Tag: Walt Disney

Walt Disney shares rise as it prepares to compete with Netflix

Walt Disney shares rise as it prepares to compete with Netflix

Written by on November 13, 2017 in News with 0 Comments

(Reuters) – Walt Disney shares rose 3 percent on Friday, as Wall Street shrugged off poor financial results and focused instead on the media giant’s commitment to build a service that will compete aggressively with video streaming pioneer Netflix. Disney’s sharper focus on streaming comes amid subscriber losses at its legacy cable networks that include […]

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