WORLD SCREEN
Revenues, Profit Slip at Disney
The Walt Disney Company's fourth-quarter revenues fell by 3 percent to $12.8 billion, with profit down slightly at $1.7 billion.
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Disney Strikes New SVOD Deal
The Walt Disney Company is launching branded channels on the iflix SVOD platform.
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Disney Posts Lower Quarterly Profits, Unveils New Streaming Plans
The Walt Disney Company, which saw its net income slip 9 percent in its third fiscal quarter to $2.37 billion, is planning to introduce new OTT services for ESPN and the Disney brand, effectively ending its distribution agreement with Netflix for subscription streaming of new releases.
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Disney’s Q2 Profit Up 11 Percent
The Walt Disney Company has reported an 11-percent jump in profit in its second fiscal quarter, with strong gains in its studio and theme park divisions.
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Bob Iger Extends Contract at Disney to July 2019
BURBANK: Bob Iger has extended his contract as The Walt Disney Company's chairman and CEO to July 2, 2019.
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ESPN Costs Weigh Down Disney Q1 Revenue
BURBANK: The Walt Disney Company's revenue for the first quarter slipped 3 percent to $14.8 billion, with a decline in profit at ESPN impacting results in the cable networks segment.
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Disney Profits Impacted by Drop in Ad Sales
BURBANK: The Walt Disney Company posted higher second-quarter earnings, despite feeling an impact from lower ad revenues at ESPN and A&E.
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Saban, Disney Invest in Playbuzz
NEW YORK: Playbuzz, an online creation platform for quizzes, games, video and other content, has raised $15 million in new funding, led by Saban Ventures with participation from The Walt Disney Company.
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Disney Posts Record Quarterly Earnings
BURBANK: The Walt Disney Company reported record quarterly earnings of $2.9 billion for its first fiscal quarter, thanks in part to the global success of Star Wars: The Force Awakens.
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