Disney agreed to license a slate of movies and TV shows to Netflix , including existing "Ice Age" films as well as "Percy Jackson and the Olympians" and "Will Trent" series, the companies said on Friday.
Walt Disney Co (NYSE:DIS, XETRA:WDP) is laying off around 300 employees under CEO Josh D'Amaro as it cuts costs to invest in growth, according to a person familiar with the matter. The latest reductions mainly affect human resources and technology roles, the person said, speaking anonymously because they were not authorized to comment publicly.
A top Disney executive refused to say whether ABC will renew Jimmy Kimmel's contract, throwing in some ominous remarks about the late-night funnyman's future.
Walt Disney plans a restructuring of its television business that could result in hundreds of layoffs and the consolidation of divisions, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
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