Agatha All Along
Disney nears tipping point as streaming profits start to offset cable decline
Bob Iger returned to Walt Disney (DIS.N), as CEO in 2022 with a bold promise of making streaming profitable.
AJ Bell
Disney to name CEO Bob Iger’s replacement in 2026, taps Morgan Stanley’s Gorman as chair
Walt Disney named Morgan Stanley veteran James Gorman as chair and said it would announce a replacement for CEO Bob Iger in early 2026.
Abbott Elementary
‘Shogun’ leads Emmys drama race, ‘The Bear’ seeks comedy repeat
Emmy voters will reveal their selection on Sunday at a red-carpet ceremony where historical epic “Shogun” enters as the favorite.
ABC
Disney and DirecTV aim to renew deal ahead of NFL season
Walt Disney and DirecTV are racing to renew their distribution agreement before the current pact expires on Sunday.
ad-supported plan
Netflix upfront ad commitments surge as NFL games, Squid Game boost appeal
Netflix saw a more than 150% surge in upfront ad commitments for this year thanks in part to the NFL games coming on Christmas Day.
antitrust practices
US judge delays launch of sports streaming venture from Disney, media giants
A U.S. judge temporarily blocked the launch of a new sports streaming service backed by three media giants, Walt Disney, Fox and Warner Bros Discovery.
$38.5 million
Marvel’s ‘Deadpool & Wolverine’ sets record on opening day
The Marvel duo of “Deadpool & Wolverine” grabbed $38.5 million at U.S. and Canadian box offices in the first screenings of the film on Thursday.
Amazon.com
Warner Bros Discovery to sue NBA over bid for broadcast rights, source says
The NBA rejected an offer from TNT – ending four decades of partnership – and announced new agreements with ESPN, NBCUniversal and Amazon.
anxiety
‘Inside Out 2’ domestic box office debuts at $155 mln
The Friday through Sunday tally topped the $82.5 million brought in by “Dune: Part Two” in March.
10-for-one stock split
Nvidia’s split of soaring stock could boost retail investor appeal, Dow chances
Nvidia shares were soaring 10% afternoon after the company announced a 10-for-one stock split as part of a blockbuster quarterly report.