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The Latest Breaking News from Walt Disney Co

Pearson Shares Soar As It Ditches Apollo's Takeover Offer Second Time

U.K. education publishing group Pearson PLC (NYSE:PSO) refused Apollo Global Management Inc's (NYSE:APO) March 7 takeover proposal for 854.2 pence per share which valued Pearson at £6.5 billion, Bloomberg reports. Previously, Pearson rejected Apollo's November cash offer of 800 pence per share, valuing Pearson at £6.1 billion ($8 billion). Pearson reasoned that the offers significantly…

Benzinga

Why This Investor Just Bought Disney Shares

Douglas C. Lane & Associates' Sarat Sethi bought shares of Walt Disney Co (NYSE: DIS) ahead of the company's 2022 Investor Day presentation, which kicked off at 1 p.m. ET Wednesday.

Benzinga

Move Over Disney+: Why Theme Parks Could Be Disney's Real Growth Driver In 2022

Walt Disney World is honoring its 50th anniversary with an 18-month celebration that began in October 2021. The anniversary and pent-up travel demand are leading to strong attendance at the company’s parks, which could turn into the biggest growth driver for Walt Disney Co (NYSE: DIS) in 2022.

Benzinga

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Why Disney's Stock Looks Set To Bounce From This Bullish Pattern

Walt Disney Co (NYSE: DIS) gapped down on Tuesday and then entered into a volatile trading period, falling about 2.7% and then rallying 1.85% before settling down again to close at $131.75.

Benzinga

Disney Targets Sports Betting To Drive ESPN's Shrinking Fortune

The Walt Disney Co (NYSE: DIS) targeted sports betting to revitalize ESPN, which had been gradually losing ground to the streaming service companies,

Benzinga

BofA Is Bullish On Disney While MoffettNathanson Is A Tad Defensive - Read Why

Two analysts have different stances on The Walt Disney Co (NYSE: DIS).

Benzinga

Disney+ To Offer First Dutch Drama In Effort To Expand European Audience

Walt Disney Co (NYSE: DIS) has announced the addition of “Nemesis” as the first Dutch production for streaming on Disney+.

Benzinga

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Cathie Wood Trims Ark Disney Stake By 58% On Wednesday

Cathie Wood-led Ark Investment Management on Wednesday significantly lowered its exposure in Walt Disney Co (NYSE: DIS), its second major reduction in the entertainment giant company’s stock since buying the first shares in May last year.

Benzinga

Disney, Warner Bros., Sony Pausing Film Releases in Russia over Ukraine Invasion

Hollywood studios Disney, Warner Bros., and Sony Pictures Entertainment said they would pause theatrical releases of upcoming films in Russia in response to its invasion of Ukraine and the unfolding humanitarian crisis. The Walt Disney Co said Monday it is pausing the release of theatrical films in Russia, starting with…

Asharq Al-Awsat

Disney Reclaims Rights To Netflix's Exclusive Marvel Series

The Walt Disney Co (NYSE:DIS) has confirmed that all of Marvel's Netflix Inc's (NASDAQ:NFLX) programs will be available on Disney+ Canada on March 16, Mobile Syrup reports. The shows will remain on Netflix until March 1 as Disney regained the rights to the series following years-long exclusivity to Netflix. "Originally running between 2015 and…

Benzinga

Disney Bumps Up Prices For Park Visitors: All You Need To Know

The Walt Disney Co's (NYSE:DIS) Walt Disney World Resort boosted the ticket prices for guests visiting the parks for multiple days, CNBC reports. Disney raised the prices of multiday passes for between four and ten days by 2% - 6%. Prices for base tickets for those attending any of Disney's four theme…

Benzinga

Have You Ever Wanted To Live Inside A Disney Park Or Fairytale? New Real Estate Development Could Make That A Reality

Walt Disney Co (NYSE: DIS) has its eyes set on real estate as another area of growth for the company in the future.

