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☆ The pressure just got stronger for Bob Iger to carve up Disney
▼ + stars: | 2023-10-09 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

This means pressure is on for CEO Bob Iger to turn the company's stock around. AdvertisementAdvertisementThe pressure knob for Bob Iger just got turned a little higher. AdvertisementAdvertisement"We wish the very best to Bob, this management team, and the board," Peltz said on CNBC at the time. Since Disney's stock price peaked for the year in February at about $113 per share, it's fallen more than 25% to about $84 per share. AdvertisementAdvertisementABC and Disney's other linear networks, like FX and The Disney Channel, could be among the first to go.

Persons: Nelson Peltz, Bob Iger, —, Iger's, Peltz, Peltz's, he's, Peltz hasn't, Iger, Dan Ives, Apple hasn't, what's, Peter Csathy Organizations: Disney, ABC, ESPN, Service, Fund Management, Street Journal, CNBC, FX, Sun, Apple, Wedbush Securities

[1/2] SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line during their ongoing strike outside Warner Bros. The SAG-AFTRA agreement covering video game performers expired last November and has been extended on a monthly basis as the union negotiated with major video game companies. As earnings climbed, video game company staff beyond the performers covered by SAG-AFTRA have been unionizing for the first time this year. In July, Sega workers formed the largest multi-department video game union in the United States, after Microsoft's video game testers formed their first U.S. labor union in January. For video game performers, the union is also calling for more safety measures for motion capture performers, who wear markers or sensors on the skin or a body suit to help game makers create characters' movements.

Persons: Mario Anzuoni, Cissy Jones, Jones, Delilah, AFTRA, Audrey Cooling, Ashly Burch, Danielle Broadway, Donna Bryson Organizations: Writers Guild of America, Warner Bros ., REUTERS, Campo Santo, SAG, Hollywood, Guild of America, PlayStation, Sony, Sega, Disney, Activision, EA, Epic Games, Thomson Locations: Burbank , California, U.S, United States

☆ Meet the Black students who were instrumental in developing the first Covid-19 shots
▼ + stars: | 2023-09-15 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +10 min

Among about two dozen scientists in Graham’s lab were three young students: Olubukola Abiona, Geoffrey Hutchinson and Cynthia Ziwawo. What the world didn’t know at the time was that those three students — Abiona, Hutchinson and Ziwawo — were doing the foundational work for those vaccines to eventually save lives. Geoffrey Hutchinson served in the Peace Corps and taught chemistry to high school students in Mozambique. The fruits of Abiona, Hutchinson and Ziwawo’s labor were evident this week as the United States began to roll out updated versions of the Moderna and Pfizer/BioNTech Covid-19 vaccines. Abiona, Hutchinson and Ziwawo all confirmed Wednesday that although they haven’t made their appointments yet, they plan to get the updated shots.

Persons: Barney Graham’s, Olubukola Abiona, Geoffrey Hutchinson, Cynthia Ziwawo, “, Graham, ‘, ’ ”, Hutchinson, ”, ” Ziwawo, Anthony Fauci, — Abiona, Ziwawo —, Ziwawo, Kizzmekia Corbett, ” Corbett, David Satcher, he’s, Valerie Montgomery Rice, “ They’re, Abiona, Hannah Montana, Austin Steele, CNN Abiona, BioNTech, “ It’s, Dr, Sanjay Gupta Organizations: CNN, Vaccine Research, National Institutes of Health, University of Washington, “, Vaccine Research Center, National Institute of Allergy, Diseases, Moderna, Morehouse School of Medicine, David Satcher Global Health Equity Institute, Association of American Medical Colleges, NIH, Disney, David Satcher Global Health Equity Summit, KPMG LLP, Indiana University School of Medicine, Case Western Reserve University, Peace Corps, United States, Pfizer, CNN Health, FDA, Food and Drug Administration, US Centers for Disease Control Locations: China, Bethesda , Maryland, Ziwawo, United States, Atlanta, Graham’s, Nigeria, Mozambique, Abiona, United

