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The Latest Breaking News from Bob Iger

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

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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

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.

Fortune

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Disney Names Former PepsiCo Exec Hugh Johnson as New CFO

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

Multichannel News

Disney Acquires Full Ownership Of Hulu In $8.61 Billion Deal

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

Zenger

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.

Fortune

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

The Independent UK

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.

Kiplinger

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?

Barchart

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.

Fortune

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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

Fortune

Disney’s billionaire activist investor is back as Nelson Peltz hikes both his stake and his demands

Peltz's Trian Partners reportedly has bought roughly $2.5 billion in Disney stock to back up its demands for not one but several boardroom seats.

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The Independent UK

Disney Plus announces crackdown on password sharing in Canada

Password-sharing crackdowns are becoming more and more common in the streaming world today

Fortune

Byron Allen says he’s the best person to buy ABC from Disney because regulators would block Big Tech and private equity. ‘I’m the prettiest girl at the dance’

The founder and CEO of Allen Media Group has offered Disney $10 billion for ABC and other cable assets.

Evening Standard

Disney Plus to begin password-sharing clampdown in November

Disney has already started informing customers in Canada of the new policy

The Independent UK

Hollywood writers reach ‘tentative’ but ‘exceptional’ deal to end WGA strike after 146 days

WGA members must now vote to approve deal to end strike

The Guardian - US

Hollywood writers’ strike: WGA reaches ‘tentative’ deal to end 146-day strike

After five days of negotiations with studios and streaming services, union says it has an ‘exceptional’ deal for members to vote on

Fortune

As Rupert Murdoch retires, a look into succession drama that roiled his family and inspired HBO hit

Like Logan Roy in the HBO drama "Succession," Murdoch encouraged his children to compete to be his successor.

Zenger

Disney Plans To Double Investment In Theme Parks, Experiences

Bank of America analyst sees potential for sustained growth as CEO Bob Iger positions the company for the future.

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