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Saturday, November 2, 2024
TopicDisney

Topic: Disney

Disney cuts 4,000 more jobs, workforce shrinks by over a tenth since Covid hit

The number of layoffs in the first half of 2021 went up to 32,000. Most of these job cuts were at Disney’s parks and experiences, which were forced shut due to the pandemic.

Disney+ is booming in India and could become its largest global market

The growth of Disney+, which launched a year ago, has far exceeded the expectations of both Wall Street and the company itself.

Disney slammed for shooting ‘Mulan’ in Xinjiang & thanking Chinese govt departments

Mulan, originally planned to release in March, is crucial to Disney’s recovery after the pandemic forced cinemas around the world to close or operate under tight restrictions.

Apple, Disney and other US firms are now pawns of China, says Attorney General Barr

Anthony Barr's statement in Michigan Thursday is part of a renewed effort by the Trump administration to attack China for Covid, that has killed almost 140,000 Americans.

How we watch and pay for entertainment will never be the same after Covid-19

The rise of Netflix and inspired copycat services has made studios and cable programmers shift some focus to streaming apps & away from theaters and traditional TV audiences.

Disney+ delays Indian debut after IPL postponement due to coronavirus

Walt Disney chairman Bob Iger had earlier announced that the Disney streaming service would be launched in India the same day IPL was set to start.

How Zee5 plans to win the Indian streaming battle against Netflix, Disney

Netflix & Disney are spending millions of dollars to grab viewers in India. But Zee5 has a plan to defend its turf and gain market share.

Netflix faces the heat as Disney+ & Apple TV+ step up competition

Its unlikely that Netflix subscribers will cancel in droves but the competition will curb its ability to raise prices & create a more volatile rate of churn.

Disney+ app outpaces rival streaming platforms in its first 2 months

Since its release in November, Disney+ app was downloaded 41 million times and generated almost $100 million in user spending — 4 times more than HBO Now app earned in the same time.

Why it’s time to break up the Disney empire

Disney is willing to lose money in order to generate market power that the company can later use, often against consumers.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.