Disney CEO Bob Iger wants fresh Marvel superhero slate

Cassie Lang (Kathryn Newton) and Scott Lang (Paul Rudd) in “Ant-Man and the Wasp in Quantumania.” Disney After a fourth Thor movie and a third standalone Ant-Man film, even Disney CEO Bob ...

ESPN wants to be the hub of all live sports streaming

Disney‘s ESPN wants to be the hub for all live sports streaming — even for its competition. The sports network has held conversations with major sports leagues and media partners about launching...

‘Ant-Man and the Wasp: Quantumania’ box office declines

Marvel Studios’ “Ant-Man and the Wasp: Quantumania.” Disney Not every Marvel movie can be “Avengers: Endgame.” That’s the sentiment from box office analysts after t...

After split with Kanye West, UK audio startup Kano asks for funding

Kanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif. Evan Agostini | Invision | AP British audio and computing hardware startup Kano is planning to raise equity ...

Movie theaters are evolving, not dying

Girl watching a comedy movie at the cinema with her friend. Rgstudio | E+ | Getty Images LOS ANGELES — The movies are still big. It’s the multiplexes that are getting smaller. Since 2019, the nu...

Layoffs spread, but some employers can’t hire fast enough

A sign for hire is posted on the window of a Chipotle restaurant in New York, April 29, 2022. Shannon Stapleton | Reuters Job cuts are rising at some of the biggest U.S. companies, but others are stil...

Quantumania’ wins big at box office

Paul Rudd is Scott Lang, aka Ant-Man, alongside Johnathan Majors as Kang the Conqueror in “Ant-Man and the Wasp in Quantumania.” Disney Disney and Marvel Studios’ “Ant-Man and ...

‘Ant-Man and the Wasp in Quantumania’ eyes $100 million opening

Marvel Studios’ “Ant-Man and the Wasp: Quantumania.” Disney Disney’s “Ant-Man and the Wasp in Quantumania” collected $17.5 million in Thursday night previews on its...

Markets fall on hot economy, chance of 0.5% rate hikes

James Bullard, president of Federal Reserve Bank of St. Louis, at the Jackson Hole economic symposium, in Moran, Wyoming, U.S., on Thursday, Aug. 22, 2019. David Paul Morris | Bloomberg | Getty Images...

Paramount plans streaming price increases

Paramount Global said it saw its streaming business grow during the fourth quarter, and announced plans to increase prices for Paramount+ this year. Despite adding more streaming customers, Paramount ...

Americans are spending despite high inflation. That means rate hikes

Fresh economic data this week shows Americans are shopping more than expected at the start of the year, even as prices continue to rise. That may be good news for some of the Club’s retail holdi...

Ant-Man and the Wasp in Quantumania gets bad reviews

Paul Rudd is Scott Lang, aka Ant-Man, alongside Johnathan Majors as Kang the Conqueror in “Ant-Man and the Wasp in Quantumania.” Disney Are the pint-sized heroes of Disney’s “A...

Diamond Sports prepares for possible bankruptcy

The Ohio Cup Trophy on top of a Bally Sports logo prior to a game between the Cincinnati Reds and Cleveland Guardians at Progressive Field on May 17, 2022 in Cleveland, Ohio. George Kubas | Diamond Im...

NBC wants the NBA back

Cue up John Tesh’s “Roundball Rock” – “The NBA on NBC” may be returning, if NBC Sports gets its way. Comcast‘s NBCUniversal is preparing to make a bid to win back N...

AI is dominating the action in the stock market right now

OpenAI, the developer of ChatGPT, is receiving billions of dollars in funding from Microsoft Corp. MSFT, -0.20%. The rollout of this new technology has been followed by similar efforts by Alphabet Inc...

Bob Iger signals Disney Hulu strategy shift

Disney CEO Bob Iger’s apparent openness to selling Hulu marks a stark reversal in strategy for the company — and an even more surprising shift if Iger sells the streaming service to Comcast. Ige...

Stocks drop as Treasury yields widen their inversion

Traders work on the floor of the New York Stock Exchange (NYSE) on June 27, 2022 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our new, internationa...

Disney has more upside thanks to Bob Iger’s turnaround plan

CNBC’s Jim Cramer on Thursday said that he’s bullish on Disney after the company announced a robust restructuring and cost-cutting plan.  “Disney finally feels like it’s back o...

The U.S. economy gives conflicting signals

Traders work on the floor of the New York Stock Exchange (NYSE) on July 25, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, o...

Disney proxy fight is over, Nelson Peltz says

Nelson Peltz declared his proxy fight with Disney was over Thursday after the entertainment giant unveiled a vast restructuring plan, cost cuts and 7,000 layoffs. “Now Disney plans to do everyth...

Everything is on the table now with Hulu, Disney CEO Iger says

Disney CEO Bob Iger said Thursday that “everything is on the table” with streaming service Hulu. Disney owns two thirds of the streaming service, which focuses on more adult-oriented gener...

Disney CEO Bob Iger says he prefers to stay only two years

Disney CEO Bob Iger appeared on CNBC’s “Squawk on the Street” Thursday following the company’s announcement it would cut 7,000 jobs and slash $5.5 billion in costs as part of a...

Tapestry, Credit Suisse, Disney and more

CNBC: Coach Store Harry Reid International Airport A Coach store inside Harry Reid International Airport.  Check out the companies making the biggest moves in premarket trading: Tapestry — The company...

Disney announces layoffs, reorganization, cost cuts

Disney said Wednesday it is planning to reorganize into three segments, while also cutting thousands of jobs and slashing costs. The media and entertainment giant said it would now be made up of three...

Disney CEO Bob Iger puts turnaround plans in place after a solid quarter

Disney (DIS) reported a stronger-than-expected fiscal 2023 first quarter after the closing bell Wednesday, and Bob Iger struck the right tone on his first conference call since returning as CEO, prior...

Disney (DIS) earnings Q1 2023: Bob Iger returns

LOS ANGELES – Smaller subscriber losses and a beat on the top and bottom lines were the highlights of Disney‘s fiscal first-quarter earnings report. While the company’s linear TV and direc...

Stocks moving big after hours: DIS, MAT, WYNN

Barbie dolls in the Mattel display at the annual Toy Fair in New York. Stan Honda | AFP | Getty Images Check out the companies making headlines in extended trading. Disney — Shares of the entertainmen...

What will TV be like in three years? Insiders predict future

Illustration by Elham Ataeiazar The media industry is in the middle of change. There’s little doubt legacy cable TV will continue to bleed millions of subscribers each year as streaming takes ov...

The Way of Water’ tickets were for 3D

Avatar: The Way of Water Courtesy: Disney Co.  As Disney and James Cameron’s “Avatar: The Way of Water” climbs its way up the box office ladder — as of Monday, it was just shy of bec...

Big Tech added to a shrinking forecast, but maybe Bob Iger can brighten the mood

Wall Street’s expectations for 2023 have been diving as forecasts for the new year come in light, and the news could get worse once they factor in disappointing results from Big Tech. But at least Bob...

Sell some shares in this bull market

CNBC’s Jim Cramer on Friday advised investors to ring the register on some of their positions to take advantage of the bull market.  “I don’t know if we can continue this week’...

Disney pressured to replace Michael Froman with Nelson Peltz

Nelson Peltz David A. Grogan | CNBC The proxy battle between Disney and activist investment firm Trian Management LP is heating up ahead of the company’s annual shareholder meeting. Earlier in J...