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BBCNEWS BBC News June 4, 2024 03:01:00

Since the russian invasion thanks british politicians for their support, but urges the uk to give them fighterjets. writing on the helmet reads we have freedom, give us wings to protect it. have freedom, give us wings to protect it drama at disney as 7,000 jobs are set to go. the entertainment giant says it must cuts costs as streaming customers fall for the first time. and praise continues to pour in for nba superstar lebronjames after he becomes the competition s all time leading points scorer. ....

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BBCNEWS BBC News June 4, 2024 02:19:00

Losses will be in the division that makes films and tv series. disney will cut back on content and concentrate instead on the franchises that have proved so lucrative in the past. such as star wars, the marble superheroes and pixar animation. this does come after disney s old boss is returning to the company. that s right, we re talking about bob eiger. he led disney for 15 years and one of the things he did in the ceo position was champion the development of streaming services at disney. the same services at disney. the same services that are under pressure right now. he resigned as ceo in 2020 and then the company s share price fell dramatically and that led to the ousting of his hand picked ....

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BBCNEWS BBC News June 4, 2024 03:19:00

In peru, they are not willing to stop protesting until there is a fundamental change. they have already had seven presidents in six years, and don t want eight or nine. they want fundamental change today. ben norton, latin american political analyst. thank you for sharing your expertise. mr; for sharing your expertise. my pleasure- the entertainment giant disney has announced it ll be laying off 7,000 employees, in ceo bob iger s first major decision since he was asked back to lead the company late last year. the layoffs follow similar moves by other us tech giants which have laid off thousands of workers as the economy sours and companies dial back a hiring spurt that began during the height of the pandemic. earlier on, i spoke to our north america correspondent david willis. he explained why these cuts are taking place. this has everything to do with the so called streaming wars. disney s disney+ subscription service has faced competition from rivals such ....

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BBCNEWS BBC News June 4, 2024 03:20:00

As netflix, amazon and so on. as a result of which it s had to spend a lot of money on content in order to attract subscribers. and that has weighed heavily on the bottom line. indeed, since disney plus was launched back in 2019, country s streaming services have lost around about $10 billion, it s been assessed. so it takes a lot of visits to the magic kingdom to make up that sort of shortfall, and as a result, even though the theme parks are doing extremely well, the company has announced the plan to try and save $5.5 billion in part by cutting these 7000 jobs. i understand that most of these job losses will be in the division that makes films and tv series. so in other words, disney will cut back on content, and concentrate instead on the franchises that have proved so lucrative in the past ....

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BBCNEWS BBC News June 4, 2024 04:17:00

The lay offs follow similar moves by other us tech giants which have laid off thousands of workers as the economy sours and companies dial back a hiring spurt that began during the height of the pandemic. earlier, our north america correspondent david willis explained why these cuts are taking place. this has everything to do with the so called streaming wars. disney s disney+ subscription service has faced competition from rivals such as netflix, amazon and so on. as a result of which it s had to spend a lot of money on content in order to attract subscribers. and that of course has weighed heavily on the bottom line. indeed, since disney+ was launched back in 2019, country s streaming services have lost around about $10 billion, it s been assessed. so it takes a lot of visits to the magic kingdom to make up that sort of shortfall ....

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