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Walt Disney Company (DIS) Stock News, Aug-Oct 2022

DIS NYSE

The Walt Disney Company reports developments across its entertainment, sports, and experiences businesses. Recurring updates include financial results, investor conference appearances, annual shareholder meeting materials, and management commentary on streaming, ESPN, film and television studios, and Disney Experiences.

Company news also covers leadership and organizational changes within Disney Entertainment, including its streaming, film, television, games, and digital entertainment operations. Business updates commonly reference Disney+, Hulu, ESPN, the company’s studio brands, theme parks, cruises, vacation destinations, and merchandise licensing.

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Sinclair Broadcast Group (SBGI) and Disney Media & Entertainment Distribution (DIS) have announced a multi-year renewal of ABC affiliations across all Sinclair stations through 2026. This extends the partnership and includes renewals for three ABC affiliated stations in Rochester, NY, and Traverse City, MI. Sinclair's SVP, Will Bell, emphasized the value of this relationship in delivering popular entertainment and news programming, while Disney's John Rouse expressed enthusiasm for the continued collaboration to serve local markets effectively.

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The Walt Disney World Resort in Lake Buena Vista is gearing up for the holiday season with numerous festive events and experiences. Beginning November 8 through December 22, 2022, Mickey's Very Merry Christmas Party will return, featuring entertainment, food, and holiday-themed attractions. The EPCOT International Festival of the Holidays runs from November 25 to December 30, offering cultural performances and culinary delights. Guests can enjoy holiday decor across parks and Disney Springs, with special shopping experiences and treats throughout.

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The Walt Disney Company (NYSE: DIS) is set to discuss its fiscal full year and fourth quarter 2022 financial results through a live audio webcast on November 8, 2022, at 4:30 p.m. ET. The financial results will be announced after market close on the same day. Investors can access the webcast through www.disney.com/investors, with an archived presentation available for later viewing.

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The Walt Disney Company (NYSE: DIS) announces the appointment of Carolyn Everson to its Board of Directors, effective November 21. A seasoned media and technology executive, Everson's experience includes leadership roles at major companies like Facebook and Microsoft. Her addition aims to enhance Disney's independent board structure and align with the long-term performance focus. The move also follows a support agreement with Third Point LLC, ensuring a collaborative relationship to boost shareholder value.

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The Walt Disney Company has announced an exciting lineup of events and experiences as part of its Disney100 celebration, marking a century of storytelling and entertainment. Officially kicking off on New Year's Eve 2023, the celebration includes the release of the animated film Wish in November 2023, an exhibition touring globally, and new nighttime spectaculars at Disney Parks. Highlights include a digital platform launch on January 1, 2023, and unique merchandise collections. CEO Bob Chapek emphasizes the commitment to creativity for another century.

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Bob Chapek, CEO of The Walt Disney Company (NYSE: DIS), will engage in a Q&A session at the Goldman Sachs 2022 Communacopia + Technology Conference on September 14, 2022, starting at 5:00 p.m. ET. This event offers investors insights into Disney's strategies and future. To stream the session live, visit www.disney.com/investors. A recording will be available on the website post-event.

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Walt Disney’s historic Gulfstream I plane, known as “The Mouse,” will be showcased at the D23 Expo in Anaheim, California, from September 9 to 11, 2022. This exhibit, presented by Amazon, marks the aircraft's first return to the West Coast since 1992. The fully restored plane, alongside never-before-seen items from its interior, highlights its significance in Disney’s history, including trips that laid the foundation for Walt Disney World. This event is part of Disney's celebrations for its 100-year history.

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Disney Branded Television will host its first-ever D23 Expo showcase, "Disney’s Epic Entertainment Showcase: The Musical: The Extravaganza!" on September 10, featuring notable stars like Tim Allen and Brie Larson. This event will highlight exclusive previews of upcoming series, movies, and specials across Disney+. It occurs during the D23 Expo, taking place September 9-11 at the Anaheim Convention Center. The event will also be live-streamed, ensuring fans can enjoy announcements and performances from popular titles like "Percy Jackson and the Olympians" and "High School Musical: The Musical: The Series."

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The Walt Disney Company (NYSE: DIS) will have a Q&A session featuring Christine McCarthy, CFO, and Josh D’Amaro, Chairman of Disney Parks, Experiences and Products. The event will take place on September 7, 2022, at approximately 1:30 p.m. ET during the Bank of America Securities Media, Communications & Entertainment Conference.

Investors can stream the session live at www.disney.com/investors, and a recording will be available on the website afterward.

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D23 Expo 2022 will be livestreamed from September 9 to 11, featuring an eight-hour daily schedule packed with entertainment, including the Disney Legends Awards Ceremony and various panels from Disney's franchises. This global event will showcase appearances from cast members, sneak peeks at new merchandise, and special announcements. Highlights include the Disney & Marvel GAMES SHOWCASE and the D23 Disney Stars Trivia Showdown. The event is sold out but will be accessible online at D23Expo.com/live.

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FAQ

What is the current stock price of Walt Disney (DIS)?

Walt Disney (DIS) last closed at $118.97.

What is the market cap of Walt Disney (DIS)?

The market cap of Walt Disney (DIS) is approximately $205.4B.