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Legacy Media Waited Too Long For DTC Model, Disney The 'Only Credible Challenger To Netflix,' Analyst Says
Friday, October 6, 2023 - 3:15pm | 976A shift by media companies to direct-to-consumer streaming platforms to offset losses from consumers cutting the cord could take time with many unprofitable for a number of years. The shift and the top companies in the media sector were sized up by an analyst with a focus on the direct-to-consumer...
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Disney Comes To The Rescue, Ensuring US Open Broadcast Amid Cable Blackout
Wednesday, September 6, 2023 - 8:25am | 431In a surprising move, The Walt Disney Company (NYSE:DIS) has intervened to resolve a cable blackout crisis during a dispute with Charter Communications, ensuring the uninterrupted broadcast of the U.S. Open tennis matches. What Happened: Approximately 15 million U.S. pay-TV customers have...
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Why Disney's 'Melting Iceberg' ESPN Is Unlikely To Attract Apple As Buyer: Analyst Breaks It Down
Tuesday, September 5, 2023 - 2:09am | 540Walt Disney Co. (NYSE:DIS) is amid a restructuring exercise as it faces fundamental challenges and there are rumors adrift that the company might offload its ESPN cable sports channel. An analyst at KeyBanc Capital Markets weighed in on the value ESPN has for Disney. Muted Expectations: ESPN is a...
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Disney Eyes Making Millions By Airing Cricket Tournament Featuring Arch Rivals India-Pakistan
Tuesday, August 29, 2023 - 2:52am | 407This story was first published on the Benzinga India portal. Walt Disney Co.’s (NYSE: DIS) Indian arm Disney Star, is gearing up for a windfall from the upcoming Asia Cup — a cricket tournament, eyeing a whopping INR 3,500-INR 4,000 million ($42.35 million to $48.40 million) in ad...
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Apple's Winning Game Plan? Analyst Tells Why 'Golden ESPN Assets' Could Be The 'Shoe That Fits' Cupertino
Thursday, August 17, 2023 - 1:55am | 675Apple, Inc. (NASDAQ:AAPL) has been aggressively looking to make a splash in live sports coverage, and an analyst at Wedbush thinks this could result in the tech giant lapping up Walt Disney Co.-owned (NYSE:DIS) ESPN. Live Sports A Serious Opportunity: Apple has come to realize that adding live...
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Disney's India Streaming Arm Is Bleeding Subscribers By Millions, The Culprit: Billionaire Mukesh Ambani's Jio
Thursday, August 10, 2023 - 1:35am | 336This story was first published on the Benzinga India portal. The Walt Disney Company (NYSE: DIS) owned Disney+ Hotstar, once the crown jewel of India’s streaming world, is facing turbulent times. The platform saw a staggering drop of 12.5 million subscribers in the recent quarter, marking its...
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Disney Joins Netflix In The War Against Password Sharing In India
Friday, July 28, 2023 - 8:43am | 410This story was first published on the Benzinga India portal. Walt Disney (NYSE: DIS) reportedly plans to enforce a policy that will limit premium users of its Disney+ Hotstar streaming service in India to logging in from just four devices. What Happened? The plan follows ...
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Disney's India Arm Hopes To Rake In Millions From Lucrative Cricket Commercials
Wednesday, July 26, 2023 - 1:31am | 631This story was first published on the Benzinga India portal. Walt Disney Co's (NYSE: DIS) arm Disney-Star’s Asian sports broadcast channel Star Sports and streaming platform Disney+ Hotstar in India are eyeing steep fees from advertisers for the upcoming...
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Netflix Reveals Plans To Send A Warning Email To Password Sharers In This Asian Country
Thursday, July 20, 2023 - 3:15am | 388This story was first published on the Benzinga India portal. Netflix Inc (NASDAQ: NFLX), the global streaming leader, has revealed its plan to tackle password sharing in India by sending out warning emails to customers that emphasize that their accounts should be used only within one household...
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Tesla, Netflix, American Airlines, Carvana, Toast: Why These 5 Stocks Are Grabbing Attention Today
Wednesday, July 19, 2023 - 9:12pm | 660U.S. stocks traded higher today, with the Dow Jones gaining more than 100 points on Wednesday. The Dow closed 0.31% higher at 35,061.21 for the day. The Nasdaq and the S&P 500 gained 0.03% and 0.24% Wednesday ending the session at 14,358.02 and 4,565.72 respectively. These are the top stocks...
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Google's Play Store Drama: Disney's India Streaming Platform Safe For Now, But With A 4% In-App Charge
Wednesday, July 19, 2023 - 8:26am | 364This story was first published on the Benzinga India portal. Alphabet Inc-owned (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has clarified that an Indian court’s recent directive preventing the removal of Disney’s local streaming service, Disney+ Hotstar, from the Play...
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Disney's Dilemma With Star India Aggravated By Mukesh Ambani's Cricket Moves: Report
Wednesday, July 12, 2023 - 3:04am | 416This story was first published on the Benzinga India portal. Walt Disney Co. (NYSE: DIS) is reportedly considering different strategies for its Star India business, which could include partnering with another company or even selling it, marking a shift in dynamics for a significant...
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Mukesh Ambani's JioCinema Shakes Up Streaming, Takes Disney Head On: Report
Monday, July 3, 2023 - 2:22am | 432In a strategic move, India’s wealthiest individual, Mukesh Ambani, has swiftly transformed his streaming platform, JioCinema, from a minor provider to a significant competitor to Walt Disney Co. (NYSE:DIS), “Financial Times” reports. Competitive Strategy JioCinema attracted over...
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Netflix Canada Bids Farewell To 'Basic' Plan: Here's How Much You'll Have To Pay For Other Options
Sunday, June 25, 2023 - 11:33pm | 438Netflix Canada has announced that it will phase out the $9.99 “basic” option from its price plans, eliminating the cheapest ad-free subscription option. What Happened: The streaming giant’s decision means that new subscribers will have to choose between viewing with commercial...
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Writers' Strike Leads To Permanent Shutdown Of 'Metropolis' On Apple TV+: AppleInsider
Wednesday, June 21, 2023 - 2:13am | 370Production for the upcoming Apple TV+ adaptation of “Metropolis” has been permanently shut down by Apple Inc. (NASDAQ:AAPL), with insiders attributing the decision to costs and an ongoing writers’ strike, AppleInsider reported on Tuesday. Impact of the Writers’ Strike Apple...