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Walt Disney

Wall Street Bullish on Disney, With a Note of Caution

It has been a tough earnings season for Netflix and such Hollywood giants as Comcast/NBCUniversal and Warner Bros. Discovery as their streaming businesses have hit growth walls. Disney, however, lived up to its Magic Kingdom moniker, with Disney+ beating Wall Street estimates to add 14.4 million subscribers during its third fiscal quarter to reach 152.1 […]

Disney’s $56.2B in Retail Sales Leads Global Brand Licensing Race

The Walt Disney Co.’s Disney Consumer Products unit repeated as the top licensor in the world in 2021 with $56.2 billion in retail sales of licensed merchandise worldwide, according to an annual ranking by License Global magazine published Thursday. That’s up from $54 billion in consumer products sales in 2020 for the studio with iconic […]

Sun Valley Beckons Moguls Amid Storm Clouds in the Deals Sky

First, July 4. Then, Sun Valley. Right after Independence Day, media and technology titans will once again jet to the Idaho resort to mingle at the annual gathering of investment bank Allen & Co., which has been nicknamed “summer camp for moguls.” The secretive and exclusive gathering of media, tech and other power brokers traditionally […]

Disney Teams With Starz For Streaming Bundle in Latin America

Walt Disney and Lionsgate’s Starz platform have partnered to produce a streaming subscription bundle targeted at Latin America. The offer ties together Disney+, Star+ and Starzplay for consumers in Brazil, Mexico, Argentina, Chile, Colombia, Ecuador and Peru. The latest streaming bundling offer comes as online video platforms face increasing competition as they roll out worldwide […]

Disney, Pixar Set Summer 2023 Release for ‘Elemental’

Walt Disney and Pixar Animation Studios have set a summer 2023 release date for Elemental. The animated feature based on director Peter Sohn’s childhood in New York will hit theaters June 16, 2023. Produced by Denise Ream (The Good Dinosaur, Cars 2), Elemental journeys alongside an unlikely pair, Ember and Wade, in a city where […]

‘Avatar 2’ Renews Push for 3D Format in Movie Theaters

The pairing of an exclusive in-theater teaser trailer for James Cameron’s long-awaited Avatar sequel with Doctor Strange in the Multiverse of Madness proved a significant moment beyond the Marvel movie’s heroic $449 million global opening (including $187 million domestically) during the May 6-8 weekend. Nearly 10 percent of moviegoers in North America opted to pay […]

Disney Debuts First Look at David O. Russell’s Star-Packed Film, ‘Lightyear’ and ‘Doctor Strange’ at CinemaCon

The Walt Disney Co. took over the main stage at CinemaCon on Wednesday morning for a 90-minute session that delivered exclusive footage of upcoming films including the anticipated 3D reveal of Avatar 2, along with Doctor Strange in the Multiverse of Madness, Lightyear, David O. Russell’s star-packed Amsterdam and Bob’s Burgers. Tony Chambers, executive vp […]

Florida Lawmakers Pass Bill Aimed at Eliminating Disney’s Special District

The Florida Senate on Wednesday passed a bill aimed at stripping Disney of special privileges of self-government it has held for over 55 years, allowing it to independently oversee its theme park area. The Republican-led House is expected to approve the measure, which would go into effect June 1, 2023. Gov. Ron DeSantis has signaled […]

Disney Faces Legal Threats in Florida Over “Don’t Say Gay” Bill Fight

An escalating fight between Disney and Florida over the so-called “Don’t Say Gay” bill has pushed state lawmakers to threaten to strip the company of special privileges that essentially give it the sovereignty to act as its own government. Backed by Gov. Ron DeSantis, some Republican lawmakers have called for the repeal of a 1967 […]

Kim Kardashian Clarifies Working Women Comment, Talks Co-Parenting With Kanye West

Kim Kardashian says she would like to clarify the viral comment she made regarding her advice for working women. When speaking to ABC News’ Robin Roberts for a sit-down ahead of the family’s reality return, Kim responded to the backlash she received when, during a recent Variety interview, she said, “I have the best advice […]

Bob Chapek’s Missteps Fuel Confidence Crisis at Disney

Disney is in uncharted waters. From 1984 to 2020, the company had only two CEOs: Michael Eisner from 1984 to 2005 and Bob Iger from 2005 to 2020. Now Bob Chapek, with two years in the job, is facing a staff revolt and insiders are speculating about his longevity in the job and who might […]

Disney’s Marshall Weinbaum Wins Publicist of Year, Encourages Kids to “Keep Saying the Word ‘Gay'”

Marshall Weinbaum, a senior publicist and 15-year veteran at The Walt Disney Co., heard his name called Friday from the podium inside Beverly Hilton’s International Ballroom as it was revealed that he won publicist of the year. The announcement was greeted by huge applause and arrived on Weinbaum’s lap after he launched what is believed […]