Activist investor Ancora said it supports the addition of Peltz to Disney's board.
Hollywood studios and streaming platforms are entering comeback mode from the Hollywood strikes that halted major productions and slowed down fresh content output. Brightcove (BCOV) CEO Marc DeBevoise sits down in-studio with Yahoo Finance Live to highlight how streaming bundling strategies and ad-tier subscription prices may bring business back to streaming services like Netflix (NFLX), Amazon (AMZN), Warner Bros. Discovery (WBD), Disney+ (DIS), and Paramount (PARA). "The free ad-supported streaming television revolution... has really ramped up the opportunity for advertising on these services. You'll see each subscription service also have an ad-supported with lower priced tier over time," DeBevoise says, adding: "The winner there is streaming overall." Click here to watch the full interview on the Yahoo Finance YouTube page or you can watch this full episode of Yahoo Finance Live here.
Gov. Ron DeSantis’ appointees to Walt Disney World’s governing district on Wednesday released a series of reports justifying their takeover and accusing their Disney-controlled predecessors of being a part of “the most egregious exhibition of corporate cronyism in modern American history.” The reports commissioned by the Florida governor's appointees to the Central Florida Tourism Oversight District, or CFTOD, were the latest salvos in the ongoing court and public opinion battles between Disney and DeSantis over who controls the district. The governing body provides municipal services such as planning, mosquito control and firefighting in the roughly 40 square miles (100 square kilometers) in central Florida that make up Disney World.