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Search resuls for: "Disney's ABC"


7 mentions found


☆ Disney CEO Iger promises 2026 exit, says ABC not for sale
  + stars: | 2023-11-29 | by ( Lisa Richwine | ) www.reuters.com   time to read: +1 min
Disney's Chief Executive Officer Bob Iger holds a news conference at Shanghai Disney Resort as part of the three-day Grand Opening events in Shanghai, China, June 15, 2016. REUTERS/Aly Song/File Photo Acquire Licensing RightsLOS ANGELES, Nov 29 (Reuters) - Walt Disney (DIS.N) Chief Executive Bob Iger said on Wednesday he would "definitely" step down when his current contract ends in 2026 and that the ABC broadcast network was not for sale. Iger returned to Disney as CEO in November 2022, less than a year after he retired, to revamp the media company after the board ousted his hand-picked successor, Bob Chapek. Disney's ABC unit is not up for sale, Iger said as the company deals with a decline in linear television because viewers are shifting toward streaming. Iger had said earlier this year that networks such as ABC may not be "core" to Disney going forward.
Persons: Bob Iger, Aly, Walt Disney, Iger, Bob Chapek, Zaheer Kachwala, Lisa Richwine, Maju Samuel, Cynthia Osterman Organizations: Shanghai Disney Resort, REUTERS, ABC, New York Times Dealbook Conference, Shanghai, Disney, New York Stock Exchange, Thomson Locations: Shanghai, China, Bengaluru, Los Angeles
☆ Disney will soon own all of Hulu. Here's how the company got here and what's next.
  + stars: | 2023-11-11 | by ( Lucia Moses | ) www.businessinsider.com   time to read: +10 min
Disney has offered to pay Comcast $8.6 billion to take full control of Hulu. Disney is already in the process of rolling out a unified app that'll make Hulu's general entertainment content available in Disney+ . "With Hulu firmly in the Disney fold, they can create their own mini-bundle with kids and family (Disney +), general entertainment (Hulu), and sports (ESPN). The valuation also has to take into account that Hulu contains an entire Disney basic cable network, FX on Hulu. Netflix is set to spend $17 billion on entertainment content in 2024, while Disney is poised to spend $15 billion.
Persons: Bob Iger's, —, Bob Iger, Hulu —, what's, Comcast's NBCUniversal, pare, he's, Jonathan Miller, Brian Roberts, there's, Bernstein, Laurent Yoon, Read, Jordan Helman, Max, Puck, Disney, Bernstein's Yoon Organizations: Disney, Comcast, Hulu, Service, YouTube, News, Century Fox, Marvel, Netflix, Integrated Media, ESPN, ABC, LightShed Partners, Warner Bros, Wall, Paramount Global, Paramount, Showtime, HBO Max, Macquarie Equity Research, Media, Disney Disney, Hollywood Locations: Disney, Hulu, Canada, India, Hollywood
☆ The NBA is shooting for a new media rights deal worth up to $60 billion, nearly triple its previous pact, that will pay teams and players millions more
  + stars: | 2023-10-27 | by ( James Faris | Margaret Fleming | ) www.businessinsider.com   time to read: +11 min
Media analysts widely expect the league to select at least three distributors for its next media rights deal after the current setup expires in 2025. Comcast's NBCUniversal could be a frontrunner for a spot in the NBA's new media deal alongside Amazon, Nispel said. NBA players could be poised to earn sky-high paydaysThe NBA's last media deal — the $24 billion contract it struck in 2014 — was nearly triple the value of its previous pact. The pressure is now on the NBA to deliver a media deal that satisfies teams, athletes, and fans. Still, Macquarie media analyst Tim Nollen is optimistic about the size of the NBA's next media rights deal.
