Tag: Disney
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Disney is Facing An Investor Uprising Again
A long-time Disney investor is signaling that he wants more control over the direction of the media company. Activist investor Nelson Peltz is seeking board seats after upping his already significant stake in Disney, according to the Wall Street Journal. This is the second time this year that the co-founder of Trian Fund sought to…
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Nexstar Says the Disney-Charter Deal is a Win for Broadcast TV
You can count Nexstar as a fan of the distribution agreement struck between Disney and Charter, which ended a two week-blackout of stations like ESPN, select local ABC stations and other Disney-owned cable channels. The deal, which was announced last month, shook a few of the pay-TV norms up, including bundling Disney+ for some customers…
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Star Wars is Coming to More Cable Networks
Star Wars has long been exploring the galaxies, and now, the franchise is venturing out onto more broadcast networks. Disney sealed a new deal with Turner Networks, owned by Warner Bros. Discovery, to bring all eleven films to more places than ever. This new multi-year deal will bring the franchise to more of Disney’s networks,…
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Disney is Reportedly in Talks to Sell Disney+ Hotstar and India Assets With Multiple Buyers
Disney is still in preliminary talks to sell its India streaming and television business. Potential buyers now include billionaires Gautam Adani and Kalanithi Maran — owners of New Delhi Television and Sun TV Network, respectively — according to Bloomberg. Sources familiar with the matters reportedly told Bloomberg that acquiring Disney’s India assets would serve to…
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Over 30 Cable TV Channels Could Shut Down Soon, Including TCM, Disney Jr. SyFy, BBC America, & More
When Charter Communications Spectrum struck a deal with Disney to end the 12-day cable blackout and bring back channels like ESPN and FX to the cable provider’s lineup, a few of Disney-owned networks were left out. Spectrum plans to drop Baby TV, Disney Junior, Disney XD, Freeform, FXM, FXX, Nat Geo Wild and Nat Geo…
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Disney Must Face Antitrust Lawsuit Over Allegations It Uses Hulu & ESPN To Drive Up The Price of YouTube TV & DIRECTV STREAM
In 2022 a group of YouTube TV subscribers sued Disney, arguing it used its dominance with ESPN and streaming to drive up the cost of YouTube TV, DIRECTV STREAM, and other services. Now, a judge has ruled that Disney must face an antitrust lawsuit over its ownership of Hulu + Live TV along with ESPN…
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Two Disney Classic Animated Films Return to Theaters Ahead of its Centennial Celebration
Disney is celebrating its 100th anniversary throughout October, including re-releasing some classic films in theaters. The Lion King is back in theaters for the first time since its debut in 1994. Fans, old and new, can enjoy an encore release through October 12. Moana, which first hit theaters in 2016, will also grace the silver…
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XFL and USFL Say They Will Merge Football Leagues, Which Tangles Up the TV Rights
The XFL and USFL said on Thursday that they intend to merge into a single football league. The two leagues offered a short statement on the deal, and said that more details about the new league would come at a later time. “Subject to customary regulatory approvals and if the transaction is consummated, the new…
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Allen Media Group CEO: We’re the Best Positioned to Buy ABC From Disney
Byron Allen, CEO of Allen Media Group, believes he’s the right suitor for Disney’s ABC assets because his company is the only one that would pass muster with regulators. “We’re the the best ones to get the deal done,” he said during an interview with CNBC (watch the full interview here). Allen, whose company made…
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Hollywood Writers Get the AI Protections and Streaming Data They’ve Been Asking For
The Writers Guild of America on Tuesday released the details of its new contract with the studios and the Hollywood writers appeared to get virtually everything they wanted, including better protections against the use of artificial intelligence and more transparency over how well their streaming shows and movies have performed. The new contract, which ends…