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Search resuls for: "Walt Disney Co's"


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☆ Warner Bros Discovery rolls out first HBO Max price hike in U.S.
  + stars: | 2023-01-12 | by ( ) www.reuters.com   time to read: +1 min
Jan 12 (Reuters) - Warner Bros Discovery Inc (WBD.O) is raising HBO Max's ad-free subscription fee in the United States for the first time since the streaming service was launched in 2020, the TV network said on Thursday, sending its shares down 3%. HBO Max, which also has an ad-supported tier, faces pressure from slowing user growth and tight competition from larger rivals Netflix Inc (NFLX.O) and Walt Disney Co's (DIS.N) Disney+. Netflix and Disney had also raised prices for some of their streaming services last year. Warner Bros Discovery, formed last year by the merger of AT&T Inc's (T.N) WarnerMedia unit and Discovery Inc, is pushing for internal changes including plans to combine HBO Max and Discovery+. It also made both HBO Max and Discovery+ available on Amazon.com Inc's (AMZN.O) Prime Video platform in select markets.
☆ Disney asks employees to work from office four days a week - CNBC
  + stars: | 2023-01-09 | by ( ) www.reuters.com   time to read: +1 min
Jan 9 (Reuters) - Walt Disney Co's (DIS.N) top boss Bob Iger told employees to return to corporate offices four days a week starting March 1, CNBC reported on Monday, citing an email. The entertainment giant did not immediately respond to a Reuters request for comment. The pandemic prompted companies across the world to turn to work-from-home or hybrid work models to prevent the spread of the virus. However, with the rise of vaccinations and fall in severe cases that require hospitalization, Disney's move mirrors other companies like Snap (SNAP.N), Tesla (TSLA.O) and Uber (UBER.N) in asking employees to return to office. read moreReporting by Eva Mathews in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
☆ At CES 2023, Sony's 'Gran Turismo' flags new entertainment strategy
  + stars: | 2023-01-04 | by ( Dawn Chmielewski | ) www.reuters.com   time to read: +6 min
It also represents a significant bridging of the divides between Sony Pictures Entertainment, Sony PlayStation and Sony Music, according to a dozen current and former senior executives interviewed by Reuters. “I defined our identity as a creative entertainment company with a solid foundation on technology,” Sony chief executive Kenichiro Yoshida said. Sony’s “creative entertainment” company approach extends beyond content. A Sony-Honda electric vehicle, scheduled to reach consumers by 2026, is being framed as a rolling showcase of Sony’s entertainment, gaming and camera sensor prowess. This August will bring another test of Sony’s strategy when “Gran Turismo” hits theaters after languishing for 12 years.
☆ At Disney, Iger confronts succession problem he helped create
  + stars: | 2022-11-22 | by ( Dawn Chmielewski Helen Coster | Dawn Chmielewski | Helen Coster | ) www.reuters.com   time to read: +6 min
[1/3] FILEPHOTO: 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. In his 15 years as Disney chief executive, Iger postponed his retirement four times, sidelining would-be successors. read more Part of his mandate, according to Disney, is to work with the board to develop a successor to lead the company. Chapek was among a shortlist of internal candidates vying for Iger's job, according to a source familiar with discussions. Another seen as a top contender was Kevin Mayer, Disney's longtime head of strategic planning who had shepherded the successful launch of Disney+, according to sources.
☆ Disney's Bob Iger returns to lead post-pandemic revamp
  + stars: | 2022-11-21 | by ( ) www.reuters.com   time to read: +1 min
Nov 21 (Reuters) - Bob Iger is returning as Walt Disney Co's (DIS.N) chief executive officer in a bid to restore confidence in the entertainment giant and chart a faster path to profitability for its streaming business. He replaces Bob Chapek, who took charge in February 2020 just before the COVID-19 crisis hit and under whose reign the company's stock has lost about a third of its value. In 2021, he was involved in a tussle with Scarlett Johansson, star of Marvel's "Black Widow" film, over Disney's move to simultaneously release the movie in theaters and online. Disney said on Monday that Iger is "uniquely situated to lead the company through this pivotal period." Here is a timeline on his career at the company:Reporting by Akash Sriram, Chavi Mehta and Vansh Agarwal in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
☆ Comedian Jimmy Kimmel to return as Oscars host in 2023
  + stars: | 2022-11-07 | by ( Rami Ayyub | ) www.reuters.com   time to read: +2 min
Nov 7 (Reuters) - Late-night talk show host Jimmy Kimmel will host the 2023 Oscars ceremony, organizers said on Monday, choosing a veteran emcee for Hollywood's most prestigious showcase a year after actor Will Smith upended the event by slapping presenter Chris Rock. But video of Smith slapping Rock's face on stage after the comedian made a joke about the actor's wife was shared widely on social media and dominated news headlines for days. "Being invited to host the Oscars for a third time is either a great honor or a trap," Kimmel said in a statement. "Jimmy is the perfect host to help us recognize the incredible artists and films of our 95th Oscars," Academy CEO Bill Kramer and Academy President Janet Yang said in a statement. He is banned from attending the Oscars for 10 years, but is still eligible to be nominated and win.
