A US judge on Tuesday will hold a hearing on Walt Disney's lawsuit seeking to block the Federal Communications Commission's early review of licenses for the firm's eight company-owned ABC stations.
Horacio Gutiérrez battled regulators at Microsoft and took on Apple at Spotify. Now he's leading Disney's First Amendment clash with the Trump administration.
MassMutual Private Wealth and Trust FSB cut its holdings in The Walt Disney Company (NYSE: DIS) by 45.3% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,664 shares of the entertainment giant's stock after selling 14,638
Disney's stock price has climbed 14% over the past six months, but shares remain cheap. Success at the streaming and experiences segments is alleviating the secular decline of cable TV.
Disney agreed to license a slate of movies and TV shows to Netflix , including existing "Ice Age" films as well as "Percy Jackson and the Olympians" and "Will Trent" series, the companies said on Friday.
Walt Disney Co (NYSE:DIS, XETRA:WDP) is laying off around 300 employees under CEO Josh D'Amaro as it cuts costs to invest in growth, according to a person familiar with the matter. The latest reductions mainly affect human resources and technology roles, the person said, speaking anonymously because they were not authorized to comment publicly.