Disney cuts hundreds of TV and movies, as the company focuses on broadcasting services

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Disney Cut hundreds of employees Several television and films teams, as the company focuses on expanding broadcasting services.

Employees in marketing for cinema and television, as well as TV advertisingDisney spokesman told Fox Business, as well as casting, development, development and financial operations.

The spokesman said that the company will continue to evaluate road management methods efficiently “with fueling the latest creativity and innovation.”

Disney reveals the ESPN broadcast service directly to the consumer with $ 29.99 prices

The demobilization operations announced on Monday are part of its continuous work to find opportunities to work more efficiently. However, the spokesperson said that the company was surgical in its approach to reduce the number of affected employees.

The entire difference is not cut.

Disney

Disney Dreammar Rose “Rosie” and Warveld at the Disney Dreams Academy at the Walt Disney International Resort on March 5, 2022, looks at Lake Boina Vista, Florida. (Al Bello / Disney Dreamers Academy / Getty Images)

This comes after the Disney ABC News Group and Disney Entertainment Networks announced its plans to benefit less than 200 employees in March.

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These discounts represented nearly 6 % of the total ABC News Group and Disney Networks Networks, and the majority of employees affected by ABC News, according to a source with knowledge of limiting the number of employees.

Disney Bob Egger

Bob Egger, CEO of Disney, attends Oscar in Beverly Hills, California, on February 12, 2024. (Valerie Macon / AFP via Getty Images / Getty Images)

Meanwhile, Disney enters forward with the direct broadcast service (DTC), which will be called ESPN, after its successful sports network, with pressure on broadcast wars.

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Discovery Warner Bruce,, Which owns Max, CNN and Discovery Channel, Disney, which owns Disney+, Hulu and Espn, Amazon, which owns Prime, and Netflix are among the media companies that compete to control the video flow market online, which was launched during the epidemic closure orders.

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Companies have invested extensively in the original content and exclusive deals to bring more subscribers and get their market share. With many players in space, the platforms also united broadcast services, raised prices, suppressing the password sharing or adding subsidized levels in order to stay profitable and compete effectively.

Although no specific launch date is not announced, an expected date will be announced in late summer.



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