News

CEO Bob Iger Announces Joint Hulu and Disney+ Streaming Service. What Does It Mean for Investors?

The media giant is simplifying its direct-to-consumer offering -- and taking away a closely watched measure of its success.

Disney+ and Hulu are merging and it could save $3 billion

Speculation has been mounting inside the media giant that Disney+ could gobble up the Hulu brand altogether.

A rally for Apple leads Wall Street higher

NEW YORK (AP) — A rally for Apple led Wall Street higher on Wednesday as U.S. stocks reclaimed more of their sharp losses ...

Disney Revenue and Profits Rise as It’s “Experimenting Like Crazy” in New Streaming Push

The blockbuster deal with the NFL and a new deal with the WWE are key pieces to the ESPN part of Disney's streaming strategy.

Disney Sees Theme Park & Streaming Profit, Studio Red Ink In FYQ2 Amid Flurry Of ESPN News

Disney’s theme parks, which had a few wobbly quarters, blew past Wall Street estimates as streaming profits advanced in the ...

Disney tops earnings forecasts with streaming gains, raises guidance

Walt Disney posted better-than-expected quarterly results and raised its annual profit forecast on Wednesday, led by gains in ...

Disney stock slides amid sharp decline in linear TV business as outlook fails to impress

Disney delivered stronger-than-expected earnings, raised its profit outlook, and confirmed a key NFL deal for ESPN, signaling ...

Wall Street holds steady following mixed profit reports from McDonald’s, Disney and Shopify

The mixed trading continues a cooldown for the U.S. stock market after it swung from its worst day since May on Friday to its ...