Disney laying off 28,000 employees, mostly at theme parks

Sep 30, 2020
The head of Disney’s theme parks unit said that uncertainty over the pandemic’s duration had made cuts unavoidable.
The company says two-thirds of those who will be laid off are part-time employees.
Derek Lee/Disneyland Resort via Getty Images

Accounting in the COVID era is more subjective than ever

Aug 5, 2020
Companies are finding ways to soften the pandemic's blow to their bottom lines.
An empty Wrigley Field in Chicago on what would have been Major League Baseball's opening day. Since Disney didn't air MLB games, it didn't have to count the licensing cost in its financial results.
Scott Olson/Getty Images

Quarterly earnings will show how Disney is weathering the pandemic economy

Aug 3, 2020
COVID-19 hurt its cruise and theme park businesses, but the company is also capitalizing on the "stay-at-home" market with its streaming service.
People demonstrate social distancing at Walt Disney World Resort in Florida in this handout photo from the company.
Matt Stroshane/Walt Disney World Resort via Getty Images

Cities may reopen, but will customers' wallets?

May 4, 2020
When it comes to companies that bank on large gatherings, analysts think COVID-19's impact will be long-lasting.
People stand outside the gates of Disneyland in March.
David McNew/AFP via Getty Images

Disney theme parks in Shanghai and Hong Kong are closed due to coronavirus

Feb 4, 2020
The outbreak has also shuttered nearly every movie theater in China.
Disney closed down its Hong Kong and Shanghai parks due to the spread of the coronavirus.
Ayaka McGill/AFP via Getty Images

Anime could be a key to streaming domination

Jan 9, 2020
As streaming platforms compete for the attention of young viewers, many are investing in Japanese animation.
The anime show "Neon Genesis Evangelion" is streaming on Netflix.
Screenshot via Netflix

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Disney's theme parks are beating the odds

Nov 7, 2019
On a roller coaster of higher prices and falling attendance, theme park revenue has been on the up and up.
The mouse still makes money.
MN Chan/Getty Images

The streaming wars are fought with catalogs — and confusing deals

Oct 30, 2019
Banks of shows draw people in. Promotions aim to keep them there.
Chris McGrath/Getty Images

You wouldn't recognize Disney without the work of these women

Oct 23, 2019
A new book details the rise and fall of female animators and storytellers in the early days of Walt Disney Studios.
Portrait of Retta Scott working on Bambi
Ben Worcester