Disney Chief Executive Bob Chapek said Thursday that the company’s sports network ESPN is looking for a partner to help it step into sports gambling. “We at ESPN have the ability to do tha...
Tag: Walt Disney Co
Warner Bros. Discovery CFO calls company’s HBO Max and Discovery+ ‘underpriced,’ suggesting price hikes may be coming
‘House of the Dragon’ series logo displayed on a phone screen and HBO Max website are seen in this illustration photo taken on August 16, 2022. Jakub Porzycki | Nurphoto | Getty Images Str...
Still oversold, buy Starbucks, ESPN’s future
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 Monday’s key moments. Stocks add to last weekR...
Carvana, Bristol-Myers Squibb, Alphatec and more
Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Check out the companies making headlines before the bell Monday. Carvana — Shares of the online car seller rose more than 7% in the premarket after Piper S...
These three potential ‘naked swimmers’ threaten stocks and financial markets
Following a hat trick for all three major indexes last week, both optimism and trepidation are in the air as a new trading stretch begins. But some, like the Kobeissi Letter’s editor in chief and foun...
Loeb reverses course on push to get Disney to spin off ESPN
Dan Loeb Justin Solomon | CNBC Activist investor Dan Loeb indicated that he’s going to retreat from his push to get Disney to spin off ESPN, reversing a position he had pushed less than a month ...
Everything we learned at Disney’s parks panel at the 2022 D23 Expo
A masked family walks past Cinderella Castle in the Magic Kingdom, at Walt Disney World in Lake Buena Vista, Fla. Orlando Sentinel | Tribune News Service | Getty Images Disney‘s theme parks are ...
Disney reveals Marvel Cinematic Universe updates at D23 Expo
The Disney+ Marvel website home screen on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Hot on the heels of San Diego Comi...
Everything we learned about Disney’s plans for Lucasfilm at the D23 Expo
Adam Driver as Kylo Ren in “Star Wars: The Force Awakens.” Disney It’s been almost four years since a Star Wars film has been released in theaters, but the long-running franchise has...
Everything we learned at D23 Expo′s Pixar and Walt Disney Animation panel
In this photo illustration a Pixar Animation Studios logo is seen on a smartphone screen. Sopa Images | Lightrocket | Getty Images The Walt Disney Company revealed new information about its upcoming s...
Moviegoing won’t return to pre-pandemic levels, says Disney’s Bob Iger
Robert Iger attends the Stella McCartney “Get Back” Capsule Collection and documentary release of Peter Jackson’s “Get Back” at The Jim Henson Company on November 18, 202...
Saudi Arabia, GCC demand Netflix remove content that ‘violates Islamic values’
Jakub Porzycki | Nurphoto | Getty Images Saudi Arabia and five other Gulf Arab countries issued a joint statement demanding that Netflix remove content they say “violates Islamic and societal va...
Target CEO Brian Cornell to stay on for three more years, as company scraps retirement age
Brian Cornell, Chairman and Chief Executive Officer of the Target Corporation. Anjali Sundaram | CNBC Target CEO Brian Cornell has agreed to stay on in his role for about three more years, as the reta...
Dan Lin won’t take DC film and TV boss role at Warner Bros. Discovery
Producer Dan Lin attends the premiere Of Warner Bros. Pictures’ “The LEGO Batman Movie” at Regency Village Theatre on February 4, 2017 in Westwood, California. Todd Williamson | Gett...
Only 4 big movies left in 2022
Set more than a decade after the events of the first film, “Avatar: The Way of Water” tells the story of the Sully family. Disney The 2022 box office is a Hollywood underdog story come to ...
Nationwide $3 movie deal draws record customers on National Cinema Day
An AMC movie theater in New York. Scott Mlyn | CNBC A $3 movie ticket promotion meant to boost sales across cinemas during a typically sleepy weekend for the business has drawn in 8.1 million customer...
Okta, Nutanix, Five Below and more
The inside of one of Five Below’s existing locations. Five Below Check out the companies making headlines after hours. Pure Storage — The tech stock jumped 7% after the data storage developer su...
Netflix may have a familiar price in mind for its ad-supported streaming service
Netflix Inc. may aim to charge customers a familiar price for its first ad-supported streaming option, according to a report. Bloomberg News reported Friday afternoon that Netflix NFLX, -4.57% executi...
House of the Dragon and Rings of Power are coming: What’s at stake
Promos for HBO MAX Game of Thrones: House of the Dragon (L), and Prime Video Lord of the Rings: The Rings of Power. HBO Max | Amazon As summer comes to an end, two expensive fantasy series filled with...
Disney CEO Chapek distances himself from Iger with Disney+ price decision
Disney Co. executives CEO Bob Chapek, left, and Bob Iger, executive chairman, deliver remarks at Cinderella Castle at the Magic Kingdom during the rededication ceremony marking the 50th anniversary of...
Here’s why HBO Max is pulling dozens of films and TV series
Warner Bros. Discovery‘s HBO Max is removing 36 movies and TV series from its platform. There are three main reasons why it’s happening. The films and series − which include 20 original HB...
Amazon’s Thursday Night Football begins new era of NFL streaming
Patrick Mahomes #15 of the Kansas City Chiefs Jamie Squire | Getty Images Sport | Getty Images To the joy and frustration of football fans across the United States, the era of National Football League...
3 takeaways from the Investing Club’s ‘Morning Meeting’ on Tuesday
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: We want growth without inf...
No Way Home’ return to theaters
Tom Holland stars as Peter Parker in “Spider-Man: No Way Home.” Sony Spider-Man, the Na’vi and a ragtag group of galactic rebels are making their way back to theaters at the end of t...
Disney, Poshmark, Vroom and more
Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Check out the companies making headlines in midday trading Monday. Poshmark — Shares of the ...
Pick up these four stocks if the market goes down on Friday
CNBC’s Jim Cramer offered a list of stocks to buy on Friday if the market declines. “I was very disappointed in the performance of the tech stocks today … That said, I think the market wil...
Disney is raising prices, but this time, don’t blame inflation
Another major American company is raising prices again, but this time, don’t blame inflation. Disney is increasing the price on its streaming products and signaled that a price hike could be in ...
The CEOs of Disney and Devon Energy deliver upbeat outlooks to CNBC
The CEOs of two Club holdings spoke to CNBC on Thursday: Walt Disney Co. ‘s (DIS) Bob Chapek and Devon Energy’s (DVN) Rick Moncrief. Here what you need to know: Disney CEO Disney’s t...
4 takeaways from the Investing Club’s ‘Morning Meeting’ on Thursday
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 Thursday’s key moments. July’s soft PPI is ...
Six Flags, Disney, Sonos and more
Customers are socially distanced on rides like the Wonder Woman: Lasso of Truth at Six Flags Great Adventure in Jackson, New Jersey. Kenneth Kiesnoski/CNBC Check out the companies making headlines in ...
Six Flags, Canada Goose, Warby Parker and more
Check out the companies making headlines before the bell: Six Flags (SIX) – The theme park operator’s stock tumbled 12.8% in the premarket after its quarterly profit and revenue fell well short ...
Disney raises prices for streaming services
Disney unveiled a new pricing structure that incorporates an advertising-supported Disney+ as part of an effort to make its streaming business profitable. Starting Dec. 8 in the U.S., Disney+ with com...