DIRS.INFO The most relevant business & tech news

☆ What we're looking for when Disney posts quarterly earnings on Tuesday morning
▼ + stars: | 2024-05-06 | by ( Morgan Chittum | ) 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. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. 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, Howard Schultz, Howard, Jim, Walt, Jim Cramer's Organizations: CNBC, Dow, Nasdaq, Federal, Starbucks, Management, Walt Disney, Deutsche Bank, Loop Capital, Disney

☆ A Disney earnings trade more likely to make money than just buying call options outright
▼ + stars: | 2024-05-06 | by ( Michael Khouw | ) www.cnbc.com time to read: +3 min

We'll take a deeper dive into what options traders are betting on in Disney and propose an alternative with a higher probability for a profit. Disney (DIS) traded above average call volume on Friday, with calls outpacing puts by nearly two-to-one. While that is higher than the long-term average earnings-related move, Disney has been quite volatile in recent quarters. Buyers of those calls are betting Disney will rally at least 6.75% by the end of the week. An investor who is willing to take more risk in exchange for a higher probability of profit might instead consider a diagonal call spread.

Persons: outpacing, Julie Biel Organizations: Disney, DIS, week's Locations: Disney

☆ Earnings will drive the market next week — what we expect from 2 portfolio stocks
▼ + stars: | 2024-05-04 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to more gains looks a lot less cluttered. This past week was chock full of Club earnings: 12 portfolio companies, including Apple , delivered results. Analysts expect Wynn's earnings per share of $1.27 versus 29 cents a year ago when China was not fully back from Covid. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jerome Powell, we're, Jim Cramer, Jim, Apple, Eli Lilly, Estee Lauder, Stanley Black, Decker, Bausch, FactSet, It's, Bob Iger, Iger, Nelson Peltz, We're, Krystal, Berkshire Hathaway, Tyson, Jones Lang, Walt, Ferrari N.V, WK Kellogg, Wynn, Vishay, CRON, MARA, RICK, Ginkgo, Jim Cramer's, David Paul Morris Organizations: Federal Reserve, Apple, GE Healthcare, DuPont, Linde, Bausch Health, Coterra Energy, Club, Disney, Wynn Resorts, CNBC, Revenue, Vegas Sands, Cotai, Boston, Airlines, Krystal Biotech, Alpha Metallurgical Resources, Axsome Therapeutics, Tyson Foods, TSN, Bowlero Corp, CNA Financial Corp, CNA, Jones Lang LaSalle Incorporated, Technologies, Realty Income Corp, Lab, Teradata Corp, Technology, FMC Corporation, FMC, Paymentus Holdings, Shockwave, Vertex Pharmaceuticals, Goodyear Tire & Rubber Company, Simon Property Group, Sterling Construction Company, Apple Hospitality, Boise Cascade Corporation, BellRing Brands, Coty, COTY, Fidelity National Information Services Inc, Vornado Realty, Walt Disney Co, Holdings, Madrigal Pharmaceuticals, Nikola Corporation, BP, Rockwell Automation, MarketAxess Holdings, Jumia Technologies, GEO Group, Builders FirstSource Inc, Duke Energy Corp, WYNN, Rivian Automotive, Arista Networks, Occidental Petroleum Corp, Astera Labs, Bros, Flywire Corporation, B2Gold Corp, Kinross Gold Corp, Virgin Galactic Holdings, iRobot Corp, Electronic Arts Inc, McKesson Corp, ACM Research, Avadel Pharmaceuticals, Toyota Motor Corp, Emerson Electric Co, Perion, Editas, Brink's Company, Sinclair Corporation, New Fortress Energy, Starwood Property Trust, Animal Health, ELAN, Farms, IM Cannabis Corp, Fox Corporation, Formula One, Icahn Enterprises, Teva Pharmaceutical Industries, Arm Holdings plc, ARM, AMC Entertainment Holdings, Trade, AppLovin Corporation, Sciences Corp, SolarEdge Technologies, Roblox Corporation, GigaCloud Technology Inc, Warner Bros ., Properties Trust, Growers, Constellation Energy Group, Cronos, Fiverr, Solar Inc, EPAM Systems, Cedar Fair Entertainment, Digital Holdings, RCI Hospitality Holdings, Akamai Technologies, Semiconductor, Insulet Corp, NuScale Power Corporation, Ginkgo Bioworks Holdings, Bloom Energy Corporation, Construction, AMC Networks, CRH Public Ltd . Company, Jim Cramer's Charitable, Allen, Co . Media, Technology Conference, Bloomberg, Getty Locations: China, Eaton, Amazon, Covid, Macao, Vegas, Sun Valley , Idaho

