Gray TV Courts Investors Again After Earlier Failed Loan Sale [BNN Bloomberg (Canada)]
Walt Disney Company (The) (DIS)
Last walt disney company (the) earnings: 2/4 04:05 pm
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Source: BNN Bloomberg
The talks are in very preliminary stages, said the people, who asked not be named discussing a private matter. The Atlanta, Georgia-based US broadcaster recently postponed a planned $1.2 billion refinancing for a loan due in 2026, Bloomberg earlier reported. Gray declined to comment. Investors grew concerned about potential competition faced by companies like Gray after the likes of Walt Disney Co., Fox Corp. and Warner Bros Discovery Inc. announced their intent to launch a sports-focused streaming service. Such an offering could hasten cord-cutting among sports fans, taking a big bite out of revenue for traditional broadcasters. Read More: US Election Ad Windfall May Not Buoy Broadcasters The new live sports streaming service may still face hurdles — the Justice Department plans to scrutinize the proposed platform over concerns it could harm consumers, media rivals and sports leagues. Meanwhile, traditional media firms are bidding large sums to own the rights for games that
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News
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- Pixar layoffs are underway. About 175 jobs are being cut [Los Angeles Times (CA)]Los Angeles Times
- Pixar Reduces 14% Of Staff Due To Disney Content Spending Cuts – Update [Yahoo! Finance]Yahoo! Finance
- Disneyland characters vote to unionize [Yahoo! Finance]Yahoo! Finance
- Group of Tesla shareholders ask investors to vote against Musk's compensation package [Yahoo! Finance]Yahoo! Finance
DIS
Earnings
- 5/7/24 - Beat
DIS
Sec Filings
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- 5/9/24 - Form 144
- DIS's page on the SEC website