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.

Disney Plus sheds domestic subscribers during Q3
Disney lost domestic subscribers across nearly all of its streaming products during its most-recent quarter, the company revealed on Thursday.

ESPN partners with PENN Entertainment on sportsbook
ESPN and PENN Entertainment say they are teaming up on a new sports betting product.

Networks, streamers band together to oppose FCC changes
The Preserve Viewer Choice Coalition pits major broadcast network owners against local affiliate groups in the fight over the streaming television industry's future.

Hulu to bring Sinclair digital networks, Tennis Channel to live TV service
Hulu will start offering four new channels operated by Sinclair, Inc., the companies announced on Wednesday.

Disney taps Compass Media to handle ABC Audio sales
ABC Audio has selected Compass Media Networks to serve as its new advertising representative, starting next year.

Disney evaluating traditional TV business, CEO says
Disney CEO Bob Iger says the company may offload ABC, ESPN and other parts of its traditional TV business.

American companies taking bigger slice of European TV market
American media firms are taking a bigger slice of the European TV market, with several companies listed among the largest owners of channels and streaming services.

Disney licenses shows to Channel 4 streaming service
Disney has agreed to license older TV comedies, thrillers and dramas to Channel 4 for its streaming service.

Skyview Networks, ABC Radio end distribution agreement
The announcement comes several months after Skyview suffered from a cyberattack that left it unable to distribute ABC Audio content for weeks.

ESPN issues pink slips to 20 on-air broadcasters
ESPN has laid off nearly two dozen of its on-air broadcasters, including well-known analysts, as part of a broader cost-cutting move.

Disney lays off all National Geographic staff writers
National Geographic has released its team of nearly 20 staff writers, and will rely on freelancers as it continues to publish the magazine in print.