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Disney Cancels Star Wars Show: The Force Wasn't Strong With Viewership, Fan Ratings
Tuesday, August 20, 2024 - 2:28pm | 899Media giant The Walt Disney Company (NYSE:DIS) has cancelled a Star Wars original series in a potential puzzling move for a franchise that has spawned countless hits over the decades. What Happened: Since acquiring Star Wars parent Lucasfilm in 2012, Disney has utilized the franchise to launch new...
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Disney Reverses Stance, Agrees To Court Trial In Florida Wrongful Death Lawsuit Over Fatal Allergy Incident: 'Situation Warrants A Sensitive Approach'
Tuesday, August 20, 2024 - 3:18am | 484In a change of strategy, Walt Disney Co. (NYSE:DIS) has agreed to a court trial for a wrongful death lawsuit in Florida, abandoning its previous insistence on arbitration. What Happened: Disney has consented to have a wrongful death lawsuit decided in court. The lawsuit was lodged by Jeffrey...
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Disney+ Subscription Agreement Prevents Spouse Of Allergy Death Victim From Suing, Says Company
Thursday, August 15, 2024 - 2:50am | 704The Walt Disney Company (NYSE:DIS) contended that a wrongful death lawsuit against it should be dismissed, citing an arbitration clause in their streaming service agreement. What Happened: The lawsuit was initiated by Jeffrey Piccolo, following the death of his wife, Kanokporn Tangsuan, who...
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Disney Analysts Tackle Theme Park Weakness, Streaming Profits: 'The Upside In The Entertainment Units More Than Offsets The Parks Miss'
Thursday, August 8, 2024 - 11:58am | 734The Walt Disney Company (NYSE:DIS) stock analysts see concerns for the company’s theme park business weighing on financials and offsetting profitability shown for streaming in the third quarter. The Disney Analysts Bank of America analyst Jessica Reif Ehrlich reiterated a Buy rating and...
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Disney CFO Addresses Hiking Fee For Viewers: 'We've Earned That Pricing In The Marketplace'
Thursday, August 8, 2024 - 1:10am | 611The chief financial officer of Walt Disney Co (NYSE:DIS), Hugh Johnston addressed the the company’s latest price increase during its fiscal third-quarter 2024 earnings call on Wednesday. What Happened: During the call, Johnston responded to a question from Wells Fargo’s Steven Cahall...
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Disney Q3 Earnings Preview: Disney+ Subscribers, Price Hikes In Focus, Could Box Office Success Rally Shares?
Tuesday, August 6, 2024 - 4:26pm | 1005The recent box office success of The Walt Disney Company (NYSE:DIS) and its Disney+ streaming platform will likely be the most talked about items from the company’s third-quarter earnings, which come before market open Wednesday August 7. Earnings Estimates: Analysts expect Disney to report...
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Disney World Puts 24% Of Travelers Into Debt: Conglomerate's Theme Parks Remain Popular, Other Segments Falter
Wednesday, July 31, 2024 - 4:20pm | 672Visitors to the so-called “Happiest Place on Earth” often find themselves in a scary scenario once their vacation ends. What Happened: About 24% of Disney-goers have gone into debt to finance their trip. According to a LendingTree survey, this figure rises to 39% among members of Gen Z...
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Disney D23 Lineup Announced: Could August Event Act As Catalyst For Stock?
Friday, July 12, 2024 - 2:27pm | 689Media giant Walt Disney Co (NYSE:DIS) will host its biennial D23 fan event in August. An initial schedule and lineup shows which movies, shows and content will be highlighted, providing a potential catalyst for the stock. What Happened: On the heels of the box office hit "Inside Out 2," Disney will...
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Disney, Comcast, Fox Get Top Ratings Among Media Conglomerates Thanks To Sports Rights, Streaming Strength: Analyst Prefers 'Deep Competitive Moats'
Tuesday, June 25, 2024 - 2:12pm | 1147Several media stocks were sized up by an analyst as the sector saw ongoing changes from cord-cutting and the growth of streaming platforms. The Analyst Ratings: Goldman Sachs analyst Michael Ng initiated coverage on the following stocks with the following price targets. Walt Disney Co (NYSE:DIS):...
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Sydney Sweeney Was Allegedly Watching Pirated Version Of 'Law & Order,' But Fans Say 'Honestly Can't Blame Her' Amid Rising Streaming Costs
Saturday, June 22, 2024 - 4:20am | 718Known for her roles in “Euphoria” and “The White Lotus,” actress Sydney Sweeney has been facing allegations of using a pirated streaming service to watch “NBC's Law & Order: Organised Crime.” Fans say that they can relate to her since the...
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'Inside Out 2,' 'Moana 2,' 'Deadpool & Wolverine': Can These 3 Movies Bring Back Disney's Box Office Billions?
Thursday, June 13, 2024 - 6:45pm | 1086Media giant Walt Disney Co (NYSE:DIS) hopes a string of upcoming movie releases put an end to a box office streak that took a step back in 2023. Here's a look ahead at the importance "Inside Out 2," "Moana 2" and "Deadpool & Wolverine" could have for movie fans, Disney investors and Disney...
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Disney+ Adds Horror Franchise 'Saw,' X Users React To 'Strange Dichotomy'
Thursday, June 13, 2024 - 3:23pm | 394In what may seem surprising to some, subscribers to Walt Disney Co‘s (NYSE:DIS) Disney+ will now be able to stream the “Saw” movie franchise on the platform. The addition comes amid Disney+’s continued efforts to diversify its media catalogue. What Happened: The film...
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Weekend Watchlist: Check Out These 5 Must-Watch Disney+ And Hulu Releases
Saturday, May 25, 2024 - 8:00am | 985The weekend is nearly upon us, and we're here to provide your much-needed entertainment fix. Whether you’re into romance, crime, or animated movies for kids, we've got a perfect selection for your weekend binge-watching plans. Hulu and Disney+ offer a diverse content library, featuring...
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Marvel's 'What If...? - An Immersive Story' To Debut On Apple Vision Pro: Here's What Fans Can Expect On May 30
Thursday, May 23, 2024 - 3:15am | 759Marvel Entertainment fans are in for a treat as they will soon be able to immerse themselves in the Marvel Cinematic Universe (MCU) and play a part as a superhero. This exclusive experience, titled “What If…? – An Immersive Story,” will soon be available on Apple Inc.’...
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Bob Iger Makes Rare Appearance At Disney Upfront For First Time Since 1994: Highlights 'Enviable Portfolio Of Brands, Franchises And Sports' To Advertisers
Thursday, May 16, 2024 - 4:52pm | 644Media executive Bob Iger has been the CEO of Walt Disney Co (NYSE:DIS) for more than 15 years including two terms in the role. The CEO hasn't appeared on the stage at an upfront advertising event since 1994 until breaking the streak earlier this week. What Happened: Disney ended the recently...