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 finishes laying off 7,000 workers, more planned
The company laid off more than 3 percent of its global workforce between March and May, mostly in its entertainment and media divisions.
Comcast stops funding Hulu as fight with Disney escalates
The two sides are likely to bring their issue before an arbitrator next year as Disney looks to buy Comcast's 33 percent stake in the streamer.
Disney working on streaming version of ESPN, report says
Disney is working on a streaming product that will offer live access to ESPN's core cable channel for the first time.
Disney, former CEO hit with lawsuit over streaming problems
The lawsuit, filed in federal court last week, alleges the company offered misleading statements about the health of its direct-to-consumer products.
Comcast likely to sell stake in Hulu next year, CEO says
The deal could be valued as high as $27.5 billion, with Disney acquiring full control of the streamer.
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.