Walt Disney Co.‘s streaming service, Disney+, has reportedly encountered obstacles in meeting its subscriber targets, according to sources familiar with the matter. The company’s goal of reaching 215 million to 245 million subscribers by 2024, set by former CEO Bob Chapek in August 2022, is...
Amazon is reportedly in talks with The Walt Disney Co. to develop a streaming version of sports network ESPN. In addition, the two companies are discussing Amazon taking a minority stake in the network, Reuters reported Friday (Aug. 25), citing an article in the Information. The discussions are in their...
It may be home to the Magic Kingdom, but the 99-year-old global entertainment giant Walt Disney Co. has proven that, come what may, it is once again a modern money-making machine. “In the midst of a global pandemic, fast-changing consumer expectations and a leadership transition,...
Governments are aiming to help companies amid the coronavirus, while executives are taking measures to contend with the crisis. Here are the latest updates on COVID-19, the disease caused by the coronavirus, around the world. The central bank of Saudi Arabia is requiring lenders to...
October 02, 2023
Social media platform X is teaming up with Paris Hilton and her digital ad agency 11:11 Media on shopping and video projects. X CEO Linda Yaccarino said in a Monday (Oct. 2) post on the social media platform formerly known as Twitter that Hilton — “the queen of pop culture, music, business and TV” — and her media company have launched an official […]
September 14, 2023
Walt Disney Co.‘s streaming service, Disney+, has reportedly encountered obstacles in meeting its subscriber targets, according to sources familiar with the matter. The company’s goal of reaching 215 million to...
August 25, 2023
Amazon is reportedly in talks with The Walt Disney Co. to develop a streaming version of sports network ESPN. In addition, the two companies are discussing Amazon taking a minority stake in the network,...
February 09, 2022
It may be home to the Magic Kingdom, but the 99-year-old global entertainment giant Walt Disney Co. has proven that, come what may, it is once again a modern money-making...
