Layoffs Hit ‘Chronicles Of Narnia’ Producer Walden Media

EXCLUSIVE: The studio specializing in children’s fare and backed by Philip Anschutz’s Anschutz Film Group is laying off over a dozen employees across multiple departments, I’m told, as Walden Media restructures. That’s a significant number for a company that only has about 50 staffers on the payroll. Walden, whose hits include the Chronicles Of Narnia films, Bridge To Terabithia, and Charlotte’s Web, is axing development of original content and will instead focus on co-financing studio-submitted and third party-produced film and TV projects. Some of the layoffs are effective immediately and others will roll out in the next few weeks. Here’s a statement from Walden Media on the staffing cuts and new content focus: (more…)

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