Pros
Depending on the manager, schedule can be semi-flexible. Pay, while not top grade, is not bad, again provided you have a manager willing to fight for you for a decent raise. Yearly bonuses (I can see these possibly going away with the new regime in place).
Cons
Wow...where to start. There is a saying that says the grass isn't always greener on the other side. This is certainly the case with Entertainment Partners and their massive shakeup of the company in the interests of becoming more profitable. After hiring a CTO (a company first) and the acquisition of Ease, it has been nothing but confusion, calamity, and chaos. Both of these events wouldn't be a problem if A) they had actually hired a CTO that was semi-competent and B) they had actually thought through the buyout for more than 10 minutes. As always happens when one company buys another, some people are going to need to be let go. But it would have been nice if they had actually thought about whom to let go so teams were not completely decimated by the losses. And this is the continuing problem with EP: require top results but don't give the resources needed to complete the job. Or in this case, simply take them away. Then when upper management demands to know why deadlines or goals are not met, the head hunting begins and there's always a sacrificial lamb. Just pray it's not you. You know it's bad when the company holds all-hands meetings and warns that no dissension will be tolerated. The phrase used was "you're either in or your out". Yes...you've made that abundantly clear. If you like being continuously frustrated, overworked, and enjoy the challenge of dodging the knives constantly coming for your back, by all means, apply today. If you like career opportunities and growth...look elsewhere.