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...Disney urged affected subscribers to consider signing up for Hulu, the streaming service in which it has a majority stake, along with Comcast....
...Now Pitaro is preparing to launch ESPN as a “flagship” streaming service in August 2025 that will carry programming that appears on the TV network as well as gaming, shopping and other interactive content...
...ISS only recommended Disney shareholders support Peltz, not Rasulo....
...The valuation multiple now ascribed to ESPN may be too low for Disney’s business, which includes theme parks and the movie studio....
...Bob Iger, Disney chief executive, said the launch would be “a significant moment for Disney and ESPN, a major win for sports fans, and an important step forward for the media business”....
...In a country not known for its shopaholic tendencies, one Japanese chipmaker’s shopping spree is going strong....
...Bob Iger defeats Nelson Peltz by wide margin in Walt Disney board clash The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino....
...It lost more than $1.6bn from its streaming businesses in the first nine months of 2023, during which its Disney+ service gained 8mn subscribers....
...After her easy-to-dress toddler years came an obsession with Disney princess gowns, which she would wear with pride to the playground....
...The losses come as the sharp acceleration of trends such as videoconferencing and online shopping driven by the lockdowns has proven less durable than expected, as more workers migrate back to the office...
...Iger returned to the chief executive role in November 2022 at a time when Disney was being heavily criticised for being “too woke”....
...But the entrance of Disney — the entertainment giant behind Mickey Mouse and Pixar animation studios — into gambling, a product linked to addiction, is not without risks....
...Disney’s direct-to-consumer unit, which includes streaming service Disney+, is still reporting large operating losses....
...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
...The first, Disney executive Kevin Mayer, lasted only a few months. Successor Chew Shou Zi has stuck around for three years....
...“Everybody is in business with him — Amazon, Netflix, Apple, Paramount and Disney all have a good relationship with David.”...
...The first watch licensed by the Walt Disney Company became a “cultural phenomenon”, says Nicole Carroll, manager for research at Walt Disney Archives....
...The vast majority of them will never have a contract or fiduciary duty dispute of any significance, and irritating shareholders with a forum-shopping gambit is almost certainly not worth it....
...Max launched in the US in May 2023 in an attempt to challenge Netflix, Disney and Amazon in the streaming market, and in Latin America and the Caribbean earlier this year....
...The latter presents the Mickey Mouse minute repeater that unites a hattrick of the master’s horological signatures: octagonal case, minute repeater and Disney dial....
...Chaumet’s four-part series includes ear cuffs of feather-engraved rose-gold and diamonds, a hair ornament inspired by a swoop of soaring swallows, and a Disney princess-style tiara that converts into brooches...
...Apple’s decision was first reported by Axios, and the New York Times first reported Disney’s move....
...Disney streams content in India and its neighbours through Disney+ Hotstar, which evolved from the Star India platform Disney acquired along with other 21st Century Fox assets in 2019....
...Disney’s ESPN was just one potentially formidable competitor that entered the market last year to challenge leaders Flutter — owner of FanDuel — and DraftKings....
...Netflix continues to thrive and Disney’s streaming business has turned its first profit since launching in 2019 but the outlook for the rest of the sector remains uncertain....
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