Bob Chapek, Disney Jeff Gritchen | MediaNews Group | Orange County Register via Getty Images Disney has extended CEO Bob Chapek’s contract for three more years, the company announced Tuesday. &#...
Tag: Walt Disney Co
Nike, Boston Beer, Disney and more
Disney store is seen in Times Square, New York City. Nick Pfosi | Reuters Check out the companies making headlines in midday trading. Nike — Shares of Nike fell more than 5% even after the company top...
Companies forced to weigh in on privacy, health care
Pro-choice activists are seen outside of the US Supreme Court in Washington, DC on June 15, 2022. Mandel Ngan | AFP | Getty Images The challenges posed by the end of Roe v. Wade are only just beginnin...
Disney, Apple and Amazon keep waiting as NFL considers Sunday Ticket offers
DK Metcalf, of the Seattle Seahawks, during a Meet & Greet with DIRECTV NFL SUNDAY TICKET subscribers at the DIRECTV NFL SUNDAY TICKET Lounge on Saturday Feb. 1, 2020, in Miami, FL. Peter Barreras...
Disney sends memo to employees
Disney store is seen in Times Square, New York City. Nick Pfosi | Reuters Disney sent an internal memo to employees Friday, assuring them it will help pay for pregnancy-related care if they have to tr...
Maverick’ sets sights on $1 billion global box office haul
Tom Cruise in “Top Gun: Maverick” Source: Paramount “Top Gun: Maverick” continues to break barriers at the box office. The Paramount and Skydance sequel to the 1986 hit “...
Pixar film nabs $51 million in domestic opening
Chris Evans voices Buzz Lightyear in Pixar’s “Lightyear.” Disney Pixar’s “Lightyear” rocketed to a $51 million domestic opening, the best performance of an animated...
‘Lightyear’ movie ban won’t have major impact on global box office
Buzz Lightyear and his robot companion Sox embark on an intergalactic adventure in Pixar’s “Lightyear.” Disney More than a dozen Asian and Middle Eastern countries will not releases ...
Will Netflix stop binge releases like Stranger Things? Experts weigh in
A scene from Netflix’s “Stranger Things”. Source: Netflix Could Netflix ditch its binge-release model? Stranger things have happened. The all-at-once release strategy for television ...
United Arab Emirates bans Pixar’s new Buzz Lightyear movie from theaters
Tim Allen and Tom Hanks voice Buzz Lightyear and Sheriff Woody in Pixar’s “Toy Story.” Disney DUBAI, United Arab Emirates — Disney Pixar’s animated movie “Lightyear”...
Netflix considers ads, password sharing crackdown, live sports
Reed Hastings, co-founder and chief executive officer of Netflix Inc., during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, Oct. 18, 2021. Kyle Grillot | Bloomb...
Beijing, Shanghai reimpose some bans
People wait in line for nucleic acid tests to detect COVID-19 at a testing site on June 9, 2022, in Beijing, China. China says it has generally controlled recent outbreaks in Beijing after hundreds of...
Disney fires TV content chief Peter Rice as board backs CEO Bob Chapek
LOS ANGELES — Disney has abruptly fired Peter Rice, its most senior television content executive, multiple sources told CNBC on Thursday, while the company’s board expressed support for CEO Bob ...
Critics call blockbuster ‘worst’ in franchise
Still from Universal Studio’s “Jurassic World: Dominion” NBCUniversal “Jurassic World: Dominion” may score to top spot at the domestic box office this weekend, but lacklu...
China tries to shake off the worst of the pandemic
A handful of tourists visit the normally packed Yuyuan Garden during the Dragon Boat Festival holiday on June 4, 2022, in Shanghai, where authorities are allowing a return to normal life and business ...
ESPN executive Dave Roberts pushes for more diversity
Dave Roberts Provided by ESPN Dave Roberts is a creature of habit. The ESPN executive, who has emerged as an influential force behind the scenes at the network, prefers to take business meetings at th...
Star Wars is mostly TV now, fans are cool with that, love Obi-Wan Kenobi
Ewan McGregor reprises his role as Obi-Wan Kenobi in the new Disney+ series “Obi-Wan Kenobi.” Disney ANAHEIM, California – By the time Oscar-winning filmmaker Taika Waititi’s untitle...
Netflix and rivals enter pivotal second act of streaming wars saga
Reed Hastings, Co-CEO, Netflix speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S. October 18, 2021. David Swanson | Reuters The media and entertainment industry p...
Electronic Arts, VMWare, GameStop and more
Take a look at some of the biggest movers in the premarket: Electronic Arts (EA) – The video game maker’s shares rose 2.5% in the premarket after Puck News reported that the company was actively...
Luka Doncic, Ja Morant, Warriors put NBA in strong media rights position
Ja Morant #12 of the Memphis Grizzlies drives to the basket to shoot against the Golden State Warriors in the second half of Game Three of the Western Conference Semifinals of the NBA Playoffs at Chas...
Weee taps Crazy Rich Asians director Jon M. Chu in push for grocery growth
Online grocery delivery start-up Weee! encourages customers to share videos of recipes and favorite items on its app. It specializes in hard-to-find Asian foods, along with fruits, vegetables and othe...
Alex Rodriguez invests in MMA company PFL at $500 million valuation
Alex Rodriguez at eMerge Americas conference in Miami on June 13, 2017. David A. Grogan | CNBC Alex Rodriguez is betting on the growth of mixed martial arts. The former MLB star is now a partial owner...
Target (TGT) Q1 2022 earnings
Target on Wednesday reported quarterly earnings that fell far short of Wall Street’s expectations, as the retailer coped with pricey freight costs, higher markdowns and lower-than-expected sales...
Ford, General Motors, Tapestry and more
Take a look at some of the biggest movers in the premarket: Ford (F), General Motors (GM) – Ford fell 2.8% in premarket trading while GM slid 3.4% after Wells Fargo double-downgraded both stocks to &#...
Stocks making the biggest moves after hours: Disney, Rivian and more
Check out the companies making headlines in extended trading. Walt Disney — Disney shares rose about 1% in extended trading after the company reported stronger-than-expected growth in streaming subscr...
Disney (DIS) fiscal Q2 2022 earnings
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 All eyes will be on...
WWE looks to boost sponsorship revenue as live events return, media deal expires
Chief Brand Officer and TV Personality of WWE, Stephanie McMahon delivers her keynote address at the opening of Sports Matters in conjunction with All That Matters 2016 in Singapore on September 14, 2...
‘Doctor Strange in the Multiverse of Madness’ snares $185 million in domestic debut
Still from “Doctor Strange in the Multiverse of Madness.” Disney The summer blockbuster season has started with a bang. Disney’s latest Marvel Cinematic Universe flick “Doctor ...
Disney investors focus on streaming, shouldn’t forget theme parks
Handout | Getty Images Entertainment | Getty Images LOS ANGELES – In April last year I took a stroll down an empty Main Street in Disneyland with the head of Walt Disney theme parks, Josh D’Amar...
From Estee Lauder to Apple, China’s Covid restrictions take their toll
Factories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site. Pictured here is an auto parts manufacturer in Suzhou that has had 478 employees on site since...