The Latest Breaking News on Media

Entertainment giant Walt Disney (DIS) recently notched its 52-week low of $84.07. The stock is expected to be on a downward trajectory as the company grapples with higher streaming expenses, fears of declining consumers’ discretionary spending, and other macroeconomic headwinds. However, given DIS’ solid revenue growth in the first quarter…

Walt Disney Co. Chief Executive Bob Iger acknowledges his company goofed on some of its pricing strategies.

Big box retailer Walmart (WMT) reported solid fourth-quarter results, topping analysts’ estimates. Moreover, WMT’s solid dividend-paying record makes it an attractive buy this year as macroeconomic uncertainties remain. Keep reading.

Testimony from a former ESPN executive is underscoring the high stakes and corruption that has enveloped the world of soccer

The streaming market continues to be competitive as Paramount Plus competes with the big streaming platforms with quality content.

There's a new way to ensure certain songs don't impact your personalised playlists

Rihanna performed at the Super Bowl half-time show for free due to an ancient NFL rule, but the pop megastar still managed to see some significant benefits of her performance

LOS ANGELES — Walt Disney Co. Chief Executive Bob Iger said last week that the Burbank company will be slashing 7,000 jobs as the firm’s streaming efforts continue to lose money and the wider economy wallows through a downturn.

Amid a sudden change at the helm and challenged by losses in its streaming business, Disney (DIS) has a lot of near-term uncertainties to deal with. Let’s discuss why the stock might be best avoided now. Read on….