Disney

Disney misses on parks revenue, streaming subscribers but sees strong growth ahead

Disney reported overall revenue of $15.6 billion, down 13% compared to $18 billion a year ago. Meanwhile, net income in the quarter was $912 million, up 95% compared to $468 million a year ago. Excluding certain items, Disney's diluted earnings per share came in at 79 cents, compared to 60 cents per share a year ago.

New scene from Disneyland's Snow White ride is prompting backlash

Snow White is the latest Disney theme park attraction to stir controversy, following backlash for "negative depictions" of indigenous people in scenes on The Jungle Cruise attraction and for the Splash Mountain attraction's ties to the 1946 film "Song of the South".

Disneyland reopens Friday after 13-month closure

The reopening came just four months after the nation's most populous state was struggling to combat a surge in coronavirus hospitalizations that packed patients into outdoor tents and killed hundreds of people each day.

Netflix wins 7 Oscars, beating out other streaming services

Among the wins was David Fincher’s "Mank," a lavishly crafted drama of 1940s Hollywood made for Netflix. The film came in the lead nominee with 10 nods and went home with awards for cinematography and for production design.

Netflix tanks as subscriber growth cools

Netflix's subscriber growth is showing signs of a slowdown as the streaming giant reported 4 million new subscribers in the first quarter of 2021, after projecting in January that it would pull in 6 million new customers.