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"Dial of Destiny" is one of the most expensive films ever made and initial reviews suggest it could bomb big at the box office, meaning the match made in heaven risks becoming an albatross around Disney’s neck.
Streaming giants Netflix, Inc (NASDAQ: NFLX), Amazon.Com, Inc (NASDAQ: AMZN), and Walt Disney Co (NYSE: DIS) on Friday confidentially explored ways to dodge India's new tobacco warning rules. The executives of the streaming companies, and India's Viacom18, which runs billionaire Mukesh Ambani's JioCinema app, held a closed-door meeting, where Netflix warned the rules could prompt production houses to block their content in India, Reuters cites familiar sources. They also discussed possible legal
Netflix has proven to be a recent outperformer in the media sector as Paramount, Disney, and Warner Bros. Discovery stocks have seen large declines in the last month.
Disneyland parkgoers rode on the Splash Mountain ride for the last time on Tuesday as the park plans to redesign the site to a Princess Tiana theme from “The Princess and the Frog.” Photo: Daps Magic via Storyful
Disney's live-action "Little Mermaid" success could be a turning point for the media giant.
In this article, we look at the 25 best TV shows to watch on Hulu in 2023. In order to skip our detailed ranking and jump directly to the top shows on Hulu currently, go to 10 Best TV Shows on Hulu in 2023. Over the last few decades, television (TV) has changed from being […]
2023 has been a stock-pickers market. Yet that hasn’t stopped — nor should it stop — investors from looking for long-term stocks with 100% upside. Put simply, they want stocks with high upside potential and are looking at committing for the long term. While this year has been about stock-picking, it’s more than just trading the short-term trends like artificial intelligence. Instead, it’s an investing environment where a handful of stocks are generating a bulk of the stock market’s gain and a ma
Hulu’s parents, Walt Disney Co (NYSE: DIS) and Comcast Corp (NASDAQ: CMCSA), are negotiating to end their troubled marriage. Comcast claimed that Disney, the majority owner, failed to launch Hulu outside the U.S., ruining its prospects. In 2022, top executives from Disney and Comcast visited a New York law office to give testimonies in the multiyear battle over the streaming service, the Wall Street Journal cites familiar sources. The parties alleged broken promises, legal threats, and dueling v
Disney and Comcast were reportedly at odds over the valuation of Hulu in recent years. Comcast could require Disney to buy out its stake in the streamer as early as January 2024.
The streaming wars are evolving. Here's what that could mean when it comes to the next big growth driver in the competitive space.
The evaporation of TPG’s $450mn investment shows what can happen when Wall Street collides with an uncontrollable creative industry
The Florida governor could run for president on his state's economic success, alone. Instead, he's gambling that culture wars will catapult him into the White House.
Walt Disney Co (NYSE: DIS) began a third round of layoffs, likely affecting over 2,500 workers. While Parks and Resorts remain mainly intact, the downsizing this week is not targeting any particular division, Deadline cites familiar sources. The television hit hard in the second round and is primarily spared this time with a small number of layoffs. CEO Bob Iger confirmed in late March, likely to be the last of the significant layoffs at Disney for a while. However, some minor cuts may remain in
Disney's job cuts are part of a broader plan to slash costs. They come as the company faces declining linear networks and a loss in subscribers for its Disney+ streaming service.
In this article, we will discuss the 10 stocks recently downgraded by analysts. If you want to see more such stocks on the list, you can directly visit Analysts Are Downgrading These 5 Stocks. In recent years, inflation has consistently exceeded the Federal Reserve’s target of 2% amid increased prices in commodities such as oil, copper, […]
Walt Disney Co. is reversing course on a nearly $900 million corporate campus and shutting down a costly new hotel amid growing tensions with Florida Gov. Ron DeSantis. WSJ’s Jacob Passy explains the reasons behind the company’s decisions. Photo: Octavio Jones/Reuters
Disney shares are under pressure after one Wall Street analyst said uncertainties like declining linear networks, direct-to-consumer hurdles, and a slowing parks business are clouding the media giant's future.
Bloomberg Alibaba's Cloud Business Spinoff - What's Going On With Alibaba Stock Friday Alibaba Group Holding Limited's (NYSE: BABA) move to fully spin out a potentially transformative $12 billion cloud business has fueled speculation of it succumbing to market or political realities. Analysts value the cloud business at upwards of $30 billion, a prime beneficiary of a post-ChatGPT frenzy mirroring the success of Amazon.Com Inc's (NASDAQ: AMZN) cloud unit Amazon Web Services. Alibaba splurged ten
Streaming stocks have not had a very good run lately. For a while, many of these stocks were screaming higher as the companies continued to add tens of millions of new subs. Now though, this group has fallen on hard times. It’s got many investors looking at this group as high-reward stocks. Here’s the problem. Many streaming businesses are operating at a loss. Content is expensive and so is building out a platform that millions of people will be using at once. It’s also hard to scale that around
In this article, we discuss 10 stocks to sell in 2023 according to billionaire Steve Cohen. If you want to see more stocks in this selection, check out 5 Stocks to Sell in 2023 According to Billionaire Steve Cohen. Point72 Asset Management of billionaire Steve Cohen recently disclosed its Q1 holdings. The fund’s portfolio worth […]
Disney is cancelling plans to relocate thousands of California-based employees to the state of Florida amid its ongoing feud with Florida Governor Ron DeSantis.
If you’re looking to build a portfolio of high-quality blue chip stocks, Dow stocks should be at or near the top of your list. These stocks, aka the components of the Dow Jones Industrial Average (or DJIA), represent 30 of America’s largest, most venerable companies, across multiple sectors. There are a total of 30 Dow components, but instead of buying the whole bunch, you may want to focus on what could be some of the strongest individual opportunities within the index. While few stocks that ma
The Hollywood writers' strike comes with inherent risks but also some upside as media giants look to rein in content spending.
This article was originally published in August, 2022. Curious to learn how our beloved Disney movie stars and entertainers have used cannabis to tackle their career and personal challenges? Whether they are actors or singers who made their mark as teenage idols or have since evolved into accomplished artists, here’s a list of those who voiced their support for cannabis over the years. Miley Cyrus Destiny Hope Cyrus who legally changed her name to Miley Ray Cyrus in 2008, was the face of Disney
In this article, we will take a look at the 11 best internet content stocks to buy. To see more such companies, go directly to 5 Best Internet Content Stocks to Buy. The internet content industry remains one of the biggest, fastest-growing domains that have ever-increasing growth prospects due to the sheer number of users […]