Disney to Lay Off 7,000 Employees in Cost-Cutting Effort: Memo
Disney is set to lay off roughly 7,000 employees across three rounds before the summer starts, as part of a broader effort to reduce corporate spending and boost free cash flow, according to a memo from CEO Bob Iger obtained by CNBC. The layoffs, initially announced in February, will impact various divisions within Disney, including...
Disney Canada Partnering With Xbox Canada on Custom Mandalorian Console Giveaway
Disney Canada and Xbox Canada are giving away a custom Xbox bundle inspired by The Mandalorian.
Apple and Amazon Express Interest in Purchasing NBA Streaming Rights
NBC is supposedly interested in gaining the broadcast rights of the NBA once again. Though, Apple and Amazon are also eager parties.
Disney Channel, Disney Junior, and Disney XD Content is Now Available on STACKTV
Starting today, STACKTV is adding an array of content across Disney Channel, Disney Junior, and Disney XD.
Disney, Snapchat Release ‘Avatar’ Augmented Reality Lens
In celebration of the highly anticipated Avatar: The Way of the Water, Snapchat and Disney have created an AR Lens that turns any Snapchatter into a Na'vi.
Bob Iger Named CEO of Disney Once More as Bob Chapek Steps Down From Position
Bob Iger is returning to The Walt Disney Co. as CEO effective immediately as Bob Chapek is to step down from his position.
Disney+ Tops 164 Million Subscribers, Ad-Supported Tier Coming in December
The streaming service handily beat Wall Street estimates of 160.45 million total subscribers as it prepares to launch its cheaper, ad-supported plan
Disney Urges Ottawa to Update Definition of ‘Canadian’ Content Under Bill C-11
Some of Disney's productions currently don't qualify as "Canadian" despite being made in Canada, with a Canadian cast and crew, and telling a Canadian story.
Doctor Strange in the Multiverse of Madness Now Available to Stream on Disney+ in Canada
Doctor Strange in the Multiverse of Madness is now available to stream on Disney+.
Electronic Arts Reportedly Held Talks With Apple, Disney, and More for Potential Acquisition
Apple made more money from games in 2019 than Microsoft, Nintendo, Activision, and Sony combined, so it makes sense for EA to approach the iPhone maker.
Disney Details New Ad-Supported Tier For Disney+, Including Length of Ad Breaks Per Hour
Disney provided some new details on its ad-supported tier for Disney+.
More Disney+ Price Hikes Could Be Coming Still, Suggests CEO
Bob Chapek said Disney feels "bullish" about adjusting Disney+ pricing, and a cheaper, ad-support subscription plan is coming later this year.