Sector Update: Consumer

3:22 PM ET 10/08/2026 - MT Newswires

In corporate news, Walt Disney (DIS) has pitched Skydance's (SKYD) Paramount Pictures and Comcast's (CMCSA) Universal Pictures about using its new brand for large-screen movie formats instead of Imax (IMAX) to market their films, Bloomberg reported. Disney shares were up 2.1%.

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