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Article Summary
  • Cocomelon and Moonbug, popular children's content creators, are facing layoffs
  • The companies are experiencing financial difficulties despite their successful shows on Netflix
  • The layoffs are impacting employees in various departments
  • Moonbug is also facing challenges with its marketing and distribution strategies
  • The companies are working to navigate through these challenges and find solutions Tone: Concerned but informative
Check out the full article here.
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California
  Variety     15 hours ago
Cocomelon Producer Moonbug Hit With Small Round Of Layoffs (EXCLUSIVE)
Moonbug, the family content machine behind the Netflix juggernaut “Cocomelon,” has enacted a small round of layoffs. Sources estimated that less than 5% of the company will be impacted, and that pink slips will come for roles in Los Angeles and London. Another source said the brunt of downsizing will hit in-house writers for series […]
https://variety.com/2024/film/news/cocomelon-moonb...
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