[ad_1] March Madness branded Powerade bottles before the game between the Maryland Terrapins and the South Carolina Gamecocks during the Elite Eight round of the 2023 NCAA Women’s Basketball Tournament held at Bon Secours Wellness Arena in Greenville, South Carolina, on March 27, 2023. Grant Halverson | NCAA Photos | …
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Disney’s parks are its top money maker — and it plans to spend $60 billion to keep it that way
[ad_1] Visitors wearing emblematic Mickey Mouse and Minnie Mouse ears walk in front of the Sleeping Beauty-inspired castle at Disneyland Paris, Oct. 16, 2023. Ian Langsdon | Afp | Getty Images Three years ago, Josh D’Amaro stood in a nearly empty Disneyland. The California theme park’s Main Street was quiet: no …
Read More »Skydance’s unique offer for Paramount Global would give it a large stake while keeping the company public
[ad_1] Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Mike Blake | Reuters Skydance Media’s offer to acquire National Amusements and merge its studio with Paramount Pictures isn’t a conventional takeover. The question for Paramount Global shareholders …
Read More »Disney wins proxy fight with Nelson Peltz’s Trian Partners, as shareholders reelect full board
[ad_1] Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Disney shareholders on Wednesday reelected the media conglomerate’s full board, preliminary results show, handing a stinging defeat to activist Nelson Peltz …
Read More »Disney’s largest shareholder Vanguard reportedly backing management over Peltz in board fight
[ad_1] Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in Shanghai, China. Visual China Group | Getty Images Disney’s largest shareholder, index fund manager Vanguard, plans to support management over …
Read More »Two Warner Bros. Discovery directors resign after antitrust probe
[ad_1] The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began its strike against the Alliance of Motion Pictures and Television Producers, in Atlanta, Georgia, on May 2, 2023. Alyssa Pointer | Reuters Two Warner Bros. Discovery directors, Steven Miron and Steven …
Read More »How Dana Walden could defy critics and become Disney’s first female CEO
[ad_1] Dana Walden, co-chair of Disney Entertainment Rich Polk | Getty Images In 1994, a captain of the media and entertainment industry saw something in Dana Walden that made him think she was capable of a bigger role. Thirty years later, that may happen again. That first time, the executive …
Read More »Nelson Peltz withholds votes from Disney CEO Bob Iger in proxy battle
[ad_1] Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit in Miami, Florida, US, on Thursday, March 30, 2023. Marco Bello | Bloomberg | Getty Images Nelson Peltz’s Trian Fund Management withheld its votes from Walt Disney CEO Bob …
Read More »Fanatics fires back at DraftKings’ claims of corporate espionage in bitter legal battle
[ad_1] Fanatics founder and CEO Michael Rubin at his office in New York. The Washington Post | Getty Images Sports merchandise giant Fanatics is firing back against sportsbook giant DraftKings in an ongoing legal fight over Fanatics’ hiring of a top DraftKings executive. In a legal brief filed late Thursday …
Read More »ESPN’s model is eroding. Past and present execs are split on how it can protect its dominance
[ad_1] Disney‘s ESPN is at a crossroads. For more than 40 years, the world’s largest all-sports network has grown annual revenue by increasing cable subscription fees. ESPN first charged pay-TV distributors less than $1 per month per subscriber in the 1980s. In 2023, ESPN’s monthly carriage fee was $9.42 per …
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