Disney+

On Wednesday, The Walt Disney Company (NYSE: DIS) reported a mixed fiscal third quarter. Although its flagship sports network ESPN struck a $2 billion deal with Penn Entertainment Inc (NASDAQ: PENN) to launch ESPN Bet, a branded sportsbook, Disney is facing a streaming slowdown while...

The Walt Disney Company (NYSE: DIS) has announced a noteworthy 27% increase in its ad-free Disney+ subscription cost.  What Happened: Starting Oct. 12, the ad-free subscription plan for Disney+ will significantly surge its monthly cost, escalating from the current $10.99 to $13.99 per month....

Media giant The Walt Disney Company (NYSE: DIS) reported third-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Disney reported third-quarter revenue of $22.33 billion, which was up 4% year-over-year. The revenue missed a Street consensus...

McDonald’s (NYSE:MCD) may soon introduce a “Loki”-themed sweet and sour sauce, a viral TikTok video suggests, reports Business Insider. McDonald’s hinted at an upcoming promotion for Aug. 14, linked to the Disney+ series “Loki.” While the post refrained from...

Media giant The Walt Disney Company (NYSE: DIS) is set to report third-quarter financial results after the market close Wednesday. Here are the earnings estimates, analyst ratings and key items for investors to watch. Earnings Estimates: Analysts expect Disney to report revenue of $21.82...

Apple Inc.’s (NASDAQ:AAPL) first-generation mixed-reality headset, the Vision Pro, has made significant ripples in the market, but one major streaming player, Netflix, Inc. (NASDAQ:NFLX), might not develop a native app.  What Happened: In his recent “Power...

The media industry is going through a major event with both writers and actors agreeing to strike over wages and working conditions. The double strike is the first time that both parties have joined the picket lines since 1960. One media executive's criticism of the timing of the strike has led...

This story was first published on the Benzinga India portal. Alphabet Inc-owned (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has clarified that an Indian court’s recent directive preventing the removal of Disney’s local streaming service, Disney+ Hotstar, from the Play...

On Thursday, Bob Iger, CEO of Walt Disney Co (NYSE:DIS), announced a significant reduction in the production of Marvel Studios and Lucasfilm franchises, as part of the company’s cost containment initiative. What Happened: Disney is pulling back on its production of Marvel and Star Wars...

Investors of The Walt Disney Company (NYSE: DIS) announced in November 2022 that CEO Bob Chapek would be replaced by former CEO Bob Iger.  Here's a look at how Disney stock performed during Iger's previous time running the media giant.  What Happened: Less than a year after...

The 2023 Emmy Award nominations were announced Wednesday and showed again that streaming platforms continue to be well received by critics, leading the way in the awards race. Here’s a look at the top nominated streaming platforms and some surprises. What Happened: The 2023 Emmy Awards could...

Mass media and entertainment conglomerate The Walt Disney Company (NYSE: DIS) has seen shares fall in 2023 amid worries about its box office, streaming platform and advertising revenue. The drop comes with former CEO Bob Iger back in charge of the House of Mouse. Box office anxieties have been...

Did Walt Disney Company’s (NYSE:DIS) Disney+ remove the controversial and unsuccessful film “Lightyear” from its library? Not quite. Amid online chatter about the streaming giant allegedly removing the animated feature from its movie shelf, here’s what actually happened....

Walt Disney Co‘s (NYSE:DIS) Disney+ Hotstar is bearing the brunt as Reliance Industries, owned and led by India's richest man Mukesh Ambani, amped up its game against global streaming giants with its subsidiary JioCinema. What Happened: Data obtained by CNBC-TV18 earlier...

This story was originally published on the Benzinga India portal. Disney+ Hotstar, a leading streaming platform in India, has lost nearly 8.4 million subscribers in the past six months, according to data from CNBC-TV18. Walt Disney Co. (NYSE: DIS) reported a 2% drop in overall Disney+ subscribers,...