Topline Disney CEO Bob Iger admitted Thursday the company’s move to raise customer pricing at resorts might have been a “little too aggressive,” as he mulled a future for the company that might not in...
Tag: bob iger
Disney Layoff 7,000 As Embattled House Of Mouse Announces Restructure
Disney+ Getty Key takeaways Disney revealed it would be laying off 7000 workers amidst another busy week for tech job cuts The losses were announced on the latest earnings call, which also revealed a ...
Bob Iger Moving Quickly To Get Walt Disney Company Back On The Right Track
Photo by Charley Gallay/Getty Images for Disney Getty Images for Disney Shares in Walt Disney Corp. opened at $118.04 today, an increase of 5.6% over yesterday’s close of $110.78 after returning CEO B...
Billionaire Peltz Ends Disney Proxy Fight With Disney As Stake Swells To $1.1 Billion
Topline Billionaire Nelson Peltz’s proxy battle against Disney is over, the Trian hedge fund founder said Thursday morning on CNBC, giving his stamp of approval to the entertainment conglomerate’s unv...
Disney proxy fight is over, Nelson Peltz says
Nelson Peltz declared his proxy fight with Disney was over Thursday after the entertainment giant unveiled a vast restructuring plan, cost cuts and 7,000 layoffs. “Now Disney plans to do everyth...
Everything is on the table now with Hulu, Disney CEO Iger says
Disney CEO Bob Iger said Thursday that “everything is on the table” with streaming service Hulu. Disney owns two thirds of the streaming service, which focuses on more adult-oriented gener...
Disney CEO Bob Iger says he prefers to stay only two years
Disney CEO Bob Iger appeared on CNBC’s “Squawk on the Street” Thursday following the company’s announcement it would cut 7,000 jobs and slash $5.5 billion in costs as part of a...
Disney Will Reinstate Dividends, Cut 7,000 Jobs As Bob Iger Hones In On Bottom Line
Topline Disney CEO Bob Iger outlined his plan to turn around the entertainment behemoth in the first quarterly earnings call since his return, laying out a plan to save $5.5 billion by eliminating abo...
Disney CEO Bob Iger Requires Hybrid Staff To Return To The Office At Least Four Days A Week
Getty Images Key takeaways During the pandemic, roughly 18% of the workforce worked remotely. Despite worker preference for working from home, companies like Disney have demanded a return to the offic...
Disney Takes On Proxy Fight With Activist Investor Nelson Peltz
Bettmann Archive Key takeaways Disney is facing a proxy battle with shareholder Nelson Peltz, who is gunning for a spot on the company’s board. Peltz is a largely successful investor with a history of...
For All His Criticisms of Disney, Peltz and Iger Probably Agree: Streaming Has to Be Fixed
“Great news: Nelson Peltz made a slide deck about me,” said no CEO ever. But maybe Walt Disney Bob Iger had mixed feelings about the 35-pager that dropped this past week. One one hand, it says that he...
Nelson Peltz talks Disney proxy fight, slams Fox deal
Disney is facing a proxy fight as Nelson Peltz’s activist firm Trian Fund Management pushes for a seat on its board. Peltz spoke Thursday on CNBC’s “Squawk on the Street,” maki...
Starbucks tells corporate workers to return to office 3 days a week
Howard Schultz David Ryder | Reuters Starbucks corporate employees will be returning to the office at least three days a week by the end of the month. Starting Jan. 30, employees within commuting dist...
Disney opposes Nelson Peltz push to join board, names Mark Parker chairman
The Walt Disney Company on Wednesday afternoon said it opposes activist investor Nelson Peltz’s attempt to join its board. Disney also named Mark Parker, the executive chairman of Nike, its next...
Disney Announces Opening Day For TRON, Rolls Back Restrictions And Added Fees For Park Goers
ORLANDO, FL – APRIL 03: General views of the Walt Disney ‘Partners’ statue at Magic Kingdom, … [+] celebrating its 50th anniversary on April 03, 2022 in Orlando, Florida. (Phot...
Disney CEO Bob Iger tells employees to return to the office four days a week
Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Disney CEO Bob Iger told hybrid ...
Who would buy WWE, as McMahon returns to board to pursue sale
World Wrestling Entertainment Inc. Chairman Vince McMahon is introduced during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las Vegas, Nevada. Ethan Miller | Getty ...
Netflix, Disney had a tough year, and 2023 doesn’t look good
In this photo illustration, a hand holding a TV remote control in front of the Disney Plus logo on a TV screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Media stocks got rocked this ...
Disney Stock On Track For Worst Year Since 1974
(Photo by Chesnot/Getty Images) Getty Images Key Takeaways Disney stock has plummeted almost 45% so far this year, which is looking set to be the worst performance since 1974. The latest fall has come...
The Walt Disney Company Had Significant Changes In 2022, Here’s What That Means For 2023
LOS ANGELES, CALIFORNIA – NOVEMBER 18: Disney Executive Chairman Bob Iger attends the Exclusive … [+] 100-Minute Sneak Peek of Peter Jackson’s The Beatles: Get Back at El Capitan The...
DeSantis Denies Reports That Florida Lawmakers Are Backtracking On Punishing Disney
Topline Gov. Ron DeSantis’ office denied a bombshell report Friday morning claiming that state lawmakers were considering reversing their earlier fight with Walt Disney World, insisting the state will...
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 str...
Disney CEO Iger Shuts Down Apple Merger Rumors, Sticks By Hiring Freeze
Topline In his first town hall meeting since retaking power, Disney CEO Bob Iger took the first steps toward recrafting the media giant to his vision, vowing to focus on improving the company’s bottom...
Former Disney CEO Bob Iger Is Back Again And Shareholders Are Loving It
| Getty Images Key Takeaways Bob Iger led Disney as CEO from 2005 through 2020, turning the company into a media juggernaut. Under ex-CEO Bob Chapek, the company continued to grow until the most recen...
Who Will Be Bob Iger’s Tim Cook?
(Photo by Drew Angerer/Getty Images) Getty Images There’s a common joke on various shows these days: a frustrated character says to another who has failed and flailed at some task, “You had one job an...
Succession Planning Is No Fairy Tale For Bob Iger And Disney
FILE – Robert Iger arrives at the world premiere of “Star Wars: The Rise of Skywalker,” in Los … [+] Angeles, on Dec. 16, 2019. The Walt Disney Company announced late Sunday, N...
Heroic CEOs And The Boards That Breed Them
“Honey, I’m home!” — Bob Iger during his first stint as CEO of the Walt Disney Co. (Photo by Jason LaVeris/FilmMagic) FilmMagic Here is an edited excerpt from this week’s newsletter....
Disney is counting on Iger to make hard choices about TV, streaming
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. Dr...
Can Bob Iger Fix Disney In Two Short Years?
Photo by Charley Gallay/Getty Images for Disney. Getty Images for Disney In one of the wildest management shake-ups in history, Bob Chapek—who has been widely praised by insiders and investors for ste...