Chief executive officer and chairman of The Walt Disney Company Bob Iger walks on the floor of the New York Stock Exchange (NYSE) before ringing the opening bell, November 27, 2017 in New York City.

Barclays upgrades Disney on pivot to streaming

Getty Images Chief executive officer and chairman of The Walt Disney Company Bob Iger walks on the floor of the New York Stock Exchange (NYSE) before ringing the opening bell, November 27, 2017 in New York City. Barclays bumped up its rating on Disney shares to overweight from equal weight on Friday, pointing to the […]

Disneyland castle in Anaheim, California

Anaheim ends tax breaks for Disney — at Disney’s request

Anaheim is taking Disneyland Resort up on its latest offer. The Anaheim City Council voted unanimously on Tuesday to end the tax incentives that have benefited the theme park giant for decades, reported the Los Angeles Times. The move comes at The Walt Disney Co.’s request. In a letter to Mayor Tom Tait and the […]

Bob Iger, chairman and chief executive officer of The Walt Disney Co.

Hulu loses roughly $1.5B a year, and Disney is set to double its stake

As of this week, Hulu’s major stakeholders have all reported earnings for the most recent quarter — and all three posted some big losses for the streaming service as it ramps up investments. Hulu doesn’t report official numbers — and declined to comment for this story — but some rough math of write-downs by Comcast, […]