U.S. Federal Communication Commission (FCC) Chairman Brendan Carr speaks during a press conference, following an open meeting of the FCC, in Washington, D.C., U.S., July 22, 2026. Kylie Cooper | Reuters Disney’s ABC has filed a First Amendment lawsuit against the Federal Communications Commission, calling the government agency’s recent investigation into the company a “retaliatory…
Minority owner Jeanie Buss of the Los Angeles Lakers and her husband, Jay Mohr, prior a first round NBA playoffs game between the Lakers and the Minnesota Timberwolves at Crypto.com Arena in Los Angeles, April 19, 2025. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images Los Angeles Lakers governor Jeanie Buss is…
Joshua Kushner, left, founder of Thrive Capital, and former Disney CEO Bob Iger during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 10, 2026. Getty Images (L) | CNBC (R) The Los Angeles Lakers have sold — again. Less than a year after buying a controlling ownership stake in the…
Disney posted mixed quarterly results on Wednesday, far surpassing Wall Street expectations for earnings while slightly missing estimates for revenue. The company’s quarterly results were once again lifted by its parks and streaming divisions. Revenue for Disney’s experiences segment, which includes global theme parks and cruises, was up 10% year over year to $9.97 billion….
Spend a day at Shanghai Disneyland and you wouldn’t know Chinese consumers are struggling. Wang Jiandong and his girlfriend Yan Xu said they have been skipping meals out and scrimping on day-to-day necessities so they could afford to enjoy the park. “We save in our daily lives so we can spend more on trips,” Wang…
Josh D’Amaro, chairman of Disney Experiences, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed land on December 19, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Disney will release its fiscal second-quarter results before the bell Wednesday. It will mark the first earnings call led by Josh D’Amaro…
Just a month after stepping down as Disney CEO, Bob Iger is returning to Thrive Capital as an advisor, a role he held for nearly two decades. Iger had previously been given a two-month stint as a venture partner at the firm in late 2022, but following his initial departure from the company in 2020,…
In an aerial view, the Netflix logo is displayed above Netflix corporate offices on October 7, 2025 in Los Angeles, California. Mario Tama | Getty Images There’s a love affair on Wall Street between investors and streaming. The romance started about a decade ago when consumers began cutting the cord with cable TV bundles en…
People gather at the Magic Kingdom theme park before the “Festival of Fantasy” parade at Walt Disney World in Orlando, Florida, U.S. July 30, 2022. Octavio Jones | Reuters Disney is planning to begin its next phase of cost cutting, which will include as many as 1,000 layoffs, according to a person familiar with the…
Larissa Manoela and Josh D’Amaro, Chairperson of Walt Disney Parks and Resorts, wave to the audience after Panel Disney Experiences during Day 2 of the D23 Brazil: A Disney Experience at Transamerica Expo Center on November 09, 2024 in Sao Paulo, Brazil. Ricardo Moreira | Getty Images Disney is turning the page on a new…
