Canada will abandon efforts to compel foreign streamers to make mandatory financial contributions to the domestic entertainment industry, according to a court filing.
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People Incorporated, formerly known as IAC, is exploring a possible sale of The Daily Beast as it looks to focus its portfolio around People Inc. and MGM, sources told Axios.
fuboTV (NYSE:FUBO) stockholders approved all six proposals presented at the company’s 2026 Annual Meeting of Stockholders, including the election of eight directors, an expansion of the company’s equity incentive plan and an amendment to its certificate of incorporation. The virtual meeting was hel
Viking Global just filed its 13F, handing retail investors a five-stock shortlist that spans AI chips, streaming turnarounds, and a rate-cycle trade, and four of them are flashing buy signals before the next earnings window closes.
Both Salesforce and Disney have taken serious hits this year, but retirement investors face a genuine dilemma when the cheaper stock and the faster-growing stock point in opposite directions. Picking the wrong dip could cost you more than just patience.
For YouTube, the partnership is the latest and greatest attempt to trounce Netflix as both seek to become all-in-one entertainment platforms.
Warner Bros. Discovery stock Monday hit its lowest point since the company’s merger with Paramount Skydance was reached in February as Wall Street appears to be putting little more than a 50% chance that the deal will get done. Warner Bros. stock dropped 1.8% Monday to $25.28, ending about 18% below the $31-a-share cash offer from Paramount, whose stock also declined Monday. Warner Bros. stock had been trading around $27 in June.
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the consumer discretionary - media industry, including Disney (NYSE:DIS) and its peers.
Walt Disney stock has fallen about 44.4% over the past five years, yet current checks suggest the share price may now sit below the intrinsic value estimate, with both a Discounted Cash Flow (DCF) approach and earnings based multiples indicating undervaluation. Over the last five years the share price decline of roughly 44.4% has reset expectations, which is often when valuation gaps can open up for long term investors. Potential improvements in cash generation from parks, cruises and...
According to a court filing from Friday, the companies have agreed to pause the transaction until five days after the court issues a final decision on the merger, or until June 1, 2027.
Walt Disney stock has been an absolute dog this year, dropping 17% on concerns about consumer demand and the health of its media businesses. Kraft Heinz and Disney announced what they called a strategic alliance that “spans food service, media, events and more,” and will include “storytelling-driven offerings.” When we begged Disney for more, we were primly informed, “We don’t have any more to share today.”
AI on/AI off is now driving the stock market. Rocky Fishman at Asym Research points out that of the 11 sectors that make up the five have a zero or negative correlation with the index over the past five months, including healthcare and real estate. If I told you the exchange-traded fund is up 1.2% this week—it is—you wouldn’t be any closer to knowing that the S&P 500 is falling 0.2%, which it is.
The bears have it wrong when it comes to the House of Mouse.
NFLX's local-language hits, global franchises and disciplined content spending are broadening engagement and supporting more durable revenue growth.
According to the average brokerage recommendation (ABR), one should invest in Disney (DIS). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Walt Disney stock has been an absolute dog this year, dropping 17% on concerns about consumer demand and the health of its media businesses. Kraft Heinz and Disney announced what they called a strategic alliance that “spans food service, media, events and more,” and will include “storytelling-driven offerings.” When we begged Disney for more, we were primly informed, “We don’t have any more to share today.”
When the Oracle of Omaha wasn't patient, he paid dearly for it.
Walt Disney stock has been an absolute dog this year, dropping 17% on concerns about consumer demand and the health of its media businesses. Kraft Heinz and Disney announced what they called a strategic alliance that “spans food service, media, events and more,” and will include “storytelling-driven offerings.” When we begged Disney for more, we were primly informed, “We don’t have any more to share today.”
JAKKS Pacific (NASDAQ:JAKK) reported second-quarter results that Chairman and Chief Executive Officer Stephen Berman said were “modestly better” than the company’s expectations, with revenue rising from a year earlier as North American sales rebounded from tariff-related disruption in the prior-year
The company connects hospitals’ electronic health records and insurance claims systems, positioning itself as the infrastructure layer beneath the healthcare AI boom.
The latest trading day saw Walt Disney (DIS) settling at $92.83, representing a -3.17% change from its previous close.
Paramount Skydance Corp. (NASDAQ:PSKY) has secured European Union antitrust approval for its $110 billion acquisition of Warner Bros. Discovery (NASDAQ:WBD) after agreeing to end its film distribution joint venture with Universal Pictures. On Wednesday, the European Commission said Paramount’s commitment to dissolve the United International Pictures joint venture in Europe within 13 months of closing the deal resolves its competition concerns. The company will avoid film distribution agreements
Comcast's Peacock streaming service reported its first quarterly profit ever on Thursday, as the soccer World Cup and the hit reality show "Love Island USA" attracted more subscribers. Shares of the company were up 3% in premarket trading. The $189 million pre-tax profit marks a major win for the streaming service, which was a late entrant in 2020 and had to spend billions of dollars on content to establish a foothold in a market dominated by Netflix, Disney+ and Amazon Prime Video.
Kraft Heinz recently entered a long-term collaboration with The Walt Disney Company covering food service, media, and branded experiences across Disney’s parks, resorts, and events. At the same time, several research sources highlight Kraft Heinz as an apparently undervalued value stock based on its earnings outlook and relatively low valuation multiples versus peers. We’ll now examine how the new Disney collaboration may influence Kraft Heinz’s turnaround-focused investment narrative and...
Pixar absorbed the largest share of Disney's latest layoffs as ESPN, National Geographic and other entertainment divisions also faced significant workforce reductions.