Shares of the stock surged on Thursday, the day after its earnings report, gaining more than 10% in what would be their best day in more than three years
Disney wants to keep confidential any proprietary information or trade secrets that comes out of its state court fight with Gov. Ron DeSantis' appointees over who controls the governing district at Walt Disney World. The entertainment giant asked a state court judge on Friday for a protective order allowing it to designate documents and depositions as confidential and requiring parties handling them to sign a nondisclosure agreement. The litigation is likely going to involve the disclosure of trade secrets, as well as technical, financial and personal information, which could result in significant harm if they are made public, Disney said in its request. The request was unopposed by the DeSantis appointees. Disney supporters had run the district, which provides municipal services such as firefighting, planning and mosquito control, for more than five decades after the Legislature created it in 1967. But legislation passed by the Republican-controlled Legislature and signed by DeSant
The valuation of Disney's India unit is sharply lower than the $15-$16 billion estimated when Disney acquired it in 2019
The communications between Sony's legal and M&A executives in India and Los Angeles with top Zee executives provide undisclosed details on the high-stakes backroom tussle
For decades, TV commercials have inspired and influenced future buying decisions rather than impulse purchases, and that hasn't changed in the streaming era
After weeks of negotiations following a non-binding pact with Ambani's Reliance Industries Ltd. to merge their entertainment business
Zee in August told Indian stock exchanges it had signed a strategic licence agreement with Disney to take over certain International Cricket Council TV broadcast rights
The Indian entertainment company was betting on the TV rights to retain its viewership and attract more advertisers in the cricket-crazy nation of more than 1.4 billion people
Reliance has appointed Indian law firm Khaitan & Co and Shardul Amarchand Mangaldas, while Disney has roped in AZB & Partners, the people said
Mickey Mouse's first screen release in the 1928 short film 'Steamboat Willie', featuring both him and Minnie Mouse, became available for public use from January 1
From Hindenburg's report on the Adani Group to the signing of the biggest aircraft orders by Air India and Indigo, India saw several important corporate news in 2023. Here are the 10 most significant
From acquisitions & mergers to resignations 2023 has been a year of significant milestones in the global corporate world. Here is a recap on all the major event that unfolded in 2023
The willingness to splurge on live entertainment is reshaping consumer behaviour
Catch all the latest updates from across the globe here
If a deal was struck, it would be the second to seismically reshape India's TV and streaming landscape as Japan's Sony also plans to merge its India business with India's Zee Entertainment
In his book, The Hero's Farewell: What Happens When CEOs Retire, Yale University professor Jeffrey Sonnenfeld chronicled several personality types who find it hard to leave
One key area of regulatory scrutiny for a Disney-Reliance merger would be their streaming businesses and their power over advertising during cricket
The first of these two transactions may come as early as Monday and would see Walt Disney Co. enter into a non-bidding agreement with Mukesh Ambani to merge their media businesses in the country
Disney and Reliance have held talks to merge their India businesses by forming a joint venture company in which Ambani's media unit would hold a majority stake
X, which does not regularly release user data, could not immediately be reached for comment on how the December sign-ups compared to average or why Yaccarino disclosed the figure