Walden Media is Restructing (The studio behind Narnia Chronicles)

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The studio behind The Chronicles of Narnia trilogy is currently restructing

The studio behind The Chronicles of Narnia trilogy and other movies in children’s fare and backed by Philip Anschutz’s Anschutz Film Group is laying off over a dozen employees across multiple departments. Walden, whose hits include The Chronicles of Narnia films, Bridge to Terabithia, Journey to the Center of the Earth 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. 

View the full report here: http://www.deadline.com/2013/08/walden-media-layoffs-studio-axes-original-content-development/

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