Walt Disney Company Cuts 140 Jobs from Entertainment Television Disney Entertainment Television has laid off 140 employees, primarily affecting National Geographic, as part of its ongoing cost-cutting measures. The layoffs announced months ago but implemented today according to Deadline, represent 2% of the division’s workforce, with National Geographic experiencing a
Tag: Walt Disney Company
Ex Marvel CEO Ike Perlmutter Sells Entire Stake in Walt Disney Company
Ex Marvel CEO Ike Perlmutter Sells Entire Stake in Walt Disney Company Former Marvel CEO and chairman, Ike Perlmutter, has offloaded his entire stake in The Walt Disney Company, as reported by Seeking Alpha. Related – Marvel’s Kevin Feige Receiving Hollywood Walk of Fame Star This Month Perlmutter, who became
Walt Disney Company Earns 183 Record-Breaking Emmy Award Nominations
Walt Disney Company Earns 183 Record-Breaking Emmy Award Nominations The Walt Disney Company is thrilled to announce a record-breaking 183 Emmy Award nominations across its diverse portfolio. From the captivating storytelling of ABC and Disney Branded Television to the groundbreaking content on Disney+, Hulu, and FX, the company’s impact on
Walt Disney Company Faces Alleged Massive 1.1TB Data Breach
Walt Disney Company Faces Alleged Massive 1.1TB Data Breach The Walt Disney Company is reportedly facing a significant data breach, with claims that 1.1 terabytes of sensitive information have been compromised. A hacktivist group known as “Nullbulge” claims to have gained access to Disney’s internal Slack platform, potentially exposing a
Next Walt Disney Company CEO Could be Named in 2024
Disney CEO Bob Iger’s Succession: Insights from Kevin Mayer In a recent Yahoo Finance interview, Kevin Mayer, a former Disney executive and advisor to Bob Iger, shed light on the ongoing Disney CEO succession process and hinted at the possibility of one final, major move by Iger before his 2026
Employees Suing Walt Disney Company Over Canceled Move From California to Florida
Employees Suing Walt Disney Company Over Canceled Move From California to Florida The reversal of Walt Disney Company’s plan to relocate 2,000 California workers to Florida is still causing problems for the company. The decision to scrap the move, which was initially announced in 2021, came after Bob Iger returned
Disney Kicks Off Global Celebration Honoring 90 Years of Donald Duck
The Walt Disney Company has launched a spectacular campaign celebrating 90 years of Donald Duck, starting with an exclusive first-look on Good Morning America. This special segment showcased over 70 Donald Duck-themed products from more than 20 brands, including American Tourister, Casetify, and Loungefly, with additional products from Cakeworthy, Citizen,
Disney CEO Bob Iger Awarded Honorary Knight of the Order of the British Empire
Disney CEO Bob Iger Awarded Honorary Knight of the Order of the British Empire Disney CEO Bob Iger has been knighted by Prince William at Windsor Castle, receiving the honorary title of Knight Commander of the Most Excellent Order of the British Empire (KBE). Related – Disney Parks Go All-In
Disney Named to TIME’s List of the Most Influential Companies of 2024
Disney Recognized as a Global Force for the Fourth Consecutive Year on TIME100 List The Walt Disney Company has once again secured a spot on TIME magazine’s prestigious TIME100 Most Influential Companies list, highlighting its sustained impact on the global stage. This marks the fourth consecutive year that Disney has
CEO Bob Iger Remarks on Walt Disney Company’s Strong Performance and Building for the Future
CEO Bob Iger Remarks on Walt Disney Company’s Strong Performance and Building for the Future The Walt Disney Company celebrated a strong second quarter, reporting its 2024 earnings on Tuesday. CEO Bob Iger emphasized the results as a testament to the company’s strategic direction, while also hinting at exciting things
Marvel Studios Streamlines Release Schedule: Focus on Quality Over Quantity
Marvel Studios Streamlines Release Schedule: Focus on Quality Over Quantity Disney CEO Bob Iger recently announced a strategic shift for Marvel Studios, prioritizing quality over quantity in content production. This means a reduction in the number of both movies and TV series released each year. Related – Disney+ Adds Over
Disney+ Adds Over 6 Million Subscribers in the Second Quarter of 2024
Disney+ Adds Over 6 Million Subscribers in the Second Quarter of 2024 Disney+ continues its growth trajectory, adding over six million subscribers in the second quarter of 2024. This positive news comes alongside Disney’s projection of a loss in the streaming services sector for Q3. However, the company remains optimistic,
Disney Files Patent for Floating Pram Inspired by ‘The Mandalorian’
Disney Files Patent for Floating Pram Inspired by ‘The Mandalorian’
Disney’s CEO, Bob Iger, Discusses the Company’s Performance, Expansion, and Forward Momentum
Disney’s CEO, Bob Iger, Discusses the Company’s Performance, Expansion, and Forward Momentum Disney’s Chief Executive Officer, Bob Iger, engaged in a comprehensive question-and-answer session during the recent Morgan Stanley Technology, Media, and Telecom Conference. Covering various facets of the enterprise, the interview provided Iger with an opportunity to emphasize the