☆ Women lead Wakanda through turmoil in 'Black Panther' sequel
  + stars: | 2022-11-07 | by ( Lisa Richwine | ) www.reuters.com   time to read: +3 min
LOS ANGELES, Nov 7 (Reuters) - At the start of the follow-up to 2018's groundbreaking Marvel movie "Black Panther," the kingdom of Wakanda is reeling. The beloved King T'Challa dies at the opening of "Black Panther: Wakanda Forever," a script change made after actor Chadwick Boseman passed away from cancer in 2020 just before the sequel was due to start filming. "T'Challa surrounded himself with powerful women," actor Letitia Wright said in an interview ahead of the movie's global rollout that starts on Wednesday. "We see these women in this film step into another level of leadership, together." "Black Panther" broke ground as the first superhero movie with a predominantly Black cast.
☆ Bad Bunny dominates American Music Award nominations
  + stars: | 2022-10-13 | by ( Lisa Richwine | ) www.reuters.com   time to read: +2 min
Bad Bunny performs during his World's Hottest Tour at SoFi Stadium in Inglewood, California, U.S., September 30, 2022. Bad Bunny received a total of eight AMA nominations and will compete for artist of the year against British singers Adele and Harry Styles and Canadian musician The Weeknd. Bad Bunny's other nods included favorite male pop artist, favorite music video and favorite touring artist. If Bad Bunny wins all eight awards he is eligible for, he would tie 1980s superstars Michael Jackson and Whitney Houston for the most AMA wins in a single year. In country music categories, Chris Stapleton, Luke Combs and Morgan Wallen are among the nominees for favorite male country artist.
☆ Factbox: U.S. companies brace for Hurricane Ian
  + stars: | 2022-09-28 | by ( ) www.reuters.com   time to read: +5 min
Sept 28 (Reuters) - Hurricane Ian is set to make landfall in Florida on Wednesday, pushing residents to empty grocery shelves, board up windows and rush to evacuation shelters. Since then, it has been working to redeploy offshore personnel after determining Hurricane Ian no longer posed a significant threat to its assets. NextEra Energy Inc's (NEE.N) Florida Power & Light Co, the largest utility in the state, deployed nearly 16,000 workers from 27 states to restore power. A spokesperson said the company was monitoring the hurricane and making adjustments to operations to keep warehouse staff and drivers safe. CRUISE OPERATORSWalt Disney Co's Disney Cruise Line on Tuesday canceled its Disney Wish ship that was to set sail from Florida on Friday.
☆ Lions Gate focusing on spinning off studio business over Starz
  + stars: | 2022-09-28 | by ( ) www.reuters.com   time to read: +1 min
Actors and staff pose as they arrive for the world premiere of "The Hunger Games: Mockingjay - Part 2" in Berlin, Germany, November 4, 2015. REUTERS/Fabrizio BenschSept 28 (Reuters) - Lions Gate Entertainment Corp (LGFa.N) said on Wednesday it was focusing on spinning off its studio business first, even as it explores alternative options for its cable and streaming division, Starz. The company's film and TV studios have an extensive library, with hits such as "Hunger Games, "The Expendables" and "Mad Men". "As negotiations progress, we have increased our focus on the possibility of spinning our studio business, creating a number of financial and strategic benefits." Lionsgate also announced it would rebrand its international streaming service, Starzplay, to Lionsgate+ in 35 countries.
☆ Factbox: U.S. companies gird themselves as Hurricane Ian makes landfall
  + stars: | 2022-09-28 | by ( ) www.reuters.com   time to read: +6 min
Sept 28 (Reuters) - Hurricane Ian makes landfall in Florida with Category 4 fury on Wednesday, pushing residents to empty grocery shelves, board up windows and rush to evacuation shelters. Since then, it has been working to redeploy offshore personnel after determining Hurricane Ian no longer posed a significant threat to its assets. A spokesperson said the company was monitoring the hurricane and making adjustments to operations to keep warehouse staff and drivers safe. Costco Wholesale Corp closed nine stores located in Florida due to an impact of Hurricane Ian. CRUISE OPERATORSWalt Disney Co's Disney Cruise Line on Tuesday canceled its Disney Wish ship that was to set sail from Florida on Friday.
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