☆ Disney just named 2 new top execs to advise on strategy and M&A as it considers its future: Read the memo
▼ + stars: | 2024-05-01 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Disney has appointed two senior executives to oversee corporate strategy as it considers the future of its linear business and contends with streaming losses. Veteran Disney exec Justin Warbrooke, meanwhile, was named EVP and head of corporate development, overseeing M&A as well as divestitures, among other areas. Mayer was Disney's EVP of corporate strategy and business development before going on to run strategy and the DTC and international businesses. As such, we are evolving the Corporate Strategy function to better align with this vision, which includes two leadership roles — one focused on Corporate Strategy and another focused on Corporate Development — both reporting directly to me. In addition to strategy, Andre has advised clients on the topics of operations, organization, customer journey design, and M&A.

Persons: Disney, Nelson Peltz, It's, Bob Iger, Bain, Andre James, Justin Warbrooke, James, Marvel, Hugh Johnston, Kevin Mayer, Mayer, Iger, Tom Staggs, —, Andre, Justin, Hugh Organizations: ESPN, Business, Veteran Disney, Coopers, Lybrand's, DTC, Century Fox, Disney, Media, Walt Disney Company, Corporate, Strategy, Development, of Media, Entertainment, Bain & Company, Consumer, Marvel, Reliance, Fox, Warner Bros . Discovery, Finance Locations: Hulu, India

☆ Presenting the star of this year's TV upfronts: Retailers
▼ + stars: | 2024-05-01 | by ( Lara O'Reilly | Lucia Moses | ) www.businessinsider.com time to read: +5 min

Usually, at the US TV upfronts — the annual event where the networks showcase their best upcoming programming in the hopes of securing big advertising commitments — the celebrities are the stars of the show. With more money being spent, advertisers are paying closer attention to what data they can use to inform their TV ad buys and prove that TV is powering their sales. It found that taking advantage of a media company's unique upfront data offerings, including retail data, was a top reason for advertisers to buy linear TV or connected TV in the upfronts, cited by 37%. US retail media CTV ad spend will increase by 86.6% this year to reach $4.19 billion, according to Emarketer. And Walmart's recent deal to acquire the TV manufacturer Vizio reflects the growing trend of retail media's convergence with TV advertising.

Persons: Eric Haggstrom, Dave Morgan, Andrea Montano, there's, NBCU, Mark Marshall, Marshall Organizations: Hollywood, Business, Amazon, TV, CTV, Kroger, Walmart, Netflix Locations: New York

☆ Disney World now has a Michelin-star restaurant
▼ + stars: | 2024-04-30 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Disney's Victoria & Albert's restaurant just earned the company its first Michelin star. It's the first time a US theme park restaurant has achieved the culinary honor, Disney said. Victoria & Albert's pre-fixe menu starts at $295 per person. Disney World is probably best known for its viral and eclectic assortment of park food. But now, the park's Victoria & Albert's restaurant — which it calls its "culinary crown jewel" — has earned a coveted Michelin star, denoting greatness in the restaurant industry.

Persons: Disney, — Organizations: Michelin, Albert's, Service, Disney, Business Locations: Victoria

☆ The live-action 'Lion King' prequel 'Mufasa' will star both Beyoncé and Blue Ivy — here's everything we know
▼ + stars: | 2024-04-29 | by ( Kirsten Acuna | Palmer Haasch | ) www.businessinsider.com time to read: +6 min

Disney's live-action "The Lion King" remake is getting a prequel in 2024 called "Mufasa: The Lion King." AdvertisementDisney's prequel to its "The Lion King" remake, "Mufasa: The Lion King," has finally gotten its first trailer — and as luck would have it, this film stars Beyoncé too. Here's everything we know about "Mufasa: The Lion King." Timon and Pumbaa are seen in 2019's "The Lion King." "Mufasa: The Lion King" serves as an origin story for Simba's father.

