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Disney Earnings Beat Expectations Thanks to Streaming Growth Brent Lang, provided by FacebookTwitterEmail Coronavirus took a chunk out of the Walt Disney Company’s profits during its most recent quarterly results, but the popularity of Disney Plus helped cushion the blow of the pandemic. It also enabled the company to easily exceed Wall Street’s diminished expectations, an achievement that bolstered Disney’s shares. The family entertainment giant reported adjusted earnings per share of 32 cents for the period ending on January 2, down from $1.53 from the year-ago period. That’s a sig...

The world’s leading mixed martial arts promotion has found a new home on television thanks to “The Worldwide Leader in Sports.” The UFC will be heading to ESPN come 2019. A report from ESPN released today revealed that the media giant has paid $1.58 billion for the UFC’s “entire rights package.” The news comes shortly after the two organizations announced that the UFC would be a part of the new ESPN+ streaming platform. Thirty UFC Fight Night events will be aired per year with 10 airing on television and 20 through ESPN+. Each event will feature 12 bouts. An ESPN Media Zone report...

During its annual Investors Day, Disney announced that beginning next March, the subscription price to Disney+ would increase by $1 to $7.99 per month.

Several big things are happening over at The Walt Disney Company.

>> reporter: while also building on disney's oscar-winning franchises. most recently adding 21st century fox and launching the disney plus and espn plus streaming services. iger's successor, bob chapek, who most recently served as chairman of disney parks, experiences and products, says he has big shoes to fill. >> i've had the opportunity to watch bob work his magic at disney now for 15 years and i have plenty of awe in terms of recognizing what he's done, what he's accomplished. >> reporter: and after 45 years at the company, iger still looking ahead. >> no, i don't think i'm going to back o...