Macquarie Downgrades Walt Disney (DIS) to Neutral, 'Current difficulties cloud long-term potential'
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Walt Disney (DIS) option IV low as shares near low end of range
May 19, 2023 5:19 AM EDTWalt Disney (NYSE: DIS) 30-day option implied volatility is at 24; compared to its 52-week range of 24 to 49.
... MoreDisney to close Star Wars hotel that opened in Florida last year
May 18, 2023 6:02 PM EDTBy Lisa Richwine
LOS ANGELES (Reuters) - Walt Disney Co will shutter its immersive Star Wars-themed luxury hotel in Orlando this September, less than two years after it opened, as the media giant cuts costs throughout its entertainment and parks businesses.
Disney announced the closing of the two-night "Star Wars: Galactic Starcruiser" hotel and experience on Thursday but did not provide a... More
Disney (DIS) To Shutter Star Wars-themed Hotel In Florida - Bloomberg
May 18, 2023 3:15 PM EDTDisney To Shutter Star Wars-themed Hotel In Florida - Bloomberg
... MoreDisney cancels plans for $1 billion campus, 2,000 jobs in Florida
May 18, 2023 2:19 PM EDTBy Dawn Chmielewski and Lisa Richwine
LOS ANGELES (Reuters) -Walt Disney Co is scrapping plans to build a nearly $1 billion corporate campus in central Florida that would have housed 2,000 employees, according to an e-mail to employees on Thursday, against the backdrop of its ongoing legal battle with Florida Governor Ron DeSantis.
Disney parks chief Josh D'Amaro said "changing business conditions" prompted Disney to reconsider its 2021 plan to relocate employees, including its Imagineers who design theme park rides, to a new campus in Lake Nona.
The company was expected to spend as much as $864 million on the... More
Disney (DIS) Cancels Plan To Move 2,000 Workers To Florida, Ends Plans to Build Florida Campus - Reports
May 18, 2023 2:16 PM EDTDisney Cancels Plan To Move 2,000 Workers To Florida, Ends Plans to Build Florida Campus - Reports
Reports from Bloomberg, WSJ... MoreESPN preparing to offer channel as subscription-based streaming service - WSJ
May 18, 2023 10:10 AM EDTWalt Disney's (NYSE: DIS) ESPN is preparing to offer its channel as a subscription-based streaming service in the coming years to those who have cut the cable cord, according to The Wall Street Journal.
Citing people familiar with the matter, the report states... More
ESPN Lays Plans to Stream Flagship Channel to Cord Cutters - WSJ
May 18, 2023 9:05 AM EDTESPN Lays Plans to Stream Flagship Channel to Cord Cutters - WSJ
... More