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Disney's plans to future-proof its TV business could help kill the cable bundle even faster than expected
Business Insider· 2024-09-20 16:14
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 ...
Revealed: Disney Cruise Line Overstated Its Emissions By 30 Times
Forbes· 2024-09-16 21:51
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 ...
Disney and DirecTV Reach Deal Ending Blackout Ahead of Monday Night Football
Investopedia· 2024-09-16 13:36
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 ...
Disney And DirecTV Strike Deal: College Football Returns After Two-Week Blackout
Forbes· 2024-09-14 16:24
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 ...
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 ...