Walmart is weighing bundling a streaming service into its Walmart+ membership program. Here's what the big box retailer should do to capitalize on the streaming boom, according to one analyst.
Activist investor Dan Loeb is agitating for sweeping changes at Disney, including a shake-up of its board, a spin-off of the sports television network ESPN and aggressive cost-cutting after rebuilding a stake in the entertainment and media group. The head of the Third Point hedge fund also recommended that the company take full control of the streaming service Hulu by buying a minority stake from rival Comcast. Shares of Disney rose 2.8 per cent to $125 on Monday.
BURBANK, Calif., August 15, 2022--The Walt Disney Company (NYSE: DIS) issued the following statement today: