Disney’s ABC, ESPN Weakness Adds Pressure to Make Streaming Profitable
Earnings from traditional TV have fallen sharply after helping to offset Disney+ losses in recent years. Source link
DIS
‘Guardians of the Galaxy Vol. 3’ Delivers $100 Million-Plus Debut for Disney’s Marvel
The third installment of director James Gunn’s trilogy tallied $114 million in domestic ticket sales this weekend, giving Marvel Studios...
Ron DeSantis’s Oversight Board Sues Disney
The lawsuit marks the latest salvo in the escalating battle between the company and Florida Gov. Ron DeSantis. Source link
Hollywood Braces for Potential Writers’ Strike Spurred by Shift to Streaming
Fans of late-night TV could be the first to feel the effects of what would be the second walkout in...
Disney Names Joe Earley New Head of Disney+ and Hulu
Chief Executive Robert Iger has expressed concern on how much is spent on content. Source link
Disney CEO Iger Calls DeSantis’s Moves Antibusiness, Anti-Florida
BusinessCompany, state have been clashing since Disney opposed Parental Rights in Education bill last year Source link
How Disney Dodged Ron DeSantis and Kept Control of Its Florida Land
Business‘Disney didn’t do anything secret’ in securing key approvals before governor’s new board gained oversight Source link
WSJ News Exclusive | Disney Lays Off More Than 300 Streaming-Focused Employees in China
The entertainment company began this week to carry out the first wave of its plan to cut 7,000 jobs. Source...
Disney’s New ‘Ant-Man’ Movie Brings in Over $100 Million on Opening Weekend
Early performance from “Ant-Man and the Wasp: Quantumania” has surpassed studio projections, company executive says. Source link
Former Executives of Fox Subsidiary Face Trial in FIFA Bribery Case
Prosecutors allege two former executives of 21st Century Fox paid bribes for soccer broadcasting rights in South America, in a...
Nelson Peltz Plans Proxy Fight Against Disney
MarketsTrian Fund Management wants Disney to plan for Robert Iger’s successor and wants a seat on the board Source link
Robert Iger’s Return Opens Door for Florida Lawmakers to Consider Restoring Disney’s Tax Privileges
A Florida lawmaker said Robert Iger’s return as Disney CEO has boosted the prospects that the state could work out...
Disney CEO Robert Iger at Town Hall Vows to Focus on Creativity, Streaming Profitability
BusinessCEO tells employees that the company needs to cut costs and give priority to streaming profit over subscriber growth Source...
WSJ News Exclusive | Disney’s ‘Avatar: The Way of Water’ Cleared for December Release in China
WSJ News ExclusiveMedia & MarketingEntertainment company was eager to get approval for a release date in the critical market Source...
Walt Disney CFO, Others, Brought Concerns to Board Over Bob Chapek
BusinessMedia & MarketingCFO Christine McCarthy brought her concerns to the board after a calamitous November earnings call Source link
Disney Ousts Chapek, Iger Returns as CEO
BusinessIger returns to the entertainment company he left only late last year Source link
Disney Shares Slide as Streaming Losses Balloon
BusinessEarningsDeclines in streaming more than doubled in the recent quarter but have reached their peak, says CEO Bob Chapek Source...
Streaming Services Raise Prices Again. Here’s How to Avoid Overpaying.
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Warner Bros. Discovery Names Two Superhero Veterans to Lead DC Studios
Warner Bros. Discovery Inc. WBD 2.96% has tapped the veteran director-producer team of James Gunn and Peter Safran to lead...
ESPN, Formula One Reach New Broadcast Agreement
An increased focus on qualifying is included in the new deal, which was disclosed ahead of Sunday’s U.S. Grand Prix...
