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Tag: disney
Disney+ hits nearly 74 mln subscribers in first year
2020-11-13 11:39:00| Telecompaper Headlines
(Telecompaper) Total Disney revenues were down 23 percent year-on-year to USD 14.71 billion, due above all to a USD 3.1 billion Covid hit in Q3 alone, although the company's media networks division, including cable and broadcasting, saw revenues for the quarter climb 11 percent to USD 7.21 billion thanks to higher advertising revenue and lower programming costs.
Tags: year
hits
disney
subscribers
Disney reorganises entertainment business to focus more sharply on streaming
2020-10-13 09:48:00| Telecompaper Headlines
(Telecompaper) Disney is reorganising its media and entertainment business, with attention going more on its streaming services, such as the successfully launched Disney+. Under the new structure, the company wants to sharpen its focus on developing and producing original content for its streaming services as well as for its legacy platforms. Distribution and commercialisation activities will meanwhile get centralised into a single, global Media and Entertainment Distribution group, also responsible for ad sales and for overseeing operations around streaming services. Disney CEO Bob Chapek said the idea is have the company's creative teams make "world-class, franchise-based content, while our newly centralised global distribution team will focus on delivering and monetising that content in the most optimal way across all platforms, including Disney+, Hulu, ESPN+ and the coming Star international streaming service."
Tags: business
entertainment
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disney
Disney+ reaches over 10% of Nordic households in first 2 weeks
2020-10-06 11:56:00| Telecompaper Headlines
(Telecompaper) Approximately 450,000 Swedish households are now paying for a subscription to Disney+, after the streaming service went live in Nordic countries on 15 September, according to consultancy Mediavision. It estimates that more than 10 percent of households in the Nordic region have a Disney+ subscription. Mediavision said its analysis shows that Disney+ has a top position in the regional SVoD market only two weeks after its launch.
Tags: weeks
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nordic
Netflix, Disney+ expand on Dutch video market, Fox Sports sees demand pick up
2020-10-05 10:13:00| Telecompaper Headlines
(Telecompaper) Netflix leads the Dutch video streaming market for several years, helped by its first-mover advantage. Nevertheless, its growth is far from over, as many consumers still plan to subscribe to the service in the coming months, research by Telecompaper found. Six percent of Dutch households without a Netflix subscription plan to take one in the next six months, according to the Q2 'Video behaviour of Dutch consumers' report.
Disney lays off 28,000 at US theme parks
2020-09-30 04:36:46| BBC News | Business | UK Edition
Prolonged closures and limited capacity at the parks has forced the company to cut its workforce.
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