As Hollywood shutters amid a novel coronavirus pandemic, Blumhouse is the latest firm to implement pay cuts for senior leadership as well as layoffs.
The Los Angeles-based production company is cutting eight staffers across its film and TV divisions, The Hollywood Reporterhas confirmed.
Additionally, senior leadership will be taking unspecified pay cuts. Blumhouse's remake thrillerFantasy Island, which debuted Feb.
14 domestically via Columbia Pictures, grossed $47 million worldwide, while The Invisible Man nabbed $126 million during an abbreviated run that began Feb.