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DirecTV, Disney near deal to end blackout
CNBC· 2024-09-14 12:54
A Clemson Tigers helmet on the field of last season's College Football Playoff National Championship Game. Clemson is among the NCAA Division I major conference programs to recently have football players test positive for Covid-19, adding more uncertainty to the planned start of college football season.DirecTV and Disney are nearing a deal that will bring Disney's ESPN and other channels back to the pay-tv provider's customers after a roughly two week blackout, according to people familiar with the matter.T ...
What Does Disney Need From Its New CEO? Five Things To Look For.
Forbes· 2024-09-12 18:39
Disney CEO Bob Iger speaks at the Bloomberg Global Business Forum.Copyright 2019 The Associated Press. All rights reservedDisney chief executive officer Bob Iger has less than two years left on his contract, and speculation is ripe over who will succeed him—for a second time. Four years ago, Iger nominally handed over the company’s reigns to Disney Parks and Resorts Chairman Bob Chapek, whose successful tenure in that position included the launch of Shanghai Disneyland and led the unit to impressive increas ...
Why a Disney vacation may have gotten too pricey for the average American family
CNBC· 2024-09-10 12:00
The U.S. travel sector has been surprisingly resilient when it comes to travel.Domestic travel numbers have returned to pre-pandemic levels and air travel has surged even as more than a third of travelers planned to take on debt for summer trips. However, inflation-weary consumers might be taking their money elsewhere when it comes to theme parks.In its 2024 third-quarter results, Disney blamed a "softening consumer environment" for sliding demand in its theme parks. Domestic parks, which include Walt Disne ...
DirecTV customers will likely miss 'Monday Night Football' NFL game as carriage fight with Disney continues
CNBC· 2024-09-09 22:06
A general view of the ESPN Monday Night Countdown booth prior to the game between the Jacksonville Jaguars and the Cincinnati Bengals at EverBank Stadium on December 04, 2023 in Jacksonville, Florida.Millions of DirecTV customers will likely be unable to watch the NFL's opening "Monday Night Football" game on ESPN as the company has yet to reach a deal with network parent Disney as of Monday evening.Disney's TV networks went dark on Sept. 1 for DirecTV's customers amid a carriage battle over fees and bundli ...
Will Parks & Cruises Lift Disney After 22% Stock Decline in 6 Months?
ZACKS· 2024-09-09 15:15
Disney (DIS) , a titan in the entertainment industry, has faced significant challenges in recent months, with its stock price plummeting 21.7% over the past six months. This sharp decline has left investors and analysts questioning the company's future prospects. However, amid this downturn, Disney's theme parks and cruise line businesses are emerging as potential catalysts for a much-needed recovery.The company's stock performance has been impacted by various factors, including increased competition in the ...
Can Disney Stock Avoid Falling for the Sixth Month in a Row?
The Motley Fool· 2024-09-09 11:30
Disney is sliding again in September, but there's still time for a fairy tale finish.You'd think that this would be a great time to be a Walt Disney (DIS -0.80%) shareholder. After a tough calendar 2023 at the box office, Disney has broken records with two of its summertime theatrical releases. Last month it announced major additions coming to its theme parks worldwide in the next five years. The media giant has posted double-digit percentage bottom-line beats over the past year. It also emerged victorious ...
The Biggest Reason to Love Disney Stock Today
The Motley Fool· 2024-09-07 09:33
Sports will play a bigger role in Disney's future than you might think.Disney (DIS -0.80%) has spent years building a streaming business, but there has been very little focus on sports so far. That could change in 2025 when ESPN goes over the top. And if Disney can get tens of millions of subscribers, this could be a massive growth driver. In this video, Travis Hoium digs into how a partner could unlock the key to Disney's sports ambitions.*Stock prices used were end-of-day prices of Sept. 5, 2024. The vide ...
Why Is Disney (DIS) Up 3.1% Since Last Earnings Report?
ZACKS· 2024-09-06 16:37
A month has gone by since the last earnings report for Walt Disney (DIS) . Shares have added about 3.1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Disney due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Disney Q3 Earnings Beat Estimates, Revenues Rise Y/YThe ...
Leaked Disney data includes secrets on Disney+, ESPN+ and Genie theme park passes: report
New York Post· 2024-09-05 13:38
Walt Disney was targeted by hackers who obtained sensitive internal company data including revenue figures from its Disney+ and ESPN+ streaming services as well as its Genie theme park passes, according to a report.A cyber-criminal operation known as “NullBulge” uploaded more than 1.1 terabytes of data in July that also included internal Slack messages in which employees sound off on the company’s battle with Florida Gov. Ron DeSantis over so-called “Don’t Say Gay” legislation.NullBulge, whom authorities be ...
Disney Leak Reportedly Reveals Data on Theme Park, Streaming Revenue
Investopedia· 2024-09-05 13:33
Key TakeawaysDisney data leaked online earlier this summer revealed information about the company's streaming and theme park operations at a more detailed level than the company typically includes in its quarterly earnings reports, the Wall Street Journal reported.Other data from the hack included personal information about staff and guests related to Disney's cruises and theme parks, along with Slack messages between employees.A group called Nullbulge took credit for the hack, and said they obtained it by ...