WEATHER ALERT
Disney names Gorman to serve as next chairman; anticipates naming new CEO in early 2026
Read full article: Disney names Gorman to serve as next chairman; anticipates naming new CEO in early 2026The Walt Disney Co. is tapping Morgan Stanley executive James Gorman to serve as its next chairman, beginning early next year.
Disney names Gorman to serve as next chairman; anticipates naming new CEO in early 2026
Read full article: Disney names Gorman to serve as next chairman; anticipates naming new CEO in early 2026The Walt Disney Co. is tapping Morgan Stanley executive James Gorman to serve as its next chairman, beginning early next year.
ESPN and other channels return to DirecTV with a new Disney deal after a nearly 2-week blackout
Read full article: ESPN and other channels return to DirecTV with a new Disney deal after a nearly 2-week blackoutDirecTV on Saturday announced it had reached a deal with Walt Disney Co. that will restore ESPN and ABC-owned stations to its service after a nearly 2-week dispute that blacked out those networks for millions of viewers across the U.S. The end of the impasse came in time for sports fans to watch ESPN’s slate of college football games on DirecTV.
‘Deadpool’ and ‘Alien’ top charts again as ‘Blink Twice’ sees quiet opening
Read full article: ‘Deadpool’ and ‘Alien’ top charts again as ‘Blink Twice’ sees quiet opening“Deadpool & Wolverine," “Alien: Romulus” and “It Ends With Us” topped the charts again at the box office, outperforming new releases like “Blink Twice” and “The Crow.”.
Disney names Gorman to chair its succession planning committee
Read full article: Disney names Gorman to chair its succession planning committeeThe Walt Disney Co. has tapped James Gorman to lead its succession planning committee as the entertainment company continues to work toward finding someone to take over the helm from Bob Iger.
Disney drops bid to have allergy-death lawsuit tossed because plaintiff signed up for Disney+
Read full article: Disney drops bid to have allergy-death lawsuit tossed because plaintiff signed up for Disney+Disney is no longer asking a Florida court to dismiss a wrongful death lawsuit on the grounds that the victim’s family had signed up for its streaming service Disney+.
Disney's streaming business is profitable for first time, but slowing US park business ups anxiety
Read full article: Disney's streaming business is profitable for first time, but slowing US park business ups anxietyDisney returned to a profitable third quarter as its combined streaming business started making money for the first time, along with a very strong showing in theaters for the movie “Inside Out 2.”.
Disney's streaming business turns a profit in first financial report since challenge to Iger
Read full article: Disney's streaming business turns a profit in first financial report since challenge to IgerThe Walt Disney Co. moved to a loss in its second quarter, hampered by significantly higher restructuring and impairment charges, but its adjusted profit topped Wall Street’s view and its streaming business was profitable.
Kim Godwin out as ABC News president after 3 years as first Black woman as network news chief
Read full article: Kim Godwin out as ABC News president after 3 years as first Black woman as network news chiefKim Godwin is out as ABC News president after three years as the first Black woman to lead a television network news division.
Stock market today: Asian shares mostly rise cheered by Wall Street finish
Read full article: Stock market today: Asian shares mostly rise cheered by Wall Street finishAsian shares are mostly higher after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year.
Stock market today: Tokyo hits 30-year high, with many Asian markets shut for Lunar New Year holiday
Read full article: Stock market today: Tokyo hits 30-year high, with many Asian markets shut for Lunar New Year holidayAsian shares are mostly higher as Tokyo's benchmark momentarily touched a 34-year high, while many regional markets were closed for the Lunar New Year holiday.
In first interview since conviction, Jonathan Majors says he hopes to work in Hollywood again
Read full article: In first interview since conviction, Jonathan Majors says he hopes to work in Hollywood againIn his first interview since his assault and harassment conviction last month, actor Jonathan Majors says he hopes to work in Hollywood again.
Orange County lawmakers to seek Disney district redo
Read full article: Orange County lawmakers to seek Disney district redoOrange County lawmakers Friday backed a longshot proposal that could essentially return to the Walt Disney Co. control of a special taxing district that was revamped after Gov. Ron DeSantis got into a feud with the entertainment giant.
Disney inks agreement with ValueAct, secures its support for company's board nominees
Read full article: Disney inks agreement with ValueAct, secures its support for company's board nomineesDisney has a new ally in activist investor ValueAct Capital Management, garnering its support for the company’s board nominees as it continues to wage a proxy battle with Nelson Peltz.
Was 2023 a tipping point for movies? 'Barbie' success and Marvel struggles may signal a shift
Read full article: Was 2023 a tipping point for movies? 'Barbie' success and Marvel struggles may signal a shiftFor the first time in more than two decades, the top three movies at the box office this year didn't include a sequel or a remake.
