Disney

Report: Disney cuts back on Facebook, Instagram ads

MENLO PARK, California (AP) — The Walt Disney Co. has “dramatically” slashed its advertising budget on Facebook and Facebook-owned Instagram, according to a report in the Wall Street Journal. It’s the latest setback for the social network, which is facing a growing advertising boycott over its policies and actions on hate speech on its platforms. […]

Video app TikTok names top Disney streaming exec as new CEO

>By TALI ARBEL AP Technology Writer TikTok, the popular short-video app that has also drawn national-security and privacy concerns, has a new high-profile CEO from Disney, Kevin Mayer. Mayer will also be chief operating officer of TikTok’s Chinese parent company, ByteDance, and report to its founder and CEO, Yiming Zhang, the company announced Monday. He […]

Disney Plus hits nearly 29M subscribers in 3 months

By TALI ARBEL AP Technology Writer NEW YORK (AP) — Disney said its Disney Plus streaming service reached nearly 29 million paid subscribers in less than three months, an impressive start for what the company has positioned as its future as more people drop cable subscriptions. But as expected, starting up a new service comes […]