Page 7 - Disney

Disney Star likely to rake in Rs 2,000 crore from ICC World Cup ads

The share of digital in the ad revenues may hit 50 per cent, say media planners

Disney shares Fall over 3% after doubling park spending to $60 billion

Disney said it has seen record growth in customer spending at parks over past two years, and significant decrease in number of tickets it sells at a discount, compared with before pandemic

Byron Allen submits $10 billion bid for ABC, other Disney networks

Allen is basing his offer on the assumption that the properties generated $1.25 billion in earnings before interest, taxes, depreciation and amortization over the past 12 months

Cricket is money: What is at stake in BCCI media rights e-auction

In 2018, Star Sports won the BCCI TV and digital rights for Rs 6,138.1 crore. It had outbid Reliance and Sony to win the media rights.

BCCI media rights auction on August 31: Disney Star, Sony and Jio in fray

BCCI media rights news: Earlier this month, the BCCI had released the e-auction tender to sell rights for all formats of international cricket India will play at home in the next 5 years

Disney gambles on free cricket to turn the tables in India streaming war

The India streaming operations, which were Disney's biggest last year globally by users, posted a loss of $41.5 million on revenue of $390 million for the year to March 2022, its last disclosed result

Disney rises over 6% as cost cuts, Hollywood strikes save $3 billion

Disney expects content spending this year to total about $27 billion, Kevin Lansberry, acting chief financial officer, said Wednesday on a call with investors after the Burbank

Disney's ESPN seeks strategic partners to advance sports streaming

ESPN has had talks with National Basketball Association, National Football League and the National Hockey League for potential partnerships

BCCI issues media rights tender for domestic, international matches

In 2018, Disney Star retained the BCCI media rights by paying Rs 6,138 crore for the five-year cycle (2018-23)

Disney's struggle in India

Disney and Sony's journeys in India have been a study in contrast, where one thrives while the other, despite owning a large profitable business, is looking for an exit

Court order on Disney's in-app payment in India temporary: Google

Google will need to comply with the court directives until it is overturned or modified

Google cannot remove Disney app in tussle over in-app charges: Court

The court in a Tuesday hearing said Disney should now pay a 4% service fee to Google, and said the streaming app should not be removed from Google's app store

Disney extends CEO Bob Iger's contract two more years through 2026

Bob Iger will remain as CEO of The Walt Disney Co. through the end of 2026, agreeing to a two-year contract extension that will give the entertainment and theme park company some breathing room to find his successor. Shares climbed before the market open on Thursday. Iger rejoined Disney as CEO in November, taking over control of the company from Bob Chapek. He had previously served as CEO and chairman from 2005 to 2020 and then as executive chairman and chairman through 2021. Chapek's short tenure was met by much criticism, particularly from Disney park loyalists who openly criticised Chapek on social media. The perception among many fans was that Chapek had a business first, customer last mentality. Iger wasted no time once back in the CEO role, making one of his priorities reconnecting with the Disney theme park die-hards and restoring their faith in the brand. Because I want to ensure Disney is strongly positioned when my successor takes the helm, I have agreed to the board's

Top headlines: India's outward FDI shrinks, HCL Tech to acquire ASAP group

Business Standard brings you the top headlines at this hour

Disney's India business sale may attract private equity firms, local rivals

In 2019, when Walt Disney acquired 21st Century Fox's entertainment business for $71.3 billion, the valuation of the India business was pegged at $14-15 billion

Walt Disney Co weighs options for struggling TV business in India

Disney's plan to consider at least a partial pullout from its India TV business came after CEO Bob Iger expressed his disappointment with the company's performance in India

Disney exploring strategic options for its India biz including JV, and sale

The company has talked to at least one bank about ways to help the India business grow, while sharing some of the costs, according to the report

Disneyland to put 1,500 collectables up for auction later in July

Fans who agree Disneyland is indeed the happiest place on Earth will soon be able to take home more than a souvenir. A passionate collector has brought Disney magic to a sprawling 30,000-square-foot (2,800-square-meter) building in Burbank, California, where fans can hear birds chirping in the Enchanted Tiki Room section or giggle at the animated ghosts from the Haunted Mansion ride as they preview more than 1,500 items up for auction later this month. Joel Magee has been building his collection of more than 6,000 items including costumes, rare posters, and life-size vehicles from rides like Dumbo and Peter Pan for 30 years, and he's finally ready to share some of it with the public. I'm one of those guys go big or go home. And if you don't have the biggest, then it ain't the best, Magee told The Associated Press in a recent interview, as fans milled about the exhibit. Magee's is the largest individually owned Disneyland/Disney Park collection in the world. It's really kind of .

National Geographic lays off last writers, will not be sold in US anymore

National Geographic layoffs: Job cuts by Disney, the publication's parent company, were the second over the past nine months

Netflix, Amazon, Disney-backed group protests India's tobacco rules: Report

As part of India's anti-tobacco drive, the health ministry last month ordered streaming platforms to insert static health warnings during smoking scenes within three months