Articles for Business Disney

‘Politics is bad for business.’ Why Disney’s Bob Iger is trying to avoid hot buttons
2 weeks, 3 days ago

‘Politics is bad for business.’ Why Disney’s Bob Iger is trying to avoid hot buttons

LA Times  

Disney’s chief executive emphasizes the company’s commitment to being “entertainment-first” during political challenges. In a statement, Disney said it recognized “many parents would prefer to discuss certain subjects with their children on their own terms and timeline.” And Iger signed off on the settlement of a high-profile defamation lawsuit brought last spring by President-elect Donald Trump, amid howls from journalists …

Florida Political Trump Case Company Republican Public
Disney gives investors years to cheer about
1 month, 3 weeks ago

Disney gives investors years to cheer about

CNN  

New York CNN — Disney did something extraordinary Thursday, giving investors a rare three-year financial outlook, even at a time of economic uncertainty. Net income shot up 74% in the quarter to $460 million, or 25 cents a share, bring its full fiscal year earnings in just shy of $5 billion. It said it expects adjusted EPS for the new …

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Disney merges India media business with Reliance venture in $8.5-billion deal
10 months, 1 week ago

Disney merges India media business with Reliance venture in $8.5-billion deal

LA Times  

The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange. After weathering significant streaming losses, Walt Disney Co. is combining its India business with a venture owned by top local conglomerate Reliance Industries. “India is the world’s most populous market, and we are excited for the opportunities that this joint venture will …

Indian Disney Deal Joint Venture Media Business Streaming Media
Disney cancels plan to move 2,000 workers to Florida amid DeSantis fight
1 year, 7 months ago

Disney cancels plan to move 2,000 workers to Florida amid DeSantis fight

LA Times  

Guests visit the Magic Kingdom at Disney World in Florida. Ron DeSantis’ hand-selected board that seeks to invalidate the entertainment company’s development contracts for the land that is home to Walt Disney World. Disney recently sued DeSantis for what it called a “campaign of government retaliation” to strip the company of its special privileges in the district that encompasses Walt …

Business Florida Board Disney California Company Republican
The top 10 Hollywood fiascoes that defined 2022 for the entertainment business
2 years ago

The top 10 Hollywood fiascoes that defined 2022 for the entertainment business

LA Times  

Welcome to the Wide Shot, a newsletter about the business of entertainment. Send me your box office predictions for “Avatar: The Way of Water.” As business activity slows to the speed of cold gravy, let’s look back on the biggest controversies and blow-ups of 2022. Neil Young vs. Joe Rogan The “Heart of Gold” rocker’s protest against and Spotify over …

Business Netflix Disney Hollywood Movie Covid Warner
Google veteran Sajith Sivanandan appointed head of Disney+ Hotstar
2 years, 4 months ago

Google veteran Sajith Sivanandan appointed head of Disney+ Hotstar

Hindustan Times  

India’s leading streaming service, Disney's International Content and Operations has appointed Sajith Sivanandan as its executive vice-president and head of Disney+ Hotstar. Sivanandan, who formerly worked for Google, will begin his new post at Disney+ Hotstar in October, with a dual reporting line to Rebecca Campbell and K Madhavan, president, of Disney Star. Read | Adani Group to acquire 29% …

Business India Disney Sajith Hotstar Sivanandan Google Veteran