Tag: Bob Iger
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Disney Makes Animated Announcements Regarding Future Releases
During its quarterly earnings call on Wednesday, February 87, 2024, Disney CEO Bob Iger made several announcements regarding the company’s future animated releases from both Walt Disney Animation Studios and also Pixar Animation Studios. Some of these were a surprise, others weren’t. Below is a look at the news that Bob Iger shared on the…
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Disney and Epic Games to Create Expansive and Open Games and Entertainment Universe Connected to Fortnite
The Walt Disney Company and Epic Games will collaborate on an all-new games and entertainment universe that will further expand the reach of beloved Disney stories and experiences. Disney will also invest $1.5 billion to acquire an equity stake in Epic Games alongside the multiyear project. The transaction is subject to customary closing conditions, including…
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Disney CEO Bob Iger Earned $31.6 Million in 2023
Disney CEO Bob Iger made $31.6 million in 2023 in all forms of income. This was a significant increase from the year before. Iger earned $865,385 for his base pay in 2023. Stock awards added an extra $16.1 million, stock options awards added $10 million, performance based compensation added $2.1 million, and he also earned…
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Disney Makes Case for Rejection of Nelson Peltz’s Board Nominations
On Tuesday, The Walt Disney Company rejected Nelson Peltz’s nominations for its board of directors. The Nelson Peltz-led Trian Fund Management, L.P. and its affiliates had nominated Nelson Peltz and former Disney CFO Jay Rasulo to the board. This effort was also backed by former Disney executive Isaac Perlmutter, who was let go during cuts made…
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Disney+ Available on Apple Vision Pro on February 2
Today Disney announced that Disney+ will be available on Apple Vision Pro starting on February 2nd. When it arrives, Disney+ subscribers will get to experience the streaming service in a completely new and immersive way. This will be a new immersive 3-D viewing experience that will transform user spaces into landscapes from Disney, Pixar, Marvel,…
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NFL Reportedly in Advanced Talks With Disney For Stake in ESPN
Disney may have found a partner for ESPN. The Los Angeles Times is reporting that the NFL and Disney are in advanced talks for the National Football League to take a stake in ESPN. If the deal were to go through, it would give Disney control over the NFL Network and other NFL media properties.…
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World’s First Zootopia-Themed Land Opens at Shanghai Disney Resort
Shanghai, December 19, 2023 – Shanghai Disney Resort celebrated the opening of the world’s first Zootopia-themed land at Shanghai Disneyland with a spectacular event befitting a mammalian destination where anyone can be anything. Based on the hugely successful Walt Disney Animation Studios film, Zootopia, the land is a celebration of new heights reached in storytelling made…
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Disney+ App Removed by Tesla as Elon Musk Continues to Feud with Disney CEO Bob Iger
Tesla has removed the Disney+ app from many of its car as Elon Musk continues to feud with Disney CEO Bob Iger. This comes after Disney removed advertising from X (formerly Twitter) following a study from Media Matters for America showed that its advertising was being placed next to antisemitic tweets/posts. This led to Elon…
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The Walt Disney Company Releases Statement on Trian’s Board of Directors Nominations
The Walt Disney Company responded to the nominations by Trian Fund Management, L.P. for the board of Disney. Today, Trian nominated both its CEO Nelson Peltz and also former Disney CEO Jay Rasulo to be on Disney’s board. “As Disney’s largest active shareholder, we can no longer sit idly by as the incumbent directors and…
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Disney CEO Bob Iger Sends Holiday Message to D23 Members
Bob Iger, CEO of The Walt Disney Company, sent a holiday message to D23 members. The message includes thanks for to these “dedicated” fans and also shares that while Disney concludes its celebration of its 100th anniversary, there is more to look forward to. The full message can be read below. Dear “Mr. Daps” We…
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Disney Makes Payment to Comcast for Hulu
Disney has written a very big check as part of the process of buying the final 33% of Hulu from Comcast. Comcast President Mike Cavanagh shared that an $8.61 billion dollar check arrived Friday. Cavanagh hoped it would be the first and not the last as Hulu continues to go through its valuation process. The current…
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Tim Allen Confirms Disney Has Reached Out to Him About Next ‘Toy Story’ Film And Also Shares His Ideas For Where the Story Could Go
Tim Allen has shared where things for him with the next Toy Story film. The update about Toy Story 5 comes after Disney CEO Bob Iger revealed that the film was in the works earlier this year. Hanks confirmed on Tuesday night on The Tonight Show that both he and Tom Hanks have been reached…
