Webtoon Entertainment Inc (Nasdaq: WBTN) shares surged 29% to $19.23 in late-morning trading on Tuesday as the two companies announced that Walt Disney Co (NYSE:DIS, ETR:WDP) intends to acquire a 2% equity stake in the online comics company as well as jointly develop an all-new digital comics platform. The new subscription-based platform is expected to host Disney's extensive collection of ti...
Last month's tantalizing announcement of a limited content deal between the Walt Disney Company and digital storytelling platform Webtoon turned out to just be the prelude to a much deeper partnership. Yesterday Disney and Webtoon announced the two companies will partner on a new digital comics platform that brings over 35,000 Marvel, Disney, 20th Century and Lucasfilm Star Wars titles to marke...
Walt Disney , Comcast's Universal and Warner Bros Discovery have jointly filed a copyright lawsuit against China's MiniMax alleging that its image- and video-generating service Hailuo AI was built from intellectual property stolen from the three major Hollywood studios.
Shares of Webtoon Entertainment (WBTN) soared 30% in premarket trading as the digital comic platform said that Walt Disney (DIS) would be taking a stake in the firm as they collaborate in creating a new outlet for Disney's comic franchises.
PLANO, Texas--(BUSINESS WIRE)--Diversified, a leading global technology solutions provider, today announced the expansion of its Hospitality & Lifestyle solutions within its Advisory Services practice, a strategic move aimed at transforming guest experiences in resorts, cruise ships, casinos, theme parks and luxury destinations worldwide. To lead this practice, Diversified has appointed Zach To...
Delta Air Lines (DAL) and Aeromexico must unwind their joint venture by January 2026 due to anticompetitive concerns in the U.S.–Mexico City market. Stephen Miran, Trump's economic adviser, confirmed as Federal Reserve governor, raising concerns about potential political influence at the Fed.
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