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.
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Disney investor Nelson Peltz has criticized the company for its "woke" approach, particularly questioning Marvel's "Black Panther" and "The Marvels" films.
“Marvel movies are more violent that any film that I have ever made,” director Mel Gibson said in a new interview to The Washington Post.
San Fransisco-based Kabam will lay off its workforce. The mobile game studio will focus on its most popular multiplayer games such as Marvel Contest of Champions and Star Wars: Uprising.
The newest Marvel superhero to reach the big screen does not have the rugged good looks of Iron Man, the muscular physique of Captain America or a cape and hammer like Thor.
Walt Disney Co's (DIS.N) board extended Chairman and Chief Executive Bob Iger's contract through June 2018, keeping him at the helm of the media and theme park company two years longer than he previously planned.
South Carolina-based 3D printing solutions provider 3D Systems bought California-based 3D modeling firm Gentle Giant Studios for an undisclosed amount just a month after announcing its intention to acquire Xerox Corp's engineering group.
Forbes' third highest paid actor for 2013, Hugh Jackman, earned his US$55 million primarily from the movie 'The Wolverine'.
The companies behind the movie 'The Wolverine' anticipated earning more than what they spent for the summer movie.
Walt Disney Co buys the right for four Viacom owned Marvel movies
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