The Walt Disney Company

Business • Economy
Disney to lay off 28,000 employees as Covid-19 affects its theme park business
Disney to lay off 28,000 employees as Covid-19 affects its theme park business
Credit: Joe Penniston (Creative Commons Attribution 2.0)

In a memo sent to employees on Tuesday, Disney announced it would lay off 28,000 employees across its parks, experiences and consumer products segment. Around 67% of the laid-off workers were part-time employees.

The company blamed prolonged closures and capacity limits at open parks for the layoffs. While Disney's theme parks in Florida, Paris, Shanghai, Japan and Hong Kong have been able to reopen with limited capacity, both California theme parks have remained shuttered.

Arts, Entertainment, Culture • TV & Movies
Tatiana Maslany casts as title character in Marvel's She-Hulk
Tatiana Maslany casts as title character in Marvel's She-Hulk
Credit: Gage Skidmore from Peoria, AZ, United States of America / Wikimedia Commons (Creative Commons Attribution ShareAlike 2.0)

Tatiana Maslany has been cast as the title character of Marvel's She-Hulk series for Disney+. Maslany, who is known from Orphan Black, will be joined by Jessica Gao (Rick and Morty) as lead writer and Kat Coiro as director.

Business • Economy
Disney reports $4.7b loss in third quarter
Disney reports $4.7b loss in third quarter
Credit: Coolcaesar / Wikimedia Commons (Creative Commons Attribution ShareAlike 4.0)

Walt Disney Co. reports its first quarterly loss since 2001 largely due to the Covid-19 pandemic, with a loss of $4.72 billion in its third fiscal quarter ending with June 27.

Amid the Covid-19 pandemic, Disney had to close its theme parks and lost revenue from theatrical parks, live sports and movie distribution. However, due to people staying at home, Disney+ has gained over 60 million subscribers in less than nine months.

Arts, Entertainment, Culture • TV & Movies
Mulan to premiere on Disney Plus
Mulan trailer image
Mulan trailer image Credit: YouTube (Reproduction)

Disney CEO Bob Chapek announced the movie "Mulan" will premiere on the service on September 4 for $29.99. On markets where Disney Plus is not available, the film will be released theatrically.

The announcement was made on the company’s earnings call after the market close Tuesday.

Mulan was originally scheduled to debut in March but due to the Covid-19 pandemic it was moved to July 24, then to August 21, and few weeks ago it was postponed indefinitely.

Arts, Entertainment, Culture • TV & Movies
Disney postpones movie releases due to Covid-19 pandemic
Mulan trailer image
Mulan trailer image Credit: YouTube (Reproduction)

The Walt Disney Company will not release several movies for the time being. The company announced it is postponing the premiere of Mulan indefinitely and is also pushing back the sequels to James Cameron's Avatar and the release of the Star Wars trilogy films by a year each.

Mulan was initially slated to be released in March, but due to the Covid-19 pandemic, it was delayed to July and then to August.

Lifestyle • Travel
Disney World Florida reopens despite record Covid-19 numbers
Fireworks at Magic Kingdom, Disney World.
Fireworks at Magic Kingdom, Disney World. Credit: unsplash.com/Jaime Creixems

Disney World Florida is set to reopen its doors to visitors. The Magic Kingdom and Animal Kingdom parks will open on Saturday, EPCOT and Hollywood Studios will follow on July 15. Disney will implement strict safety measures, including reduced capacity and mandatory face masks. The reopening comes as Florida is reporting record numbers of new Covid-19 infections in the last days, reaching 10,000 daily cases on Tuesday.

Lifestyle • Travel
All Asia Disney parks have reopened after 4-month closure
Entrance of Disneyland Tokyo, Japan
Entrance of Disneyland Tokyo, Japan Credit: unsplash.com/Roméo A.

With the reopening of the Disney Resort in Tokyo, all of Disney's Asian parks have reopened as of July 1. Disneyland in Shanghai has opened its doors for visitors in May and Disneyland Hong Kong welcomed visitors back in June. Visitors have to follow social distancing rules and wear masks at all times. Disneyland Tokyo and Japan's DisneySea parks have introduced further safety guidelines such as mandatory temperature checks, advanced ticket bookings and no physical interaction with actors.

Arts, Entertainment, Culture • TV & Movies
Mulan release has been delayed to August
Mulan trailer image
Mulan trailer image Credit: YouTube (Reproduction)

Disney postponed the debut of its live-action movie Mulan to August 21. The picture was originally scheduled to debut in March but was moved to July 24 when the Covid-19 pandemic forced movie theaters around the world to close.

Arts, Entertainment, Culture • TV & Movies
Disney re-brands Splash Mountain ride in theme parks with black Disney Princess
Disney re-brands Splash Mountain ride in theme parks with black Disney Princess
Credit: unsplash.com / Tomáš Nožina

After a petition had called for Disney to re-brand the log flume ride Splash Mountain as the story told is based "in extremely problematic and stereotypical racist tropes from the 1946 film Song of the South", the company has announced that their project Imagineers haven been working on a re-branding since 2019. The new story will incorporate the black princess Tiana from "The Princess and the Frog" a movie released in 2009 which fits into the theme of the park as the Splash Mountain ride is next to the New Orleans Square and the movie plays in the New Orleans bayou.

Regional News • Americas • United States
Disneyland Anaheim awaits guidelines, postpones reopening
Main Street USA at Disneyland
Main Street USA at Disneyland Credit: Theme Park Tourist (Creative Commons Attribution 2.0)

The Disneyland Anaheim theme park has been forced to postpone its July 17 reopening as Disney awaits reopening guidelines from the state of California.

According to a statement from Disneyland California has "indicated that it will not issue theme park reopening guidelines until sometime after July 4".

Disneyland also stated that "Given the time required for us to bring thousands of cast members back to work and restart our business, we have no choice but to delay the reopening of our theme parks and resort hotels until we receive approval from government officials".

Regional News • Americas • United States
Fox News' Tucker Carlson Tonight loses advertisers over Black Lives Matter comment
Tucker Carlson at the 2018 Student Action Summit
Tucker Carlson at the 2018 Student Action Summit Credit: Gage Skidmore from Peoria, AZ, United States of America / CC BY-SA (Creative Commons Attribution ShareAlike 2.0)

Many US companies have pulled advertising from Fox News' Tucker Carlson Tonight after Carlson's comment on the recent Black Lives Matter protests following the death of George Floyd. In his show on June 6, Carlson told viewers: "It is definitely not about black lives, and remember that when they come for you, and at this rate, they will."

The list of companies that are distancing themselves from Carlson, include Disney, Papa John's Pizza and T-Mobile. Asked whether T-Mobile would support Carlon's message on Twitter, T-Mobile CEO Mike Sievert replied: "It definitely is not. Bye-bye Tucker Carlson! #BlackLivesMatter"

Technology • Internet & Web
Kevin Mayer becomes TikTok’s new CEO
iPhone displaying the tik Tok app
iPhone displaying the tik Tok app Credit: Kon Karampelas

Kevin Mayer, the executive who led Disney's streaming efforts, is leaving the company to become the CEO of TikTok.

Founder Yiming Zhang will continue to serve as ByteDance CEO, while TikTok President Alex Zhu will become ByteDance’s VP of product and strategy.

Health
Disney World Florida closes amidst Covid-19 outbreak

Following the global spread of the coronavirus Disney is taking measures and closes down Disney World in Orlando, Florida as well as the Disneyland resort in Anaheim, California and the Disneyland in Paris, France. With these parks closing all eleven Disney parks around the world are now closed due to the coronavirus pandemia.