Disney invests $1.5 billion in Epic Games, the creators of Fortnite
Together, Disney and Epic Games, the creators of Fortnite, will create a "expansive and open games and entertainment universe." Disney...
Bob Iger
Disney increases their cost-cutting strategy by $2 billion and reports a higher-than-expected profit
Earnings at Disney surpassed expectations, owing in part to profit at ESPN+ and strong growth at theme parks, although a...
Dave Portnoy, the creator of Barstool Sports, repurchased his business for $1
According to a regulatory document released late on Wednesday, Barstool Sports founder Dave Portnoy paid Penn Entertainment (PENN) $1 to...
Disney will lay off 7,000 workers as it cuts costs and reorganizes
Disney announced Wednesday that it intends to reorganize into three segments. The media and entertainment conglomerate announced that it would...