Persons: Disney's, King, Oscar, Barry Jenkins, Disney, Ivy, —, Beyoncé, Jon Favreau's, Simba, Sean Bailey, Jenkins, Mufasa, Rafiki, hasn't, Scar, Mufasa's, Chiwetel Ejiofor, Aaron Pierre, James Earl Jones, Tiffany Boone, Kelvin Harrison Jr, Taka, Mads Mikkelsen, Kiros, Nala, Simba's, Blue Ivy, Pumbaa, Seth Rogen, Billy Eichner, Donald Glover, John Kani, he's, Walt, Timon Organizations: Service, Disney, Walt Disney Studios, Pride Rock Locations: Pride

☆ I've stayed at every Disney World hotel — these 5 are actually worth every penny
▼ + stars: | 2024-04-28 | by ( Megan Dubois | ) www.businessinsider.com time to read: +1 min

I've stayed at every hotel at Disney World, and some are worth the extra cost on vacation. I love Pop Century Resort for its cheaper rooms, and it's easy to get to two of the four parks. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementI've been going to Disney World for almost 30 years, and in that time, I've been lucky enough to stay at every single hotel the company has to offer. A typical trip to Disney World for a family of four can cost nearly $7,000, so it's tempting to cut corners by staying off-property.

Persons: I've, — Organizations: Disney, Marriott, Service

☆ Disney technology executive Aaron LaBerge to leave company for personal reasons
▼ + stars: | 2024-04-22 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

The Walt Disney company logo is displayed on the floor of the New York Stock Exchange during morning trading on Dec. 1, 2023. Aaron LaBerge, the chief technology officer for Disney Entertainment and ESPN, is leaving the company, according to an internal memo. LaBerge is leaving for personal reasons related to his family and will stay on at Disney until June, the memo said. At ESPN, LaBerge has been a central figure behind the company's streaming services, including ESPN+, the upcoming sports streaming application co-owned by Disney, Warner Bros. They include former CEO Bob Chapek, former head of streaming Kevin Mayer, ex-finance chief Christine McCarthy, former Walt Disney Studios Chairman Alan Horn, former Disney general counsel Alan Braverman, ex-head of communications Zenia Mucha, and former president of Walt Disney Pictures, Sean Bailey.

Persons: Aaron LaBerge, LaBerge, He'll, He's, Bob Chapek, Kevin Mayer, Christine McCarthy, Alan Horn, Alan Braverman, Zenia Mucha, Sean Bailey, Aaron, Jimmy Pitaro, Dana Walden, Alan Bergman, Chris Lawson, Paul Allen Organizations: Walt Disney, New York Stock Exchange, Disney Entertainment, ESPN, PENN Entertainment, ESPN Bet, Disney, Hulu, Warner Bros . Discovery, Fox, Walt Disney Studios, Walt Disney Pictures, ESPN BET, Company, Starwave

☆ Verizon reports fewer quarterly subscriber losses on flexible plan demand
▼ + stars: | 2024-04-22 | by ( ) www.cnbc.com time to read: +2 min

It lost 68,000 monthly bill-paying wireless phone subscribers between January and March - a seasonally soft period for the industry after the holiday quarter. Verizon has also partnered with streaming services to attract customers. Verizon's consumer business saw its best first-quarter performance since 2018, with 158,000 wireless retail postpaid phone net losses, compared with 263,000 losses a year ago. The firm reported revenue of $33 billion for the quarter, compared with an LSEG estimate of $33.24 billion, as phone upgrade levels continued to drift lower. Excluding items, the company reported a profit of $1.15 per share, beating an LSEG estimate of $1.12 per share.

