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he knew he would get a lot of questions about whether that means it’s finally being primed to be spun off from Disney. And he was prepared. Iger didn’t use these words but was emphatic in saying ESPN ... Read more
Cuts represent an estimated 3.6% of Disney's global workforce in effort to save $5.5bn in costs and follow major job losses at other top US ... Read more
Disney earnings fell less than views in Q1 late Wednesday. The Dow giant will cut 7000 jobs with Bob Iger back in charge. DIS stock rose late. Read more
The film, TV and streaming businesses will fall into Disney Entertainment, led by Alan Bergman and Dana Walden, with ESPN forming its own division ... Read more
Disney said Wednesday it will cut 7,000 jobs, the latest corporate giant to lay off workers, as the Hollywood giant attempts to rein in costs. Read more
Disney CEO Bob Iger announced that sequels for Frozen, Toy Story, and Zootopia are in the works at Disney. This came after the news of layoffs and ... Read more