Disney+ is the latest streaming service to introduce a way for friends and family to watch movies and TV together while in different locations. With the pandemic closing movie theaters and making any kind of indoor socializing pretty risky, the Netflix Party Chrome extension has become the main way I watch TV with friends. Netflix Party…
Walt Disney will post a loss when it reports earnings on Tuesday. The entertainment giant’s cruises and amusement parks business is among the hardest hit by the pandemic. Its flagship video streaming service will not help matters despite its massive growth. Walt Disney (NYSE:DIS) will release its third-quarter financial results on August 4. Based on…
Disney World has closed a mask loophole, banning park visitors from eating and drinking while they walk as a means to encourage attendees to wear masks. “Face coverings are required for all Guests (ages 2 and up) and Cast Members,” reads Disney World’s official policy. “Please bring your own face coverings and wear them at all…
Abigail Disney is asking the government to raise taxes on billionaires to pay for pandemic costs. Her call for a wealth tax ignited a debate on Twitter. A wealth tax could be a good way to reduce the gap between the rich and the poor if the money is spent in the right places. Abigail…
Calls are mounting for Disney to fire Jimmy Kimmel, amid controversy surrounding the host’s use of blackface and the n-word. Kimmel’s misdemeanors date back decades, yet networks have fired other people for less. The calls against Kimmel are politically motivated in part, with Fox News digging up Kimmel’s use of the n-word from 1996. Jimmy…
Kevin Mayer, head of The Walt Disney Company’s direct-to-consumer and international business, is departing to become CEO of TikTok, as well as COO of the popular video app’s parent company ByteDance. Founder Yiming Zhang will continue to serve as ByteDance CEO, while TikTok President Alex Zhu (formerly the co-founder of the predecessor app Musical.ly) becomes…
UFC 249, which was scheduled to go ahead despite all other sporting events shutting down, has finally been canceled. Despite UFC President Dana White telling everyone the fight would happen, he was closed down by Disney. As of now, all UFC events are on hold. Dana White isn’t the type to quietly accept what he’s…
Investors added more than $20 billion to Disney’s market cap on news that its streaming service surpassed 50 million subscribers. That’s not nearly enough to offset the revenue losses its parks segment will suffer as a result of coronavirus. It’s unclear whether the bulk of those subscribers will quit once lockdowns have lifted. This week…
We finally know just about how many subscribers Hotstar has amassed over the years in India. “Approximately 8 million.” Disney said on Wednesday that its eponymous streaming service now has over 50 million subscribers, nearly 8 million of whom are in India, where it launched its service atop Hotstar less than a week ago. Five-year-old Hotstar…
The Walt Disney Company just announced that its streaming service Disney+ has more than 50 million subscribers. The service launched less than five months ago, and apparently had 28.6 million subscribers as of February 3. These “paid subscriber” numbers include subscribers who are bringing in revenue for Disney but are not paying for the service…
