Walt Disney

The cuts are expected to fall on all parts of the company, including theme parks and the ESPN sports networks

The entertainment giant was granted subpoenas Monday ordering Alphabet's Google, Reddit to turn over any data they have that would identify the person or persons who posted the script on their sites

Home textiles major Welspun India is seeking to tap opportunities in the kids segment through its licensing pact with The Walt Disney Company, according to Welspun's CEO and Joint Managing Director Dipali Goenka. The company, which had signed a brand licensing agreement with Walt Disney in January for the Europe and the UK market this year, also sees an increase of shelf space of licensed brands as compared to its private labels. "If there's a recession, or a slowdown, people will not compromise on their kids' demands...The kids' opportunity is huge. Whether there's a slowdown or there's a peak, that demand never tapers off," Goenka told PTI. The licence agreement had given Welspun the rights to design, develop, manufacture and distribute a complete range of home textiles products leveraging on Disney's franchises and characters across Disney, Pixar, Marvel and Lucas brands. Welspun India President & Global Head Keyur Parekh said the licensing pact with Walt Disney marks the foray

This decision will make it possible for Florida to tax Disney to help fund road improvements outside the parks

Parent firm to fire 7,000 staffers globally to save $5.5 bn in costs, make streaming biz profitable

The layoffs represent an estimated 3.6% of Disney's global workforce

It is anticipated that metaverse will bring another dimension to user interaction. It has the potential to enrich user experience by providing real-time user interaction

The James Cameron-directed film has taken in $1.93 billion globally, Disney said in a statement

Amazon and Disney have teamed up to launch a new voice assistant called 'Hey Disney!', which was shown with a live demonstration at the Consumer Electronics Show (CES) 2023

It's the fastest a film has made that much since Spider-Man: No Way Home a year ago, according to a statement from Disney on Wednesday

The version of the iconic character from "Steamboat Willie" will enter the public domain in 2024. But those trying to take advantage could end up in a legal mousetrap

Disney's move comes at a time when it is focusing on its broadcast and streaming service businesses in India

Avatar: The Way of Water, a follow-up to the 2009 hit movie, was cleared for a Dec. 16 release date, raising the earnings potential for one of Disney's biggest films of the year

The stock performance of companies led by CEOs who returned for another stint in their former position - so-called boomerang CEOs - was 10.1 per cent lower during their tenures

During Bob Iger's first tenure from 2005 to 2020, Disney's annualised shareholder returns were more than 14%, well above its rival Comcast Corp and the broader stock market

While Chapek's rise to the CEO spot in February of 2020 came as a surprise to many, his departure this week was even more shocking

Iger will receive a base salary of $1 mn and a bonus equal to that amount, according to a filing by the company on Monday. In addition, he'll receive stock awards with target value of $25 mn each year

The Walt Disney Company has announced that Robert A Iger (Bob Iger) is returning to head the company amid the company's plans to reduce workforce to navigate the rough global conditions

According to an internal leaked memo from Disney CEO Bob Chapek, seen by CNBC, the company is 'limiting headcount additions through a targeted hiring freeze'

Focused approach to media targeting, using third-party verification tools among measures advertisers are adopting