Disney (DIS) is reining in its spending after the company reported weak fourth quarter earnings, which sent the stock plummeting to a new 52-week low as investors zeroed in on the media giant’s ...
Tag: Disney
Disney Plans Job Cuts And Hiring Freeze; CEO Bob Chapek Anticipates ‘Tough And Uncomfortable Decisions’
Amidst economic uncertainty, Walt Disney Co (NYSE: DIS) is reportedly planning to freeze hiring and cut some jobs. In addition, the media conglomerate has reported its quarterly results with an operat...
The Best New Movies And Shows To Stream On Netflix, Amazon Prime, HBO, Hulu, Disney+, Apple TV+ And Mubi This Weekend
HOLLYWOOD, CA – MARCH 04: Emily Blunt attends the 90th Annual Academy Awards at Hollywood & … [+] Highland Center on March 4, 2018 in Hollywood, California. (Photo by Christopher Polk/...
Disney plans hiring freeze, job cuts, memo says
Disney plans to institute a targeted hiring freeze as well as some job cuts, according to an internal memo sent to executives. “We are limiting headcount additions through a targeted hiring free...
Disney+ Hops On Latest Streaming Trend: New Value-Added Features
Disney+ is testing a new e-commerce feature. SOPA Images/LightRocket via Getty Images The disappointing numbers reported by Walt Disney in Tuesday’s earnings call prompted distress on Wall Street, whe...
Disney Disappoints and I Want Out: Here’s How to Trade It Now
On Tuesday evening, The Walt Disney Company (DIS) released the firm’s fiscal fourth quarter financial results. To say that Disney had an absolutely awful quarter would be to understate reality. ...
buy Disney stock on recent sell-off for a 33% return
Walt Disney Co (NYSE: DIS) lost nearly 15% on Wednesday after reporting a terrible fourth-quarter and disappointing on guidance for fiscal 2023. But the sell-off, as per a Bank of America analyst, has...
Disney lays out key ‘levers’ to combat recession impact as theme parks weaken
Disney (DIS) laid out key levers it can pull to help battle a potential recession — as the media giant’s theme parks business showed signs of weakness in the fourth quarter. On the earnings call...
Disney, AMC, Affirm, and more
Disney (DIS): Despite reporting record full-year sales, Disney shares fell 6% in extended trading after missing on both the top and bottom lines in its fiscal fourth quarter. The company posted adjust...
Disney stock drops after reporting wider streaming loss, earnings miss
Disney (DIS) reported fiscal fourth-quarter earnings on Tuesday after the bell, missing on both the top and bottom lines. Macroeconomic challenges, including the global advertising slowdown, weighed o...
Disney+ adds whopping 12.1 million subs in Q4 but investors aren’t happy
Shares of Walt Disney Co (NYSE: DIS) lost as much as 10% in extended trading after the entertainment conglomerate said it missed both on top and the bottom line in its fourth financial quarter. DTC to...
Disney (DIS) earnings Q4 2022
View of the Walt Disney statue in front of Cinderella Castle inside the Magic Kingdom Park at Walt Disney World Resort in Lake Buena Vista, Florida. Getty Images All eyes will be on Disney‘s str...
Oil, Club news, Disney earnings
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Oil in focus Quick mention...
How Streaming Services Are Bundling Like Cable Networks Used To
Bundle Together: Streaming Platforms Control Costs To Compete Getty Images Streaming providers have been taking a page out of cable’s playbook by bundling options as more choices threaten to ove...
Disney overtook Netflix as the streaming leader, and is expected to widen the lead
Walt Disney Co. displaced Netflix Inc. as king of the video-streaming market, and it is expected to widen the gap. Disney DIS, +0.33% seized the mantle three months ago as its potent content troika of...
Yes, ‘Andor’ Season 2 Is Guaranteed, And Disney Should Let The Team Do Whatever They Want After
Andor Disney Plus Hopefully you have heard by now that even if you have hated/ignored most of the Disney era of new Star Wars content, that Andor is something special. The series, which did not seem l...
