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Stock impact report

The Grammys telecast moves to Disney from CBS under new 10-year deal [Los Angeles Times (CA)]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
The Grammys, a five-decade fixture at CBS (and more recently Paramount+), will be broadcast simultaneously across ABC, Hulu and Disney+ under the new 10-year arrangement. “We are completely thrilled to be bringing ‘The GRAMMYS' and other new music programming to the Disney ecosystem,” said Recording Academy CEO Harvey Mason Jr. in a statement. “We are grateful to our long-standing partners at CBS and now honored to be joining with Disney, an iconic company where creators have always been at the forefront. This partnership represents another important milestone in the Academy's transformation and growth, and strengthens our ability to fulfill our mission of uplifting and serving music people around the world.” Disney Entertainment Co-Chairman Dana Walden said that “As The Walt Disney Company combines forces with The Recording Academy to open this exciting new chapter in the history of ‘The Grammys,' we do so with pride and gratitude. Live events have never been more important to o Show less Read more
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