Jeff Blackburn, whose 22-year run at Amazon culminated in a role overseeing the company’s streaming efforts, has wrapped up his one-year sabbatical and announced his exit from the company.
The news, which came via a memo posted the company’s intranet whose contents were first reported by GeekWire, was not unexpected. The executive, who has been a close advisor of Amazon founder and CEO Jeff Bezos, announced his plan for a one-year sabbatical in the summer of 2019. The leave began in early 2020.
As SVP Business and Corporate Development, Blackburn steered Prime Video, Amazon Studios (which is now run by Jennifer Salke), and the company’s music, advertising and third-party businesses. In early 2020, former Hulu, Sony and Fox exec Mike Hopkins moved to Amazon in a senior role handling much of what was on Blackburn’s plate and reporting directly to Bezos.
In his memo to colleagues, Blackburn wrote, “I...
The news, which came via a memo posted the company’s intranet whose contents were first reported by GeekWire, was not unexpected. The executive, who has been a close advisor of Amazon founder and CEO Jeff Bezos, announced his plan for a one-year sabbatical in the summer of 2019. The leave began in early 2020.
As SVP Business and Corporate Development, Blackburn steered Prime Video, Amazon Studios (which is now run by Jennifer Salke), and the company’s music, advertising and third-party businesses. In early 2020, former Hulu, Sony and Fox exec Mike Hopkins moved to Amazon in a senior role handling much of what was on Blackburn’s plate and reporting directly to Bezos.
In his memo to colleagues, Blackburn wrote, “I...
- 2/23/2021
- by Dade Hayes
- Deadline Film + TV
Why is Sony laying off staff at a time when its stock is higher than it has been in years at $52 a share, and when big results are expected for God of War 4 and a Spider-Man game on PlayStation, and movie sequels to Spider-Man and Jumanji coming from a movie division that has turned things around? And all this after Sony paid generous 2017 performance bonuses that were called the “Jumanji bonus” after the $100M budget franchise reboot grossed over $961M?
Some on the lot believe that layoffs could be marching orders from Tokyo to Sony to raise profit margins by streamlining overhead and eliminating tenured high salary executives. If sources who’ve predicted these layoffs for several months are right, there will be more painful cuts coming and more internal emails divulging them. Sony Pictures Entertainment chairman Tony Vinciquerra has set a goal to raise overall return on capital margins...
Some on the lot believe that layoffs could be marching orders from Tokyo to Sony to raise profit margins by streamlining overhead and eliminating tenured high salary executives. If sources who’ve predicted these layoffs for several months are right, there will be more painful cuts coming and more internal emails divulging them. Sony Pictures Entertainment chairman Tony Vinciquerra has set a goal to raise overall return on capital margins...
- 7/12/2018
- by Mike Fleming Jr
- Deadline Film + TV
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