Walt Disney

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Jan. 25 at 2:53 p.m.
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Filed under: Entertainment, Jobs/employment, Layoffs

Disney confirms layoffs in video game unit

By Associated Press

The Walt Disney Co. is confirming layoffs amid a restructuring of its video game division, a money-losing unit that is focusing more on mobile and social games and away from expensive-to-produce console games.

The company didn’t specify the number of people affected, however. Get the full story »

Jan. 10 at 2:36 p.m.
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Filed under: Media, Newspapers

ABC News chief open to Bloomberg partnership

By Margaret O'Brien

The new head of ABC News said Monday he was open to a possible partnership with Bloomberg News as the news network seeks to expand its links with social and other media after a major restructuring in 2010.

Ben Sherwood, appointed president of ABC News in December, told television journalists at the Television Critics’ Association meetings in Pasadena that he wanted the network’s news division to expand its links with Facebook and other organizations. Get the full story »

Nov. 23, 2010 at 3:43 p.m.
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Filed under: Entertainment, Internet, Litigation

Zynga, Playdom settle trade-secret suit

By Dow Jones Newswires

Social games leader Zynga Game Network Inc. said Tuesday that it had settled a suit it filed against Walt Disney Co.’s Playdom unit, ending a year-long battle over trade secrets with one of its closest rivals.

Zynga, known for games including “Farmville” and “Mafia Wars,” sued Playdom in September 2009, alleging that Playdom induced four former Zynga employees to steal trade secrets and use that information to help Playdom develop online social games to compete with Zynga’s games. Get the full story »