Part of job cuts planned for 7,000 Disney employees.
— when then-CEO Bob Chapek appointed Mike White to lead the next generation storytelling unit. White, who is not thought to have been impacted by the layoffs, has worked at Disney for over a decade. His LinkedIn profile notes that he originally started in the company’s Disney Interactive video games division.
“For nearly 100 years, our company has defined and re-defined entertainment by leveraging technology to bring stories to life in deeper, more impactful ways,” Chapek said in the memo last year. “Today, we have an opportunity to connect those universes and create an entirely new paradigm for how audiences experience and engage with our stories… This is the so-called metaverse.
Disney isn’t the only company struggling to deliver on big metaverse ambitions. Even Meta has struggled to build adoption of its technology. Its first major VR headset release after the rebrand, the
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