Disney-owned network Maker Studios is set to dramatically decrease the number of channels it represents.
Maker currently represents thousands of creators, but wishes to downsize so it only represents a core group of around 300, and is able to focus on higher-tier influencers. The news came just hours after the studio announced its separation from Felix Kjellberg.
Along with these changes, Maker is also set to conduct another round of layoffs, according to The Hollywood Reporter. The most recent round of redundancies was last July, when roughly 30 employees were laid off. The current job losses follow on from this past December, when Disney folded Maker into a different division of its Consumer Products and Interactive Media department, causing executive Courtney Holt to step down from the company and take a new role within Disney.
The changes represent Disney’s continued struggles with their acquired Maker Studios. According to The Wall Street Journal, the studio has not managed to turn a profit since Disney’s acquisition, despite earning $300m in revenue in 2016.