As all of Hollywood continues to struggle to survive the closures caused by the coronavirus pandemic, Endeavor is gearing up for lay offs, furloughs and pay cuts across all divisions and company holdings.
04.04.2020 - 02:45 / deadline.com
By Nellie Andreeva
Co-Editor-in-Chief, TV
Gersh has become the latest Hollywood talent agency to impose salary reductions in an effort to mitigate the devastating impact the coronavirus pandemic has had on the entertainment business as the death toll worldwide continues to rise.
Like other companies that have resorted to pay cuts, Gersh Agency’s biggest earners will take he brunt of the reductions, with Bob Gersh and David Gersh foregoing their salaries.
The agency also has furloughed a small
As all of Hollywood continues to struggle to survive the closures caused by the coronavirus pandemic, Endeavor is gearing up for lay offs, furloughs and pay cuts across all divisions and company holdings.
As all of Hollywood continues to struggle to survive the closures caused by the coronavirus pandemic, Endeavor is gearing up for lay offs, furloughs and pay cuts across all divisions and company holdings. The cuts, which have already begun in some businesses, will affect up to one-third of the company, which staffs 7,500 people worldwide, and will take place through May.
Cost-cutting measures at Hollywood conglomerate Endeavor will affect up to one-third of the company’s workforce by the end of May, Variety has learned.
By Nellie Andreeva
Bella Hadid has had a blissful coronavirus self-isolation on her family’s farm in Pennsylvania. The longtime equestrian been riding horses, doing TikTok videos and plenty of cooking/baking.
By Anthony D'Alessandro
Cast & Crew, the entertainment industry's ubiquitous payroll, accounting and human resources software brand, is following other companies' leads in implementing furloughs and pay cuts amid the coronavirus outbreak. The company, which also offers workflow and productivity software, on Thursday announced that it would furlough "a significant percentage" of its workforce and reduce hours for remaining employees.
Fonseca and Andres Cepeda have joined forces once again to release a new song and campaign titled “Te Entrego Mi Corazón,” to raise awareness of the novel coronavirus outbreak in Colombia.Co-written by Andrés Cepeda, Juan Fernando Fonseca, and John Harby Ubaque “Dartagnan,” the inspiring song is a traditional Bambuco with heartwarming lyrics dedicated to the medical professionals and the wider Colombian community.With this new campaign song, the two Colombian artists, who have postponed their
By Nellie Andreeva
By Nellie Andreeva, Denise Petski
The global crisis surrounding the Coronavirus is making a strong impact on the sports world. With the majority of matches and games placed on hold until further notice, several sport institutions have suffered a decrease in incomes, putting their economic situation at risk. For this reason, two of the world's most famous soccer players, Cristiano Ronaldo and Lionel Messi, have accepted a noteworthy reduction in their salaries.
Cinemark CEO Mark Zoradi and the theater chain's board of directors are forgoing their entire salaries for the time being amid the coronavirus epidemic, while mandating deep pay reductions for all U.S. corporate employees, the company said Monday.
Bob Iger will be forgoing his entire salary amid this worldwide health crisis.