Disney is going on a diet — but Hulu is still on the menu. Disney CEO Bob Iger and chief financial officer Christine McCarthy delivered a clear message on Wednesday to Wall Street and Hollywood during Disney’s quarterly earnings call. Disney will cut the overall volume of content produced for…
Bob Iger
In a months-long goal to reach 7,000 job cuts total, Disney will begin its second round of layoffs of the year today. The notifications will be handed out to staff through Thursday, concluding with approximately 4,000 job eliminations completed overall by week’s end, according to company officials. While the Disney…
Between the streaming wars and the pandemic, it’s been a topsy-turvy few years for Hollywood’s major studios. Many aspects of the TV business have been turned inside-out by the subscription video-on-demand revolution. But now, as entertainment’s largest conglomerates face a perfect storm of financial pressures and macroeconomic uncertainty, there’s…
Funko, less than a year after acquiring high-end collectibles brand Mondo, has wound down Mondo’s current movie-poster business and let go several employees — including Mondo co-founders Mitch Putnam and Rob Jones, Variety has confirmed. Mondo, based in Austin, Texas, was founded in 2004 and was previously a subsidiary of…
At this year’s Academy Awards, Victoria Alonso was overwhelmed. The veteran Marvel Studios executive and producer of the nominated film “Argentina, 1985” was stopped on the red carpet, posing for photographers assigned to capture top executives on Hollywood’s big night. But something shocked her. “Look at this! Two women!”…
Lyrics from “Zip-a-Dee-Doo-Dah” have been quietly removed from the set list of Disneyland’s Magic Happens parade. The melody originates from the 1946 feature “Song of the South,” which has been criticized for featuring racist imagery and themes. Disneyland officials confirmed to the Los Angeles Times that a lyric from the…
FX chief John Landgraf and ABC programming head Simran Sethi will expand their duties under an executive shuffle at Disney’s TV operations, one of the first big moves under Dana Walden, who was assigned responsibility for the company’s TV networks after Bob Iger returned as Disney’s CEO. Landgraf will take…
Rebel Wilson is engaged to Ramona Agruma.
Disney is stepping up consumer marketing for its year-long 100th anniversary celebration by unveiling a 90-second commercial during the Super Bowl that highlights the company’s centennial milestone. The spot features a range of images from Disney old and new, from “Steamboat Willie”-era Mickey Mouse to the Na’vi characters from “Avatar”…