Tag Archives: streaming

Ex-Apple exec Pete Distad named CEO of sports streaming venture

Ex-Apple exec Pete Distad named CEO of sports streaming venture

Disney’s ESPN (DIS), Fox (FOX, FOXA), and Warner Bros. Discovery (WBD) have joined forces to launch a joint sports venture streaming service. On Friday, the companies announced Pete Distad, a former Apple (AAPL) and Hulu executive, would serve as the Chief Executive Officer of the upcoming service. The highly anticipated streaming service is slated for launch in the fall, with Wall Street analysts estimating that the service could have a subscription fee ranging between $40 and $50 per… Source link

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How to watch the Super Bowl now: Chiefs vs. 49ers kickoff time, TV channel, streaming service, halftime show, and more

How to watch the Super Bowl now: Chiefs vs. 49ers kickoff time, TV channel, streaming service, halftime show, and more

How to watch the Super Bowl now: Chiefs vs. 49ers kickoff time, TV channel, streaming service, halftime show, and more – Yahoo Sports Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

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Disney beats on earnings, boosts dividend as streaming losses narrow

Disney beats on earnings, boosts dividend as streaming losses narrow

Disney (DIS) said it will boost its cash dividend by 50% on Wednesday as the entertainment giant reported fiscal first quarter earnings that beat expectations while streaming losses narrowed. Disney reported adjusted earnings of $1.22 a share — a significant beat compared with the $0.99 analysts polled by Bloomberg had expected. The company also guided to full-year fiscal 2024 earnings of $4.60 a share, an increase of at least 20% versus 2023. Revenue came in at $23.5 billion, a slight miss… Source link

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ESPN to team up with Fox, Warner Bros. Discovery to launch sports streaming platform

ESPN to team up with Fox, Warner Bros. Discovery to launch sports streaming platform

Disney’s ESPN (DIS) will team up with Warner Bros. Discovery (WBD) and Fox (FOXA) to launch a new sports streaming service, set to debut sometime this fall. According to the companies, the platform will bring together their respective slate of sports networks along with certain direct-to-consumer (DTC) sports services and sports rights. This will include content from all the major professional sports leagues and college sports. The offering, which was described as a “joint venture” split… Source link

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Disney stock drops after reporting wider streaming loss, earnings miss

Disney stock drops after reporting wider streaming loss, earnings miss

Disney (DIS) reported fiscal fourth-quarter earnings on Tuesday after the bell, missing on both the top and bottom lines. Macroeconomic challenges, including the global advertising slowdown, weighed on earnings as the company also battled higher-than-expected streaming losses. Disney stock moved lower on the heels of the report, with losses accelerating as investors digested the results — down as much as 10% in after-hours trading. Here are Disney’s fourth-quarter results compared to Wall… Source link

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