Disney stock falls on $10 million YouTube kids-privacy settlement as ‘Zootopia 2’ record fails to lift shares
NEW YORK, December 31, 2025, 15:30 ET — Regular session The Walt Disney Company’s shares fell on Wednesday after U.S. authorities said the entertainment group agreed to pay a $10 million civil penalty to resolve allegations tied to children’s privacy rules on YouTube. Reuters The case matters now because regulators have been sharpening their focus on how large media and digital brands handle data tied to children — a sensitive area for a company whose franchises and marketing reach deep into family viewing. Investors have also been quick to discount headlines that raise compliance risk as year-end liquidity thins. Reuters+1