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Citigroup Maintains Buy on Walt Disney, Raises Price Target to $140

Oct 16, 2026, 8:36 PMBenzinga Newsdesk

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BenzingaOct 16, 2026, 3:14 PMBenzinga Newsdesk
'Disney agreed to pay $60 million to 66 employees from an AI startup that filed for bankruptcy, weeks after tech layoffs' - Business Insider
https://www.businessinsider.com/disney-pays-60-million-characterai-employees-tech-layoffs-karandeep-anand-2026-10?utm_campaign=business-link-post&utm_medium=social&utm_source=twitter
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BenzingaOct 16, 2026, 1:12 PMAnusuya Lahiri
Netflix Needs Another 'Squid Game' Moment As Growth Pressure Mounts
Netflix cuts 1,000 jobs and brings in former Disney executive Peter Rice to revamp content, boost engagement, and drive growth.
DIS GOOG GOOGL META NFLX
BenzingaOct 16, 2026, 4:26 AMRadhika Anilkumar Nadig
Netflix Replaces Content Chief Bela Bajaria With Ex-Disney Exec Peter Rice, a Day After Announcing 6% Layoffs
Netflix tapped industry veteran Peter Rice to replace content chief Bela Bajaria, a day after announcing about 1,000 layoffs.
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