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Disney to sell regional Fox sports networks to Sinclair for $9.6 billion
Sat, May 04, 2019
Walt Disney Co said on Friday it would sell its interests in 21 regional sports networks and Fox College Sports to Sinclair Broadcast Group Inc for $9.6 billion, a deal that clears the way for its purchase of Twenty-First Century Fox Inc`s film and television assets.
Disney partners with Coca-Cola for the new 'Star Wars: Galaxy Edge' land
Mon, Apr 15, 2019
Disney is partnering with Coca-Cola to bring new customized Coca-bottlers to 'Star Wars' land 'Galaxy Edge'. Disney parks and resorts have partnered with soft drink manufacturer Coca-Cola to bring out new special containers of Coke to the Star Wars land, reported CNN. The new design is such that it matches the storyline of 'Galaxy's Edge'. The bottles will be made into a spherical droid-like shape.
Disney announces price and date of new streaming service
Fri, Apr 12, 2019
Disney said on Thursday its new family-friendly streaming service will cost $7 monthly or $70 annually with a slate of new and classic TV shows and movies from some of the world`s most popular entertainment franchises in a bid to challenge the digital dominance of Netflix.
With Disney's Aladdin, India's OOH entertainment industry gears up for Rs 10,000 crore leap
Mon, Dec 31, 2018
The industry got a major boost earlier this year with the release of BookMyShow’s maiden Broadway-style theatrical production, Disney’s Aladdin, which received a phenomenal response in Mumbai and Delhi.
The Lion King box office collection set for big boost as trailer makes second biggest debut ever
Sun, Nov 25, 2018
The Lion King box office collection is set for a major boost, if trailer success is anything to go by. After the trailer for the upcoming "The Lion King" remake made its debut earlier this week, it became the second most-viewed trailer debut from any studio in just 24 hours. Disney thereafter, thanked its "entire pride" for the love.
Bohemian Rhapsody Box Office collection: Freddie Mercury biopic’s worldwide tally sits at $141.7 million
Mon, Nov 05, 2018
There`s a new box office queen in town. Fox`s Freddie Mercury biopic "Bohemian Rhapsody" overperformed with a rocking $50 million when it debuted in 4,000 theaters. That was enough to dominate in North America over fellow newcomers "The Nutcracker and the Four Realms" and "Nobody`s Fool".
Comcast bags Sky for $40 billion, outbids Disney, Fox
Sun, Sep 23, 2018
Cable giant Comcast outbid 21st Century Fox and the Walt Disney Co. for Sky Television by offering nearly $40 billion for the satellite-TV service that boasts 23 million customers in five European countries.
Star Wars: The Last Jedi tops $1 billion worldwide at Box Office
Mon, Jan 01, 2018
Disney-Lucasfilm`s "Star Wars: The Last Jedi" has cleared the $1 billion milestone in worldwide grosses in less than three weeks.
Disney buying Fox film and TV units for $52 billion in digital push
Fri, Dec 15, 2017
The deal brings to a close more than half a century of expansion by Murdoch, 86, who turned a single Australian newspaper he inherited from his father at the age of 21 into one of the world`s most important global news and film conglomerates.
Disney deal set to value Fox at more than $75 billion: source
Thu, Dec 14, 2017
Under the terms of the all-stock deal, Fox assets that will be sold to Disney, including the Twentieth Century Fox movie and TV studio, cable networks and international operations will be valued at around $29 per share, the source said on Wednesday.
Coco repeats as box office winner with $26.1 million
Mon, Dec 04, 2017
Disney-Pixar`s animated comedy "Coco" easily repeated as the winner of the North American box office with a solid $26.1 million at 3,987 locations during a moderate weekend.
IT stocks slump 4% on concerns over H1-B visa
Fri, Jan 06, 2017
IT stocks fell as much as 4% on Friday amid concerns that a bill backing key changes in the H1-B Visa programme, that allows skilled workers from countries like India to fill high-tech jobs in the US, has been re-introduced in the US Congress.
Disney hits industry-first $7 billion at box office
Tue, Dec 20, 2016
A huge debut for "Rogue One" has seen Walt Disney Studios become the first distributor in history to hit $7 billion in annual global box office receipts, it said on Monday.
Disney sued for replacing American workers with Indians
Thu, Dec 15, 2016
A group of former Disney IT employees in the US state of Florida have filed a fresh lawsuit, claiming the company discriminated against them by firing them and giving their jobs to Indian workers brought to the country on H-1B visas.
Disney's 'Moana' tops North American movie charts
Mon, Nov 28, 2016
The animated sea-faring musical adventure "Moana" sailed to success in its debut weekend, taking in an estimated $55.5 million to top the North American box office, an industry group said on Sunday.
Disney enjoys best ever year at box office
Thu, Nov 03, 2016
"For the second year in a row, The Walt Disney Studios has reached a new high at the box office thanks to an absolutely stellar collection of releases from Disney, Disney Animation, Pixar, Marvel, and Lucasfilm," said studio chairman Alan Horn.
Profit-taking saps equity markets
Wed, Aug 10, 2016
Most of the world`s main stock markets ran into profit-taking Wednesday prompted by weak data, mixed earnings and a sliding dollar, but London hung on by a thread.
China gets its very own Disneyland
Thu, Jun 16, 2016
Entertainment giant Disney opened a massive theme park in Shanghai on Thursday, hoping to win over communist-ruled China`s growing middle class with the ultimate American cultural export.
'The Jungle Book' tramples competition at the US box office
Mon, May 02, 2016
Starring newcomer Neel Sethi as Mowgli, Hollywood heavyweights Bill Murray, Ben Kingsley and Idris Elba provide the voices of Baloo the bear, Bagheera the panther and Shere Khan the tiger.
Captain America: Civil War earns Rs 1,300 crore in foreign box sales in opening weekend
Mon, May 02, 2016
The superhero movie in its opening weekend overseas posted a massive foreign box office sales