DirecTV vs Disney: FCC Complaint Over Licensing Dispute
DirectTV, one of America’s biggest multichannel video programming distributors, has filed an antitrust lawsuit against Disney for wrongfully negotiating a football deal. The company filed a formal complaint with the FCC (Federal Communications Commission), alleging that Disney did not negotiate in good faith. A spokesperson for DirecTV said that Disney had breached the FCC’s good…
John David
Viewers Feeling the Brunt of the Disney & DirecTV Dispute
There are always disputes in the entertainment industry, and more often than not, the viewers have to pay the price of such disputes. A similar instance occurred on Sunday when many DirecTV subscribers were left without access to popular networks like ESPN and ABC, cutting the viewership of the U.S. Open Tennis championship. The dispute…
Disney’s Massive Expansion Plan: Will It Make A Difference
Last year, Disney announced that it would be investing around $60 billion in expanding its theme parks and cruise business, double the amount that the company had previously invested in the last decade. This resulted in Disney’s share price dropping more than expected. According to sources, Wall Street wanted the specifics of the expansion, but…
After Revenue Numbers, Disney Faces a Bit of a Conundrum
After a long time, Disney returned to profitability in the third quarter of the financial year, thanks to its streaming business, which made money for the first time ever. The profitable quarter can also be attributed to the strong theatrical performance of their new movie, Inside Out 2. The operating income of Disney’s entertainment segment,…