Time Warner agreed to line up with Disney, Fox and Comcast as joint owner of US streaming media service Hulu. It has acquired a 10% stake in the business for $583m, and will offer its TNT, TBS, CNN and

4bn is about what Disney paid for Star Wars owner Lucasfilm, and slightly more than Comcast is paying for DreamWorks Animation. Thomson Reuters is to sharpen its focus on financial information following

Disney, Fox and NBC Universal, but also a collection of TV and cable channel feeds. These are likely to include Disney's ESPN and Disney Channel, as well as Fox News and FX. NBCU has yet to decide whether

beating even Disney's Inside Out at the global box office. DreamWorks founder and CEO Jeffrey Katzenberg - who would earn around $22m from a sale - is expected to remain with the group as chairman of

Tom Staggs, group COO of Walt Disney and widely considered the heir apparent to current chairman-CEO Bob Iger, has resigned from the company "by mutual agreement". No reason was given for his departure,

Disney, it its own 1Q results this week, disclosed that Star Wars merchandise had generated retail sales of $3bn worldwide during the quarter. Hasbro gets only part of that: CEO Brian Goldner said the

like Universal's Jurassic World and Furious 7 and Disney's Avengers Age of Ultron and Star Wars. Jurassic was the world's biggest movie with global takings of $1.7bn, followed by Furious 7 ($1.5bn) and

and of Walt Disney Pictures in South-East Asia. In reviews, DDB North America is defending reviews of two of its longest-held local creative accounts: Clorox Company, which it has held for almost 20 years

Disney, Fox and Comcast - are in talks to recruit Time Warner as an equal fourth partner. Warner's television studio is one of the biggest creators of broadcast content in the US, and stronger ties to

A&E, a joint venture between Disney and Hearst, already has a 10% stake in Vice, and is expected to increase that to 15% in return for transferring partial ownership of the H2 strand to its partner. The