ABC News, ‘GMA’ staffers brace for layoffs as Disney demands budget slashes: sources

ABC News staffers are bracing for major cuts as the Disney-owned network slashes budgets ... bringing down the ax at its TV group on Wednesday, slashing 140 jobs at its networks that include ... Read More

DirecTV and Disney Offer Dueling Discounts As Carriage Dispute War of Words Escalates

DirecTV is offering discounts and a $30 credit toward Fubo or Sling, while Disney is offering $30 off the first month of Hulu with Live TV, coming amid a tense blackout between the companies. Read More

Disney beats earnings estimates, hikes guidance as it slashes streaming losses

Disney beat quarterly earnings estimates and raised its guidance as it saw progress in its effort to cut costs. The company slashed its streaming ... who asked not to be named because the ... Read More

Disney’s streaming business turns a profit. But parks show signs of trouble

Disney’s stock has declined 30% from its ... jobs data have renewed fears of a coming recession. “While investors cheered Disney’s progress on the streaming side, the worrisome news about ... Read More

Disney Hits Back At DirecTV In Carriage Fight, Saying It “Continues To Misrepresent The Facts”

After DirecTV had its say Tuesday in an hour-long conference call with Wall Street analysts, Disney hit back at the pay-TV operator as the companies’ carriage impasse enters its fourth day. Read More

Hollywood strikes: 'Most of us have second jobs'

Some of the world's biggest films and TV shows have hit pause on production, as actors and writers in Hollywood strike over pay and worries about the impact AI could have on jobs. It's the biggest ... Read More

How Disney Plans to Grow Its Streaming Profit

The company plans to build on its streaming success with price increases that CEO Bob Iger says he's confident will not cause significant churn. By Caitlin Huston Business Writer Disney announced ... Read More

The Disney Plus password crackdown is coming in September, and I'm fed up of streaming services taking me for a ride

Well, it's finally happening. After months of predicting when the Disney ... in just four years. Frankly, that's a smack in the face for hard-working people who, after a long day at their jobs ... Read More

Disney may have a parks problem

Disney Parks are the latest business to face slowing consumer demand in the face of higher prices. Disney’s parks business underperformed expectations and profit fell somewhat last quarter. Read More

Disney streaming prices going up in October

Streaming content on Disney+, Hulu and ESPN+ will soon become pricier in the U.S. Disney said Tuesday it plans to increase how much it charges for subscriptions to its three streaming platforms in ... Read More

Disney Will Again Raise Its Streaming Prices This October

Disney is raising prices on all three of its streaming services ... Disney announced it is launching ABC News Live, a streaming channel that will live on Disney+, starting on September 4. Read More

Music News

A Tennessee judge ruled that while Spotify did not have the proper streaming license, as the rapper's publisher claimed, any imposed penalties would have fallen on Kobalt Music Group A Tennessee ... Read More