Disney chose to rehire Bob Iger as chief executive after receiving internal complaints from senior leadership that Bob Chapek was not fit for the job, according to people familiar with the matter. The...
Tag: Walt Disney Co
Disney’s decision to replace Chapek with Iger makes everyone look bad
Bob Iger Stephen Desaulniers | CNBC The Disney board’s decision to swap out Bob Chapek for Bob Iger as CEO may be the right one for the company’s future. But the process to get to this cho...
Bob Iger is back. He’s the steady hand that Disney needs as CEO to get it back on track
Bob Chapek is out as chief executive of Disney (DIS), the company said late Sunday, a leadership shakeup that nearly two weeks ago we began to champion as necessary to get the entertainment giant back...
Disney, Carvana, Diamondback Energy and more
A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California. Bloomberg | Bloomberg | Getty Images Check out the companies making head...
Walt Disney, Carvana, Coinbase and more
Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Walt Disney rallied 8.8% in premarket trading after the weekend announcement that former Chairman and CEO Bob Iger is re...
Disney (DIS) shares rise after Iger replaces Chapek as CEO
Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Shares of Disney popped in premarket trade Monday, the morning after the company announced i...
What Bob Iger’s return means for Disney and Chapek’s decisions
Robert Iger, Chairman and CEO at The Walt Disney Company speaks in Laguna Beach, California, October 22, 2019. Mike Blake | Reuters Bob Iger’s shocking return as Disney‘s chief executive o...
Bob Iger returns as Disney CEO effective immediately
Bob Iger is back. Disney, in a shocking late Sunday announcement, said it had re-appointed Iger as chief executive, effective immediately, after Iger’s handpicked successor as CEO, Bob Chapek, c...
This is why Marvel didn’t recast Chadwick Boseman in ‘Wakanda Forever’
A still from the movie “Black Panther.” Source: Marvel In August 2020, Disney’s Marvel Studios was faced with an unenviable task — how to handle the sudden and tragic death of Chadwi...
Cramer says fire Disney CEO Bob Chapek; fix ‘balance sheet from hell’
Jim Cramer on Thursday called on Disney (DIS) to oust CEO Bob Chapek and clean up the company’s ugly balance sheet. Chapek is “incapable of running a fantastic company,” Jim said. &#...
Wakanda Forever’ opening weekend box office
Marvel Studios’ “Black Panther: Wakanda Forever.” Disney Disney and Marvel Studios’ “Black Panther: Wakanda Forever” snared an estimated $180 million during its dom...
Disney plans hiring freeze, job cuts, memo says
Disney plans to institute a targeted hiring freeze as well as some job cuts, according to an internal memo sent to executives. “We are limiting headcount additions through a targeted hiring free...
‘Black Panther: Wakanda Forever’ reviews: What critics are saying
Danai Gurira and Letitia Wright star as Okoye and Shuri in Marvel Studio’s “Black Panther: Wakanda Forever.” Disney It’s impossible to replace the irreplaceable, but that was R...
Wakanda Forever’ aims to break box office records
Angela Bassett stars as Queen Ramonda in Marvel’s “Black Panther: Wakanda Forever.” Disney Long live the king. Disney’s latest entrant in the Marvel Cinematic Universe, “...
We’re fed up after Disney’s terrible quarter and streaming losses. It’s time for some big changes
Disney (DIS) reported weaker-than-expected fiscal fourth-quarter results after the closing bell Tuesday. We are shocked and stunned by the poor performance, and we’re certainly not alone. The st...
Disney’s weak revenue and profit eclipse streaming subscriber growth
The Disney+ Marvel website home screen on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images The biggest companies in media and...
Disney (DIS) earnings Q4 2022
View of the Walt Disney statue in front of Cinderella Castle inside the Magic Kingdom Park at Walt Disney World Resort in Lake Buena Vista, Florida. Getty Images All eyes will be on Disney‘s str...
Oil, Club news, Disney earnings
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Oil in focus Quick mention...
Disney overtook Netflix as the streaming leader, and is expected to widen the lead
Walt Disney Co. displaced Netflix Inc. as king of the video-streaming market, and it is expected to widen the gap. Disney DIS, +0.33% seized the mantle three months ago as its potent content troika of...
Be ready to ‘pounce’ when the market is oversold
CNBC’s Jim Cramer on Friday warned investors not to let their guard down when it comes to their portfolios and be ready to take advantage of good deals. “Ultimately, you’re just goin...
Shonda Rhimes, other creators unhappy with Netflix’s new mid-video ads
Shonda Rhimes attends 2018 Vanity Fair Oscar Party on March 4, 2018 in Beverly Hills, CA. Presley Ann | Patrick McMullan | Getty Images Shonda Rhimes, the high-powered producer behind “Bridgert...
Disney+ subscribers are getting early access to exclusive merchandise
In this photo illustration a close-up of a hand holding a TV remote control seen displayed in front of the Disney+ logo. Thiago Prudencio | SOPA Images | LightRocket | Getty Images Can Disney convert ...
Fox earnings lifted by ad revenue from Tubi streaming service
Pete Davidson attends TUBI’s “The Freak Brothers” Experience at Fred Segal on December 06, 2021 in Los Angeles, California. Kevin Winter | Getty Images Fox Corp.’s bet on its f...
With the Dow outperforming, here’s how investors can harness the index
Photo taken on March 1, 2022 shows monitors displaying stock market information at the New York Stock Exchange in New York, the United States. U.S. stocks fell sharply on Tuesday as investors nervousl...
Jim Cramer says he likes these 3 travel stocks
CNBC’s Jim Cramer on Friday recommended three stocks investors should add to their portfolios to take advantage of hot travel demand. Here are his picks: Cramer named travel as one of five reces...
James Gunn, Peter Safran to lead DC movies, TV division at Warner Bros.
James Gunn and Peter Safran will be the next co-heads of Warner Bros. Discovery‘s DC Comics film and TV unit, the company announced Tuesday. Their appointments will be effective Nov. 1. The news...
New ‘Star Wars’ movie coming from ‘Watchmen’ showrunner, reports say
(L-R) Regina King, Damon Lindelof attend Premiere Of HBO’s “Watchmen” at The Cinerama Dome on October 14, 2019 in Los Angeles, California. Leon Bennett | Wireimage | Getty Images A n...
Disney stock tumbles to worst day since 2001 after ‘massive earnings downgrade’
Walt Disney Co. has a profit problem, and that’s helped send shares of the media giant to their worst daily performance in more than two decades. Though Disney DIS, -13.16% notched record sales during...