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Tag Archives: Metaverse

Chapek-Era Division Eliminated: Disney Begins Mass Layoffs

disney metaverse division cuts

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 ...

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Report Predicts Disney Will Venture Into the Metaverse

walt disney company metaverse

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 ...

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Chapek Avoids the ‘M Word’ in Disney’s Plans

chapek metaverse

The Walt Disney Company is typically known for being innovative, but the current Walt Disney Company CEO, Bob Chapek, is apparently trying to avoid acknowledging one element of the company’s futuristic plans — particularly something called the metaverse. In a recent interview with Deadline, CEO Bob Chapek said the following: “We call it next-gen storytelling. We tend not to use the ...

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Bob Iger on Disney’s ‘Huge Challenge’ with the Metaverse

Bob Iger

Everyone seems to keep talking about “the Metaverse,” and that includes Bob Iger. The Walt Disney Company’s former CEO and now former Chairman spoke with Business Insider and explained that behavior moderation is going to be one of the critical problems that will need to be solved. “I think something Disney is going to have to consider as it talks ...

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