BREAKING: Disney, Charter Communications Reach Carriage Agreement

Disney and Charter Communications have reached a deal that will see ESPN and all other Disney-owned channels return to Spectrum broadcasting. CNBC’s David Faber first shared word of an impending on the September 11 edition of CNBC’s “Squawk Box,” with both Disney and Charter confirming the deal Monday morning. Disney, Charter Communications Nearing Deal The … Read more

Charter Communications Sued by Spectrum Customer Over Disney Channels Blackout

A Florida Spectrum customer has sued Spectrum’s parent company, Charter Communications, after a disagreement between the company and Disney led to a blackout of ESPN, ABC, and other Disney channels on Labor Day weekend. Charter Communications Sued “Spectrum pulled the plug on college football and then blamed Mickey Mouse,” reads the class action lawsuit filed … Read more

Losses Shrink & Savings Target of $5.5 Billion Exceeded in $22.3 Billion Third Quarter 2023 for The Walt Disney Company

According to Deadline and official reports from The Walt Disney Company, a mixed third quarter for 2023 has seen some success, reduced losses, and a few disappointments overall. The Walt Disney Company Third Quarter 2023 Direct-to-consumer losses shrank while Parks and Resorts revenue rose compared with the previous quarter. While Disneyland Resort and Walt Disney … Read more

Direct-to-Consumer Losses Lessen, Overall Disney+ Subscriber Count Drops While Core Members Rise 1% in Third Quarter 2023

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Direct-to-consumer revenues have increased by 9 percent while the operating loss has almost broken even in the third quarter of 2023. Disney+ subscribers have dropped to 146.1 million, below the 154.8 million goal, though core members of the service rose by 1 percent. Disney+ and Direct-to-Consumer Revenues in Q3 2023 In the company’s Q3 2023 … Read more

New Report Suggests Apple Takeover of Disney is Possible

A recent article from The Hollywood Reporter has breathed new life into the longstanding rumor of a potential Apple acquisition of The Walt Disney Company. The August 9 article by Kim Masters and Alex Weprin proposes that the company’s recent effort to trim down their extensive television offerings could pave the way toward an eventual … Read more

BREAKING: CEO Bob Iger Considering Selling Streaming Services and Other Assets, May Even Try to Sell Entire Disney Company

The Walt Disney Company’s CEO Bob Iger is looking to sell some of the company’s TV and streaming assets, and may even be considering selling the entire company. Bloomberg reported on the potential sales, referencing Iger’s now infamous “Squawk Box” interview. The interview conducted by David Faber was held at a media conference in Sun … Read more

Disney Reportedly Interested in Purchasing WWE Broadcast Rights

World Wrestling Entertainment, Inc.’s (WWE) exclusive negotiating window with current partners Fox and Comcast has expired, meaning the company can officially open up talks with Disney and others looking to acquire their TV broadcasting rights. Last year, Disney and WWE made a deal for the WWE Network to stream exclusively on Disney+ Hotstar in Indonesia. … Read more

Disney TV Studios Marketing Dissolved, Freeform & ABC Executives Among Those Let Go in Second Round of Disney Layoffs

The second round of The Walt Disney Company’s 7,000 layoffs has begun and, as previously reported, is mostly impacting the entertainment division. Disney expects to reach 4,000 total layoffs by Thursday this week, cutting 15% of the entertainment division. Disney Television Studios Marketing Dissolved The Disney TV Studios’ marketing department is being dissolved. The various … Read more

Disney CEO Bob Iger Thinks Sports Betting is ‘Inevitable’ Future of Business

Bob Iger

It seems CEO of The Walt Disney Company Bob Iger agrees somewhat with his predecessor, Bob Chapek, on one thing: sports betting. During today’s Morgan Stanley Technology, Media and Telecom Conference, Iger spoke about betting, stating that he thinks it is the future of the sports business, although he’s more reluctant to dive into it. … Read more

Walt Disney World Hosting Largest-Ever HBCU Week

Mickey Mouse in a drum major uniform for HBCU celebrations

For the first time, HBCU Week will be held at Walt Disney World Resort this year. The event celebrates historically black colleges and universities, with a mission to encourage high school youth to enroll in HBCUs, provide scholarship dollars for matriculation, and sustain a pipeline for employment from undergraduate school to corporate America. HBCU Week … Read more