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DIS Dec 2025 165.000 put
| Previous close | 55.44 |
| Open | N/A |
| Bid | 50.50 |
| Ask | 55.50 |
| Strike | 165.00 |
| Expiry date | 2025-12-19 |
| Day's range | 55.44 - 55.44 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Pixar to lay off 14% of staff as Disney looks to cut costs
Pixar Animation Studios is laying off about 14% of its workforce as Disney (DIS) seeks cost-cutting measures and scales back on content made for streaming. This move comes after Disney executed a wave of layoffs last year in an attempt to boost profitability. Yahoo Finance's Seana Smith and Brad Smith report more on the story and what it means for the media giant's future. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
ReutersDisney strikes deal to sell stake in India's Tata Play, Bloomberg News reports
Walt Disney has struck a deal to sell its stake in Tata Play, valuing Indian conglomerate Tata Group's satellite TV provider at about $1 billion, Bloomberg News reported on Wednesday, citing people familiar with the matter. The stake sale news comes as the U.S.-based media giant looks to focus on its merger with India's top conglomerate, Reliance Industries, in a bid to create an $8.5 billion entertainment juggernaut far ahead of rivals in the world's most populous nation. Last month, Tata Sons, the holding company of India's Tata Group, increased its stake in Tata Play to 70% by buying a 10% stake from Singapore state investment firm Temasek for about $100 million, local media had reported.
BenzingaDisney's Pixar Cuts 14% Staff, Shifts Focus to Potential Blockbuster 'Inside Out 2'
Walt Disney Co’s (NYSE:DIS) Pixar Animation Studios has started implementing the layoffs reported months ago, releasing approximately 175 staff members, constituting about 14% of its workforce. These cuts primarily stem from Disney+ reducing its production of direct-to-consumer series. Since his return in November 2022, CEO Bob Iger has advocated for a more disciplined approach to streaming, the Deadline reports. Also Read: Disney’s Latest Unionization Cast Vote Could Signal Shifts in Operationa
