Six Flags and Disney results show Americans are abandoning the rollercoaster circuit
Recent earning calls from two of the US's premier theme park chains show hint at a growing sense of apathy within America's world-class rollercoaster circuit. Six Flags reported second-quarter reve...
Disney may be near a ‘turning point' — for better or worse
Bob Iger has his work cut out for him as he tries to orchestrate a turnaround of Walt Disney Co. And while some on Wall Street were willing to give him credit for signs of progress after Wednesday'...
Disney is grappling with the realities of a difficult and complicated business: Semafor's Ben Smith
Ben Smith, Semafor co-founder and editor-in-chief, joins 'Squawk Box' to break down Disney's quarterly earnings results, the challenges facing CEO Bob Iger, and more.
ESPN Penn Entertainment Deal Is Disney's First Move Into Sports Betting
With the ESPN and Penn Entertainment deal, Disney is officially entering the world of sports betting.
Disney's Subscriber Woes, Restructuring Costs Weigh Heavy Amid Mixed Earnings
Walt Disney and Co. lost about 12 million Disney+ streaming subscribers, took a big hit due to restructuring costs, and missed revenue projections, but its third-quarter earnings per share beat ana...
Penn spent some $550 million on Barstool Sports. Dave Portnoy got it back for $1.
In February 2020, casino operator and online betting company Penn Entertainment Inc. took a 36% stake in Barstool Sports for $161 million. This year, Penn bought the rest for $388 million.
Disney has a 'structural' problem, but its park business is fine: Michael Yoshikami
Michael Yoshikami of Destination Wealth Management says that the strength of Disney's brand will help them through structural problems such as the transition to streaming.
Disney to hike streaming prices and crack down on password sharing amid pressure on earnings
Walt Disney Co. CEO Bob Iger vowed to make its streaming services profitable via a planned October price hike on its ad-free Disney+ and Hulu plans and a crackdown on password sharing expected to e...
Disney puts up streaming prices as IPL loss takes toll
Disney has put up the price on its streaming services and will increase the amount of advertising to offset a slump in subscriber numbers. Streaming platform Disney+ saw subscribers drop by 7.4% qu...
100 Days Into Strike: Netflix And Disney Hiring AI Talent, Celebrities Seeking Side Jobs
Now one of the longest strikes in Hollywood history, celebrities speak out on the picket line while others seek out side hustles. What's at stake in the fight against AI.
The strike is unlikely to be 'make or break' for Disney, says investment advisory firm
Josh Brown, CEO of Ritholtz Wealth Management, discusses Disney's mixed third-quarter earnings and Hollywood's writer and actor strikes.
Disney Gets Iger's Second Show on the Road
The entertainment giant used an eventful quarterly report to announce a boost to some of its streaming prices.
Disney's Hotstar loses 12.5 million subscribers in a quarter amid cricket shortfall
Disney+ Hotstar lost nearly a fourth of its customer base, or 12.5 million subscribers, in the quarter ending June, Disney disclosed in its earnings Wednesday, the ongoing setback at the India-focu...
Bob Iger On Linear Television, ESPN And Disney's Streaming Pivot – “Thinking Expansively And Considering A Variety Of Strategic Options”
Disney CEO Bob Iger shook up the entertainment industry and Wall Street last month when he declared to CNBC at Sun Valley that linear television may be non-core and that he's looking for partners f...
Disney continues its ruin of streaming in pursuit of the almighty dollar
Walt Disney Co. Chief Executive Bob Iger wants the company's streaming business to be more like Netflix, but he may further ruin it in his pursuit.
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