In a stunning reversal, the Walt Disney Co. DIS, +0.38% announced Sunday night that Chief Executive Bob Chapek was out, and will be replaced by his predecessor, Robert Iger. “We Read more
Tag: Cable Broadcasting
Disney shocker: Robert Iger to return as CEO, Bob Chapek ousted
In a stunning reversal, the Walt Disney Co. DIS, +0.38% announced Sunday night that Chief Executive Bob Chapek was out, and will be replaced by his predecessor, Robert Iger. “We Read more
Disney stock tumbles toward worst day since 2001 after ‘massive earnings downgrade’
Walt Disney Co. has a profit problem, and that’s helping to send shares of the media giant toward their worst daily performance in more than two decades. Though Disney DIS, Read more
Disney posts wide earnings and sales miss to wrap up record year, stock falls 6%
Walt Disney Co. wrapped up its fiscal year Tuesday with record sales and its best revenue growth in more than 25 years, but a miss on earnings and revenue for Read more
Disney posts wide earnings and sales miss to wrap up record year, stock falls 6%
Walt Disney Co. wrapped up its fiscal year with record sales and its best revenue growth in more than 25 years, but a miss on earnings and revenue for the Read more
Opinion: As Netflix and Disney move into ads, will Roku look to sell?
The streaming company’s disappointing holiday forecast, coming ahead of new, cheaper ad-supported streaming packages from Netflix Inc. NFLX, +2.41% and Walt Disney Co. DIS, -0.27%, has added to what was Read more
Disney overtook Netflix as the streaming leader, and is expected to widen the lead
Walt Disney Co. displaced Netflix Inc. as king of the video-streaming market, and it is expected to widen the gap. Disney DIS, +0.33% seized the mantle three months ago as Read more
Warner Bros. Discovery’s ‘tough juggling act’ sends stock dropping toward 13-year low
Shares of Warner Bros. Discovery Inc. were plunging Friday toward closing levels not seen since May 2009 as the media giant’s latest earnings report highlighted challenges prevalent across the industry Read more
Warner Bros. Discovery to speed up merger of HBO Max, Discovery+
Warner Bros. Discovery Inc. is speeding up the launch of a combined HBO Max/Discovery+ streaming service, a decision that comes as the company is facing growing pressure on its traditional media Read more
New Chinese COVID-19 measures reportedly leaves visitors stranded at Disneyland Shanghai
Visitors at Shanghai Disneyland were left stranded at the park on Monday, after the resort halted operations to comply with new COVID-19 restrictions amid a new outbreak of the virus. Read more