Five of the six children of former Los Angeles Lakers owner Jerry Buss still intend to sell their remaining minority ownership of the NBA team despite the opposition of their sister, Jeanie.
Los Angeles Lakers governor Jeanie Buss is legally contesting her siblings’ plan to sell the family’s remaining 17.8% minority ownership stake in the team to Josh Kushner and Bob Iger, according to a letter obtained by The Associated Press.
Josh Kushner and partner Bob Iger reached a deal this week to purchase control of the Los Angeles Lakers at a valuation of $12.5 billion.
The Los Angeles Lakers are being sold for the second time in a year, going to businessmen Josh Kushner and Bob Iger for a record-breaking price.
Disney is investing $1 billion in OpenAI to bring characters like Mickey Mouse and Luke Skywalker to the AI company's Sora video tool.
Oscar-nominated producer Jason Blum is set to receive the Business Visionary award from PEN America at its fundraising gala next spring.
Two ABC affiliate owners say they’ll continue to preempt late night talk show host Jimmy Kimmel with their own local programming, even after ABC said they would reinstate his show nationally.
Disney’s profit and revenue climbed in its fiscal third quarter as the entertainment company continued to add subscribers to its streaming service and see strength at its domestic theme parks.
ESPN will continue to broadcast the NFL Draft as well as obtaining new digital rights for its upcoming direct-to-consumer service.
The NFL has entered into a nonbinding agreement to sell NFL Network and other media assets to ESPN.
Behind the red carpet movie premieres and new thrill-inducing rides for fans of its amusement parks, there is a quiet search underway to find the successor to Bob Iger, the face of Disney for most of the past two decades.
Bob Iger, the enterprising entertainment executive who brought Star Wars, Pixar and Marvel under the Disney marquee and challenged the streaming dominance of Netflix, will replace his handpicked successor, CEO Bob Chapek, whose two-year tenure has been marked by clashes, missteps and a weakening financial performance.
Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex, greet Disney CEO Robert Iger and US singer-songwriter Beyonc at the European premiere of Disney's "The Lion King" at Odeon Luxe Leicester Square on July 14, 2019 in London, England. Two royal couples showed up at "The Lion King" premiere on Sunday. Prince Harry and Duchess Meghan attended the European premiere of the movie in London. Shortly after, pop royalty -- Beyonc and Jay-Z -- arrived. Meghan hugged both Beyonc and Jay-Z, and Beyonc congratulated the royals on the birth of their baby Archie, according to The Daily Mail's Rebecca English.