Is Disney World really operating at 25% capacity?
With the state recently loosening restrictions for theme park operators, is Disney World really operating at 25% of its capacity? There are some good reasons to take Disney on its word.
Sen. Warren slams Disney for layoffs, executives' salaries
Sen. Elizabeth Warren slammed Walt Disney Co's move to lay off 28,000 workers while making shareholder payouts in the years leading up to the COVID-19 pandemic, demanding more information from company executives on the measures.
Theater chain AMC says it could run out of cash by year-end
At AMC's current cash-burn rate, reserves would be depleted by the end of this year or early next year, Kansas-based AMC said.
Stocks slip as Eli Lilly halts COVID-19 trials, banks cautious on recovery
U.S. banks are in good shape depsite the COVID-19 pandemic.
Gov. Newsom sending a team to Disney World for theme park reopening feedback
“I have a whole team that spends their time not only getting the answer to that question, but asking those same questions,” Newsom said during the news conference. “And so this week, as a proof point of that, we have supported an effort to actually find out directly by sending our own team to these sites, as relates to theme parks, to get a better sense of what’s going on. While we absolutely take people’s word for information that they provide us, we want to see things for ourselves.”
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.


















