Disney will release its fiscal second-quarter earnings before the market opens on Wednesday, marking the first report under new CEO Josh D'Amaro who took over in March. Analysts expect earnings per share of $1.49 and revenue of $24.78 billion. The report is closely watched as Disney navigates challenges in its streaming business amid industry consolidation and ongoing shifts from traditional TV, while its theme parks remain a key profit driver despite international visitation headwinds and geopolitical tensions impacting costs. Investors will look for insights on how D'Amaro's leadership and theme park expertise influence the broader business and streaming strategy.
InterDigital secured a pan-European injunction from the Unified Patent Court against Disney for infringing its patent on HEVC video encoding technology. The injunction covers 11 EU countries including France, Germany, and Italy, and confirms the pate...
Disney laid off several hundred employees across divisions including Pixar, Disney Entertainment Television, Disney Studios, and ESPN. Pixar's Emeryville headquarters saw at least 116 layoffs despite 'Toy Story 5' grossing about $962 million globally...
Disney announced hundreds of layoffs across its entertainment divisions, including about 116 jobs cut at Pixar's Emeryville studio. These cuts come despite the strong box office debut of Toy Story 5, reflecting a strategic shift to manage resources a...