Persons: Max, Hans Vestberg, Verizon's Organizations: Verizon Communications, Netflix, Warner Bros, The, Verizon Locations: The New York

☆ A disabled woman planned a 'once-in-a-lifetime' trip to Disney World. Then the park changed its disability policy.
▼ + stars: | 2024-04-22 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +7 min

Read previewSavannah spent nine weeks and thousands of dollars planning her family's trip to Walt Disney World. AdvertisementMinnie Mouse at Walt Disney World. Disney's new disability policyThe bombshell: Disney announced earlier this month that it would revise its Disability Access Service policy. The Washington Post/Getty ImagesThe Disneyland and Disney World websites include information for individuals with disabilities across different categories, including mobility. However, the policy changes — scheduled to go into effect the first day of their Disney vacation — have upended everything.

Persons: —, Minnie Mouse, Savannah —, Savannah, She's, Disney, there's, Bob Iger —, Joe Burbank, I've Organizations: Service, Savannah, Walt Disney, Disney, Business, Walt Disney World, Anadolu, Getty, Fox Business, The Washington Post, Disneyland, Washington Post, Services, Orlando Sentinel, Tribune, Getty Images Savannah, Universal Locations: Savannah, Indiana, California, Florida

☆ I visited Dollywood's sister theme park in the Ozark mountains. The hidden gem's attractions and food were just as good as Disney's.
▼ + stars: | 2024-04-22 | by ( Carly Caramanna | ) www.businessinsider.com time to read: +7 min

Read previewOne of my favorite hidden-gem theme parks is Silver Dollar City, nestled in the Ozark Mountains in Branson, Missouri. Both are owned by Herschend Family Entertainment, though Silver Dollar City opened first in 1960. I've visited theme parks all over the world and this now ranks as one of my favorites. There are also unique attractions at Silver Dollar City that I haven't experienced anywhere else — Grandfather's Mansion was one of my favorites. The food is fantastic and uniqueCarly CaramannaI'm a big foodie — especially at theme parks — and I was happy this park's eats lived up to the hype.

Persons: —, It's, I've, Carly Caramanna, I'd, Carly Caramanna It's, Carly Caramanna Grandfather's, that's, Carly Caramanna I'm, Delilah's, Dickens, Carol, An, Ward, She's, Dolly Parton's Organizations: Service, Dollar, Herschend Family Entertainment, Dollar City, Disney, Business, Silver Dollar, Marvel Locations: Ozark, Branson , Missouri, touristy, Branson there's

☆ I stayed at Disney World's most expensive hotel that costs $900 a night. Here's what it was like and why it was worth every penny.
▼ + stars: | 2024-04-18 | by ( Jenna Clark | ) www.businessinsider.com time to read: +1 min

I stayed at Disney's Grand Floridian Resort & Spa, where rooms cost $900 a night on average. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I was very excited to reserve a stay at Disney's Grand Floridian Resort & Spa. I booked a one-night stay in a standard room that typically costs about $900 a night. But the resort also has larger suites and villas that range over $4,000 a night.

Persons: I'd, Mary Poppins, — Organizations: Floridian, Magic Kingdom, Disney, Service Locations: Magic

☆ NBA's exclusive TV rights negotiating window with ESPN, Warner expected to pass without a deal
▼ + stars: | 2024-04-18 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. The National Basketball Association's exclusive media rights negotiating window with current partners Disney and Warner Bros. While no agreement is expected to be announced by the deadline, Disney and Warner Bros. Warner Bros. Discovery's TBS began airing NBA games in 1984, and TNT has shown NBA games since 1988.

Persons: LeBron James Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Crypto.com Arena, Disney, Warner Bros, Apple, YouTube, Comcast, Netflix, CNBC, Discovery, TBS, TNT, ESPN, ABC, Fox Locations: Los Angeles

☆ Amazon is hiring dozens for Prime Video as it does battle in the streaming wars. Here's what each job pays, including one that pays up to $350,000.
▼ + stars: | 2024-04-16 | by ( Lucia Moses | ) www.businessinsider.com time to read: 1 min

Amazon is still spending big and hiring as it seeks its place in the streaming wars. Most of the hires are in product and tech as it tries to grow viewership and advertising. It's paying base salaries that can go as high as $350,000. Amazon's Prime Video is a frontrunner in the streaming wars, where only a few players will likely survive. Prime Video has consistently ranked high in terms of monthly view time, a crucial metric for advertisers, after YouTube and Netflix and neck and neck with Disney's Hulu, according to Nielsen.

