Apple and other major advertisers are pausing their ads on X after Elon Musk endorsed antisemitic conspiracy theories. News 

Apple & Disney Take a Break From X – Elon Musk’s Social Media Platform

Major tech brands including Apple, Disney and IBM have suspended all advertising on social network X, formerly known as Twitter, according to media reports. Apple and other major advertisers are reportedly suspending their ads on X after Elon Musk endorsed anti-Semitic conspiracy theories. Disney, Warner Bros, Discovery, Paramount, Comcast/NBCUniversal, Lionsgate and the European Commission have also reportedly stopped advertising on X “due to the spread of widespread disinformation”, IANS reported. IBM also announced this week that it is withdrawing its ads, and the European Union has decided not to advertise…

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Mukesh Ambani eyeing to buy Walt Disney Co.’s India operations. REUTERS/Brendan McDermid/File photo (REUTERS) News 

Reliance and Disney Reportedly Close to Signing Multi-Billion Dollar Agreement in India

According to sources familiar with the matter, Reliance Industries Ltd., which is under the control of Mukesh Ambani, Asia’s wealthiest tycoon, is close to finalizing a cash and stock agreement to acquire Walt Disney Co.’s India operations. The U.S. entertainment giant may sell a majority stake in the Disney Star business, which it values at about $10 billion, as opposed to partial deals previously considered, the people said, asking not to be named because the discussions are private. Some people said Reliance valued the assets at $7 billion to $8…

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X will work with Paris Hilton to create original video content on fashion, beauty, travel and other topics. (Vianney Le Caer/Invision/AP) News 

X, Elon Musk’s Company, Teams Up With Paris Hilton for Shopping and Video Promotion

In an effort to generate fresh income and reshape its identity, social media platform X has joined forces with Paris Hilton and her digital advertising agency, 11:11 Media. X recently revealed its collaboration with Hilton, aiming to produce exclusive video content centered around fashion, beauty, travel, and various other subjects. Additionally, Hilton, a prominent American media figure and socialite, will play a crucial role in endorsing X’s upcoming offerings and initiatives. X has been pursuing new growth paths ever since Elon Musk’s chaotic takeover in 2022 led to a drop…

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Disney wants more people to pay for its service like Netflix and the password sharing limit is coming for users in this country for now. News 

Disney+ No Longer Allows Password Sharing: Here’s What We Know

First, Netflix cracked down on sharing passwords, and now Disney+ has joined the chorus to restrict its users from sharing passwords with other people. The platform will implement this new rule on November 1st in Canada and has already sent an email to users explaining the new system and how they cannot share the account with friends. Interestingly, Disney+ wants to be extremely strict with its enforcement, and those caught breaking the new rules could face actions like account restrictions or even suspension. The platform also has a method to…

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An agreement between striking screenwriters and Hollywood studios offers some hope. (Chris Pizzello/Invision/AP) AI 

Agreement Reached to End Hollywood Screenwriters’ Five-Month Strike

One of the two walkouts that have halted film and TV production has been resolved as Hollywood screenwriters on strike have reached a preliminary labor agreement with studios such as Walt Disney Co. and Netflix Inc. The Writers Guild of America, which represents more than 11,500 Hollywood scribes, said Sunday it had reached an agreement with the studios’ bargaining group, the Alliance of Motion Picture & Television Producers. The agreement will end the strike that began on May 2, if accepted by guild members. The temporary three-year contract requires the…

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New rates revealed by Disney for ad-free Disney+ and Hulu Subscriptions, alongside password sharing crackdown strategy. (AP) News 

Disney+ and Hulu Increase Prices to Discourage Password Sharing

Disney is preparing to implement a series of modifications to its streaming services in the upcoming weeks, signifying a notable transformation in its streaming lineup. The entertainment giant has announced its aim to increase the subscription costs for both ad-free editions of Disney+ and Hulu, alongside unveiling strategies to address the problem of password sharing. Updated subscription prices for Hulu and Disney+ Starting October 12, Disney’s new pricing structure will take effect on ad-free Disney+ and Hulu offerings. Here’s a breakdown of the changes (via 9to5Mac). 1. Disney+ with ads:…

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The streaming service is also expanding its ad-supported tier to Europe and Canada. News 

