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The Latest Breaking News from Bob Iger

Disney to acquire the remainder of Hulu from Comcast for roughly $8.6 billion

Walt Disney Co. said it will acquire a 33% stake in Hulu from Comcast for approximately $8.6 billion, a deal that will give Disney full control of the streaming service

The Independent UK

If You'd Put $1,000 Into Disney Stock 20 Years Ago, Here's What You'd Have Today

Long-time market laggard Disney stock has been a buy-and-hold disaster.

Kiplinger

Down 32%, Can Walt Disney Stock Bounce Back?

Walt Disney stock has seriously underperformed the market in 2023, and now trades close to nine-year lows. Can the beaten-down stock recover from here, or are new lows in sight?

Barchart

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Bob Iger revealed ESPN is more important for Disney’s bottom line than its entire entertainment business

Outgunned in the sports streaming wars, Disney is shopping around for a partner that can help ESPN transition to streaming.

Fortune

Disney execs consider radical shake-up as crisis hits centenary celebrations

Can Bob Iger make the House of Mouse sparkle again, despite its waning cinema clout, and the huge cost of keeping up with Netflix?

The Guardian - UK

It’s Easy to See Why Disney’s Put Options Are Unusually Active Right Now

Disney had four unusually active put options in Wednesday trading. Two of them had Vol/OI ratios in double digits. If you’re looking for an exciting income play, selling Disney puts makes excellent sense.

Barchart

Disney executives reportedly want Bog Iger to acquire EA

A new report from Bloomberg suggests that Disney and CEO Bob Iger are in trouble, and some want to see Disney embrace video games

USA Today Sports Media Group

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Disney’s billionaire activist investor is back as Nelson Peltz hikes both his stake and his demands

Peltz's Trian Partners reportedly has bought roughly $2.5 billion in Disney stock to back up its demands for not one but several boardroom seats.

Fortune

Disney Plus announces crackdown on password sharing in Canada

Password-sharing crackdowns are becoming more and more common in the streaming world today

The Independent UK

Byron Allen says he’s the best person to buy ABC from Disney because regulators would block Big Tech and private equity. ‘I’m the prettiest girl at the dance’

The founder and CEO of Allen Media Group has offered Disney $10 billion for ABC and other cable assets.

Fortune

Disney Plus to begin password-sharing clampdown in November

Disney has already started informing customers in Canada of the new policy

Evening Standard

Hollywood writers reach ‘tentative’ but ‘exceptional’ deal to end WGA strike after 146 days

WGA members must now vote to approve deal to end strike

The Independent UK

Hollywood writers’ strike: WGA reaches ‘tentative’ deal to end 146-day strike

After five days of negotiations with studios and streaming services, union says it has an ‘exceptional’ deal for members to vote on

The Guardian - US

As Rupert Murdoch retires, a look into succession drama that roiled his family and inspired HBO hit

Like Logan Roy in the HBO drama "Succession," Murdoch encouraged his children to compete to be his successor.

Fortune

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Zenger

Disney Plans To Double Investment In Theme Parks, Experiences

Bank of America analyst sees potential for sustained growth as CEO Bob Iger positions the company for the future.

The Independent UK

As writers and studios resume negotiations, here are the key players in the Hollywood strikes

Negotiations between striking screenwriters and Hollywood studios resume Wednesday, the latest attempt to bring an end to pickets that have brought film and television productions to a halt

Fortune

Disney's $60 billion parks spending plan signals it can afford Hulu

The gonzo 10-year investment comes with a message: the Mouse House has enough financial firepower to afford Hulu.

Barchart

Disney’s Good News/Bad News Story Makes Options Worth Exploring

Disney’s investing heavily in its theme parks and cruise lines; at the same time, its streaming business is leaking oil. Using options is a good way for investors to take a chance on the beaten-down entertainment stock.

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news in one place.

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Fortune

Byron Allen, one of America's most prominent Black businessmen, just reportedly bid $10 billion for broadcasting giant ABC in a bold move that would cap a stunning M&A record

Byron Allen was once the youngest stand-up in the history of Johnny Carson's "Tonight Show." Now he's a mogul in the mix with Bob Iger's Disney TV sale.

Barchart

2 Beaten-Down Stocks Worth Buying at Multi-Year Lows

Despite the rally in U.S. stocks this year, Disney and PayPal are languishing near multi-year lows. Here's why these two out-of-favor stocks look like good buys right now.

The Independent UK

Disney boss Bob Iger refused to relinquish his office to successor as it had shower, claims report

Bob Iger told Bob Chapek that he lived for ‘two-shower days’

WEKU

'You could be the hero': Fran Drescher tells NPR how the Hollywood strikes can end

Fran Drescher, president of the actors' union SAG-AFTRA, says the Hollywood strikes are at an inflection point.

Fortune

Disney pulls ESPN and ABC from 15 million homes right as college football season starts and the U.S. Open heats up

Dispute with Spectrum cable comes at the worst time for sports fans.

Cinemablend

Bob Chapek May Have Handed The Disney Reigns Back To Bob Iger But Now They’ve Been Cited In Another Lawsuit Together

Disney's Bobs are both being sued over alleged issues with Disney+ financials.

Fortune

Disney seeks to stem the bleeding of Indian subscribers by gambling on free Cricket World Cup streaming

The Mouse House is under considerable pressure to turn its business around as shares plumb fresh nine-year lows.

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