News

Comcast's Sky has agreed to buy the broadcast channels and streaming service of Britain's ITV for £1.6 billion ($2.13 billion), creating a British champion with the scale to compete with global players like Netflix, Amazon ‌and Disney. Sky CEO Dana Strong said the deal, announced on Monday and confirming a recent Reuters story, was a "defining moment", ‌one of the biggest in the history of British broadcasting. The combination of Britain's biggest free-to-air commercial broadcaster and the pay-TV ​company Sky would have been unthinkable just a few years ago, but the rise of YouTube and the streaming giants, has left traditional companies exposed.

Raymond James lowered the price target on Disney to $111 from $119, although keeping an ‘Outperform’ rating on the shares.

The banana-yellow minions beat out the Toy Story gang, but fell short of delivering triple-digit millions in projected ticket sales

NFL Network remains blacked out on Comcast as an impasse with content owner Disney continues with the approach of football season. The prolonged absence affects Comcast subscribers who expected NFL programming in upcoming months. Following the announced separation of NBCUniversal and Sky from Comcast’s broadband business, NBCUniversal is reported to be assessing a major push into video games. This potential expansion into gaming would come as NBCUniversal prepares for life as a separately...

Investors can still find worthy opportunities in today's frothy market environment.

The Federal Communications Commission has begun reviewing the broadcast licenses of eight ABC stations owned by Walt Disney (NYSE:DIS). The regulator is also investigating ABC program "The View" for potential violations of federal equal-time rules for political coverage. The review focuses on whether the show’s treatment of political candidates provided imbalanced on-air exposure. This inquiry adds a regulatory angle to Disney’s traditional broadcast operations alongside its streaming and...

Netflix (NASDAQ: NFLX) and Walt Disney (NYSE: DIS) just reported quarters showing two opposite business models behind the same word: streaming. Netflix delivered an asset-light cash haul. Disney posted a record parks quarter and streaming profitability inflection, but carried a heavy capital bill. The contrast matters as discretionary budgets tighten. Netflix Squeezes Cash. Disney Buys ... Netflix Vs. Walt Disney: Netflix Prints Cold Hard Cash While Disney Bleeds to Fund Parks and Linear Cable R

NFLX heads into Q2 earnings with pricing gains, ad growth and higher free cash flow guidance, offset by peak content costs.

What does it take to run Disneyland? Follow three employees behind the scenes to see how one of America’s most influential theme parks opens, operates and evolves every day.

Universal Studios’ and Illumination’s Minions & Monsters movie, the latest animated adventure starring the manic yellow creatures from Despicable Me, is expected to rake in more than $100 million in domestic box office during its first five days, giving Hollywood another strong holiday movie weekend. Last year’s Fourth of July weekend was led by Universal’s Jurassic World: Rebirth, which grossed $92 million in domestic box office sales in its first weekend during an overall $157 million weekend, according to Rentrak. “When the 4th of July falls on a Saturday, … that’s not generally good for the movie business because people are watching fireworks or being involved in festivities, especially on Saturday, the biggest movie-going day of the week,” Rentrak’s head of marketplace trends Paul Dergarabedian said.

We recently compiled a list of the 10 Most Undervalued Dow Stocks to Buy According to Wall Street Analysts. The Walt Disney Company (NYSE:DIS) is among the most undervalued stocks. TheFly reported on June 30 that JPMorgan increased its price target on DIS to $140 from $139 while maintaining an Overweight rating on the shares […]

Boasting multiyear partnerships with Google, Disney and more, intellectual property licensing firm Adeia tests new buy zone.

The class action suit alleged the company forced YouTubeTV and DirecTV Stream to increase subscription prices.

The Walt Disney Company (NYSE:DIS) is one of the Top Large Cap Stocks to Invest In At 52-Week Lows The stock has declined more than 13% over the past 6-months but the Street expects more than 33% upside over the next 12-months. ​On June 25, Reuters reported that Brendan Carr, Chair of the Federal Communications […]

According to a Deadline report, the deal will make multiple Disney+ titles available on Astro, while the American streaming service will gain access to local titles.

Walt Disney (DIS) closed at $96.25 in the latest trading session, marking a -2.41% move from the prior day.

Disney's $50 million class action settlement pays YouTube TV and DirecTV Stream subscribers who had plans between April 2019 and March 2026.

The House of Mouse's progress on an iconic attraction update, the return of The Rock, and a timely attraction update are things for Disney investors to look forward to this month.

US box office revenue in June is likely to come in higher than previously projected, potentially set

YouTube TV and DirecTV Stream subscribers from April 2019 through March 2026 can file claims by Sept. 8

US stocks have been predicted to extend their recovery on Tuesday, as investors approach the final session of a second quarter that has delivered a strong rebound for many risk assets. Futures pointed to a slightly firmer open, with S&P 500 futures up 0.1%, Nasdaq futures up 0.35% and Dow...

Comcast's cable spinoff lit the fuse on a conglomerate unbundling already reshaping the S&P 500, and five household names are sitting on the same structural pressure point. The market has started pricing in the splits before management announces them.

Disney (NYSE:DIS) has agreed to a $50 million class action settlement related to its streaming price practices. The settlement addresses allegations that Disney influenced streaming market pricing in a way that affected consumers. Separately, a European patent injunction now applies across 11 EU countries to Disney’s video streaming technologies. The injunction could affect how Disney deploys and licenses its streaming infrastructure in key European markets. For investors following Disney,...

The entertainment giant agreed to pay $50 million in a settlement tied to streaming services. See how you can file a claim

Nobody saw this coming. Not Wall Street. Not Hollywood. And almost certainly not Netflix or Disney. On June 29, Comcast announced it would spin off NBCUniversal and Sky into a separate, publicly traded company through a tax-free transaction. After more than 15 years as a single company, the cable ...

(Bloomberg) -- Brian Roberts lost out on an opportunity last year to merge NBCUniversal with Warner Bros. Discovery Inc. But the process helped get the chairman and co-chief executive officer of Comcast Corp. thinking about what NBCUniversal would look like on its own. Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Leaves Tr

Bob Iger and Joshua Kushner have discussed a majority investment bid through Thrive Eternal.

Neurocrine Biosciences earns Bull of the Day on rising earnings forecasts, while Ryanair is Bear of the Day as weaker fares and cost pressures weigh on outlook.

(Bloomberg) -- Former Walt Disney Co. Chief Executive Officer Bob Iger and Thrive Capital founder Joshua Kushner have hired investment bankers and discussed making a bid for the National Basketball Association expansion team in Las Vegas, according to people familiar with their plans. Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS and Iran Agree to Halt Attacking Each Other Ahead of TalksAramco Helicopter Crash in Ras Tanura Kills All 14 on BoardOil Tra

Media giant Walt Disney Co has grown through acquisitions of several media companies under the previous leadership of CEO Bob Iger. The company may have looked significantly different if one or two proposed deals had happened. Disney Almost Merged With...