| 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...
| Apr 8, 2013
| 10:33 AM
Annette Funicello, the dark-haired darling of TV's “The Mickey Mouse Club” in the 1950s who further cemented her status as a pop-culture icon in the '60s by teaming with Frankie Avalon in a popular series of “beach” movies, died...
| Apr 8, 2013
| 3:15 PM
During the last stretch before Tuesday’s general election in Burbank, fundraising continued among the four candidates competing for two seats on the Burbank City Council, recent reports show.
City Council incumbent Dave Golonski raised $3,410 over...
| 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...
| Feb 8, 2011
| 1:32 PM
More than two years after the collapse of Lehman Bros., Burbank is still pining for the $10 million it lost in the deal.
Following Lehman’s declaration of bankruptcy in September 2008, Burbank filed a lawsuit alleging top executives of the...
| 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...