Wonderstruck Studios and SHM Partners have announced plans to invest $85.9 million in a new film, visual effects and animation studio in downtown Detroit, Michigan.…
We reported that ABC Disney is cutting jobs. Officials at Connecticut-based ESPN say the sports broadcasting network will institute a long-term hiring cut of 200…
Time Warner's America Online unit will cut 10% of its workforce because the recession has forced advertisers to reduce spending. Employees won’t receive merit pay…
While the video game industry has been far outperforming many others in the economic downturn, Microsoft has included many in its own video game units…
General Manager of Springfield’s Clear Channel, Paul Windisch, confirmed that the company made layoffs at their site in Springfield--just part of the company’s eventual plan…