Hollywood
‘Interstellar’ grosses $621 million plus at the worldwide box office
BENGALURU: Paramount Pictures (Paramount) and Warner Bros Pictures (WB) critically acclaimed film Interstellar has surpassed US$ 621 million (about Rs 3900 crore) at the worldwide box office to date says Viacom.
Further, the movie has surpassed US$100 million (about Rs 620 crore) in Imax Theatres worldwide since its release on 5 November, marking the fourth time an Imax film has crossed the US$100 million threshold.
Continuing the legacy begun by Nolan and his use of the 15 perf 65mm Imax cameras in The Dark Knight and The Dark Knight Rises, more than an hour of Interstellar was shot using Imax cameras. Exclusively in Imax theatres, these sequences expand to fill the entire screen and deliver unprecedented crispness and clarity and provide audiences with a truly cinematic and immersive experience. Sequences of Interstellar shot in 35mm film have been digitally re-mastered into the image and sound quality of The Imax Experience with proprietary Imax DMR (Digital Re-mastering) technology.
Directed by Christopher Nolan, Interstellar tells the story of a team of explorers that travel through a wormhole in an attempt to ensure humanity’s survival. The story is written by Jonathan Nolan and Christopher Nolan, and produced by Emma Thomas, Christopher Nolan and Lynda Obst and stars Matthew McConaughey, Anne Hathaway, Jessica Chastain, Bill Irwin, Ellen Burstyn, John Lithgow and Michael Caine.
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.
