John Hodulik, telecom analyst at UBS, talks Disney's first-quarter results.

CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

Last year, Disney's Parks, Experiences and Consumer Products segment was its fastest-growing profit driver. Now, it could be the company's biggest drag on earnings, thanks to the Covid-19 outbreak.

Disney wants Wall Street to focus on its growing streaming business, but its media networks, theme parks and film studio have grown too large to be ignored. That's become a big problem during coronavirus shutdowns.

This is the first earnings report with Bob Chapek at the helm of Disney, after former CEO Bob Iger transitioned to executive chairman.

Disney reports earnings after the bell on Tuesday for the first time since the launch of Disney+. Options traders aren't convinced the streaming service will propel the stock to new highs.

The stocks making the biggest moves in premarket trading include Berkshire Hathaway, Gilead, Disney, Intel, and more.

These are the stocks posting the largest moves in midday trading.

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Making sense of Disney's earnings, with CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Steve Grasso and Karen Finerman.

James Stewart, The New York Times columnist, on whether Disney can make up for its parks shutdown. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Steve Grasso and Karen Finerman.

CNBC's Julia Boorstin reports that Disney Springs will become the first Disney property to reopen, and it will happen on May 20.

Disney Shanghai sells out ahead of Monday's reopening. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Brian Kelly and Jeff Mills.

CNBC's Eunice Yoon reports the latest out of Beijing on the rising tensions between the U.S. and China over the handling of coronavirus.

Disney is remaking another one of their beloved classics, but it looks like not all fans are happy about it!

People all over the world are now being advised to wear face masks to slow the spread of coronavirus. 

Luckily, Disney is here to bring a spark to this new corona fashion wear, especially for kids who are more frightened these days. 

In a statement on its home page, the company expressed its commitment to serving the communities during these challenging times by creating a new line of family-friendly reusable cloth face masks featuring its timeless stories and beloved characters.  

Disney announced it will donate one million cloth face masks for children and families in underserved and vulnerable communities across the U.S. and pledged to donate all the profits to the non-profit organization, Medshare, which specializes in redistributing medical supplies to hospitals in need. 

From Baby Yoda to Winnie The Pooh and Mickie Mouse, the masks are aimed at kids and kids at heart who can finally have a chance to let out their inner character. 

You can purchase a four-pack of face masks for $19.99 in small, medium, and large sizes. 

Check out some of the cool designs. 

Bollywood Hungama had earlier reported that multiple Bollywood films are gearing up for a direct to OTT release, owing to the on-going coronavirus pandemic. We have now exclusively learnt that Akshay Kumar’s horror comedy is set for a direct to digital release in June. “Akshay Kumar, Vijay Singh (Fox Star Studios) and Tusshar Kapoor (Producer) along with the officials of Disney+Hotstar have been interacting over video calls for last 3 weeks, and it was only on a meeting on the evening of May 4 that everyone reached a common ground to get the film to release directly on the OTT platform,” revealed a source close to the development.

The source further added that everyone has now given a green signal to give up on the theatrical release as the stakeholders don’t expect cinema halls to open before September this year. “The principal shoot of Laxmmi Bomb was wrapped up in November last year, with some patch-work and reshooting done more recently in February. Director Raghava Lawerence is currently working on the final edit and post production of the film from Hyderabad, while Akshay is expected to send his dubbing tapes digitally to the director in a couple of days,” the source added.

The makers have cracked an umbrella deal by renegotiating the satellite and digital rights with Star network and Fox Star Studios. “The combined value of the deal from the sale of digital and satellite rights is estimated to be around Rs. 90 to 100 crores, in addition to the income from music rights. Major chunk of the money goes in Akshay Kumar’s pocket, as apart from acting, he is also one of the producers on the film,” the source explained.

While an official confirmation is still awaited, we hear that this will be among the first major films to arrive direct on OTT. “A lot of films will follow suit, it’s just a matter of time before things are made official.”

Also Read: Radhe – Your Most Wanted Bhai and Laxmmi Bomb to miss their Eid release this year due to Coronavirus lockdown

Sophie Turner, who stars as Phoenix in the film series "X-Men", has said that she would relish the opportunity to reprise her role in the future.

"I don't even know what the deal is, whether Disney wants to continue on the 'X-Men' journey. I would always be down to go back to that character and that cast and that experience ... We had the best time on those movies. I would kill to go back," she said in a video chat seen on Twitter, reports femalefirst.co.uk.

Turner is currently starring in the TV series "Survive", where she plays a survivor of a plane crash who has to make it back to civilisation. She hopes the new show will make those suffering with mental illness feel "less alone".

Turner said: "What drew me to the script was the way that mental illness was written so accurately in my opinion. It felt real to me. I also loved the notion that this girl who wanted to die so badly ends up fighting for a life that she never wanted to live in the first place."

She also feels "Survive" will help to make people feel less alone. "I hope that the story of this girl finding something to live for helps others find the ability to do that, too," she said.

