Disney to cut back streaming content as subscriber count slumps, CFO says
CFO Dive
MAY 11, 2023
Disney’s restructured content strategy comes as the company faces legal battles, a changing entertainment environment and the impact of AI.
CFO Dive
MAY 11, 2023
Disney’s restructured content strategy comes as the company faces legal battles, a changing entertainment environment and the impact of AI.
CFO News
MARCH 6, 2023
The Mumbai bench of the National Company Law Tribunal (NCLT), in two separate applications filed by the IndusInd Bank, has appointed Sanjeev Kumar Jalan and Mohit Mehra as resolution professionals for Zee Entertainment and Siti Network respectively. Jalan is a partner at BDO India in its restructuring practice.
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CFO News
FEBRUARY 22, 2023
The Mumbai bench of the National Company Law Tribunal (NCLT), in two separate applications filed by the IndusInd Bank, has appointed Sanjeev Kumar Jalan and Mohit Mehra as resolution professionals for Zee Entertainment and Siti Network respectively. Jalan is a partner at BDO India in its restructuring practice.
PYMNTS
JANUARY 27, 2019
Reuters reported that in addition to exploring strategic alternatives, the company is currently working to restructure its outstanding debt, which was at $902.8 Justice Department to extend a deferred prosecution agreement, which paves the way for MoneyGram to restructure its debt. billion to look for strategic alternatives.
CFO News Room
DECEMBER 15, 2022
Discovery’s stock shed more than 7% after increasing its restructuring cost estimates by $1 billion. Madison Square Garden Entertainment — Shares rose more than 2% after Morgan Stanley upgraded the stock to equal weight from underweight. Warner Bros. Discovery – Warner Bros.
PYMNTS
OCTOBER 12, 2020
Disney is restructuring part of its business to focus on video streaming, which is becoming increasingly popular, CNBC reported. 12) that it will be working to prioritize its streaming by centralizing its media and entertainment operations into one organization responsible for all content distribution, ad sales and Disney+, CNBC reported.
PYMNTS
OCTOBER 21, 2020
The entertainment startup produces original, short-form entertainment for smartphones and raised a total of $1.75 After unsuccessfully shopping around for a buyer, a restructuring firm hired by Quibi gave other options to the company’s board of directors. billion in pre-launch funding from 14 investors.
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