Company
Walt Disney Co
NYSE:DIS
Walt Disney Co is a diversified entertainment company that operates in three segments: Entertainment, Sports and Experiences.
318 stories · page 2 of 4
Queen rights purchase risky for Universal Music Group – broker
Universal Music Group is reportedly in talks to buy Queen's back catalogue from Disney
May the fourth be with huge Disney Star Wars profits
On this Star Wars day, we look back on Disney’s imperial takeover of the most beloved sci-fi franchise of all time
Can sports broadcasting save streamers Netflix, Disney - part 2
In the second of three articles, Proactive’s Jamie Ashcroft assesses the need for (expensive) content and streaming
Disney, Warner, Netflix and an unquenchable thirst for content - part one
In the first of three articles, Proactive’s Jamie Ashcroft assesses the need for (expensive) content and streaming
Hardware & electrical equipment
Disney’s ESPN could become a hub for legitimate sports streaming
Disney's ESPN could offer streaming viewers a central guide to sites showing sports events, both inside and outside of its own broadcasting umbrella
Disney boss shuts down ESPN sale rumours
ESPN will not be sold amid a large scale reshuffle at Disney, boss Bob Iger said on Wednesday
Disney names new chair as showdown with activist investor Peltz looms
Disney will appoint ex-Nike executive chairman Mark Parker to head its board after its next annual meeting, as it attempts to ward off activist investor Nelson Peltz from joining its ranks
Disney returning boss Bob Iger tells employees hiring freeze will stay in place
In a memo earlier this month, previous Disney CEO Bob Chapek - who Disney abruptly announced last week would be replaced by Iger - had announced plans for a hiring freeze, layoffs and cost cuts
Disney shares slip as earnings disappoint despite strong subscriber growth at Disney+
Adjusted earnings per share of 30 cents was below Wall Street forecasts of 55 cents, while revenue of US$20.15bn was below the US$21.24bn expected
Disney banks on revenue diversity in upcoming earnings call
How will China’s zero-Covid policy impact the mouse’s theme park earnings?
Disney reschedules string of Marvel franchise releases
Streaming service Disney+ recently overtook major rival Netflix in terms of the number of subscribers
Billionaire Daniel Loeb stops asking Disney to sell sports channel ESPN
'It's been a great cash flow generator for us, which, as we ramp up with streaming, kind of helps pay the bills,' said Disney's boss.
Disney reportedly considering membership programme akin to Amazon Prime
Members could receive discounts on Disney+ subscriptions, theme park tickets, and merchandise for a monthly or annual fee, though discussions are still in the early stages
Disney gets reprieve in India with new cricket deal
To retain the International Cricket Council (ICC) rights, the broadcaster will pay an additional 92% in rupees, with viewership across matches entirely dependent on India's performance
Disney shares scooped up by activist investor Daniel Loeb’s hedge fund
Key changes including carve out of ESPN suggested by Loeb in letter to Chapek
Disney beats expectations and claims more streaming subscribers than Netflix
The theme parks business was booming again, save for Shanghai which was only open for three days in the quarter due to Covid lockdowns
Disney’s Web3 accelerator fund invests in Polygon blockchain
Programme aims to support Web3, AI and NFT projects
Walt Disney's damaging years under CEO Bob Chapek
Disney Investors have been left grumpy by the 39% slump in the share price this year
Disney could loose half Indian subscribers after losing rights to IPL cricket
HotStar in India provides more than 40mln out of the 137.7mln worldwide total of Disney Plus subscribers
Walt Disney fires TV content boss and backs under pressure CEO
Rice only signed a new contract in August and Disney said it would pay this up
Disney numbers need to reassure investors over streaming longevity
Second-quarter figures come out late tonight and need to be good after Netflix's shocker
Disney hires Google's Jeremy Doig as CTO of streaming operations
The former Google vice president will head Disney's streaming department, overseeing Disney Plus, ESPN Plus, Hulu, and Star Plus
Disney follows Facebook into the metaverse; Mike White to lead the charge
Meta Platforms Inc, formerly known as Facebook, was one of the first large companies to commit to the metaverse. So far its changed its name to Meta and invested over US$10bn on developing its VR world
Disney jumps as streaming delivers forecast-busting earnings
The Disney+ service added 5mln more streamers than expected as earnings surprised analysts
Disney+ ups the ante against Netflix with first live stream
Disney+ had 118mln subscribers at the end of October
Disney Plus subscriptions and theme parks numbers under the microscope as Walt Disney Company reports earnings
New subscriber additions to Disney+ dependent on success of new offerings, as theme parks rebound
Disney appoints Susan Arnold to succeed Bob Iger as chair
"Susan is the perfect choice for chairman of the board, and I am confident the company is well-positioned for continued success under her guidance and leadership," Bob Iger said.