Persons: Disney's Organizations: Amazon's, YouTube, Netflix, Disney's Hulu, Nielsen, Amazon, Business

☆ I worked at Disney World for over 3 years. Here are answers to 8 questions guests are too embarrassed to ask.
▼ + stars: | 2024-04-15 | by ( Sofía Olivar | ) www.businessinsider.com time to read: 1 min

Do you have any tips for visiting Universal Studios? I love the Wizarding World of Harry Potter at Universal. Solarisys/ShutterstockA lot of people think that because Universal Studios is Disney's "competition," they can't ask park employees about it. When I worked at Coronado Springs Resort, I often asked guests about their days when I saw them return to the hotel with Universal Studios bags. As a big "Harry Potter" fan, I enjoy talking about those parks as much as Disney.

Persons: Harry Potter Organizations: Universal Studios, Universal, Disney Locations: Coronado Springs

☆ I only book a Disney cruise if it's going to the company's private island, Castaway Cay
▼ + stars: | 2024-04-13 | by ( Megan Dubois | ) www.businessinsider.com time to read: +4 min

Read previewCruise bookings are predicted to reach record highs this year, but not all itineraries are created equally — especially if you're looking to sail with Disney Cruise Line. When I book, I always make sure Disney's private island in the Bahamas, Castaway Cay, is on the port of call. AdvertisementCharacters usually meet in the morning from around 9 a.m. until 11 a.m., but exact times can always be found on the Disney Cruise Line app. AdvertisementAnd, before I head back to the ship, I stop at the Castaway Cay post office to send postcards back home. Megan duBoisThe postcards I use can be found in the desk drawer of Disney Cruise Line staterooms, and are free to take.

Persons: —, I've, Megan duBois, Megan duBois Castaway, it's, Mickey, Mickey Mouse, Minnie Mouse, Megan duBois There's Organizations: Service, Disney Cruise, Disney, Business Locations: Bahamas, Castaway, Megan duBois Castaway Cay, Disney

☆ Disney says it will now issue lifetime bans to guests who lie about having disabilities at its theme parks
▼ + stars: | 2024-04-13 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

The updates address who can use Disability Access Services, among other changes. Disability services have become the most requested service at the Florida and California parks, according to The Washington Post. MediaNews Group/Orange County Register via Getty ImagesChanges to the company's Disability Access Service arrived on the official Walt Disney World and Disneyland websites this week. Joseph Prezioso/Anadolu Agency/Getty ImagesThe new policies will begin at Walt Disney World on May 20 and June 18 at Disneyland. Representatives for Walt Disney World and Disneyland did not immediately respond to a request for comment from Business Insider.

Persons: —, Disney, Joseph Prezioso, Dennis Speigel, Speigel, Stacey Crane Organizations: Disney, Service, Business, The Washington Post, MediaNews, Orange, Getty, Walt Disney, Fox Business, Anadolu Agency, Walt Disney World, Disneyland . Representatives, Park Services, NBC, WESH, Washington Post Locations: Florida, California, Orlando

Morgan Stanley raised its price target on Ford after the company reassessed its electric vehicle strategy. That "paints path to ~$230-$290 stock price as we argue AMZN could warrant an even higher multiple in this scenario," he added. — Michelle Fox 7:38 a.m.: Evercore hikes Disney price target, points out near-term catalysts Walt Disney has a bright near-term outlook, according to Evercore ISI. In addition to cutting his price target, Harned also pulled down his outlook for free cash flow and deliveries. — Alex Harring 5:48 a.m.: KeyBanc raises Nvidia price target There's no slowing down Nvidia , according to KeyBanc.

