Disney
Hulu’s Likely Outcome Is Disney Writing Comcast a “Big Check,” NBCUniversal CEO Says
Despite earlier comments that Comcast may be interested in retaining full control of Hulu, NBCUniversal CEO Jeff Shell said he believes the company will sell its stake to Disney. Comcast has a 33 percent stake in the streaming service, while Disney owns the rest and has the option to buy out Comcast starting in January […]
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Bob Iger’s Return Rallies Disney Stock as Wall Street Shows Cautious Optimism
Shares of Disney closed at $97.57 Monday, up six percent from the previous trading day, after the surprise announcement that Bob Iger would return to the company as CEO. The share price reflects the largely positive sentiment on Wall Street to Iger, as investors look to the veteran executive to make a series of decisive […]
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Gabrielle Union Says International Bans of ‘Strange World’ Over Gay Lead Would Be “Denying Reality”
Strange World star Gabrielle Union says the potential banning of the film, which features Disney’s first LGBTQ leading character in an animated feature, outside of the U.S. would “absolutely be sad” and a denial of reality that could lead to the film being pirated. In an interview with Yahoo Entertainment, the actress — along with […]
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As Pay TV Subscribers Decline Faster, Pressure Builds for Streaming Profits
Cable TV providers widened their subscriber losses in the third quarter of 2022, increasing the pressure on major media companies such as Disney and Warner Bros. Discovery. Per a tally from Leichtman Research Group on Nov. 14, the largest pay-TV providers in the U.S. saw a loss of 785,000 net video subscribers in 3Q 2022, […]
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Hulu Silent Amid Democrats’ Criticism Over Rejecting Political Ads
Abortion rights and gun control have taken the center stage of the Democratic midterm campaigns, but Hulu is refusing to run political ads on those issues. The Disney-owned company’s guidelines on restrictions for political ads has ignited pushback from party leaders and viewers. The Democratic Senatorial Campaign Committee, Democratic Congressional Campaign Committee and Democratic Governors […]
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