'Hunger Games' feasts, 'Napoleon' conquers but 'Wish' doesn't come true at Thanksgiving box office
Read full article: 'Hunger Games' feasts, 'Napoleon' conquers but 'Wish' doesn't come true at Thanksgiving box officeThe Walt Disney Co.’s “Wish” had been expected to rule the Thanksgiving weekend box office, but moviegoers instead feasted on leftovers, as “The Hunger Games: Songbirds and Snakes” led ticket sales for the second weekend, according to studio estimates Sunday.
Disney to acquire the remainder of Hulu from Comcast for at least $8.6 billion
Read full article: Disney to acquire the remainder of Hulu from Comcast for at least $8.6 billionWalt Disney Co. said it will acquire a 33% stake in Hulu from Comcast for at least $8.6 billion, a deal that will give Disney full control of the streaming service.
Disney pouring $60 billion into theme parks, cruises over the next 10 years
Read full article: Disney pouring $60 billion into theme parks, cruises over the next 10 yearsThe Walt Disney Co. is planning to invest approximately $60 billion into its theme parks and cruise lines over the next decade, as the company looks to continue growing one of its more successful business segments.
Disney, Charter settle cable dispute hours before 'Monday Night Football' season opener
Read full article: Disney, Charter settle cable dispute hours before 'Monday Night Football' season openerDisney and Charter Communications announced a deal to settle a dispute that had cut some 15 million cable TV customers off from ESPN and other Disney-owned stations.
Disney, Spectrum direct customers to other TV services as dispute keeping ESPN off air continues
Read full article: Disney, Spectrum direct customers to other TV services as dispute keeping ESPN off air continuesA business dispute that has pulled ESPN and other Disney-owned companies off the air for nearly 15 million cable TV subscribers continues, with both companies taking the unusual step of directing customers to look elsewhere for their favorite networks.
Ahead of big sports weekend, dispute with Disney leaves millions of cable subscribers in the dark
Read full article: Ahead of big sports weekend, dispute with Disney leaves millions of cable subscribers in the darkA dispute between Disney and Charter Communications has left nearly 15 million Spectrum TV cable television subscribers without some of their favorite networks.
ESPN strikes $1.5B deal to jump into sports betting with Penn Entertainment
Read full article: ESPN strikes $1.5B deal to jump into sports betting with Penn EntertainmentDisney-owned ESPN has licensed its brand for use in a sports betting app, striking a deal in which it will receive $1.5 billion and other considerations from Penn Entertainment.
Indiana Jones’ box office destiny? A lukewarm $60 million debut in North America
Read full article: Indiana Jones’ box office destiny? A lukewarm $60 million debut in North AmericaMoviegoers were only moderately interested in going to the theater to say goodbye to Harrison Ford’s archaeologist character in “Indiana Jones and the Dial of Destiny.”.
Disney backed in stockholder lawsuit over internal ‘Parental Rights in Education’ talks
Read full article: Disney backed in stockholder lawsuit over internal ‘Parental Rights in Education’ talksA Delaware judge ruled Tuesday against the request for additional records and said the plaintiff “is not describing potential wrongdoing. He is critiquing a business decision.”
DeSantis asks that judge be disqualified from Disney’s free speech lawsuit
Read full article: DeSantis asks that judge be disqualified from Disney’s free speech lawsuitGov. Ron DeSantis is asking that a federal judge be disqualified from the First Amendment lawsuit filed by Disney against the Florida governor and his appointees.
Disney scraps plans for new Florida campus as fight with Gov. Ron DeSantis continues
Read full article: Disney scraps plans for new Florida campus as fight with Gov. Ron DeSantis continuesThe Walt Disney Co. says it's scrapping plans to build a new campus in central Florida and relocate 2,000 employees from Southern California to work in digital technology, finance and product development.
Disney posts higher second-quarter earnings and revenue thanks to strong theme parks business
Read full article: Disney posts higher second-quarter earnings and revenue thanks to strong theme parks businessOngoing strength at its theme parks and an improving streaming business propelled The Walt Disney Co. to higher profits and revenue in its fiscal second quarter.
Disney board axed X-rated stores, tattoo parlors; forgot about jails
Read full article: Disney board axed X-rated stores, tattoo parlors; forgot about jailsBefore allies of Gov. Ron DeSantis took over, Disney World’s governing district reached an agreement in February with the company to prohibit a long list of businesses from ever being operated on its property.
Disney updates lawsuit against DeSantis to add new events
Read full article: Disney updates lawsuit against DeSantis to add new eventsDisney has amended its free speech lawsuit against Gov. Ron DeSantis to add recent developments in the tit-for-tat fight between the entertainment giant and the Florida governor.
