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Disney filed a lawsuit against Florida for government retaliation
The Walt Disney Company has filed a lawsuit against Florida Governor Ron DeSantis and other officials after the state approved a development deal for Disney’s amusement park in Jacksonville. The lawsuit claimed that the government retaliated against the company for violating its protected speech. The board had voted to reject the development deal over concerns…
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Disney’s problems are much larger than Ron’s
The Walt Disney Company on Tuesday announced that it earned $23 billion in the July-September period, its highest quarterly profit ever. It also said that it plans to save $5.5 billion from non-content operations and expects Disney+ to be “profitable” in the next fiscal year. The company’s shares fell over 5% in aftermarket trade after…
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The cheapest plan will be with ads for $6.99 per month in November.
Disney+, the streaming service offered by The Walt Disney Company, will be transitioning from a linear television model to an ad-supported one. The ad-supported plan will have an average of four to five minutes of commercials per hour. “We’ve been discussing over the past few quarters, improving our pricing strategy is an important near-term focus,”…