Corey Chichizola, contributing editor at Cinemablend, discusses Disney's shareholder meeting where CEO Bob Iger told investors that he does not plan on changing Fox Searchlight's business. We dig into whether this is a smart business move for Disney, whose brand critics say could be disrupted by the specialty studio's edgier, R-rated movies. Chichizola feels it can only enrich Disney's business since it's currently not making a lot of films that are big awards contenders. CEO Bob Iger noted that he was rooting for Fox Searchlight's "The Shape of Water" and "Three Billboards", since Disney did not have any live action movies nominated for Oscars this year. We also talk Disney's planned streaming service, and how the platform can differentiate itself from Netflix and Amazon.

Share:
More In Business
Macy's Rejects $5.8B Takeover Bid From Investors
Macy’s is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan. The firms offered $21 per share for the stock they don’t already own.
Tech Stocks Still on the Rise
Pete Najarian, co-owner of Market Rebellion, shares what sectors he's watching as the S&P 500 and Dow notch historic highs.
Load More