Tag: The Walt Disney Company
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The Border Patrol: MRN Still Doing Great Job Even As F1 Gains on NASCAR
“We had it on the air yesterday, and NASCAR has maybe fallen in popularity in many places, but that was a nice crowd out there yesterday.”
Several ABC News Executives Laid Off During Disney Cuts
“While these actions are never easy, they are a necessary step to ensure we’re on solid footing for the years ahead as we chart a sustainable, growth-oriented path forward for the entire organization.”
Disney to Begin Layoffs This Week
“Leaders will be communicating the news directly to the first group of impacted employees over the next four days."
Disney to Begin Mass Layoffs This Week
A cost-cutting endeavor of $5.5 billion by the company is the driving force behind the decision.
Bob Iger Open to Selling Disney’s Stake in Hulu
“Everything is on the table right now, so I am not going to speculate whether we are a buyer or a seller of it."
Jimmy Pitaro Earns New Title After Disney Restructuring
Pitaro will oversee all "sports content, products and experiences across all of Disney’s platforms worldwide, including its international sports channels".
Disney Planning Mass Layoffs
Bob Iger has stated that the job cuts are part of a broader plan to make Disney's streaming business profitable and save $5.5 billion in costs.
Bill O’Reilly: The Walt Disney Company is a Mess
Author and syndicated radio personality Bill O’Reilly discussed Disney’s future on his “No Spin News” podcast as changes have come to the company.
Disney Investor Backs Off Push For ESPN Sale
During a Twitter thread Sunday, Loeb said he now "has a better understanding of ESPN's potential as a standalone business and another vertical for Disney to reach a global audience to generate ad and subscriber revenues".