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‘Cocomelon’ Producer Moonbug Hit With Small Round of Layoffs (EXCLUSIVE)

Moonbug, the content company behind the Netflix family juggernaut "Cocomelon," has enacted a wave of layoffs.

Another source said the brunt of downsizing will hit in-house writers for series and other content, and the company will pivot to a freelance model for those jobs. Moonbug was acquired in 2021 by Candle Media, Tom Stagg and Kevin Mayer’s venture which also includes stakes in Reese Witherspoon’s Hello Sunshine and Exile Content Studios. In addition, the two seasons of spinoff “CoComelon Lane,” a Netflix original produced by Moonbug, had 34.4 million views in the period.

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