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Disney Shuts Down Metaverse Unit as Part of First Wave of Layoffs
As part of a companywide cost-cutting effort, Disney has axed its cross-divisional Next Generation Storytelling & Consumer Experiences...
FX Entertainment Names Eric Schrier President of Disney TV Studios & Business Ops, Bryan Noon Exits
Eric Schrier (Courtesy of Disney General Entertainment Content) FX Entertainment president Eric Schrier has been promoted to the newly...
Disney+ Won’t Take Ads for Alcohol, Politics to Keep Venue Family Friendly
Courtesy of Disney Not every marketer is likely to get its commercials on a new ad-supported version of Disney+. The popular streaming...
Disney Releasing ‘Eternals,’ ‘Encanto’ Exclusively in Theaters
Courtesy of Marvel Disney announced on Friday that upcoming 2021 films “Eternals,” “The Last Duel,” “West Side Story,” “Ron’s Gone Wrong”...
Hulu Hiking Prices of On-Demand Plans by $1 per Month
Disney is raising prices on Hulu’s baseline video-on-demand streaming packages next month, as the Mouse House seeks to push customers...
Disney Plus Tops Expectations, Reaches 116 Million Subscribers
Hulu swings to its first profit in the most recent quarter on advertising, subscription revenue growth Tom Hiddleston and Sophia Di...
California Theme Parks, Stadiums Can Reopen With Limited Capacity on April 1
Courtesy of Michael Buckner for Variety Disneyland, Universal Studios and other theme parks in California — as well as sports stadiums —...
Disney Earnings Beat Expectations Thanks to Streaming Growth
Courtesy of Michael Buckner for Variety Coronavirus took a chunk out of the Walt Disney Company’s profits during its most recent...
Disney Lays Out Multi-Billion Dollar Plan to Dominate the Streaming Wars
Bob Chapek (Courtesy of Disney) Part razzle dazzle, part corporate flex, the Walt Disney Company’s four hour-long investor day...
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