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Disney to Pay Comcast $439 Million More for Its Hulu Stake
Walt Disney must pay $438.7 million (roughly Rs. 3,755 crore) more to Comcast to complete its purchase of the Hulu streaming service. Disney agreed in 2019 that it would acquire Comcast’s one-third stake in the business at price that valued the whole enterprise at a minimum of $27.5 billion (roughly Rs. 23,54,206 crore) starting in 2024.
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Elon Musk Joins Disney As "Chief DEI Officer", Internet Calls It April Fools Prank
Elon Musk demanded the firing of Disney CEO Bob Iger in response to Disney's decision to pull advertisements from his social media platform in December.
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Elon Musk Demands Sacking Of Disney CEO Bob Iger. Here's Why
Elon Musk is demanding the firing of Disney CEO Bob Iger in response to Disney's decision to pull advertisements from his troubled social media platform, X: Report
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India vs Australia World Cup Final Match Records 5.9 Crore Concurrent Viewers on Disney+ Hotstar
Disney's video streaming service Disney+ Hotstar broke a new record for global live-streaming viewership on November 19 during the World Cup final match between India and Australia. Concurrent viewership reached 5.9 crore surpassing the record set on November 15 during the India and New Zealand semi-final match of 5.3 crore concurrent viewership.
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Opinion: Disney's Sales To Reliance Will Follow Rupert Murdoch's Logic
A new class of competition is disrupting legacy media in the world's most-populous nation, leading to a second change in the ownership of a popular franchise in four years. Rupert Murdoch was the first to see the threat. Now it's Bob Iger's turn.
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Disney+ to Begin Password Sharing Crackdown This November in Canada
Disney+ will start cracking down on password sharing starting November 1 in Canada. Members in the region received an email claiming that they’ll soon be prohibited from sharing accounts with people outside their ‘household.’ Disney+ will monitor the account activity to determine whether a user is violating rules and, accordingly, limit or te...
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Disney+ to Start Cracking Down on Account and Password Sharing in 2024, Loses 12.5 Million Hotstar Subscribers
Disney+ is looking to restrict account and password sharing in 2024. CEO Bob Iger never revealed a number but claimed that a ‘significant’ amount of people have been sharing passwords with friends and family. Additionally, Disney+ recorded a drop in 12.5 million subscribers on its Hotstar side, as the streamer lost rights to the Indian Premier ...
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Disney+ and Hulu Content to Be Merged Into a Single App in the US
Disney+ and Hulu content will soon be merged into a single app in the US. During Disney’s earnings call, CEO Bob Iger confirmed that the company will put out a new, combined app by the end of the calendar year, with the option available to those who are subscribed to both services to merge into a single subscription. Hulu content is already bundl...
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Disney Promotes Hulu Chief Joe Earley to Run Its Streaming Business
Walt Disney has promoted Hulu Chief Joe Earley as president of its direct-to-consumer business, a role that includes responsibility for the company’s Disney+ and Hulu streaming services. After joining Disney in 2019, he was elevated to president of Hulu last year and will continue to run that service until a full-time manager is appointed. CEO Bo...
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Disney Begins Laying Off 7,000 Employees To "Streamline" Business
Walt Disney Co on Monday began 7,000 layoffs announced earlier this year, as it seeks to control costs and create a more "streamlined" business, according to a letter Chief Executive Bob Iger sent to employees and seen by Reuters.
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HBO Content Such As The Last of Us, Game of Thrones Will Be Unavailable on Disney+ Hotstar From March 31
HBO content such as Game of Thrones, The Last of Us, and more will be leaving Disney+ Hotstar soon. In a tweet, the Hotstar support team confirmed that starting March 31, HBO shows or movies will be unavailable to watch on the streaming platform, which has been the key destination for Indians to access HBO content. Previous reports suggested that t...
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Disney CEO Bob Iger To Step Down In Two Years
Mr Iger said that in addition to assisting the board in "succeeding at succession," he has a lot to accomplish in a brief amount of time.
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Toy Story 5, Frozen 3, Zootopia Sequel in Development, Says Disney
Toy Story 5, Frozen 3, and a Zootopia sequel are in the works at Disney. Company CEO Bob Iger confirmed the projects during its Q1 earnings call, after having announced a massive 7,000-employee layoff. Currently, there are no plot details for any of the movies, but all three franchises have crossed the billion-dollar mark at the global box office.
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Disney to Lay Off 7,000 Workers to Cut Costs, Restructure Company in Sweeping Revamp by CEO Bob Iger
Disney on Wednesday announced that it would cut 7,000 jobs at the firm, as part of efforts to cut costs and return power to creative executives. The company also said it would be restructured into three distinct segments, with the aim of having a more cost-effective, coordinated approach to its operations, according to CEO Bob Iger.
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Disney Lays Off 7,000 Employees As Streaming Subscribers Decline
Entertainment giant Disney said Wednesday it was laying off 7,000 employees, in CEO Bob Iger's first major decision since he was asked back to lead the company late last year.
