Page 2 - Disney

Disney-Reliance may need to dilute cricket dominance to seal merger deal

According to seven antitrust lawyers, to keep the deal alive the companies will now have to come up with structural changes to their arrangement or so-called behavioural remedies

To seal India merger, Disney-Reliance may need to dilute cricket dominance

The companies can simply sell rights of certain cricket tournaments or for a particular medium, such as TV or streaming, to meet antitrust concerns, they said

Walt Disney tasks Morgan Stanley's Chairman Gorman to lead CEO search

Disney won a months-long proxy war earlier this year with activist investor Nelson Peltz who argued the company had underperformed

Disney plots villains-themed land, four new ships in big resorts push

Disney's announcements reveal how the firm will start $60 billion in capital investments

Tech wrap Aug 8: OnePlus Open Apex Edition, Lenovo Yoga Slim 7x

OnePlus Open Apex Edition foldable launched. Lenovo launches Yoga Slim 7x Copilot+ PC. Instagram to make Views as primary metric for content. Samsung Independence Day offer for Galaxy S24

Disney Plus set to do away with password sharing starting September: Report

Disney Plus will put an end to password sharing with people outside the household from September. User might have to pay for sharing subscriptions with non-household members

Disney returns to profit in Q3 as streaming business starts making money

Disney returned to a profitable third quarter as its combined streaming business started making money for the first time and the movie Inside Out 2 did well in theatres. Operating income for the entertainment segment nearly tripled to USD 1.2 billion thanks to better performances from its direct-to-consumer and content sales/licensing and Other segments. The Walt Disney Co. said Wednesday that its direct-to-consumer business, which includes Disney+ and Hulu, reported a quarterly operating loss of USD 19 million, which was smaller than its loss of USD 505 million a year earlier. Revenue climbed 15 per cent to USD 5.81 billion. For the period ended June 29, Disney earned USD 2.62 billion, or USD 1.43 per share. A year earlier it lost USD 460 million, or 25 cents per share. Stripping out one-time gains, earnings were USD 1.39 per share, easily topping the USD 1.20 analysts polled by Zacks Investment Research expected. Revenue for the Burbank, California, company rose 4 per cent to US

Hotstar, JioCinema beat parent companies' TV businesses in valuation race

On February 28, RIL and Disney finalised a deal to merge Star India and Viacom18, resulting in a new entity valued at Rs 70,352 crore, which includes a Rs 11,500 crore capital infusion from RIL

Fox, Disney, Warner Bros's sports-streaming JV priced at $42.99 per month

The companies announced the service in February to woo younger viewers who are not tuned in to cable TV by bundling their broad portfolio of sports rights

CCI sends antitrust queries to Reliance, Disney for $8.5 bn merger: Report

The CCI has also asked the companies details on which entity owns which sports rights and for how long, as well as information on who had bid for them previously

Disney's Slack under attack: Hacktivists expose chat data on artist rights

Hacktivist group NullBulge accessed Disney's network through a compromised video game mod installed by a developer. Unlike typical hackers, the group appears to be uninterested in financial gains

The Devil Wears Prada to get a sequel after 18 years: All you need to know

Disney is working on a sequel to the 2006 hit movie 'The Devil Wear Prada' starring Meryl Streep, Anne Hathaway and Emily Blunt

OTT releases this week: Pill to Showtime, here are the top 5 releases

Many top series and movies are going to be released on different OTT platforms like Netflix, Zee5, and Disney+ Hotstar. Here are the top 5 releases of this week

Popular talk show Koffee with Karan set to return in 2025, Johar confirms

Karan Johar is returning with his popular talk show 'Koffee with Karan' in 2025. Season 8 of the show premiered on Disney+ Hotstar

In a first, Disney+ Hotstar launches 'pause ads' feature for CTV feed

Users pause content four to five times daily, with 90% of these pauses lasting less than 10 seconds; Disney+ Hotstar is the first platform in India to introduce the 'pause ads' feature

Disney, Florida Governor end feud with deal on 15-year expansion plan

Under the agreement with the Central Florida Tourism Oversight District, Disney said it would spend at least $8 billion at the resort over a decade with a total of $17 billion invested over 10-20 year

Billionaire Peltz's Trian sells entire Disney stake after board fight

Disney shareholders had last month backed CEO Bob Iger and other company directors after a multimillion-dollar, mud-slinging battle launched by Peltz and Blackwells Capital

Disney to sell 30% stake in Tata Play to Tata Group, valuing co at $1 bn

The transaction values Tata Play Ltd. at about $1 billion, the people said. Tata Group took full control of the TV platform after buying the 29.8% stake from Disney

Disney, Warner Bros to start streaming bundle of Disney+, Hulu and Max

Customers will be able to sign up on any of the three individual websites and chose from an ad-free or ad-supported plan. No prices were disclosed

Disney's surprise streaming entertainment profit offset by weaker TV biz

Revenue from traditional television business declined 8% to $2.77 billion and operating profit fell 22% from a year ago