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The film and television giant will turn its cable networks, including CNN and TNT, into one company and its streaming and studios business into another.
Netflix said its subscribers grew 16% to 269.6 million, but said it would no longer regularly report the metric starting next year.
Disney World's Star Wars: Galactic Starcruiser is closing and will make its final voyage this September after being open for only more than a year.
Cinemas stocks got a boost after a report surfaced that Amazon plans to spend $1 billion a year on theatrical film releases.