Disney parks at the forefront after Iger’s return
Read full article: Disney parks at the forefront after Iger’s returnIt’s been six months since Bob Iger canceled his retirement and stepped back into the top role at Disney to right a number of perceived wrongs under his handpicked successor, with one hovering right near the top: reconnecting with the Disney theme park die-hards and restoring their faith in the brand.
Disney parks at the forefront after Iger's return
Read full article: Disney parks at the forefront after Iger's returnIt’s been six months since Bob Iger canceled his retirement and stepped back into the top role at Disney to right a number of perceived wrongs under his handpicked successor, with one hovering right near the top: reconnecting with the Disney theme park die-hards and restoring their faith in the brand.
Peltz, citing changes at Disney, ends push for set on board
Read full article: Peltz, citing changes at Disney, ends push for set on boardActivist investor Nelson Peltz is calling off a proxy fight with Disney one day after newly returned CEO Bob Iger announced a major restructuring of the company that includes thousands of job cuts.
Disney says New ‘Toy Story,’ ‘Frozen’ and ‘Zootopia’ movies on tap
Read full article: Disney says New ‘Toy Story,’ ‘Frozen’ and ‘Zootopia’ movies on tapDisney is working on sequels for its “Toy Story,” “Frozen” and “Zootopia” franchises as the company concentrates more on brands that have continued to perform well.
Bill putting Disney’s special district under DeSantis’ control moves forward in Florida House
Read full article: Bill putting Disney’s special district under DeSantis’ control moves forward in Florida HouseThe Florida House is ready to take up a proposal that would shift control of the Reedy Creek Improvement District and give it a new name.
Disney cuts Simpsons 'forced labor' episode in Hong Kong
Read full article: Disney cuts Simpsons 'forced labor' episode in Hong KongWalt Disney Co. has removed from its streaming service in Hong Kong an episode from its cartoon series The Simpsons that includes a reference to “forced labor camps” in China.
'Avatar' marks 6 straight weeks at No. 1, crosses $2 billion
Read full article: 'Avatar' marks 6 straight weeks at No. 1, crosses $2 billionJames Cameron’s “Avatar: The Way of Water” led ticket sales in movie theaters for the sixth straight weekend, making it the first film to have such a sustained reign atop the box office since 2009′s “Avatar.”.
Disney faces proxy fight as Peltz pushes to join board
Read full article: Disney faces proxy fight as Peltz pushes to join boardActivist investor Nelson Peltz is fighting for a seat on the board of Walt Disney Co., claiming that the theme park and media company is struggling with self-inflicted problems.
Feast and famine for Disney at Thanksgiving box office
Read full article: Feast and famine for Disney at Thanksgiving box officeThanksgiving often serves up a feast of new family movies at the box office, but the Walt Disney Co.’s animated offering “Strange World” fizzled with audiences out of the gates.
Disney+ ad-free subscription cost to rise by 38% in December
Read full article: Disney+ ad-free subscription cost to rise by 38% in DecemberDisney said it is raising prices for streaming subscribers in the U_S_ who want to watch Disney+ without ads as more viewers switch to what CEO Bob Chapek described Wednesday as the “best value in streaming.”.
Reports: Walt Disney Co. to cover employee travel expenses for abortions
Read full article: Reports: Walt Disney Co. to cover employee travel expenses for abortionsAccording to published media reports, Disney sent a letter to employees Friday, saying it would offer the benefit for family planning for any worker who cannot access abortive care where they live.
United Arab Emirates bans Pixar's 'Lightyear' from showing
Read full article: United Arab Emirates bans Pixar's 'Lightyear' from showingThe United Arab Emirates has banned the upcoming Pixar animated feature “Lightyear” from showing in movie theaters after its inclusion of a kiss between two lesbian characters.
Disney revenues increase in second quarter with help of parks, Disney+
Read full article: Disney revenues increase in second quarter with help of parks, Disney+While the company touted its gains to investors, it did not say anything about the dismantling of the special district that governs Walt Disney World.
Walt Disney Co. Q2 results fall short but subscribers grow
Read full article: Walt Disney Co. Q2 results fall short but subscribers growThe Walt Disney Co. missed Wall Street’s expectations for its fiscal second quarter, dinged by over $1 billion it paid in early termination fees for TV shows and films it wanted to use on its own streaming service.
Disney government dissolution bill signed by DeSantis
Read full article: Disney government dissolution bill signed by DeSantisFlorida Gov. Ron DeSantis has signed a bill dissolving Walt Disney World’s private government, after the entertainment giant criticized a measure that critics have dubbed the “Don’t Say Gay” law.
EXPLAINER: Why are Disney and DeSantis feuding in Florida?
Read full article: EXPLAINER: Why are Disney and DeSantis feuding in Florida?The Florida Legislature has passed a bill to dissolve a private government controlled by Disney that provides municipal-like services for its 27,000 acres in the Sunshine State.
