7000-person layoffs are a shocking enough sentiment on their own. But it seems that the Walt Disney Company is taking this task to heart as, in the latest news, the Mouse House is reportedly eliminating an entire division of the company under the initiative. Since the layoffs were first announced during the February 8 earnings call, this news has taken ...

As the Walt Disney Company turns 100 this year, a new report predicts its success will hinge on its play within the metaverse. The Walt Disney Company has had a rough few years. With the pandemic causing the world, and Disney Parks to shut their doors and consequently reopen to a host of issues, it hasn’t been the smoothest of ...

Well, it appears that Bob Chapek’s dreams of a vacation-based metaverse are coming to fruition. The only problem is that it is not being done by Disney. Disney Cruise Line competitor Celebrity Cruises has taken the first steps into the metaverse by making their newest ship, the Celebrity Beyond, available to experience virtually through the metaverse. Offering aspects of the ...

At the time of this article’s publication, it is still necessary to physically be inside a Disney Theme Park in order to get the baseline Disney Theme Park experience. But it looks like Disney’s CEO, Bob Chapek, wants to stop that in the near future via his “Next-Generation Storytelling” initiative. Since its inception, and, really, since the adoption of the ...