Latest Walt Disney Co News

Murdoch pulls plug on possible merger of News Corp., Fox

Jan. 25, 2023 07:19 AM EST

NEW YORK (AP) — Rupert Murdoch has pulled the plug on a proposal to bring back together his News Corp. and Fox Corp., saying the merger isn't coming at the right time for shareholders. In similar statements Tuesday, the companies said their boards received letters from Murdoch...

American Airlines, Walt Disney rise; KB Home, Logitech fall

Jan. 12, 2023 16:13 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Walt Disney Co., up $3.48 to $99.81. Activist investor Nelson Peltz is fighting for a seat on the board of the media giant, which owns ABC, ESPN and Disney Studios. ...

MLB hires executive from Sinclair, concerned with TV future

Jan. 12, 2023 13:53 PM EST

NEW YORK (AP) — Major League Baseball hired a high-ranking executive from the Sinclair Broadcast Group as the sport deals with concern over the future of regional sports networks in an era of cord-cutting. Billy Chambers will start with MLB on Feb. 1 in the newly created position...

Disney faces proxy fight as Peltz pushes to join board

Jan. 12, 2023 11:07 AM EST

Activist investor Nelson Peltz is fighting for a seat on the board of Walt Disney Co., claiming that the company is struggling with self-inflicted problems. Peltz's attempt to join Disney's board comes just months after the company brought back longtime CEO Bob Iger to lead Disney...

Disney tries to bring back the magic, unveils park changes

Jan. 11, 2023 11:38 AM EST

The Walt Disney Co. is making several changes at its domestic theme parks, including some easier reservations, in order to improve the public perception of its business. Among the changes: it will cease charging for overnight self-parking at its Walt Disney World resorts; Walt Disney...

‘Avatar 2’ makes waves with $134 million domestic debut

Dec. 18, 2022 14:22 PM EST

“ Avatar: The Way of Water ” didn’t make quite as big of a splash as many assumed it would, but James Cameron’s big budget spectacle still helped breathe life into the box office this weekend. The sequel earned $134 million from North American theaters and $300.5 million internationally for...

Iger back on top in a Disney plot twist that few saw coming

Nov. 21, 2022 17:05 PM EST

BURBANK, Calif. (AP) — Bob Iger, the enterprising entertainment executive who brought Star Wars, Pixar and Marvel under the Disney marquee and challenged the streaming dominance of Netflix, will replace his handpicked successor, CEO Bob Chapek, whose two-year tenure has been marked by clashes,...

New this week: 'Spirited,' Pokémon, 'Nope' and 'Slumberland'

Nov. 14, 2022 10:13 AM EST

Here’s a collection curated by The Associated Press’ entertainment journalists of what’s arriving on TV, streaming services and music and video game platforms this week. MOVIES — In “Nope,” Jordan Peele has once again made a rarity in Hollywood: a wholly...

Walt Disney, Redfin fall; Sprouts, Array rise

Nov. 09, 2022 16:23 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: SeaWorld Entertainment Inc., down $3.87 to $52.77. The theme park operator's third-quarter earnings and revenue fell short of Wall Street forecasts. The Walt Disney...