Tag: $Disney

Netflix, Disney Stocks Rise After End of Hollywood Writers Strike

Shares of Netflix NFLX –1.44% and Walt Disney were rising Wednesday after Hollywood writers agreed to a deal to end their strike.

Disney Says It Hasn’t Made a Decision About ABC After Report of Sale Talks

Disney hasn’t yet decided what it will do with ABC and other traditional broadcast television channels, a spokesman said.

Disney and Charter Stocks Jump on Cable Deal. The Status Quo Is Largely Preserved.

Walt Disney  and Charter Communications have come to an agreement to end an 11-day long channel blackout that has kept nearly 15 million Spectrum cable subscribers without college football, U.S. Open tennis, Good Morning America, and Dancing With the Stars—just in time for Monday Night Football.

Disney Stock Falls to a Nearly 10-Year Low. Why It’s Still a Buy.

Charter Communications  wants Walt Disney to rethink the cable bundle. Disney is perfectly happy with how things are currently, thank you very much. An unstoppable force has met an immovable object—and Disney stock is paying the price. Not much has changed for our stock pick, however. Disney stock still looks too beaten up to ignore.

Disney posts mixed results for quarter plagued by streaming woes, restructuring costs

Subscriber losses continued over the last three months, with the company reporting 146.1 million Disney+ subscribers during the most recent quarter, a 7.4% decline.

Penn dumps Barstool for ESPN-branded sports-gambling service

Online sports-betting company Penn Entertainment Inc. sealed a $1.5 billion deal with Walt Disney Co.’s ESPN to launch ESPN Bet, a branded sportsbook for fans in the U.S., and pivoted away from Barstool Sports on Tuesday, selling the platform back to founder Dave Portnoy.

Disney CEO Iger opens door to unloading TV assets as linear business struggles

Disney CEO Bob Iger opened the door to selling the company’s linear TV assets as the business struggles during the media industry’s transition to streaming and digital offerings.

Disney exploring sale or partners for India business, source says

NEW DELHI, July 12 (Reuters) – Walt Disney (DIS.N) is exploring options to sell or find a joint venture partner for its India digital and TV business, a source with direct knowledge said on Wednesday.

‘The Flash,’ Pixar’s ‘Elemental’ Disappoint in Muted Box Office

The Flash, a Warner Bros Discovery Inc. film based on the super-fast DC Comics hero, topped the box office this weekend with a lower-than-expected $55.1 million in domestic ticket sales.

Disney CFO Stepping Down

Walt Disney said CFO Christine McCarthy would step down, and the entertainment company named another veteran executive, Kevin Lansberry, to act as interim CFO starting July 1.

Disney delays Avatar, Marvel and Star Wars movies as it shuffles releases

Disney on Tuesday revealed a shake-up of its movie release calendar, delaying several entries in the Avatar, Marvel and Star Wars franchises.

Disney scraps plans for new Florida campus, mass employee relocation amid DeSantis feud

Disney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state’s governor.

Disney’s streaming losses improve even as subscriber numbers decline

Disney on Wednesday reported that its streaming losses narrowed as price increases helped offset the loss of 4 million subscribers at Disney+.

Disney’s Iger may have to add slowing growth to his turnaround checklist

Walt Disney Co’s quarterly revenue growth is expected to hit its lowest in nearly two years, underlining the hurdles that Chief Executive Bob Iger faces in revitalizing a company that is now caught in what could be a long strike by Hollywood writers.