Marvel Entertainment plays a powerful card in the film industry by announcing that it has once again recruited the Russo brothers for two Avengers productions.

The entertainment company seems to have found a way out of the current crisis with a clear strategy. The rumors have been left behind when the Russos’ address is confirmed.

From a commercial point of view, both are needed. According to The Hollywood Reporter, “the Russos would direct not one, but two new Avengers movies. That is, the still untitled 2026 film (which was titled ‘The Kang Dinasty’ until problems with Jonathan Majors forced a change of course) and the 2027 ‘Avengers: Secret Wars’, with which the Saga of the MCU Multiverse would conclude.”

Marvel’s alliance with the Russos is understandable, knowing the successes that the producers have allowed the company to achieve, in addition to being the means of its survival, since it is going through this year without releases beyond Deadpool and Wolverine.

M.Pino

Source: Xataka

(Referential image: Krists Luhaers in Unsplash)

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The American entertainment giant The Walt Disney Company began its second round of layoffs, which foresees, once fully completed, the departure of 7,000 employees during 2023, which represents 3.6 % of its workforce.

Thus, once this round is completed, the total number of positions abolished will amount to about 4,000. The details of this tranche of cuts emerged last week, when it was learned that the company would cut about 15 % of the staff in its entertainment division, and that some affected workers would be notified starting this Monday.

The cuts will cover television, movies, theme parks, as well as corporate positions, and will affect all regions where Disney operates. Last February, Disney announced a downsizing affecting some 7,000 positions in its workforce, which exceeds 220,000, as part of a general strategy to cut its annual costs by $5.5 billion.

In this way, the plan was divided into three sections, the first, which took place in March, the second, the current one, begins in April, while the last one will be undertaken “before the beginning of summer”, according to the CEO. from Disney, Bob Iger.

These measures respond to the losses registered by the company in its streaming services, which doubled in 2022 compared to 2021, with an amount that amounts to 1,050 million dollars after the slowdown in subscriber growth and increased competition for the spectators.

Source: dpa

(Reference image source: file)

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La entrada Disney begins another round of mass layoffs apareció primero en Bitfinance.