Nov 8, 2018

Disney's Netflix competitor will be called Disney+

Source: Disney

Disney will call its 2019 subscription video on-demand product Disney+, CEO Bob Iger told investors on the company's third quarter earnings call Thursday. Disney's direct-to-consumer unit earlier this year launched ESPN's subscription product called ESPN+.

Why it matters: Disney is hoping its $71.3 billion investment in 21st Century Fox's entertainment assets (movie franchises, TV networks, movie studios, etc.) will help it obtain and create enough intellectual property to be able to lure Netflix subscribers to pay for its video content.

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Felix Salmon
7 mins ago - Economy & Business

Breaking down the Tesla obsession

Illustration: Sarah Grillo/Axios

Tesla is the company of the moment — the prime exemplar of just about any big and important trend that you might care about.

Why it matters: Almost every reader of finance and business news will have at least one strongly-held opinion about Tesla. What you might not realize is just how widely those opinions range, and the degree to which they map onto much broader views of the world.

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Fadel Allassan
36 mins ago - Politics & Policy

Gallup: Party preference swings dramatically in favor of Democrats

Photo: Jim Watson/AFP via Getty Images

Americans' political party preferences have swung sharply from a 2-point Republican advantage in January to an 11-point Democratic advantage in July, according to Gallup's monthly averages of telephone polls in 2020.

The big picture: The dramatic shift is more a product of fewer people identifying as Republican or Republican-leaning (down 8% since January) than gains among those who identify as Democratic or Democratic-leaning (up 5%).

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Ursula Perano
1 hour ago - Politics & Policy

Nancy Pelosi: "I yearn for other Republican presidents"

House Speaker Nancy Pelosi (D-Calif.) called on President Trump Thursday to exercise "the full power" of the Defense Production Act to meet coronavirus equipment needs and accused him of engaging in a "massive dereliction of duty" by ignoring science during the pandemic.

What she's saying: "I yearn for other Republican presidents," Pelosi said at a press conference. "While we may have disagreed on many points, but at least we had a shared commitment to the governance of our country."

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