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Could Sports Betting And The Metaverse Be Two Large Catalysts For Disney?
Thursday, February 10, 2022 - 3:52pm | 597Media 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. Investors also got insight from Disney CEO Bob Chapek about two new potential growth items for the company...
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Why Disney Shares Are Rising Today
Thursday, February 10, 2022 - 11:58am | 321The Walt Disney Co (NYSE: DIS) is trading higher Thursday morning after the company announced better-than-expected fiscal first-quarter financial results. Disney said quarterly revenue increased 24% year-over-year to $21.82 billion, which beat the estimate of $18.63 billion. The...
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Disney Q1 Earnings Highlights: Parks Segment Up 100%, Disney+ Hits 129.8M Subscribers, ARPU Increases
Wednesday, February 9, 2022 - 5:48pm | 478Walt Disney Co (NYSE: DIS) reported fiscal first-quarter financial results after market close Wednesday. Here are the key details. What Happened: Disney reported first-quarter revenue of $21.8 billion, up 34% year-over-year and ahead of a consensus estimate of $18.6 billion, according to Benzinga...
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Disney Doubles CEO Pay To $32.5M, Restructures Management: What You Need To Know
Thursday, January 20, 2022 - 3:42am | 522The Walt Disney Co (NYSE: DIS) CEO Bob Chapek saw his compensation rise to $32.5 million, according to a statement filed with the U.S. Securities and Exchange Commission Wednesday. What Happened: In FY 2021, Chapek saw his pay swell to more-than-double from the $14.2 million he earned in the...
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Disney Names Susan Arnold As Successor To Bob Iger For Board Chair
Thursday, December 2, 2021 - 3:55am | 447Walt Disney Co.’s (NYSE: DIS) board of directors has named Susan Arnold as its new chairman, the media and entertainment conglomerate said Wednesday. What Happened: Arnold will succeed Robert Iger as chairman of the board when he departs the company at the end of this year. Arnold has been on...
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Disney CEO Bob Chapek Not Appearing At Destination D23 Amid Petition For Removal: Here's The Details
Thursday, November 18, 2021 - 4:23pm | 785The leader of media giant Walt Disney Co (NYSE: DIS) will no longer speak at a top company event, a move that is coming as the CEO faces backlash. What Happened: On Feb. 25, 2020, Bob Chapek was named the CEO of Disney, replacing Bob Iger. Chapek has guided the company through a global...
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Why Disney Shares Are Falling Today
Thursday, November 11, 2021 - 9:51am | 289The Walt Disney Co (NYSE: DIS) is trading lower Thursday after the company announced worse-than-expected fiscal fourth-quarter financial results. Disney reported quarterly adjusted earnings of 37 cents, which came in below the estimate of 44 cents. The company reported quarterly revenue of $18.53...
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Walt Disney Company Q4 Highlights: 118.1M Disney+ Subs, Lower ARPU, Parks & Resort Segment Up 99%
Wednesday, November 10, 2021 - 5:50pm | 392Media giant The Walt Disney Company (NYSE: DIS) reported fourth-quarter financial results after the market close Wednesday. Here are the key highlights for investors to consider. What Happened: Disney reported fourth-quarter revenue of $18.53 billion, up 26% year-over-year. Revenue came in higher...
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Why Jim Cramer Is Adding To His Disney Stock Position
Tuesday, October 5, 2021 - 3:25pm | 345Jim Cramer added to his Walt Disney Co (NYSE: DIS) stake Tuesday, bringing the total position to 1.04% of his charitable trust. Cramer told members of CNBC's "Investing Club" he planned to buy 75 shares at approximately $174.57 per share. He first initiated position in Disney on...
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Why Jim Cramer Just Bought Disney Stock For His Charitable Trust
Friday, September 24, 2021 - 12:35pm | 353The Walt Disney Co (NYSE: DIS) traded lower this week after the company provided worse-than-expected quarterly global net additions guidance for Disney+. Jim Cramer bought Disney stock for his charitable trust when the stock sold off amid comments from Disney CEO Bob Chapek, he said Friday on CNBC...
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Disney CEO Warns Of Production Delays, Stock Falls
Tuesday, September 21, 2021 - 3:07pm | 397Walt Disney Co (NYSE: DIS) is trading lower Tuesday afternoon after CEO Bob Chapek expressed some continuing COVID-19 Delta variant concerns while speaking at the Goldman Sachs 30th Annual Communacopia Conference. According to reports, Chapek said the resurgence of the variant is creating...
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Why Disney's Stock Is Trading Higher Today
Friday, August 13, 2021 - 8:27am | 297The Walt Disney Co (NYSE: DIS) is trading higher Friday after the company announced better-than-expected financial results. Disney reported adjusted quarterly earnings of 80 cents, which beat the estimate of 56 cents. The company reported quarterly revenue of $17.02 billion, which beat the...
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Disney CEO Lays Out Global Expansion Plans For SVOD Service Disney+: What You Need To Know
Friday, August 13, 2021 - 5:49am | 545Walt Disney Co (NYSE: DIS) CEO Bob Chapek touched on the global expansion plans for the company’s subscription video-on-demand business on Thursday. What Happened: At the company’s third-quarter earnings call, Chapek revealed that the launch of Disney+ in Eastern Europe has been delayed...
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Disney Has 'Figured Out Ways To Fairly Compensate Talent' No Matter What Business Model, CEO Says In Wake Of Scarlett Johansson Lawsuit
Thursday, August 12, 2021 - 10:45pm | 449The Walt Disney Co (NYSE: DIS) CEO Bob Chapek said at the company’s third-quarter earnings call that the entertainment behemoth has “figured out ways to fairly compensate” talent irrespective of the business model. What Happened: Chapek’s comments assume importance in the...
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Chairman Bob Iger Halves Disney Stake After Selling Nearly $100M Worth Of Shares This Week
Friday, June 4, 2021 - 5:03am | 322Walt Disney Co (NYSE: DIS) Chairman Bob Iger sold off a chunk of his shares in the media and entertainment company popular for theme parks, according to regulatory filings on Thursday. What Happened: Iger sold a total of 550,750 shares worth about $98.7 million at an average price of $179.21 on...