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The Latest Breaking News on Media

Disney Stock Continues Downtrend Amid Legal Battles And Market Concerns

Walt Disney Co (NYSE: DIS) falls 32% since Feb. 9 as legal battles and economic worries persist

Zenger

What is Spotify Supremium? Spotify CEO confirms plan is in the works

The new tier could offer higher quality audio, let you create playlists using AI, and let you listen to audiobooks for free

Evening Standard

Walt Disney Co. (DIS): What Does the Rest of September Look Like for This Entertainment Stock?

Walt Disney (DIS) is currently struggling with its streaming business and is operating at a loss. So, will it be wise to bet on DIS this month? Let’s discuss.

StockNews.com

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Disney tumbles after on plans to double Parks Investment to $60 billion

In a surprise move, Disney looks set to double its capital spending on theme parks and cruises, even as investors focus on continued losses in its media division.

The Street

Unpacking Walmart (WMT) – Buy or Hold Decision This Week?

With technological advancements and unyielding demand for everyday essentials, the grocery industry is poised to maintain a favorable spot. Retail giant Walmart Inc. (WMT) looks well-positioned to capitalize on the upcoming holiday season. Should investors buy or hold the grocery stock this week in such a scenario? Keep reading to…

StockNews.com

Disney higher as Raymond James starts coverage with bullish streaming outlook

Disney is accelerating its streaming transition with the sale of its linear networks as it continues to follow the newly-designed path of interim CEO Bob Iger.

The Street

Disney gains as bidders, including Byron Allen, vie for ABC network

Multiple reports suggest media mogul Byron Allen is preparing a $10 billion bid to buy Disney's ABC network, as well as other linear cable assets.

The Street

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Broadcasters Rally As Disney Discusses Cutting The Cord

Disney stock rises on reports of early discussions to sell its ABC assets to local broadcaster Nexstar. NXST stock jumps on news.

Investors Business Daily

What is Spotify Showcase and how does it work?

The streaming service will allow artists to pay to be featured on its homepage in the coming weeks

Evening Standard

Taylor Swift specialist reporter is now a real job title

Job ad seeks a writer, photographer and social media whiz to cover Swift’s Eras tour and beyond

The Independent UK

Spotify launches Daylist, a new kind of playlist

Spotify’s latest playlist initiative tries to tap into your mood at different times of the day

Evening Standard

Spotify CEO Daniel Ek denies existence of alleged artist streaming scheme

Spotify co-founder joked that his playlist would be full of his own music if the scheme did work

The Independent UK

Disney Stock: NFL Fans Breathe Sigh Of Relief As Disney, Charter End Blackout

Disney stock, Charter shares rose after the two media companies reached a deal to end their blackout, just in time for Monday Night Football.

Investors Business Daily

Disney Shifts Gears In DeSantis Lawsuit Focusing On First Amendment Rights

The Walt Disney Company is shifting its focus on the violation of the First Amendment by the Florida governor.

Zenger

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Kiplinger

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

Walmart stock has been a buy-and-hold bust over the past couple of decades.

StockNews.com

Airbnb (ABNB): Is This Travel Stock a Buy in September 2023?

While Airbnb (ABNB) is garnering investors’ attention as it is set to join the S&P 500, New York City’s crackdown on Airbnb is creating near-term uncertainties for the company. So, is ABNB worth buying now? Keep reading.

The Independent UK

Disney, Spectrum direct customers to other TV services as dispute keeping ESPN off air continues

A business dispute that has pulled ESPN and other Disney-owned companies off the air for nearly 15 million cable TV subscribers continues, with both companies taking the unusual step of directing customers to look elsewhere for their favorite networks

The Street

Disney doubles down on Spectrum dispute with call to sign up for Hulu

Disney is showing no sign of letting up in its carriage dispute with Charter-owned Spectrum as it urges customers to sign up for its Hulu streaming platform.

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The Independent UK

Disney wants to narrow the scope of its lawsuit against DeSantis to free speech claim

Disney wants to narrow the scope of its federal lawsuit against Gov. Ron DeSantis to just a free speech claim that the Florida governor retaliated against the company because of its public opposition to a state law banning classroom lessons on sexual orientation and gender identity in early grades

The Independent UK

Ahead of big sports weekend, dispute with Disney leaves millions of cable subscribers in the dark

A dispute between Disney and Charter Communications has left nearly 15 million Spectrum TV cable television subscribers without some of their favorite networks

The Independent UK

ESPN networks go dark on Charter Spectrum cable systems on busy night for sports

ESPN is among a number of Disney Entertainment channels that have gone dark on Charter Spectrum cable systems

The Independent UK

Not so Great: TV viewers furious as Hulu cancels its ‘best’ series

‘This show was the absolute best it had to offer,’ one perplexed fan wrote

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.

Broadcasting & Cable

TelevisaUnivision Sets New Local Ad Sales Structure With Unit for Agency Holding Companies

Lineup aims to gain deeper relationships with clients and faster responses

The Hindu

Disney gambles on free cricket to turn the tables in streaming war

Disney attempts to revive India streaming business by offering free cricket on smartphones to boost ad revenue and offset subscriber exodus. Despite acquiring Hotstar in 2019, Disney misjudged Indians' willingness to pay and saw user base drop by a third. To regain traction, Disney is streaming Asia Cup and World…

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