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Walt Disney Co (DIS.N)

DIS.N on New York Stock Exchange

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23 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Disney And Target Team Up To Bring Disney Store To Target Shoppers
Sunday, 25 Aug 2019 

Aug 25 (Reuters) - Target Corp ::DISNEY AND TARGET TEAM UP TO BRING THE MAGIC OF DISNEY STORE TO TARGET SHOPPERS.NEW TARGET STORE WILL OPEN AT FLAMINGO CROSSINGS TOWN CENTER AT WESTERN ENTRANCE OF WALT DISNEY WORLD RESORT IN 2021.  Full Article

Hulu's CFO Elaine Paul Has Left Co And Taken A New Job At Amazon - The Information
Tuesday, 16 Jul 2019 

July 15 (Reuters) - :HULU'S CFO ELAINE PAUL HAS LEFT THE STREAMING SERVICE AND TAKEN A NEW JOB AT AMAZON - THE INFORMATION.  Full Article

Sinclair Broadcast Group Announces Launch Of RSN Acquisition Financing
Tuesday, 9 Jul 2019 

July 9 (Reuters) - Sinclair Broadcast Group Inc ::SINCLAIR ANNOUNCES LAUNCH OF REGIONAL SPORTS NETWORK ACQUISITION FINANCING.SINCLAIR BROADCAST GROUP INC - NET PROCEEDS OF RSN TERM LOANS AND STG TERM LOANS WILL BE USED TO FUND A PORTION OF PURCHASE PRICE FOR RSN ACQUISITION..SINCLAIR BROADCAST GROUP INC - DIAMOND SPORTS GROUP, LLC INTENDS TO RAISE $3.3 BILLION OF TERM B LOANS DUE 2026.SINCLAIR BROADCAST GROUP INC - SINCLAIR TELEVISION GROUP INTENDS TO RAISE $700 MILLION OF INCREMENTAL TERM B LOANS DUE 2026.  Full Article

Matt Brodlie Named Senior Vice President, International Content Development For Disney+ - Co
Tuesday, 25 Jun 2019 

June 25 (Reuters) - Walt Disney Co ::MATT BRODLIE NAMED SENIOR VICE PRESIDENT, INTERNATIONAL CONTENT DEVELOPMENT, FOR DISNEY+.WALT DISNEY SAYS MOST RECENTLY, BRODLIE WAS A DIRECTOR OF ORIGINAL FILM AT NETFLIX.  Full Article

Marvel And Netease Collaborate To Launch New Projects
Monday, 20 May 2019 

May 20 (Reuters) - NetEase Inc ::MARVEL AND NETEASE COLLABORATE TO LAUNCH NEW PROJECTS.NETEASE - JOINT PRODUCTS INCLUDING GAMES, TELEVISION SERIES, COMIC BOOKS FEATURING MARVEL CHARACTERS TO BE DEVELOPED FOR USERS IN CHINA & BEYOND.  Full Article

ESPN And Caesars Entertainment Announce Innovative Collaboration For Sports Betting Content
Tuesday, 14 May 2019 

May 14 (Reuters) - Caesars Entertainment Corp ::ESPN AND CAESARS ENTERTAINMENT ANNOUNCE INNOVATIVE COLLABORATION FOR SPORTS BETTING CONTENT.CAESARS ENTERTAINMENT CORP - DEAL INCLUDES BUILDING A NEW ESPN-BRANDED STUDIO AT LINQ HOTEL & CASINO IN LAS VEGAS.CAESARS ENTERTAINMENT - CAESARS' DATA AND BRANDING WILL ALSO BE INTEGRATED ACROSS ESPN PROGRAMMING WITHIN COMING WEEKS FOR USE ACROSS ESPN'S CONTENT.CAESARS ENTERTAINMENT CORP - NEW ESPN-BRANDED STUDIO AT LINQ HOTEL & CASINO IN LAS VEGAS WILL LAUNCH IN 2020.CAESARS ENTERTAINMENT - CO WILL ALSO SERVE AS ESPN'S OFFICIAL ODDS DATA SUPPLIER ACROSS TV AND DIGITAL, RECEIVING ASSOCIATED ATTRIBUTION ACROSS ESPN.  Full Article

Walt Disney Says Entered Into Agreement To Provide Certain Transition Services To Regional Sports Networks After Consummation Of Sinclair Deal
Friday, 3 May 2019 

