Walt Disney Company
The Walt Disney Company ($DIS) is an American mass media conglomerate that owns broadcast television, cable television and radio networks; theme parks, movie studios and the Disney+ streaming app. Its properties include ABC, 21st Century Fox, FX and Disney Plus. It co-owns cable sports channel ESPN with Hearst Communications.
Fubo CEO said company would go bankrupt if Venu Sports launched
The sports-focused streaming service projected revenue losses of as much as $95 million and the possibility of being delisted from the NYSE by the end of the year.
ESPN promotes two executives, warns of impending layoffs
ESPN has promoted two executives to more senior roles as part of a broader internal restructuring at the sports network.
Disney shutting down TV Everywhere apps for FX, Disney Channel, ABC
Customers are being pushed toward Hulu and Disney Plus for their on-demand TV needs.
Disney to expand ad-supported tier across more European countries
Starting in October, streamers in three additional European territories will have the option of streaming Disney Plus content with ads.
Almin Karamehmedovic appointed to top spot at ABC News
Almin Karamehmedovic has been appointed to the role of president of Disney's ABC News, the network said this week.
By:
Walt Disney Company (press release)
Judge blocks Venu Sports from launching after Fubo sues
A federal judge has approved Fubo's request for an injunction that blocks Venu Sports from debuting later this month.
Disney hires Adam Smith away from Google’s YouTube
At Google, Smith worked on YouTube Music, YouTube Premium and other video-based subscription products.
“Family Guy” repeats to air on Comedy Central in September
Paramount's Comedy Central will offer a Family Guy marathon on Labor Day before moving the show to prime-time later in the week.
Disney streamers earn profit in Q3, company to crack down on password sharing
The Walt Disney Company's trio of streaming television services have turned a profit for the first time in the company's history.
Venu Sports reveals $43 per month “launch price”
The price falls on the lower end of the $40 to $50 per month estimate offered by analysts and streaming media experts.
Disney lays off workers at National Geographic, local ABC TV stations
Nearly 140 workers are affected by the latest round of pink slips at Disney.
Spectrum TV to offer ad-free Disney Plus, Hulu option
Customers who get Disney's streaming services will have the option to pay a little more for the privilege of streaming Disney Plus and Hulu content without ads.