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.
Conditions have been mostly nice for travelers flying ahead of and on Christmas Day, but some naughty disruptions plagued those flying with Southwest Airlines again this year.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Lionsgate announced its studio division is going to spin off in a merger with Screaming Eagle Acquisition Corp., which is a special purpose acquisition company.
