Netflix’s job cuts, Hello Sunshine’s sale, Hulu’s X-Files order and TikTok’s microdrama slate lead Wednesday’s briefing. Plus ten more business and project headlines—all in one place.

In this briefing

• Netflix layoffs
• Hello Sunshine and Mediawan
• Hulu orders The X-Files
• TikTok and Made By Us Studios
• Also in the Trades: financing, casting and distribution

Reporting cutoff: October 14, 10:32 a.m. Eastern / 7:32 a.m. Pacific.

Original reporting

• Netflix Lays Off 6% of Employees, Elimination About 1,000 Jobs in Biggest Cutbacks to Date
• Reese Witherspoon’s Hello Sunshine Breaks Away From Candle Media
• Ryan Coogler’s ‘X-Files’ Update Scores Hulu Series Order
• Moby, Hannah Stocking & Adam Rose Set For Microdrama Slate From TikTok & Made By Us Studios
• Launch Financing To Expand Short-Term Indie Film Lending On Back Of New $15M Senior Credit Facility
• ‘Forensic Files’ to Resume Original Production Amid the Streaming Boom for Vintage True Crime Series
• Disney prepares Character.ai bid
• Theo James, Hoyeon, Christian Slater Thriller ‘The Hole’ Lands Summer 2027 Release From Orion (Exclusive)
• Stephen Chow’s ‘Kung Fu Soccer’ Sets U.S., U.K. Release With Jimmy O. Yang, MC Jin Voicing English Dub
• Milo Manheim Boards Amazon MGM & Miramax’s ‘Serendipity’ Redo From Michael Showalter
• Black Bear Acquires Love Triangle Comedy Spec From Writing Duo Cassidy Alla and Read Masino (EXCLUSIVE)
• Spectrum executive departures
• Sam Levinson Inks Overall TV Deal With Amazon MGM Studios
• BondIt, Buffalo 8 and Sandaled Kid Productions Team Up on High-Concept Horror Film Slate (EXCLUSIVE)
• Netflix Film VP Doug Belgrad Out In Layoffs

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