☆ Disney starts drafting broadcast TV’s grand finale
▼ + stars: | 2023-09-14 | by ( Jennifer Saba | ) www.reuters.com time to read: +9 min

It was pretty much the only way to watch “Gunsmoke” or “Howdy Doody” until cable networks arrived in force in the 1980s, bundled together for a monthly subscription fee. For Disney, ABC represented a watershed moment. Look deeper and the big broadcasters attracted only one in five viewers, while one in three watched cable networks. The TV group, excluding cable networks such as Fox News, generated an EBITDA margin of nearly 12% for the year ending June 30. Assume any deal includes cable networks such as Disney Channel and National Geographic.

Persons: Walt Disney, Bob Iger, ”, Howdy Doody, Fox, Rupert Murdoch, Michael Eisner, Iger, what’s, “ Abbott, Singer, Morgan Stanley, Disney’s, they’re, reckons Morgan Stanley, Jeffrey Goldfarb, Sharon Lam, Aditya Sriwatsav, Oliver Taslic Organizations: Reuters, Magic Kingdom, ABC, Disney, ESPN, Charter Communications, American Broadcasting Company, NBC, CBS, Capital Cities, RJR Nabisco, Paramount Global, Comcast, Warner Bros Discovery, Fox, Paramount, National Football League, NFL, Reuters Graphics Reuters, Bloomberg, Apple, Nielsen, BET, Wall Street Journal, Charter, U.S . Federal Communications Commission, Local, Disney Channel, Geographic, Apollo Global Management, TPG, Walt Disney, Thomson Locations: U.S, United States

☆ Disney, Charter reach distribution deal ahead of 'Monday Night Football'
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +2 min

Rival media companies Warner Bros Discovery (WBD.O) and Paramount Global (PARA.O) gained 2.3% and 2%, respectively. That deprived nearly 15 million Spectrum video subscribers of access to the U.S. Open tennis tournament, college football and other programming. Charter pays Disney more than $2.2 billion annually for the right to distribute the media giant's channels to subscribers. Companies like Charter say rising distribution fees are forcing cable companies to increase prices, causing consumers to leave. It wants to keep as many cable subscribers as possible while it prepares to offer ESPN directly to consumers on an app.

Persons: Brendan McDermid, Walt Disney, Robert Iger, Chris Winfrey, Akash Sriram, Maju Samuel Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Charter Communications, ESPN, NFL, Disney, Warner Bros Discovery, Paramount Global, ABC, U.S, Buffalo Bills, New York Jets, Charter, Companies, NBA, Thomson Locations: New York, U.S, New York City, Los Angeles, Bengaluru

NEW YORK (AP) — Hours before the fall's first “Monday Night Football” game, Disney and Charter Communications have settled a business dispute that had left some 15 million cable TV customers without ESPN and other Disney channels. Disney said that because of the deal, the majority of its ESPN customers would have service restored to Charter's Spectrum cable system right away. Charter confirmed the deal Monday. It comes before the New York Jets and Buffalo Bills were to debut their season on ESPN and ESPN2. It's the first game for the Jets with Aaron Rodgers as quarterback, and many Spectrum customers are in the New York area.

Persons: Aaron Rodgers Organizations: Disney, Charter Communications, ESPN, Charter, New York Jets, Buffalo Bills, ESPN2, Jets, Associated Press Locations: New York

☆ Disney and Charter reach deal to end cable blackout, expand access to streaming services
▼ + stars: | 2023-09-11 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Hours ahead of "Monday Night Football," which airs on Disney's ESPN, the companies reached a deal that would allow millions of Charter cable customers to watch the game. Terms of the deal are said to include a discounted wholesale price for subscribers for Disney streaming services, and an increase in marketplace, or subscriber fees, paid to Disney, CNBC's David Faber reported, citing sources. The highly anticipated ESPN streaming service will be made available to Spectrum TV Select subscribers when it launches. At the time of the blackout, Charter had about 14.7 million customers. Hours after the blackout began, Charter executives held an investor call pushing for a revamped deal with Disney that would give Spectrum pay-TV customers free access to Disney's ad-supported streaming apps Disney+, ESPN+ and Hulu.

