Universal Music Group and Warner Music Group shares gained following ... ongoing inflation and government layoffs. Live Nation, which reported record full-year results on Feb. 20, dropped 11.0 ...

Though the new year has almost passed its first full fiscal quarter, media layoffs across the entertainment industry have continued to bleed over from last year’s avalanche of job cuts.

The Walt Disney Company underwent a round of layoffs Wednesday, March 5, that will impact nearly 200 employees, or 6 % of the workforce in the ABC News Group and the company’s entertainment ...