ToplineDisney on Thursday sought to revive its legal battle against Florida Gov. Ron DeSantis a day after a judge dismissed the case, the latest salvo in the politically charged legal battle that erupted after Disney announced in 2022 its opposition to a controversial Florida law that regulates teaching of sexual orientation in schools.FILE - Republican presidential candidate Florida Gov. Ron DeSantis speaks during a campaign event at ... [+] Wally's bar, Wednesday, Jan. 17, 2024, in Hampton, N.H. A federal ...

Sends Letter to Disney Shareholders Highlighting Need for Enhanced Director Focus, Alignment and Accountability and Asking its Owners to Vote for Change to Ensure a Better Future Urges Shareholders to Vote "FOR" Nelson Peltz and James A. ("Jay") Rasulo on the BLUE Proxy Card NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns $3 billion of common stock in The Walt Disney Company (NYSE:DIS) ("Disney" or the "Company"), today filed its definitive proxy statement with the Secu ...

"Always in motion is the future" -- according to Star War's Yoda. That's especially true in the stock market, where today's winners may be tomorrow's has-beens -- or the other way around.It's never easy to predict what any particular industry or company will look like several years ahead. Before you know it, the most accurate forecast may be undone by a global health crisis, a busted mortgage lending system, or a game-changing artificial intelligence (AI) tool.But if it doesn't matter where you want to get ...

Disney on Thursday appealed a judge’s dismissal of its free speech lawsuit over what it described as Gov. Ron DeSantis’ retaliatory takeover of Walt Disney World’s governing district, as the Florida governor separately called any appeal “a mistake.”“They should move on,” DeSantis said at a news conference in Jacksonville a day after the ruling.Disney filed a notice of appeal over Wednesday’s ruling by a federal judge in Tallahassee, saying that it would set a dangerous precedent if left unchallenged by giv ...

Bill Pugliano/Getty Images News Introduction Disney's (NYSE:DIS) stock currently hovers around 50% below pre-pandemic levels, notwithstanding my fundamental analysis that unveils numerous robust catalysts poised to drive revenue growth and enhance profitability across Disney's expansive entertainment empire. The promising trajectory of the video streaming business, which is expected to achieve profitability this year, is complemented by the resilience of the "Experiences" cash cow, encompassing the iconic D ...

The lines at Disney World may be long, but the Mouse House isn’t standing around to let Ron DeSantis savor his win yesterday in the company’s First Amendment lawsuit against the failed presidential candidate. Less than 24 hours after a federal judge agreed with the Florida Governor and deep-sixed Disney’s nearly year long legal action, the Bob Iger-run entertainment giant and Sunshine State mega-employer gave official notice they plan to challenge Wednesday’s dismissal. “Notice is given that Plaintiff Wa ...

Universal Studios parent Comcast (CMCSA -0.28%) offered up more details on Tuesday for the ambitious theme park it will be opening in Central Florida next year. There weren't a lot of surprises in the big reveal. The internet is blessed with permit-sleuthing vloggers and helicopter-flying shutterbugs -- a hat tip to @AliciaStella and @bioreconstruct, respectively -- and fans already know most of what will open at Epic Universe in 2025.It doesn't mean that theme park enthusiasts aren't excited. The news make ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Reliance-backed Viacom18 has reached an agreement to buy 60% of Disney’s India unit, WSJ reported Thursday citing unnamed sources, creating a pathway for the Indian conglomerate to form a $10 billion media giant in the South Asian market.The deal, which WSJ says will close this month, values Disney’s India unit at $3.9 billion, the report said, less than half of what Disney had originally hoped. Earlier this week, Reliance declined to comment on its engagement with Disney.Viacom18 is a joint venture among M ...

Nelson Peltz wants Disney shareholders to elect him and former Disney executive Jay Rasulo to the company’s board, and today he unveiled the two current directors he’d like unseated to make room. Trian, Peltz’s investment firm, asked shareholds to withhold votes for Maria Elena Lagomasino and Michael Froman and vote for himself and Rasulo instead as he ramps up his campaign against Disney for what he calls poor management that’s resulted in a lagging stock price. The board showdown will come at Disney’s an ...