This is part three of the four-part series “The Crisis at Disney” On June 14, multiple business news outlets carried variations of the headline “Disney Loses Streaming Rights for Indian Premier League Cricket.” The coverage within these outlets detailed how a consortium that included Paramount Global outbid current rights owner, the Walt Disney Co., by paying…
The Crisis at Disney: Part 3—Does Disney Still Have a Competitive Edge?
The Crisis at Disney: Part 2—An Evaporation of Originality?
This is part two of the four-part series “The Crisis at Disney.” In looking through the list of films being released in 2022 by the Walt Disney Co., it is difficult not to experience an acute sense of déjà vu. No other Hollywood studio can rival Disney when it comes to churning out surplus amounts…
Netflix Cuts 300 More Jobs Amid Slowing Growth
Netflix has laid off a further 300 employees after last month letting go of 150, mostly in the United States, amid slowing growth. The job cuts, which the company said in May were driven by business needs and not employee performance, come as Netflix subscriptions substantially fell for the first time in a decade. A…
Biden Considers Gas Tax Holiday for Americans; Disney’s ‘Lightyear’ Flops in Weekend Release | NTD Evening News
As Americans feel the hurt at gas stations across the country, President Joe Biden said on June 20 that he is considering a gas tax holiday and gas rebate cards. Disney and Pixar Studios’ new film “Lightyear” isn’t performing as well as analysts had expected. The film has received international backlash over its gay kissing…
Ohio Relaxes Gun Training Requirement for Teachers; Disney’s ‘Lightyear’ Banned Over Gay Kiss in UAE | NTD Evening News
June 13, 2022
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As Congress crafts a new piece of gun control legislation, the State of Ohio has enacted a new law that relaxes the training requirement for teachers to carry guns on school grounds. Disney and Pixar Studio’s new movie “Lightyear” will be in theaters this Friday, but not in the United Arab Emirates (UAE). The Middle…
Disney Names Dana Walden as Head of TV Content, Replacing Major Exec Peter Rice
Walt Disney Co has replaced veteran Hollywood executive Peter Rice with Dana Walden in a major shakeup to leadership, Chief Executive Bob Chapek announced on Thursday. Walden was promoted to Chairman of Disney’s General Entertainment Content, where she will lead the company’s streaming television efforts. The role will also allow her oversight of ABC Entertainment, ABC News, Disney Branded…
Former Disney Channel Actor Sentenced to Federal Prison for Attempt to Meet a Minor for Sex
Former Disney Channel actor Stoney Westmoreland has been sentenced to two years in federal prison for trying to solicit a 13-year-old to have sex. The 52-year-old actor initially faced the charge of enticement of a minor over the internet, which is punishable by up to 10 years in prison. But he managed to reach a…
Disney to Confirm Reopening Timeline of Splash Mountain in July
June 3, 2022
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ANAHEIM, Calif.—Shortly after Anika Noni Rose accidentally revealed on Thursday the 2024 reopening of the rethemed Splash Mountain rides at Disneyland and Walt Disney World, Disney immediately made the reopening timeline foggy again, saying more details will be released in July. Best known for voicing the main character Tiana in Disney’s 2009 movie “The Princess…
All the Star Wars Announcements at Star Wars Celebration
Star Wars fans and investors in Walt Disney Co. might be interested to hear the latest news and updates from the Star Wars Celebration. Here is a look at some of the news and trailers shared at the event that could keep Star Wars fans an investors happy for years to come. The Star Wars Celebration…
What You May Have Missed About the Angel Stadium Deal
May 27, 2022
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Void the Angel Stadium sale and preserve all evidence related to its negotiations—that’s what the City of Anaheim is asking Angels baseball team owner Arte Moreno and his company SRB Management to do. City Attorney Robert Fabela sent a formal letter to Moreno’s attorney on May 25, saying the city’s original 2020 agreement with the…
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