Deadline reports that Disney CEO Bob Iger had good and bad news on a Q1 earnings call yesterday. The bad first: Disney initiates a $5.5 billion cost-saving plan that nixes 7,000 jobs across the entire company.
And the good? Disney has sequels on the way for three of their most popular animated franchises. READ MORE: Disney Reveals 2023 Schedule: Dating Pixar Films, ‘Snow White’ & ‘Next Goal Wins’ “Today, I’m so pleased to announce that we have sequels in the works from our animation studios to some of our most popular franchises, “Toy Story,” “Frozen,” and “Zootopia,“” said Iger on the call.
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