After kicking off a wave of cord-cutting anxiety and media-stock bloodletting on Wall Street in early August by lowering its guidance for ESPN, Walt Disney Company chief executive Bob Iger had more reassuring news during his conglomerate's fourth quarter earnings call.
ESPN's YouTube channels are going dark amid the launch of Google's new YouTube Red subscription platform.
ESPN confirmed today that will lay off about 300 employees, or about 4 percent of its 8,000-member workforce.
Disney-owned television network ABC Family is changing its name to "Freeform" in January, a move it says will better reflect its content offerings and its audience's multiscreen viewing behaviors.
Could Latin America be getting the chance to stream the older Star Wars films on Netflix? According to a report by The Wall Street Journal, the SVOD provider is negotiating streaming rights for five of the six films with the Walt Disney Co.
Netflix is about to go almost all-in on original content: the top SVOD provider's five-year licensing deal with Epix has lapsed, meaning that major movies like The Hunger Games: Catching Fire and Transformers: Age of Extinction are off subscribers' plates. But Netflix's executives haven't been all that fussed about the loss of such popular content, even as analysts have fretted.
Maker Studios' payout from Disney, a year after its acquisition, will be somewhat smaller than the potential $450 million that was on the table at the deal signing. The multichannel networks' backers will instead see a just $105 million of an initial earn-out that could have reached $200 million.
Delivering the first update on its groundbreaking "skinny bundling" strategy in nearly three months, Verizon said around 9,000 new subscribers signed on for its FiOS Custom TV video bundles.
Just as Huawei touted its contributions to the European 5G Public Private Partnership (5G-PPP) initiative, it announced a string of 4.5G and 5G-related achievements, including one in which it will deploy new services based on 4.5G for the Shanghai Disney Resort and China Unicom Shanghai.
ESPN has lost around 3.2 million subscribers in a little more than a year, and 7.2 percent of its customer base since July 2011, as pay-TV users abandon their services or cut them back to cheaper skinny bundles.