J.J. Abrams's $250M empire dismantled · 53,000 entertainment jobs gone since 2023 · L.A. film employment down 30% · AI entertech emerges as the K-content pivot point
The first week of April 2026 will be remembered as one of the most consequential seven-day stretches in Hollywood's modern era. Disney announced plans to eliminate up to 1,000 positions under new CEO Josh D'Amaro. Sony Pictures Entertainment confirmed the restructuring of several hundred roles from its 12,000-person global workforce.