Persons: Jessica Reif Ehrlich, disruptors, Brandon Nispel, Nispel, —, Shirin Malkani, who's, Perkins, Leron Rogers, that's, Mark Patricof, Tim Nollen, Nollen, Reif Ehrlich, Ehrlich Organizations: NBA, Media, ESPN, Warner Bros, TNT, Disney, Apple, NBC, Comcast, Wall Street, Bank of America, NFL, MLB, NHL, KeyBanc Capital, Amazon, Flagship, ABC, Prime, Industry, Patricof, Macquarie, Diamond Sports
☆ Here's what we think about the big time buyout interest in Disney's ABC
  + stars: | 2023-09-15 | by ( Jeff Marks | ) www.cnbc.com   time to read: +2 min
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said the affected Bronco plant at Ford (F) is a blow but not as big as it could have been had F-150 facilities been targeted. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Stocks, Ford, Bob Iger's, Byron Allen, Jim Cramer's, Jim Organizations: CNBC, Federal Reserve, United Auto Workers, Detroit, Bronco, Ford, Bank of America, Disney, ABC, Nexstar, Bloomberg Locations: U.S
☆ Disney holds preliminary talks with Nexstar on ABC sale -sources
  + stars: | 2023-09-14 | by ( Dawn Chmielewski | ) www.reuters.com   time to read: +1 min
Sept 14 (Reuters) - Walt Disney Co (DIS.N) has held exploratory discussions about selling its U.S. TV network ABC to regional TV station operator Nexstar Media Group Inc (NXST.O), people familiar with the matter said on Thursday. Nexstar's interest is preliminary and may not lead to any deal, one of the sources said. Nexstar and Disney did not immediately respond to requests for comment. Disney's ABC comprises a national television network and eight regional stations. It also has affiliation agreements with about 240 local television stations reaching almost all U.S. television households.
Persons: Bob Iger, Michael Eisner, Dawan Chmielewski, Akash Sriram, Josie Kao Organizations: Walt Disney Co, U.S ., ABC, TV, Nexstar Media Group Inc, Disney, Nexstar, Bloomberg News, Capital Cities, Thomson Locations: Los Angeles, Bengaluru
☆ Bryan Cranston calls out Bob Iger at striking actors' rally
  + stars: | 2023-07-25 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Mike SegarNEW YORK, July 25 (Reuters) - Emmy-winning "Breaking Bad" actor Bryan Cranston rallied a crowd of striking Hollywood actors on Tuesday with comments directed at Walt Disney Co (DIS.N) Chief Executive Bob Iger. Iger angered members of the SAG-AFTRA actors union this month by saying their demands for a labor contract with higher pay and limits on use of artificial intelligence were "unreasonable." At a rally in Times Square in New York near Disney's ABC News studio, Cranston said the actors had "a message for Mr. The actors' union has asked for a requirement that studios obtain consent to use a star's digital image, among other protections. "We will not have you take away our right to work and earn a decent living," Cranston said in his remarks directed at Iger.
Persons: Bryan Cranston, Steve Buscemi, Brendan Fraser, F, Murray Abraham, Jill Hennessy, Mike Segar, Bob Iger, Iger, Cranston, Lisa Richwine, Jonathan Oatis Organizations: SAG, Times, REUTERS, Walt Disney Co, Disney's ABC, Hollywood, Alliance, Television Producers, Disney, Netflix Inc, Thomson Locations: Manhattan, New York City , New York, U.S, New York, Disney's, Hollywood, Iger
☆ Disney layoffs are expected to hit ABC News this week, sources say, with scores of roles to be eliminated following cuts from TV, engineering, and metaverse teams
  + stars: | 2023-03-29 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com   time to read: +5 min
Cuts at Disney's ABC News are coming before the end of the week, according to sources. Disney firings are expected to affect its ABC News division this week, according to two company insiders familiar with the situation. TV production and acquisition execs at Hulu, Freeform, and 20th Television were also impacted, according to a report in Deadline. Leaders will be communicating the news directly to the first group of impacted employees over the next four days. I want to thank each of you again for all your many achievements here at The Walt Disney Company.
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