Disney Financial News

Roth MKM analysts said that the strength in Barbie is likely offsetting broad-based retail softness for Mattel (NASDAQ:MAT).

Walt Disney Co. is holding preliminary discussions with potential buyers for its India streaming and television business including billionaires Gautam Adani and Kalanithi Maran, according to people familiar with the matter. The US entertainment giant’s senior executives have also gauged the interest of private equity funds considering the company is exploring a range of options, which could involve selling part of the Indian operations or a combination of the unit’s assets including sports rights and regional streaming service Disney+ Hotstar, the people said, asking not to be identified because the discussions are private. Asset-sale talks have already been held with Reliance Industries Ltd., controlled by Asia’s richest person, Mukesh Ambani, Bloomberg News reported earlier on. Disney has been weighing strategic options for its business in India including an outright sale or setting up a joint venture, Bloomberg News reported in July after the unit lost its streaming rights to the Indian Premier League cricket tournament to Viacom18 Media Pvt.

₹328 prepaid plan will offer ₹1.5 GB of data per day for 28 data paired with a 3-month Disney+ Hotstar mobile subscription. This plan will offer 2 GB data per day with a validity of 28 days and will be paired with a 3-month complimentary Disney + Hotstar subscription.

Temasek is in advanced talks with the Tata Group to sell its 20% stake in Tata Play to the Indian conglomerate that owns the largest stake in the direct-to-home (DTH) company, people privy to the development told ET. «There has been a lot of movement in the discussions between the two companies in the past few weeks,» one of the people said. The Singapore government-owned company wants to sell its stake at a valuation of over $1 billion, another person said. This is far less than the $2 billion valuation that another stakeholder, Walt Disney Co, was eyeing in 2021. «At one point, the Tata Play shareholders were looking at a valuation of close to $3 billion,» this person added. Temasek said it does not comment on market speculation.

(Reuters) — Walt Disney (NYSE:DIS)'s ESPN has clinched the U.S. broadcast rights for TGL, a new primetime golf league created by Tiger Woods and Rory McIlroy, the company said on Thursday.

«So, we are going to see huge consumption numbers on the digital platform which is why we believe that potentially you could see around Rs 1000 crores of ad revenue just purely on the digital platform, which is about 60% to 70% to 80% higher as compared to the 2019 World Cup,» says Karan Taurani, Senior VP, Elara Securities. We were just chatting with Saurabh Mukherjea as well from Marcellus and he was talking about as to how the World Cup frenzy also gives you a light and insight into the affluent India, the aspirational India and the consumption boom thereby, the premiumisation theme. Everyone is willing to spend whatever it takes for the tickets, for the flights, for the hotels. What according to you are the beneficiaries that are going to emerge from the business of cricket? I think from a World Cup standpoint, firstly, we have to see two things that are happening for the first time.

World Cup on their OTT platform Disney+ Hotstar. In September, the All India Digital Cable Federation (AIDCF) had urged TDSAT to instruct Star India to discontinue the free cricket streaming on Disney+ Hotstar.

Reuters reported. The pandemic in 2020 and 2021 had a negative impact on the amusement park industry, with COVID-19-related closures and a decrease in attendance. Also Read: Walt Disney nearly doubles parks spending, to invest $60 billion over next decade As reported by Reuters, the business had, however, rebounded strongly to become the media conglomerate's main profit engine and also helped cushion losses in its Disney streaming business, but is lately showing signs of a slowdown in footfall.

(Reuters) — Walt Disney (NYSE:DIS) said on Wednesday it will offer discounts on ticket prices for children at its theme parks for a limited period as it looks to boost traffic.

For Disney fans, Halloween is among the most desirable (and expensive) times to visit its theme parks

Invincible Season 1 on Prime Video, and now, the anticipation for Season 2 is reaching its peak. With a compelling storyline, a star-studded cast, and the legacy of its comic book origins, Invincible has captured the hearts of superhero fans worldwide. Here's everything you need to know about what's coming up in Season 2. Invincible, created by Robert Kirkman, marks yet another successful transition from comic book to television. While it may not have reached the colossal heights of The Walking Dead, it has certainly carved out its own dedicated fan base. The debut season's popularity led to a swift renewal for two more seasons, a testament to its success.

Also read: World Cup: Disney Star scores record sponsors, advertisers Notably, the Board of Control for Cricket in India (BCCI) had planned a grand opening ceremony at the Narendra Modi Stadium on 4 October, a day before the tournament's opening match at the same venue. (Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) The planned ceremony was supposed to feature renowned Bollywood stars such as Ranveer Singh, Arijit Singh, Tamannaah Bhatia, Shreyas Ghoshal, and Asha Bhosle.

₹3,500-3,800 crore. “We are on track to generate highest revenue ever. It will be more than all past ICC events, or other sports tournaments this year.

The legal fights between Disney and Gov. Ron DeSantis ratcheted up this week

NFL is about to get animated as Woody, Buzz Lightyear, and the beloved «Toy Story» universe make their NFL debut. This unique spectacle will unfold during the Atlanta Falcons vs Jacksonville Jaguars game at London's Wembley Stadium for "Toy Story Funday Football." Where to watch? The «Toy Story Funday Football» telecast will be available for streaming on ESPN+ and Disney+.

Password-sharing crackdowns are becoming more and more common in the streaming world today

Dumbo Octopus, scientifically known as «Grimpoteuthis,» a deep-sea inhabitant that has piqued the curiosity of scientists and explorers. But there's more to this story – let's delve into the world of Frank Rubio, a distinguished NASA astronaut with a remarkable connection to deep-sea exploration. The Dumbo Octopus, named after Disney's iconic character «Dumbo» due to its oversized ear-like fins, belongs to a remarkable family of creatures dwelling in the ocean's profound reaches.

Disney Plus is set to implement stricter measures against password sharing and account usage outside of one's household, with these new regulations initially taking effect in Canada Starting on November 1. Subscribers in Canada received email notifications from the streaming service on Wednesday, outlining the updated rules concerning account sharing. Disney CEO Bob Iger had previously indicated the company's intention to address the issue of password sharing, aligning with the approach adopted by streaming behemoth Netflix, which began imposing an $8 charge for additional users on a single account earlier this year. Disney in the updated Subscriber Agreement, specified that a household includes only “the collection of devices associated with your primary personal residence" and used by the people who live there. The agreement also suggested that Disney+ will introduce new fee options for users who want to add outside members to their accounts, noting that the upcoming rule applies to everyone “unless otherwise permitted by your Service Tier”. The company is following in the footsteps of Netflix, which officially began cracking down on password sharing in the US and other countries in May.

Disney, a cinematic giant, it's clear that the influence of this entertainment powerhouse on film culture deserves special recognition.

Facing backlash, Walt Disney World’s governing district will pay a stipend to employees whose free passes and discounts to the theme park resort were eliminated under a policy made by a new district administrator and board members who are allies of Flo...

Angelina Jolie has revealed the reason behind her appearance in less number of films in 2016. In an interview with Vogue Magazine she had a «lot of healing» to do «seven years ago».