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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....
...“We’re now getting close to 2,000 employees worldwide. The idea is to keep investing,” said Carvalho....
...The firm’s worldwide partners voted to confirm the appointment of Christophe De Vusser to succeed Manny Maceda, who will step down on July 1 at the end of his second three-year term, according to people...
...Inside and outside Disney there is a sense that critical brands, particularly Marvel but also Star Wars and Pixar, were pushed too hard to feed the company’s streaming service Disney Plus....
...In a report on Thursday, Institutional Shareholder Services said that Peltz “could be additive to the succession process” once Disney chief executive Bob Iger steps down....
...Disney has debuted a standalone ESPN streaming service but it knows there may not be an audience big enough to support spending billions of dollars on sports rights....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a sports streaming service later this year that will aggregate the games offered by the media groups’ traditional television networks....
...BlackRock is not the only US company to step up security spending on its chief executive.Disney chief Bob Iger’s 2023 pay package included $1.2mn in costs for “security services and equipment”, the entertainment...
...Warner Bros Discovery is to launch its Max streaming service across Europe, bringing together popular TV shows such as The White Lotus with movies like Barbie to challenge market leaders Netflix and Disney...
...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....
...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
...Disney’s direct-to-consumer unit, which includes streaming service Disney+, is still reporting large operating losses....
...“What it means to be the worldwide leader in sports is different in 2023 than it was in 2013,” explained Kosner....
...The company’s operating income surged 54 per cent in the first quarter as it added 9.3mn subscribers worldwide, proving that the efforts to reduce password sharing it launched last year have had more lasting...
...Threads, a Twitter-like offshoot of the Instagram photo and video platform, was the fourth most downloaded service in app stores worldwide in December, according to Appfigures....
...Others, such as Sweaty Betty, now owned by US shoe group Wolverine Worldwide, have been acquired....
...Profits at Disney’s TV networks business unit fell by $1bn in the fiscal year 2023 as more customers moved to streaming services....
...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....
...“It’s déjà vu all over again,” said a spokesperson for Trian Partners, the hedge fund challenging Disney....
...Disney promoted subscriptions to its direct-to-consumer streaming service, Hulu, in which it holds a majority stake alongside Comcast....
...Disney, Warner Brothers Discovery and Fox said they will pool their live sports programming into a comprehensive streaming service....
...It has made a similar plea for other Disney streaming services, including Disney+, to be offered to its cable customers. Disney does not expect its streaming business to become profitable until 2024....
...And they do own one service that might provide an answer, but it's complicated. As a seller, they've not done a single thing for me....
...In the fourth quarter of 2023, Google Services made $76.3bn, with revenues primarily driven by advertising....
...The deal’s prospectus notes that Sotheby’s Financial was founded back in 1988 to enable “its clients worldwide to unlock liquidity in fine art, luxury items, and other collectibles through financing solutions...
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