Disney has rolled out its planned beta version of Hulu on Disney+, its move to create a bundle for US subscribers, before officially launching in the spring. When bundle subscribers open their Disney+ app, they will now see a Hulu tile appear alongside the Disney, Pixar, Marvel, Star Wars, and National Geographic tiles. Clicking on […]
Disney’s senior advertising exec has said that to tackle the current declining linear market the company takes advantage of its audience data gathered from its streaming operations to boost growth across its linear business. Speaking at the Future of TV Advertising Global by The Media Leader, president of Disney Advertising, Rita Ferro said, “The beauty […]
Disney has now upped the price of its Premium package in the UK, with the service costing £10.99 per month or £109.90 a year, up from £7.99 a month or £79.90 a year. All existing customers will be moved to the new premium plan but will be given the option to switch to a less […]
Disney is girding itself for a fight over the composition of its board after activist investor Nelson Peltz said he would take his case direct to shareholders following a rejection of his move to secure a place on the studio’s board. Disney has moved to change bylaws governing nominations to the board and has announced […]
Ahead of a likely showdown with ‘activist investor’ Nelson Peltz over the latter’s claim to board representation, Disney has appointed James P. Gorman, Chairman and CEO of Morgan Stanley, and Sir Jeremy Darroch, former Group CEO of Sky, as new directors. Darroch’s appointment is effective January 9, 2024, and Gorman’s is effective February 5, 2024. […]
Disney+ and FX originals Extraordinary and Under The Banner Of Heaven are both heading to UK streamer ITVX, underlining the increasing rights flexibility from the Mouse House. The deal with Disney Entertainment will see the first season of Extraordinary and Under The Banner Of Heaven become available on the commercial broadcaster’s streaming service ITVX and its free-to-air channel ITV2 in the first […]
ESPN has renewed its rights to the The Ladies Professional Golf Association (LGPA) tour for another two years, with the Disney-owned sports media giant to exclusively livestream Featured Group coverage of eight LPGA Tour events on ESPN+. In the new two-year deal, ESPN+ will air each day of selected LPGA Tour tournaments with one feed […]
Another activist investor, ValueAct Capital, has taken what is understood to be a significant stake in Disney. San Fransisco-based ValueAct has not disclosed the size of its stake, which it began building in the summer, but it is reported to be among the company’s larger investments. News of the stake was first reported by CNBC’s […]
ESPN Bet, the sports betting outfit associated with the Disney-owned US sports broadcaster unveiled in August, launched yesterday. The venture is owned by Penn Entertainment through a US$1.5 billion 10-year licensing deal with ESPN. The outfit will compete for a share of the US$9 billion US sports betting market with established leaders DraftKings and FanDuel. […]
Disney is now clearly “on the path” to build a profitable streaming business by the end of next year after a very strong final fiscal quarter of subscriber growth, according to CEO Bob Iger. Reflecting on a very strong end to its fiscal year, with growth in both streaming and parks and experiences, Iger also […]
