Disney's Pixar has announced the layoff of 14% of its workforce, with President Jim Morris informing 175 employees of their termination following multiple box office failures and amid accusations that the company's parent has "gone woke."
Tags: Disney
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Pixar Animation Studios initiated layoffs affecting 14% of its workforce, approximately 175 employees, as part of a strategic shift away from original streaming series development following a period of expansion for Disney+.
The Actors' Equity Association announced that 1,700 Disneyland Resort cast members voted to unionize.
Disney and Warner Bros. partner to launch a mega streaming bundle, combining Disney+, Hulu, and Max services to attract subscribers amidst fierce competition.
Disney is taking action against password sharing on its streaming platforms to boost profits, with plans for a global rollout by September, which aligns with Netflix's strategy that has led to increased subscribers.
Aaron LaBerge, the chief technology officer for Disney Entertainment and ESPN, is stepping down from his role at the company.
The affected individuals include lower-level production and development staff at Marvel Studios in Burbank, and employees in the Marvel Entertainment division in New York.
There have been claims circulating on social media in recent weeks regarding Disney's alleged acquisition of Jeffrey Epstein's island. However, the claims, despite gaining significant attention on platforms such as TikTok and X, are fake.
Disneyland Resort is implementing lifetime bans for guests caught lying about disabilities in order to access attractions. This is part of a broader policy overhaul amid a rise in fraudulent claims, effective May 20 in Florida and June 18 in California.
As streaming prices surge, Hollywood urges Congress to reintroduce failed anti-piracy law amid rising concerns about video piracy, proposing ISP site-blocking measures similar to SOPA despite past free speech objections and widespread protests.
