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Ron DeSantis Sees Judge In Disney Battle Removed, But Not For “Woke” Bias – Update - deadline.com - Florida
deadline.com
02.06.2023 / 00:27

Ron DeSantis Sees Judge In Disney Battle Removed, But Not For “Woke” Bias – Update

2ND UPDATE, 5:20 PM: Florida Gov. Ron DeSantis today won a victory in his legal skirmishes with the Walt Disney Company — but not for the reasons he wanted to.

WGA President Calls on Netflix, Comcast Shareholders to Reject Executive Pay Packages - thewrap.com
thewrap.com
30.05.2023 / 18:55

WGA President Calls on Netflix, Comcast Shareholders to Reject Executive Pay Packages

Writers Guild of America is opening up a new front against the studios as its strike continues, as WGA West President Meredith Stiehm sent an open letter to Netflix and Comcast shareholders calling on them to reject the pay packages for those companies’ top executives that are up for a vote. Netflix is set to have its annual shareholders meeting on June 1, with Comcast, parent company of NBCUniversal, holding its shareholder meeting on June 7.

Comcast, Disney ‘Tens of Billions’ Apart on Hulu Valuation, Now Aiming at Early 2024 Agreement (Report) - thewrap.com
thewrap.com
25.05.2023 / 15:37

Comcast, Disney ‘Tens of Billions’ Apart on Hulu Valuation, Now Aiming at Early 2024 Agreement (Report)

The Wall Street Journal reported that the two media and entertainment giants want to reach a deal to resolve the ownership of Hulu, but the disagreement over how much the nation’s fifth-largest streaming service is worth is stalling progress. Neither Disney nor Comcast responded to requests for comment.Disney owns two-thirds of Hulu, while Comcast owns one-third, acquired when it took control of one of the streamer’s founding backers, NBCUniversal, in 2011.

Disney Parks Chief Josh D’Amaro Says Clash With Florida Gov. Ron DeSantis Has Not Hurt Business; Company Still Plans To Spend $17B In State Over Next Decade - deadline.com - Florida
deadline.com
22.05.2023 / 14:21

Disney Parks Chief Josh D’Amaro Says Clash With Florida Gov. Ron DeSantis Has Not Hurt Business; Company Still Plans To Spend $17B In State Over Next Decade

If the feud between Disney and Florida Gov. Ron DeSantis was going to be escalated yet again, parks chief Josh D’Amaro didn’t seem like he would be the one to do it.

Florida Man Attacks! Ron DeSantis Says “Zero” Chance He’ll Back Down In Disney Battle; Wants “Woke” Judge In Mouse House Suit Tossed - deadline.com - California - Florida - state New Hampshire
deadline.com
19.05.2023 / 22:49

Florida Man Attacks! Ron DeSantis Says “Zero” Chance He’ll Back Down In Disney Battle; Wants “Woke” Judge In Mouse House Suit Tossed

If you figured the war between Disney and Gov. Ron DeSantis was going to take a breather for the weekend, think again.

‘Indiana Jones 5’ Gets Lukewarm Five-Minute Cannes Ovation as Harrison Ford Says an Emotional Goodbye - variety.com - France - Indiana - county Harrison - county Ford
variety.com
18.05.2023 / 20:53

‘Indiana Jones 5’ Gets Lukewarm Five-Minute Cannes Ovation as Harrison Ford Says an Emotional Goodbye

Harrison Ford fought back tears at one of the biggest premieres at this year’s Cannes Film Festival. No expense was spared as Disney jetted its top executives, including CEO Bob Iger, to the South of France for “Indiana Jones and the Dial of Destiny,” the fifth chapter in one of the most celebrated film franchises in movie history. But when the credits rolled on this action epic involving time travel directed by James Mangold, Cannes only mustered a slightly muted five-minute standing ovation for the film. The biggest cheers of the night were reserved for Ford, who was summoned to the stage by festival director Thierry Frémaux to receive a surprise Palme d’Or after a reel of his greatest roles played onscreen.

Disney Sticks It To DeSantis & Scraps Plan To Move Staffers To Florida From California; “Considerable Changes” In Situation, Parks Boss Josh D’Amaro Says - deadline.com - California - Florida - Lake
deadline.com
18.05.2023 / 20:45

Disney Sticks It To DeSantis & Scraps Plan To Move Staffers To Florida From California; “Considerable Changes” In Situation, Parks Boss Josh D’Amaro Says

Just over a week ago, Bob Iger rhetorically asked the adversarial  Gov. Ron DeSantis if Florida really wanted Disney’s considerable business and tax revenue, or not. Now, without mentioning the would-be presidential contender nor his attacks on the company, the Mouse House has pulled some of that business and taxes revenues from the Sunshine State.

