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download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The subpoena request was first reported by Torrent Freak. Now, Disney and Marvel want to get to the bottom of who's behind the account. Disney, Marvel, and Instagram's parent company, Meta, didn't immediately respond to a request for comment from Business Insider. Disney chief Bob Iger unveiled this month the company's plans for Marvel during an earnings call: quality over quantity.
Persons: America, Instagram, Bob Iger, , @canwegetsometoast, Matthew Slatoff, didn't Organizations: Disney, Service, Marvel, Torrent, Business, Google, Meta
Sunset Boulevard | Corbis Historical | Getty ImagesThe Force remains strong with the Star Wars franchise. Despite not releasing a theatrical film since 2019, Star Wars has been named the top film franchise of 2023 by Fandom, the world's largest platform for entertainment fans. In between each film in the sequel trilogy, Disney released a film that harkened back to an important plot point from past Star Wars films. "At the time, Disney's strategy was to essentially release one new Star Wars film theatrically each year," said Peter Csathy, founder and chair of advisory firm Creative Media. Rebuilding an empireDisney isn't set to release another Star Wars film in cinemas until 2026.
Persons: Mark Hamill, Carrie Fisher, Harrison Ford, Georges Lucas, Paul Dergarabedian, Star Wars Disney Harry Potter, James Bond, Disney, Harry Potter, Kylo Ren, Emperor Palpatine, Darth Vader, , Princess Leia, Han, Peter Csathy, Csathy, Boba Fett, Rosario Dawson, Tano, Ahsoka, Count Dooku, Stephanie Fried, Diego Luna, Cassian Andor, Alan Tudyk Organizations: Star Wars, Star, Disney, Comscore, Star Wars Disney, Marvel, Warner Bros, DC Studios, Lucasfilm, Wars, Creative Media, Lucasfilm Disney Locations: Florida
"The unknown is hard to transact in," Sam Powers, the global head of technology, media, and telecommunications for Bank of America, told Insider. Microsoft's $69 billion acquisition of Activision , which was completed Thursday, has also put media and tech M&A back in the spotlight. "People have been holding their breath in nervous anticipation" about the idea of tech buying big media , one investor told Insider. Private-equity bets on media and Hollywood have seen mixed resultsPrivate-equity firms may have the cash to finance major media acquisitions, but they're reckoning with market volatility. Are you a Hollywood insider?
Persons: Hollywood dealmakers, Jonathan Handel, Sam Powers, Bob Iger, , Byron Allen, Greg Doherty, Iger, Disney's, Byron Allen —, Allen, Disney, it's, Handel, It's, you've, Reese Witherspoon, Dave Kotinsky, Moonbug, Reese Witherspoon's, Jeff Zucker, Abu, Tom Staggs, Kevin Mayer, Lucia Moses, Reed Alexander Organizations: Hollywood, Puck News, Bank of America, SAG, Writers Guild of America, Disney, ESPN, Activision, Byron Allen The Weather, Wall Street shareholders, Bureau of Labor Statistics, Hulu, ABC, Nexstar Media Group, Allen Media Group, Weather, Lionsgate, Starz, Paramount, BET, Warner Bros, Games, Disney Digital Network, Maker Studios, Observers, Comcast, Paramount Global, Tech, MGM, Microsoft, Netflix, Apple, RedBird Capital Partners, RedBird IMI, Private, SP, G Global Market Intelligence, Bloomberg, Media, Apollo Global Management, Yahoo Locations: Hollywood, Blackstone, Abu Dhabi, lmoses@insider.com, ralexander@insider.com
After a run of acquisitions during his first tour as Disney CEO, Bob Iger is looking to shrink the company. "They are our film studios, our parks business, and streaming, all of which are inextricably linked to our brands and franchises." Verizon has reached out to Disney about partnering on a new ESPN streaming service, The Information reported. 2024 will bring some clarity to Disney's streaming business. "The streaming business with ESPN going direct to consumer can generate a lot of subscriptions and hopefully be a positive earnings contributor.