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Disney to Host Company-Wide Town Hall
The Walt Disney Company will be hosting a company-wide town hall on November 28, 2023. According to an internal memo by Disney CEO Bob Iger, the meeting will discuss future projects. This meeting comes one year after Bob Iger hosted a company-wide meeting one year ago after returning to the role of CEO. The meeting…
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Hong Kong Disneyland Celebrates Opening of World of Frozen with Special Dedication Ceremony
Hong Kong Disneyland officially opens World of Frozen on November 20, 2023. Ahead of the opening of this new magical area, a special dedication ceremony was held. This special dedication moment had Elsa using her magic to bring to life the World of Arendelle with her Ice Magic, with the help of Anna who announced…
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Disney Supports Next Generation of Military Veteran Leaders with $1 Million Donation to Student Veterans of America
The Walt Disney Company today announced a $1 million donation to Student Veterans of America (SVA) as part of its commitment to helping veterans find meaningful careers following their military service. With this donation, Disney becomes the founding sponsor of the upcoming SVA Career Center, which will empower veterans with the tools and guidance they need to…
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Disney Looks at Possibility of Licensing Content to Netflix
Disney is looking at licensing content to Netflix, Disney CEO Bob Iger has shared. In a recent earnings call, Iger shared that Disney is exploring a relationship with Netflix that could see different Disney titles on the competitor’s streaming service. However, not all titles from the House of Mouse would be ending up on Netflix.…
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Disney Earnings Q4 2023: CEO Bob Iger Reveals Four Building Opportunities
“Our progress has allowed us to move beyond this period of fixing and begin building our businesses again.” That was the message that Disney’s Chief Executive Officer Bob Iger had for investors and consumers after The Walt Disney Company (NYSE: DIS) reported its fiscal full year and fourth quarter earnings on Wednesday. Iger—who returned to the position…
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The Walt Disney Company Reports Fourth Quarter and Full Year Earnings for Fiscal 2023
BURBANK, Calif.–The Walt Disney Company (NYSE: DIS) today reported earnings for its fourth quarter and full year ended September 30, 2023. Financial Results for the Quarter and Full Year: Key Points: “Our results this quarter reflect the significant progress we’ve made over the past year,” said Robert A. Iger, Chief Executive Officer, The Walt Disney…
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Disney Employees Celebrate Disney100 with Special Events and Surprises
Disney commemorated its 100th anniversary on Monday with many magical moments from around the world, including a special event at The Walt Disney Studios. The company’s headquarters in Burbank, California, celebrated in style with music, cherished characters, VoluntEARS projects, and more. Disney CEO Bob Iger spent time walking the lot to enjoy the festivities, including stopping by VoluntEARS activations. He also…
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Imagineers Discuss Future of Walking Droids with Bob Iger and Josh D’Amaro After Disneyland Playtest
Recently, three walking droids that resembled BD-1 made an appearance at Disneyland’s Star Wars: Galaxy’s Edge for a playtest. These droids captivated those visiting in person and also the internet as photos and videos made their way online. Following this playtest, Disney CEO Bob Iger and Josh D’Amaro, Disney Parks, Experiences and Products Chairman, stopped…
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Disney Reveals Just How Profitable ESPN Is
The Walt Disney Company has revealed new numbers under it’s restructured business plan that shows just how much ESPN is worth to the company. After the return of Disney CEO Bob Iger to the head of the company, it was restructured into three main segments. Disney’s three main segments are now: New SEC filings show…
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Disney and Comcast Hire Investment Banks for Hulu Valuation
Progress continues to be made on the potential sale of Comcast’s remaining Hulu stake to Disney. Both Comcast and Disney have hired investment banks to rate the value of Hulu ahead of November 1st when either company can trigger an option to kick off the sale of Hulu. Hulu already has a minimum value of…
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Activist Investor Nelson Peltz Prepares for Another Run at Disney Board Seats
Activist investor Nelson Peltz is preparing to once again influence the board of The Walt Disney Company. The investor has been continuing to buy up Disney stock and now has a $2.5 billion stake in stock of The Walt Disney Company. The Wall Street Journal is reporting that Peltz is gearing up for another push…
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Analyst Says Disney ‘only credible challenger to Netflix’
Disney currently does not have the number one spot in terms of streaming. However, one analyst thinks that at some point it could dethrone Netflix for the top spot. More than that, it could be the only company that has a decent chance of doing this. This becomes because it could soon be taking complete…