Disney Stock Rises. More Staff Cuts Planned Ahead of Netflix Streaming War. - Barron's
1. Disney plans to lay off 200 employees in its cable division. 2. Shift to streaming, especially Disney+, is a focus for cost savings. 3. Linear networks' revenue expected to drop by 8.6% by 2025. 4. Streaming revenue projected to rise by 9.8% to $6.67 billion. 5. High costs for live sports rights could impact future earnings.