What does the future hold for Disney Plus as subscriber growth screeches to halt?
“The streaming pandemic party has firmly come to an end for Disney,” said analyst Paolo Pescatore.
Disney shares fall as Marvel movie schedule stalls
The whole of the 2022 Marvel release schedule has been set back
Disney beats expectations as theme parks, stores reopen
Meanwhile, streaming services Disney+, ESPN+ and Hulu have racked up nearly 174mln subscribers in total
Disney sued by Scarlett Johansson over Black Widow release on Disney+
The Hollywood actor is claiming that the decision of the media giant to release the superhero epic simultaneously on its streaming service and in cinemas deprived her of potential earnings
‘Black Widow’ box office debut raises hopes of rebound for AMC and Cineworld
The latest instalment of the Marvel movie franchise starring Scarlett Johansson reportedly grossed US$80mln in the US and Canada in its opening weekend, a high water market for the box office during the pandemic
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Wall Street enjoys banner Friday despite retail sales disappointment
Tesla and Facebook each added more than 3% as tech stocks broadly outperformed
Disney stock retreats as streaming disappointment overshadows earnings boost
Quarterly earnings beat expectations but streaming subscribers fell short of forecasts.
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Wall Street finishes higher following better than expected jobs data
Market sentiment picked up on Thursday, allowing the main indices in New York to stage a rebound
Five things to look for as Disney releases second-quarter earnings
Investors will obviously look to the performance of Disney+ and the reopening of the theme parks, but some cheeky dividend news will also be well received
Disney sees Disney+ subscribers trebling in a year
The streaming service helped offset losses in other parts of the business as COVID-19 closures caused a US$2.6bn hit on profits in the parks segment
Disney plans massive expansion of content as Disney+ subscriber numbers smash forecasts
The entertainment giant now expects the streaming platform to amass 230mln-260mln subscribers by 2024, well above its initial forecasts of 60mln-90mln
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US stocks close mixed session on stimulus impasse
The S&P 500 fell for its 3rd-straight day to close out a losing week
Disney increases planned layoffs as pandemic hits theme parks
The house of mouse said it is planning to cut 32,000 jobs in the first half of next year, up from 28,000 layoffs announced in September
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US stocks close higher as investors move to coronavirus-vaccine benefiting stocks
The DJIA gained 4% for the week following news Monday that Pfizer's vaccine was more than 90% effective in trial
Disney losses lower than feared as streaming service growth tops estimates
The media giant's paid streaming platform, Disney+, reported 73.7mln subscribers at the end of its fourth quarter, a breakneck pace of growth following its US launch in November last year
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US stocks close down sharply as rising coronavirus cases spark economic-slowdown fears
Equities turned even lower after Federal Reserve Chairman Jerome Powell said the US economic outlook remained uncertain even after positive vaccine news earlier this week
Disney looks to boost streaming services with media and entertainment restructuring
Under the plans, the media giant said it will separate content production from distribution in a bid to be more responsive to consumer demands
Walt Disney stock rallies as Disney+ streaming growth paints silver lining on third quarter
Across all platforms, Disney now has over 100mln streaming customers and more than 60mln of those signed up to Disney+ following its launch last year.
