According to The Hollywood Reporter Disney is laying off 80 employees across its digital media unit. The cuts, which are part of a larger restructuring within Disney’s content and media group, which has included Maker since December.
“We’re building a digital media network of Disney and non-Disney content for kids and millennials on the platforms they use every day,” Sugerman said Thursday in a statement. “For advertisers, this network offers mobile, video, short-form content, micro-content, and influencers, all at scale.”
As part of the restructuring, Disney also is planning to shrink the size of Maker’s talent network, which at one time ballooned to 55,000 digital creators, to less than 1,000 creators.