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The Disneyland theme park in Shanghai will reopen on May 11 under "enhanced health and safety measures," the firm said. Only limited attendance will be allowed initially, and visitors will need to book tickets and make reservations in advance. Social distancing will be maintained in lines for amenities, in restaurants, on rides and other facilities and sanitisation and disinfection will be boosted, it added.

With warmer weather and new virus cases and deaths falling to near-zero, China has been steadily re-opening, parks, museums and tourist sites such as the Great Wall of China and the Forbidden City ancient palace complex in Beijing. China has reported two confirmed cases and 20 new asymptomatic infections.

China asks US for proof
China on Wednesday dared US Secretary of State Mike Pompeo to show "enormous evidence" he claimed to have to prove that the virus originated from a lab in Wuhan and said he has no proof to back up his claims.

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Education on epilepsy could help patients to have better treatment outcomes. Californians Candy and Brad Levy wanted to give back to the community after

But it won't star Nicolas Cage like the movies. Producer Jerry Bruckheimer reveals that a National Treasure TV show is coming to Disney+, on top of the National Treasure 3 movie hitting theaters.

Yet another economic acronym to impress your friends with.

Based on a novel by Peter Stephan Jungk, 'The Perfect American' is the story of one of the 20th century's biggest entertainment moguls. The FT's arts writer gives his verdict on the work's premiere at the Teatro Real, Madrid.  

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Hooq, a five-year-old on-demand video streaming service that aimed to become “Netflix for Southeast Asia,” has shut down weeks after filing for liquidation and terminated its partnerships with Disney’s Hotstar, ride-hailing giant Grab, and Indonesia’s VideoMax. Hooq Digital, a joint venture among Singapore telecom group Singtel (majority owner), Sony Pictures, and Warner Bros Entertainment, discontinued […]

She welcomed her daughter Olympia into the world in September 2017. And Serena Williams kicked off another milestone as she took little Alexis for a first-time visit to Walt Disney World

She's known for being an incredible actress. Yet Jacqueline Jossa revealed she has a hidden second skill as she showcased her vocal abilities on Monday.

The actress, 54, confirmed on Thursday that her co-stars Bette Midler and Kathy Najimy are set to return for the follow-up project.

The pictures show some of the spots in Salem, Massachusetts, where the Disney movie was filmed, matched with scene stills from the flick, which tells the story of three witches resurrected on Halloween.

After nearly three decades since hitting theaters, Disney+ has confirmed their plans to move forward with a sequel to the cult Halloween movie, Hocus Pocus on Wednesday.

Carson stepped out in silver heels and wore her hair plastered against her skull. She completed the look with dark pink eye-shadow and pale pink lip color and added statement earrings.

She's a Record of the Year and Album of the year nominee for the upcoming Grammy's for her album, Truth Hurts. And on Thursday, the 31-year-old singer headed off to the happiest place on earth.

She nabbed five nominations at Sunday's awards show, including Album of the Year. Grande was also one of several on the star-studded lineup to perform at the Grammy Awards.

The 20-year-old captioned the 12-second video: 'just crashed a wedding at disney world' He walked hand-in-hand with a young bride as they entered the reception hall to his track Old Town Road.

Angelina Jolie proved she ensured to make time for all her children on Friday, seen in Disneyland, California, with her four youngest children after dropping Maddox off at college in South Korea.

They're jetting around the world promoting their anticipated follow-up to 2014 box office his Maleficent.

Hamilton debuted on August 6, 2015 and has gone on win 11 Tony Awards. And on Monday, the musical's creator Lin-Manuel Miranda revealed that Disney will be bringing the play to the big screen.

Rebel Wilson marked her 40th birthday with a magical evening at Disneyland in Anaheim, California on Monday night.

Those considering holidays to southern states in the US should look at alternatives, said Professor Jimmy Whitworth of the London School of Hygiene and Tropical Medicine.

The company, founded by Star Wars filmmaker George Lucas, will set up a branch at the Entertainment Quarter in Moore Park in the city's east.

The wife of Ryan Reynolds was seen posing with Mickey Mouse at Disneyland Paris as she appeared to have no makeup on and was wearing her unbrushed hair down.

McKenna May, a Ohio girl who has spent most her life battling cancer, will get to visit Disney World after family members raised funds for her to take the trip.

Disney's famous 1973 animated movie, Robin Hood, is being remade as a live action film for the brand's streaming service, Disney Plus. 

The 20-year-old's now-signature tongue out-twerking appalled everyone, including The Parents' Television Council, which slammed the performance, and blamed MTV for allowing such an 'unacceptable' routine to air.

With Star Wars: The Rise of Skywalker hitting theaters tonight with sneak preview screenings before opening nationwide Friday, some of the film's stars are praising the posthumous cameo from Carrie Fisher.

Fans waiting with bated breath for the second season of The Mandalorian on Disney Plus now know roughly how long they have to wait.

Disney+, due to launch in the UK on March 24, is offering would-be British customers a one-month discount of £49.99-a-year, totalling just £4.17-a-month. It makes the service the cheapest.

How much is Disney Plus and what are the best deals out there right now? Here's all the information you need to know before creating an account.