Disney announced that its streaming service, Disney+, saw a reduction of more than 10 million subscribers during the last quarter, largely due to its performance in the Indian market.
At the end of the quarter, Disney+ had 146.1 million subscribers, in contrast to the 158 million registered during…
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Bob Iger
Disney announces the layoff of 7,000 employees
The US leisure and entertainment giant The Walt Disney Company has decided to cut 7,000 employees, representing 3.6 percent of its workforce, all in an effort to improve its profit margins.
This was announced this Wednesday by the…
Disney names Susan Arnold as first woman chair
Susan Arnold, an American executive, was selected as the next chairman of the Board of The Walt Disney Company to succeed Bob Iger. Arnold has become the first woman to hold that position, ending a nearly 100-year tradition of men leading…