Disney Tag

By Todd Spangler August 9, 2018 | Hulu’s cash burn has accelerated — its losses in the second quarter of 2018 more than doubled — as the video-streaming venture continues to step up its investment in content and technology to acquire new customers. At this point, questions remain about what will happen next for Hulu once Disney gains majority control of the company, and how the service...

By Brooks Barnes August 5, 2018 | LOS ANGELES — Very little is known about Disneyflix, as some people in Hollywood are calling the Netflix-style streaming service that Disney plans to introduce late next year. How much will subscriptions cost? Disney has given hints but no specifics. The name, rollout strategy, precise menu of movies and television shows — all still a mystery. But...

By Andrew Liptak August 3, 2018 | Companies like Disney and Warner Bros. already have extensive back-catalogs of material, and have launched their own efforts to bring out their own streaming platforms. Disney’s is expected to launch sometime in 2019, while Warner Bros. will launch DC Universe, dedicated to its superhero franchises, later this fall. Both services will help bring all...

By Meg James July 27, 2018 | Walt Disney Co. and 21st Century Fox Inc. shareholders on Friday overwhelmingly approved Disney’s proposed $71.3-billion takeover of much of Rupert Murdoch’s 21st Century Fox — a milestone in a merger that is expected to dramatically reshape the entertainment industry. The deal’s contours began to form nearly a year ago over wine between Disney Chief Executive...

By Todd Spangler June 20, 2018 | Walt Disney Animation Studios will debut its first virtual-reality short film next month, marking a new experiment by a major studio to use the power of VR to enhance storytelling. The short film, “Cycles,” is directed by Disney Animation lighting artist Jeff Gipson, marking his VR directorial debut. Read more on Variety. Related Articles: Next UP “Alternate Realities” | How...

By Cynthia Littleton Jul 19, 2018 | As it moves closer to completing its acquisition of 21st Century Fox assets, Disney is preparing to overhaul the leadership of Disney/ABC Television Group. 21st Century Fox president Peter Rice and Fox Television Group chairman Dana Waldenare slated to relocate to Disney in senior posts overseeing TV operations. Current Disney/ABC TV Group president Ben Sherwood is expected to transition to a new role at...

By Gerry Smith and Anousha Sakoui July 19, 2018 | Following a bidding war with Disney, Comcast concluded that the price for the Fox assets was too high, according to a person familiar with the matter who asked not to be identified because the decision process was private. Another hurdle was the regulatory requirement to divest Fox’s regional sports networks as part...

By Ryan Faughnder June 28, 2018 | Walt Disney Co. is shuffling its executive ranks as it prepares to launch its streaming video service, a key initiative by the company to remain a dominant entertainment player in the digital age. The Burbank-based studio on Thursday put its film marketing president, Ricky Strauss, in charge of content and marketing for its streaming initiative, which...

By Ben Munson June 22, 2018 | The Walt Disney Company is promising to sell off even more Fox assets if its $71 billion deal for the company’s studio and cable network businesses earns regulatory approval. In a filing with the SEC, Disney said that it would be willing to part ways with Fox assets representing up to $1 billion in total EBITDA. That’s an...

By Dade Hayes and Dawn C. Chmielewski June 20, 2018 | Disney CEO Bob Iger said changes in consumer habits are driving the company’s aggressive pursuit of 21st Century Fox studio and network assets. Facing historic levels of competition from Netflix and other digital players, traditional media powers have no choice but to act, he said in a conference call this morning with Wall Street analysts. “Direct-to-consumer distribution has actually become an even more...