Yet another round of layoffs hit Hollywood this week, this time at Disney, as the company preps to let go of 140 people at National Geographic, Freeform and other struggling areas of the largely linear business. Sean McNulty, Richard Rushfield and Elaine Low evaluate how much studios can keep cutting — save for the Olympics, of course — before they hit bottom. Plus: Shawn Levy and Deadpool & Wolverine bring comedy back to multiplexes; IATSE’s ominous warning to its members; and a reflection on the strikes, a year later.

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