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Disney to lay off 7,000 workers in major restructuring

February 09, 2023

Walt Disney Co on Wednesday announced a sweeping corporate restructuring that will result in 7,000 people losing their jobs as part of an effort to achieve $5.5 billion in cost savings.

Florida lawmakers pass bill to revoke Disney's special status

May 01, 2022

Florida legislators passed a bill on Thursday (April 21) that would revoke Walt Disney Co's special tax status in a move widely seen as tit-for-tat for the company's opposition to a new state law limiting discussion of LGBTQ issues in schools.

Disneyland raises highest ticket price by 6.5% to $164 a day

TUESDAY, OCTOBER 26, 2021

Walt Disney Co. raised the price of a single admission to its California theme parks on the busiest days by 6.5% to $164, part of the companys shift to a system that ties admissions costs to demand.

Black Widow sets pandemic record in hopeful sign for theaters

SUNDAY, JULY 11, 2021

Walt Disney Co.s "Black Widow" scored the highest-grossing debut for a film since the onset of the pandemic, with revenue supercharged by a significant number of downloads from viewers at home.

Warren prods Disney CEO on buybacks, pay before 28,000 cuts

THURSDAY, OCTOBER 15, 2020

Sen. Elizabeth Warren criticized Walt Disney Co. for laying off thousands of workers as a result of the pandemic, saying its spending on share buybacks and executive pay enriched bosses and investors but eroded its ability to weather a downturn.

Disney throws down gauntlet in war on Netflix

SUNDAY, APRIL 14, 2019

Washington - The battle is on. Walt Disney Co. is bringing its biggest weapons to a new streaming service, including "Star Wars" and Marvel superheroes, in what is expected to be bruising war with Netflix and others for television dominance.

Natural fawn killer: US judge sentences poacher to "Bambi" viewings

TUESDAY, DECEMBER 18, 2018

Chicago - A judge in Missouri has sentenced a prolific poacher to repeat screenings of "Bambi," the Walt Disney classic weepy about a fawn whose mother is slain by a hunter.

Disney names Mahesh Samat executive VP for consumer products commercialisation, Asia-Pacific

MONDAY, NOVEMBER 26, 2018

The Walt Disney Company on Monday announced the appointment of Mahesh Samat as executive vice president, Disney Consumer Products Commercialisation for the Asia-Pacific.

Disney clears hurdle for Fox tie-up with US regulator approval

THURSDAY, JUNE 28, 2018

Walt Disney's proposed mega-deal with 21st Century Fox moved a step closer to reality Wednesday as US regulators conditionally cleared the tie-up which could reshape the media-entertainment landscape.

Going wild for animation

WEDNESDAY, AUGUST 23, 2017

One of the leading video on demand providers, iflix offers subscribers unlimited access to thousands of TV shows and movies and is now all set to delight younger viewers and animation fans with its Channels feature, which will provide access to some of Walt Disney Company’s popular content.

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