Microsoft to wind down Hollywood operations
Microsoft to wind down Hollywood operations

Microsoft is shutting down the bulk of its Hollywood unit as part of a broader restructuring at the software giant that will result in 14,000 jobs being cut. Launched in 2012 with big expectations, Xbox Entertainment Studios will wind down operations in the coming months. Nancy Tellem, the former CBS President and Jordan Levin, a well-regarded programmer, will see through some current projects in development before exiting. Tellem was brought in with great fanfare in 2012 to oversee XES, and Levin was hired just five months ago. While the hires got notice because both are well regarded, Microsoft's commitment to original content and the resources necessary to make it seemed to...