Persons: Morgan Stanley, KeyBanc, Brian Nowak, Jon Tower, — Michelle Fox, Walt Disney, Vijay Jayant's, Jayant, Bob Iger, — Lisa Kailai Han, David Palmer, Palmer, Uber, — Alex Harring, Bernstein, Douglas Harned, Harned, Dave Calhoun, Alex Harring, Anthony Chukumba, Chukumba, selloff, Ross Seymore, Seymore, TD Cowen, Doug Anmuth, Anmuth, there's, John Blackledge, Blackledge, Jason Bazinet, Bazinet, There's, Goldman, Goldman Sachs, Kate McShane, McShane, BJ, Mark Strouse, Strouse, Adam Jonas, Jonas, Ford, John Vinh, Vinh, Fred Imbert Organizations: CNBC, Monday's, Ford, Nvidia, Amazon, Citi Citi, Grill, ISI, Disney, India's Reliance Industries, Reliance Industries, Netflix, Hulu, Boeing, Dow Jones, Capital, Loop Capital, Deutsche Bank, Broadcom, VMWare, JPMorgan, Citi, BJ's Wholesale, GE, GE Vernova Locations: Michigan, Alaska, F1Q, California, The Massachusetts, Friday's, China

☆ Disney's parks are its top money maker — and it plans to spend $60 billion to keep it that way
▼ + stars: | 2024-04-07 | by ( Sarah Whitten | ) www.cnbc.com time to read: +12 min

It had been more than a year since the Covid pandemic had forced Disney's domestic parks to shutter, but D'Amaro, chair of Disney's experiences division, was confident guests would flood back in when the gates reopened. Revenues fell 35% in 2020, a nearly $10 billion decrease from the $26.2 billion the experiences division had tallied in the year before the pandemic. The experiences division posted record revenue of $32.5 billion in fiscal 2023, a 16% increase from the prior year. Its innovations, from ride mechanics and animatronics to creature design and immersive architecture, have made Disney's parks a standout in the industry. Storytelling is at the heart of everything across Disney's experiences division.

Persons: Mickey Mouse, Ian Langsdon, Josh D'Amaro, D'Amaro, Bob Chapek, D'Amaro —, Walt Disney, King Arthur Carousel, Christian Thompson, you've, it's, Bob Iger, Nelson, Walt Disney Imagineering, Rey, Kylo Ren, Judy Hopps, Imagineers, CNBC —, Lewis, Disney, Imagineering, Matt Stroshane, Alan Bergman Organizations: Paris, Afp, Getty, Gibson, Disney, Walt Disney Imagineering, Hong Kong Disneyland, Walt Disney, Guardians, Magic Kingdom, Epcot, Star Wars, California Disneyland's, Walt Disney Imagineering's, Disney Engineers, Force, Southwest, CNBC, Galactic, Marvel Locations: California, Burbank, Disneyland, Hong Kong, Shanghai Disneyland, Florida, Epcot, Magic, Wharf, Disneyland's, Disney's, Edge

☆ 'Mandalorian & Grogu,' 'Toy Story 5,' and another 'Tron' coming to theaters from Disney
▼ + stars: | 2024-04-05 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

The Mandalorian and the Child (Grogu) on Disney+'s "The Mandalorian." The Walt Disney Company on Friday revealed its new theatrical schedule, which will feature a film about the Mandalorian and Grogu, a fifth "Toy Story" film, and another "Tron" flick before the end of 2026. The company's theatrical business has struggled in the wake of pandemic shutdowns and dual Hollywood labor strikes, as productions stalled and moviegoers' box-office habits shifted. Disney teased that one of its 2026 Star Wars films would feature the iconic duo from its Disney+ series "The Mandalorian" and revealed its title will be "The Mandalorian & Grogu." A fifth "Toy Story" film is set to hit theaters on June 19, 2026, and "Tron: Ares" is slated for Oct. 10, 2025.

