Disney CEO Josh D’Amaro announced a plan to cut 1,000 jobs across multiple divisions including marketing, studios, television, ESPN, product, and technology. The layoffs aim to create a more agile, tech-enabled workforce to adapt to fast industry changes and intense competition from Amazon and YouTube in streaming. These cuts were planned before D’Amaro took over as CEO in February, following Bob Iger's return, who has overseen over 8,000 layoffs since 2022. Disney employed 231,000 people at the end of its 2025 fiscal year.
Disney has partnered with the NFL, Champion, and Fanatics to create a new apparel collection featuring all 32 NFL teams paired with popular Disney, Pixar, Star Wars, and Marvel characters. This initiative, part of Disney and ESPN's "Year of the Super...
The Federal Communications Commission (FCC) is set to rule that ABC's daytime talk show 'The View' is not a bona fide news program, which would subject it to federal equal-time rules requiring comparable airtime for political candidates. This move ch...
Capital Link has published its Q2 2026 Quarterly Shipping Insights report, featuring exclusive interviews with senior executives from major shipping sectors including Container, Dry Bulk, LNG, LPG, and Tankers. The 132-page report covers critical the...
Disney continues to leverage its strong intellectual property portfolio, with steady revenue growth and robust cash generation despite operational and debt challenges. The success of Toy Story 5, which earned $780 million at the box office, highlight...
