Another Round of Layoffs on the Way for The Walt Disney Company

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Yet another round of layoffs is imminent for The Walt Disney Company, after just laying off “hundreds” of employees late last month. More Layoffs at Disney According to a new report from Variety, approximately 75 employees from Disney’s ABC News and local stations will be laid off as part of the ongoing reductions at the … Read more

‘Good Morning America’ Moving Out of Times Square in 2025

Good Morning America

ABC’s “Good Morning America” will be moving from its Times Square studio to Hudson Square in 2025, as part of a larger move by The Walt Disney Company, Variety reports. ‘Good Morning America’ Leaving Times Square All of Disney’s New York properties, including “Good Morning America” and “Live with Kelly and Mark,” will move to … Read more

Bob Iger Meets with Disney Leaders After His Comments About Potentially Selling Company & Assets Caused ‘High Anxiety’

Bob Iger on Squawk Box

Disney CEO Bob Iger met with fellow company leaders on Tuesday to calm nerves about his comments regarding the potential sale of TV assets. Iger’s TV Comments During an interview with David Faber on CNBC’s “Squawk Box,” Iger agreed with Faber that ABC “may not be core” to The Walt Disney Company. He said they … Read more

Disney Management Reportedly at Odds with ABC News President Over Sexual Assault Investigation

There seems to be some turmoil within The Walt Disney Company, as several high-ranking executives are reportedly furious at ABC News President Kim Godwin over a possible sexual assault investigation, according to CNN Business‘ Oliver Darcy. Darcy reports that Godwin, who assumed her role less than six months ago, has been calling for an independent … Read more