Disney strips ads from Facebook to join growing boycott over handling of hate speech, WSJ reports
Disney was the social media company's largest US advertiser, according to media reports
Tears for ears - Disney profits collapse as coronavirus closed theme parks, cinemas and sports
Disney has axed a US$1.6bn dividend whilst estimating a US$1bn loss for its theme park businesses alone.
Walt Disney Co.’s boss of 15 years nominates successor as he heads for the exit
Bob Iger is replaced by Bob Chapek, who has been at Disney for 27 years
Disney's revenues jump as streaming service makes stunning launch
Revenue for the quarter to 28 December jumped 36% to US$20.8bn helped by 26.5mln new subscribers
Disney+ streaming service exceeds expectations with 10mln sign-ups
The results were achieved despite technical glitches on launch day which brought over 7,000 people issuing formal complaints
Disney gets revenue boost from film revamps, parks but streaming service costs weigh on earnings
Revamps of The Lion King, Toy Story 4 and Aladdin drove a 52% rise to US$3.3bn in studio entertainment revenues, offset by spending on streaming services
BT faces extra pressure on dividend from Virgin Media fibre acceleration
BT's Openreach has "little choice but to accelerate" its fibre broadband rollout in order to gain scale quickly amid reports that Virgin Media is seeking to expand its fibre footprint
Netflix subscriber miss could place ITV in the takeover crosshairs
Analysts at Liberum said that the FTSE 100 broadcaster would be an "obvious" acquisition option for the streaming giant due to its substantial content production arm, ITV Studios
Rival streaming services could cost Netflix 65% of its viewing hours, says Wedbush
The launch of rival streaming services by the likes of Disney and NBCUniversal was expected to result in a slow bleed of content away from Netflix's service
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Ted Baker tumbles to seven-year low as HSBC slashes target
A look at the day's major movers, including Ted Baker, IAG, easyJet, Bagir, Blue Prism, EVR, Blackbird, Nu-Oil & Gas, Anglo Asian Mining and Petrel Resources
Wall Street finishes in the green thanks to late surges from Qualcomm, Boeing
Qualcomm settled with Apple, and Boeing inked a major defense contract, giving the major indices a much-needed afternoon boost
Disney to launch streaming service with Marvel and Star Wars spin-offs at nearly half the price of Netflix
Disney Plus will be available in the US on November 12 at a price of US$6.99 a month, nearly half Netflix’s standard US$12.99 plan
Hardware & electrical equipment
FAANG Report: Google overhauls sexual harassment policy; Netflix ready for streaming battle with Disney
Facebook making available a feature to unsend messages, but only for 10 minutes
European Commission seeks input on investigation into Disney pay-TV commitments
The watchdog said it was concerned that clauses in contractual deals between six film studios, including Disney and Sky, could prevent programmes being shown across borders
Early Movers: Disney in focus as 'Black Panther' and 'Incredibles 2' power quarterly profits while Yelp plunges
Finisar, which provides parts to Apple, is also pushing higher on news of its takeover by II-VI
Sky's contracts with Disney at risk after Comcast takeover
Berenberg said: "Disney missed buying Sky and competes with Comcast. Disney now doesn’t have any incentive to renew its programming deals with Sky unless it’s on extremely good financial terms”
Disney makes concessions as it seeks European approval for US$71bn Fox takeover
The proposals were submitted on Friday, although no details have been released so far as to what the concessions might be
James Murdoch steps down from Sky board after Comcast completes takeover
Comcast now owns 76.84% of Sky after successfully outbidding Fox in an auction to take over the broadcaster last month
ITV could fetch £245mln for sale of London south bank headquarters, say analysts
Liberum said ITV could use the proceeds of the disposal to reduce debt, return cash back to shareholders, support mergers and acquisitions, for investments