Disney and Warner Bros. partner to launch a mega streaming bundle, combining Disney+, Hulu, and Max services to attract subscribers amidst fierce competition.
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Disney and DeSantis Settle Legal Feud With $17 Billion Florida Resort Expansion
Disney has agreed to invest $17 billion in its Florida resort over the next decade or two under a new deal with a DeSantis-backed board, concluding a lengthy legal dispute.
Disneyland Replaces ‘Splash Mountain’ Attraction with ‘The Princess and the Frog’ Amid Racist Claims on ‘Song of the South’
Disneyland is set to open its new attraction called ‘Tiana’s Bayou Adventure,’ based on the animated film ‘The Princess and the Frog,’ in all of its theme parks later this year to replace a former ride which, according to its critics, contained racist themes.
Billionaire Nelson Peltz Sells Entire Disney Stake After Board Fight, Raking in $1 Billion
Billionaire activist investor Nelson Peltz has sold his entire stake in Walt Disney. Billionaire activist investor Nelson Peltz sold his entire stake in Walt Disney on Wednesday following a contentious boardroom dispute with the media giant, according to a person familiar with the matter.
Disney to Lay Off Nearly 175 Pixar Workers Following Box Office Disappointments and 'Woke' Controversy
Disney's Pixar has announced the layoff of 14% of its workforce, with President Jim Morris informing 175 employees of their termination following multiple box office failures and amid accusations that the company's parent has "gone woke."
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Disney is taking action against password sharing on its streaming platforms to boost profits, with plans for a global rollout by September, which aligns with Netflix's strategy that has led to increased subscribers.
Aaron LaBerge, the chief technology officer for Disney Entertainment and ESPN, is stepping down from his role at the company.
The affected individuals include lower-level production and development staff at Marvel Studios in Burbank, and employees in the Marvel Entertainment division in New York.
There have been claims circulating on social media in recent weeks regarding Disney's alleged acquisition of Jeffrey Epstein's island. However, the claims, despite gaining significant attention on platforms such as TikTok and X, are fake.
Disneyland Resort is implementing lifetime bans for guests caught lying about disabilities in order to access attractions. This is part of a broader policy overhaul amid a rise in fraudulent claims, effective May 20 in Florida and June 18 in California.
As streaming prices surge, Hollywood urges Congress to reintroduce failed anti-piracy law amid rising concerns about video piracy, proposing ISP site-blocking measures similar to SOPA despite past free speech objections and widespread protests.
Disney Reveals Theme Parks Make the Most Money, Plans to Invest $60 Billion to Make Them Even Better
As a top money-maker in its division, Disney vows to invest $60 billion in its theme parks to ensure continued success for the next decade, focusing on innovation and technological advancements.
Disney CEO Bob Iger labels the proxy battle with Nelson Peltz a "distraction," as they now move to select the next CEO while Peltz denies personal vendetta.
Walt Disney Co. triumphs as shareholders reject Nelson Peltz's bid for board seats, affirming confidence in CEO Bob Iger's leadership at the annual meeting.
