Walt Disney Co

Guests spent more at US theme parks, and cruise ships saw higher volume, compared with the same period a year earlier, Disney said.

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...

China accounted for 17.7% and India 2.9% of the global linear TV reach of the 2022 tournament.

Lifestyle

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

Adapting to shifting markets, Disney faces a fading TV sector, lower box office, and rising rivals.

Lifestyle

Disney to eliminate 1,000 positions

The cuts hit marketing group, ESPN’s studio and TV business, products and technology and certain corporate functions

The planned layoffs could affect less than 1 per cent of Disney's total employees.

Consumer & Healthcare

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...

Disney has alleged that Seedance is reproducing, distributing and creating derivative works featuring Spider-Man, Darth Vader and other characters, a source says.

International

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

Josh D'Amaro, chairman of the company’s experiences division, was promoted primarily through the company’s theme-park ranks.

Companies & Markets

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

Under the three-year licensing pact, OpenAI's Sora will generate short, user-prompted social videos using over 200 Disney, Marvel, Pixar and Star Wars characters.

Telcos, Media & Tech

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

On Thursday, Disney reported fourth-quarter sales that fell short of Wall Street estimates and disclosed expenses that were set to impact profit in the first quarter of fiscal 2026.

Lifestyle

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's US$22.5 billion revenue for the quarter ended Sep 27 was roughly flat compared to the same period last year, sending its stock price down as much as 10 per cent on Wall Street.

Lifestyle

Disney shares tumble as film flops hit revenue

Movies fare badly in Q4 but theme park and streaming services are positives

Disney+ is currently the third-largest streaming platform in Asia.

Lifestyle

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

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