April 24, 2020
Walt Disney Co. is based in Burbank.
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Burbank-based entertainment giant Walt Disney Co. has struck a multi-year licensing deal with Sony Entertainment Inc.
Walt Disney Co. is upping the cost of its hit streaming service starting March 26.
Walt Disney Co.’s streaming platform, Disney Plus, has reached 100 million subscribers globally, the Burbank-based entertainment giant announced at its annual shareholders meeting on March 9.
Production companies, talent agencies also turn to downsizing
Walt Disney Co.’s recent announcement that it will stop paying more than 100,000 employees represents the latest blow to entertainment industry workers in a continuing wave of cuts, furloughs and layoffs spawned by the Covid-19 crisis.
Walt Disney Co. is set to lay off 130 more employees in the wake of its purchase of Fox assets.
Supersized Disney posts $99 billion gain to boost LA market cap
Walt Disney Co. posted a $99 billion gain, boosting the region’s overall market capitalization.