US judge delays launch of sports streaming venture from Disney, media giants
By Dawn Chmielewski and Jack Queen (Reuters) - A U.S. judge on Friday temporarily blocked the launch of a new sports streaming service backed by three media giants, Walt Disney, Fox and Warner Bros Discovery, which aims to capture younger sports
Disney has dramatically cut traditional TV spending
By Lisa Richwine (Reuters) - Walt Disney has cut its investment in programming for traditional television networks pretty dramatically as part of its strategy to maximize audiences and profit in the streaming TV era, Chief Executive Bob Iger said on Wednesday. Iger
Disney, Warner Bros to offer streaming bundle of Disney+, Hulu and Max
By Lisa Richwine LOS ANGELES (Reuters) - Walt Disney and Warner Bros Discovery will offer a bundle of the Disney+, Hulu and Max streaming services in the United States starting this summer, the companies said in a statement on Wednesday. Customers will
Disney and Comcast seek advisor to resolve Hulu valuation
By Anirban Sen and Dawn Chmielewski NEW YORK (Reuters) - Walt Disney and Comcast are seeking to hire a financial adviser to resolve a dispute over how to value the 33% stake in streaming platform Hulu that the former will acquire
Egan-Jones backs activist Peltz for Disney’s board as proxy battle rages
By Arsheeya Bajwa (Reuters) - Egan-Jones has become the second proxy advisory firm to back Nelson Peltz's push for board seats at Walt Disney, the activist investor's asset management firm said on Wednesday as it takes on the entertainment conglomerate in
FuboTV files antitrust lawsuit to block Disney, Fox, Warner sports streaming deal
By Dawn Chmielewski (Reuters) - Sports-focused streaming service FuboTV said on Tuesday it has filed an antitrust lawsuit against Walt Disney, Fox and Warner Bros Discovery over a planned sports streaming platform by the companies. Fubo alleges in a statement that the
Disney answers activists with gaming investment, ESPN streaming plans
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) - Walt Disney CEO Bob Iger hit back at activist investors on Wednesday with a slew of announcements, including a splashy investment in "Fortnite" maker Epic Games and plans to launch an
Disney, Fox, Warner Bros Discovery to create joint sports streaming platform
By Dawn Chmielewski (Reuters) - Fox Corp, Walt Disney's ESPN and Warner Bros Discovery said on Tuesday they will launch a sports streaming service later this autumn to capture younger viewers who are not tuned in to television. The media companies will
US regulator denies Apple, Disney bids to skip votes on AI
By Ross Kerber (Reuters) - Apple and Disney cannot avoid shareholder votes about their use of artificial intelligence put forward by a labor group, the top U.S. securities regulator has ruled. In notices dated Jan. 3, the U.S. Securities and Exchange Commission