Round Two of the bloodbath began today. What Disney CEO Bob Iger promised months ago has now come to fruition. The first round of layoffs at the Walt Disney Company started last month, and now, the second round of cuts began today, hitting Disney-owned ESPN the hardest. This week, the Disney Company is expected to lay off “several thousand” people ...

Another round of layoffs was released across multiple aspects of The Walt Disney Company this morning. Following the first round several weeks ago, this next wave is expected to terminate over “several thousands” of jobs between Monday, April 24, and Thursday, April 27, getting the company closer to Disney CEO Bob Iger’s 7,000 job-cut goal in an effort to reduce ...

Bob Chapek, the former CEO of Disney, left the company amidst controversy and with a significant severance package several months ago. Since then, Disney has experienced major transformations, including a reorganization of top-level executives and extensive layoffs that affected thousands of employees. The Walt Disney Company appears determined to bury the Chapek-era for good… but maybe not everything from the Chapek-era. ...

Being the man in charge of the world’s largest entertainment company is not easy. Disney CEO Bob Iger certainly has his hands full. After initially retiring in 2020, a few short months before the pandemic, the CEO was brought back in November 2022 to pull Disney out of its mess: a mess that many argued Mr. Iger himself created with ...

It’s been 100 days since Bob Iger took back the reigns as CEO of the Walt Disney Company. Having replaced his own successor, Bob Chapek, Iger dove right in and made some significant changes to all aspects of the Disney Company. But with only a two-year contract in place, Iger still has some critical issues to address. Iger’s first significant ...

While the Walt Disney Company has seen much reorganization in its present era under Iger’s leadership, Wells Fargo predicts even more changes in the coming year. The Mouse House has had a very interesting and eventful end to its year. The Walt Disney Company has seen a “clean up” of sorts, with Bob Chapek being ousted from his position as ...

In the newest series of developments with the Walt Disney Company, Bob Chapek is talking about finding ways to integrate betting into Disney. The Walt Disney Company is a media giant and is one of the biggest corporations in the world. Between owning Pixar, Marvel, Lucasfilm, or 20th Century Studios, streaming content on services like Disney+ or Hulu, and having such a significant ...

There are times when it is important to remember that The Walt Disney Company is more than just Theme Parks and a Hollywood engine. Now appears to be one of those times, and it appears that The Mouse House is happy to rely on its sports side for some positive news. Disney’s broadcasting subsidies ABC and ESPN will each be ...

After less than five years, The Walt Disney Company has officially surpassed streaming giant Netflix in the number of subscribers. The company announced during its third-quarter earnings call that it officially recorded over 221 million subscribers worldwide across its services, Disney+, Hulu, ESPN+, and Disney+ Hotstar, while Netflix recently reported 220.67 million subscribers after losing nearly 1 million subscribers over ...

It appears that the Walt Disney Company will be instituting a price hike on one of its streaming services just as annual demand for the platform is set to skyrocket. According to CNBC, Disney is increasing the price of its sports streaming service ESPN+ to $9.99 per month, a 43% increase. The previous price of ESPN+ had been $6.99 per month. ...