The Walt Disney Co. has purchased a one-third stake in premiere live-streaming enabler Major League Baseball Advanced Media (MLBAM).
Netflix is setting its lineup for the summer and well into the fall, with a slate of exclusive content scheduled thanks to its relationship with Disney and its related properties-- a deal that will lock out Starz and Amazon from new Disney movies and potentially make the ongoing content licensing battle red hot.
Disney CEO Bob Iger is pumped for Hulu's upcoming streaming TV service in part because of the leverage it will help provide in negotiating carriage deals with pay-TV providers.
Disney said its ESPN network grew revenue by 4 percent in the first quarter, a number analysts said is too low and driven by rate increases, not subscriber growth.
Comcast is in discussions to buy DreamWorks Animation SKG Inc. in a deal valued at around $3 billion, the Wall Street Journal reports.
Comcast has entered into an agreement with The Walt Disney Company to sell the studios feature films digitally through its Xfinity On Demand transactional store.
After declining by around 7.2 million subscribers over the last three years, ESPN's audience erosion has abated, at least for now, said Bob Iger, CEO of parent corporation, the Walt Disney Company.
Cable network ABC Family went ahead with its planned rebranding and changed its name to Freeform. In tandem with the new moniker, ABC launched a mobile app that features the first two episodes of the network's newest series, Shadowhunters.
Despite a steady stream of bad news about its subscriber metrics in 2015, ESPN appears poised to grow its advertising revenue in 2016.
Despite the record-breaking $517 billion worldwide performance of its new Star Wars movie, the Walt Disney Co. finds itself once again reeling on Wall Street due to the struggles of its suddenly faltering ESPN networks.