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Disney

All articles tagged with #disney

Disney Offers Early Retirement to Longtime Executives Amid Cost-Cutting
business9 hours ago

Disney Offers Early Retirement to Longtime Executives Amid Cost-Cutting

Disney is offering a time-limited Voluntary Early Retirement Offer (VERO) to eligible U.S.-based executives (director through EVP) at Disney Entertainment, ESPN, and corporate divisions who are at least 50 years old and have 10+ years with the company. The package includes separation pay, continued vesting of equity awards, healthcare at active-employee rates, and ongoing Silver Pass access to Disney parks. The move accompanies broader cost-cutting and recent ESPN layoffs, with more cuts anticipated; participation will depend on individual decisions.

Kimmel Weighs Retirement, Says He’ll Keep Creating in a Different Way
entertainment12 hours ago

Kimmel Weighs Retirement, Says He’ll Keep Creating in a Different Way

Jimmy Kimmel discussed retirement on Dax Shepard’s Armchair Expert with wife Molly McNearney, saying he doesn’t see a simple goodbye and would continue creating in some form; his Disney contract runs through May 2027, and both he and McNearney weigh ending the show on a high note versus moving on to new projects, with McNearney expressing she’d support either path while noting the show's importance.

Disney Rolls Back Spousal Health Coverage Amid Rising Medical Costs
business15 hours ago

Disney Rolls Back Spousal Health Coverage Amid Rising Medical Costs

Disney will narrow spouses’ eligibility for Disney-sponsored health plans starting in 2027 if they can obtain coverage through their own employer, with children’s coverage and vision/dental plans staying the same. The move mirrors a broader corporate response to rising healthcare costs, including an 11% projected cost rise for 2027 and higher per-employee spend driven by drug costs, affecting about 160,000 Cast Members and reflecting trends seen at other large employers.

Disney & NFL Team Up for 32-Team Character-Themed Gear
entertainment17 hours ago

Disney & NFL Team Up for 32-Team Character-Themed Gear

Disney, in collaboration with the NFL, Champion and Fanatics, launches a 32-team apparel collection pairing each NFL club with a character from Disney, Pixar, Marvel or Star Wars. The lineup features tees, crewnecks and fleece for all ages, priced roughly from $29 to $119.99, and sold via Disney Store, Fanatics, NFL Shop and some Lids locations. Matchups reflect team history and lore (e.g., Thor with the Vikings, Captain Hook with the Buccaneers, Woody with the Cowboys, Millennium Falcon with the Falcons, among others).

Ex-child actor sues Disney over alleged on-set abuse during Poof Point filming
law17 hours ago

Ex-child actor sues Disney over alleged on-set abuse during Poof Point filming

Raquel Lee Bolleau, a former child actor, filed a Los Angeles Superior Court lawsuit against Walt Disney Co. alleging a middle-aged Disney employee repeatedly raped and supplied alcohol to her when she was 14 during the 2001 film The Poof Point, with abuse said to be visible on set and not intervened. The suit claims Disney executives blamed her for the deterioration of her health and canceled a future role, and it frames the case as part of a broader pattern of failures tied to Weinstein and a convicted coach. Disney denies the allegations.

Ex-Disney Child Star Alleges On-Set Abuse, Sues Studio for Negligence
entertainment19 hours ago

Ex-Disney Child Star Alleges On-Set Abuse, Sues Studio for Negligence

Former Disney child actor Raquel Lee, now 39, filed a lawsuit against The Walt Disney Company alleging negligence after she says she was sexually abused by a Disney employee during filming of the 2001 Disney Channel movie The Poof Point when she was 14. The suit claims the employee gave her alcohol and assaulted her multiple times, including at a Salt Lake City hotel and on a flight back to California, with production failing to supervise and even blaming her for a deteriorating performance. Disney is accused of canceling an upcoming role rather than investigating. Lee seeks economic and emotional damages, punitive damages, and legal fees. She has since done Disney work and appeared in a 2024 docuseries about kids on TV.

Disney Lets Eligible Executives Opt for Early Retirement in Cost-Cutting Push
business19 hours ago

Disney Lets Eligible Executives Opt for Early Retirement in Cost-Cutting Push

Disney is offering a time-limited Voluntary Early Retirement Offer (VERO) to eligible U.S.-based directors through EVP levels as part of broader cost-cutting and ongoing layoffs. The enhanced package includes separation pay, continued vesting of existing equity awards, healthcare at active employee rates, and continued Silver Pass access to Disney theme parks. Eligibility is 65 points (age plus years of service), with a minimum age of 50 and at least 10 years of service; the program is voluntary, with an election window, and applies to certain divisions (Disney Entertainment, ESPN, and corporate).

ESPN streaming price hikes hit Disney+/Hulu bundles
technology20 hours ago

ESPN streaming price hikes hit Disney+/Hulu bundles

ESPN is raising prices for ESPN Select and ESPN Unlimited, effective September 17, and related Disney+/Hulu bundles follow suit. ESPN Select goes to $14/month (from $13) or $140/year (from $130); ESPN Unlimited rises to $32/month (from $30) or $320/year (from $300). Bundles tying Disney+ and Hulu (with ads) increase to $22/month (from $20), while ad-free bundles rise to $33/month (from $30). The legacy ad-free Disney+/Hulu/ESPN Select bundle goes from $25 to $28/month. ESPN Unlimited bundles are not affected. This is the first price update since ESPN revamped its streaming strategy.

Disney Tests Voluntary Exit for Senior Executives Amid Cost-Cutting Push
business21 hours ago

Disney Tests Voluntary Exit for Senior Executives Amid Cost-Cutting Push

Disney is offering a time-limited Voluntary Early Retirement Offer (VERO) to U.S.-based executives at Director through EVP levels across Disney Entertainment, ESPN, and Corporate who meet a 65-point threshold (age plus years at Disney), with a minimum age of 50 and at least 10 years at the company. Eligible executives can retire with an enhanced package including separation pay up to a year, healthcare at active-employee rates, continued vesting of equity awards for three years, and lifelong Silver Pass access; participation is optional and does not preclude future employment. The program comes as Disney accelerates cost-cutting and ongoing layoffs (over 1,000 announced in April, with more in July). Contractors are excluded, and there will be a defined election window followed by a confirmation period. This is the first such offer in years, following voluntary buyouts in 2001 and 2009.

Gridiron Meets Disney: All 32 NFL Teams Draft a Disney Character
sports23 hours ago

Gridiron Meets Disney: All 32 NFL Teams Draft a Disney Character

Disney, the NFL, Champion, and Fanatics staged the first Disney NFL Draft at Fanatics Fest, pairing every NFL team with a Disney, Pixar, Marvel, or Star Wars character to reflect each team’s identity. Examples include Raiders–Darth Vader, Cowboys–Woody, Eagles–Doctor Doom, Packers–Chewbacca, Vikings–Thor, Titans–Thanos, Broncos–Maximus, and Rams–Sulley. The full 32-pairing collection supports Disney/ESPN’s Year of the Super Bowl, leading into ESPN’s 2027 Super Bowl presentation.