By Brent Lang
Roc Nation Hit With Furloughs, Pay Cuts
16.04.2020 - 19:15 / variety.com
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.
Reps for Roc Nation and Live Nation did not respond to Variety’s requests for comment.
The furloughs and pay cuts — which sources said were in the 10%-20% range — are said to extend across all departments as well as the streaming
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billboard.com
02.05.2020 / 00:29
Alicia Keys to Headline, DJ Khaled to Co-Host Roc Nation & AC Milan's Virtual Benefit Concert
Italian soccer club AC Milan and Roc Nation have partnered to stage a virtual live event Sunday headlined by Alicia Keys that will pay tribute to workers fighting the coronavirus pandemic in Italy and beyond.Funds raised through the event will benefit global humanitarian aid organization Direct Relief and Milan’s philanthropic foundation.Viewers will be able to donate via the “From Milan with Love” fundraising site and AC Milan’s Facebook page.The hour-long tribute is scheduled for Sunday at 9
billboard.com
23.04.2020 / 15:57
Endeavor Plans Layoffs, Furloughs and Pay Cuts for One-Third of Employees
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.
hollywoodreporter.com
23.04.2020 / 01:31
Endeavor Plans Layoffs, Furloughs and Pay Cuts for One-Third of Employees
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.
variety.com
22.04.2020 / 21:51
Endeavor Layoffs, Pay Cuts or Furloughs Will Affect One Third of Company Workforce by May (EXCLUSIVE)
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.
deadline.com
22.04.2020 / 18:17
Fox Corporation Imposes Temporary Executive Pay Cuts Amid Coronavirus Pandemic
By Nellie Andreeva
deadline.com
15.04.2020 / 21:23
WWE Sets Furloughs, Exec Pay Cuts In Plan To Save $4M In Monthly Costs
By Dade Hayes
deadline.com
14.04.2020 / 19:07
Cinemark: 17,5K Layoffs, Pay Cuts, $42M Dividend Suspension, $20M Tax Refund Part Of COVID-19 Cash Preserve Methods
By Anthony D'Alessandro
deadline.com
14.04.2020 / 18:07
IheartMedia Targets $250M In 2020 Cost Savings With Furloughs, Pay Cuts
By Jill Goldsmith
variety.com
13.04.2020 / 20:29
ESPN Seeks Pay Cuts From Top On-Air Personnel
By Brian Steinberg
hollywoodreporter.com
13.04.2020 / 19:41
Live Nation CEO to Forgo $3 Million Base Salary, Execs Take Pay Cuts
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.
