Positive figures from two key areas could send the stock higher.
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Walt Disney’s stock is down about 0.1% in July, after posting declines in May and June.
Canada will abandon efforts to compel foreign streamers to make mandatory financial contributions to the domestic entertainment industry, according to a court filing.
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.
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
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.
Paramount's bid still faces hurdles across the Atlantic after a federal judge in California ordered the companies to temporarily pause their merger this week.View on euronews
Mickey Mouse, meet Kraft Mac & Cheese. Kraft Heinz and Disney struck a deal that gives the food conglomerate a foothold in one of America’s most enduring entertainment empires. Under the multiyear partnership, Disney will serve Kraft Heinz products at its properties throughout North America, and Kraft Heinz will be able to use Disney’s characters on some goods in stores.
(Bloomberg) -- Paramount Skydance Corp. was on the brink of closing its blockbuster $110 billion takeover of Warner Bros. Discovery Inc. Now the companies are facing a legal hurdle that risks putting the deal on hold for months at a cost that could quickly climb to billions of dollars. Most Read from BloombergSaudi-Led Coalition in Yemen Vows to Protect Ships From HouthisUS Strikes Iran in Escalating Campaign After Troops KilledIran Says Mediators Stepping In After Days of US ClashesMoonshot’s K
Walt Disney Co (NYSE:DIS, XETRA:WDP) is scheduled to report fiscal third quarter results on August 5, with UBS analysts expecting accelerating earnings growth as first-half headwinds ease and forecasting the company will maintain its fiscal 2026 guidance. UBS expects Disney to report fiscal...
By Jody Godoy and Dawn Chmielewski July 20 (Reuters) - A coalition of states led by California won a pause of Paramount's $110 billion acquisition of Warner Bros.
Walt Disney is set to release its third-quarter results in August, with analysts predicting single-digit earnings growth.
Netflix just reported a revenue miss, a free cash flow collapse, and its stock sits near a 52-week low, yet our proprietary model is flashing one of the most aggressive buy signals we have issued all year.
Analysts say Netflix is losing control of its own story, and a single line buried in Friday's earnings report about future disclosures is making Wall Street more nervous than the guidance miss itself.
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When Universal Studios or Walt Disney bases a ride on popular intellectual property, they run the risk of not meeting the expectations of that property's hardcore fanbase. That's something Disney largely escaped with its Star Wars: Galaxy Edge lands. The company intentionally created a new setting ...
Netflix is facing a host of challenges as it prepares to report its second-quarter results late Thursday.
Carr expressed his views on the Paramount-Warner Bros. Discovery merger, antitrust concerns and Disney’s DEI-related investigations.
Led by California, the states argue the deal is anticompetitive, would harm theaters and lead to price increases for TV bundles.
By Jody Godoy and Dawn Chmielewski NEW YORK/LOS ANGELES, July 13 (Reuters) - California and 11 states sued to block Paramount's $110 billion acquisition of Warner Bros.
By Jody Godoy July 13 (Reuters) - California and 11 states are suing to block Paramount's $110 billion acquisition of Warner Bros.
Moby summary of WD-40 Company's Q3 2026 earnings call
Walt Disney stock has had a tough run over the past few years, yet both the Discounted Cash Flow (DCF) intrinsic value estimate and the market multiple checks currently point to the shares trading at a discount to those fundamentals. Walt Disney shareholders have seen the stock decline 46.1% over the past 5 years, which sets expectations low even as current valuation tools suggest more value in the business than the share price reflects. Heavy capital spending on parks and streaming can...
Bowen, who succeeds FuboTV co-founder David Gandler as CEO, has nearly three decades of experience in the media industry.
Streaming firm FuboTV on Thursday named Disney executive Alisa Bowen as CEO effective July 10, while removing company veteran David Gandler as top boss. Bowen, 53, joins FuboTV from Walt Disney, where she served as president of the media giant's streaming platform Disney+ since September 2022. Her career also includes leadership positions at News Corp Australia, Dow Jones and Thomson Reuters.
Top Netflix executives who gathered for its annual business review this spring had a lot to be cheerful about. At the time, it was a small part of a conversation about the company’s goals, but it has since become a frequent topic of discussion at meetings, people familiar with the matter said. Engagement, which measures how long people spend watching content and how frequently they finish a movie or series, is the holy grail in modern Hollywood.
Live sports are the last thing on American television that everyone still watches at the same moment. Scripted hits get binged alone. Award shows shed viewers every year. But when the national team plays a knockout match in July, tens of millions of people show up at once, and advertisers pay ...
Walt Disney World visitors planning a trip to Epcot later this year will soon lose access to one of the park's most iconic dining experiences. The restaurant is unlike any other at Disney World, allowing guests to dine beside a massive living coral reef aquarium through floor-to-ceiling windows ...
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.