Streaming giant companies have come together to form a new trade group called the Streaming Innovation Alliance (SIA). This unity gives Netflix, Disney, Warner Bros., Discovery, Paramount, and other p...
In its fiscal third quarter, Disney encountered a mix of outcomes, as it grappled with ongoing issues in its streaming sector and substantial restructuring expenses linked to the removal of content fr...
Disneyland DIS and other parks in California have been closed for about a year due to coronavirus-related restrictions.The state has kept its health guidelines regarding theme parks strict as Californ...
In a Tuesday memo sent to employees, Disney said it will lay off 28,000 employees across its theme parks. This is as a result of prolonged closures at Disney’s California-based them parks and limite...
The Walt Disney Company (DIS) has also experienced its fair share of the coronavirus impact, with the closing of its theme parks and furloughing of its park workers in April to save money. Closing its...
Revenue: 18.01 billionEarnings per Share (EPS): 60 centsWalt Disney (DIS) has reported a loss of more than 90% in the second quarter, losing over $1 billion. The effect of the coronavirus pandemic is...