Persons: CNBC's David Faber, ESPN — Organizations: Charter Communications, Disney, ESPN, Warner Bros . Discovery, Paramount Global, FX, Disney Channel, YouTube, U.S ., ESPN — Disney, Hulu, NFL, Monday Night, Charter Locations: Hulu

☆ Charter-Disney cable TV dispute leaves some NFL, U.S. Open fans in the dark
▼ + stars: | 2023-09-09 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +3 min

ESPN and other Disney channels disappeared from Charter's Spectrum cable service on Aug. 31, as contract negotiations reached an impasse. Disney announced this spring that Monday Night Football games would be carried on both ESPN and its ABC Network. That means Spectrum cable subscribers who live in markets with a local ABC TV affiliate not owned by Disney, including Buffalo, New York, will be able to watch Monday's NFL match-up broadcast. Some 25 million cable subscribers have cut the cord, industry-wide, over the last five years, as rising prices for content translate to higher fees for subscribers, contributing to the exodus. Disney, for its part, announced a discount for its Hulu + Live TV service, which will provide access to the U.S. Open, college football and NFL games.

Persons: Brendan McDermid, Walt Disney, Coco Gauff, Aryna Sabalenka, Aaron Rodgers, That's, Kris Shofner, Shofner, Dawn Chmielewski, Leslie Adler Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Charter Communications, Football, ESPN, Disney, Charter's, U.S, Buffalo Bills, New York Jets, ABC, ABC TV, NFL, US, NBA, Spectrum, Hulu, U.S ., Thomson Locations: New York, U.S, Los Angeles, Buffalo , New York, New York City

A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSept 7 (Reuters) - Charter Communications (CHTR.O) Chief Executive Chris Winfrey said he has a sense of urgency to resolve a distribution dispute with Walt Disney (DIS.N), in remarks on Thursday at a tech conference in San Francisco. Charter is locked in a distribution battle with Disney as the second-largest U.S. cable company negotiates with the media conglomerate over how much its channels are worth and how to package them. Such "carriage disputes" are commonplace in the media world, though this negotiation may shape the future of television in the streaming era. Disney issued a statement saying it “stands ready” to resolve the carriage dispute, and “do what’s in the best interests” of Charter’s customers.

Persons: Brendan McDermid, Chris Winfrey, Walt Disney, “, ” Winfrey, Goldman Sachs, Winfrey, ” Disney, Scott Robson, Robson, Dawn Chmielewski, Akash Sriram, Sriraj Kalluvila, Tomasz Janowski Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Charter Communications, Disney, Technology, ESPN, ABC, Charter's, U.S, NFL, P Global Market Intelligence, Thomson Locations: New York, U.S, San Francisco, Los Angeles, Bengaluru

While such "carriage disputes" are commonplace in the media world, with TV channels going dark as cable companies negotiate with media companies over how much its channels are worth and how to package channels, this fight is different. Companies like Charter say rising distribution fees are forcing cable companies to increase prices, causing consumers to leave. The nation’s second-largest cable operator said viewership for Disney’s sports, entertainment and children’s programming has declined as the media conglomerate invested in its Disney+ streaming service. Disney is trying to manage declining cable subscribers as it builds streaming offerings. It wants to keep as many cable subscribers as possible while it prepares to offer ESPN directly to consumers on an app.

