Photo: Disney Plus

Disney CEO Announces Layoffs, Fires 7,000 Employees

In another major layoff, Disney fired approximately 7,000 employees, on February 8. Disney CEO Bob Iger announced the mass layoff to cut costs, confirmed sources. The move was "necessary to address the challenges we're facing today," said Bob. Its current forecasts indicate Disney+ will hit profitability by the end of fiscal 2024. Moreover, Disney's direct-to-consumer division, which includes its streaming services, saw a 13% increase in… read-more

Thu, 09 Feb 2023 - 09:07 AM / by Varsha Joshi

Tags: layoff, Disney, employees, PROFIT, Financial Business

Disney Announces Avatar 4K HDR India Re-Release Date on September 23

Avatar is returning to theatres. On August 23, Disney announced that James Cameron's 2009 sci-fi epic, which has generated over $2.847 billion (approximately Rs. X crore) across many theatrical runs, will be re-released on September 23 in India, US, UK, and around the world. Disney has released a new poster for the 4K HDR re-release of Avatar.… read-more

Wed, 24 Aug 2022 - 02:43 PM / by Vidhi Jhunjhunwala

Tags: Avatar, Disney, Re-release, India, James Cameron

Courtesy: Gadgets 360

Johnny Depp

Photo: Geo.tv

Disney's Rumored USD 301 Million Offer To Johnny Depp 'Made Up': Depp's Rep

Johnny Depp has not been offered a USD 301 million apology contract by Disney. "This is made up," one of Depp's agents said of the rumored transaction. According to a report, Disney gave Depp the agreement along with an apology letter and a proposal to rejoin the "Pirates of the Caribbean" franchise. According to the source, Depp has rejected to join the franchise regardless of how rich the offer is. 

Wed, 29 Jun 2022 - 04:48 PM / by Vidhi Jhunjhunwala

Tags: Johnny Depp, Disney, Pirates of the Caribbean, apology letter, Hollywood

Courtesy: Free Press Journal


Photo: Disney Plus

Disney Halts All Business In Russia Amid Russia-Ukraine Invasion War

intensifying measures, Disney is now suspending its business in Russia amid the ongoing invasion of Ukraine. The decision came after it suspended theatrical releases in Russia. “Some of those business activities we can and will pause immediately. Other, such as linear channels and some content and product licensing will take time given contractual complexities,” stated a spokesperson. However, the staff of Disney based in Russia will not be… read-more

Fri, 11 Mar 2022 - 01:04 PM / by Shaloo Priya

Tags: World news, Disney, suspends, business, Russia

Courtesy: ANI News

The Walt Disney

Photo: The Business Standard

Walt Disney Pauses Theatrical Release Of Movies In Russia Amid Ukraine Invasion

Amid the Russia-Ukraine war, Hollywood Walt Disney is pausing the theatrical release of its movies in Russia. "Given the unprovoked invasion of Ukraine and the tragic humanitarian crisis, we are pausing the release of theatrical films in Russia," said the company's spokesperson. The Hollywood Reporter reported, Disney will also halt the release of 'Turning Red' from Pixar in the country. However, future business decisions will depend on the… read-more

Tue, 01 Mar 2022 - 10:49 AM / by Madhvi Jha

Tags: Entertainment, Disney, Russia, Hollywood studio, Ukraine

Courtesy: ANI

Will Ryan

Photo: The US Sun

Famous Disney Voice Actor Will Ryan Passes Away At 72

Voice of Disney characters such as Willie the Giant and Peg-Leg Pete, Will Ryan passed away at 72 on November 19 after a short battle against cancer. Ryan started his career by voicing for short animated projects such as Winnie the Pooh and Mickey's Christmas Carol. "The world is a little bright tonight with the passing of Will Ryan,'' said Nery Lemus, his talent agent. 

Sun, 21 Nov 2021 - 12:00 PM / by Nehal Surana

Tags: Disney, voice, Oscars, Death, Cancer

Courtesy: ANI

Ruthie Tompson

Photo: Variety.com

Disney Legend Ruthie Tompson Passes Away At 111

Ruthie Tompson, named a Disney Legend by the Walt Disney Studio, passed away at the age of 111 at her home in the US's California on October 10, according to variety.com. Tompson had joined the studio as a painter in its Ink and Paint Department and worked for nearly 40 years before retiring in 1975. She also worked as a final checker for the studio's many animated features.  

Thu, 14 Oct 2021 - 09:30 PM / by Brijesh Goswami

Tags: Disney, Disney Legend, Painter, California

Courtesy: LatestLY

Netflix and Disney+

Photo: Tangtip

Disney+ Receives More Subscription Than Netflix: Data

Online Streaming services saw a major increase in consumers during the lockdown. The competition level between streaming services for the top spot has increased as well. Disney+ along with its Indian counterpart Disney+Hotstar, surpassed Netflix in the "streaming wars", as it has brought in around 12.4 million new subscribers since last quarter, while Netflix only brought in one million.

Sun, 15 Aug 2021 - 10:41 AM / by Balaji L

Tags: Disney, Netflix, Online Streaming, OTT

Courtesy: CNBC

Selena Gomez

Photo: Glamour

''I Entered Disney At Young Age, No Idea What I Was Doing'': Selena Gomez

Commenting on her recent stint on "Wizards Of Waverly Place", singer Selena Gomez said, "I signed my life away to Disney at a young age and didn’t know what I was doing''. She further added that " I was just running around on set". The De Una Vez singer shot to stardom with her role Alex Russo on the Disney show airing from 2007 to 2012.

Sun, 08 Aug 2021 - 07:12 PM / by Aditi Chavan

Tags: selena gomez, Disney, Wizards of Waverly Place, Only Murders In The Building

Courtesy: WION

Emily blunt and Dwyane Johnson

Photo: 8 Days

Dwyane Johnson Shares His 'Jungle Cruise' Film Clip On Instagram

Expressing his excitement for his upcoming fantasy adventure "Jungle Cruise", actor Dwyane Johnson shared a video on Instagram of himself and his co-star Emily Blunt taking a Jungle Cruise ride before the film's World Premiere at the Disneyland resort in California. The video also showed Johnson and Blunt interacting with their fans. Jungle Cruise is scheduled to release in the US on the 30th of July 2021.

Thu, 29 Jul 2021 - 10:31 AM / by Balaji L

Tags: Dwayne Johnson, Emily Blunt, Disney, jungle cruise

Courtesy: The Indian Express