| 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...
| May 6, 2013
| 3:37 PM
The Walt Disney Co. and Electronic Arts Inc. have inked a licensing deal that will see the video game developer make and publish new "Star Wars" games, the companies said Monday afternoon.
Under the exclusive, multi-year agreement, Electronic Arts...
| May 7, 2013
| 3:29 PM
Walt Disney Co. reported a massive jump in net income for its fiscal second quarter, lifted by the performance of its media networks, movie studio and theme parks.
The Burbank company posted net income of $1.51 billion for the quarter that ended March...
| May 8, 2013
| 8:56 AM
If the dead could speak, they probably wouldn't have been heard over the burst of virtual shouting and howling Walt Disney Co. drew for attempting to trademark "Dia de los Muertos" -- a bid it has since dropped.
The company filed 10 applications with...
| May 10, 2013
| 2:23 PM
Paramount Pictures will be getting a payday for "Iron Man 3" -- a film released by its crosstown rival Disney.
The Walt Disney Co.'s Robert Downey Jr. action sequel has already sold $794 million of tickets worldwide -- a massive success for the...
| May 21, 2013
| 10:51 AM
Just one week after touting its strength to advertisers and declaring it wasn't worried about new competition from Fox Sports, ESPN is cutting its staff.
The moves are part of an overall cost-cutting effort by ESPN parent Walt Disney Co. Earlier this...
| Oct 22, 2013
| 11:43 AM
Whimsic Alley calls itself "a shopping haven for wizards of distinction," catering to "Harry Potter" fans with merchandise that includes wands, books, neckties and sweater vests for those looking to re-create the boy wizard's look.
It even has a...
| Jun 7, 2013
| 2:05 PM
Walt Disney Co. Chairman and Chief Executive Robert Iger and Chief Financial Officer James Rasulo sold large quantities of company stock in mid-May, when shares of the Burbank entertainment giant were near an all-time high.
Iger sold 1 million shares of...
| Jul 1, 2013
| 3:11 PM
Robert Iger will remain chief executive of the Walt Disney Co. through June of 2016, which is 15 months longer than expected, the entertainment juggernaut said Monday afternoon.
Iger, who also serves as Disney's chairman, had been slated to step down...
| Jul 3, 2013
| 11:02 AM
It will be fireworks for "Despicable Me 2" at the box office this Fourth of July, but "The Lone Ranger" could be a dud.
The animated 3-D sequel will probably collect an impressive $110 million between Tuesday night and Sunday evening, according to those...
| Jul 5, 2013
| 9:22 AM
The partnership between the Burbank Historical Society and Story Tavern continues to make history as the tavern will sponsor its second annual fundraiser for the society beginning at 4:30 p.m. on Monday.
The date, July 8, is significant for two reasons....