Disney is offering longtime executives early retirement packages amid larger cost-cutting efforts and ongoing layoffs. The offer, announced in a memo to staff sent by Senior EVP and Chief People Officer Sonia Coleman on Monday, the time-limited, company-sponsored Voluntary Early Retirement Offer (VERO) program is set to give eligible executives the opportunity to retire now
Disney is joining other big-name companies in curbing employee benefits, a move that comes as healthcare costs rise. Starting next year, the entertainment giant will no longer offer medical insurance plans to US employees’ spouses if their spouses have jobs that provide such coverage, a Disney spokesperson confirmed to Business Insider. Employees’ other dependents won’t
Bill Rasmussen, a former local-news sports director who parlayed an interest in the nascent business of satellite television into the launch of the sports-media giant known as ESPN, has died after a battle with Parkinson’s disease. The entrepreneur and founder was 93 years old. Rasmussen in 1978 was idling in traffic on Connecticut’s Interstate 84
Thanksgiving 2027 is about to get a lot colder. Disney has revealed the first details about “Frozen 3,” which will release in theaters Nov. 24, 2027, following the previous two films’ tradition of Thanksgiving-centered premiere dates. Set in the fictional land of Arendelle, the cast of voice actors includes Kristen Bell as Anna, Idina Menzel
Disney has set a March 31, 2028 release date for its live-action adaptation of “Tangled.” The news was revealed during the Disney Entertainment Showcase at the D23 fan event Friday, where the first footage from the “Tangled” remake was shown exclusively to those in attendance. Starring Teagan Croft as Rapunzel and Milo Manheim as Flynn
Disney is putting the adult in Disney Adult. The Mouse House is famous for warm-and-fuzzy family entertainment — but it also has a stockpile of moody and magical love stories. At D23 in Anaheim, Disney Publishing announced “Disney Cursed Love,” an all-new romantasy initiative inspired by some of the Mouse House’s “most iconic love stories.”