Disney (DIS) Declares $0.84 Semi-Annual Dividend; 1.6% Yield

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Fox spirits and demons: China's tech giants splash out in cartoon arms race

June 23, 2018 7:09 PM EDT

By Pei Li, Anita Li and Adam Jourdan

HANGZHOU, China (Reuters) - Growing up in the Chinese port city of Dalian in the 1990s, Zhang Hongchang spent hours immersed in Japanese cartoons like Dragon Ball and Naruto.

China's home-grown cartoons paled in comparison to the Japanese anime series on television and in comic books that captured the imaginations of Zhang and his generation.

Today, Zhang is one of China's hottest cartoonists and at the forefront of a new wave of Chinese animation that is being driven by the country's technology and internet giants. His latest hit... More

Netflix communication head quits over 'insensitive' comment

June 22, 2018 5:25 PM EDT

(Reuters) - Netflix Inc (NASDAQ: NFLX) Chief Communications Officer Jonathan Friedland is leaving the video streaming company, a company spokesperson said on Friday without giving more details.

Friedland tweeted that he had spoken in an "insensitive" manner. "Leaders have to be beyond... More

Wall Street Week Ahead: Supercharged telecom sector could become investor favorite

June 22, 2018 7:05 AM EDT

By Noel Randewich

SAN FRANCISCO (Reuters) - An overhauled telecommunications sector featuring most of the so-called FANG stocks could debut as Wall Street's hottest bet when it kicks off in September, boosted by a rising wave of media and television acquisitions.

Long viewed as stodgy stocks for dividend-oriented investors, the telecom services sector will be renamed communications services and supercharged with the addition of Facebook (NASDAQ: FB), Netflix (NASDAQ: NFLX) and Google-owner Alphabet (NASDAQ:... More