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Millionaire Heiress Crusades Against Freedom to Spend Your Own Money

Via The Daily Bell In response to the tax bill which will lead to a lot more money in her pocket, Abigail Disney, heiress to the Walt Disney Company fortune, said she would be donating that tax break to a worthy cause of her choosing. No, wait. That’s not it at all. She got in […]

Meet Robo-Trump, Brought To You By Disney

Disney World’s “Hall of Presidents” in Orlando, FL reopens today after the Imagineers at the Magic Kingdom spent a year conjuring up an animatronic Donald Trump. The robo-Prez is flanked by his 43 predecessors as he delivers a speech that’s incredibly creepy if only for its lack of characteristic Trump mannerisms familiar to anyone who’s […]

ESPN President Quits Due To “Substance Addiction”

Amid plummeting ratings, mass job cuts, and constant #resistance, ESPN President John Skipper has finally called it quits from running the so-called sports channel. Here is Skipper’s statement: Today I have resigned from my duties as President of ESPN. I have had a wonderful career at the Walt Disney Company and am grateful for the […]

Frontrunning: December 15

Some GOP Senators Press for Late Changes in Tax Bill (WSJ) Here’s Where the GOP Tax Plan Stands Right Now (BBG) Harvard Endowment Chief Pushed for Steeper Devaluation of Assets (WSJ) Net neutrality repeal gives Democrats fresh way to reach millennials (Reuters) With Fox Deal, Disney Adds Hulu to Its Digital Kingdom (WSJ) Treasury Yields […]

Frontrunning: December 14

Disney Agrees to Buy Fox Assets in $52.4 Billion Deal (WSJ) The Fed Isn’t the Tax Cut’s Enemy (WSJ) The Republicans’ Problem Is Bigger Than Alabama (BBG) ECB Leaves Rates Unchanged and Sees QE to September or Beyond (BBG) A Christmastime Tax Cut for Some, a Lump of Coal for Others (WSJ) Putin says U.S. […]

Disney Agrees To Buy 21st Century Fox Assets For $52.4 Billion

After weeks of mounting speculation – and a rumored competing bids by rivals Comcast Corp. and Verizon that never materialized – Disney and 21st Century Fox announced early Thursday that the former would acquire most of the latter's entertainment assets in a deal worth $52.4 billion, according to the official press release. Here's what Disney […]

Veteran Disney Executive Arrested On Child Sex Abuse Charges

In the latest case of Hollywood's spiralling sexual abuse scandal, Variety reports that a veteran 58-year-old Disney executive has been charged with three felony counts of child sexual abuse. Jon Heely, the longtime director of music publishing at Disney, was arrested nearly a month ago and charged with three counts of lewd and lascivious acts […]

Frontrunning: November 22

Uber Is Facing Yet Another Irate UK Watchdog (BBG) Oil Is Heading Towards a Two-Year High (BBG) Regulators to press Uber after it admits covering up data breach (Reuters) FOMO Fails to Drive European Stocks While Rest of World Parties (BBG) Putin Hosts Assad in Sochi Ahead of Syria Summit (WSJ) UK Sets Aside Extra […]

Head Of Animation At Disney Takes Leave Of Absence For “Grabbing, Kissing Missteps”

Hollywood’s sexual predator class is falling like dominos. The latest casualty in the sexual harassment blowback appears to be Disney Animation head John Lasseter, who according to the Hollywood Reporter is taking a leave of absence from Pixar after acknowledging “painful” conversations & “missteps,” he disclosed in a memo to staff Tuesday. John Lasseter Lasseter […]

Frontrunning: November 7

U.S. Allies Fear Trump Will Pull a Nixon in China (WSJ) Partisan Tensions Flare as GOP Revises Tax Bill (BBG) Tax Overhaul Faces Major Hurdles (WSJ) Multinationals Scurry to Defuse House Tax Bill’s ‘Atomic Bomb’ (BBG) Parties Watch New Jersey, Virginia Votes for Wider Signals (WSJ) Trump Softens Tone on North Korea, Urges Deal on […]

Netflix Slides, Fox Spikes On Disney Acquisition Headlines

21st Century Fox has been holding talks to sell most of the company to Walt Disney Co., according to CNBC's David Faber, leaving behind a media company tightly focused on news and sports, according to people familiar with the situation. The initial reaction is DIS and FOXA higher and NFLX lower… Cable networks shares are […]

Matt Damon And Russell Crowe Fingered For Pressuring Journalist To Kill Weinstein Sex Story

Content originally published at iBankCoin.com Actor Matt Damon took heat over Twitter Monday evening following viral claims that he and Russell Crowe pressured a New York Times journalist into dropping a negative story on Harvey Weinstein in 2004. On Sunday, journalist and founder of The Wrap, Sharon Waxman, penned an op-ed detailing how Damon and Crowe called her “directly” to pressure her into dropping a […]

Gwyneth Paltrow, Angelina Jolie Accuse Weinstein Of Harassment As Fresh Allegations Emerge

More shocking allegations of sexual assault and harassment against Hollywood megaproducer Harvey Weinstein emerged on Tuesday when the New Yorker and the New York Times published more accounts of harassment, rape and coercion from a group of women that includes two of the most famous actresses in Hollywood. In a follow-up piece to its original […]

New York Times Hypocrisy Exposed: Former Reporter Says Paper Killed Weinstein Expose In 2004

After it publicized former Fox News host Bill O'Reilly’s history of harassing female colleagues earlier this year, prompting Fox to dismiss the longtime primetime host, the New York Times claimed the scalp of another powerful media titan last week when it published a bombshell story exposing Harvey Weinstein’s lurid history of sexual harassment and coercion. […]

Disney Tumbles After Bob Iger Cuts Outlook

Once upon a time, Disney used to be the hedge fund world’s media darling. Not today, however, when at the BofA Media Communications Conference in New York, Disney CEO Bob Iger slashed the company’s outlook and said earnings in 2017 will be “roughly in line” with last year, sending the stock tumbling as much as […]