Film and Pen

Media Business

2 articles

A deserted Hollywood backlot with a fading 'Shadowcast Pictures' sign, illustrating the significant shift and closures within the film and TV production industry.
Media Industry

Shadowcast Pictures Closure Signals Industry-Wide Production Shift

More than 80 film and TV production service companies in Los Angeles have shuttered since 2022, marking a seismic shift in Hollywood's foundational infrastructure.

Amelia Frost·June 28, 2026
A cinematic image depicting a modern corporate office building with the Sony logo, and executives in a boardroom discussing strategic plans, symbolizing Sony Pictures' major reorganization and staff cuts.
Media Industry

Sony Pictures Announces Staff Cuts in Major Reorganization

Sony Pictures is undergoing a major global reorganization, including staff cuts, to strategically pivot towards key growth areas like video game adaptations and anime. This move aims to reshape the studio for a rapidly changing media landscape.

Leo Hartmann·April 9, 2026