Disney

In a fickle media market, Disney's overall revenue grew 4%. Despite declining ad revenue and uncertainty over the Hollywood writers and actors strikes, CEO Bob Iger sees growth opportunities.

Large companies have played the role of activists and been one of the biggest countervailing forces against social and religious conservatives on LGBTQ measures. All that is at stake now.

Disney has a formula: Take a beloved animated property, update its sensibilities for modern audiences, recast it with a bunch of familiar faces and voices, and rehash it all in "live-action"/CGI form.

Disney says it's not moving ahead with a planned office park in Orlando because of "new leadership and changing business conditions." Its dispute with Florida Gov. Ron DeSantis appears to be a factor.

The film, Strange World, tells the story of a family of explorers and includes a character who has a crush on another boy. The fifth-grade teacher says a student's mother lodged a complaint.

The Walt Disney Company reported a 13% increase in quarterly earnings on Wednesday.

ESPN was not part of the first phase of Disney reductions. Besides this week's layoffs, another round of job cuts will take place by the start of summer. Both phases impact off-air employees.

Gov. Ron DeSantis and Florida lawmakers ratcheted up pressure on Disney World by announcing a bill that would allow the state to exert unprecedented oversight on the park resort's rides and monorail.

Auli'I Cravalho and Dwayne "The Rock" Johnson, who voiced Moana and Maui, respectively, in the 2016 film, will reprise their roles in the live-action version, Disney said.