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 patent's validity. This is the second UPC injunction against Disney related to HEVC encoding, with other injunctions issued in Germany and Brazil for related video tech infringements. InterDigital emphasizes its commitment to fair returns on its patented innovations as Disney uses these technologies in streaming services.
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...
Fox One, the streaming service with exclusive English rights to the World Cup, added a record 2.8 million new subscribers in June, driven by the tournament's first month. The opening day alone brought 400,000 sign-ups, with 93% being new subscribers....
Disney is set to report its fiscal Q3 results on August 5, with UBS forecasting revenue of $25.4 billion and earnings per share of $1.91, up 18% year-over-year. Growth is expected from the Experiences segment and streaming business, while Sports inco...
