Nov 27, 2020 10:16 PM IST
The announcement by the company was made in a U.S. Securities and Exchange Commission filing earlier this week, saying 32,000 employees will be terminated in the first half of fiscal year 2021, which began last month.
- Nov 24, 2020 12:11 PM IST
Ahuja, who had previously served as the chief financial officer of the Fox Network Group, joined Walt Disney in April 2019.
- Oct 08, 2020 10:32 AM IST
Uday Shankar will remain with Disney’s direct-to-consumer and international segment until the end of 2020 to find his successor and ensure a smooth transition.
- May 28, 2020 04:28 PM IST
Walt Disney Co plans to reopen the world's largest theme park, Walt Disney World, in phases beginning on July 11, if the governor of Florida approves.
- Apr 13, 2020 06:45 PM IST
Disney World’s theme parks, entertainment district and hotels closed in mid-March, and Disney has been paying its workers while they stay at home.
- Feb 26, 2020 09:05 AM IST
In Chapek's new role, which is effective immediately, the company said he will directly oversee all of Disney's business segments and corporate functions
- May 15, 2019 12:10 PM IST
Hulu, which competes with Netflix and Amazon.com's Prime Video, has more than 26.8 million paid subscribers.
- May 31, 2018 02:02 PM IST
Rupert Murdoch’s fascination with news business has been well-documented and the only stumbling block has been the FDI rules
- May 16, 2018 10:16 PM IST
Fox agreed last year to sell the bulk of its film and TV assets to Walt Disney in a $52.4 billion deal.
- May 17, 2016 11:48 AM IST
In his lawsuit, Leo Perrero alleged that Disney, his former employer, and HCL colluded with each other when telling the Department of Labour that the hiring of foreigners on visas would not adversely affect the working conditions of US workers.
- May 12, 2016 07:57 AM IST
Indicating a subdued start, SGX Nifty, at the time of writing, was trading at 7846.50 down 26.00 points.
- Oct 03, 2015 01:45 PM IST
Bell, who was Boeing's CFO from 2003 to 2012, is on the board of several other companies, including JP Morgan Chase & Company and Dow Chemical Company.
- Jun 12, 2015 12:34 PM IST
The US government has opened an investigation against two of the biggest Indian outsourcing companies for possible violations of H1-B visa rules, according to a media report.
- Apr 16, 2015 11:47 AM IST
The study, which is an analysis of CEO salaries at the 100 largest public US companies as measured by revenue, puts Microsoft's Indian-origin chief Satya Nadella on the top with a pay package of USD 84.3 million (Rs 525 crore) a year.
- Sep 12, 2014 08:41 AM IST
If Facebook succeeds with its video push, it could undercut YouTube's dominance of the online video ad market, the Journal added, citing eMarketer estimates.
- Dec 24, 2013 10:44 AM IST
Walt Disney has named Jack Dorsey, co-founder of Twitter and chief executive of payments startup Square Inc, as an independent board member.
- Jul 13, 2013 08:21 PM IST
Walt Disney Co's Lucasfilm Ltd and Pixar units have settled a lawsuit accusing them and other technology companies of conspiring not to poach each others' employees, resolving their part in a case that involves some of Silicon Valley's biggest names.
- May 08, 2013 08:37 AM IST
Media giant Walt Disney Co reported a 32 percent increase in profit that beat Wall Street expectations, boosted by higher spending and attendance at US theme parks, and the movie box office success of "Oz the Great and Powerful."
- Apr 29, 2013 05:31 PM IST
Asia appears to be in a sweet spot: it is home to some of the world`s largest economies, has a stable growth outlook, a burgeoning middle class and many cities where low taxes and fewer regulations make it easy to do business.
- Apr 05, 2013 09:14 AM IST
Walt Disney Co expects to begin layoffs at its studio and consumer product divisions within the next two weeks, according to two people with knowledge of the matter, in the latest cost-reduction step to emerge from a company-wide review.
- Feb 26, 2013 03:45 PM IST
The 85th Academy Awards wait in the wings. Take a sneak peak at some interesting trivia.
- Feb 02, 2013 08:45 AM IST
Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights.
- Feb 01, 2013 08:25 AM IST
Coca-Cola Co held what it called a "productive conversation" with an Arab-American group that labeled the firm's Super Bowl ad racist, but will not change the commercial featuring an Arab walking through a desert with a camel.
- Oct 31, 2012 07:32 AM IST
For years, it seemed like another "Star Wars" movie was just a dream, stillborn in a galaxy far, far away.
- Oct 14, 2012 11:50 PM IST
Following are the top 10 movies at North American box offices for the weekend starting Oct 12, led by "Taken 2" at No. 1, according to studio estimates compiled by Reuters.