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Disney cuts ad spending on Facebook amid growing boycott: WSJ

(Reuters) – Walt Disney (DIS.N) has become the latest company to slash its advertising spending on Facebook Inc (FB.O) as the social media giant faces an ad boycott over its handling of hate speech and controversial content, the Wall Street Journal reported on... More »

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Disney+ content to make exclusive Middle East debut on OSN

DUBAI (Reuters) – Walt Disney Co’s (DIS.N) Disney+ content will be available for the first time in the Middle East and North Africa on regional pay television and online streaming service provider OSN from April 9. Dubai-headquartered OSN has signed a “long-te... More »

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Abigail Disney slams tweet showing huge crowds at Magic Kingdom

(Reuters) – Abigail Disney, grand daughter of Walt Disney Co’s co-founder Roy Disney, slammed a Twitter post showing a huge crowd at Sunday night’s showing of ‘Happily Ever After’, a fireworks show in Florida’s Magic Kingdom theme park. “Are you … kidding me??... More »

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Disney CEO says it will be ‘difficult’ to film in Georgia if…

ANAHEIM, Calif. (Reuters) – Walt Disney Co Chief Executive Bob Iger told Reuters on Wednesday it would be “very difficult” for the media company to keep filming in Georgia if a new abortion law takes effect because many people will not want to work in the U.S.... More »

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Disney aims to thrill ‘Star Wars’ fans of all kinds at U.S. parks

ANAHEIM, Calif. (Reuters) – At a new “Star Wars” land at Disneyland Resort in California, Walt Disney Co will let visitors fly the Millennium Falcon and drink blue milk as it aims to satisfy a wide range of the space saga’s fans with its most ambitious expansi... More »

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Alibaba signs deal to offer Disney shows on video platforms

A view of the Alibaba Group booth during the 2018 CES in Las Vegas, Nevada, U.S. January 9, 2018. REUTERS/Steve Marcus SINGAPORE (Reuters) – Alibaba Group Holding Ltd’s entertainment arm has signed a licensing agreement with Walt Disney Co in a deal that will ... More »

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Fox’s Star to bring Disney cash and cricket in India

The 21st Century Fox logo is seen outside the News Corporation headquarters in Manhattan, New York, U.S., April 29, 2016. REUTERS/Brendan McDermid/File photo (Reuters) – Walt Disney Co’s deal with Twenty-First Century Fox Inc gives the world’s best-known enter... More »

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Too cold for a theme park, Disney looks to toy stores in Russia

An interior view shows the first Disney store opened on Friday in Moscow, Russia, December 1, 2017. REUTERS/Tatyana Makeyeva MOSCOW (Reuters) – Though too cold for a theme park, Russia’s underserved toy market makes it an attractive business prospect for Walt ... More »

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Disney, Altice finalize new programming agreement

Walt Disney Co and cable operator Altice USA have finalized a new multiyear programming agreement that keeps ESPN and other networks in millions of New York-area households, the companies said on Thursday. More »

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Walt Disney threatens to pull ESPN, ABC from Optimum

Walt Disney Co (DIS.N) has threatened to pull its programming from the fourth largest U.S. cable distributor, Altice USA, if the two parties cannot reach a deal before the end of the month, the cable company said on Sunday. More »

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Parenting expert sues Disney, says it stole `Inside Out` idea

FILE PHOTO – ‘Joy’ and ‘Sadness’, characters of the animation film ‘Inside Out’, pose at its premiere at El Capitan theatre in Hollywood, California, U.S. on June 8, 2015. REUTERS/Mario Anzuoni/File Photo A parenting and child development specialist has sued W... More »

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Disney stole `Zootopia,` writer claims in U.S. lawsuit

FILE PHOTO – The characters of Judy Hopps and Nick Wilde pose at the premiere of ”Zootopia” at El Capitan theatre in Hollywood, California February 17, 2016. REUTERS/Mario Anzuoni/File Photo Walt Disney Co was sued on Tuesday by a longtime Hollywood screenwrit... More »

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`Beauty and the Beast` features Disney`s first gay character

Director Bill Condon and actors Dan Stevens, Emma Watson, Luke Evans, and Josh Gad (L-R) pose for photographers on the red carpet for the film ”Beauty and the Beast” in Shanghai, China February 27, 2017. REUTERS/Aly Song Walt Disney Co’s live-action adaptation... More »

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Disney CEO Iger says he is open to extending his term

FILE PHOTO – The logo of the Disney store on the Champs Elysee is seen in Paris, France, March 3, 2016. REUTERS/Jacky Naegelen/File Photo Chief Executive Bob Iger said on Tuesday he is open to extending his term as the head of Walt Disney Co (DIS.N), offering ... More »

Disney shares stumble as expectations outpace reality

For Walt Disney’s Peter Pan, flying was “all a matter of faith and trust.” Investors in Walt Disney Co showed a lack of both in the company’s stock on Wednesday. Disney’s shares fell 4.5 percent to $101.76 in morning trading and were the biggest drag on the Do... More »

Disney expands search for new CEO, COO Staggs leaving

LOS ANGELES Tom Staggs, the veteran Walt Disney Co executive who had been widely seen as the media company’s next CEO, will step down on May 6 as the board expands its search for a successor to Bob Iger, Disney said on Monday. The unexpected move came little m... More »

Disney shares fall after BTIG cuts to ‘sell’ on ESPN woes

Walt Disney Co’s shares slumped after BTIG analyst Richard Greenfield cuts his rating to “sell” from “neutral”, saying the likely success of the latest Star Wars movie would not be enough to offset the impact of subscriber losses at ESPN. Disney’ shares fell a... More »

Media stocks dip as Disney reveals subscriber losses at ESPN

U.S. media stocks fell on Friday after Walt Disney Co’s disclosure of a drop in subscribers at ESPN spooked investors, underscoring concerns that viewers are increasingly opting for online streaming over pay TV. Disney’s shares were down 3.6 percent at $114.44... More »

Disney’s ESPN withdraws content from YouTube

Walt Disney Co’s sports network ESPN said it will not make its content available on YouTube, due to the recently announced ad-free subscription-based offering coined YouTube Red. Alphabet Inc’s YouTube said on Wednesday it will launch YouTube Red, a $10-a-mont... More »

Spielberg’s DreamWorks to split from Disney: Hollywood Reporter

DreamWorks Studios, the film company co-founded by Steven Spielberg, will split from Walt Disney Co after the release of his film, “The BFG,” the Hollywood Reporter said, citing people familiar with the matter. The Oscar-winning director’s likely future home i... More »