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Coming soon: More layoffs at Disney
Another round of cuts will leave film studio jobs -- and more -- on the cutting-room floor.
For Walt Disney (DIS) employees, this week has played out more like a cutthroat reality show than a feel-good fairy tale.
The entertainment giant is planning to lay off workers in its movie studio and consumer products divisions, according to Reuters, with the studio cuts focused on the marketing and home video units. Employees expect the layoffs will take place before Disney reports second-quarter earnings on May 7, according to Variety.
With sales of physical DVDs in decline, Disney CEO Bob Iger has said he expects digital distribution deals to fuel future growth, which would explain the cutbacks in home video. In 2011, Iger told The Wall Street Journal, "Netflix (NFLX), Hulu, Amazon (AMZN), Apple's (AAPL) iTunes, whatever other platforms emerge, we are looking at as having the same potential that home video had for the movie business."
At the box office, Disney has been leaning more heavily on partners such as Pixar and Marvel, with fewer films getting developed in-house. The company's 2015 lineup is a franchise-fest, with a fifth "Pirates of the Caribbean" in the works alongside Lucasfilm's "Star Wars: Episode VII," Marvel's "The Avengers 2" and "Ant-Man," and a Pixar sequel to "Finding Nemo" called "Finding Dory," according to Variety.
The layoff rumors come two days after the company announced it would close down production at LucasArts, the game studio acquired in October's $4.1-billion deal for Lucasfilm. Disney's plan is to leverage the iconic "Star Wars" brand by licensing the rights to third-party developers. "After evaluating our position in the games market, we've decided to shift LucasArts from an internal development to a licensing model, minimizing the company's risk," the company said in a statement.
The Wall Street Journal's Ben Fritz reported that up to 200 LucasArts employees were let go on Wednesday. And the parent company has cut roughly 300 other jobs, mostly at Disney Interactive, in three rounds of layoffs in the last year, according to Reuters. Disney cut more jobs last year when it moved its publishing unit to Burbank, Calif., from New York.
Shares of Disney were trading down 0.7% to $57.20 midday Friday.
This is how a private sector company deals with poor quarterly earnings. The U.S. government would give everyone a tax payer funded raise. Which is why the city of Stockton is in so much trouble. The mayor of Stockton promised full PERS for anyone working even 1 year in the public sector. Now the city is BANKRUPT! If you din't know the largest U.S. City ever went Bankrupt, look to the news media.
When the retirements of American's were lost due to the recession, the Government guarenteed public sector PERS, but NO PRIVATE SECTOR RETIREMENTS!
When we all lost 1/3 of our income in the recession, public employees continued getting raises. Dont be mad at Disney for doing what needs to be done to stay healthy. Question why the government doesn't do the same.
It's no surprise Disney is struggling.
First, it's Disney in name only with the family having minimal to no say on day to day operations.
Two : It's parks were a place for a family to get away from reality if only for a few hours or overnight at a reasonable price.
Now : There are long lines to the rides, Disney parks are way overpriced and most importantly they are not family friendly anymore now that they have embraced same sex couples day where straight families kids are subjected to seeing man on man or woman on woman making out publicly, gay parade's and transgender pride garbage.
Doesn't sound very family friendly for the traditional family that once made up most of Disney's customers.
Walt Disney is crying up in heaven right now over how corporate America has ruined his dream of a fantasy getaway for families and I'm not talking two mommies or daddies families.
OBAMANOMICS in full swing!! Now the labor participation rate has hit another historic low. You would have to go back to 1978 to get a number as low. All the liberal Obama zombies would like us to think this is due to the baby boomers retiring. Truth of the matter is a large majority of boomers have less than 40k saved and have to return to the workforce to make ends meet. In fact an article was posted on MSN this week showing the fastest growing sector of employment was those workers 65 and older returning to work and many occupying entry level positions usually reserved for recent college graduates.
Labor participation rates 2008-2013:
2008 | 66.2 | 66.0 | 66.1 | 65.9 | 66.1 | 66.1 | 66.1 | 66.1 | 66.0 | 66.0 | 65.9 | 65.8 | |
2009 | 65.7 | 65.8 | 65.6 | 65.7 | 65.7 | 65.7 | 65.5 | 65.4 | 65.1 | 65.0 | 65.0 | 64.6 | |
2010 | 64.8 | 64.9 | 64.9 | 65.1 | 64.9 | 64.6 | 64.6 | 64.7 | 64.6 | 64.4 | 64.6 | 64.3 | |
2011 | 64.2 | 64.2 | 64.2 | 64.2 | 64.2 | 64.0 | 64.0 | 64.1 | 64.2 | 64.1 | 64.1 | 64.0 | |
2012 | 63.7 | 63.9 | 63.8 | 63.6 | 63.8 | 63.8 | 63.7 | 63.5 | 63.6 | 63.8 | 63.6 | 63.6 | |
2013 | 63.6 | 63.5 | 63.3 |
government taxes and crushes small business over and over .(how do i know? i am one) for those that have never run a small business i challenge you to try it and see if you can do "just the paper work" the government, federal,state and bourogh throw at you and "then" try to have time to "ACTUALY" build a product.