Disney+ Increases Prices and Limits Account Sharing

In May, Disney CEO Bob Iger revealed that the company’s streaming service would experience a price increase in the near future. During Disney’s quarterly earnings call, Iger announced that the ad-free Disney+ premium tier would be raised to $13.99 on October 12. This marks the second $3 price hike for the streaming service within the past year, as the current subscription price of $10.99 was established in December. Additionally, Hulu’s ad-free plan will also see a $3 increase, bringing the standalone subscription cost to $17.99 per month. That’s a big…

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Google says court order on Disney app fee in India temporary (REUTERS) News 

India Court Issues Temporary Order on Google’s Fee for Disney+ Hotstar App

Google announced on Wednesday that the recent court order in India, which instructed the company to implement a reduced 4% in-app payment for Disney’s streaming service, will only be in effect temporarily until the court proceedings are concluded. India-based Disney has gone to court in the latest and most significant challenge to Google’s practice of imposing a “service charge” of 11% to 26% on in-app payments. The service fee was introduced after the antitrust directive banned Google’s previous 15-30% fee and forced Google to allow third-party payments. An Indian court…

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Interact with characters from Pixar movies, ‘Star Wars’ and more. News 

Echo Devices Now Enabled with Amazon’s ‘Hey Disney!’ Feature

Amazon and Disney have collaborated to develop an interactive encounter that merges Alexa’s voice assistant capabilities with Disney’s extensive collection of characters. The newly launched “Hey Disney!” can be accessed on all Echo devices and marks the first instance where Amazon has permitted an assistant other than Alexa on its range of speakers and tablets. When you buy an annual subscription to the new voice assistant from the Alexa Skills Store, you’ll have whole new ways to interact with your Echo gadgets. The wake word changes to “Hey Disney!” which…

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Government wants at least 50 seconds of anti-tobacco disclaimers, including an audio-visual, at the start and in the middle of each program News 

Group Supported by Netflix, Amazon, and Disney Challenges Government Regulations on Tobacco

A letter viewed by Reuters revealed that a group in India, which represents Netflix, Amazon, and Disney, has informed the government that the new tobacco warning regulations are impractical for streaming giants and will infringe on the creative freedom of content producers. As part of India’s anti-tobacco drive, the health ministry last month ordered streaming platforms to add static health warnings during smoking episodes within three months. India also wants at least 50 seconds of anti-tobacco disclaimers, including audiovisual information, at the beginning and middle of each program. The three…

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After the huge success of JioCinema with IPL 2023, Disney+ Hotstar is offering free livestreaming of two big cricket tournaments. (Reuters) News 

Disney Launches Free Cricket Streaming on JioCinema App, Including India-Pakistan Match

Disney+ Hotstar has decided to follow in the footsteps of its competitor JioCinema by providing free livestreaming of major cricket tournaments in India through its mobile app. The Asia Cup and ICC Men’s Cricket World Cup are among the confirmed events that will be available for free. Fans of cricket can enjoy these tournaments live on the Hotstar app. The IPL live streaming went so well that JioCinema garnered a massive viewership of 44.9 million on its platform. The final match of IPL 2023 between Chennai Super Kings and Gujarat…

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Disney plans to reduce its workforce by 7,000 jobs as part of a larger reorganisation that will see the company cut $5.5 billion in costs. News 

Disney begins layoffs, affecting 4,000 employees

Entertainment giant Disney began its second round of layoffs on Monday, affecting 4,000 workers. According to a CNBC report, the third round is expected to begin before the start of summer. Disney plans to cut 7,000 jobs as part of a larger restructuring that will see the company cut costs by $5.5 billion. “The senior management teams have been working diligently to define our future organization, and our top priority has been to get this right rather than getting it done quickly,” the company said in a statement to employees.…

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Anxiety has been building within Disney, as rumors swirled about areas of possible cuts News 

Walt Disney Co begins 7,000 layoffs in effort to control costs

Walt Disney Co on Monday began 7,000 layoffs announced earlier this year as it seeks to control costs and create a “more streamlined” business, according to a letter seen by Reuters from CEO Bob Iger to employees. The impact will affect several of the company’s main divisions — Disney Entertainment, Disney Parks, Experiences and Products and the company, according to a person familiar with the matter. This week’s round of cuts does not involve ESPN, but is expected to be included in later rounds. The entertainment industry has seen a…

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