Disney once again beat Wall Street expectations last quarter in streaming, adding 7.9 million Disney+ subscribers, and suggesting that the company may be positioned to take a lead in what has become a cutthroat race to the top in streaming. While Wall Street expectations for Disney+ were varied, a midpoint expectation was 4.5 million to 5 million adds. Explore Explore See latest videos, charts and news See latest videos, charts and news Disney reported revenue of $19.2 billion and income of $3.7 billion, with earnings per share of $1.08. Wall Street expectations were for revenue of $20.1 billion, operating income of $3.3 billion, and EPS of $1.17. The EPS miss could be due to a change in tax regulations, which saw the company’s effective tax rate balloon from 8.8 percent a year a...
Fans of Disney’s Oscar-winning animated movie Encanto will now be able to celebrate with The Family Madrigal as they embark on “Encanto: The Sing-Along Film Concert Tour” this summer. Audiences won’t be able to stop talking about Bruno and the brilliant original songs penned by Lin-Manuel Miranda from the movie’s chart-topping soundtrack. Get tickets here, and read on for more details including pre-sale dates. What Is the “Encanto: The Sing-Along Film Concert Tour”? “Encanto: The Sing-Along Film Concert Tour” is a one-of-a-kind concert event, featuring the entire feature-length film and an on-stage band performing music from its beloved soundtrack. Advertisement Related Video The 32-city tour begins on July 18th in Ridgefield, Washington followed by a trek across the west including Phoenix...
Florida Republicans are retaliating against The Walt Disney Company for its opposition to the “Don’t Say Gay” bill by passing a new law repealing Disney World’s special district status. As reported by Deadline and The New York Times, the land surrounding Disney World has been covered by the Reedy Creek Improvement District since 1967. It allows Disney to administer its own emergency services while gaining extra control over land use and environmental issues. It’s a very business-friendly arrangement, enacted for the sole purpose of enticing the House of Mouse to build a theme park, which it finally did in 1971. That special arrangement is set to end June 1st of 2023. The Florida Senate voted to eliminate the District on Wednesday, and the House followed suit today. Gove...
Daft Punk are the gift that keep on giving. In celebration of the 40-year anniversary of the original TRON film, Disney has announced a vinyl reissue of the 1982 sci-fi classic’s soundtrack. The company is also pressing new vinyl of Daft Punk’s iconic TRON: Legacy score and subsequent remix album, 2011’s TRON: Legacy Reconfigured, which features reworks of the robots’ music by Avicii, M83, Boys Noize and The Glitch Mob, among others. TRON: Legacy remains Daft Punk’s only film score. Featuring an 85-piece orchestra, the soundtrack took over two years to create and eventually debuted atop Billboard‘s Dance/Electronic Albums chart. In late 2021, 11 years to the day, the timeless album reclaimed that top spot. The original TRON film was scored by legend...
ESPN and Autograph, the nonfungible token (NFT) platform co-founded by Tom Brady, announced a multi-year partnership on Wednesday that kicks off with a documentary release and an NFT collection. A 10-part ESPN+ documentary series called “Man in the Arena: Tom Brady” chronicles the milestones of the NFL legend’s career through a psychological and emotional lens. The docuseries is produced by Religion of Sports, a media company in which Brady is also a co-founder. Autograph and Religion of Sports designed the “Man in the Arena: Tom Brady Collection” to be ESPN’s first series of NFT collectibles. Dropping at the same time on Wednesday, the documentary is available to subscribers across the Disney streaming bundle — ESPN+, Hulu and Disney+ while the NFT collec...
The Walt Disney Coompany has condemned Florida Governor Ron DeSantis for signing into law the state’s “Don’t Say Gay” bill. House Bill 1557 — officially titled the “Parental Rights in Education” bill — prevents schools from discussing sexual orientation and gender identity in younger grades, and requires schools to notify parents in most cases when children receive mental, emotional, or physical health services. “Florida’s HB 1557, also known as the ‘Don’t Say Gay’ bill, should never have passed and should never have been signed into law,” a Disney spokesperson said today, March 28th, following the signing. “Our goal as a company is for this law to be repealed by the legislature or struck down in the courts, and we remain committed to supporting the national and state organizations working...
All products and services featured are independently chosen by editors. However, Billboard may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes. Olivia Rodrigo is taking fans on a journey in the new concert film Driving Home 2 U. The Stacy-Lee directed film, in which Rodrigo treks from Salt Lake City to Los Angeles and reflects on the creation of her debut solo album, premieres exclusively on Disney+ on Friday (March 25). Explore See latest videos, charts and news “I hope that people are inspired by the songwriting aspect of it,” Rodrigo recently told Billboard of what she wants viewers to take away from the film. “I always use creativity and songwriting as a means to get out of hard feelings and har...