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Matthew Belloni

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Netflix readies layoffs affecting 5% of staff, Puck reports

Netflix readies layoffs affecting 5% of staff, Puck reports

Puck’s Matthew Belloni reports that Netflix is preparing a restructuring cutting about 5 percent of its roughly 17,000 employees, or around 850 jobs, with an announcement possible as early as next week. Netflix declined to comment to Puck on the plan.

Streaming

Belloni fields Hollywood’s top questions on the Skydance-Paramount-WBD merger

Puck’s Matthew Belloni reports that Skydance co-CEOs David Ellison and Ynon Kreiz have avoided specifics on combining Paramount and Warner Bros. operations, prompting him to answer the creative community’s most pressing questions about how the merged studio will actually function.

Oct 10
Streaming

De Luca and Abdy exit as WarnerMount’s Paramount merger looms

Puck’s Matthew Belloni reports that Mike De Luca and Pam Abdy won’t survive Warner Bros.’ merger with Paramount, after running the film division through a big-swing era of artistic highs and a punishing 2026 box office, including the flop Digger.

Oct 5
Streaming

Xbox shops bulk Hollywood rights deal worth $300 million-plus

Puck’s Matthew Belloni reports that Microsoft’s Xbox division is quietly pitching Hollywood on a package of more than a dozen game franchises, including Halo, World of Warcraft, Elder Scrolls, and Diablo, for a single studio or streamer.

Aug 30