Welcome to our dedicated page for Walt Disney news (Ticker: DIS), a resource for investors and traders seeking the latest updates and insights on Walt Disney stock.
The Walt Disney Company (NYSE: DIS) regularly issues news and disclosures that reflect its role as a diversified international entertainment and media enterprise with three business segments: Entertainment, Sports, and Experiences. News about Disney often centers on developments in these segments, including streaming, sports broadcasting, theme parks, cruises, consumer products, and corporate initiatives.
Recent press releases highlight a range of topics. Disney has announced the creation of a new enterprise marketing and brand organization, with Asad Ayaz named Chief Marketing and Brand Officer to lead a unified marketing structure across the company’s businesses. The company also communicates scheduling for live audio webcasts where executives discuss fiscal quarter and full-year financial results, with earnings materials posted for investors.
Corporate governance and leadership updates are another recurring news theme. Disney has reported the Board’s nomination of Jeffrey E. Williams, former Chief Operating Officer of Apple Inc., for election as an independent director, and has disclosed amendments to employment agreements for senior executives in areas such as finance, legal, communications, and human resources.
Strategic partnerships and collaborations feature prominently in Disney’s news flow. A joint announcement with FuboTV Inc. details the closing of a transaction combining Fubo’s business with Disney’s Hulu + Live TV business, creating a larger vMVPD platform while maintaining Fubo and Hulu + Live TV as separate offerings. Another joint release with OpenAI describes a three-year licensing agreement that allows Sora to generate short videos using Disney, Marvel, Pixar, and Star Wars characters, and outlines Disney’s plans to use OpenAI’s APIs and deploy ChatGPT for employees.
Disney-related news also covers branded experiences and consumer products. For example, Disney Consumer Products has announced a collaboration with Formula 1, including the “Fuel the Magic” campaign and a Disney x Formula 1 merchandise line tied to the Las Vegas Grand Prix. Together, these updates give investors and followers of DIS stock insight into Disney’s segment performance, partnerships, organizational changes, and brand-focused initiatives.
The Walt Disney Company has revealed six companies joining the 2022 Disney Accelerator, aimed at fostering innovative growth in immersive technologies such as augmented reality, NFTs, and AI. The program, starting this week, will provide participants with mentorship and guidance from Disney's senior leadership, concluding with a Demo Day in fall at The Walt Disney Studios in Burbank, CA. The selected companies include Flickplay, Inworld, Lockerverse, Obsess, Polygon, and Red 6, all focused on creating next-generation storytelling and immersive experiences.
Disney Music Emporium will return to D23 Expo 2022, offering exclusive products including 12-inch colored vinyl albums for The Mandalorian Season 1 and Music from WandaVision. The pop-up store will feature limited quantities of 24 new music products, including 10 exclusive items. Notable highlights include the Disney For Scores podcast live event and a Disney Princess – The Concert performance. The expo takes place from September 9-11, showcasing Disney's music legacy and collectible items.
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The Walt Disney Company (NYSE: DIS) will announce its fiscal third quarter 2022 financial results on August 10, 2022, after market close. A live audio webcast to discuss these results will take place at 4:30 p.m. ET / 1:30 p.m. PT on the same day. Investors can access the webcast via the Disney Investor Relations website.
The Walt Disney Company (NYSE: DIS) has extended CEO Bob Chapek's contract for three more years, as announced by the Board of Directors in Lake Buena Vista, Florida. Under Chapek's leadership during the pandemic, Disney's business segments, including parks and streaming, have reportedly emerged stronger. Chapek, who has nearly 30 years of experience at Disney, emphasized his commitment to enhancing storytelling and innovation as Disney navigates its growth and transformation in the entertainment industry.
The D23 Expo 2022, held from September 9 to 11 in Anaheim, California, showcases exclusive merchandise from Disney, Pixar, Marvel, and Star Wars, celebrating Disney's 100th Anniversary. The D23 Expo Marketplace, spanning 27,000 square feet, will feature limited-edition items and special collections. Attendees can explore three unique retail spaces at Mickey's of Glendale and shop for exclusive books from Disney Publishing. Single-day tickets are available for $99 for adults and $79 for children. This event promises a blend of shopping, presentations, and interactive experiences for Disney fans.
The Walt Disney Company announced its participation in the D23 Expo from September 9-11, featuring the new exhibit 'Walt Disney Archives presents Step in Time', celebrating nearly 100 years of Disney history. The interactive exhibition will showcase immersive environments and iconic moments from Disney films and television. Attendees can also see Walt Disney’s Grumman Gulfstream I airplane and participate in panels hosted by Disney legends. Single-day tickets are available for $99 for adults and $79 for children, with Gold Members receiving a discount.
The D23 Expo 2022, starting on September 9, celebrates Disney's 100 years with a lineup of presentations, including the Disney Legends Awards and previews from Disney animation, Marvel, and Lucasfilm. Highlights include sneak peeks at theatrical releases and Disney+ titles. Single-day tickets range from $79 for children to $99 for adults. Limited tickets are available, and major events will occur in Hall D23 at the Anaheim Convention Center, including a special performance of Disney Princess – The Concert and insights from Disney leadership.
The Walt Disney Company (NYSE: DIS) has appointed Dana Walden as Chairman of Disney General Entertainment Content, effective immediately. Walden succeeds Peter Rice and will oversee programming for Disney's streaming platforms and cable networks, including ABC and Hulu. Under her leadership, ABC has been the top entertainment network for three consecutive seasons. Walden, who joined Disney in 2019 through the acquisition of 21st Century Fox, has been credited with producing numerous successful shows and has received multiple industry accolades.
The Walt Disney Company (NYSE: DIS) reported a 23% increase in revenue for Q2 2022, totaling $19.2 billion, despite a $1 billion revenue reduction due to early termination of content licenses. Diluted EPS from continuing operations fell to $0.26 from $0.50 YoY, but adjusted EPS increased to $1.08 from $0.79. Strong performance noted in domestic parks and streaming services, with 7.9 million Disney+ subscribers added, totaling over 205 million across platforms. Segment operating income surged by 50% to $3.7 billion, highlighting significant growth at Disney Parks.