Tag: $Disney

Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers

Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming subscriber losses at Disney+.

Disney, Fox and Warner Bros. Discovery call off plans to launch Venu sports streaming service

Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service Venu, the companies said in a joint statement Friday

Disney Hikes Its Dividend by 33%. Why It’s All About ‘Deadpool’ and ‘Moana’.

The Walt Disney Co. is raising its dividend. Shareholders can thank blockbuster movies like superhero team-up “Deadpool & Wolverine,” and sequels to its animated smash-hits “Inside Out” and “Moana.”

F1, ESPN open talks over next US media rights deal, FT reports

Formula One has opened negotiations with broadcaster ESPN over its next U.S. media rights deal with one year left on the existing contract, the Financial Times said on Thursday.

Disney Stock Jumps 10% After Earnings. Streaming Profit Is Magic.

Walt Disney stock jumped 10% early Thursday as the entertainment giant’s streaming business swung to a strong profit in its fiscal fourth quarter.

Disney beats estimates as combined streaming services turn a profit

Disney reported its fiscal third-quarter earnings Wednesday, topping analyst estimates as its combined streaming businesses turned a profit earlier than expected.

‘Deadpool & Wolverine’ opens with $205 million in domestic sales

Marvel’s raunchy and violent “Deadpool & Wolverine” lit up box offices over the weekend with $205 million in U.S. and Canadian ticket sales, the biggest domestic opening of the year, distributor Walt Disney said on Sunday.

Disney, Florida’s DeSantis end spat with deal on 15-year expansion plan

Disney and Florida Governor Ron DeSantis have put an end to their feud with a deal that allows the entertainment giant to develop the Walt Disney World Resort near Orlando for the next 15 years.

Activist Nelson Peltz Exits His Walt Disney Stake

Walt Disney has one less activist investor to deal with. Trian Partners’ Nelson Peltz has sold his entire stake in the entertainment giant, according to a person familiar with the matter.

Disney earnings top analyst estimates as streaming nearly breaks even in the quarter

Disney reported fiscal second-quarter earnings Tuesday that beat analyst estimates after narrowing streaming losses. Revenue was in line with expectations.

Exclusive: Disney prevails over Trian in board fight

Walt Disney Co, opens new tab has secured enough shareholder votes to defeat a challenge against its board mounted by Nelson Peltz’s hedge fund Trian Fund Management, people familiar with the matter said on Tuesday.

Disney edges ahead in battle for board seats with activist investors

Walt Disney appeared to pull ahead of activist investors in the battle for board seats and the future of the global entertainment conglomerate, with more than half of all shares voted before the company’s annual meeting on Wednesday.

Disney shares pop 7% in premarket trade after earnings beat and Epic Games, Eras Tour news

Walt Disney shares were up 7% in premarket trade early Thursday after a jam-packed earnings report.

Disney Stock Rises on Deal to Share Information With Activist Investor

Walt Disney is trying out a new tactic to bolster its share price as the battle with Nelson Peltz, the chief executive officer of Trian, continues to rumble.

Disney Brings Back Dividend Pushed for by Activist Peltz

Disney stock advanced Friday after the company said it was reinstating its dividend, having cut the payout amid the Covid-19 pandemic and promising earlier this year to bring it back.

Disney’s Holiday Weekend Box Office Comes Up Short

Walt Disney animated feature Wish came up short at the holiday weekend box office, dealing the House of Mouse another cinematic blow.

Disney sees higher costs to create content after Hollywood pay raises

Nov 21 (Reuters) – Walt Disney said on Tuesday the new collective bargaining agreements with the Directors Guild of America, WGA and SAG-AFTRA will lead to increased costs to create content.

Disney Stock Jumps on Solid Earnings. Disney+ Was a Bright Spot.

Walt Disney shares were rising after the entertainment giant posted quarterly earnings that edged ahead of Wall Street’s estimates.

Disney Is Buying Comcast’s Hulu Stake. The Price Is TBD.

Walt Disney on Wednesday said that Comcast has exercised its right to sell its one-third stake in the streaming service to Disney, which holds the other two thirds.

Reliance nears deal to buy Disney’s $10 bln-valued India business -Bloomberg News

BENGALURU, Oct 23 (Reuters) – Disney (DIS.N) is nearing a deal to sell its India operations, which it values at around $10 billion, to Reliance Industries (RELI.NS), its biggest rival in the country, rather than sell the business in parts, Bloomberg News reported on Monday.