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Bob Chapek Talks Disney Streaming Profits: “Our Investors Expect Us to Have a Return on That” Bob Chapek is pivoting toward profitability, even as he continues to prepare The Walt Disney Co. for an uncertain digital future. With shares in the company falling on Wednesday after it missed Wall Street estimates (but added more Disney+…
Shanghai Disneyland Locked Down Again Over COVID, With Guests Trapped Inside The Walt Disney Co.’s flagship Shanghai Disney Resort abruptly closed its doors on Monday in response to China’s strict COVID-19 prevention measures, with all guests at the time of the announcement required to stay inside the park until they could present a negative test…
“#Disney+ adds a stronger warning ahead of films with racist stereotypes” Credit: Walt Disney Pictures Disney has quietly introduced a new disclaimer to some of its films. When you start watching these films, you’ll be treated to an unskippable content warning, informing you that the film will contain “negative depictions” of certain people and cultures….
“#Disney Primary Focus Shifts to Streaming Amid Big Reorganization – /Film” A new press release contains a potentially intriguing roadmap for The Walt Disney Company’s future. Today, Disney announced a reorganization within the company – mostly boring stuff about who reports to whom. But amid all of the financial buzzwords and internal mumbo jumbo about…
“#Upcoming Disney Layoffs to Include 28,000 Cast Members in U.S. – /Film” The coronavirus pandemic, which sadly does not appear to be ending any time soon, has inspired a new wave of layoffs at The Walt Disney Company, the time affecting approximately 28,000 cast members in the Parks, Experiences and Products sectors of the company….