Walt Disney Co
Movie theater stocks soar after record-breaking Memorial Day box office
Still from Disney’s newest live-action remake “Lilo & Stitch.” Disney Shares of movie theater companies soared on Tuesday following a record-breaking Memorial Day Weekend at the domestic box office. AMC saw its stock jump more than 20%, while shares of Marcus Theatres’ parent company Marcus Corporation climbed 8% and Cinemark stock leaped 2.5%. The tandem […]
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Disney seeks to stop YouTube from hiring veteran to oversee sports and media
Disney logo is seen on the store in Rome, Italy on May 10, 2025. Nurphoto | Nurphoto | Getty Images Walt Disney seeks to stop Alphabet’s YouTube, which announced Thursday that it has appointed long-time executive Justin Connolly as its global head of media and sports. Disney filed a lawsuit against YouTube in a state court in Los Angeles late Wednesday to stop the appointment, alleging breach of contract, […]
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Universal leans into theme parks with multibillion dollar Epic Universe, even as economic uncertainty looms
The entrance portal to the Epic Universe theme park in Orlando, Florida, US, on Saturday, April 5, 2025. Thomas Simonetti | Bloomberg | Getty Images ORLANDO, Florida — With the grand opening of Epic Universe on Thursday, Comcast is positioning its Universal Studios Orlando Resort as a destination, not a pit stop. For years, Universal’s […]
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Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
Alexis Ohanian, Principal Owner, Angel City Football Club & Los Angeles Golf Club, looks on during a conversation with Olympic sprinter Gabby Thomas during the Business of Women Sport Summit presented by Deep Blue Sports and Axios at Chelsea Factory on April 23, 2024 in New York City. Elsa | Getty Images Reddit co-founder Alexis […]
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Healthy Returns: Trump provides a glimpse of the third round of Medicare drug price negotiations
In a photo illustration, prescription drugs are seen next to a pill bottle on July 23, 2024 in New York City. Spencer Platt | Getty Images News | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to […]
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WBD is renaming streamer Max as HBO Max, again
Scene from season 3 of White Lotus. Source: HBO HBO became HBO Max became Max. Now, it will be HBO Max once more. Warner Bros. Discovery is renaming its streaming platform again starting this summer, restoring a name it ditched just two years ago. The company announced the rebranding Wednesday during its upfront presentation in […]
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Video podcasts are having a moment at media upfronts
Jason and Travis Kelce with Dunkin Donuts on the New Heights podcast. Courtesy: Wondery Amazon’s second-ever Upfronts pitch to advertisers this week featured an appearance by NFL champion brothers Jason and Travis Kelce. They weren’t there to hype live football rights. While Amazon’s Prime owns the media rights to the NFL’s Thursday Night Football games […]
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Stock futures are flat on Tuesday with Nasdaq riding five-day winning streak: Live updates
Traders work on the floor at the New York Stock Exchange on May 7, 2025. Brendan McDermid | Reuters Stock futures were little changed on Tuesday evening as Wall Street looks to extend a strong start to the week. Futures tied to the S&P 500 dipped less than 0.1%. Nasdaq 100 futures ticked down about […]
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ESPN’s new all-access streaming app will cost $29.99 per month
ESPN’s new streaming application, featuring everything the sports media arm of Disney has to offer, will cost $29.99 per month. The service, which will take the ESPN name, as CNBC reported last week, will be heavily discounted when bundled with Disney’s other streaming services, Disney+ and Hulu. The three services, with ads, will cost $35.99 […]
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Fox streaming service to be called Fox One, launch before NFL season
Marquee at the main entrance to the FOX News Headquarters at NewsCorp Building in Manhattan. Erik Mcgregor | Lightrocket | Getty Images Fox Corp. will launch its direct-to-consumer streaming service, to be called Fox One, ahead of the National Football League season later this year. Fox CEO Lachlan Murdoch unveiled the name and timing of […]
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