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Disney to Pay Comcast $439 Million More for Its Hulu Stake
Walt Disney must pay $438.7 million (roughly Rs. 3,755 crore) more to Comcast to complete its purchase of the Hulu streaming service. Disney agreed in 2019 that it would acquire Comcast’s one-third stake in the business at price that valued the whole enterprise at a minimum of $27.5 billion (roughly Rs. 23,54,206 crore) starting in 2024.
-
Elon Musk Joins Disney As "Chief DEI Officer", Internet Calls It April Fools Prank
Elon Musk demanded the firing of Disney CEO Bob Iger in response to Disney's decision to pull advertisements from his social media platform in December.
-
Elon Musk Demands Sacking Of Disney CEO Bob Iger. Here's Why
Elon Musk is demanding the firing of Disney CEO Bob Iger in response to Disney's decision to pull advertisements from his troubled social media platform, X: Report
-
India vs Australia World Cup Final Match Records 5.9 Crore Concurrent Viewers on Disney+ Hotstar
Disney's video streaming service Disney+ Hotstar broke a new record for global live-streaming viewership on November 19 during the World Cup final match between India and Australia. Concurrent viewership reached 5.9 crore surpassing the record set on November 15 during the India and New Zealand semi-final match of 5.3 crore concurrent viewership.
-
Opinion: Disney's Sales To Reliance Will Follow Rupert Murdoch's Logic
A new class of competition is disrupting legacy media in the world's most-populous nation, leading to a second change in the ownership of a popular franchise in four years. Rupert Murdoch was the first to see the threat. Now it's Bob Iger's turn.
-
Disney+ to Begin Password Sharing Crackdown This November in Canada
Disney+ will start cracking down on password sharing starting November 1 in Canada. Members in the region received an email claiming that they’ll soon be prohibited from sharing accounts with people outside their ‘household.’ Disney+ will monitor the account activity to determine whether a user is violating rules and, accordingly, limit or te...
-
Disney+ to Start Cracking Down on Account and Password Sharing in 2024, Loses 12.5 Million Hotstar Subscribers
Disney+ is looking to restrict account and password sharing in 2024. CEO Bob Iger never revealed a number but claimed that a ‘significant’ amount of people have been sharing passwords with friends and family. Additionally, Disney+ recorded a drop in 12.5 million subscribers on its Hotstar side, as the streamer lost rights to the Indian Premier ...
-
Disney+ and Hulu Content to Be Merged Into a Single App in the US
Disney+ and Hulu content will soon be merged into a single app in the US. During Disney’s earnings call, CEO Bob Iger confirmed that the company will put out a new, combined app by the end of the calendar year, with the option available to those who are subscribed to both services to merge into a single subscription. Hulu content is already bundl...
-
Disney Promotes Hulu Chief Joe Earley to Run Its Streaming Business
Walt Disney has promoted Hulu Chief Joe Earley as president of its direct-to-consumer business, a role that includes responsibility for the company’s Disney+ and Hulu streaming services. After joining Disney in 2019, he was elevated to president of Hulu last year and will continue to run that service until a full-time manager is appointed. CEO Bo...
-
Disney Begins Laying Off 7,000 Employees To "Streamline" Business
Walt Disney Co on Monday began 7,000 layoffs announced earlier this year, as it seeks to control costs and create a more "streamlined" business, according to a letter Chief Executive Bob Iger sent to employees and seen by Reuters.
-
HBO Content Such As The Last of Us, Game of Thrones Will Be Unavailable on Disney+ Hotstar From March 31
HBO content such as Game of Thrones, The Last of Us, and more will be leaving Disney+ Hotstar soon. In a tweet, the Hotstar support team confirmed that starting March 31, HBO shows or movies will be unavailable to watch on the streaming platform, which has been the key destination for Indians to access HBO content. Previous reports suggested that t...
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Disney CEO Bob Iger To Step Down In Two Years
Mr Iger said that in addition to assisting the board in "succeeding at succession," he has a lot to accomplish in a brief amount of time.
-
Toy Story 5, Frozen 3, Zootopia Sequel in Development, Says Disney
Toy Story 5, Frozen 3, and a Zootopia sequel are in the works at Disney. Company CEO Bob Iger confirmed the projects during its Q1 earnings call, after having announced a massive 7,000-employee layoff. Currently, there are no plot details for any of the movies, but all three franchises have crossed the billion-dollar mark at the global box office.
-
Disney to Lay Off 7,000 Workers to Cut Costs, Restructure Company in Sweeping Revamp by CEO Bob Iger
Disney on Wednesday announced that it would cut 7,000 jobs at the firm, as part of efforts to cut costs and return power to creative executives. The company also said it would be restructured into three distinct segments, with the aim of having a more cost-effective, coordinated approach to its operations, according to CEO Bob Iger.
-
Disney Lays Off 7,000 Employees As Streaming Subscribers Decline
Entertainment giant Disney said Wednesday it was laying off 7,000 employees, in CEO Bob Iger's first major decision since he was asked back to lead the company late last year.
