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The Latest Breaking News from Walt Disney Co

Disney layoffs begin this week. Iger says 7,000 job cuts to finish before summer

Walt Disney Co. this week begins its plan to cut 7,000 jobs as part of a wider effort to rejuvenate the Burbank entertainment giant's finances and reach profitability at its streaming business.

Los Angeles Times

Bob Iger admits Disney theme park pricing moves were 'a little too aggressive'

Walt Disney Co. Chief Executive Bob Iger acknowledges his company goofed on some of its pricing strategies.

Los Angeles Times

DeSantis holds up Disney move as proof he’ll fight ‘woke’ corporations

LAKE BUENA VISTA, Fla. — As he declared victory over Walt Disney Co. on Monday, Gov. Ron DeSantis lectured the corporate leaders of the state’s biggest employer in its lifeblood tourism industry.

Orlando Sentinel

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The Original Iconic Star Wars Character Could Return To The Big Screen With A Special Technology

Three of the most iconic characters in the Star Wars universe were killed off in the last trilogy of theatrically released movies

Zenger

Disney got ‘The Simpsons’ and ‘Avatar.’ But some now see the Fox deal as a mistake

LOS ANGELES — Will history judge Walt Disney Co.'s $71.3 billion purchase of 21st Century Fox a success?

Los Angeles Times

Ant-Man Opens Big at Box Office with $104M for ‘Quantumania’

Phase five of the Marvel Cinematic Universe may have gotten off to a rocky start, but Ant-Man is bigger than ever at the box office. “Ant-Man and the Wasp: Quantumania” opened with $104 million in domestic ticket sales, according to studio estimates Sunday, easily surpassing the box-office debuts of the…

Asharq Al-Awsat

Mickey & Minnie’s Runaway Railway uses innovation to deliver old-school Disney

Part old-school theme park attraction, part love letter to animation and part modern showcase of projection technology, Mickey & Minnie’s Runaway Railway at long last landed in Disneyland’s Toontown, its second but most-fitting home.

Los Angeles Times

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It’s not just Disney: Hollywood slashes jobs as streaming bubble pops

LOS ANGELES — Walt Disney Co. Chief Executive Bob Iger said last week that the Burbank company will be slashing 7,000 jobs as the firm’s streaming efforts continue to lose money and the wider economy wallows through a downturn.

Los Angeles Times

Disney is planning an Avatar experience at Disneyland

The Walt Disney Co. is planning to add an Avatar experience to Disneyland and explore other opportunities at its theme parks as it looks for more ways to appeal to its guests

The Independent UK

Disney's Bob Iger says ESPN is not for sale. Now the pressure is on

Walt Disney Co. Chief Executive Bob Iger this week announced a "major transformation" for the entertainment media giant, raising a familiar question from Wall Street: What will happen to ESPN?

Los Angeles Times

Florida House OKs state takeover of Disney’s taxing district

TALLAHASSEE, Fla. — The Florida House voted 82-31 to reorganize the Reedy Creek Improvement District, removing the Walt Disney Co.’s control of the quasi-governmental agency it’s managed for more than five decades.

Orlando Sentinel

Disney to cut 7,000 jobs as returned CEO Iger vows 'transformation'

The Walt Disney Co. will cut about 7,000 jobs as part of an ambitious companywide cost-savings plan and “strategic reorganization” announced Wednesday by CEO Bob Iger.

France 24

Disney to cut 7,000 jobs in Iger's company 'transformation'

The Walt Disney Co. says it will cut about 7,000 jobs as part of a “significant transformation” announced by CEO Bob Iger

The Independent UK

Bob Iger signals ‘significant transformation’ as Disney+ loses 2.4 million subscribers

Bob Iger is back at Walt Disney Co., but that doesn’t mean the entertainment giant is out of the woods yet.

Los Angeles Times

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The Independent UK

Disney cuts Simpsons 'forced labor' episode in Hong Kong

Walt Disney Co. has removed from its streaming service in Hong Kong an episode from its cartoon series The Simpsons that includes a reference to “forced labor camps” in China

Miami Herald

DeSantis says time has come for Florida Legislature to deal with Disney’s Reedy Creek

MIAMI — Gov. Ron DeSantis said lawmakers will return to Tallahassee as soon as next week to continue his fight against The Walt Disney Co. after it opposed Florida’s Parental Rights in Education legislation last year, called “don’t say gay” by critics.

Asharq Al-Awsat

Report: Apple Developing Software to Help Users Build Apps for Upcoming Headset

Apple Inc is developing software to help users of its upcoming mixed-reality (MR) headset build their own augmented reality apps, the Information reported on Friday, citing four people who worked on the headset. According to a Bloomberg News report, the company was in talks with about half a dozen media…

Asharq Al-Awsat

‘Avatar: The Way of Water’ Tops $2 Billion in Global Box Office Receipts

James Cameron's "Avatar: The Way of Water" led ticket sales in movie theaters for the sixth straight weekend, making it the first film to have such a sustained reign atop the box office since 2009's "Avatar." The Walt Disney Co.’s "The Way of Water" added $19.7 million in US and…

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Los Angeles Times

China welcomes back Disney Marvel movies with 'Black Panther,' 'Ant-Man' sequels

China appears to have loosened its restrictions on the release of Walt Disney Co.'s Marvel movies in the world's most populous country and its second-largest box office market.

Los Angeles Times

Disney blasts activist shareholder campaign. Marvel chair played a role in board fight

The Walt Disney Co. has come out swinging against activist shareholder Nelson Peltz's campaign to join the company's board of directors, saying the billionaire lacks a basic understanding of Disney's business and has offered no strategic ideas.

Los Angeles Times

Bob Iger orders Disney employees back to the office four days a week

The work-from-home era is over at Walt Disney Co.

Orlando Sentinel

Theme parks 2023: Fresh rides coming, but it’s end of the track for a few

ORLANDO, Fla. — We have the makings of a busy theme park calendar in 2023, with long-awaited projects (hopefully) reaching completion, new events debuting and a few favorites bowing out.

The Independent UK

How to plan a Disneyland trip for the Disney100 celebration

The Walt Disney Company is whipping up new attractions to mark turning 100 years old

Los Angeles Times

Barbara Walters dies at 93; news anchor broke the boy’s club of network television

Barbara Walters, the first woman to break up the all-male club of network television anchors and one of the last remaining megastars in broadcast news who deftly coaxed world leaders and celebrities alike into revealing their secrets and deepest fears, has died, according to ABC News, her longtime employer.

Bangkok Post

Disney's Mickey Mouse cartoon will soon be public property

LOS ANGELES: There is nothing soft and cuddly about the way The Walt Disney Co. protects the characters it brings to life.

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