Disney Content Spending in 2023 May Be Lower Because of Writers Strike, CFO Says - variety.com - New York
variety.com
17.05.2023 / 15:17

Disney Content Spending in 2023 May Be Lower Because of Writers Strike, CFO Says

Todd Spangler NY Digital Editor Disney has pegged total cash content spending at around $30 billion for this year — but the ongoing Writers Guild of America strike may drive that down, CFO Christine McCarthy said. “If you haven’t noticed we’re in the middle of a writers strike,” McCarthy said, speaking Wednesday at MoffettNathanson’s Technology, Media and Telecom Conference in New York. The WGA walkout may reduce Disney’s cash spending on content for the balance of the year, she said. At the MoffettNathanson conference, MCarthy appeared alongside Disney president of ad sales Rita Ferro. The two Disney execs spoke a day after the media conglom’s upfront presentation in the Big Apple to ad buyers and brands — which was noticeably light on scripted fare, given the writers strike. Marvel’s Kevin Feige previewed upcoming Disney+ series “Secret Invasion,” featuring Samuel L. Jackson and Don Cheadle, and announced premiere dates for “Loki” Season 2 and “Hawkeye” spinoff “Echo.”

Comcast CEO Brian Roberts Says It’s ‘More Likely Than Not’ They’ll Sell Remaining Hulu Stake to Disney - thewrap.com
thewrap.com
16.05.2023 / 15:21

Comcast CEO Brian Roberts Says It’s ‘More Likely Than Not’ They’ll Sell Remaining Hulu Stake to Disney

Comcast CEO Brian Roberts addressed the company potentially selling its 33% stake in the streamer. “I think it’s more likely than not,” Roberts said. “I’m pretty certain if and when we sell our Hulu stake, it’ll be for more than what we have, and in fact, that’s contractually certain.”Disney currently owns 67% of Hulu with with Comcast’s NBCUniversal holding a minority stake.

Brian Roberts Says Comcast “More Likely Than Not” To Sell Hulu Stake To Disney - deadline.com
deadline.com
16.05.2023 / 14:55

Brian Roberts Says Comcast “More Likely Than Not” To Sell Hulu Stake To Disney

The CEO of NBCUniversal parent Comcast said it’s “more likely than not” the company will end up selling its third of Hulu to Disney, after his Mouse counterpart indicated clearly last week that this would be Disney’s preferred outcome. There’s been some grandstanding over the past year as the deadline approaches, but both of Hulu’s parents appear to be on or near the same page now.

NBCU Streaming Chief Addresses Linda Yaccarino Exit During Upfront: ‘We Want to Thank Her and Wish Her Well’ - thewrap.com - Los Angeles
thewrap.com
15.05.2023 / 15:51

NBCU Streaming Chief Addresses Linda Yaccarino Exit During Upfront: ‘We Want to Thank Her and Wish Her Well’

exited the company after more than a decade on Friday to serve as the new chief executive officer of Twitter. “So what was more surprising today, being welcomed by a foul mouthed teddy bear or seeing me up here on stage?,” Lazarus told an audience of advertisers during the company’s Upfront presentation on Monday, referencing a raunchy musical opening from Seth MacFarlane’s Ted.

Linda Yaccarino’s 11th-Hour Jump To Twitter Gets Shoutout At Start Of NBCUniversal Upfront From TV And Streaming Boss Mark Lazarus: “We Want To Thank Her And Wish Her Well” - deadline.com - city Radio
deadline.com
15.05.2023 / 15:09

Linda Yaccarino’s 11th-Hour Jump To Twitter Gets Shoutout At Start Of NBCUniversal Upfront From TV And Streaming Boss Mark Lazarus: “We Want To Thank Her And Wish Her Well”

Mark Lazarus, chairman of NBCUniversal Television and Streaming, wasn’t on the production call sheet until very recently for the company’s upfront at Radio City on Monday morning.

Disney Shares Fall On Mixed Quarter Amid Hulu & Succession Overhang; Wall Street Analysts Say Stock Undervalued - deadline.com
deadline.com
11.05.2023 / 18:41

Disney Shares Fall On Mixed Quarter Amid Hulu & Succession Overhang; Wall Street Analysts Say Stock Undervalued

Disney is the DJIA’s worst performer today with shares down over 8% after reporting fiscal second quarter earnings that were mixed and a bit messy as the company and industry reset.

