Pixar will lay off about 175 employees, or around 14% of the studio’s workforce. Disney’s Pixar Animation Studios will be cutting 14% of its workforce, multiple ...
Media & Entertainment
Star Entertainment Group Ltd. share price jumped after it was approached by suitors for purchase which included Hard Rock Hotels & Resorts consortium. The approa...
Walt Disney has cut its spending in programming for traditional TV pretty dramatically as part of its strategy to maximize audiences and profit in the streaming tel...
Disney and Comcast have still not resolved the issue with a valuation of Hulu. As per the deal Disney is obligated to buy out Comcast’s stake in Hulu. While Disney...
On Sunday evening, Kim Godwin, the embattled president of ABC News, abruptly announced that she will be step exit the network. This is the end of a tumultuous three...
Paramount Global on Monday announced that Robert Bakish is stepping down as CEO of the film, television and multimedia company. Bakish climbed the corporate ladder a...
In an unpredicted move on Thursday, Netflix said that it no longer report quarterly subscriber numbers and average revenue per membership starting in the first quart...
FuboTV, a sports-focused live streaming platform, has filed a $1 billion lawsuit against media giants, namely, The Walt Disney Company, Fox Corp., Warner Bros. Disco...
As soon as the Japanese tech giant Sony cut its sales forecast for its flagship PlayStation 5 console for the fiscal year, around $10 billion of its stock value was ...
