ViacomCBS Buys Majority Stake In Spanish Content Producer Fox TeleColombia & Estudios TeleMexico

ViacomCBS said its ViacomCBS Networks International has clinched a deal to acquire a majority stake in Spanish language content producer, Fox TeleColombia & Estudios TeleMexico from Disney and the company’s founding family. ViacomCBS International Studios, a division of VCNI, will operate Fox TeleColombia & Estudios TeleMexico as a collaborative partnership with the founders. Financial terms […]

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Disney Launches Star+ Streaming Service In Latin America

Disney’s stand-alone Star+ streaming service has launched in Latin America. The service, which is packaged as a component within Disney+ in territories like the UK, Singapore and others, includes both scripted and unscripted fare created in Latin America. Offerings range from live sports from ESPN, new international originals, animated comedies from 20th Television and movie […]

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Disney unveils one of its most innovative attractions

New York (CNN Business)For the past decade, movie theaters have counted on a big, buzzy Marvel hit to kick off a lucrative summer season. But this year, the superhero of the moment isn’t going anywhere near the cinema. “Loki,” the latest streaming series from Marvel Studios, premiered Wednesday to much fanfare. The show, which stars […]

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Disney Urged By Investor Daniel Loeb To Ditch Shareholder Dividend And Use That Money To Fund Streaming

Daniel Loeb, whose Third Point hedge fund owns a small stake in Disney, is urging the media giant to ditch its shareholder dividend and re-route those funds to streaming. “Beyond bringing additional subscribers onto the platform, increased velocity of dedicated content production will deliver several knock-on benefits spread across your existing base including elevated engagement, […]

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