Walt Disney Co
Disney earnings beat estimates as new CEO outlines growth strategy
[LOS ANGELES] Walt Disney exceeded Wall Street’s quarterly earnings estimates on Wednesday (May 6) as streaming and theme park revenue rose, and new chief executive Josh D’Amaro reiterated that the co...
Fifa faces World Cup broadcast crisis as India’s Reliance offers US$20 million, China deal unannounced
The 2026 tournament kicks off on Jun 11, leaving barely five weeks for a deal to be finalised
Disney to eliminate 1,000 positions
The cuts hit marketing group, ESPN’s studio and TV business, products and technology and certain corporate functions
Disney plans to cut 1,000 jobs, WSJ reports
WALT Disney is planning to cut as many as 1,000 positions in the coming weeks, many of which will be made in the company’s marketing department, the Wall Street Journal reported on Wednesday, citing s...
ByteDance pledges to prevent unauthorised IP use on AI video tool
Disney has sent a cease-and-desist letter accusing the Chinese company of using its characters to train and power the tool without permission
Disney is close to picking parks chief D’Amaro as next CEO
He is now leading a US$60 billion investment in expanding the company’s resorts and nearly doubling its fleet of cruise ships
Disney invests US$1 billion in OpenAI, strikes licensing deal
The company to tap OpenAI tools for new products and experiences, and to roll out ChatGPT to staff
Disney and YouTube TV reach agreement to restore channels
WALT Disney Company and YouTube TV reached an agreement to restore channels such as ABC and ESPN to the online video service.
Disney shares tumble as film flops hit revenue
Movies fare badly in Q4 but theme park and streaming services are positives
Disney eyes sports and anime to boost Asia streaming business
It is projected to end 2025 with US$1.4 billion in revenue across the region, excluding India and China, said Media Partners Asia
