DisneylandDisney today confirmed it is laying off about 150 staff members at its movie studio. The cuts affect the studio’s marketing, home video and theatrical distribution divisions. Disney’s movie operation employs roughly 7,000 people.

The move comes just a week after Disney’s recently-acquired Lucasfilm subsidiary announced that its video game unit, LucasArts, would stop developing games. The cuts also come despite a high stock performance by Disney.

KCRW’s Steve Chiotakis discussed this latest move by Disney with Ben Fritz, staff writer for the Wall Street Journal.

KCRW Radio App TuneIn Stitcher SoundCloud iTunes
Related Posts Plugin for WordPress, Blogger...

One Comment »

  • stock tips said:

    It's a subdued start for the Indian market this morning, with investors tracking global cues and treading cautiously in opening trades.

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.

BROUGHT TO YOU BY