Media
Bob Iger’s fast start back as Disney’s CEO is welcome news to shareholders like us
Bob Iger, who returned last week as CEO of Disney (DIS), told employees Monday he intends to maintain the company’s current hiring freeze. He also reiterated the need for Disney to pivot its streaming business objective away from subscriber growth at all costs and toward profitability. As shareholders for the Club, we are pleased to […]
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Disney hiring freeze will stay in place, CEO Bob Iger tells employees
Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange, November 27, 2017 in New York City. Getty Images Disney Chief Executive Officer Bob Iger said during his first town hall since returning to the company that […]
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Disney CEO Bob Iger to hold town hall with employees on Monday
Drew Angerer | Getty Images News | Getty Images Disney Chief Executive Bob Iger will speak to employees at 9 a.m. PT Monday in a town hall, marking his return to the company. Iger said in a memo to employees he will discuss the future of Disney and answer questions about what’s ahead. He’ll speak […]
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Potential News Corp, Fox reunion faces opposition from big shareholder
Rupert Murdoch, Main Executive Officer of Information Corp. Getty Images Rupert Murdoch’s proposed system to reunite Information Corp and Fox is experiencing opposition from 1 of the major shareholders in both of those providers, Unbiased Franchise Partners. The London-dependent organization believes other solutions, these types of as a breakup of Information Corp, ought to also […]
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Disney is counting on Bob Iger to make hard decisions about its streaming and TV assets – or find someone who will
Bob Iger, chairman and chief executive officer of The Walt Disney Company, pauses while speaking during an Economic Club of New York event in Midtown Manhattan on October 24, 2019 in New York City. Drew Angerer | Getty Images For nearly three years, Bob Chapek had a plan at Disney: Bob Iger’s plan. “We are […]
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Taylor Swift’s tour promoter says it had no choice but to work with Ticketmaster
Taylor Swift accepts the Artist of the Year award onstage during the 2022 American Music Awards at Microsoft Theater on November 20, 2022 in Los Angeles, California. Kevin Winter | Getty Images Entertainment | Getty Images Taylor Swift’s tour promoter is shifting blame for the botched “Eras” ticket sale squarely onto Ticketmaster, potentially fueling even […]
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Trump Media deal partner says shareholders approve delay of merger with Truth Social parent
This illustration photo shows Donald Trump’s new social media app Truth Social’s logo on a smartphone in Los Angeles, February 21, 2022. Chris Delmas | AFP | Getty Images Digital World Acquisition Corp., the blank check company that plans to take Trump Media and Technology Group and its Truth Social platform public, said Tuesday that […]
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Iger announces first big moves in new tenure as Disney CEO: Restructuring and departure of Chapek right hand Kareem Daniel
Bob Iger attends the World Premiere of Walt Disney Studios Motion Pictures ‘Avengers: Endgame’ at Los Angeles Convention Center on April 22, 2019. Jeff Kravitz | FilmMagic, Inc | Getty Images Bob Iger, less than 24 hours after returning to the helm of Disney, told employees Monday that the company would be undergoing a restructuring […]
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Paramount scraps deal to sell Simon & Schuster to Penguin after weeks after judge rejected merger
The Penguin logo is visible on the spines of books displayed on a shelf at Book Passage on Nov. 2, 2021 in Corte Madera, California. The U.S. Department of Justice is suing Penguin Random House and Simon & Schuster to block the companies from completing a merger valued at $2.175 billion. Justin Sullivan | Getty […]
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JPMorgan breaks from relaxation of Wall Road, says you should not chase Disney shares listed here
Disney’s inventory may possibly be receiving in advance of by itself soon after the return of famous CEO Bob Iger, according to JPMorgan. Shares of the media giant rallied after the Sunday night announcement that Iger was changing Bob Chapek , his previous successor. Wall Road analysts mainly cheered the go, with MoffettNathanson upgrading Disney […]
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