Disney cancels plans for $1 billion campus in Florida Walt Disney is scrapping plans to build a nearly $1 billion corporate campus in central Florida that would have housed 2,000 employees, according to an … Business • 19 May
Disney shares slip as streaming losses narrow Walt Disney reduced streaming losses by $400m from the prior quarter but also shed subscribers, the company said last night as its quarterly earnings landed … Business • 11 May
Walt Disney company begins 7,000 layoffs Walt Disney has begun 7,000 layoffs announced earlier this year, as it seeks to control costs and create a more "streamlined" business, according to a … Business • 28 Mar
Ad-supported version of Disney+ service launched The ad-supported version of the Disney+ service launched today, attracting major advertisers from different sectors, bringing in new revenue as Walt Disney strives to push … Business • 08 Dec 22
Disney shares tumble 11% to lowest since March 2020 Shares in Walt Disney tumbled 11% to the lowest since March 2020 today, as ballooning costs at the entertainment giant's fast-growing streaming division cast a … Business • 09 Nov 22
Disney tops Netflix on streaming subscribers Walt Disney has edged past Netflix with a total of 221 million streaming customers and announced it will increase prices for customers who want to … Business • 11 Aug 22
Disneyland's Facebook, Instagram accounts hacked Disneyland Resort's Facebook and Instagram accounts were hacked yesterday with a series of inappropriate posts that were subsequently taken down, Walt Disney said. Business • 08 Jul 22
Disney+ streaming growth and park revenue boost shares Walt Disney's Disney+ subscriber growth restored faith in the future of streaming video and strong attendance at US theme parks added lustre to its quarterly … Business • 10 Feb 22
Disney's streaming success offsets pandemic-hit parks Walt Disney swung to a surprise quarterly profit, as "The Mandalorian" and "Soul" lifted its fast-growing streaming business, outweighing pandemic worries about its hobbled theme … Business • 12 Feb 21
New shows underpin Disney's ambitious streaming targets Walt Disney has announced a heavy slate of new shows for its streaming services, including Marvel and Star Wars series on its fast-growing Disney+ platform … Business • 11 Dec 20
Disney to lay off 32,000 workers in first half of 2021 Walt Disney has said it would lay off about 32,000 workers, primarily at its theme parks, an increase from the 28,000 it announced in September. Business • 26 Nov 20
Disney to lay off about 28,000 parks unit workers Walt Disney said today it will lay off roughly 28,000 employees, mostly at its US theme parks, where attendance has been crushed by the coronavirus … Business • 30 Sep 20
Shanghai Disneyland makes muted reopening Thousands of visitors streamed into Shanghai Disneyland today for the first time in three months as the Chinese park became the first reopened by Walt … Business • 11 May 20
Disney tests reopening strategy at Shanghai Disneyland Walt Disney will kick off its strategy next week to begin restoring its lucrative parks business that has suffered $1 billion in lost profits from … Business • 06 May 20
Disney+ launch delayed in France on request of govt The launch of Walt Disney's streaming services in France will be delayed by two weeks at the request of the French government, the company said … Business • 23 Mar 20
Walt Disney's Iger steps down as chief executive Walt Disney's Robert Iger will step down as chief executive officer, handing the reins to Disney Parks head Bob Chapek, the company said today. Business • 26 Feb 20
Baby Yoda toys to debut after missing Christmas sales Baby Yoda toys from Walt Disney's streaming TV hit 'The Mandalorian' will reach store shelves next month, the company has said, after missing the 2019 … Business • 21 Feb 20
Disney+ streaming exceeds expectations Walt Disney shares soared to a record high last night after the entertainment firm said its new streaming service, Disney+, had been met with "extraordinary … Business • 14 Nov 19
Disney parks lift quarterly earnings past expectations Walt Disney's theme parks lifted quarterly earnings past Wall Street targets last night, helping offset big investments to support the media and entertainment company's bid … Business • 09 May 19
Dealmakers brace for slowdown after strong year of M&A Dealmakers celebrating their third-strongest year on record are fretting 2019 will herald a steep drop in mergers and acquisitions worldwide, as market jitters and economic … Business • 21 Dec 18
Disney profit boosted by fans flocking to parks, movies Walt Disney results have beaten Wall Street estimates thanks to summer crowds that swarmed into its theme parks and filled cinemas showing Marvel movie "Ant-Man … Business • 09 Nov 18
Profits up as Murdoch plan for 'new Fox' on track Twenty-First Century Fox reported a jump in profits in the past quarter as the conglomerate controlled by Rupert Murdoch said it was on track to … Business • 07 Nov 18
Disney offers EU concessions over Fox deal Walt Disney has offered concessions in an attempt to allay EU competition concerns over its $71.3 billion bid for Twenty-First Century Fox's entertainment assets, the … Business • 15 Oct 18
Comcast profit tops estimates as internet customers up Comcast said today it lost more cable TV subscribers than the previous year, but beat Wall Street estimates for quarterly profit as it gained more … Business • 26 Jul 18
UK clears Murdoch's bid for Sky if it sells Sky News Britain said Rupert Murdoch will be allowed to buy Sky providing it follows through with a proposal to sell Sky News to Disney or another … Business • 05 Jun 18
