Disney Plus will put an end to password sharing with people outside the household from September. User might have to pay for sharing subscriptions with non-household members
Disney returned to a profitable third quarter as its combined streaming business started making money for the first time and the movie Inside Out 2 did well in theatres. Operating income for the entertainment segment nearly tripled to USD 1.2 billion thanks to better performances from its direct-to-consumer and content sales/licensing and Other segments. The Walt Disney Co. said Wednesday that its direct-to-consumer business, which includes Disney+ and Hulu, reported a quarterly operating loss of USD 19 million, which was smaller than its loss of USD 505 million a year earlier. Revenue climbed 15 per cent to USD 5.81 billion. For the period ended June 29, Disney earned USD 2.62 billion, or USD 1.43 per share. A year earlier it lost USD 460 million, or 25 cents per share. Stripping out one-time gains, earnings were USD 1.39 per share, easily topping the USD 1.20 analysts polled by Zacks Investment Research expected. Revenue for the Burbank, California, company rose 4 per cent to US
The tournament will be broadcast exclusively on the Disney Star network and can be streamed free of charge to mobile users on Disney+ Hotstar
Disney had bought digital and streaming rights to show the International Cricket Council's tournaments in India from 2024 to 2027 by paying around $3 billion
Before Cricket WC 2023 began, Disney Star wanted to make Rs 31 lakh per 10-second ad slot for matches featuring India. However, advertisers struck a deal to pay Rs 22-25 lakh for such matches
Ind vs NZ semi-final: As Kohli and Shami were writing the history at Wankhede Stadium, Mumbai, another one was being made on the top-right corner of the Disney + Hotstar stream
Asia Cup 2023 is set to take place from August 30 to September 17 and the tournament will be broadcast live on Star Sports Network and Disney+ Hotstar
The India streaming operations, which were Disney's biggest last year globally by users, posted a loss of $41.5 million on revenue of $390 million for the year to March 2022, its last disclosed result
With the acquisition of Star India in 2019, Disney became India's biggest television broadcaster. But now it is looking for strategic options for the biz
The seven matches in Week 6 crossed a peak concurrency of three crore with the MI vs RCB match registering a peak concurrency of 4.7 crore, the highest for week 6
Disney Star won the deal following a single round sealed bid process and will be the home of all ICC cricket in India for the next four years
Bharti Airtel on Thursday hiked prices of mobile prepaid and home broadband plans that come bundled with Disney+Hotstar subscription due to changes in pricing made by entertainment app
It has hired a gaming executive, Mike Verdu, formerly of Electronic Arts and Facebook, to oversee its development of new games
Disney's public explanation for choosing Star over Hulu overseas focused on a marketing issue
On Monday, he ascended to a top job at the dominant force in comic-book lore -- and many other forms of entertainment -- Walt Disney Co
The company is putting its TV networks, film studio and direct-to-consumer divisions inside one big group called Media and Entertainment, Disney said on Monday
Mayer led the successful launch of the Disney+ streaming service in November but in February was passed over as Disney's new chief executive
The announcement was made by Disney CEO Robert Iger during the company's quarterly earnings call on Tuesday
Disney said its system hasn't been hacked and that it's working to quickly address the issue
In May Netflix made a rare acquisition, of the children's media brand StoryBots, for an undisclosed sum. In July it announced seven new series targeting preschoolers.