Persons: Dado Ruvic, Walt Disney, Christopher Winfrey, We’re, Winfrey, “, SVB, Disney, Rich Greenfield, Dawn Chmielewski, Lisa Richwine, Josie Kao Organizations: REUTERS, Charter Communications, ESPN, ABC, Disney, Charter's, U.S, Media, Charter, FX, Los Angeles . Companies, NFL, NBA, Hulu, Thomson Locations: United States, New York, Los Angeles

MIAMI (AP) — Joe Jonas filed for divorce from Sophie Turner on Tuesday after four years of marriage and two children. The 34-year-old Jonas Brothers singer filed to end his marriage with the 27-year-old star of “Game of Thrones” and “X-Men” actor in Florida's Miami-Dade County Court. Turner and Jonas married in a secretive ceremony at a Las Vegas wedding chapel on May 1, 2019, after the Billboard Music Awards. Representatives for Jonas and Turner did not immediately respond to requests for comment. The Arizona-born Jonas came to fame with brothers Nick and Kevin in a band starting in 2005 and subsequent Disney Channel series.

Persons: — Joe Jonas, Sophie Turner, Jonas Brothers, Turner, Jonas, Dan, Shay, Willa, Sansa Stark, ”, Jean Grey, Nick, Kevin Organizations: MIAMI, Dade, Dade County Court, Billboard, Disney Locations: Florida's Miami, Dade County, Vegas, Northampton, England, The Arizona

☆ Bob Iger's latest headache is Disney's battle with 'cable cowboy' John Malone
▼ + stars: | 2023-09-03 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Disney's Bob Iger is going head-to-head with "cable cowboy" John Malone in a tussle about payments. AdvertisementAdvertisementWriters and actors are on strike, his streaming platform is losing buckets of cash, and now Disney CEO Bob Iger has another headache to contend with — a battle with the "cable cowboy" John Malone. Advertisement Advertisement Watch: I quit cable for DirecTV Now and it's saving me over $1,000 a year — here's how I did itThe cable operator claims the demands are unrealistic amid "significant viewership declines" across Disney's channels. ESPN has been one of the few cable channels to swim against the tide and even managed to increase its audience by 12% last year, per Nielsen data viewed by the Los Angeles Times . AdvertisementAdvertisementCharter has threatened to permanently bar all Disney's channels from its service but Iger is not backing down either.

Persons: Bob Iger, John Malone, Iger, —, Disney, Malone, There's, didn't Organizations: Charter Communications, Disney, Morning, Communications, DirecTV, FX, ESPN, US, New York Times, Nielsen, Los Angeles Times, NY Times, Disney Channel, Charter

☆ Why Charter and Disney Are Fighting, and What It Means for Viewers
▼ + stars: | 2023-09-02 | by ( Benjamin Mullin | More About Benjamin Mullin | ) www.nytimes.com time to read: +3 min

On its surface, the quarrel is about how much Disney can charge Charter for its content, and how much Charter’s customers will pay for access to Disney’s streaming apps. Charter is positioning the blackout of Disney’s channels, including ESPN, as a fight over the future of TV. Disney has said it has “proposed creative ways to make Disney’s direct-to-consumer services available to their Spectrum TV subscribers.”How has Disney responded? Until Disney and Charter reach an agreement, the company’s TV channels, including ESPN, will be dark for the 15 million people who subscribe to Charter’s Spectrum service. There’s a chance that with Disney’s channels on Spectrum going dark, Charter’s customers might just cancel their subscriptions and opt for alternatives.

Persons: Disney, “, There’s Organizations: Disney, Media, ESPN, Spectrum, ABC, Charter, U.S, Disney Channel, YouTube, U.S . Locations: Disney’s

☆ Disney channels like ESPN dropped from Charter Spectrum in ongoing dispute
▼ + stars: | 2023-09-01 | by ( Michael Nam | ) edition.cnn.com time to read: +2 min

New York CNN —Fans of sports and other Disney offerings are going to have to do without on one of the nation’s largest cable providers. Disney pulled its programming from Charter Spectrum on Thursday night, even as the Disney-owned ESPN networks were covering major live sporting events such as the US Open and college football. Amid a broken “video ecosystem,” Charter Communications said, “Disney — so far — has insisted on a traditional long-term deal with higher rates and limited packaging flexibility,” in a presentation provided before an investor webcast. “Disney declined our proposal and pulled its video channels from Charter’s video customers on August 31,” it added. 1 men’s tennis player Carlos Alcaraz and Lloyd Harris in the second round of the US Open on ESPN.

