UPDATE from Ontario Film Office Los Angeles Rep – October 13, 2017

It seems there was little industry news out of Los Angeles this week that didn’t involve Harvey Weinstein and, if you haven’t already caught up, there are many dozens of readily available stories discussing the allegations against him and how they may impact Hollywood’s business culture and mores.

Late yesterday Deadline published an up-to-the-minute examination of what the scandal could mean for the Weinstein Company itself. As reported below, as talent agencies are poised to cut off talent supply, at risk are the company’s nearly 200 staffers and dozens of film and television projects in various stages of production and development.

http://deadline.com/2017/10/the-weinstein-co-nears-the-brink-as-agencies-cut-off-talent-supply-1202187269/

There was also bad news at ABC Disney, which began layoffs this week as part of a long-anticipated restructuring and reallocation of resources at its non-sports broadcast and cable television arm. As detailed in Variety below, though the volume of employees impacted is said to be significantly lower than the 10% cut that had been speculated when news broke of the plan six weeks ago, cuts are impacting all the group’s entertainment units, including ABC Entertainment  ABC Studios, Disney Channel, DisneyXD, Disney Junior, and Freeform.

http://variety.com/2017/tv/news/disney-abc-tv-begins-layoffs-1202588577/

Fresh on the heels of its Emmy win for The Handmaid;s Tale, Hulu continues to emerge as a major player in the streaming field. As detailed in Ad Age below, Hulu this week beat out rivals Netflix and Amazon in an auction for reruns of the hit NBC series This Is Us.

http://adage.com/article/media/tv-s-greatest-hits-move-netflix-hulu/310811/?ito=792

Finally this week, there was news that Facebook is moving the needle on accessible virtual reality, unveiling a stand-alone headset that won’t require plugging in a smartphone or a cord tethering it to a personal computer like the Oculus Rift headset does. As detailed in the L.A. Times below, Oculus Go, will cost $199 when it hits the market next year, a big drop from the Rift, which originally sold for $599 and required a PC costing at least $500.

http://beta.latimes.com/business/la-fi-tn-oculus-go-20171011-story.html#nt=oft12aH-1gp2