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Modern Groove Closes its Canadian Subsidiary
Modern Groove Entertainment has announced the consolidation of its operations.
1 Min Read
![](https://eu-images.contentstack.com/v3/assets/blt740a130ae3c5d529/bltba62518415cda0e2/652fe6ddbc479f8697ef691f/default-cubic.png?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
By consolidating operations and reducing its overhead, the company hopes to concentrate its efforts in building its revenue base and support infrastructure while conserving other resources. John Stroppa, President and CEO stated, “In light of today’s economic situation we have determined it is in the best interests of the company to substantially reduce overhead and to consolidate all operations by closing the Vancouver production studios and its Canadian subsidiary effective immediately.
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