Plans to cut thousands of jobs,
impacting about 15% of its workforce.
.
'Bloomberg' reports that sources familiar with
the plan say that the cuts will span Disney's
TV, film, theme park and corporate teams.
'Bloomberg' reports that sources familiar with
the plan say that the cuts will span Disney's
TV, film, theme park and corporate teams.
According to the unnamed sources, affected
employees will be notified as soon as April 24.
'Bloomberg' reports that amid a broader decline
in stocks, shares in Disney were down 0.6%
at $100.35 in pre-market trading on April 18.
In February, the company announced plans to
eliminate 7,000 of its over 220,000 employees.
According to Disney, the cuts are part
of the company's overall strategy to
reduce annual costs by $5.5 billion.
According to Disney, the cuts are part
of the company's overall strategy to
reduce annual costs by $5.5 billion.
In November, former Disney CEO Bob Iger returned to
helm the company after a $1.47 billion quarterly loss
led to the ousting of his successor, Bob Chapek.
.
In November, former Disney CEO Bob Iger returned to
helm the company after a $1.47 billion quarterly loss
led to the ousting of his successor, Bob Chapek.
.
Part of Disney CEO Bob Iger's return
has included restructuring and restoring
authority to creative executives.
Iger has also elevated key lieutenants, including the
co-chairman of Disney Entertainment, Dana Walden.
Iger has also elevated key lieutenants, including the
co-chairman of Disney Entertainment, Dana Walden.
'Bloomberg' reports that Disney has looked to cut its
commitment to general entertainment while it
focuses on franchises and recognized brands.
'Bloomberg' reports that Disney has looked to cut its
commitment to general entertainment while it
focuses on franchises and recognized brands
A woman who played Snow White for a job claims she was canned by the Mouse House for ruining the magic on social media ... which has led to some confusion among.. TMZ.com
2024 Rock & Roll Hall of Fame Inductees , Are Announced.
2024 Rock & Roll Hall of Fame Inductees , Are Announced.
This year's honorees are
Mary J. Blige, Cher, Dave Matthews Band.
This year's honorees are
Mary J. Blige, Cher, Dave Matthews Band.
This year's honorees are
Mary J. Blige, Cher, Dave Matthews Band.
Foreigner, Peter Frampton, Kool & The Gang.
Foreigner, Peter Frampton, Kool & The Gang.
Foreigner, Peter Frampton, Kool & The Gang.
Ozzy Osbourne and
A Tribe Called Quest, NPR reports. .
Ozzy Osbourne and
A Tribe Called Quest, NPR reports. .
John Sykes, chairman of the Rock & Roll
Hall of Fame Foundation, issued a
statement about this year's inductees.
Rock & Roll is an ever-evolving
amalgam of sounds that impacts
culture and moves generations, John Sykes, chairman of the Rock & Roll Hall of Fame Foundation, via NPR.
This diverse group of inductees
each broke down musical barriers
and influenced countless artists
that followed in their footsteps, John Sykes, chairman of the Rock & Roll Hall of Fame Foundation, via NPR.
Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton.
Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton.
Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Ahmet Ertegun Award, which honors those
who don't perform music but have made an impact
in the industry, will go to Suzanne de Passe.
The induction ceremony will take place on Oct. 19 and will stream live on Disney+.
It will be available to view on Hulu the following
day and will also air on ABC at a later date.
It will be available to view on Hulu the following
day and will also air on ABC at a later date
Credit: Wibbitz Top Stories Duration: 01:30Published
Bill Maher has no kids, but he was all about them Friday night as he RAILED on Hollywood and others for putting them at risk. The 'Real Time' host began with.. TMZ.com
Barry Keoghan and Sabrina Carpenter took their budding romance to the Happiest Place on Earth -- hitting up Disneyland's sister park, where the cool kids go... TMZ.com
Disney to Ban Visitors , Who Lie About Disabilities.
The Walt Disney Company says that there has
been an uptick in fraudulent disability claims at
its parks from people attempting to gain Disability Access Services (DAS), 'New York Post' reports. .
On April 15, the company said that anyone found to have lied about a disability to obtain these services will be banned from Disney parks permanently. .
If it is determined that any of the
statements a Guest made in the
process of obtaining DAS are not true,
the Guest will be permanently barred
from entering the Walt Disney World
Resort and the Disneyland Resort, The Walt Disney Company, via statement.
Any previously purchased Annual
Passes, Magic Key passes, tickets and
other park products and services...
will be forfeited and not refunded, The Walt Disney Company, via statement.
DAS allows people with disabilities
to skip waiting in lines.
The company's website previously indicated
that the service was for βguests who have
difficulty tolerating extended waits in a
conventional queue environment due to a disability.β.
The website has since been updated to read, , βDAS is intended to accommodate a small
percentage of Guests who, due to a developmental disability like autism or similar, are unable to wait in a conventional queue for an extended period or time.β.
At Walt Disney World, βin-person registration will no longer be available at theme park Guest Relations locations starting May 20, 2024,β Disney said.
Instead, DAS registrations will
take place via virtual video chat. .
However, at Disneyland, guests can
apply for DAS via either virtual chat or an
"accessibility services" window beginning June 18. .
Anyone who currently has DAS will be required to re-apply, 'New York Post' reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
Bob Iger is pushing back on the idea that there's superhero fatigue. The Disney CEO was interviewed at a Morgan Stanley conference in San Francisco on Tuesday, where he was pressed about what he is doing to turn the film business around. The executive noted that they're doing a lot and even quietly cancelled certain projects. "...You got to make those tough calls. We've actually made those tough calls. We've not been that public about it, but we've killed a few projects already that we just didn't feel were strong enough."
Credit: The Hollywood Reporter Duration: 01:32Published
Vivek Ramaswamy won't be Donald Trump's running mate, per Bloomberg. Trump aims to include him in his administration despite this decision. Ramaswamy withdrew from the presidential race after Iowa. He endorsed Trump and suspended his campaign. Trump has several potential vice presidential candidates, including Tim Scott and Ron DeSantis.
#VivekRamaswamy #DonaldTrump #Trump2024 #RamaswamyTrump #RonDesantis #Trump #Truthsocial #VicePresident #Worldnews #USelections #IndiaNews #Oneindia #Oneindianews
~HT.178~GR.123~PR.152~ED.103~
In a stunning turn of events, Tesla CEO Elon Musk has been dethroned as the world's richest person, with Amazon founder Jeff Bezos reclaiming the top spot. Join us as we delve into this dramatic shift in the billionaire rankings.
#ElonMusk #WorldsRichestPerson #JeffBezos #BloombergReport #BloombaergBillionaireIndex #ElonMuskvsJeffBezos #FinancialNews
~HT.99~PR.274~
Disney Files Lawsuit , Accusing DeSantis , of Weaponizing Government Power.
On April 26, Walt Disney Co. filed a lawsuit
against Florida Governor Ron DeSantis. .
On April 26, Walt Disney Co. filed a..
Credit: Wibbitz Top Stories Duration: 01:31Published
Alvin Bragg's lawsuit trying to stop his testimony goes up in flames. In another get woke go broke example, Disney will cut thousands of jobs in massive second wave of layoffs on the same day..
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