American actors Mark Hamill, Carrie Fisher and Harrison Ford on the set of "Star Wars: A New Hope," written, directed and produced by Georges Lucas.Sunset Boulevard | Corbis Historical | Getty ImagesThe Force remains strong with the Star Wars franchise.Despite not releasing a theatrical film since 2019, Star Wars has been named the top film franchise of 2023 by Fandom, the world's largest platform for entertainment fans.The top title for Star Wars comes as Disney has been strategically rebuilding the franch ...

Disney (DIS -0.63%) did something important recently. It declared a dividend for the first time since the payment was eliminated during the early days of the coronavirus pandemic. There are a few big takeaways, but I can't help but think the company should have waited to start paying a dividend again. Here's why, despite being a dividend lover, I'm not particularly pleased with Disney's move.Disney's dividend elimination made senseWhen the pandemic hit in 2020, there was a great deal of uncertainty. Nonesse ...

The Walt Disney Company fired another salvo at Florida Gov. Ron DeSantis in their bitter feud, suing his hand-picked board for allegedly failing to release documents and preserve public records as required by state law.In a lawsuit filed in Florida state court on Friday, Disney accused the newly-created Central Florida Tourism Oversight District of dragging its feet in producing email correspondences between its members.DeSantis had dissolved Disney’s semi-autonomous tax district that had jurisdiction over ...

2023 marked Disney’s 100th anniversary of making movie magic. It also marked a disastrous year at the box office. Out of eight major theatrical releases from Disney this year, seven of them significantly underperformed with audiences not just in the U.S. but overseas as well. A look back at the rough year for the House of Mouse:Superhero slumpOne of the most popular film franchises in the 21st century has been the Marvel Cinematic Universe. Ever since 2008’s “Iron Man,” Disney’s catalog of superheroes and ...

HAYKIRDI/E+ via Getty Images Disney (NYSE:DIS) reported a 5% revenue growth in Q4 FY23. Notably, their Direct-to-Consumer business showed a strong year-over-year growth of 13.2%, accompanied by improved operating margins. The company remains confident in achieving profitability four quarters later. I view these improvements as quite positive and upgrade Disney to a ‘Buy’ rating with a fair value price of $95 per share. Financial Review and Outlook At the close of the fiscal year, they achieved a 7.5% re ...

In this articleCMCSADISUniversal and Illuminations latest animated film centers on a family of ducks who decides to leave the safety of a New England pond for an adventurous trip to Jamaica. However, their well-laid plans quickly go awry when they get lost and wind up in New York City.UniversalDisney dropped the animation crown. Universal has picked it up.And, with "Migration" opening Friday, the studio is looking to strengthen its grip."Migration," a comic tale about a family of New England ducks that leav ...

A woman whose parents bought $10,000 worth (£8,700) of Disney+ streaming vouchers by mistake turned to TikTok to fix their error.Andie Coston, from Illinois, said her parents were planning a big Christmas holiday for all 16 of their family members to a Disney theme park and tried to save money by buying gift cards from Sam's Club, a membership discount service. But they accidentally spent the money on vouchers for Disney+, which she said worked out as "70 years of streaming".After posting a video on TikTok ...

icholakov It has been a dramatic stretch in the content world. Between management shake-ups at Disney (DIS) late last year and the jump in streaming service costs throughout 2023, the film industry has undergone a roller coaster ride. Summer blockbusters Barbie and Oppenheimer attracted families back to the theaters, and then Taylor Swift's The Eras Tour musical resulted in flocks of fans earlier this quarter. The news has not been purely two thumbs up, however, evidenced by a recent flop by the once-domina ...

About this content About Andrew Kessel Andrew is a financial journalist with experience covering public companies in a wide breadth of industries, including tech, medicine, cryptocurrency, mining and retail. In addition to Proactive, he has been published in a Financial Times-owned newsletter covering broker-dealer firms and in the Columbia Misourian newspaper as the lead reporter focused on higher education. He got his start with an internship at Rolling Stone magazine.  Read more About the publisher Pr ...

James Gorman, CEO of Morgan Stanley and soon to be a member of Disney‘s board of directors, is not fazed by the possibility of the media giant going through a proxy fight. During a lengthy sit-down with CNBC, the exec acknowledged that a battle is brewing with activist investor Nelson Peltz, whose investment firm nominated him along with ex-Disney CFO James Rasulo for board seats. The duo are co-ordinating their efforts with Ike Perlmutter, the former head of Marvel. Disney said a board committee will cons ...