The job losses come out the US and follow the merger of the interactive media and consumer products divisions at Disney last year.
The unified division has hit a sticky patch after a period in which Frozen and Star Wars products had driven strong growth, with quarterly profit down 7% in the most recent financial report.
Disney employs about 180,000 staff globally, making the number of job losses small in terms of the overall business, but the latest cuts follow similar small-scale moves at MCN business Maker Studios, and a part of the company’s video game business.
Amazon set for US$1 billion NFL streaming deal digitaltveurope.com/2021/03/05/ama… https://t.co/8sTjUG5TJK
05 March 2021 @ 14:05:55 UTC
Digital TV Europe is excited to announce the release of our 2021 Industry Survey!
Thank you to our sponsors… twitter.com/i/web/status/1…
05 March 2021 @ 13:08:21 UTC
ICYMI: Telefónica launches standalone Brazilian fibre network FiBrasil digitaltveurope.com/2021/03/04/tel… https://t.co/9Jmy315VWN
04 March 2021 @ 21:05:00 UTC