Layoffs begin at The Hollywood Reporter by parent company

Valence Media, parent company of The Hollywood Reporter, has laid off 20 employees, including executive vice president and group publisher Lynne Segall, reports Yahoo Finance. In addition, film critic Todd McCarthy, senior editor Benjamin Svetkey, senior film editor Piya Sinha-Roy, real estate and city editor Peter Kiefer and senior events editor Ramona Saviss were also […]

Valence Media to slash jobs at Hollywood Reporter and Billboard

Parent company Valence Media will be cutting jobs at both The Hollywood Reporter and Billboard in an attempt to reduce expenses by up to $10 million, reports The Wrap. The downsizing was initially stated to be bigger as the company is at an estimated loss of about $18-$19 million a year. The move comes at […]