Vice Makes Layoffs In London & Pulse Films Shuts TV-Film Division

EXCLUSIVE: Vice-belonging Pulse filmsthe legendary transatlantic production company behind Gangs of London, American honey And The disappearance of Madeleine McCann. After 20 years, he retires from high-quality TV and film acting.

Vice has made a number of redundancies in London as Pulse moves to exclusively produce advertising, music videos and branded entertainment, while Vice Studio will take on his future scripting projects under the leadership of newly appointed studio head Amy Powell in Los Angeles

The move marks the end of an era for Pulse, which has been responsible for films such as American honey And Mogul Mowgliclick “Netflix Document” The disappearance of Madeleine McCann and Sky-AMC Gangs of London the latter of which was just renewed for a fourth season. Sky's Atomic TV series and film Saoirse Ronan Bad Apples other recent projects. Future projects such as Gangs of London The fourth season will take place at Vice Studios in Los Angeles.

We understand that there have been a number of redundancies in London. Jamie Hallwho led newly merged Vice Studios groupwhich included Pulse, moving to BBC Studios as script MD.

Meanwhile, vice chief financial officer Matthew Moore, who was based in London, recently left and was replaced by Nate Brown. We're told Vice has recently made a number of hires in Los Angeles and New York, with plans to fill additional positions in the UK. Vice UK's high-profile script remains via McMafia indie-Cuba Pictures that it is recently bought from UTA's Curtis Brown.

The pulse has changed since the founder left Thomas BenskiWHO launched IP-led media group Lumina and has since backed Magna Studios, which is run by former Pulse bosses Marisa Clifford and Davood Karbassiun, who we're told have hired several former Pulse employees. Pulse's latest reports for 2023 say the London-headquartered independent company employs 66 staff. For the year, the company generated revenue of £61.9 million ($81.4 million), more than half of which came from the US, and a profit of £5.3 million.

“To better position the studio for growth, we have consolidated our premium film and television offerings into a single VICE Studios under the leadership of Amy Powell,” a Vice spokeswoman told Deadline. “We are confident we have the right team, vision and resources to advance the global, premium and culturally resonant storytelling that VICE is known for. Pulse Films continues to be a dynamic label with a thriving commercial, music video and signature entertainment offering across our group of brands, along with production company London Alley, creative agency VIRTUE and comedy label Ruckus Films.”

Vice has had a roller coaster few years, to say the least.

Following the company's highly publicized bankruptcy in 2022, when it was sold for $350 million to a hedge fund and former Fortress investor, the group laid off hundreds of employees and restructured. Former Vice Media boss Bruce Dixon and Studios co-president Danny Gabay told us that Vice is coming back from the brink last year with a new $75 million production funding facility that Vice said would boost content spending to $500 million over the next three to five years. Both Dixon and Gabay have since left, replaced by an NBCUniversal veteran. Adam Stotsky and Powell respectively.

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