Persons: “, Disney, We’re, Carlos Alcaraz, Lloyd Harris, “ We’re Organizations: New, New York CNN, Disney, ESPN, US, Communications, “ Disney, Disney Entertainment, University of Florida, University of Utah, “, YouTube Locations: New York

☆ Miley Cyrus reflects on her 2008 Vanity Fair cover controversy
▼ + stars: | 2023-08-31 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —Miley Cyrus is reflecting on the backlash she received for a 2008 Vanity Fair cover in which she was photographed draped in a sheet. Famed photographer Annie Leibovitz captured the images, which also included photos of Cyrus with her father, Billy Ray Cyrus. “My little sister Noah [Cyrus] was sitting on Annie’s lap and actually pushing the button of the camera taking the pictures,” Cyrus said. “My family was on set and this was the first time I ever wore red lipstick.”Following controversy over the images, both Leibovitz and Cyrus issued statements. “But, really, really brilliant choices looking back now from those people.”

Persons: Miley Cyrus, Cyrus, “, Annie Leibovitz, Billy Ray Cyrus, ” Cyrus, Miley, ” Leibovitz, “ Miley, Hannah Montana ”, ” Organizations: CNN, Disney Channel

Hulu + Live TV is among the best live TV streaming services you can sign up for. Hulu + Live TV pricing and plansWhat channels come with Hulu + Live TV? Though the service includes most popular cable stations, there is one notable exception: Hulu + Live TV does not support AMC. You can now access Hulu + Live TV through the Hulu app or website with your account. All Hulu + Live TV memberships include Disney Plus and ESPN Plus as part of a subscription.

Persons: Hulu, Nick Español, Ted Soqui, you'll Organizations: Hulu, Disney Plus, ESPN, Service, ESPN Plus, Disney, ABC, CBS, Fox, NBC, FX, CNN, Cartoon Network, Disney Channel, Bravo, Paramount Network, Food Network, AMC, Showtime, Cinemax, Starz, Channel BET, Boomerang, MTV2 MTV, Familia ESPN Deportes Fox Deportes, HGTV NBC, Racing, NFL, Outdoor Channel Locations: Wall, Silicon

☆ Disney's future, a hot topic among Hollywood elite
▼ + stars: | 2023-08-14 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +5 min

[1/2] Executive Chairman of the Walt Disney Company, Bob Iger arrives at the world premiere for the film 'The King's Man' at Leicester Square in London, Britain December 6, 2021. REUTERS/Hannah McKay/File PhotoAug 14 (Reuters) - Hollywood's favorite parlor game of the week: What will Bob Iger do next? Another veteran media executive predicted Disney would spin off the television asset to its shareholders as a separate, publicly traded company by 2024, with private equity potentially playing a role. "You sell the parts, then sell what's left," said the veteran. Reporting by Dawn Chmielewski in Los Angeles; Editing by Kenneth Li and Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Bob Iger, Hannah McKay, Walt Disney, Iger, Jeff Bewkes, what's, It's, Laura Martin, Dawn Chmielewski, Kenneth Li, Richard Chang Organizations: Walt Disney Company, Leicester Square, REUTERS, U.S ., Walt, CNBC, Reuters, ESPN, Disney, ABC, Disney Channel, NBA, Comcast, Hulu, Time Warner, Google, Facebook, Apple, Netflix, MGM, Needham, Thomson Locations: London, Britain, Culver City, New York City, U.S, Hulu, Hollywood, Los Angeles

