"As you will see, the changes ... represent a significant restructuring of some traditional business models and processes that have been in place at the studio for years," Vinciquerra said in a memo to staff obtained by The Times. "Our decision to rethink the way we operate these units was driven by our goals to streamline SPE's business operations, making them nimbler and better aligned with a rapidly-evolving industry."

Source: Los Angeles Times February 06, 2018 20:17 UTC