Fortnite Leading the Charge in Metaverse Development with Disney Partnership
Fortnite’s surprising success in the metaverse industry is evident as it leads the charge in virtual realm development with a significant partnership with Disney. The recent $1.5 billion investment by Disney in Epic Games aims to create an expansive and open games and entertainment universe linked to Fortnite, showcasing its innovative approach to entertainment. In contrast, tech giants like Meta and Disney have faced challenges in cracking the metaverse, while Fortnite’s unconventional and light-hearted approach has resonated with users, enabling it to thrive in the metaverse space.
Stocks Making Waves in Premarket Trading: Disney, PayPal, Arm, and More
Investors are closely monitoring Disney, PayPal, and Arm as they show early signs of volatility in the premarket session. Disney’s recent earnings report and streaming subscriber numbers, PayPal’s navigation of the fintech landscape, and ongoing developments in the tech industry for Arm are all contributing to the movement of these key stocks.
Disney Reports Better-Than-Expected Fiscal First-Quarter Earnings
Disney exceeds earnings expectations, cuts costs, and plans strategic investments in Fortnite studio Epic Games and ESPN streaming service. Despite a decrease in Disney+ core subscribers, the company’s average revenue per user rose due to subscription cost hikes. Disney’s shares surged 7% in extended trading, showcasing progress in cost-cutting and strategic investments.
ESPN, Fox, and Warner Bros. Discovery Announce Joint Sports Streaming Service
ESPN, Fox, and Warner Bros. Discovery are teaming up to launch a new sports streaming service, offering a skinnier bundle of linear networks tailored for sports fans. The platform will include all the broadcast and cable networks owned by the three companies that carry sports, along with ESPN+. Consumers can subscribe directly via a new app or bundle the product with Disney+, Hulu, and Max. This move comes as the value of sports media rights is on the rise and viewers have shifted away from traditional cable.
Judge dismisses Disney’s lawsuit against Florida Governor Ron DeSantis
Florida Governor Ron DeSantis has emerged victorious as a US judge dismissed a lawsuit filed by Disney against him. The lawsuit accused DeSantis of orchestrating a campaign of ‘government retaliation’, but Judge Allen Winsor ruled in favor of the governor,…
Tr3n: Production Finally Commences for Long-Awaited Tron Sequel
Tron: Ares, the long-awaited sequel to the Tron franchise, has finally commenced production after being delayed due to the Hollywood strikes. The film, now officially titled Tr3n, is helmed by director Joachim Rønning and features a star-studded cast including Jared…
Disney Announces Slate of Nominees for 2024 Annual Shareholders Meeting
The Walt Disney Company has announced its slate of 12 nominees for election at the 2024 Annual Meeting of Shareholders. The Board of Directors has recommended shareholders to vote for the following nominees: Mary T. Barra, Safra A. Catz, Amy…
Disneyland Offers Amazing Deals for Kids and Southern California Residents
Exciting news for Disneyland enthusiasts! Disneyland is offering amazing deals for kids and Southern California residents, as well as reintroducing annual passes after months of absence. This is the perfect opportunity for families and locals to experience the magic of…
Legendary Actress Glynis Johns Passes Away at 100
Glynis Johns, the legendary actress best known for her role as Mrs. Winifred Banks in the 1964 film ‘Mary Poppins,’ has passed away at the age of 100. Her manager, Mitch Clem, confirmed to Eyewitness News that she died on…