The Latest Breaking News from Bob Chapek

The first of Disney’s 7,000 job cuts have begun to happen. One of the decisions was to eliminate approximately 50 jobs from its metaverse-driven next-generation storytelling unit. The move makes abundant sense. Here’s why.

The ‘Next Generation Storytelling and Consumer Experiences’ division was one of the former Disney CEO’s pet projects

Companies are moving away from the nascent industry as regulators increasingly scrutinize crypto and the buzz around A.I. rises.

Walt Disney Co. this week begins its plan to cut 7,000 jobs as part of a wider effort to rejuvenate the Burbank entertainment giant's finances and reach profitability at its streaming business.

LOS ANGELES — An attorney representing former Marvel Studio executive Victoria Alonso, who was fired earlier this week from the Walt Disney Co.-owned superhero juggernaut, is firing back at reports that she was pushed out over an Oscar-nominated film she produced.

Entertainment giant Walt Disney (DIS) recently notched its 52-week low of $84.07. The stock is expected to be on a downward trajectory as the company grapples with higher streaming expenses, fears of declining consumers’ discretionary spending, and other macroeconomic headwinds. However, given DIS’ solid revenue growth in the first quarter…

Walt Disney Co. Chief Executive Bob Iger acknowledges his company goofed on some of its pricing strategies.

Media and entertainment giant Walt Disney (DIS) reported fiscal 2023 first-quarter financial results, beating on the top and bottom lines. However, amid the high cost of streaming, eroding consumers’ discretionary spending, and other macroeconomic challenges, the company’s near-term prospects look bleak. Let’s find out if investors should buy or sell…

His turnaround playbook helped rescue P&G and Heinz. Now the tenacious reformer wants Disney to tackle unprofitable brands, huge overhead, and do away with "matrix" management.

One of the keys to the success of The Walt Disney Company (NYSE: DIS) over the years may be its acquisition of Marvel Entertainment, which was announced in 2009

Amid a sudden change at the helm and challenged by losses in its streaming business, Disney (DIS) has a lot of near-term uncertainties to deal with. Let’s discuss why the stock might be best avoided now. Read on….