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Disney Plans More Layoffs While Spending Billions On Share Buybacks
Disney’s legal chief warned his department will shrink as separate companywide cuts reportedly approach. The company earned $2.64 billion last quarter.
#Horacio Gutierrez
Disney, Universal Sue AI Generator Midjourney, Calling It “A Bottomless Pit Of Plagiarism’
Midjourney founder David Holz has previously admitted that his product is “a big scrape of the internet” and that he has stolen hundreds of millions of images without permission from rightsholders.
Disney Plans Layoffs, Hiring Freeze After Weak Fourth Quarter
In a memo to executives, CEO Bob Chapek outlined a series of cost-cutting measures headed Disney’s way.
Disney Comms Boss Out As DeSantis Feud Intensifies, Florida Governor Mourns For Modern Animation
With aim that makes Elmer Fudd look like Annie Oakley, DeSantis has started taking shots at modern animation.