Revenue for Disney’s entertainment segment – which includes the traditional TV networks, direct-to-consumer streaming and films – increased 14% year over year.
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Disney earnings offer hope that streaming can successfully supplant linear TV
Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal year 2024.
Continue readingDiamond Sports reaches key milestone toward exiting bankruptcy
A bankruptcy judge approved Diamond Sports’ reorganization plan on Thursday, paving the way for the regional sports networks’ owner to exit chapter 11.
Continue readingDrug costs, abortion, Obamacare: How Trump and Harris could change U.S. health care
Kamala Harris and Donald Trump are both pledging to make health care more affordable in the U.S., but have largely different approaches to doing so […]
Continue readingElections, hurricane damage and more: Here are four factors that will shape holiday shoppers’ purchases
A deal-hunting mindset, volatile weather and election distraction could influence holiday spending this year.
Continue readingStarbucks taps former Chipotle executive as global chief brand officer
In his first week on the job, CEO Brian Niccol said improving the company’s branding was one of his four priorities to turn around the […]
Continue readingSpirit Airlines extends debt refinancing deadline hours before expiration
Spirit Airlines on Friday again extended a deadline with its credit card processor to renegotiate more than $1 billion in debt.
Continue readingWatch maker Patek Philippe launches first new collection in 25 years
The new collection comes at a time when luxury watch prices have largely stabilized, fueled by strong demand.
Continue readingEmbraer CEO says jet maker studying possibilities for a new aircraft
The company is focusing on selling its E2 and regional jets and addressing supply chain issues, the CEO said.
Continue readingStellantis to sell, shutter large testing facility amid cost-cutting efforts
Stellantis’ Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona.
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