Industry News, The Flash (WB)

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Warner Bros. Will Cut Costs by $200 Million Annually, CEO Says

variety.com – Warner Bros. will reduce costs by $200 million annually, the studio’s chairman and CEO Kevin Tsujihara said during a presentation to Time Warner investors on Wednesday. That belt-tightening is expected to include layoffs, although the studio chief did not say how deep the cuts in staffing will be. “We have committed to cutting costs significantly,”... 5 years 24 weeks ago via theothersenhman
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