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The Latest Breaking News from Bob Chapek

Disney+ Subscribers Surge as Netflix Stumbles

The Disney+ streaming service saw its number of paying subscribers leap beyond expectations in the last quarter, as rival Netflix's client count ebbed, results showed Wednesday. The number of people subscribing to Disney+ topped 152 million, up some 31 percent from the same period a year earlier, the entertainment giant…

Asharq Al-Awsat

Visitor spending fuels soaring revenues at Disney theme parks

Visitor spending is up at Disney’s U.S. theme parks as average daily attendance has been only slightly below pre-pandemic levels of 2019 so far this fiscal year, Disney executives said Wednesday.

Orlando Sentinel

Disney+ ad-free subscription cost to rise by 38% in December

Disney said it is raising prices for streaming subscribers in the U_S_ who want to watch Disney+ without ads as more viewers switch to what CEO Bob Chapek described Wednesday as the “best value in streaming.”

The Independent UK

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Disney+ subscribers are going to have to pay more to avoid commercials

Disney+ subscribers will start seeing ads on the popular streaming service in December. That is, unless they opt to pay more.

Los Angeles Times

Disney Q3 Earnings Highlights: Revenue And EPS Beat, 152.1 Million Disney+ Subscribers And More

Media giant The Walt Disney Company (NYSE: DIS) reported third-quarter financial results after the market close Wednesday. Here’s a look at how the company’s parks segment and direct-to-consumer segment performed.

Benzinga

A whole new world? Disney after ‘Don’t Say Gay’

The entertainment giant’s bungled response to a controversial Florida bill has raised difficult questions for its LGBT+ fans

Financial Times

Jim Cramer Says He's Betting 'The Paycheck On Chapek' And Disney Stock: So How Much Does The 'Mad Money' Host Actually Make?

It's no secret that Jim Cramer is bullish on Walt Disney Co (NYSE: DIS).

Benzinga

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Disney Gains More Streaming Subscribers From Hulu Than Disney+: What You Need To Know

The Walt Disney Co.’s (NYSE: DIS) fastest-growing U.S. streaming service is not the eponymous jewel in its digital crown, but an asset it picked up as part of an acquisition three years ago.

Benzinga

Taxpayers Pay the Price for DeSantis' War on Disney

Florida's governor has declared a regulatory war on one of the state's biggest employers. But it's the taxpayers who may ultimately pay the price.

Reason

KeyBanc Endorses Pinterest, Disney's CEO Transition - Key Takeaways

KeyBanc hailed the CEO successions in two significant companies citing different reasons.

Benzinga

Analysis: Why Did Disney Retain Bob Chapek Despite His Many, Many Errors?

Walt Disney Co.'s (NYSE: DIS) decision to extend CEO Bob Chapek’s contract for another three years might strike some people as being a

Benzinga

After 27.5% Drop In Disney Shares, Could Bob Chapek Be On His Way Out As The Mouse's CEO?

A struggling stock price and controversies surrounding one of the largest media companies could lead to the very public exit of a CEO. Investors could get more clarity soon on where the future of The Walt Disney Company (NYSE: DIS) is headed with or without CEO Bob Chapek.

Benzinga

As Chapek weathers Disney drama, board gathers in Florida

For Walt Disney Co. Chief Executive Bob Chapek, the last few months have brought one headache after another.

Los Angeles Times

Analysis: What To Expect From This Week's Disney Board Meeting In Florida

The 11-member board of directors of the Walt Disney Co. (NYSE: DIS) will begin a two-day meeting today in Florida. While there has not been a release of the meeting's agenda, here is what Disney observers might expect from this happening.

Benzinga

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Benzinga

Cathie Wood's Ark Is Now Completely Out Of This Entertainment Giant's Stock

Cathie Wood-led Ark Investment Management shed its remaining exposure in Walt Disney Co (NYSE: DIS) on Friday, a stock the firm first started buying in May of last year.

Benzinga

The Crisis At Disney: Part 4, Can Disney Conquer NFTs And The Metaverse?

This is the fourth and final installment in Benzinga's "The Crisis at Disney"

Benzinga

The Crisis At Disney: Part 3, Does Disney Still Have A Competitive Edge?

This is part three of the four-part series "The Crisis at Disney"

Benzinga

Cathie Wood Sheds Nearly All Walt Disney Exposure With $7M Sale

Cathie Wood-led Ark Invest Management on Tuesday shed most of its exposure in Walt Disney Co (NYSE: DIS) amid reports of a likely shareholder battle over CEO Bob Chapek's salary.

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Benzinga

The Crisis At Disney: Part 1, Bob Chapek's Blunder Road

This is part one of a four-part series, "The Crisis at Disney."

The Conversation

Lightyear’s same-sex kiss – the controversy that led to Disney's first 'real' LGBTQ+ representation

Disney-Pixar’s latest animated escapade is about to hit our cinema screens. It’s the origin story of one of their most beloved characters – Toy Story’s Buzz Lightyear. In the lead-up to its release, online speculation soared after it was confirmed that Lightyear would include the company’s first same-sex kiss. The…

Benzinga

Disney Pays $3B For India TV Rights To Indian Premier League Cricket

The Walt Disney Co. (NYSE: DIS) has secured the Indian subcontinent television rights to Indian Premier League (IPL) cricket, despite earlier reservations from CEO Bob Chapek regarding the company’s enthusiasm in pursuing this sporting event.

Tribune News Service

Disney's culture clash led to firing of TV chief

Peter Rice has one of the longer resumes in the entertainment industry, but when his time at Walt Disney Co. came to an end it was over in seven minutes.

Los Angeles Times

Peter Rice ousted as Disney TV chief in major shake-up

Peter Rice, the chairman of Walt Disney Co.'s TV content division, has been fired from the Burbank-based entertainment giant in a move sure to rock Hollywood.

Benzinga

Disney Abruptly Fires Veteran Content Executive - All You Need To Know

Walt Disney Company (NYSE: DIS) named Dana Walden as Chairman, Disney General Entertainment Content,

The Hindu

Pride Month: Looking for meaningful inclusion beyond pride flags and rainbow pastries

It’s no secret that corporations jump on the pride bandwagon, but inclusion of the community is a work in progress

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