Why are Disney and DeSantis feuding in Florida? We explain
Read full article: Why are Disney and DeSantis feuding in Florida? We explainFlorida Gov. Ron DeSantis signed a bill to dissolve a private government controlled by Disney that provides municipal-like services for its 27,000 acres (nearly 11,000 hectares) in the Sunshine State.
Years of fruitful relations between Disney, Florida at risk
Read full article: Years of fruitful relations between Disney, Florida at riskThe idea was presented to Florida lawmakers in a movie house outside Orlando 55 years ago: Let Disney form its own government and in exchange it would create a futuristic city of tomorrow.
What is a special district in Florida? Here’s an explanation
Read full article: What is a special district in Florida? Here’s an explanationGov. Ron DeSantis announced Tuesday the state legislature would be taking up a bill during their special session that would look to dissolve six special districts in the state, including the Reedy Creek Improvement District which governs Walt Disney World.
With walkout threat over Florida’s parental rights bill, Disney finds itself in balancing act
Read full article: With walkout threat over Florida’s parental rights bill, Disney finds itself in balancing actEven though only a small percentage of Walt Disney Co. workers participated in a walkout, organizers felt they had won a moral victory with the company issuing a statement denouncing the anti-LGBTQ legislation that sparked employee outrage.
New this week: 'Law & Order,' Madea and Tears for Fears
Read full article: New this week: 'Law & Order,' Madea and Tears for FearsThis week’s new entertainment releases include a new album from Tears for Fears, that familiar “cha-CHUNG” sound effect signals the return to TV of NBC’s “Law & Order” and Tyler Perry’s gun-totting grandmother Madea in a fresh Netflix film.
'Death on the Nile' tops a quiet box office weekend
Read full article: 'Death on the Nile' tops a quiet box office weekendHollywood’s Super Bowl weekend largely fizzled with the muted debut of Kenneth Branagh’s long-delayed Agatha Christie whodunit, “Death on the Nile,” a tepid reception for the Jennifer Lopez romantic-comedy “Marry Me” and modest box-office bumps for Oscar nominees.
Disney delays 'Indiana Jones 5,’ ‘Black Panther 2’ releases
Read full article: Disney delays 'Indiana Jones 5,’ ‘Black Panther 2’ releasesThe Walt Disney Co_ is pushing back the release dates of many of its upcoming titles, including the untitled Indiana Jones movie and the Black Panther sequel “Wakanda Forever.”.
Evel Knievel's son loses Disney Duke Caboom trademark case
Read full article: Evel Knievel's son loses Disney Duke Caboom trademark caseA judge has dismissed a trademark infringement lawsuit filed by Evel Knievel’s son against the Walt Disney Co. and movie company Pixar over a “Toy Story 4” daredevil character named Duke Caboom.
'Shang-Chi' tops box office for 3rd straight weekend
Read full article: 'Shang-Chi' tops box office for 3rd straight weekend“Shang-Chi and the Legend of the Ten Rings” is the top film at the box office for the third straight weekend, but the muted reception for Clint Eastwood’s “Cry Macho” suggests older moviegoers still aren’t as eager to return to theaters.
‘Every minute is magic:’ Disney’s Citizen main street clock gets 50th anniversary touch
Read full article: ‘Every minute is magic:’ Disney’s Citizen main street clock gets 50th anniversary touchOver the past several months, areas around the resort have been getting some sparkling EARidescent enchantments.
'Shang-Chi' blasts Labor Day records with $71.4M debut
Read full article: 'Shang-Chi' blasts Labor Day records with $71.4M debutOn what’s traditionally one of the sleepiest weekends at the movies, the Marvel film “Shang-Chi and the Legend of the Ten Rings” smashed the record for Labor Day openings with an estimated $71.4 million in ticket sales.
With coronavirus rising, 'The Suicide Squad' opens softly
Read full article: With coronavirus rising, 'The Suicide Squad' opens softlyMoviegoing, once expected to be closer to semi-normal levels by now, continues to be battered by the pandemic, the delta variant of the coronavirus and in-home streaming.
Scarlett Johansson sues Disney over ‘Black Widow’ release
Read full article: Scarlett Johansson sues Disney over ‘Black Widow’ releaseScarlett Johansson is suing the Walt Disney Co. over its streaming release of “Black Widow,” which she said breached her contract and deprived her of potential earnings.
Disney opening campus in Lake Nona, moving some SoCal workers
Read full article: Disney opening campus in Lake Nona, moving some SoCal workersThe Walt Disney Co. says it plans to build a new regional campus in Central Florida to house at least 2,000 professional employees who will be relocating from Southern California to work in digital technology, finance and product development.