Walt Disney Co.

On Wednesday, major U.S. indices closed lower, with the Dow Jones Industrial Average decreasing by 0.6% to 38,763.45, the S&P 500 falling 0.8% to 5,199.50, and the Nasdaq slid 1.05% to 16,195.81. These are the top stocks that gained the attention of retail traders and investors throughout the...

In a significant move that underscores the entertainment industry’s pivot towards digital platforms, Disney (NYSE:DIS) has been making headlines with its intensified focus on streaming services. What Happened: This strategic shift is now being reflected in the company’s investment in...

In a recent development, the grandchildren of Walt Disney and Roy Disney, the founders of Walt Disney Co (NYSE:DIS), have taken a stand in support of CEO Bob Iger and the company’s board. They have criticized and opposed the activist investors who have been challenging the company’s...

The three media giants Disney (NYSE:DIS), Fox Corp (NASDAQ:FOX), and Warner Bros. Discovery Inc (NASDAQ:WBD) are reportedly considering a former Apple Inc (NASDAQ:AAPL) executive for the CEO position of their upcoming sports streaming service. What Happened: The companies are reviewing potential...

U.S. stocks ended firmly in the green on Wednesday with the Dow Jones Industrial Average rising 0.4% to 38,677.36 for the day. The S&P 500 rose 0.8% to 4,995.06, while the Nasdaq was higher by 0.95% at 15,756.64. These are the top stocks that gained the attention of retail traders and investors...

U.S. stocks showed positive momentum today, with the Dow Jones index climbing over 140 points. The market saw a broad uptick, with the Dow ending the day up by 0.37% to 38,521.36 while the NASDAQ increased by nearly 0.1% to 15,609. The S&P 500 gained 0.2% to reach 4,954.23. These are the top...

In response to an overstaffing situation, Walt Disney Co’s (NYSE:DIS) Pixar Animation Studios is reportedly planning to reduce its workforce. What Happened: A source familiar with the matter informed Reuters that Pixar, having wrapped up the production of certain projects, has more staff than...

In a recent development, Jonathan Majors, the actor famed for his portrayal of Kang the Conqueror in the Loki series, has been released from his contracts with Marvel Studios and The Walt Disney Corporation following a guilty verdict in an assault case. According to a report by The Guardian on...

The Walt Disney Co. (NYSE:DIS) is back with an eye-watering Disney+ Hulu Black Friday deal at just $2.99 per month for a year. This Disney+ Black Friday deal comes after the streaming service hiked prices in Oct. and tightened its account sharing rules. What Is The Deal: If you have been waiting...

Despite much anticipation, The Marvels, the most recent release from The Walt Disney Company’s (NYSE:DIS) Marvel Cinematic Universe, has seen an unexpectedly low turnout at the box office. Over the opening weekend, the film could only muster up $47M, marking the lowest-grossing start for any...

Streaming platform Hulu is one step closer to having a single owner as Comcast Corporation (NASDAQ:CMCSA) and The Walt Disney Company (NYSE:DIS) engage investment banks to evaluate the company’s value. As reported by CNBC, Comcast, a one-third stakeholder in Hulu, has...

This 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...

On Thursday, Bob Iger, CEO of Walt Disney Co (NYSE:DIS), announced a significant reduction in the production of Marvel Studios and Lucasfilm franchises, as part of the company’s cost containment initiative. What Happened: Disney is pulling back on its production of Marvel and Star Wars...

This 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...

Christine McCarthy, Walt Disney Co's (NYSE:DIS) senior executive vice-president and chief financial officer, will be stepping down from her role and taking a family medical leave of absence, the company announced on Thursday. Veteran Disney executive Kevin Lansberry will serve as the company’...