James Corden has committed to paying the salaries of about 60 furloughed staffers on "The Late Late Show" after their paychecks from CBS come to an end this week.
14.04.2020 - 19:35 / variety.com
By Jem Aswad
Senior Music Editor
iHeartMedia announced to investors today a plan to cut up to $250 million from its expenses for 2020. Today’s $200 million plan comes after the company announced $50 million in savings early this year via “modern initiatives” that began in February, which saw a number of people being let go — which a company rep stressed were furloughs, not layoffs — including a number of popular on-air personalities as the company moves ahead into more automated programming.
James Corden has committed to paying the salaries of about 60 furloughed staffers on "The Late Late Show" after their paychecks from CBS come to an end this week.
By Cynthia Littleton
By David Robb
Since joining the UN Foundation in 2015, Elizabeth Cousens has helped strategize how best to support the ' efforts around the globe.
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.
Roc Nation, the multifaceted management-label-publishing company established as a partnership between Jay-Z and Live Nation, was hit with multiple furloughs and pay cuts last month that extend across as much as half the company, multiple sources confirm to Variety.
By Dade Hayes
By Jem Aswad
By Jill Goldsmith
A month after suspending all tours amid the novel coronavirus pandemic, Live Nation's CEO will be forgoing his annual base salary and other executives will be taking pay cuts, the events promoter disclosed. Additionally, the company has amended its credit agreement to get access to up to an additional $120 million to $150 million as the concert industry has shuttered across the globe.
By Jem Aswad
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.
By Patrick Hipes
By Bruce Haring
We could all take notes from Sophia Bush. This afternoon, the former One Tree Hill actress took to Instagram to share a "bright spot on this #quarantine Tuesday" will her fans and followers. "This is my friend JP.