Walt Disney Co's (DIS.N) board extended Chairman and Chief Executive Bob Iger's contract through June 2018, keeping him at the helm of the media and theme park company two years longer than he previously planned.
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Wall St. ends lower with oil prices, renewed Greece worries
The S&P 500 and Nasdaq ended lower on Wednesday, snapping a two-day rally as energy shares slid with oil prices and as investors' anxiety about the euro zone returned in the closing minutes of trading.
Court allows Aereo to auction TV streaming technology assets
A bankruptcy court has allowed defunct video streaming company Aereo Inc to auction its TV streaming technology assets, according to court papers published on Friday.
New Luxembourg leaks reveal Disney, Koch Industries tax deals
Tax deals that entertainment firm Walt Disney Co, commodities group Koch Industries and others agreed with the Luxembourg authorities were revealed on Tuesday by the International Consortium of Investigative Journalists (ICIJ).
CBS, Dish reach deal after CBS pulls programming
U.S. broadcasting companies CBS Corp and Dish Network Corp reached a multiyear deal on Saturday with CBS agreeing to continue to deliver its programs to Dish's 14 million subscribers.
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The stage musical of "The Lion King" has generated the highest total box office of any production in any entertainment medium, with worldwide takings of more than $6.2 billion, a spokesman for Walt Disney Co said on Monday.
Walt Disney Co is ramping up its first major push to promote the "Star Wars" franchise it purchased from George Lucas in 2012, blitzing consumers this year with a mobile game, animated TV show and an expanded line of toys and clothes.
The fight between Pay-television companies and major US broadcasters, and TV over Internet startup Aereo would most likely see intervention from the US government, according to a report on Investors Business Daily today.
Disney reported increase in the company's third quarter earnings due to media networks, parks and resorts' stronger performance.
Ora.TV purchases Stick Figure Productions for an undisclosed amount. Mexican billionaire Carlos Slim's Ora TV has purchased television production company Stick Figure Productions.
