[ad_1] Disney announced a more ambitious plan for companywide cost cuts and sharply narrowed losses in its streaming business, making progress in two areas that Chief Executive Bob Iger has…
Tag: Cable Broadcasting
Warner Gets Too Real About Advertising Meltdown
[ad_1] Even “Barbie” can only glam up her maker so much these days. Warner Bros. Discovery got a boost from the year’s biggest box-office hit during the third quarter. Its…
Disney Names PepsiCo Executive Hugh Johnston as Its New Financial Chief
[ad_1] Updated Nov. 6, 2023 10:24 am ET Walt Disney has named Hugh Johnston senior executive vice president and chief financial officer, tapping the PepsiCo veteran to help the entertainment…
Disney to Pay Comcast’s NBCUniversal at Least $8.61 Billion for Its Stake in Hulu
[ad_1] Updated Nov. 1, 2023 5:11 pm ET Disney said Wednesday it expects to pay Comcast’s NBCUniversal at least $8.61 billion for its stake in Hulu, as the companies continue…
Hollywood Actors, Studios to Restart Contract Negotiations
[ad_1] The Hollywood actors union and major studios and streamers said Saturday they are returning to the negotiating table in an effort to end a monthslong strike that has brought…
Disney Sheds New Light on ESPN’s Financial Challenges
[ad_1] Profits from Disney’s sports segment, home to ESPN, declined 20% in the first nine months of its fiscal year, according to a new filing Wednesday that offers a clearer…
Netflix Will Lead Streamers Into Uncharted Territory
[ad_1] Investors want more price hikes, but rising costs and strike delays mean less content will be coming. [ad_2] Source link
Disney Agonized About Sports Betting. Now It’s Going All In.
[ad_1] Listen to article (2 minutes) In early 2019, an analyst asked Disney Chief Executive Bob Iger if sports betting could coexist with the House of Mouse’s brand. He said…