Persons: Disney, Bob Iger, He's, Iger, Oscar, Rami Malek, Amy Adams Organizations: Disney, Walt Disney Company, Marvel

☆ Nelson Peltz might have scored $300 million after losing the Disney proxy war. But it was still a waste of time, expert says
▼ + stars: | 2024-04-05 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Read previewThe proxy war between Disney and billionaire activist investor Nelson Peltz is over. According to The Wall Street Journal, Peltz's hedge fund Trian Partners may have profited about $300 million by waging a 16-month proxy battle against Disney, citing anonymous sources familiar with the matter. AdvertisementLast February, Bloomberg reported that Peltz made about $154 million in paper profit after buying 9.4 million shares of Disney. After all, Peltz waged two separate proxy battles against Disney in less than two years. AdvertisementWhen asked about the outcome of Peltz's proxy war, IAC chairman and billionaire Barry Diller told CNBC's Squawk Box on Thursday that the battle was a "grand waste of time" and questioned the value of Petlz's activist campaign.

Persons: —, Nelson Peltz, Bob Iger, Iger, Peltz …, Peltz, Trian, James Park, Barry Diller, CNBC's Organizations: Service, Disney, Wall Street, Business, Bloomberg, The, University of California, IAC, Trian Partners Locations: Los Angeles

☆ The U.S. economy is really becoming the envy of the world, says Centerview Partners’ Blair Effron
▼ + stars: | 2024-04-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. economy is really becoming the envy of the world, says Centerview Partners’ Blair EffronBlair Effron, Centerview Partners co-founder, joins 'Squawk Box' to discuss the Disney's proxy battle win, Paramount's merger discussions, state of the economy, the Fed's interest rate outlook, and more.

Persons: ’ Blair Effron Blair Effron Organizations: Centerview Partners

☆ Bob Iger reveals when Disney's password-sharing crackdown will go into full effect
▼ + stars: | 2024-04-04 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

After announcing Disney's plan to crack down on password-sharing in February, CEO Bob Iger finally set the date in a CNBC interview on Thursday. AdvertisementThe new password-sharing terms started getting introduced to existing accounts on March 14, but new subscribers have been subject to the password-sharing rules since January 25. AdvertisementIn addition to cracking down on password-sharing, Iger said Disney plans to make a number of improvements to increase engagement and cut down on marketing costs. Eventually, the company hopes to reach double-digit margins in streaming, Iger said. "Netflix is the gold standard in streaming," Iger said.

Persons: Iger, —, Bob Iger, we'll, Disney, Max Organizations: Disney, Service, CNBC, Netflix, Hulu Locations: Feburary

☆ Disney beat back activist investor Nelson Peltz. Now the real work begins
▼ + stars: | 2024-04-04 | by ( Alex Sherman | ) www.cnbc.com time to read: +8 min

That would mark a milestone for the company, which launched Disney+ on Nov. 12, 2019. It would be the first time Disney showed it can make money from Disney+, Hulu and ESPN+. Disney will need to sustain and grow streaming profit to justify Iger's five-year-old strategy to go "all in" on the segment. Disney has already offered ESPN+, a sports streaming service that has some but not all of ESPN's content. Trian Partners' Nelson Peltz, who failed to join Disney's board Wednesday after securing just 31% of the vote, publicly questioned what he has called Disney's "woke" content strategy.

Persons: Bob Iger, Sun Valley , Idaho David A, Iger, Disney, they've, Cowen, Doug Creutz, Needham, Laura Martin, Gabby Jones, David Greenbaum, Sean Bailey, Alan Bergman, Indiana Jones, Nelson Peltz, Peltz, shouldn't, Bob Chapek, He'll, Bergman, Jimmy Pitaro, Josh D'Amaro, Dana Walden, They've, Cowen's, you've, That's, it's, — CNBC's Sarah Whitten, Needman's Martin Organizations: Disney, Allen & Company Sun Valley Conference, Grogan, CNBC Disney, Disney Disney, Hulu, ESPN, Co, Warner Bros . Discovery, Fox, CNBC, Athletic, Bloomberg, Getty, Marvel, Star Wars, Searchlight, Walt Disney Motion, Disney Entertainment, Century Fox, Sony, Disney's Marvel Studios, Trian Partners, Financial Times, Resorts, Iger Locations: Sun Valley , Idaho, Brooklyn , New York, Iger, Parks, Disney

Search resuls for: "Disney's"

25 mentions found