May 3 (Reuters) - Walt Disney Co ::WALT DISNEY - ENTERED INTO AGREEMENT TO PROVIDE CERTAIN TRANSITION SERVICES TO REGIONAL SPORTS NETWORKS AFTER CONSUMMATION OF SINCLAIR DEAL.WALT DISNEY CO - ENTERED INTO AGREEMENTS FOR LICENSING OF INTELLECTUAL PROPERTY USED IN OPERATION OF REGIONAL SPORTS NETWORKS.WALT DISNEY CO - SINCLAIR PROVIDED DISNEY WITH A GUARANTEE OF BUYER'S OBLIGATIONS UNDER PURCHASE AGREEMENT..  Full Article

Sinclair To Acquire 21 Regional Sports Networks From Disney
Friday, 3 May 2019 

May 3 (Reuters) - Sinclair Broadcast Group Inc ::SINCLAIR BROADCAST GROUP TO ACQUIRE 21 REGIONAL SPORTS NETWORKS FROM DISNEY AT A VALUATION OF $10.6 BILLION.SINCLAIR BROADCAST GROUP TO ACQUIRE 21 REGIONAL SPORTS NETWORKS FROM DISNEY AT A VALUATION OF $10.6 BILLION.SINCLAIR BROADCAST GROUP INC - BYRON ALLEN TO BECOME EQUITY AND CONTENT PARTNER IN RSN HOLDING COMPANY.SINCLAIR BROADCAST GROUP INC - DEAL FOR $10.6 BILLION, REFLECTING A PURCHASE PRICE OF $9.6 BILLION.SINCLAIR BROADCAST GROUP INC - SINCLAIR EXPECTS TO CAPITALIZE DIAMOND WITH $1.4 BILLION IN CASH EQUITY.SINCLAIR BROADCAST - TRANSACTION IS EXPECTED TO BE HIGHLY ACCRETIVE TO FREE CASH FLOW.SINCLAIR BROADCAST GROUP - REMAINDER OF PURCHASE PRICE IS BEING FUNDED BY $8.2 BILLION OF FULLY COMMITTED SECURED AND UNSECURED DEBT INCURRED BY DIAMOND.SINCLAIR BROADCAST GROUP INC - TRANSACTION BRINGS CONSOLIDATED NET LEVERAGE TO 4.7X & 5.1X THROUGH PREFERRED FINANCING.SINCLAIR BROADCAST GROUP INC - TRANSACTION WILL BE TREATED AS AN ASSET SALE FOR TAX PURPOSES, WITH SINCLAIR RECEIVING A FULL STEP-UP IN BASIS..SINCLAIR BROADCAST - PURCHASE PRICE WILL BE FUNDED WITH $1.0 BILLION OF FULLY COMMITTED PRIVATELY-PLACED PREFERRED EQUITY OF NEWLY-FORMED UNIT OF CO.SINCLAIR BROADCAST GROUP INC - DEAL FOR RSN PORTFOLIO, WHICH EXCLUDES YES NETWORK.SINCLAIR BROADCAST GROUP INC - COMPLETION OF TRANSACTION IS SUBJECT TO CUSTOMARY CLOSING CONDITIONS, INCLUDING APPROVAL OF U.S. DEPARTMENT OF JUSTICE.  Full Article

Ice Cube Says Added Magic Johnson To Bidding Group For Disney's Regional Sports Networks - Tweet
Wednesday, 17 Apr 2019 

April 18 (Reuters) - :ICE CUBE SAYS ADDED MAGIC JOHNSON TO BIDDING GROUP FOR DISNEY’S REGIONAL SPORTS NETWORKS - TWEET.  Full Article

Hulu Buys At&T's Minority Stake In Joint Venture
Monday, 15 Apr 2019 

April 15 (Reuters) - AT&T Inc ::HULU BUYS AT&T’S MINORITY STAKE IN JOINT VENTURE.AT&T INC - TRANSACTION VALUED HULU AT $15 BILLION,.AT&T INC - TRANSACTION VALUED HULU AT $15 BILLION, WITH AT&T'S 9.5% INTEREST VALUED AT $1.43 BILLION.AT&T INC - TRANSACTION VALUED HULU AT $15 BILLION.AT&T INC - TRANSACTION DID NOT REQUIRE ANY GOVERNMENTAL OR OTHER THIRD-PARTY APPROVALS AND WAS SIMULTANEOUSLY SIGNED AND CLOSED.AT&T INC - WILL USE PROCEEDS FROM THIS TRANSACTION, ALONG WITH ADDITIONAL PLANNED SALES OF NON-CORE ASSETS, TO REDUCE ITS DEBT.AT&T INC - SOLD ITS MINORITY STAKE IN HULU BACK TO STREAMING VIDEO JOINT VENTURE.  Full Article

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Disney to launch 25 stores inside Target nationwide on October 4

NEW YORK Walt Disney Co and Target Corp announced a collaboration on Sunday that will open 25 Disney stores inside select Target locations nationwide on Oct. 4, with plans for 40 additional sites by October next year.