| 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...
| 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...
| 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...
| Jun 10, 2011
| 4:58 PM
Roughly 200 positions are expected to be eliminated by the Walt Disney Co., most to be absorbed by the company’s Burbank headquarters, in a round of layoffs next week, according to a company source.
Some of the positions to be eliminated currently...
| Oct 16, 2010
The Walt Disney Co. and the parent of Warner Bros. have each given more than $1 million toward the effort to defeat an initiative on the Nov. 2 ballot that would restore an estimated $1.3 billion in business taxes to the state rolls, records show....
| Feb 8, 2011
| 6:37 PM
A healthier media advertising market and greater theme-park traffic drove Burbank-based Walt Disney Co. to increased revenue and profits in the last three months of 2010 compared with a year earlier.
The first quarter of Disney’s 2011 fiscal year...
| Jul 29, 2011
| 5:38 PM
The Falcon Theatre, Walt Disney Co., Cartoon Network and Nickelodeon are among the creative forces that will contribute to an art exhibit at the Burbank Creative Arts Center that opens Aug. 5.
The center is celebrating 100 years of the city’s...
| Aug 10, 2010
| 9:10 PM
The Walt Disney Co. rode World Cup soccer, "Toy Story 3" and careful cost controls to increased revenue and profitability in the third quarter of 2010, according to the latest earnings reports released Tuesday.
Revenues topped $10 billion for the...