you people want jobs???? then tell every polittion and govenment oficial to stop taxing us into oblivion. 1/3 of my buisness is international. (postal service jacks international shipping 40 to 60 percent in one year. (and thats after raseing it 10% two years earlyer) people like amazon, barns and noble and many others took at least a 30% hit in lost revenue. (wich means they have to let people go. (the postal service could have spread those costs over there entire field of services so prices would have gon up across the board say 5% it would really not have effected business) but noooooooooo!!!!! they hit just the international and jack the hell out of it!! what person over seas that wants a book or vidio is "now" going to pay 23.95 in shipping for a 5 dollar book or vidio? NONE!!
NOW they are trying to start a new tax on all online businesses. THATS ''AFTER" JACKING THE HECK OUT OF OUR TAXES THIS YEAR!!
so lets recap shall we....
40 to 60% hike on all international sales.
higher taxes for this year. (i got hit with 6000 dollars more then last year i had to pay)
new taxes for state and federal on internet sales.
more complicated tax code then last year.
never knowing what they are gonna do next so we sit in limbo.
government devalueing the dollar so EVERY THING WE NEED TO BUY COSTS WAY MORE!!
its like our government is single handedly trying to distroy any and all jobs in america.
for those that say "i dont care, thats your problem, COST OF DOING BUSINESS", i say to you....when you go to the 247th job interview and YET AGAIN do not get a job. us small businesses will say to you...."i dont care, you should have helped us get things changed around so we could have hired you.
untill government stops killing us, we are all doomed.
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[BRIEFING.COM] The major averages ended the Wednesday session on a mixed note. The Nasdaq (+0.4%) and Russell 2000 (+0.3%) posted modest gains while the Dow Jones Industrial Average (-0.1%) finished in the red. For its part, the S&P 500 (+0.03%) settled just above its flat line.
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The London Prodigal (Folio 3, 1664)
The London PRODIGAL
Written by W. Shakespeare.
Enter old Flowerdale and his brother.
¶Rother, from Venice, being thus disguis'd,
¶I come to prove the humours of my son:
¶I leaving you his patron and his guide?
10Beyond the allowance I left him?
¶Unc. How! beyond that? and far more: why, your
¶borrowed, protested with oaths, alledged kindred to
¶wring money from me, by the love I bore his father, by
¶that done, I have had since, his bond, his friend and friends
¶bond, although I know that he spends is yours; yet it
20Fath. Brother, what is the manner of his life? how is
¶the name of his offences? if they do not rellish altoge-
¶ther of damnation, his youth may priviledge his wan-
25looked into with the eyes of discretion, and well ballanced
¶minable, that the Landlord of himself, which is the heart
¶of his body, will rather intombe himself in the earth,
30tled, how much better are they that in their youth have
¶little, and in their age runs into it? Belive me, brother,
¶they that die most vertuous, hath in their youth, lived
¶most vicious, and none knows the danger of the fire, more
¶his life? let's hear his particulars.
¶And a breaker of his oaths, which is bad.
¶Nay by my faith, I hold this rather a vertue then a vice,
¶Well, I pray proceed.
¶Unc. He is a mighty brawler, and comes commonly
¶by the worst.
¶for if he brawl and be beaten for it, it will in time make
¶him shun it: For what brings a man or child, more
¶to vertue, then correction? What raigns over him else?
¶Unc. He is a great drinker, and one that will forget
¶So he drink not Churches.
¶Then any iniquity. Hath he any more attendants?
55Unc. Brother, he is one that will borrow of any man.
60as my son.
¶Then any way condemne them.
¶them over now,
65As things slight and nothing, his crimes being in the bud,
¶It would gall my heart, they should ever raign in him.
¶Flow. Ho! who's within ho?
Flowerdale knocks within.
¶take it,
¶Say I have brought you news from his father.
¶I have here drawn a formal will, as it were from my self,
75Which I'le deliver him.
¶Unc. Go too, brother, no more: I will.
¶Fath. I am a Saylor come from Venice, and my name
80is Christopher.
Enter Flowerdale.
¶Flow. By the Lord, in truth Uncle.
¶Flow. By your leave, Uncle, the Lord is the Lord of
¶Unc. Yournever come, but you bring a brawl in your
¶this light,


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Jill / Canadian / Writer. Musing on music from the past and present with thoughts, photos, songs, and lol-worthy things. Loves alt rock and great synth hooks. Essentials: David Bowie, NIN, Dave Grohl, U2.-Featured / Linked By: Tumblr #Music, The Rolling Stones, Nine Inch Nails, Know Your Meme,
One Week One Band, Suicide Blonde
On the set of DJ, 1979


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The slope of 4x-2y+7=0 is 2.Therefore, the perpendicular to this line has a slope -1/2.The y-intercept 2x+3y-10=0is 10/3.Therefore, the line passes through (0, 10/3)The equation of the line would bey - 10/3 = -1/2(x - 0) = -x/22y - 20/3 = -xx + 2y - 20/3 = 03x + 6y - 20 = 0 is the required equation.
I need help with this question... someone please help? Determine the equation of the line perpindicular to 4x-2y+7=0 and having the same y-intercept 2x+3y-10=0It would be great if you can help me out in this question!


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Arsenal would have settled for a draw - Bould
Premier League - 1 year ago
Watching: "We haven't played anything like we can, we haven't performed today. We lack confidence for whatever reason."
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