A quick update on the previously reported rumors that the German manufacturer of professional motion picture cameras, lenses, and lighting ARRI was up for sale. Bloomberg now reports that ARRI is cutting jobs and closing two locations in Germany:

“Arri Group, a major Hollywood equipment supplier, is cutting jobs and closing two locations in Germany, the latest fallout from the continued decline in movie production. Operations at Arri’s lighting factory, repair and distribution centers in the municipalities of Stephanskirchen and Brannenburg will halt by the end of the year, resulting in the loss of 150 positions, Arri spokesman Kevin Schwutke said in an email.”

Who is going to buy ARRI?

BLACK FRIDAY

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