Wednesday, 1 December 2021

Tag Archives: Walt Disney

Walt Disney profit misses on higher investments, shares fall 5%

NEW YORK: Walt Disney Co on Tuesday missed Wall Street estimates for quarterly profit as heavy investments in its digital portfolio outweighed gains from the worldwide success of “Avengers: Endgame”, sending its shares down 5%. Higher spending to ramp up ESPN+ as well as for technology and building of family-friendly ...

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Michael Jackson’s estate sues ABC for copyright infringement

NEW YORK:  Michael Jackson’s estate sued ABC on Wednesday, arguing that a special the network aired last week about the pop singer’s final days used his songs and music videos without permission. The copyright infringement lawsuit, which also names ABC’s corporate parent Walt Disney Co as a defendant, was filed ...

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