The streaming business should turn positive in the fourth quarter, which would give the stock a boost.Walt Disney (DIS 0.32%) stock has taken a huge hit over the past few years as the company deals with one problem after another. It's lost nearly half of its value over the past three years, a huge blow to shareholders of the world's premier entertainment company.Could the tide finally be turning? All eyes are on this one number.The more it changes, the more Disney stays the sameDisney hasn't changed much fr ...

Disney wrongly claimed it was considering offering workers shares in its production companies (Photo ... [+] by Tommaso Boddi/Getty Images)Getty ImagesDisney has revealed that at the height of the dispute between actors, writers and Hollywood studios last year, it filed official documents which wrongly claimed it was considering offering employees shares in the production companies behind its movies.Hollywood was gripped by strikes for more than six months after the Writers Guild of America (WGA) downed the ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFor over a decade, consumers have been increasingly ditching the pay-TV bundle. Recently, media firms have ...

Disney overstated the emissions of its cruise ships by 35 times (Photo by David Roark/Disney via ... [+] Getty Images)Getty ImagesDisney has revealed that its cruise line repeatedly overstated its emissions in company filings due to a systematic error which led to the results being as much as 35 times higher than they actually were.Disney's cruise line launched in 1998 but it first dipped its toe in the water in the mid-1980s. It began by signing a partnership which allowed the now-defunct Premier Cruise Li ...

Key TakeawaysDirecTV and Disney reached an agreement over the weekend to bring Disney-owned channels back to DirecTV's 11 million subscribers.The sides had been in the midst of a contract dispute since a previous deal expired earlier this month, taking Disney's channels off the air.The deal came in time for the weekend's college football broadcasts, along with Monday night's NFL game featuring the Philadelphia Eagles and Atlanta Falcons. Fans of football and award shows were able to breathe a sigh of relief ...

ToplineDisney and DirecTV reached a crucial deal Saturday, effectively bringing back college football broadcasts for DirecTV customers who lost access to Disney networks like ABC and ESPN after the cable provider and Disney battled over a distribution agreement at the start of the month.The blackout began Sept. 1. (Photo by John Fisher/Getty Images)Getty Images Key FactsDirecTV’s 11.3 million customers were hit with a blackout on Sept. 1 after the company and Disney failed to come to a distribution agreemen ...

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 ...

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 ...

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 ...

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 ...