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Tag: CHTR

Disney to Accelerate Cost Cutting as It Pushes for Streaming Profitability
8Nov By adminNo Comments
World

Disney to Accelerate Cost Cutting as It Pushes for Streaming Profitability

Updated Nov. 8, 2023 6:12 pm ETWalt Disney said it would slash $2 billion more in costs than previously planned and has sharply narrowed losses in its streaming business, marking progress in two areas that Chief Executive Bob Iger has stated are crucial to the company’s future.The entertainment giant said Wednesday in its earnings report that it is seeking $7.5 billion in annualized cost efficiencies, up from the $5.5 billion it targeted at the beginning of this year. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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FCC Revives ‘Net Neutrality,’ Proposes New Regulations for Internet Service
19Oct By adminNo Comments
World

FCC Revives ‘Net Neutrality,’ Proposes New Regulations for Internet Service

WASHINGTON—The Federal Communications Commission proposed to apply utility-like regulations to America’s internet service providers, a policy change expected to raise costs for Comcast, Charter Communications, AT&T and other blue-chip companies. The proposal, adopted by the agency’s Democratic majority Thursday in a 3-2 party line vote, opened another chapter of a long-running dispute about how Washington should oversee internet service. At stake: Whether the FCC will expand its power to regulate some of the largest U.S. companies providing a service that has become essential to modern life. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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