Investment in Women’s Soccer
In a move that doubles the value of the leading women’s sports franchise, Disney CEO Bob Iger and his wife, Willow Bay, are on the brink of a $250 million investment in Angel City FC. This development, initia...
The Secret Pact
In a recent revelation, Blackwells Capital has called into question the independence of ValueAct Capital's support for Disney's board. This scrutiny emerged following disclosures that ValueAct, a firm with a notable $12 billion under...
Disney's Bumpy Ride
After a short retirement, Bob Iger's comeback to Disney nine months ago was a relief for the company and shareholders. His return felt like a dependable "Dad" restoring order. With a t...
Disney's streaming woes continue
Disney's streaming service, Disney+, lost 4 million or 2% paid subscribers in Q2 FY23, ending the quarter with 157.8 million users.
The decline was mainly due t...
ESPN announces cost-cutting measures
ESPN has begun employee layoffs, targeting lower-tier roles. The network plans to continue the process through Wednesday, with further cuts expected as part of a restructuring plan. ...
Disney to cut jobs and costs internationally
According to inside and outside sources, Disney is expected to make redundancies and budget cuts soon, with plans currently being finalized.
Disney+ employs around 5,000 people globally, with 40% based i...
Staff cuts at Disney
The Walt Disney Company will reorganise into three divisions and cut 7,000 employees. The company's CEO, Robert Allen Iger, made the announcement on Wednesday during a conference call with investors, Bloomberg reported.
Accordi...
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