Persons: Bob Iger, He's, Iger, Wells, Steven Cahall, MoffettNathanson's Michael Nathanson, Iger's, hasn't, Macquarie, Tim Nollen, Doug Shapiro, Shapiro, Disney, It'll, there's, Tim Cook, Eddy, Drew Angerer, Disney's, Penn, Joel Simkins, Stratechery's Ben Thompson, Thompson, — Iger, mused, signups, he's, Kevin Lansberry, I'm, Nollen Organizations: Disney, ABC, FX, Geographic, ESPN, Google, Netflix, Warner Bros, Discovery, Warner Bros . Discovery, Comcast, Marvel, Pixar, Apple, Walt Disney, Turner Broadcasting System, Apple's, Hulu, ESPN Iger, Penn Entertainment, Houlihan, Global Technology Group, LightShed Partners, Verizon, Flagship Locations: Orlando , Florida, Sun
In a new court filing, Disney asks for damages and alleges Florida violated its contracts. It's the latest in a lawsuit in which the Florida board says Disney shouldn't have total power over its district. Disney said in the document that it "has fully complied with any and all of its obligations under the Contracts." The company alleged that the Florida board "repudiated its duty" to adhere to the contract. As the lawsuit between Disney and the Central Florida Tourism Oversight District continues to proceed, DeSantis has been on the presidential campaign trail.
Persons: Ron DeSantis, Disney, Bob Iger, DeSantis, Trump, who's Organizations: Disney, Gov, Service, Florida, CNN, DeSantis, District, Central, FiveThirtyEight Locations: Florida, Wall, Silicon, Reedy, Central Florida
After a run of acquisitions during his first tour as Disney CEO, Bob Iger is looking to shrink the company. He's looking to Disney's IP-driven parks, streaming, and film studios to drive growth. "They are our film studios, our parks business, and streaming, all of which are inextricably linked to our brands and franchises." 2024 will bring some clarity to Disney's streaming business. "The streaming business with ESPN going direct to consumer can generate a lot of subscriptions and hopefully be a positive earnings contributor.
Persons: Bob Iger, He's, Iger, Wells, Steven Cahall, MoffettNathanson's Michael Nathanson, Iger's, hasn't, Macquarie, Tim Nollen, Doug Shapiro, Shapiro, Disney, It'll, there's, Tim Cook, Eddy, Drew Angerer, Disney's, Penn, Joel Simkins, Stratechery's Ben Thompson, Thompson, — Iger, mused, signups, he's, Kevin Lansberry, I'm, Nollen Organizations: Disney, ABC, FX, Geographic, ESPN, Google, Netflix, Warner Bros, Discovery, Warner Bros . Discovery, Comcast, Marvel, Pixar, Apple, Walt Disney, Turner Broadcasting System, Apple's, Hulu, ESPN Iger, Penn Entertainment, Houlihan, Global Technology Group, LightShed Partners, Flagship Locations: Orlando , Florida, Sun
Ron DeSantis is campaigning for president, touting his record in Florida and dragging Walt Disney World through the mud everywhere he goes. Then, DeSantis lobs an incendiary accusation: Disney, by opposing the schools bill, was promoting the "sexualization of children." Part of Disney's hurdle in the courts would be that DeSantis' statements are his own opinion. Similarly, even though DeSantis appears ready keep raising Disney at every campaign stop, a defamation lawsuit would take on another dimension that gets loads of news coverage. Even though Disney would be the plaintiff in a defamation lawsuit, materials uncovered during discovery could put Disney in the position of defending its internal communications or business practices.
Persons: DeSantis, , Ron DeSantis, Walt, David Logan, Roy Gutterman, Newhouse, Bob Iger, Daniele Venturelli, Eugene Hoshiko, Lidsky, Barbra Streisand, Logan, Charles Glasser, Glasser, Charles Sykes, Paul Hennessy, Gutterman, John Bazemore DeSantis, that's, it's, Disney Organizations: Disney, Service, Gov, Walt Disney, Walt Disney Company, Roger Williams University School of Law, Liberty, Center, Free Speech, Syracuse University, , University of Florida, Florida Gov, Getty, New York University, Walt Disney World, AP Locations: Florida, North Carolina, Orlando, Philadelphia, Hill, California, Smyrna, Ga
For companies like Target and Disney, it is unclear if boycotts will hit sales. The company said it has not changed any policy on decorations and is encouraging stores to celebrate Pride Month. Despite the mounting headlines and sustained criticism of Bud Light, corporate boycotts are "overstated," and those offended by campaigns tied to Pride Month are in the "minority," Ellis said. Bud Light appears to be an outlierIn April, the brewer ran a March Madness promotion with trans influencer Dylan Mulvaney, who shared a customized Bud Light can on Instagram. Justin Sullivan | Getty ImagesIt isn't just Bud Light — brands across the board are facing calls to boycott their goods or services.
