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Disney CEO Bob Iger Confirms Beginning of 7,000 Layoffs This Week, with Three Rounds of Cuts Expected Before Summer
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Disney CEO Bob Iger Confirms Beginning of 7,000 Layoffs This Week, with Three Rounds of Cuts Expected Before Summer

Disney CEO Bob Iger has confirmed that the company will begin its first of three rounds of layoffs this week. The media conglomerate is looking to reduce its workforce by approximately 7,000 employees, Deadline is reporting. The executive sent a memo to Disney’s employees today, in which he confirmed that the company is moving forward…

Karen Benardello
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Will NBCUniversal’s Streaming Strategy Feather the Peacock’s Nest?
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Will NBCUniversal’s Streaming Strategy Feather the Peacock’s Nest?

According to a just-released Bloomberg report, Comcast is planning to orchestrate some major changes in the way it makes films available to its Peacock streaming service. The media giant allegedly wants to remove NBCUniversal films from Netflix, HBOMax and similar platforms to keep them in the Peacock feather nest instead of providing access to other…

Edward Moran
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