Walt Disney Stock News

Disney Q4 results show that its streaming business is finally hitting its stride. While the company's theme parks and cable TV faced pressure, the streaming business performed well.

Walt Disney has agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned $150 million less than their male counterparts over an eight-year period, the plaintiffs' lawyers said in a statement on Monday.

Iger sold 372,412 shares of Disney on Friday, according to a filing with the Securities and Exchange Commission.

Disney's robust Q4 report signals a return to growth, with streaming profits hitting $253 million and movie ticket sales surpassing $4 billion. Management remains cautious, noting that growth has just begun and setbacks are possible. The Direct-to-Consumer segment's operating income significantly boosted free cash flow when compared to the historically large losses.

The Walt Disney Company NYSE: DIS needs little introduction. From its iconic animated films and beloved theme parks to its expansive television networks and quickly evolving streaming platforms, Disney holds a unique place in the global entertainment sector.

Bob Iger, who is in the home stretch of his two-chapter run as CEO of the Walt Disney Co., is selling $42.7 million in stock. The move, disclosed in an SEC filing, makes good on a plan detailed by the company earlier this month for Iger to exercise an option to sell shares.

It's that magical time of year when you still have time to catch up on retirement contributions for 2024 and get yourself ready for the year ahead.

Sony's India unit said on Friday it had secured the media rights for all Asian Cricket Council (ACC) tournaments until 2031, which a source with direct knowledge of the matter put the value at $170 million.