Fox accepts sweetened Disney bid for $71 Billion

Walt Disney Co. opened the most highly anticipated theme-park attraction in the company’s history -- and attendance fell. Profit at the company’s domestic resorts fell in the latest quarter, which was marked by the ballyhooed opening of Star Wars: Galaxy’s Edge.

Iger reportedly made the announcement on August 6 during a company call to discuss Disney’s third-quarter earnings. The ‘Home Alone’ reboot will appear on their new streaming service, Disney+.

DraftKings Inc. Chief Executive Officer Jason Robins discusses the growth in legal U.S. state-by-state sports betting, expansion efforts, and the outlook for the company's partnership with Walt Disney Co.

Walt Disney Co. is selling bonds, leading one of the busiest days ever for investment-grade debt issuance. Bloomberg's Lisa Abramowicz has more on "Bloomberg Markets: The Close."

Susan Lyne, Founder of BBG Ventures and former ABC Entertainment President, talks about the video streaming wars, the future of cable, big tech antitrust, investing in female founded startups, and IPO outlook. She speaks to Bloomberg Businessweek host Carol Massar.

The launch of Disney+ on Tuesday means the media giant can reach consumers without the need for pricey distribution deals. The battle for viewers is increasingly against gaming platforms and social media.

Disney+ has taken the streaming world by storm. Disney fans have likely already binged on much of the animation, Star Wars and Marvel content exclusive to the platform. Here are ten of the best films that you might not have known are also available on Disney+.

Charlize Theron, Margot Robbie & Nicole Kidman star in Fox News sexual harassment movie

The Chief Executive of Disney, Bob Iger, has stepped down from the top job at the entertainment giant after fifteen years. It was a surprise move which sees the head of the company's theme parks business, Bob Chapek, take up the role. Iger will stay on as Executive Chairman, where he will focus on the creative element of the business. Also today, we look at some of the latest warnings from businesses on the impact of the coronavirus.

Walt Disney Co will close its Disneyland and California Adventure theme parks in Anaheim, California, starting on Saturday (March 14) amid the global outbreak of coronavirus, a company spokesperson said in a statement on Thursday.

The Walt Disney Company has said its profits in the first three months of the year are $1.4 billion lower because of the coronavirus lockdowns in many parts of the world. The company saw a particular slump in income from its theme parks, which have been shut down due to the virus spreading. Also today: more bad news in the travel industry, as the home rental giant Airbnb cuts 25 percent of its workforce. Our Business Editor Stephen Carroll tells us more.

Here's the weekly recap of the biggest entertainment news. Join the GuardianTV team as they bring you a fresh array of gist every week! ⁣