Disney Stock Falls on Uncertainty Over Streaming Profitability, Ad Weakness - variety.com - Canada
variety.com
11.05.2023 / 16:07

Disney Stock Falls on Uncertainty Over Streaming Profitability, Ad Weakness

Todd Spangler NY Digital Editor Shares of Disney slipped as much as 9% in trading Thursday after the media conglomerate reported earnings for the first three months of 2023. Disney’s earnings report showed progress on the cost-cutting front — with streaming losses narrowing for the quarter — but analysts cited a weak advertising outlook and uncertainty over when its streaming business can contribute to the bottom line. As of 11:30 a.m. ET, Disney’s stock price was $92.86/share, down 8.2%, and off its 52-week high of $126.48. Disney+ lost 4 million subscribers for the quarter ended April 1, including a loss of 300,000 in the U.S./Canada. But the company narrowed its streaming losses by $400 million, down 26% year over year, and Disney said it would remove content from Disney+ to cut costs while also expecting to raise prices on the ad-free Disney+ tier. In addition, CEO Bob Iger announced that the company would launch an integrated Disney+/Hulu “one-app experience” in the U.S. by the end of 2023 — indicating Disney’s desire to hold on to Hulu.

Time to Grow Up, Disney+ and Hulu: Content Cuts Coming as Part of Streaming’s ‘Maturation Process’ - variety.com
variety.com
11.05.2023 / 01:43

Time to Grow Up, Disney+ and Hulu: Content Cuts Coming as Part of Streaming’s ‘Maturation Process’

Cynthia Littleton Business Editor Disney is going on a diet — but Hulu is still on the menu. Disney CEO Bob Iger and chief financial officer Christine McCarthy delivered a clear message on Wednesday to Wall Street and to Hollywood during Disney’s quarterly earnings call. Disney will cut the overall volume of content produced for its streaming platforms — primarily Disney+ and Hulu — as it deals with a much tighter macroeconomic environment, not to mention the uncertain impact of the writers strike that began May 2. After spending just under $30 billion on content in Disney’s 2022 fiscal year (which ends in September), Iger has targeted $3 billion in savings for 2023. Of that $30 billion, about 30% is devoted to sports rights for ESPN and ABC Sports.

Disney CEO Bob Iger Places Future of Hulu in Comcast’s Lap - thewrap.com
thewrap.com
10.05.2023 / 22:15

Disney CEO Bob Iger Places Future of Hulu in Comcast’s Lap

combined into one app offering by the end of the year on Wednesday, Disney CEO Bob Iger has suggested that the future of the hybrid subscription/ad-supported streamer remains in the hands of rival Comcast. Under a 2019 put/call agreement, Disney can buy out the NBCUniversal parent’s 33% minority stake in Hulu as early as January 2024 – and Comcast can require that Disney do so.

Confirmed: Hulu & Disney+ To Combine By Year’s End - theplaylist.net
theplaylist.net
10.05.2023 / 22:03

Confirmed: Hulu & Disney+ To Combine By Year’s End

What many saw as inevitable has finally come to pass. During the company’s annual earnings call, Disney CEO Bob Iger revealed that the Walt Disney Company will roll out a singular streaming app by the end of 2023.

Disney+ to Add Hulu Content in ‘One-App Experience’ Later in 2023 - variety.com
variety.com
10.05.2023 / 21:21

Disney+ to Add Hulu Content in ‘One-App Experience’ Later in 2023

Todd Spangler NY Digital Editor Disney is pulling Hulu tighter into the Mouse House. On Disney’s earnings call Wednesday, CEO Bob Iger said the company will soon launch a “one-app experience” in the U.S. that incorporates Hulu content into Disney+. The new combined offering will launch by the end of 2023, he said. “While we will continue to offer Disney+, Hulu and ESPN+ as standalone options, this is a logical progression of our [direct-to-consumer] offerings that will provide greater opportunities for advertisers while giving bundle subscribers access to more robust and streamlined content, resulting in greater audience engagement and ultimately leading to a more unified streaming experience,” Iger said.

Disney+ And Hulu Programming To Be Combined Into One App By Year’s End, Bob Iger Says - deadline.com
deadline.com
10.05.2023 / 21:17

Disney+ And Hulu Programming To Be Combined Into One App By Year’s End, Bob Iger Says

Disney will roll out a single streaming app with programming from ESPN+, Hulu and Disney+ by the end of this year.

Hadley Gamble Is Leaving CNBC; Exit Follows Comcast’s Firing Of NBCUniversal CEO Jeff Shell - deadline.com - Beyond
deadline.com
09.05.2023 / 19:01

Hadley Gamble Is Leaving CNBC; Exit Follows Comcast’s Firing Of NBCUniversal CEO Jeff Shell

Hadley Gamble, whose complaints led to the firing of ex-NBCUniversal boss Jeff Shell late last month, is leaving CNBC, the network said today.

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