Benzinga

Here's Why Citi Remains Bullish On Disney Despite Slashing Price Target By 5%

Citi analyst Jason Bazinet lowered the firm's price target on The Walt Disney Co (NYSE:DIS) to $200 from $210 and reiterated a Buy rating on the shares. The price target implies an upside of 30%. Related Content: Here's Why Barron's Is Bullish On Disney Post Q1 The company posted strong fiscal Q1 results driven by better than expected…

Benzinga

'Book Of Boba Fett' Finale Tops Viewership Of 'Mandalorian' Finale: Why It Could Be Important For Disney's Stock

Walt Disney Co (NYSE: DIS) has launched several hit shows for its streaming platform, Disney+. Numbers from “The Book of Boba Fett” Disney has another hit.

Benzinga

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Benzinga

Vaccinated Patrons Can Now Enjoy Disneyland Without Face Masks

The Walt Disney Co (NYSE:DIS) looks to make face coverings optional for fully vaccinated guests indoors and outdoors at Disneyland and Walt Disney World Resorts from February 17. Those who are not fully vaccinated will continue wearing face coverings in all indoor locations at its parks in Lake Buena Vista, Florida. Face coverings…

Benzinga

Disney Appoints Its First Metaverse Official

The Walt Disney Co (NYSE:DIS) has appointed an executive to oversee its metaverse strategy, Reuters reports. Mike White, an executive in the Media and Entertainment Distribution group, has been named to the new role of SVP of Next Generation Storytelling and Consumer Experiences. White will help define how consumers will experience Disney's…

Benzinga

BofA Adds Disney To US-1 List: Why This Investor Says The Stock Is Headed To $200

The Walt Disney Co (NYSE: DIS) was featured as the call of the day Monday on CNBC's "Fast Money Halftime Report." What Happened: BofA added Disney to its US-1 list with a Buy rating and a $191 price target.

Benzinga

Here's What Happening Between Comcast's NBCUniversal And Hulu

Comcast Corp's (NASDAQ:CMCSA) NBCUniversal is nearing a plan that could drastically change its partnership with The Walt Disney Co's (NYSE:DIS) Hulu, the Wall Street Journal reports. NBCUniversal could end up shifting high-profile programming to its Peacock streaming platform under the plan. Comcast, which owns a third of Hulu, launched Peacock less than two years ago,…

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Benzinga

Could Sports Betting And The Metaverse Be Two Large Catalysts For Disney?

Media giant Walt Disney Co (NYSE: DIS) highlighted the growth of its Disney+ streaming platform and for its parks segment when it reported first-quarter financial results.

Benzinga

'Bringing Back The Magic': 4 Disney Analysts React To The Mouse's Q1 Beat

Walt Disney Co (NYSE: DIS) shares were rallying Thursday after the company reported a big first-quarter earnings beat.

Benzinga

Why Disney Shares Are Rising Today

The Walt Disney Co (NYSE: DIS) is trading higher Thursday morning after the company announced better-than-expected fiscal first-quarter financial results.

Benzinga

Disney Q1 Earnings Highlights: Parks Segment Up 100%, Disney+ Hits 129.8M Subscribers, ARPU Increases

Walt Disney Co (NYSE: DIS) reported fiscal first-quarter financial results after market close Wednesday. Here are the key details.

Benzinga

How To Trade Disney's Stock Heading Into Q1 Earnings: Should Bulls Be Confident?

Walt Disney Co (NYSE: DIS) was trading about 3% higher on Wednesday as it headed into its first-quarter 2022 earnings print scheduled to be released after Wednesday's market close.

Benzinga

Disney, Sony, ViacomCBS To Bid For Rights To This Popular Indian Cricket League

The Walt Disney Co (NYSE: DIS), Sony Group Corp’s (NYSE: SONY) Sony Pictures Networks India, and Viacom18 are companies planning to bid for the rights to the Indian Premier League,

Benzinga

Disney Teams With Air Canada For 'Turning Red' Marketing Promotion

Air Canada (OTC: ACDVF) has teamed with the Walt Disney Co (NYSE: DIS) on the promotion of the Pixar animated feature “Turning Red,” with the film’s giant animated panda featured on th

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