Major Hollywood equipment supplier ARRI Group has announced the closure of two German facilities and the elimination of 150 positions by year’s end, marking the latest casualty in the film industry’s prolonged production downturn. The Munich-based company will shut down its lighting factory, repair center, and distribution operations in Stephanskirchen and Brannenburg, with approximately one-third of the affected employees being offered relocation to ARRI’s headquarters. Founded in 1917, ARRI has built its reputation manufacturing cameras favored by acclaimed directors around the globe. The company now joins a growing list of industry suppliers forced to restructure as Hollywood’s production slowdown continues to reverberate throughout the supply chain. Image credit: ARRI “Like many companies in the film industry, ARRI is undergoing a significant transformation to address lasting shifts in market demand while reinforcing its core strengths,” company spokesman Kevin Schwutke explained in a statement to Bloomberg. The announcement comes a few months after a Bloomberg report that ARRI was exploring strategic options, including a potential full or partial sale while working with restructuring consultancy AlixPartners to streamline operations. Industry-wide contraction accelerates The ARRI restructuring represents just one data point in a broader pattern of distress rippling through Hollywood’s equipment and services sector. Production cuts at major studios have triggered cascading effects across suppliers, rental houses, real estate investors, and service providers throughout the entertainment industry ecosystem. Image credit: ARRI Partial workforce retention in Munich Of the 150 employees losing their positions at the Stephanskirchen and Brannenburg locations, roughly 50 will receive offers...
Published By: CineD - Yesterday