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The Latest Breaking News from Bob Iger

Is Disney a Good Stock to Buy Right Now?

Entertainment giant Walt Disney (DIS) recently notched its 52-week low of $84.07. The stock is expected to be on a downward trajectory as the company grapples with higher streaming expenses, fears of declining consumers’ discretionary spending, and other macroeconomic headwinds. However, given DIS’ solid revenue growth in the first quarter…

StockNews.com

Does every hit movie need a sequel? Ryan Reynolds says he’s had enough

Ryan Reynolds has spoken out against Hollywood's fixation on sequels, questioning if every hit movie really needs a follow-up.

The New Daily

Bob Iger admits Disney+ exclusivity error in streaming wars

Last month, Disney reported its first Disney+ subscriber loss since the platform launched, dropping 2.4 million subscribers in the final three months of 2022.

Fortune

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Bob Iger says it’s time for ‘newness’ from Marvel movies

‘I think we just have to look at what characters and stories we’re mining’

The Independent UK

Bob Iger admits Disney theme park pricing moves were 'a little too aggressive'

Walt Disney Co. Chief Executive Bob Iger acknowledges his company goofed on some of its pricing strategies.

Los Angeles Times

Rebel Wilson reveals why she was banned from Disneyland

Wilson got engaged last month during a trip to the theme park

The Independent UK

Is It Time to Buy or Sell Disney Stock in 2023?

Media and entertainment giant Walt Disney (DIS) reported fiscal 2023 first-quarter financial results, beating on the top and bottom lines. However, amid the high cost of streaming, eroding consumers’ discretionary spending, and other macroeconomic challenges, the company’s near-term prospects look bleak. Let’s find out if investors should buy or sell…

StockNews.com

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The forced return to the office could be fueling the rise of labor unions

Bosses are trying to impose a return to the office–but failing to recognize that remote work enables worker power without the intermediate of a union.

Fortune

Activists should sail away from their doomed attack on Benioff’s Salesforce

The activist investors targeting Salesforce don't have Marc Benioff's track record. Here's why the Salesforce CEO will outflank them.

Fortune

The inside story of how Nelson Peltz got his way at Disney—and his detailed plan for a rebound

His turnaround playbook helped rescue P&G and Heinz. Now the tenacious reformer wants Disney to tackle unprofitable brands, huge overhead, and do away with "matrix" management.

Fortune

Disney minus: is the streaming platform spreading Star Wars and Marvel too thin?

Disney CEO Bob Iger says it must ‘get better at curating’ its sprawling output, which could signal thinner pickings for the geek community

The Guardian - UK

Disney got ‘The Simpsons’ and ‘Avatar.’ But some now see the Fox deal as a mistake

LOS ANGELES — Will history judge Walt Disney Co.'s $71.3 billion purchase of 21st Century Fox a success?

Los Angeles Times

Disney employees are furious over Bob Iger’s return-to-office mandate and more than 2,000 have signed a petition to fight back

"Flexibility at Disney really felt like a fresh start," an unnamed employee told the Washington Post. "Now it feels like we're moving backwards."

Fortune

Disney+ Could Be Changing Its Marvel Plan: Here’s What Viewers Should Know

One of the keys to the success of The Walt Disney Company (NYSE: DIS) over the years may be its acquisition of Marvel Entertainment, which was announced in 2009

Zenger

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Chicago Tribune

Nina Metz: Hollywood says greed is good. Next up — no joke — the ‘Billions’ Cinematic Universe!

The number of newly formed labor unions more than doubled nationwide in 2022. It was the largest one-year increase on record.

Los Angeles Times

It’s not just Disney: Hollywood slashes jobs as streaming bubble pops

LOS ANGELES — Walt Disney Co. Chief Executive Bob Iger said last week that the Burbank company will be slashing 7,000 jobs as the firm’s streaming efforts continue to lose money and the wider economy wallows through a downturn.

The Independent UK

Why the Premier League’s TV model could be about to change for good

A ‘Netflix of football’ might be impossible, but the Premier League’s current broadcasting model is not working for supporters and change is urgently needed

The Independent UK

Disney is planning an Avatar experience at Disneyland

The Walt Disney Co. is planning to add an Avatar experience to Disneyland and explore other opportunities at its theme parks as it looks for more ways to appeal to its guests

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Los Angeles Times

Disney's Bob Iger says ESPN is not for sale. Now the pressure is on

Walt Disney Co. Chief Executive Bob Iger this week announced a "major transformation" for the entertainment media giant, raising a familiar question from Wall Street: What will happen to ESPN?

Fortune

Disney CEO Bob Iger says success made him ‘overconfident’ and dismissive of others. Now he wants to bring more ‘self-awareness’ to his second stint with the company

Iger recently returned to the helm of the entertainment giant.

Orlando Sentinel

Disney’s job cuts affect theme parks, but frontline workers spared

Disney will be cutting jobs in its theme parks division as part of a move to lay off 7,000 workers across the company, the chairman of the group said in an email to employees Thursday.

Daily Mirror

Tim Allen confirms his return to beloved Toy Story role after being replaced in Lightyear

Tim Allen has announced he will be reprising his role of Buzz Lightyear for the fifth instalment in the Toy Story franchise, after he was replaced in spinoff film Lightyear

Los Angeles Times

To infinity and 'Toy Story 5'! Tim Allen confirms return as Buzz Lightyear

Tim Allen confirmed this week that he will reprise his role as Buzz Lightyear in the newly announced "Toy Story" sequel.

The Independent UK

Peltz, citing changes at Disney, ends push for set on board

Activist investor Nelson Peltz is calling off a proxy fight with Disney one day after newly returned CEO Bob Iger announced a major restructuring of the company that includes thousands of job cuts

Fortune

Bob Iger casts doubt on rumors that Disney will buy Hulu and says 'everything is on the table'

"I’m not going to say we’re a buyer or a seller.”

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