Tag Archives: Disneys

Disney’s (DIS) Bob Iger will be inheriting quite a mess as he reassumes the CEO position at a company he led for 15 years. “Disney’s problems are more structural than they are related to who’s running the company,” Doug Cruetz, media analyst at Cowen, told Yahoo Finance Live. Cruetz listed several fundamental concerns, including a declining linear business, which has been tethered to an increasingly costly sports business at ESPN, in addition to a streaming unit bleeding money amid an… Source link

As Disney (DIS) grapples with the aftermath of Florida Governor Ron DeSantis revoking the company’s special tax district, some experts say the dissolution might not even happen. “I don’t think it’s very likely,” said Richard Foglesong, Disney historian and author of the book “Married to the Mouse: Walt Disney World and Orlando.” “Frankly, the consequences are too dire,” Foglesong added. “Already you’re seeing conversations about the real cost of this, and who will pay. From all appearances… Source link

Disney’s suite of networks — including ABC and ESPN — have gone dark on YouTube TV after the media conglomerate and Google failed to forge a new deal before the midnight ET deadline Friday, according to Variety. It’s the first major blackout for YouTube TV over a carriage-fee dispute in its nearly five-year history (although YouTube TV dropped 19 Fox regional sports networks owned by Sinclair last year). Google said it will reduce YouTube TV’s monthly price by $15 — from… Source link

Happy Saturday and welcome to the inaugural edition of the Verge Weekender, a short recap of some of the stories we covered this week on The Verge. The big event of the week was Disney’s investor day, where the company announced new Disney Plus series WandaVision, showed trailers for The Falcon and the Winter Soldier and the much-anticipated series Loki; as well as slew of new Star Wars series on Disney Plus, including Rangers of the New Republic, Ahsoka, Obi-Wan Kenobi, and Star Wars:… Source link