Star Wars boosts Walt Disney empire as TV business falters

Star Wars boosts Walt Disney empire as TV business falters
 

The storied movie studio and theme park operator is scrambling to keep viewers who are abandoning its current top money maker, cable networks. The power of its characters and brands are the reason many investors stick with the company despite its challenges.
Disney shares rose more than 1 percent after Chief Executive Bob Iger said Disney had struck a deal with Rian Johnson, the director of upcoming film Star Wars: The Last Jedi, to create a new trilogy in the blockbuster science fiction series.
A live-action Star Wars TV series also is being developed for a streaming service that Disney is... read more

 
10 November 2017 in Business, Views: 69
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