Disney is making $5.5 billion of spending cuts as years of mismanagement and internal strife finally catch up to it. The fifty workers in its metaverse team are collateral damage of a civil war that has rocked the house of
Once more, VeVe and Disney have joined forces in order to usher the wondrous world of animation into the territory of NFT. This time around, the company will be releasing a magical Hong Kong Disneyland “Momentous” NFT series, which will
The Walt Disney Company has stated on Wednesday that it has begun promoting the growth of innovative digital enterprises by launching its web3 accelerator. This was done in the previous month. Disney, as part of its announcement, presented the six
Bob Chapek revealed Walt Disney Co.‘s first new cruise ship in a decade. It was the first project he championed to the company’s board. Chapek became Disney’s CEO in February 2020 and earned a three-year contract extension on Tuesday after
Walt Disney Co. has made their characters come alive in its theme parks and has extended its franchises via streaming facilities. It is now attempting to catch up with the times by preparing for the forthcoming online evolutionary leap. Furthermore,
Disney announced a new ace up its sleeve. No, it’s not a dive into the metaverse, since it already has the patents approved for one. However, something even wilder to imagine: a residential Disney village. An actual Disneyland where you
Disney CEO Bob Chapek on Tuesday appointed an executive to lead the company’s metaverse strategy. As for now, Chapek has not provided any specific details on how Disney plans to generate revenue from the metaverse. Mike White will be Disney’s
Disney today reiterated its commitment to expanding its sports streaming portfolio, with Disney boss Bob Chapek confirming that the company is bidding for the NFL Sunday Ticket. Disney also plans to innovate its product around sports-centric features and its still-vague
Multinational entertainment giant Disney received a ‘virtual-world simulator’ patent approval during the last week of December 2021. Disneyland has a patent that will enable it to create attractions for theme park visitors. The technology would facilitate headset-free augmented reality (AR)
If Walt Disney has his way, we’ll be heading to the metaverse. The home of Mickey Mouse and Princess Elsa has declared that it intends to join the metaverse alongside Mark Zuckerberg and Microsoft. The new tech concept, which combines
ABOUT US
and then