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The Latest Breaking News from Walt Disney Company

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

Trading in dreams: the US company that promised to make Australian children Disney stars – for a fee

A Facebook ad for auditions in Perth drew hundreds – but there was no link to Disney and the company wanted up to US$15,000

The Guardian - AU

Twitter's Employees Can't Go To 'The Happiest Place On Earth' In 2023, Cost Cutting Measures Hit Company Travel

Twitter Inc (NYSE:TWTR) is ditching a companywide retreat scheduled for January 2023 at Walt Disney Company (NYSE:DIS) Disneyland - 'The Happiest Place On Earth,' Bloomberg reports. Twitter cited cost-cutting measures to reduce corporate travel behind the move. The company's occasional gathering, known as 'OneTeam,' was last held in early 2020 in Houston before the…

Benzinga

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Here's Why KeyBanc Considers Disney's IPL Rights Win As Neutral Outcome

KeyBanc analyst Brandon Nispel sees Walt Disney Company (NYSE:DIS) winning TV IPL rights as a neutral outcome for DIS. Nispel would have liked DIS to pursue Digital rights over TV rights, given the ongoing secular challenges of PayTV. However, there appear to be some benefits due to the importance of IPL to the Star ecosystem. …

Benzinga

Staggering $6bn IPL rights auction sees league become one of the most valuable in the world

Record-breaking deal puts the IPL alongside the English Premier League and NFL

The Independent UK

How Many Subscribers Disney Could Lose Due To Setback In India

In the e-auction for the multi-year rights to the Indian Premier League cricket tournament, a joint venture between Paramount Global (NASDAQ: PARA) and Mukesh Ambani's Reliance Industries won the streaming rights, outbidding incumbent holder Walt Disney Company (N

Benzinga

IPL fetches staggering media rights for over $6 billion

U.S. media giant Walt Disney and India’s Reliance Industries have won the broadcasting rights for the Indian Premier League for more than $6 billion, making the Twenty20 cricket competition one of the most lucrative sports leagues in the world in terms of cost per game

The Independent UK

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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,

Benzinga

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

The Hindu

Formula 1 Streaming License Could Be Major Catalyst For Netflix - Read Why

Netflix, Inc (NASDAQ:NFLX), Walt Disney Company (NYSE:DIS) ESPN, and Comcast Corp's (NASDAQ:CMCSA) NBCUniversal bid for a new streaming license for Formula 1, likely to begin in 2023, the TechCrunch reports. Amazon.com Inc (NASDAQ:AMZN) Amazon Prime was also a part of the bid, the Insider reports. ESPN acknowledged their aggressive pursuit of renewal as Formula 1 weighed other options.…

Benzinga

Read Needham's Take On Disney in Brief

Needham analyst Laura Martin reiterated a Hold rating on Walt Disney Company (NYSE:DIS) while raising her FY22 EPS view to $4.05 from $3.72 in a note titled "DIS's Parks have Superpowers." Martin added $1.66 billion to her forecast for Operating Income for the Parks segment for Q2, doubling estimates to $3.3 billion on better than…

Benzinga

Disney Brings Apple Gaming Expert On Board To Shape Its Metaverse Dreams

Walt Disney Company (NYSE:DIS) roped in former Apple Inc's (NASDAQ:AAPL) top gaming official Mark Bozon as a senior creative leader for its cross-divisional Next Generation Storytelling initiative, the Variety reports. The initiative encompassed Disney's "metaverse" ambitions. On May 20, Bozon tweeted his departure from Apple after 12 years for "an absolute dream job." Also Read: Read How…

Benzinga

EXCLUSIVE: Genius Brands CEO On Disney: 'There Is More Than A Chance' For More Deals After Stan Lee Agreement

Genius Brands International Inc (NASDAQ: GNUS) announced on Wednesday that it signed a 20-year deal to license the name and likene

Benzinga

'Disney The Only Asset We Want to Own in Media,' Analyst Says Following Q2 Results

Walt Disney Company (NYSE: DIS) stock pulled back late Wednesday following the release of its quarterly results.

Benzinga

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Benzinga

Google Looks To Tap India's Cricket Frenzy By Pitting Itself Against Amazon, Disney, Sony

Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) looks to bid for the broadcast rights of the Indian Premier League, Bloomberg reports. Google's interest in India's top cricket league intensifies the fight for a sports event that has emerged as the world's third-largest, trailing only the Premier League and the National Football League in terms…

The Independent UK

DeSantis signs bill to dissolve Disney’s governing agreement in wake of ‘Don’t Say Gay’

For decades, Disney has effectively taxed itself to provide services for the company town it created. Florida officials warn that without the special tax district, the burden could fall on taxpayers

The Independent UK

Florida legislators vote to dissolve Disney’s governing agreement after ‘Don’t Say Gay’ fallout

Within days of its introduction, GOP lawmakers approve measure to undo decades-old municipal district, as officials try to answer what happens next

The Independent UK

FACT FOCUS: Posts maligning Disney lack evidence

Online posts are using flawed logic and false information to malign The Walt Disney Co. as sympathetic to pedophiles or predatory toward young children after the company publicly opposed a Florida bill banning instruction on sexual orientation and gender identity in kindergarten through third grade

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The Independent UK

Lauren Boebert’s ‘Micky’ tweet derails congresswoman’s attack on Disney

Online observers were quick to point out that the Walt Disney Company even has a song to assist in spelling Mickey Mouse’s name correctly

Salon

#BoycottDisney: New CEO's culture war

Florida's most iconic corporation is suddenly embroiled in the midst of controversy

Benzinga

Conservative Disney Workers Cite Frustration Over Internal 'Left-Wing Political Pressure'

Walt Disney Co.

The Independent UK

Disney opposes ‘Don’t Say Gay’ in Florida. What about other states?

Disney threatened to pull its big-budget business from Georgia over anti-LGBT+ legislation in 2016. Advocates and employees demand the political heavyweight use similar tactics against a new wave. Alex Woodward writes

Evening Standard

Disney taking steps to ‘pause’ all business in Russia

The Walt Disney Company has announced it is taking steps to “pause all other businesses in Russia” following the invasion of Ukraine.

The Independent UK

Hollywood studios pull upcoming releases in Russia

Warner Bros, Sony Pictures, The Walt Disney Company and Paramount Pictures announced the decision in light of the ongoing crisis in Ukraine.

The Independent UK

Hollywood studios pause releases in Russia

Warner Bros, Sony Pictures and The Walt Disney Company all announced the decisions on Monday evening.

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