ABC News and Disney Entertainment Networks cut jobs The ... However, January 2025’s job losses of 624 media jobs were down 41% from the 836 media jobs lost in January 2024.

The media giant is on track to reach domestic streaming profitability in 2025 as it awaits FCC approval for its $8 billion Skydance merger ...

WEBTOON Entertainment, the U.S. subsidiary of Naver WEBTOON, reported a significant increase in operating losses in 2024 while maintaining steady revenue growth. The company posted an operating ...

A judge declined to dismiss a lawsuit from investors who claimed former CEO Bob Chapek aimed to hide Disney+ costs and make forecasts that it would be profitable by 2024.

Trump Media & Technology Group reported a $400.9 million net loss for the full year. The company said it had to pay legal fees stemming from obstruction at the Biden-era Securities and Exchange ...

In recent weeks, a number of high-profile media and entertainment companies have seen job cuts. The most recent media giant to reportedly undergo layoffs is the Walt Disney Company. Here’s what ...