Disney will replace its "Diversity & Inclusion" performance factor, which it used to evaluate compensation for executives, with a new "Talent Strategy" factor that is more focused on how values drive business success, according to the note to employees first reported by Axios.

Classic films including “Dumbo” and “Peter Pan” will no longer autoplay warnings about racial stereotypes. It comes as Trump cracks down on diversity initiatives.

Disney+ has reportedly decided to update their content warning displayed before the start of old movies such as "Peter Pan" and "Dumbo," according to a report by Variety.