Latest in Disney

Disney chief executive Bob Iger weighed in on AI today, staying general but calling the battleground technology good for Disney’s business, but disruptive. “It's pretty clear that AI represents some pretty interesting opportunties for us, and some substantial benefits. In fact, we are already…

Disney CEO Bob Iger has changed strategic course on Hulu, revealing that “cordial” and “constructive” discussions have started with Comcast about Disney acquiring its one-third stake in the streaming service. “I mentioned on the first earnings call that I did [in February] when I came back that…

"Does the state want us to invest more, employ more and pay more taxes or not?" Disney CEO Bob Iger rhetorically asked today of the on-going attacks on the Mouse House by Florida Governor Ron DeSantis. "There’s .. a false narrative that we’ve been fighting to protect tax breaks as part of this,' the…

Disney will be yanking content from streaming as it rethinks its costs and strategy, and is looking at a content impairment charge of $1.5 billion to $1.8 billion as it does. “We are in the process of reviewing the content on our DTC services to align with the strategic changes in our approach to…

Disney will roll out a single streaming app with programming from Hulu and Disney+ by the end of this year. CEO Bob Iger announced the move during the company’s fiscal second quarter earnings call, describing it as a “logical progression of our DTC offerings.” Disney+, Hulu and ESPN+ will continue to…

Disney Parks & Experiences generated the bulk of parent profits and about a third of total revenue last quarter with a noteworthy swing in international from Hong Kong to Shanghai to Paris. Total sales at the divison called Disney Parks, Experiences and Products jumped 17% to $7.8 billion, the…

The Walt Disney Co. reduced losses in its streaming business by 26% (about $200 million) in its fiscal second quarter as the company’s overall results matched Wall Street expectations. The streaming story included some mixed indicators, however. Flagship service Disney+ had its second straight…

Disney/Marvel's Guardians of the Galaxy Vol. 3 has rocketed past the $300M mark globally through Monday. At the same time, it will propel The Walt Disney Company across $2B worldwide for 2023 to date with today’s numbers included. Weekend actuals on the James Gunn-directed threequel came in higher…

Halle Bailey is making a splash as the star of The Little Mermaid and during the Hollywood premiere of the Disney film she opened up about finally having audiences see her as Ariel on the big screen. “This moment means everything to me, I’m so grateful to be here,” she said. “I just feel really…

UPDATED with more studios: The writers strike is now impacting overall deals. Just days into the work stoppage, major TV studios have started sending out letters to writer/producers under overall and first-look agreements, telling them that their deals are being suspended. Related Story …

SUNDAY AM WRITETHRU: After Saturday late night update…refresh for more analysis and chart Great news, as Disney/Marvel Studios’ Guardians of the Galaxy Vol 3 held it together on Saturday with an estimated $38.8M, just -20% off from its Friday+previews’ figure of $48.2M. This will get the James…

Ron DeSantis is claiming victory over silencing Disney following their public feud after the entertainment company openly opposed the so-called “Don’t Say Gay” bill that was signed into law by the Florida governor. “The big issue with Disney was they exercised a lot of political influence in this…