Persons: Gene Kim, Bud Light, Anson Frericks, Starbucks baristas, Sarah Kate Ellis, Ellis, Dylan Mulvaney, Brendan Whitworth, — Alissa Heinerscheid, Daniel Blake —, Bump Williams, Busch, Frericks, Bud, Marcel Marcondes, Marcondes, Justin Sullivan, Jack Daniel's, Lawrence Glickman, Glickman, baristas, hasn't, Disney isn't, Ron DeSantis, Lindsey Roeschke, Brayden King, King, David Cliff, Nurphoto Organizations: Anheuser, Busch, Target, Disney, Starbucks, Pride Month, Target's, Pride, GLAAD, Mulvaney, CNBC, Gay, Chamber, Commerce, Cannes Lions International, Creativity, Brands, Kohl's, Nike, Adidas, Ford, Associated Press, American Studies, Cornell University, Consumer, Walt Disney Co, Florida Gov, Brand Intelligence, Morning, Northwestern University, Getty Locations: U.S, America, San Francisco , California, Oklahoma, Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney isn't taking ESPN direct in 2023 or 2024, says Lightshed's Rich GreenfieldRich Greenfield, Lightshed Ventures general partner, joins 'Last Call' to discuss the recent Wall Street Journal reports concerning Disney's possible ESPN spinoff, its ongoing feud with the state of Florida, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney isn't driving the feud with Gov. Ron DeSantis, says NYT's James StewartNew York Times columnist James Stewart and CNBC's Brian Schwartz discusses the feud between Disney and Florida. Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Iger said this week that while a spinout was considered in his absence, it was concluded ESPN should stay with Disney. Another proposition floated to Disney was to have Comcast buy out Hulu. Iger has previously championed Hulu as part of Disney's strategy to offer three relatively low-priced services (Disney+, Hulu and ESPN+) rather than one mega-product that would likely be the most expensive streaming service. Selling Hulu would unwind this strategy, and it also may lead to cancellations of Disney+ and ESPN+. Even if Disney buys the remaining stake of Hulu, the sides must agree on fair market value.
Netflix said it's open to adding a free, ad-supported streaming service. A FAST offering could help Netflix scale its nascent ads business, which has been slow to take off. Could Netflix launch a free, ad-supported service? A FAST channel — free, ad-supported television — is a linear stream, a model media companies are increasingly using to complement traditional TV and paid streaming services. For Netflix, a FAST could be a quick way to scale its ads business.
Netflix said it's open to adding a free, ad-supported streaming service. A FAST offering could help Netflix scale its nascent ads business, which has been slow to take off. Could Netflix launch a free, ad-supported service? A FAST channel — free, ad-supported television — is a linear stream, a model media companies are increasingly using to complement traditional TV and paid streaming services. For Netflix, a FAST could be a quick way to scale its ads business.
Most people are aware of gift cards for restaurants or retail stores, but the purchasing power of gift cards is nearly limitless. Throughout the year, we gifted the kids gift cards for Valentine's Day and Easter while also purchasing gift cards whenever our family budget allowed. Cash App Investing does not trade bitcoin and Cash App is not a member of FINRA or SIPC. Show more Minimum Deposit Amount $0 Editor's Rating 4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4 out of 5 Stars Pros & Cons Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Whether you're using gift cards to save up for your family's dream vacation or for a major purchase, buying gift cards is an ideal alternative to conventional saving.
Investors are still digesting the news that Bob Iger will reprise his role as the chief executive of Disney. Bob Iger, CEO of Disney Charley Gallay/Stringer/Getty Images1. On Sunday, Disney announced legendary leader Bob Iger would return to his post as CEO and replace Bob Chapek, even though Chapek just months ago signed a contract extension. Disney stock had plunged 21% since Chapek's appointment in February 2020. As long as these headwinds batter the stock market, investors are likely not going to sit idly by and watch what they believe to be mismanagement by corporate leaders.
Netflix is launching a tier with ads Nov. 3, with Disney+ following with a similar offering Dec. 8. Evercore estimated two-thirds of Disney+ subscribers would switch to the ad tier but the uptake remains a question. To be sure, many initial commitments to Disney+ Basic were negotiated as part of the larger TV upfront deals and ranged based on agencies' total spend. If Disney+ Basic underdelivers for advertisers, those buyers also have the assurance that Disney can fill the gaps with other parts of its video business. Disney+ has 152 million subscribers, including 45 million in the US, with a goal of hitting up to 165 million by the end of 2024.
The big question is how large Disney's audience for its ad-supported tier, Disney+ Basic, will be. Netflix is scrambling to launch its ads tier in November, which some ad buyers saw as a move to beat the Walt Disney Co.'s Dec. 8 rollout of Disney+ Basic. To be sure, many initial commitments to Disney+ Basic were negotiated as part of the larger TV upfront deals and ranged based on agencies' total spend. If Disney+ Basic underdelivers for advertisers, those buyers also have the assurance that Disney can fill the gaps with other parts of its video business. Both Disney+ Basic and Netflix's ad-supported tier will enter an increasingly crowded marketplace for streaming ads.
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