Disney News & Updates

[Sushubh]

Disney creates task force to explore AI and cut costs - sources

Walt Disney has created a task force to study artificial intelligence and how it can be applied across the entertainment conglomerate, even as Hollywood writers and actors battle to limit the industry's exploitation of the technology.

www.reuters.com

 

[Navjot Singh]

Disney Accused of ‘Self-Dealing’ by Fox Slate Financier

Disney was accused in a lawsuit on Tuesday of "self-dealing" in a lawsuit filed by a Fox slate financier.

variety.com

TSG Entertainment, which has invested more than $3 billion in 140 Fox films including “Avatar: The Way of Water” and “The Shape of Water,” accused Disney in a lawsuit on Tuesday of using Hollywood accounting tricks to cheat it out of hundreds of millions of dollars.

The slate financier alleged that Disney had engaged in “self-dealing” by diverting Fox films from a lucrative HBO license to its own Disney+ and Hulu platforms. The lawsuit also alleges that Fox engaged in “sweetheart” deals when it licensed its films to the FX cable channel.

TSG alleges that Disney sought to prop up its stock price, and the pay packages of CEOs Bob Iger and Bob Chapek, at TSG’s expense.

 

[Sushubh]

‘The Mandalorian,’ ‘WandaVision’ and ‘Loki’ to Release on Blu-Ray and 4K UHD

"The Mandalorian," "Wandavision" and Loki" arrive on Blu-ray and 4K UHD later this year, the first Disney+ original series to get a physical release.

variety.com

 

[Navjot Singh]

People had been asking for years but now since cos they are losing money on strikes for which they are responsible, this is what they came up with. Falcon and the Winter soldier is next.

For the last 3 years Disney had maintained that the content will remain digital only. Lol

 

[Navjot Singh]

Investors Sue Disney Over Alleged Chapek Era “Cost-Shifting Scheme” to Hide Streaming Losses

The suit takes aim at former CEO Bob Chapek's lofty subscriber growth and profitability targets for Disney+. The entertainment giant faces a host of litigation dealing with efforts to boost subscriptions for its streaming service.

www.hollywoodreporter.com

YASS. Disney's share price is at a record low. The lowest in a decade.

 

[Nishant]

Source

 

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[Sushubh]

Jennifer Lee Steps Down as Disney Animation’s Chief Creative to Make ‘Frozen’ Sequels

Jennifer Lee steps down as Disney Animation's chief creative to make "Frozen" sequels.

variety.com

 

[Sushubh]

Disney Layoffs Underway: Hundreds Of Corporate Staffers Impacted

Disney is in the middle of a new wave of cuts as part of a "cost-saving initiative," sources tell Deadline.

deadline.com