Better Buy: Disney vs. Mattel

Both Walt Disney (NYSE: DIS) and Mattel (NASDAQ: MAT) are owners of iconic entertainment brands, but their stock prices have moved in opposite directions in recent years. Disney stock jumped higher this year after the company impressed investors with its plans to take its popular movie franchises to a digital audience with Disney+ this fall. Meanwhile, Mattel's Hot Wheels and […]

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Disney assumes full control of Hulu in deal with Comcast

Disney is now the only one with its hands on Hulu’s steering wheel. Disney and Comcast announced a deal under which Disney will assume full operational control of Hulu, effective immediately. Under their pact, Comcast’s NBCUniversal will retain its 33% ownership interest in Hulu but as early as January 2024, Comcast can require Disney to buy NBCUniversal’s interest in Hulu. […]

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Disney, Sinclair reportedly have $10B+ deal for 21 regional sports networks

Walt Disney is reportedly near a final agreement to sell its remaining 21 regional sports networks to Sinclair Broadcast for around $10 billion. Is that too much or too little? (Photo: Ezra Shaw / Getty Images) The nation’s largest broadcaster has reportedly reached a deal to acquire 21 regional sports networks from The Walt Disney Co. for more than $10 billion. […]

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3 Advantages Disney Has Over Netflix in the Streaming Wars

After the market close last Thursday, Disney (NYSE: DIS) unveiled details about its long-awaited streaming service, Disney+. When the market opened on Friday, investors bid shares up 11.5% to an all-time high. At the same time, Netflix (NASDAQ: NFLX) saw its stock fall 4.5%. It looks like Wall Street thinks Disney+ has the potential to challenge the streaming leader in […]

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Disney unveils new streaming service to debut late this year

Disney raised the curtain on a hotly anticipated video steaming service that's aiming to topple industry pioneer Netflix, once a valuable ally of the Magic Kingdom. Continue Reading Below The service, called Disney Plus, has been in the works for more than year, but Thursday marked the first time that the longtime entertainment powerhouse has laid out plans for its […]

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Disney to provide post-Fox merger outlook, detail new streaming service

Disney-Fox deal reshapes the media landscape; verdict in the latest Roundup Weedkiller trial Fox Business Briefs: Disney closes its $71.3 billion Fox deal acquiring parts of 21st Century Fox; jury in San Francisco finds that exposure to Bayer’s Roundup Weedkiller is responsible for a man developing cancer. The Walt Disney Co. on Thursday will seek to quell mounting questions over […]

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From Disney to Netflix, the big takeaways from CinemaCon

Characters from Disney and Fox movies are displayed behind Cathleen Taff, president of distribution, franchise management, business and audience insight for Walt Disney Studios during the Walt Disney Studios Motion Pictures presentation at CinemaCon 2019, the official convention of the National Association of Theatre Owners (NATO) at Caesars Palace, Wednesday, April 3, 2019, in Las Vegas. (Photo by Chris Pizzello/Invision/AP) […]

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Walt Disney Studios Sued Over Alleged Gender Pay Inequality

Two Walt Disney Studios employees have filed a lawsuit claiming that Disney discriminates against female workers by paying them less than men. The complaint, filed on behalf of two employees at Walt Disney Studios, LaRonda Rasmussen and Karen Moore, asks for back pay, lost benefits and other compensation. The 21-page lawsuit filed in Los Angeles Superior Court (read it here) […]

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Disney closes $71B deal for Fox entertainment assets

Disney has closed its $71 billion acquisition of Fox’s entertainment business, putting “Cinderella,” ”The Simpsons,” ”Star Wars” and “Dr. Strange” under one corporate roof. The deal is likely to shake up the media landscape. Among other things, it paves the way for Disney to launch its streaming service, Disney Plus, due out later this year. It will also likely lead […]

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After-Hours News: Disney Prepares to Close on Fox Deal; Tencent Music Reports Earnings

Entertainment giant Walt Disney (NYSE: DIS) and Chinese music entertainment platform Tencent Music (NYSE: TME) are making headlines during after-hours trading on Tuesday. Continue Reading Below Walt Disney to close its acquisition of Fox In an announcement after the market closed on Tuesday, Disney said its acquisition of Twenty-First Century Fox assets, including the film production businesses, television creative units, […]

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