Disney shifts focus to streaming content with reorganization of media and entertainment business
Under the restructuring, Disney creatives will focus on developing and producing original content for the company's streaming services including Disney+, Hulu, ESPN+, the upcoming Star and "legacy platforms," while distribution and commercialization activities will now be merged into a single global Media Entertainment and Distribution group.
Ewan McGregor’s Obi-Wan Kenobi series for Disney+ set to film in March
Ewan McGregor and Disney+ will get to work on the Obi-Wan Kenobi “Star Wars” series in five months.
Why Disney world is open but Disneyland is closed
California and Florida have adopted different approaches to reopening their economies during the pandemic, and Disney has been straddling alternative paths with diverging outcomes.
New Pixar movie 'Soul' skips theaters to stream on Christmas Day
Pixar's new film, "Soul," will be skipping theaters this holiday season and will premiere on Disney+ on Christmas Day instead.
Mobile app usage surged 25% in Q3 as coronavirus keeps people home
Mobile app usage grew 25% in the third quarter of 2020, according to a new report.
Disney cast member union says full-time employees to avoid layoffs; 8,800 part-time to face layoffs
According to the Service Trades Council Union, there are 21,627 full-time cast members and 3,877 part-time cast members that have currently been recalled to their jobs during Disney’s phased reopening. Meanwhile, 7,731 full-time and 9,106 part-time Cast members are currently on furlough status.
Disney new target of activist Dan Loeb over dividends, streaming
Disney CEO Bob Chapek may face off with activist investor Dan Loeb.
Disney's Bob Iger leaves California coronavirus task force as parks remain idle
His abrupt departure comes as Disneyland and Disney California Adventure in Anaheim sit idle while they wait for reopening guidelines from the state.
Stocks rally on Mnuchin-Pelosi stimulus hopes and record home sales
Strong home sales and jobs data helped ease investor concerns over the chaotic Trump-Biden debate.
Disney’s pay-equity class action lawsuit takes legal turn
The Walt Disney Co. has taken a hit in the pay-equity class-action lawsuit the House of Mouse was slapped with in 2019.
Disney to lay off 28,000 employees as COVID-19 continues to hammer its businesses
"As you can imagine, a decision of this magnitude is not easy," D'Amaro wrote in the letter to employees obtained by FOX Business. "For the last several months, our management team has worked tirelessly to avoid having to separate anyone from the company. We’ve cut expenses, suspended capital projects, furloughed our cast members while still paying benefits, and modified our operations to run as efficiently as possible, however, we simply cannot responsibly stay fully staffed while operating at such limited capacity."
Walt Disney Co. denies Evel Knievel infringement lawsuit claims, plans to 'vigorously' fight back in court
K&K Promotions claims a ‘Toy Story 4’ character ripped off the stuntman’s likeness.
Disney delays ‘Black Widow,’ Spielberg’s ‘West Side Story’
The Walt Disney Co. has further postponed its next mega-movies from Marvel, including “Black Widow,” while also postponing Steven Spielberg’s “West Side Story” a full year in the company’s latest recalibration due to the pandemic.
Walt Disney Co. sued by company claiming 'Toy Story 4' character ripped off Evel Knievel's likeness
The Walt Disney Company, Pixar and other Disney-related companies are being sued by a company claiming a “Toy Story 4” character copied the likeness of Evil Knievel.
Hong Kong Disneyland to reopen after coronavirus closure
Second time’s the charm, right?
Disney Parks chief asks California for help in re-opening
"The longer we wait, the more devastating the impact will be to the Orange County and Anaheim communities, and the tens of thousands of people who rely on us for employment," Chairman of Disney Parks, Experiences & Products Josh D'Amaro said. "We are ready, and more importantly, it's time."
The Force is strong with Lego's new Baby Yoda construction set
In addition to a 7.8 inch tall Baby Yoda, the $79.99 set includes an information plaque that shares more details on the beloved creature, as well as an additional mini-figure for twice the fun
Disney World reveals early December hours
Disney is preparing for the holiday season.
Morningstar Farms releasing Mickey Mouse-shaped, plant-based nuggets
You’ve heard of Mickey Mouse. But what about Mickey chik’n?