While Disney insists that the P&T division is critical to its future success, the layoffs nonetheless cut an additional two percent of the company’s workforce. This latest round of cost cutting is just one of a long series of cuts lasting several…
Browsing: The Walt Disney Company
One key actor plays notable roles in both Mission: Impossible – The Final Reckoning and the Lilo & Stitch live-action remake, making them an undisputed winner of what should become one of the biggest box office weekends of 2025. Tom Cruise’s Mission: Impossible franchise may be…
Mickey Mouse is headed to the Middle East. In a new test for its singularly American brand, the Walt Disney Company said on Wednesday that it had reached an agreement with the Miral Group, an arm of the Abu Dhabi government,…
In 2009, Disney bet heavily on comic-book movie magic. The media giant agreed to acquire Marvel Entertainment for $4 billion, gaining a treasure trove of characters and intellectual property. What followed was a decade-long boom: under Disney’s wing, Marvel Studios turned out a succession…
Amazon founder and executive chairman Jeff Bezos is planning to sell some of his holdings in the company. Bezos, whose net worth is valued at over $200 billion, will sell up to 25 million shares in the company, valued at around $5 billion,…
When Walt Disney Animation Studios opened its Vancouver production facility in 2021, the first project it took on was the series adaptation of Moana, which later became the more than $2 billion feature-film box office hit Moana 2. This development served as…