Josh D’Amaro the next CEO of Disney
As artificial intelligence and a wave of consolidation reshape the media sector, Walt Disney appointed theme park chief executive Josh...
Bob Iger
Disney will settle a protracted appraisal procedure by paying Comcast $438.7 million to fully acquire Hulu
After years of evaluation, Disney has decided to pay Comcast $438.7 million for its ownership of the streaming service Hulu....
Disney invests $1.5 billion in Epic Games, the creators of Fortnite
Together, Disney and Epic Games, the creators of Fortnite, will create a "expansive and open games and entertainment universe." Disney...
Disney increases their cost-cutting strategy by $2 billion and reports a higher-than-expected profit
Earnings at Disney surpassed expectations, owing in part to profit at ESPN+ and strong growth at theme parks, although a...
Dave Portnoy, the creator of Barstool Sports, repurchased his business for $1
According to a regulatory document released late on Wednesday, Barstool Sports founder Dave Portnoy paid Penn Entertainment (PENN) $1 to...
Disney will lay off 7,000 workers as it cuts costs and reorganizes
Disney announced Wednesday that it intends to reorganize into three segments. The media and entertainment conglomerate announced that it would...
