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Posts Tagged ‘Christine O’Donnell’

Morning Media Newsfeed: Disney Cuts 700 | FCC vs Shared Stations | Tribune Names CEO

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Disney Interactive Lays Off Roughly 700 (THR)
The Walt Disney Company has laid off approximately 700 employees at Disney Interactive, a company spokesperson confirmed. Prior to the layoffs, roughly 2,800 employees worked at the division, representing a cut of approximately 26 percent of its total workforce. Variety Cuts were expected, but not on this scale. They were anticipated to mostly affect Disney’s Playdom group, which produces games for social media platforms. A Disney rep said the layoffs will occur across the board in the business unit. Re/code Last month, Disney Interactive reported its second consecutive quarter of profitability after a long string of losses, credited to the success of Disney’s console game Disney Infinity. However, in tandem with the layoffs, the company will cease in-house console game development beyond supporting Infinity and publishing the as-yet-unreleased game Fantasia: Music Evolved, developed by Harmonix. New Disney games will instead be licensed out and developed by other studios. NYT Disney Interactive makes up a tiny piece of the Disney empire. The entertainment conglomerate as a whole had $1.84 billion in profit and $12.31 billion in revenue in its most recent quarter; Disney Interactive had operating income of $55 million on revenue of $403 million, according to financial filings. Reuters Disney’s games and online division has for years been a persistent money loser and a small but significant drag on a corporate empire that spans movie-making and television to cable network ESPN, theme parks and cruise lines. Last year, Disney Interactive lost $87 million as revenues rose 26 percent from 2012; the division has lost a total in recent years of more than $1 billion.

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Some Midterm Races on Twitter

Republicans have “institutionalized” Facebook. But Twitter is still the wild west. Well, not as wild as ’09. Politicians are not tweeting themselves anymore. But we have done some of our own states on key races around the country and in our state.

Nevada Senate race:
Harry Reid (D): 12,563 followers
Sharron Angle (R): 8,089 followers

California Governor Race:
Meg Whitman (R): 242,141 followers
Jerry Brown (D): 1,100,939 followers

California Senate Race:
Carly Fiorina (R): 308,850 followers
Barbara Boxer (D): 23,724 followers

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Marc Maron is a Profoundly Funny Man

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Marc Maron‘s podcast has blown up recently and it’s given the comedian new notoriety in the last year. And it’s well deserved – he’s brilliant.

Case in point: Sunday on a regular flight from New York to LA flying business class Maron finds himself sitting next to Ken Mehlman. Mehlman served as RNC Chairman and Bush Campaign Chief and was an architect of the “homos will destroy marriage therefore vote Republican” 2004 campaign. Then late last month, Mehlman admitted what most of Washington already knew – he’s gay.

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