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The Latest Breaking News from Bob Chapek

The Crisis At Disney: Part 3, Does Disney Still Have A Competitive Edge?

This is part three of the four-part series "The Crisis at Disney"

Benzinga

Cathie Wood Sheds Nearly All Walt Disney Exposure With $7M Sale

Cathie Wood-led Ark Invest Management on Tuesday shed most of its exposure in Walt Disney Co (NYSE: DIS) amid reports of a likely shareholder battle over CEO Bob Chapek's salary.

Benzinga

The Crisis At Disney: Part 1, Bob Chapek's Blunder Road

This is part one of a four-part series, "The Crisis at Disney."

Benzinga

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Lightyear’s same-sex kiss – the controversy that led to Disney's first 'real' LGBTQ+ representation

Disney-Pixar’s latest animated escapade is about to hit our cinema screens. It’s the origin story of one of their most beloved characters – Toy Story’s Buzz Lightyear. In the lead-up to its release, online speculation soared after it was confirmed that Lightyear would include the company’s first same-sex kiss. The…

The Conversation

Disney Pays $3B For India TV Rights To Indian Premier League Cricket

The Walt Disney Co. (NYSE: DIS) has secured the Indian subcontinent television rights to Indian Premier League (IPL) cricket, despite earlier reservations from CEO Bob Chapek regarding the company’s enthusiasm in pursuing this sporting event.

Benzinga

Disney's culture clash led to firing of TV chief

Peter Rice has one of the longer resumes in the entertainment industry, but when his time at Walt Disney Co. came to an end it was over in seven minutes.

Tribune News Service

Peter Rice ousted as Disney TV chief in major shake-up

Peter Rice, the chairman of Walt Disney Co.'s TV content division, has been fired from the Burbank-based entertainment giant in a move sure to rock Hollywood.

Los Angeles Times

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Disney Abruptly Fires Veteran Content Executive - All You Need To Know

Walt Disney Company (NYSE: DIS) named Dana Walden as Chairman, Disney General Entertainment Content,

Benzinga

Pride Month: Looking for meaningful inclusion beyond pride flags and rainbow pastries

It’s no secret that corporations jump on the pride bandwagon, but inclusion of the community is a work in progress

The Hindu

Does Disney Still Have A DTC Streaming Ace Up Its Sleeve That Could Dominate The Market?

Media giant Walt Disney Co (NYSE: DIS) beat estimates for the second quarter with growth coming for its Parks and Resorts segment and also its direct-to-consumers business, led by streaming growth. Could the company have another ace up its sleeve for future growth?

Benzinga

Can Marvel Films Profit Without Playing In China? Here's What Disney CEO Bob Chapek Says

Walt Disney Co.

Benzinga

Disney Profit Slips but Streaming TV Subscribers Jump

Disney on Wednesday said its profit slipped in the recently ended quarter but its television streaming service and parks were booming. The entertainment giant reported net income of $470 million, just over half of the $912 million profit it made in the same period a year earlier. But park attendance…

Asharq Al-Awsat

Disney theme park revenues double even amid scuffle with DeSantis, GOP

ORLANDO, Fla. — Walt Disney Co. executives boasted about another blockbuster quarter Wednesday at its theme parks even as they remained mum about the feud with Florida Gov. Ron DeSantis.

Orlando Sentinel

If You Invested $1,000 In Disney When Bob Chapek Became CEO, Here's How Much You'd Have Now

Walt Disney Co (NYSE: DIS) has seen its share of problems over the last couple of years with the COVID-19 pandemic impacting its parks and theatrical releases.

Benzinga

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Los Angeles Times

Republicans took away Disney's special status in Florida. Now they're gunning for Mickey himself

It all began with a mouse, and now that big-eared rodent is in the middle of a turf war between conservatives and one of the world's most influential media companies.

Benzinga

I Am Iron Man: Disney CEO Compares Himself To Marvel Superhero

The CEO of a publicly traded company took the opportunity to compare himself to one of the most famous superheroes of all time during a graduation speech.

The Independent UK

What is Florida’s ‘Don’t Say Gay’ bill?

Controversial legislation bans ‘sexual orientation and gender identity’ issues from classrooms

The Guardian - UK

How Disney found its pride – and riled the American right

Once known for its ‘traditional’ values, the entertainment giant is battling US conservatives over an anti-gay bill. Indeed the House of Mouse has had a long relationship with the LGBTQ+ community

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news in one place.

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Benzinga

Disney Communications Chief Geoff Morrell Resigns After Three Months

Geoff Morrell, the Walt Disney Co.’s (NYSE: DIS) chief corporate affairs officer who crafted the company’s public response to Florida’s so-called “Don’t Say Gay” legislation, has left the company after three months on the job.

Los Angeles Times

Disney ‘metaverse’ begins to take shape

LOS ANGELES — Walt Disney Co. has brought its characters to life in its theme parks and expanded its franchises through streaming services.

Chicago Tribune

Editorial: To end a Mickey Mouse situation, Disney and DeSantis must talk and compromise

The goofy impasse between the Walt Disney Co. and the state of Florida — two venerable entities whose fates are inextricably intertwined — is providing lots of red meat for Fox News, MSNBC and divisive partisans on both sides — but it’s bad for America.

Input

Jack Dorsey is now the 'Block Head 'in charge of Block

Chief executives are going out of style. It's all about 'Technokings' and 'Block Heads' now.

Benzinga

Texas Judge Invites Disney To Relocate Theme Parks To The Lone Star State

A Texas judge has invited the Walt Disney Co. (NYSE: DIS) to bid farewell to the “extremists in Florida” and relocate its Sunshine State attractions and operations to the Lone Star State.

Orlando Sentinel

DeSantis signs bill eliminating Walt Disney World’s Reedy Creek district; Fitch warns of bond downgrade

Florida Gov. Ron DeSantis signed into law two bills targeting The Walt Disney Co. on Friday, eliminating the company’s special Reedy Creek district and stripping its exemption from the “Big Tech” social media bill.

Asharq Al-Awsat

Florida Governor Calls to End Disney's Self-governing Status at Theme Park

Florida governor Ron DeSantis asked the US state's congress Tuesday to vote to eliminate a statute that allows entertainment giant Disney to act as a local government in Orlando, where it has its theme park. The move is the latest episode in a dispute between DeSantis' administration and Disney, after…

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Hans Christian Andersen

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