Creative Artists agency said Wednesday that it would cut the pay of its employees by up to 50% and that three of its top executives are not taking salaries this year. The move is the latest cost-cutting step by a major Hollywood talent agency in response to the coronavirus outbreak.
Filmmakers often say the last thing they want is for people to watch their movies on a phone. Now, as Quibi launches, some are hoping they do exactly that. It may be the boldest cinematic experiment in memory.