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Disney to pull new movies from Netflix, plans own streaming service

BusinessBy adminAugust 9, 2017Leave a comment

[ad_1] By Lisa Richwine and Aishwarya Venugopal Walt Disney Co will stop providing new movies to Netflix Inc starting in 2019 and launch its own streaming service as the world’s biggest entertainment company tries to capture digital viewers who are ditching traditional television. Disney’s defection, announced alongside its quarterly results on Tuesday, is a calculated…

Walt Disney Co said to be working with adviser on potential bid for Twitter Inc

BusinessBy adminSeptember 26, 2016Leave a comment

[ad_1] The Walt Disney Co. is working with a financial adviser to evaluate a possible bid for Twitter Inc., according to people familiar with the matter. After receiving interest in discussing a deal, Twitter has started a process to evaluate a potential sale. Salesforce.com Inc. is also considering a bid, working with Bank of America…

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