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Disney Q3 Earnings Highlights: Revenue And EPS Beat, 152.1 Million Disney+ Subscribers And More
Wednesday, August 10, 2022 - 4:39pm | 548Media giant The Walt Disney Company (NYSE: DIS) reported third-quarter financial results after the market close Wednesday. Here’s a look at how the company’s parks segment and direct-to-consumer segment performed. What Happened: Disney reported third-quarter revenue of $21.5 billion, up...
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Disney Extends Bob Chapek's Contract As CEO: What Mouse Shareholders Are Watching
Tuesday, June 28, 2022 - 5:16pm | 416Leading media company The Walt Disney Company (NYSE: DIS) announced the extension of CEO Bob Chapek's contract Tuesday. What Happened: As Benzinga previously reported, the Disney board met this week for an annual retreat. Among the topics that were expected to discussed were a...
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Here's When You Can Enjoy The Super Mario Kart Ride At An US Theme Park
Friday, June 3, 2022 - 3:09pm | 724If you’ve ever played Mario Kart and dreamed of collecting coins and throwing shells at other players in real life, it could soon be your lucky day. Here’s when the Super Nintendo World theme park area and Mario Kart ride are coming to the U.S. What Happened: Universal Studios, a...
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Can A Lost Apple Watch Lead To Credit Card Fraud? Disney Visitor Says She Lost $40,000
Tuesday, May 24, 2022 - 5:31am | 436A visitor to a Walt Disney Co (NYSE: DIS) theme park has said she lost $40,000 in credit card fraud after losing a wearable made by Apple Inc (NASDAQ: AAPL). What Happened: The visitor lost her Hermes edition Apple Watch while enjoying a ride...
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Disney Q2 Earnings Highlights: Parks Segment Up 110%, Disney+ Hits 137.7M Subs And More
Wednesday, May 11, 2022 - 4:44pm | 627Walt Disney Co (NYSE: DIS) reported second-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Disney reported revenue of $19.3 billion for the second quarter, which beat a consensus estimate of $18.9 billion, according to data from...
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I Am Iron Man: Disney CEO Compares Himself To Marvel Superhero
Tuesday, May 10, 2022 - 6:07pm | 370The CEO of a publicly traded company took the opportunity to compare himself to one of the most famous superheroes of all time during a graduation speech. What Happened: Bob Chapek, CEO of The Walt Disney Company (NYSE: DIS), received an honorary doctorate and gave a commencement speech at Indiana...
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Jumanji Gets Theme Park Deal: How Sony Is Challenging Disney And Universal Theme Park Domination
Monday, March 21, 2022 - 3:36pm | 823The media arm of Sony Group Corp (NYSE: SONY) could be on its way to establishing a successful theme park division thanks to several partnerships and a library of franchise brands that have performed well at the box office. What Happened: Sony Pictures Entertainment announced a collaboration with...
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Disney Drama: Why Bob Iger And Bob Chapek Are No Longer Friendly
Monday, March 21, 2022 - 2:33pm | 678The CEO of the House of Mouse and his predecessor reportedly had an intense falling out. Here’s what led to the division between the two executives. What Happened: Since taking over as the CEO of Walt Disney Co (NYSE: DIS), Bob Chapek has distanced himself from former boss Bob Iger. It was...
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Shanghai Disneyland Resort Temporarily Closes Due To COVID-19 Surge: Could It Hurt The Mouse's Growth Momentum?
Monday, March 21, 2022 - 11:18am | 391An international theme park is closing temporarily due to a surge in COVID-19 cases. Here’s a look at what the move could mean for The Walt Disney Co (NYSE: DIS). What Happened: Shanghai Disneyland Resort is temporarily closing due to a surge in COVID-19 cases in China. Shanghai is one of...
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Have You Ever Wanted To Live Inside A Disney Park Or Fairytale? New Real Estate Development Could Make That A Reality
Thursday, February 17, 2022 - 3:50pm | 585Walt Disney Co (NYSE: DIS) has its eyes set on real estate as another area of growth for the company in the future. What Happened: Storyliving by Disney was unveiled by Josh D’Amaro, the chairman of Disney Parks, Experiences and Products, in a video highlighting the first location and future...
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Disney Q1 Earnings Highlights: Parks Segment Up 100%, Disney+ Hits 129.8M Subscribers, ARPU Increases
Wednesday, February 9, 2022 - 5:48pm | 478Walt Disney Co (NYSE: DIS) reported fiscal first-quarter financial results after market close Wednesday. Here are the key details. What Happened: Disney reported first-quarter revenue of $21.8 billion, up 34% year-over-year and ahead of a consensus estimate of $18.6 billion, according to Benzinga...
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Disney CEO Bob Chapek Not Appearing At Destination D23 Amid Petition For Removal: Here's The Details
Thursday, November 18, 2021 - 4:23pm | 785The leader of media giant Walt Disney Co (NYSE: DIS) will no longer speak at a top company event, a move that is coming as the CEO faces backlash. What Happened: On Feb. 25, 2020, Bob Chapek was named the CEO of Disney, replacing Bob Iger. Chapek has guided the company through a global...
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Tired Of Asking Alexa? You Can Soon Say 'Hey Disney!'
Tuesday, September 28, 2021 - 4:16pm | 373Two of the largest and most well-known companies are teaming up to create a new voice assistant. What Happened: Amazon.com, Inc. (NASDAQ: AMZN) unveiled on Tuesday a new partnership with the Walt Disney Co (NYSE: DIS). The partnership will see the creation of a custom voice assistant...
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Disney's Stock Rips On Q4 Sales Beat, 73.7M Streaming Subscribers
Thursday, November 12, 2020 - 5:36pm | 464Walt Disney Co (NYSE: DIS) reported fourth-quarter earnings, which saw a continued impact from the COVID-19 pandemic hitting several lines of the business. Earnings: Revenue for Disney was $14.71 billion in the fourth quarter, which beat the street consensus of $14.2 billion. The company...
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What To Make Of Disney World Opening Amid A Spike In COVID-19 Cases
Friday, July 10, 2020 - 3:48pm | 461Walt Disney Co (NYSE: DIS) is proceeding with its plans to reopen its Disney World parks in Florida on Saturday despite surging coronavirus cases. Should Disney investors be worried about the company's decision? Ex-Imagineer: Opening Can Be Safe Disney should open its Orlando park to the public...