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 TV channels hit by cord-cutting, still profitable
The company saw its linear business bring in 7 percent less revenue during Q2 2023, but still posted a profit of $1.828 billion.
Disney to marry Hulu shows, movies with Disney Plus content
Disney will offer a version of its Disney Plus service that incorporates content from Hulu later this year
Disney reports flat streaming growth, drop in TV channels revenue
The Walt Disney Company brought in fewer streaming subscribers during its second financial quarter of the year.
ABC debuts “General Hospital” free streaming channel
"General Hospital Spotlight" offer reruns of the classic ABC soap opera in celebration of the show's 60th broadcast anniversary.
Hulu begins offering live feeds of PBS member stations
Hulu is adding three new knowledge-based networks to its live television offering, the company announced on Thursday.
Hulu will add Nexstar’s independent stations under new deal
Hulu and broadcaster Nexstar Media Group have extended a carriage deal that will see the streamer continue to offer more than 120 local stations.
Nate Silver swept up in layoffs at Walt Disney Company
Nate Silver is among the hundreds of workers leaving Disney amid sweeping layoffs that are tied to its cost-reduction strategy.
ESPN could start issuing pink slips next week
The layoffs are part of a broader cost-reduction strategy at parent Walt Disney Company, and could affect key on-air talent.
Disney elevates Joe Earley to president of streaming
Joe Earley has been tapped to serve as the new president of direct-to-consumer streaming initiatives at Disney Entertainment.
Company selling illicit access to Netflix, HBO suffers data breach
An online retailer that sold illegal access to Netflix and Disney Plus allowed personal information of 600,000 customers to leak online.
Disney Plus subscribers shrug off recent price increase
Disney Plus subscribers largely stuck with the ad-free version of the service despite a recent price increase.
Disney CEO says evaluating long-term business for Hulu
Disney CEO Bob Iger says the economics of streaming products are "tricky," and the company is evaluating whether acquiring all of Hulu makes sense.