Walt Disney reported earnings that topped Wall Street’s estimates on Thursday, propelled by blockbuster ticket sales from the rude and irreverent summer Marvel film “Deadpool & Wolverine,” and provided an upbeat forecast for the coming year.
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Monday, 18 November 2024
New York Post; ‘Deadpool & Wolverine’ helps push Disney past Wall Street estimates: ‘Well positioned for growth’
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Saturday, 16 November 2024
Hollywood Reporter: Disney Stock Rises Post-Earnings as Wall Street Reacts to Longer-Term Guidance
Story from Hollywood Reporter:
Disney shares rocketed higher in Thursday trading after the major studio, led by CEO Bob Iger, reported its latest quarterly results, including strong film unit results, driven by the likes of Deadpool & Wolverine and Inside Out 2.
Broadband TV News: Last minute renewal for Eurosport on Canal+
Story from Broadband TV News:
Canal+ has announced a new distribution agreement for Eurosport in France and Switzerland.
Friday, 15 November 2024
Broadband TV News: EU Court dismisses Telekom challenge to Vodafone-Liberty deal
Story from Broadband TV News:
The European Court of Justice has ruled that Vodafone’s 2018 takeover of Germany’s Unitymedia was legitimate.
Broadband TV News: Eurosport-Canal+ carriage agreement ends
Story from Broadband TV News:
Canal+ subscribers in France face the prospect of losing Eurosport after the carriage agreement between the two partners expired without a new settlement in place.
Broadband TV News: William Linders to head Viaplay Nederlands
Story from Broadband TV News:
Former VodafoneZiggo executive William Linders has been named as the new chief executive of Viaplay in the Netherlands.
Hollywood Reporter: John Malone Says Next Iteration of Liberty “May Not Be In the Media Business” as He Forecasts Moves
Story from Hollywood Reporter:
John Malone has never been afraid to shake up his businesses.
Deadline: John Malone Says Big Tech Is “Running Wild”
Story from Deadline:
“Tying an industry’s hands behind its back, and allowing big tech to run wild in any direction they chose to run in is inappropriate,” insisted Liberty Media chair and early cable pioneer John Malone, slamming tech giants that are “almost monopolies” for the second time this week.
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Hollywood Reporter; Bob Iger on Disney M&A Under Trump: “We Don’t Really Need More Assets Right Now”
Story from Hollywood Reporter:
While other media and entertainment companies are planning for more M&A under the Trump administration, Disney CEO Bob Iger said the company will likely not go that route.
Hollywood Reporter: Disney CEO Bob Iger to Sell Up to $41M in Stock
Story from Hollywood Reporter:
Disney CEO Bob Iger is planning to sell some of his shares in the company.
Thursday, 14 November 2024
Deadline: Disney Sets Date For ESPN Tile To Be Added To Disney+
Story from Deadline:
Disney will add an ESPN tile to Disney+ on December 4, giving subscribers to its “trio” streaming bundle access to ESPN+ content when they are on Disney+.
Deadline: Bob Iger Defends Disney’s Pricey 2019 Fox Acquisition – Emmys, ‘Avatar’ Came From That Deal, “I Could Go On And On”
Story from Deadline:
Disney’s 2019 acquisition of most 20th Century Fox assets in a deal worth north of $71 billion enriched the Murdoch family but also swelled Disney’s debt and continues to have a mixed response from Wall Street.
Deadline: Disney Touts Two-Year Turnaround Behind Studio’s Stellar Quarter
Story from Deadline:
Just a year ago, Disney CEO Bob Iger was in the midst of an ongoing apology tour for the studio after string of tepid box office returns.
Hollywood Reporter: Disney Expects to Spend $24B on Content Next Year
Story from Hollywood Reporter:
Disney expects to spend $24 billion in content in its fiscal 2025, up slightly from 2024 when the company says it spent $23.4 billion.
The Hollywood Reporter: Disney, Reliance Close Megadeal to Form Indian Entertainment Powerhouse
Story from Hollywood Reporter:
The Walt Disney Co., Reliance Industries Ltd. (RIL), and Viacom 18 Media Private Ltd. said Thursday that the merger of the media and JioCinema businesses of Viacom18 into Star India has become effective, creating a big joint venture in India. In addition, RIL has invested around $1.4 billion into the joint venture (JV) for its growth.
Paramount Global for sale latest - Hollywood Reporter: Ben Affleck Praises Skydance Deal for Paramount: David Ellison Is an Owner, Not “Management Class”
Story from Hollywood Reporter:
Ben Affleck has never been one to shy away from speaking his mind, and while on a panel at CNBC’s Delivering Alpha Summit on Wednesday, he weighed in on a number of topics being closely watched by Hollywood, including the looming deal for Skydance to buy Paramount and the growing use of generative artificial intelligence (AI) by the industry.
Advanced Television: AGCOM clears Swisscom’s Vodafone Italia
Story from Advanced Television:
Following the announcement of the acquisition of Vodafone Italia on March 15th, Swisscom notified the transaction to the Italian Authority for Communications (AGCOM) on September 17th.
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