Cineverse Announces Layoffs Amidst Q1 Earnings Report

Austria has selected Berlin Film Festival winner Rose, which stars Sandra Hüller, as its International Oscar hopeful. Markus Schleinzer’s black-and-white period critical hit had its world premiere in competition at the Berlinale and won Hüller the festival’s Silver Bear for best leading performance.

Streamer and specialty film distributor Cineverse has revealed that layoffs have hit its workforce of 300 employees. In its report of fiscal first-quarter earnings on Thursday, the company said it completed a “reduction in force” after the June 30 end of the quarter. The move will result