Hollywood
Arnold Schwarzenegger to receive Golden Icon Award at Zurich Film Festival
NEW DELHI: Veteran Hollywood action star Arnold Schwarzenegger will be receiving the Golden Icon Award at the Zurich Film Festival.
The 11th edition of the Festival will be held from 24 September to 4 October.
The actor will receive the award on 30 September after which he will present his new zombie thriller Maggie at the festival.
Schwarzenegger, who is famous for the Terminator franchise, has twice been governor of California. His latest in the Terminator series is Terminator: Genisys.
On the other hand, Maggie is directed by Henry Hobson. Schwarzenegger plays a Midwestern father who stays by his daughter’s side even after she is infected by a virus that will turn her into a zombie.
Schwarzenegger will also discuss his life and body of work in a Question and Answer session.
“We are extraordinarily proud to welcome Arnold Schwarzenegger, one of Hollywood’s most iconic legends, to Zurich and are delighted that he will share his films and stories with our public,” said Zurich Film Festival co-director Karl Spoerri.
“Arnold has had a transformative career that no one in Hollywood can match and established himself as a global brand, even beyond the box office. We are honored to present him with our Golden Icon award at this year’s festival,” Spoerri added.
The festival will also show Angry Indian Goddesses by India-born Pan Nalin among the over-170 films being screened.
Hollywood
Disney to cut 1,000 jobs in major restructuring drive
Layoffs span ESPN, studios and tech as company pivots to growth
MUMBAI: The magic isn’t disappearing but it is being reorganised. The Walt Disney Company has announced plans to cut around 1,000 jobs as part of a sweeping restructuring effort aimed at sharpening its edge in an increasingly unpredictable entertainment landscape. The move, led by CEO Josh D’Amaro, reflects a broader internal reset as the company rethinks how it operates, allocates resources and competes in a fast-evolving industry. In a memo to employees, D’Amaro acknowledged the difficulty of the decision but framed it as a necessary step to ensure Disney remains “efficient, innovative, and responsive” to rapid shifts in consumer behaviour and technology.
The layoffs will span multiple divisions, including marketing, film and television studios, ESPN, technology teams and corporate functions. Notifications have already begun, signalling that the restructuring is not a distant plan but an active transition underway.
Importantly, the company has clarified that the cuts are not performance-driven. Instead, they form part of a wider transformation strategy aimed at building a leaner, more agile organisation, one better equipped to respond to streaming dynamics, digital disruption and evolving audience expectations.
The timing is telling. The global entertainment industry is in the middle of a structural shift, with traditional television revenues under pressure and box office returns becoming increasingly volatile. Meanwhile, streaming platforms and digital-first competitors continue to redraw the rules of engagement, forcing legacy players to rethink scale, speed and storytelling formats.
For Disney, long synonymous with blockbuster franchises and timeless storytelling, the pivot is both strategic and symbolic. The company is doubling down on technology, direct-to-consumer services and content ecosystems that align with modern viewing habits, where audiences expect immediacy, personalisation and cross-platform experiences.
Even as the restructuring unfolds, D’Amaro struck a note of optimism, reiterating Disney’s commitment to creativity and long-term growth. Support measures for affected employees are expected as part of the transition, though details remain limited.
In essence, this is less about cutting back and more about reshaping forward. As Disney redraws its organisational map, the message is clear, in today’s entertainment world, even the most magical kingdoms must evolve or risk being left behind.
