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Disney, AIG head into arbitration on ABC’s settlement with BPI

A federal judge has ordered AIG Specialty Insurance Co. into arbitration with The Walt Disney Co. in a dispute about a $25 million liability policy held by the ABC television network, which Disney owns. Disney wants to tap ABC’s  insurance to partially offset its payout to Dakota Dunes, SD-based Beef Products Inc. (BPI). The payout is part of an out-of-court... Continue Reading

If Rupert Murdoch Sells 21st Century Fox, What Happens to TV?

News that Rupert Murdoch has discussed selling off huge chunks of his 21st Century Fox film and TV empire — first to the Walt Disney Co., and more recently to Comcast and Verizon — has sparked a wave of speculation about how such a move would shake up Hollywood. Much ... More »

FlowPlay connects with Dragonchain to build blockchains for social gaming

Social gaming platform developer FlowPlay Inc. today announced a partnership with Walt Disney Co.-incubated blockchain Dragonchain Inc. with the intent to build secure blockchain-based monetization for casual and social games. Dragonchain...Show More Summary

ESPN President John Skipper is nearing a contract extension

ESPN President John Skipper is close to a contract extension that will keep him at the Walt Disney Co.-owned sports media giant through 2021, according to people familiar with the discussions. Sports news website the Big Lead reported Tuesday that Skipper, 61, will have his current contract extended...

Disney Touts 2 New Streaming Services, Including ESPN Plus and One With a Live-Action Star Wars Series

On Walt Disney Co.'s fourth-quarter and full-year earnings call with investors today, Disney chairman and CEO Bob Iger spoke at length about the company's desire to be a "viable player" in the direct-to-consumer space. Disney is launching two streaming services: the much-talked-about ESPN-branded service officially called ESPN Plus, which will launch in the spring, and...

Disney Developing Star Wars, Monsters Inc. TV Series For Streaming Service

The Walt Disney Co. will mine some of its best-loved entertainment franchises — including Star Wars, Marvel and Monsters Inc. – to help launch its forthcoming streaming service. Chief Executive Bob Iger said the company would develop a live-action Star Wars television series for Disney’s direct-to-consumer service. Show More Summary

Walt Disney Co.'s fourth-quarter earnings fall amid TV struggles, missing analysts' expectations

Walt Disney Co. reported a fiscal fourth-quarter profit of $1.75 billion, but its financial results fell below what analysts were expecting, sending the stock down 3% in after-hours trading. As with recent quarters, the Burbank company’s media networks unit, which include ESPN, remained troublesome....

Disney's ESPN is expected to lay off 100 more employees

Financial pressures on Walt Disney Co.’s ESPN will lead to the layoffs of another 100 employees this year, according to news reports. Both CNBC and SI.com reported Thursday that the Bristol, Conn., sports media company is making personnel reductions across the divisions. A spokesperson for ESPN...

Disney Reports Q4 Earnings That Modestly Beat Street Estimates

The Walt Disney Co. reported a modest lift in its fourth quarter earnings, even though revenues were buffeted by hurricane Irma. The company posted per-share earnings of $1.13 or $1.7 billion for its quarter ending in September. That beat Thomson Reuters consensus estimates of $1.12 per share. Show More Summary

Disney Calls Off Its War With the L.A. Times

After The Walt Disney Co. came under widespread criticism for its ban on the Los Angeles Times from Disney screenings, the company reversed itself today and essentially declared that its feud with the Times is over. As we reported last...

Disney lifts ban on L.A. Times film critics

The Walt Disney Co. has reversed its decision to exclude Los Angeles Times critics from press screenings of its films. “We’ve had productive discussions with the newly installed leadership at the Los Angeles Times regarding our specific concerns, and as a result, we’ve agreed to restore access...

From bailouts to boycotts, Saudi Prince Alwaleed has been a longtime friend of Disney

Two years after opening, Walt Disney Co.’s Euro Disney theme park was bleeding money. In need of a bailout for the flagging Paris property, the company turned to an unlikely source: Prince Alwaleed bin Talal, a then up-and-coming investor and the grandson of the founding monarch of Saudi Arabia....

Disney considered buying Fox entertainment assets to compete with tech giants

Walt Disney Co. has held talks to buy significant parts of Rupert Murdoch’s 21st Century Fox media company, including its movie and television production studios and a handful of TV channels, according to two people with knowledge of discussions who were not authorized to discuss them. The talks...

Report: 21st Century Fox Has Been Holding Talks to Sell Most of the Company to Disney

21st Century Fox and The Walt Disney Co. have been holding talks about having Disney acquire most of the company, according to CNBC, which cites sources who are familiar with the situation. “Disney would not purchase all of Fox, according...

Disney may buy 21st Century Fox assets in entertainment mega merger

The Walt Disney Co., which has worked closely with Apple for many years, is said to be in talks to potentially acquire most of rival entertainment giant 21st Century Fox, in a deal that could have major ramifications for services like iTunes, the Apple TV and Apple Music.

FOX held talks to sell most of company to Disney: CNBC

Nov 6 (Reuters) - Rupert Murdoch-controlled Twenty-First Century Fox has held talks to sell most of the company to Walt Disney Co, CNBC reported on Monday, citing unnamed people familiar with the matter. Read moreil this | Linking Blogs | Comments

Bad Blood Between Disney and the L.A. Times

The Walt Disney Co. appears to have it in for the Los Angeles Times because of a negative story the newspaper ran about Disneyland. The Hollywood Reporter’s Live Feed reports that the newspaper’s reporters and critics have been shut out...

Harvey Weinstein and Disney are targeted by a Canadian actress alleging sexual assault

A Canadian actress is reportedly planning to sue Harvey Weinstein and Walt Disney Co., contending that the producer sexually assaulted her twice in 2000. The complaint would be the first known instance of Disney being sued for a sex-related allegation against Weinstein, whose company Miramax was...

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