Fremantle has laid off all staff at drama producer Euston Films and documentary label Undeniable.
The Facility, a film by Seth Freed Wessler
“As part of our ongoing strategic planning, we continually review actions needed to create a more effective, coordinated and streamlined approach to our business to ensure it is best positioned for future success and growth, and to continue to deliver exceptional creativity and world-class content for our valued partners and clients around the world,” a Fremantle representative said.
“As our industry evolves, so must we, and with this in mind we have made the difficult decision to implement changes within Fremantle. We would like to take this time to thank our colleagues who have been behind some incredible, award-winning programming, and wish them all the best for the future.”
According to a source, it is "too early" to confirm what will happen to Euston Films or Undeniable as the labels have not officially closed down, despite having no staff.