Bob Iger
Why a trip to Disney World or Disneyland may have gotten too pricey for the average American family
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Theme parks like Disney World and Disneyland are quickly becoming out of reach for many middle class families. Over the past 10 years, the average cost for a Disney World single-park ticket has increased more than 56%, above the national rate of […]
Read More
Streaming is getting more expensive for consumers. Here’s why
Jaque Silva | SOPA Images | Lightrocket | Getty Images Streaming is finally starting to pay off for media companies, but there’s a catch — to get there, consumers are facing higher subscription costs and increasingly frequent price hikes. Legacy media companies entered the streaming market with a focus on gaining subscribers and competing with […]
Read More
In a reversal, Disney’s media assets are starting to generate more excitement than its parks
A scene from Disney and Pixar’s film “Inside Out 2.” Courtesy: 2024 Disney | Pixar Here’s a surprise: Disney‘s media business isn’t weighing down the company anymore. The primary Disney investor narrative since 2022 has been how streaming losses, combined with a declining traditional pay TV business and a string of box office failures, have […]
Read More
Willow Bay, Bob Iger to take controlling stake in NWSL’s Angel City FC at a $250 million valuation
Bob Iger, chief executive officer of The Walt Disney Co., and his wife attend Willow Bay the Allen & Company Sun Valley Conference on July 11, 2024 in Sun Valley, Idaho. Kevork Djansezian | Getty Images Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world’s most valuable […]
Read More
Disney earnings top analyst estimates as streaming nearly breaks even in the quarter
The “Partners” statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida, photographed Saturday, June 3, 2023. Joe Burbank | Tribune News Service | Getty Images Disney reported fiscal second-quarter earnings Tuesday that beat analyst estimates after narrowing streaming losses. Revenue was […]
Read More
Disney wins proxy fight with Nelson Peltz’s Trian Partners, as shareholders reelect full board
Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Disney shareholders on Wednesday reelected the media conglomerate’s full board, preliminary results show, handing a stinging defeat to activist Nelson Peltz and former Marvel CEO Ike Perlmutter, […]
Read More
Disney reportedly poised to claim victory in bitter Peltz board struggle
Walt Disney Co has secured adequate shareholder votes to defeat a obstacle towards its board mounted by Nelson Peltz’s hedge fund Trian Fund Administration, individuals familiar with the make any difference said on Tuesday. Robyn Beck | Afp | Getty Photos A multimillion-dollar, mud-slinging battle about Walt Disney‘s long run will officially conclusion on Wednesday […]
Read More
Disney's largest shareholder Vanguard reportedly backing management over Peltz in board fight
Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in Shanghai, China. Visual China Group | Getty Images Disney’s largest shareholder, index-fund manager Vanguard, plans to support management over Nelson Peltz’s Trian Partners in Wednesday’s board […]
Read More
Disney versus Nelson Peltz vote hinges on Vanguard, Condition Avenue, institutional investors
Bob Iger and Nelson Peltz. CNBC In 2015, Nelson Peltz’s Trian Associates was defeated in an activist campaign towards chemical business DuPont, mainly simply because the leading a few institutional shareholders voted in opposition to his slate. Just about a 10 years later, these identical institutional buyers — Vanguard, Point out Avenue and BlackRock — […]
Read More
CNBC Daily Open: Fights in the Dwelling of Mouse
Actors dressed as Walt Disney characters Mickey Mouse (left) and Minnie Mouse (ideal) perform throughout a press preview for the “Minnie Besties Bash!” parade at Tokyo Disneyland on January 17, 2023 in Urayasu, Japan. Tomohiro Ohsumi | Getty Images Leisure | Getty Images This report is from present day CNBC Everyday Open up, our intercontinental […]
Read More