Disney Shuts Down Metaverse Division and Scraps Subscription Service Plan
Geek Freaks Headlines31 Maalis 2023

Disney Shuts Down Metaverse Division and Scraps Subscription Service Plan

According to The Wall Street Journal, Disney has closed its metaverse division and laid off all its 50 members as part of its broader restructuring process. The division was tasked with finding interactive ways to tell Disney’s stories using new technologies and was led by company veteran Mike White, who will remain at the company in an unknown role. The division’s closure also means the cancellation of White’s plan to launch a subscription service for Disney, which would have united Disney+ with the company’s retail operations and theme park apps.

Former Disney CEO Bob Chapek was optimistic about the company’s metaverse ambitions, calling it the “next great storytelling frontier.” However, under the pressure of cost-cutting measures, Disney has announced three rounds of layoffs, with the metaverse team being one of the first teams impacted. While Bob Iger, who replaced Chapek as CEO in November 2022, has shown an interest in the metaverse by joining the board of an animated avatar startup, it is unclear if Disney will continue to pursue its metaverse ambitions. The company will notify the last affected employees by the beginning of summer.

The closure of Disney’s metaverse division is a setback for the company’s ambitions to blend physical and digital experiences in new and innovative ways. However, given the company’s commitment to cost-cutting measures, it remains to be seen if Disney will continue to pursue its metaverse ambitions in the future.

Jaksot(670)

Shogun Season 2 Time Jump And Release Window Explained

Shogun Season 2 Time Jump And Release Window Explained

In this episode of Geek Freaks Headlines, we break down everything we know about Shogun Season 2. From the confirmed January 2026 filming start in Vancouver to the ten year time jump into a fragile Ed...

14 Marras 20251min

V For Vendetta Heads To HBO: What To Expect From The Series

V For Vendetta Heads To HBO: What To Expect From The Series

HBO is developing a V for Vendetta TV series with writer Pete Jackson attached and James Gunn and Peter Safran executive producing for DC Studios. We break down what that creative team signals for ton...

11 Marras 20251min

Jimmy Olsen’s DC Crime at Max

Jimmy Olsen’s DC Crime at Max

We break down the new Superman spinoff centered on Jimmy Olsen, titled DC Crime, headed to Max. The conversation covers the true crime style approach, a season one focus on Gorilla Grodd, and how the ...

11 Marras 20251min

GTA 6 Delay To November 2026 And Why It Might Be A Good Thing

GTA 6 Delay To November 2026 And Why It Might Be A Good Thing

GTA 6 has been pushed to November 2026 after previously moving from a 2025 window to May 2026. Take-Two says the extra time is for polish and quality control, and it continues to back Rockstar. GTA On...

7 Marras 20251min

Square Enix Says AI Will Handle 70% of QA by 2027, Layoffs Hit Western Teams

Square Enix Says AI Will Handle 70% of QA by 2027, Layoffs Hit Western Teams

On today’s Geek Freaks Headlines, we break down Square Enix’s plan to have generative AI handle about 70% of quality assurance and debugging by the end of 2027, announced the same day employees in the...

7 Marras 20252min

K-Pop Demon Hunters Sequel Set for 2029: Why the Wait Makes Sense

K-Pop Demon Hunters Sequel Set for 2029: Why the Wait Makes Sense

On today’s Geek Freaks Headlines, we break down the newly announced K-Pop Demon Hunters sequel, currently targeted for 2029. We cover why animation timelines are long, why this sequel felt inevitable ...

7 Marras 202550s

Brendan Fraser & Rachel Weisz Return To “The Mummy”

Brendan Fraser & Rachel Weisz Return To “The Mummy”

On today’s Geek Freaks Headlines, we break down the big news: Brendan Fraser and Rachel Weisz are in talks to return for a new “The Mummy.” The film is set up at Universal with Radio Silence (Matt Bet...

5 Marras 20251min

King Of The Hill Renewed Through 2028: Seasons 16 & 17, Where To Watch, Why It Matters

King Of The Hill Renewed Through 2028: Seasons 16 & 17, Where To Watch, Why It Matters

On today’s Geek Freaks Headlines, we break down the big renewal news for King of the Hill. The series has been picked up for Seasons 16 and 17, with Season 15 slated for 2026, setting the show up thro...

4 Marras 202557s

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
ootsa-kuullut-tasta-2
tervo-halme
politiikan-puskaradio
rss-podme-livebox
et-sa-noin-voi-sanoo-esittaa
viisupodi
otetaan-yhdet
rss-asiastudio
rss-mina-ukkola
rikosmyytit
the-ulkopolitist
rss-vaalirankkurit-podcast
io-techin-tekniikkapodcast
linda-maria
rss-kiina-ilmiot
rss-kaikki-uusiksi
rss-hyvaa-huomenta-bryssel
rss-kuka-mina-olen