Streaming television service FuboTV will merge with Walt Disney’s Hulu + Live TV, creating one of the biggest digital pay-TV platforms in the United States. The deal sent Fubo TV stock soaring 240% on Monday.
According to the agreement between the two companies, Disney will...
Media and entertainment giant Disney reported its quarterly earnings on Thursday that came above the Wall Street estimates thanks to strong streaming results. The company’s stock rose more than 6% immediately after the results were announced.
Disney’s revenue in the fourth quarter of fiscal 2024...
Entertainment and media giant Disney is creating a new business unit that will be focused on artificial intelligence and other emerging technologies like augmented reality.
Disney announced the move in a memo sent out to staff last week. The new division will be tasked with...
Media and entertainment giant Disney revealed that it will announce its new CEO in “early 2026.” The company’s current CEO, Bob Iger, is under contract until December 2026.
The timeline was unveiled during the introduction of former Morgan Stanley top executive James Gorman as a...
Bob Iger spent more than 15 years as Disney’s chief executive officer the first time around. But he doesn’t intend to stay anywhere near that long in his second stint at the position.
In an appearance on Kelly Ripa’s podcast Let’s Talk Off Camera, Iger...
Media and entertainment giant Disney is hiking up subscription costs in the United States for its streaming services, including Disney+, Hulu, and ESPN+. The new prices will come into effect in October.
Its flagship streamer, Disney+, will see a $2 increase for both the ad-supported...
