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Disney Reverses Stance, Agrees To Court Trial In Florida Wrongful Death Lawsuit Over Fatal Allergy Incident: 'Situation Warrants A Sensitive Approach'
Tuesday, August 20, 2024 - 3:18am | 484In a change of strategy, Walt Disney Co. (NYSE:DIS) has agreed to a court trial for a wrongful death lawsuit in Florida, abandoning its previous insistence on arbitration. What Happened: Disney has consented to have a wrongful death lawsuit decided in court. The lawsuit was lodged by Jeffrey...
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Who Will Be Disney's Next CEO? Hunt For Bob Iger's Successor Accelerates As Boardroom Drama With Activist Investor Settles Down
Thursday, April 4, 2024 - 8:08am | 648The search for a new CEO at The Walt Disney Company (NYSE:DIS) has intensified, following the end of a protracted proxy battle with activist investor Nelson Peltz. What Happened: Disney’s board has repeatedly delayed decisions regarding Iger’s successor, pushing back his retirement date...
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Disney's Largest Shareholder Vanguard Sides With Management In Proxy Fight Against Nelson Peltz
Wednesday, April 3, 2024 - 9:50am | 574In a recent turn of events, investment management firm Vanguard has reportedly declared its support for Disney‘s (NYSE:DIS) management over activist investor Nelson Peltz in the imminent board vote. What Happened: Vanguard, being Disney’s largest shareholder with a 7.8% stake, intends...
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Disney Stock Set For 20% Upside As Bob Iger's Turnaround Strategy Gains Momentum, Says BofA: 'Appears To be In Command And Control And On A Growth Offensive'
Tuesday, April 2, 2024 - 8:32am | 650The Walt Disney Company’s (NYSE:DIS) stock is poised for a 20% rise as Bob Iger’s turnaround strategy begins to bear fruit, according to a note from Bank of America released on Monday. What Happened: Bank of America analyst Jessica Reif Ehrlich maintains that Iger’s growth-focused...
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Disney Board Has Been 'Too Deferential' Towards CEO Bob Iger, Says Expert: Highlights 21st Century Fox Purchase 'Which Was Really Not A Good Acquisition'
Wednesday, March 27, 2024 - 8:12am | 891Media industry veteran Tom Rogers recently expressed his views on the ongoing situation at The Walt Disney Company (NYSE:DIS). Rogers commented on the perceived effectiveness of Disney CEO Bob Iger and the board’s approach to his leadership, particularly in the context of Disney’s...
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Ron DeSantis Wants Disney's Bob Iger To 'Drop The Lawsuit' And Move Forward
Monday, August 14, 2023 - 9:08pm | 843Florida Governor Ron DeSantis urged Disney to “drop the lawsuit” and “move forward” during an interview with CNBC’s Brian Sullivan on “Last Call” on Monday, August 14, 2023. The comments were made in the context of the ongoing feud between the state of...
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Disney's India Streaming Arm Is Bleeding Subscribers By Millions, The Culprit: Billionaire Mukesh Ambani's Jio
Thursday, August 10, 2023 - 1:35am | 336This story was first published on the Benzinga India portal. The Walt Disney Company (NYSE: DIS) owned Disney+ Hotstar, once the crown jewel of India’s streaming world, is facing turbulent times. The platform saw a staggering drop of 12.5 million subscribers in the recent quarter, marking its...
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Why Disney's Mega Cricket Broadcast Deal In India Is Proving To Be Less Than A 'Masterstroke'
Thursday, June 8, 2023 - 2:49am | 588This story was first published on the Benzinga India portal. Walt Disney Co's (NYSE: DIS) Indian arm, Disney Star. announced its decision to license the TV broadcasting rights for International Cricket Council Men's and U-19 global events to Zee, a domestic broadcaster, for the 2024...
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Meghan Markle To Do Voiceover For Disney, Profits Donated To Charity
Monday, January 13, 2020 - 4:46am | 293Meghan Markle, the Duchess of Sussex and former actress, has signed a deal with The Walt Disney Company (NYSE: DIS) for voiceover work, The Times U.K. reported on Saturday. What Happened Disney will make a donation to the wildlife charity Elephants Without Borders in exchange, and Markle will make...
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Investor Movement Index: November 2019
Tuesday, December 10, 2019 - 3:16pm | 1541Exposure to equity markets increased in TD Ameritrade Holding Corp. (NASDAQ: AMTD) client accounts during the November period. The IMX increased to the highest level in a year, increasing 0.33, or 6.8%, to 5.17. TD Ameritrade clients were once again net buyers during the period. Less risky assets...
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Cable Satellite Providers May Clone Aereo
Tuesday, October 29, 2013 - 2:11pm | 585The face of broadcast television, at least the part that makes money from cable and satellite providers, may be about to change. Bloomberg reported that DirecTV (NASDAQ: DTV), Time Warner Cable (NYSE: TWC) and Charter Communications (NASDAQ: CHTR), are looking into capturing broadcast-TV signals...
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Merger Speculation Increases For Both Dish And Charter Following Losses (CHTR, DISH)
Wednesday, August 7, 2013 - 1:06pm | 581Nothing ramps up merger speculation faster than a poor quarter. Dish Network (NYSE: DISH) and Charter Communications (NASDAQ: CHTR) both reported second-quarter losses Tuesday which Bloomberg said resulted in renewed Wall Street chatter about possible mergers in both companies’ futures. In both...
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Binge Viewers Rejoice at Hulu Decision
Thursday, August 1, 2013 - 11:37am | 535If you are someone who enjoys watching an entire season of your favorite television shows “all at once,” you can’t help but be giddy over Hulu’s decision to offer complete seasons of as many as 20 series this year. This assumes, of course, that your favorite shows consist of original...
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Google Chromecast Making TV Executives Nervous (GOOG)
Friday, July 26, 2013 - 9:41am | 718The premiere of the Google (NASDAQ: GOOG) Chromecast streaming device has excited the masses to the point the device is already sold out and on backorder. Related: Google's Sold-Out Chromecast Soars to $100 on eBay It has also raised concerns, on the part of television executives and others...
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Apple Said to be Closing in on Deal with Time Warner Cable
Wednesday, July 3, 2013 - 12:59pm | 592Coinciding with the hiring of former Hulu exec., Pete Distad, Apple (NASDAQ: AAPL) is said to be closing in on a deal with Time Warner Cable Inc. (NYSE: TWC) to give Time Warner subscribers access to cable channels via Apple TV. Bloomberg, citing anonymous sources with “knowledge of the...