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The Latest Breaking News from Walt Disney Co

Will Disney layoffs, hiring freeze affect Disney World?

Layoffs and a hiring freeze are coming within the Walt Disney Co. soon, according to a memo from Disney CEO Bob Chapek, but it is unclear if Walt Disney World will be affected by the cutbacks.

Orlando Sentinel

Disney+ keeps growing fast. But streaming loses $1.5 billion

LOS ANGELES — Disney+ is still growing fast as the streaming service takes the Walt Disney Co. into the future of entertainment. But the effort to stay dominant in the age of Netflix is costing the Burbank giant in a big way.

Los Angeles Times

Women Lead Wakanda through Turmoil in ‘Black Panther’ Sequel

At the start of the follow-up to 2018's groundbreaking Marvel movie "Black Panther," the kingdom of Wakanda is reeling. The beloved King T'Challa dies at the opening of "Black Panther: Wakanda Forever," a script change made after actor Chadwick Boseman passed away from cancer in 2020 just before the sequel…

Asharq Al-Awsat

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'Return to Monkey Island' revives one of the most timeless of pirate franchises

There's an alternate, game-driven reality where the most famous pop-culture pirate of the 21st century isn't Jack Sparrow but is instead Guybrush Threepwood.

Los Angeles Times

ESPN Sports-Betting App Coming Soon? Joe Terranova Buys Disney Stock After CEO Identifies New 'Growth Engine'

After Walt Disney Co (NYSE: DIS) CEO Bob Chapek swatted investor calls for an ESPN spinoff over the weekend and noted that plans are in place for the future of the sports network, one investor jumped in and bought shares of the media giant.

Benzinga

Review: Jiminy Cricket! A Live-Action ‘Pinocchio’

After a string of live-action remakes, from “Beauty and the Beast” to “The Lion King,” the Walt Disney Co. has finally gotten around to “Pinocchio.” Along the way, there have been some nice performances, enormous heaps of CGI and, lest anyone forget, one very blue Will Smith. Whether any of…

Asharq Al-Awsat

The Disney myth will be on display at D23 Expo. Here's why we want to believe it

LOS ANGELES — By now, most everyone is aware that there are two distinct Walt Disney Co.'s.

Los Angeles Times

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Disney Shares Have Underperformed, Business Has Outperformed: Why Analysts Remain Bullish On House Of Mouse And Disney+ Growth

The growth of Disney+ and the parks and resorts segment, as well as a new ad-supported plan, were among the topics that weighed on analysts after Walt Disney Co (NYSE: DIS)

Benzinga

Apple, Amazon To Throw 'Insane Money' At Streaming: Sell Netflix, CNBC's Josh Brown Says

Ritholtz Wealth Management CEO Josh Brown cut Netflix Inc (NASDAQ: NFLX) from his portfolio on Thursday following Walt Disney Co's (NYSE: DIS) earnings results, but said the move isn't in resp

Benzinga

Disney To Serve 'Koffee With Karan' And 'She-Hulk' Among 'Steady Flow' Of Streaming Content, CEO Says

Walt Disney Co. (NYSE: DIS) CEO Bob Chapek is touting a “steady flow” of key releases in the fourth quarter. Some of the studio's movies and shows currently on deck include “She-Hulk" and “Hocus Pocus 2.”

Benzinga

Disney+ Follows Netflix With Price Increases, Announces Launch Date For Ad-Supported Plan

Media company Walt Disney Co (NYSE: DIS) announced third-quarter financial results after market close Wednesday. The company also announced a release date and pricing plans for its Disney+ ad-supported plan.

Benzinga

Hulu changes policy to allow political ads after backlash

The Disney-owned streaming platform said that it begin to treat Hulu with the same set of broadcast standards as the company’s sister networks, such as ABC and ESPN

The Independent UK

Disney changes Hulu policy to accept issue-based political ads after Democratic backlash

Walt Disney Co. has changed Hulu's policy on accepting issue-based political advertising, following a backlash from Democrats after the streaming service rejected commercials about abortion and guns.

Los Angeles 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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Asharq Al-Awsat

‘Thor’ Stays No. 1, While ‘Crawdads’ Opens Strong

The Marvel sequel “Thor: Love & Thunder” dropped a hefty 68% in its second weekend of release but still held the top spot at the box office, according to studio estimates Sunday, while the bestseller adaptation “Where the Crawdads Sing” debuted with a better-than-expected $17 million. Taika Waititi’s “Love and…

Benzinga

Disney+ Signs Deal With Korean Pop Band BTS In An Effort To Boost International Growth

A new deal signed by Walt Disney Co. (NYSE: DIS) might be “smooth like butter” and may provide a boost to the entertainment giant's streaming platform.

Benzinga

Former Disney Employees Sue Over Vaccine, Mask Rules

Three former Florida-based employees of the Walt Disney Co. (NYSE: DIS) have filed a lawsuit claiming that they were fired after challenging the company’s pandemic-era rules o

Orlando Sentinel

Disney's Splash Mountain will become Tiana’s Bayou Adventure in late 2024

ORLANDO, Fla. — Walt Disney Co. has announced a timeline for the re-theming of Splash Mountain and a new name for the ride set to become based on “The Princess and the Frog.”

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Tribune News Service

‘Thor’ tops box office, improving Disney’s uneven 2022 record

“Thor: Love and Thunder,” the second major Marvel movie to debut in 2022, topped the domestic box office in its first weekend in theaters, bolstering Walt Disney Co.’s return to the big screen two years into the COVID-19 pandemic.

Asharq Al-Awsat

Disney Says Disneyland’s Facebook, Instagram Accounts Hacked

Disneyland Resort's Facebook and Instagram accounts were hacked earlier on Thursday with a series of inappropriate posts that were subsequently taken down, Walt Disney Co (DIS.N) said. "We worked quickly to remove the reprehensible content, secure our accounts, and our security teams are conducting an investigation," the entertainment giant said…

Benzinga

Which Former Disney Channel Actor Is Now Baring All With An OnlyFans Page?

Dan Benson, a former child star on the Walt Disney Co.’s (NYSE: DIS) cable television Disney Channel, has re-emerged as a clothing-free presence on the OnlyFans platform.

Asharq Al-Awsat

Shanghai Disneyland Theme Park Re-Opens after Three-Month Closure

More than a thousand visitors streamed in on Thursday as Walt Disney Co's Shanghai Disney Resort theme park opened after a closure of three months, with face masks and social distancing the order of the day. The park shut on March 21 as cases rose in the Chinese business hub,…

Reuters

Shanghai Disneyland theme park re-opens after three-month closure

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

Disney To Reopen Shanghai Theme Park On June 30

The Walt Disney Co. (NYSE: DIS) will reopen its Shanghai Disneyland theme park on June 30, three months after the site was closed during the COVID lockdowns that paralyzed the Chinese city.

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