☆ Bob Iger is supposed to save Disney. It’s not going according to plan
▼ + stars: | 2023-08-09 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

“In some ways, the challenges are greater than I anticipated,” Iger told CNBC in a revealing interview last month. But under Iger 2.0, Disney has cultivated even more headaches for itself, including a morale crisis sparked by one surprisingly candid interview with CNBC on July 13. Naturally, the comments set off alarms within Disney General Entertainment Content, the division that operates Disney’s broadcast and cable networks. A few days after the Faber interview, Iger tried to smooth things over at an off-site meeting with senior managers. But Disney appears to be all-in on the boss, even though the sequel almost never lives up to the original.

Persons: Bob Iger, Dad ”, It’s, ” Iger, won’t, Mary Poppins, Iger, David Faber, Disney’s, David Paul Morris, Faber, CNN’s Oliver Darcy, can’t, Bob Chapek, Weeks, Chapek, Disney Organizations: New, New York CNN, Disney, CNBC, Hollywood, Rivals Comcast, Warner Bros ., Sun, ESPN, ABC, Disney Channel, Geographic, Allen & Co Media, Technology Conference, Bloomberg, Getty, Disney General Entertainment, Lucasfilm, Marvel Entertainment, Pixar Studios Locations: New York, Idaho, Sun Valley , Idaho

☆ Bob Iger moves to calm Disney staff after sparking ‘high anxiety’ over potential sale of TV assets
▼ + stars: | 2023-07-18 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

CNN —Bob Iger is seeking to reassure an anxious arm of Disney’s business. In an off-site meeting on Tuesday, the Disney chief executive spoke to senior leaders of the company’s television businesses, CNN has learned. And it comes as no surprise that Iger believes the content produced by the television production teams holds incredible value. The important question is — and always has been — whether the linear television businesses are crucial to Disney, particularly as Iger positions the company for the future. It’s great to say that the jewel is fun,” the Disney insider said.

Persons: Bob Iger, Iger, CNBC’s David Faber, shockwaves, Faber, “, ” Iger, —, ”, Iger’s Organizations: CNN, Disney, Entertainment, Magic, ABC, Disney Channel, Geographic, FX, Employees, ABC News

☆ 5 OnlyFans creators trying make the jump to a mainstream influencer career explain how they land brand deals and navigate social platforms
▼ + stars: | 2023-07-12 | by ( Nhari Djan | ) www.businessinsider.com time to read: +7 min

OnlyFans creator Jenna Foxx, who's been in the adult-entertainment industry since 2017, created a new social-media identity to attract potential deals and partnerships. For OnlyFans creators who want to break into the mainstream, brand deals are key. "Some creators can't turn off the adult side, so that's kind of sticky for mainstream brands." Chloe said even brands selling sex toys or lingerie can be reticent to work with OnlyFans creators. It makes it even harder for them to get the attention of mainstream brands.

Persons: It's, Jenna Foxx, who's, Foxx, Hannah, Miley Cyrus, OnlyFans, Harper Wilde, Chloe Sasha, —, she's, Chloe, they'd, Taylor Gunner, I've, Justine Jakobs, influencer Justine Jakobs, Rae Richmond, Richmond, Gunner, she'd Organizations: Disney Channel, Spanish, Twitter, Marine Locations: Hannah Montana

☆ To make the jump from OnlyFans to a mainstream influencer career, some creators have to live a double life: 'It's my Hannah Montana lifestyle'
▼ + stars: | 2023-07-10 | by ( Nhari Djan | ) www.businessinsider.com time to read: +7 min

☆ How audio startup PodCo is cashing in on Disney and Nickelodeon nostalgia with podcasts hosted by the stars of shows like 'Wizards of Waverly Place'
▼ + stars: | 2023-06-15 | by ( Reed Alexander | ) www.businessinsider.com time to read: +10 min

PodCo produces podcasts themed around Nickelodeon and Disney Channel shows from the past two decades. Since their debut, several PodCo shows have ranked among the top 10 television and film podcasts on platforms like Spotify and Apple Podcasts, according to Chartable. Along with the hosts, other big-name alums have made appearances on PodCo shows, which are also recorded on video and viewable on YouTube. So when he heard Carlson Romano and Rooney's idea, he leapt at the chance to bring the show back in a new form. Some have written to him personally to say the "Ned's" podcast is leaving them feeling less isolated in their own lives, he added.

