Walt Disney Co
Pixar is laying off 14% of its workforce as Disney scales back content
A bicyclist rides past the entrance to the Pixar Animation Studios headquarters in Emeryville, California, U.S. Bloomberg | Getty Images Long-expected layoffs are hitting Pixar Animation Studios on Tuesday. Pixar will lay off about 175 employees, or around 14% of the studio’s workforce, a spokesperson for parent company Walt Disney told CNBC. The cuts come […]
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Media giants lean on sports as Hollywood strikes still loom over content slates
Brock Purdy #13 of the San Francisco 49ers prepares to take a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on February 11, 2024 in Las Vegas, Nevada. Michael Reaves | Getty Images Media giants relied on sports last year when they had to woo advertisers […]
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International Disney parks target U.S. customers with American influencers and bloggers
Disney World has become a repeat vacation spot and second home for a group of adults who love Disney. Now the company appears to be trying to replicate that magic at its international properties, using American influencers and bloggers to draw U.S. fans to Disney theme parks in China and Japan. The professional content creators are some […]
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The NBA is picking its next TV partners — and a deal hinges on Warner Bros. Discovery’s next move
NBA Commissioner Adam Silver speaks to the media during a press conference as part of the 2022 All-Star Weekend at Rocket Mortgage Fieldhouse on February 19, 2022 in Cleveland, Ohio. Jason Miller | Getty Images Whether it’s two people in a marriage or a company and a sports league, it’s not easy to break up […]
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Amazon’s visual appearance at Upfronts highlights thrust outside of digital adverts and into regular media
Rafael Henrique | Lightrocket | Getty Photographs Amazon has come to be a expanding menace to electronic ad incumbents Meta and Google, attracting billions of pounds a quarter from brand names that are making an attempt to attain the masses of shoppers who swarm to the website on a daily foundation. But it is no […]
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Disney+ will stream Caitlin Clark’s WNBA debut in the platform’s first live sports event
Indiana Fever guard Caitlin Clark (22) drives to the basket against Atlanta Dream guard Destanni Henderson (33) during a WNBA preseason game on May 9, 2024, at Gainbridge Fieldhouse in Indianapolis, Indiana. Brian Spurlock | Icon Sportswire | Getty Images The WNBA regular season opens Tuesday night with breakout star Caitlin Clark making her debut […]
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Comcast offers subscribers Peacock, Netflix and Apple TV+ bundle
Omar Marques | Lightrocket | Getty Images Comcast said Tuesday it will introduce a streaming bundle for its cable, broadband and mobile subscribers, tying together Peacock, Netflix and Apple TV+ at a discounted rate. The announcement, made Tuesday at the MoffettNathanson media conference in New York, comes as major media players increasingly join forces to […]
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Media companies look to woo advertisers as spending shifts to digital
Kevin Mazur | Getty Images Entertainment | Getty Images Media giants are making their annual pitches to advertisers this week against the backdrop of significant disruption in the industry. The Hollywood writers and actors strikes are over, meaning Upfronts will likely be star-studded once again, major cost cutting is largely in the rear view mirror […]
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From Mike Tyson-Jake Paul battle to NFL games, Netflix desire in stay sports activities is climbing
Boxers Jake Paul (L), and Mike Tyson (R). Getty Visuals Sport | Getty Photos In the aggressive world of live sports activities streaming, Netflix is using a different move into the arena. In July, the media huge will broadcast a boxing match between legendary fighter Mike Tyson and social media persona-turned-boxer Jake Paul, who is […]
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Warner Bros. Discovery misses first-quarter estimates despite streaming growth
In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Warner Bros. Discovery reported first-quarter results on Thursday, missing analyst expectations on both the top and bottom lines. Here is how Warner Bros. Discovery performed, compared with estimates from analysts […]
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