| Sep 13, 2012
| 1:47 PM
Walt Disney Co. will take a $50 million write-down in the current fiscal quarter for a stop-motion animation project it canceled in August.
The untitled movie was to be directed by Henry Selick, the well respected filmmaker behind "Coraline" and "The...
| Oct 29, 2012
| 9:07 AM
The first trailer for “Iron Man 3” debuted last week, giving fans a glimpse of Tony Stark’s new armor, snazzy shots of his seaside mansion under attack, and a first look at Ben Kingsley as the Mandarin. One thing it doesn’t have:...
| Oct 30, 2012
| 1:29 PM
The Walt Disney Co. will acquire Lucasfilm Ltd. in a stock and cash transaction valued at $4.05 billion, according to an announcement released Tuesday.
The deal will make George Lucas -- who became a movie-making icon with his “Indiana Jones”...
| Dec 4, 2012
| 7:36 AM
Walt Disney Co. has lost its appeal of a high-profile case concerning profits from the game show "Who Wants to be a Millionaire."
The Burbank media giant was ordered by a federal jury in 2010 to pay Celador International, the British company that...
| Jan 16, 2013
| 7:26 AM
Long stuck in low gear, Walt Disney Co.’s video game division is aiming for infinity.
The entertainment conglomerate on Tuesday unveiled plans for a high-stakes initiative called Disney Infinity that could determine the success or failure of its...
| Jan 30, 2013
| 7:22 AM
Walt Disney Co.'s video game division laid off about 50 staffers Tuesday from several locations on the same day that it closed the Austin, Texas, studio that produced its "Epic Mickey" titles.
The layoffs were separate from the people who lost their...
| Feb 27, 2013
| 4:50 PM
A former Walt Disney Co. archivist is suing the Burbank company, claiming the entertainment giant fired him in alleged retaliation for reporting sexual harassment in the workplace.
Robert Klein, 41, filed an unlawful retaliation suit Monday in U.S....
| Apr 3, 2013
| 1:32 PM
The Walt Disney Co.'s recently acquired Lucasfilm Ltd. subsidiary announced on Wednesday that its video game unit will no longer develop games.
LucasArts, which was founded in 1982, is best known for a slew of "Star Wars" video games. Lucasfilm said in...
| Apr 5, 2013
| 1:28 PM
The Walt Disney Co. is expected to begin layoffs in the coming weeks, with the cuts centering on the company's movie studio, a source with knowledge of the matter has confirmed.
The cuts, first reported by trade publication Variety, are said to be the...
| Apr 8, 2013
| 3:15 PM
During the last stretch before Tuesday’s general election in Burbank, fundraising continued among the four candidates competing for two seats on the Burbank City Council, recent reports show.
City Council incumbent Dave Golonski raised $3,410 over...
| Apr 10, 2013
| 10:22 AM
Walt Disney Co. has confirmed that it is laying off staff at its movie studio, which several media outlets reported last week.
The Los Angeles Times reported April 5 that the cuts were expected to affect the studio's marketing and home entertainment...
| Apr 11, 2013
| 8:03 AM
Walt Disney Co. has begun the process of laying off about 150 people who work at the company’s movie studio.
Analysts said that the layoffs, which were confirmed by the Burbank-based company Wednesday, are probably related to redundancies...