Persons: Stevens, Christy Carlson Romano, Brendan Rooney, Kim, Ned Bigby, Harper Finkle, PodCo, Rooney, Krystal Eve, Carlson Romano, Ren Stevens, Jenna Fischer, Angela Kinsey, Selena Gomez, Jennifer Stone, David DeLuise, Stone, Lee Citron, Stone —, California —, —, it's, wouldn't, Alyson Stoner, Zack, Cody, Devon Werkheiser, Werkheiser, Scott Simock, PodCo's, Reed Alexander Organizations: Nickelodeon, Disney Channel, Wizards, Marine Corps, Columbia University, American Film Institute, Apple, PodCo, Edison Research, Triton, Intelligence, Disney, Paramount, Netflix, YouTube, Social, Spotify Locations: Waverly, Hollywood, NBC's, California, TikTok, Texas

☆ Inside PodCo, the startup cashing in on Nickelodeon and Disney nostalgia, drawing hundreds of thousands of listeners, and scoring brand deals with stars of shows like 'Wizards of Waverly Place'
▼ + stars: | 2023-05-18 | by ( Reed Alexander | ) www.businessinsider.com time to read: +10 min

"Even Stevens" star Christy Carlson Romano and her husband, Brendan Rooney, founded the startup. Since their debut, several PodCo shows have ranked among the top 10 television and film podcasts on platforms like Apple Podcasts, according to Chartable. Along with the hosts, other big-name alums have made appearances on PodCo shows, which are also recorded on video and viewable on YouTube. So when he heard Carlson Romano and Rooney's idea, he leapt at the chance to bring the show back in a new form. Some have written into him personally to say the "Ned's" podcast is leaving them feeling less isolated in their own lives, he added.

☆ Disney’s Losses From Streaming Narrowed in the Last Quarter
▼ + stars: | 2023-05-10 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

To understand the forces that have been roiling the biggest media companies, look no further than Disney’s earnings. Disney said on Wednesday that losses in its streaming business for the most recent quarter totaled $659 million, an improvement from a year earlier (and a vast improvement from the October-to-December period, when losses totaled $1.1 billion). Streaming revenue climbed 12 percent, reflecting a sharp increase in revenue per paid Disney+ subscriber, a metric investors watch closely. Disney’s linear networks (ESPN, Disney Channel, ABC, National Geographic, FX) reported $1.8 billion in operating income, down 35 percent from a year earlier. Operating profit in the company’s Parks, Experiences and Products division climbed 22 percent, to $2.2 billion, as Disney resorts in Shanghai and Hong Kong finally began to recover from the pandemic.

☆ Disney's revenue is on the rise, giving CEO Bob Iger a victory lap amid legal battle with Florida's Ron DeSantis
▼ + stars: | 2023-05-10 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +5 min

Disney announced its fiscal second quarter earnings, with 13% revenue growth in the three months ending April 1. The results come as CEO Bob Iger reorganizes the company and pursues a legal battle with Florida Gov. Walt Disney Co. reported $21.79 billion in second quarter revenue, which topped Wall Street expectations for the period and marked 13% growth for the three months through April 1, the company said. The company noted decreases in advertising revenue at non-sports channels including both ABC network and A&E cable channels. Still, Disney's direct-to-consumer unit grew revenue by 12% in the second quarter to $5.5 billion while its operating losses decreased.

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