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Maker Studios Braces for More Layoffs as Disney Plans to Shrink Creator Network

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The Hollywood Reporter reports: “Maker Studios is bracing for another round of layoffs, multiple sources tell The Hollywood Reporter.The Disney-owned digital network is set to undergo a round of cuts that sources describe as significant. The layoffs come as Disney is expected to shrink the size of Maker’s network of creators to around 300, in part by not renewing deals with some of its smaller partners. Instead, Maker is said to be reorienting its focus on only its top-tier online creators with large YouTube followings. The Maker website currently says that the company works with ‘thousands of creators’.”

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