Machinima Is Shutting Down, With 81 Staffers Laid Off

Machinima, which rose to prominence as an influential and lucrative multi-channel network catering to gamer culture, has laid off 81 employees and ceased operations. The company, which was acquired by Warner Bros in 2016 and at the beginning of 2019 was folded into WarnerMedia’s Otter Media, confirmed the moves Friday. “A select number of Machinima employees remain with the company, which is now actively providing services to supercharge the combined portfolio of Otter Media,” a Machinima spokesperson said. “Machinima has ceased its remaining operations, which includes layoffs.
Read more: https://deadline.com/2019/02/machinima-closing-layoffs-warnermedia-otter-media-1202547949/?source=Snapzu