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The Latest Breaking News from Bob Iger

Bob Iger On ESPN, Streaming, Hollywood Strike: Post Q4 Earnings Comments

Media company Walt Disney Co (NYSE:DIS) reported fourth-quarter financial results and an update on its Disney+ streaming platform.

Zenger

Hollywood's labor stoppage is over, but a painful industry-wide transition isn't

Hollywood’s months of labor unrest are coming to an end, but the post-strike landscape that awaits actors and writers may be far from happy-ever-after

The Independent UK

Disney shares rise 7% after cutting streaming losses by $1 billion while gearing up for round two against Nelson Peltz

After a year of cost cuts, Disney is better positioned to ward off Peltz, who has long criticized its spending habits.

Fortune

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2 Underperforming S&P 500 Stocks That Look Like Top Buys for 2024

While the S&P 500 Index is in the green this year, around half of its constituents are in the red. Disney and Enphase Energy are two underperforming S&P 500 components that look like top stocks to buy for 2024.

Barchart

Bob Iger Talks Streaming Profitability, But I’m More Interested In That Combined Disney+ And Hulu App I Didn’t Even Know I Wanted

Disney+ and Hulu are coming together and it's happening sooner than we thought.

Cinemablend

Disney CEO Bob Iger Reveals 4 Building Blocks For Reviving Mouse House: ‘Move Beyond This Period Of Fixing’

Walt Disney Co

Zenger

A new combined Disney Plus and Hulu app will get a test launch in December

The Disney Plus and Hulu app merger is still on schedule, even as the former hits the 150 million user milestone.

TechRadar

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Netflix might become the new home for some Disney Plus films and shows, with three big exceptions

Disney CEO Bob Iger says the entertainment giant won't "chase bucks" by sending its biggest titles to Netflix.

TechRadar

Disney CEO Bob Iger said he's trying to ensure a 'soft landing' for ESPN's shift from cable to streaming

The shift from linear TV to streaming was front-and-center during Disney's fiscal Q4 earnings call, and Iger said that ESPN will be an especially delicate operation.

Fortune

Actors and studios make a deal to end Hollywood strikes

SAG-AFTRA workers have been on strike since July, when they joined screenwriters on their strike. Now, if the performers approve their new deal, Hollywood may soon come to life again.

WEKU

Cable Subscribers Would Still Get ESPN After It Goes Direct to Consumer

Disney CEO Bob Iger says a ‘soft landing’ is planned

Multichannel News

Disney Adds Disney Plus Subs, Expects Streaming Profits in Q4 2024

Fourth-quarter earnings rise to $264 million

Multichannel News

Disney’s Q4 And Full Year 2023 Earnings Call: Bob Iger Talks Disney+, Hulu Deal, And A Strong Quarter For Theme Parks

Disney's Q4 earnings call will likely address the ongoing actors strike, the current state of Disney+.

Cinemablend

'The wizard vs. the illusionist': Bob Iger faces another challenge as ex-Disney employees join activist investor Nelson Peltz in a personal vendetta against the iconic CEO

Trian's Nelson Peltz is going after Bob Iger for the second time this year in a bid to get a seat on Disney's board.

Fortune

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Fortune

Disney’s new CFO Hugh Johnston ‘knows how to deliver high-quality earnings,’ says a Wedbush analyst

Johnston is PepsiCo’s longtime CFO who will start at Disney on Dec. 4.

Multichannel News

Disney Names Former PepsiCo Exec Hugh Johnson as New CFO

34-year veteran of soft-drink giant succeeds Christine McCarthy

Zenger

Disney Acquires Full Ownership Of Hulu In $8.61 Billion Deal

Disney aims to boost its streaming plans with complete ownership of Hulu.

Fortune

Disney buys Comcast's stake in streaming service Hulu—but the $8.6 billion price tag is just the beginning and could end up being much more

The final bill for the 33% stake in Hulu, Disney's only profitable streaming service, depends on a thorough appraisal of its growth since the May 2019 deal was signed.

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The Independent UK

Disney to acquire the remainder of Hulu from Comcast for roughly $8.6 billion

Walt Disney Co. said it will acquire a 33% stake in Hulu from Comcast for approximately $8.6 billion, a deal that will give Disney full control of the streaming service

Kiplinger

If You'd Put $1,000 Into Disney Stock 20 Years Ago, Here's What You'd Have Today

Long-time market laggard Disney stock has been a buy-and-hold bust.

Barchart

Down 32%, Can Walt Disney Stock Bounce Back?

Walt Disney stock has seriously underperformed the market in 2023, and now trades close to nine-year lows. Can the beaten-down stock recover from here, or are new lows in sight?

Fortune

Bob Iger revealed ESPN is more important for Disney’s bottom line than its entire entertainment business

Outgunned in the sports streaming wars, Disney is shopping around for a partner that can help ESPN transition to streaming.

The Guardian - UK

Disney execs consider radical shake-up as crisis hits centenary celebrations

Can Bob Iger make the House of Mouse sparkle again, despite its waning cinema clout, and the huge cost of keeping up with Netflix?

Barchart

It’s Easy to See Why Disney’s Put Options Are Unusually Active Right Now

Disney had four unusually active put options in Wednesday trading. Two of them had Vol/OI ratios in double digits. If you’re looking for an exciting income play, selling Disney puts makes excellent sense.

USA Today Sports Media Group

Disney executives reportedly want Bog Iger to acquire EA

A new report from Bloomberg suggests that Disney and CEO Bob Iger are in trouble, and some want to see Disney embrace video games

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Duncan CrabtreeIreland

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