The Best New Movies And Shows To Stream On Netflix, Amazon Prime, Hulu, HBO, Disney+, Apple TV+ And Mubi This Weekend
British singer-actor Harry Styles arrives for the premiere of My Policeman during the Toronto … [+] International Film Festival in Toronto, Ontario, Canada, on September 11, 2022. (Photo by Geof...
Disney+ subscribers are getting early access to exclusive merchandise
In this photo illustration a close-up of a hand holding a TV remote control seen displayed in front of the Disney+ logo. Thiago Prudencio | SOPA Images | LightRocket | Getty Images Can Disney convert ...
Guests Trapped In Disney On Halloween As China Locks Down Theme Park Over Covid Scare
Topline Shanghai’s Disney Resort unexpectedly closed its doors on Monday after officials tightened Covid restrictions, trapping guests inside as cases across China climb and patience over Beijing̵...
The Best New Movies And Shows To Stream On Netflix, Hulu, HBO, Disney+, Apple TV+, Paramount+, And Mubi This Weekend
BEVERLY HILLS, CALIFORNIA – FEBRUARY 09: Aubrey Plaza attends the 2020 Vanity Fair Oscar Party … [+] hosted by Radhika Jones at Wallis Annenberg Center for the Performing Arts on February ...
Who Owns Voice And Image Artificial Intelligence Rights?
Darth Vader Getty Images With the advent of the ability of artificial intelligence (“AI”) to alter an individual’s voice and image (whether in deepfakes or expressly fictional works)...
‘Lion King’ Actor Claims Disney Fired Him After He Reported Sexual Harassment And Took Paternity Leave
Topline An actor in the national tour of The Lion King sued Disney and individual employees Thursday after he was terminated in 2020, alleging the company discriminated against him for taking paternit...
Will 100% Growth Year-on-Year Help Disney Stock Price Regain All-time High in Next 365 Days?
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Inside Upper Deck’s Strategy To Combine Digital And Physical Collectibles
Hockey Cards, part of the ePack program from Upper Deck Upper Deck The last few years have been very good for the collectibles industry and Upper Deck, the Carlsbad, California-based trading card comp...
Disney stock price forecast: Wells Fargo sees a 40% upside
Walt Disney Co (NYSE: DIS) ended roughly flat on Monday even after a Wells Fargo analyst said it was his top pick in media stocks. Disney stock could climb to $145 Things will be more exciting, though...
Netflix-Ubisoft, Disney-Nintendo And The Mega Media Mergers We Don’t Need
Mario Universal Consolidation is happening all across the video game industry, with massive publishers devouring smaller ones on a nearly monthly basis, and it can often feel like we are heading towar...
The Best New Movies And Shows To Stream On Netflix, Amazon, Hulu, HBO, Disney+, Apple TV+, Paramount+ And Mubi This Week
CANNES, FRANCE – MAY 19: Lea Seydoux attends the “It’s Only The End Of The World (Juste La Fin Du … [+] Monde)” Photocall during the 69th annual Cannes Film Festival at t...
Disney Music Group and Obsess Team Up to Launch the Disney Music Emporium Virtual Experience
Immersive Web3 Experience Celebrates the Wonder of Disney Music BURBANK, Calif. & NEW YORK–(BUSINESS WIRE)–Disney Music Group and leading experiential e-commerce platform Obsess today announced th...
What Netflix’s earnings beat tells us about Club holding Disney
Investors in Club holding Disney (DIS) appear to have been encouraged by streaming competitor Netflix ‘s (NFLX) better-than-expected third-quarter results Wednesday — a sentiment that’s no...
Disney stock tumbles to worst day since 2001 after ‘massive earnings downgrade’
Walt Disney Co. has a profit problem, and that’s helped send shares of the media giant to their worst daily performance in more than two decades. Though Disney DIS, -13.16% notched record sales during...