Tag: Bob Iger
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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…
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Disney Has Begun to Crack Down on Password Sharing
Disney has begun the processing of cracking down on password sharing on its streaming services. Starting on November 1st in Canada, it will be against Disney+ policy for subscribers to share their passwords with anyone outside of their household. The change to the policy was announced by Disney via an email to Canadian subscribers. In…
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Disney CEO Bob Iger Tells Analysts and Investors that Disney Will ‘Quiet the Noise’ in Culture Wars
As legal battles continue with Florida Governor Ron DeSantis, Disney CEO Bob Iger told analysts and investors that Disney will “quiet the noise” in culture wars. This comes after Governor Ron DeSantis attacked Disney for coming out against the “don’t say gay” law last year. Since then, the Governor has referred to the company as…
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Disney to Invest $60 Billion in Next 10 Years in Disney Parks and Cruise Line
Disney has announced that it intends to invest roughly $60 billion over the next 10 years “in expanding and enhancing domestic and international parks and cruise line capacity.” This is nearly twice the amount it spent in the last 10 years. The news comes as Disney CEO Bob Iger and other senior executives including Disney…
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How Oswald the Lucky Rabbit returned to The Walt Disney Company
Walt Disney once famously said that when it came to the creation of The Walt Disney Company—which celebrates its 100th anniversary this year—he hoped that audiences wouldn’t “lose sight of one thing — that it was all started by a mouse.” But it’s important that we don’t lose sight that a lucky rabbit also helped Disney get its…
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Florida Governor Ron DeSantis Urges Disney to Drop Lawsuit
He has fought Disney in the courts, in the state legislature, at the local district, and now in the media. Governor Ron DeSantis continued his feud with The Walt Disney Company in an interview with CNBC. In this interview, he urged Disney’s CEO Bob Iger to drop the lawsuit that the company has against him.…
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Password Sharing Crackdown on the Horizon for Disney+
During a earnings call this week, Disney CEO Bob Iger shared that password sharing is an area that could lead to potential growth. While specifics weren’t shared by Iger about what the plan is exactly, this is clearly something that Disney is looking at moving forward. “We are actively exploring ways to address account sharing…
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Disney CEO Bob Iger Says He Wants to End Hollywood Strikes Quickly And is Committed to Doing So Personally
During an earnings call this week, Bob Iger addressed the ongoing Hollywood strikes. In short, Iger would like to see a quick resolution that he personally is committed to working toward that end. “Nothing is more important to this company than its relationships with the creative community. That includes actors, writers, animators, directors and producers,”…
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Disney CEO Bob Iger Addresses Future Plans on Q3 2023 Earnings Call
The Walt Disney Company (NYSE: DIS) reported its third quarter earnings on Wednesday, posting revenues of $22.3 billion—a 4% growth from the previous year. Chief Executive Officer Bob Iger told analysts on the post-earnings call that “in the eight months since I returned, we’ve undertaken an unprecedented transformation at Disney, and this quarter’s earnings reflect…
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LIVEBLOG: The Walt Disney Company 3rd Quarter Financial Results
Join Mr. Daps as he liveblogs the 3rd Quarter Financial Results call for The Walt Disney Company. The call begins at 1:30 PM PT on August 9, 2023, and will have Disney CEO Bob Iger sharing the results for Q3 of 2023. Join the conversation as results are revealed during this liveblog and call. What…
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Disney Task Force is Exploring AI and Ways It Could Cut Costs Across the Company
A Disney task force has been created to explore the potential that comes with AI and also ways to cut costs. The task force was created earlier this year before the writer’s strike in Hollywood. The task force is seeking to see how AI can be applied across different ways across the entertainment company. Currently…
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Disney CEO Bob Iger Brings Back Former Disney Execs Kevin Mayer, Tom Staggs to Strategize Future of Legacy TV
Bob Iger is looking to the future by going to the past. Iger has brought in former Disney Execs Kevin Mayer, Tom Staggs, to help advise on the future of Disney’s legacy TV assets. The duo have been brought in to discuss paths forward for the legacy TV assets, including the possible sales of these…
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ESPN Held Talks With The NBA, NFL, and MLB About Potential Strategic Partnership
A week after Disney CEO Bob Iger talked about the possibility of bringing a strategic partnership to ESPN, it now appears that early discussions have been had to do just that. CNBC is reporting that ESPN has held early discussions with the NBA, NFL, and MLB about a potential strategic partnership. Disney CEO Bob Iger…
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A Birthday and a World Premiere – GEEKS CORNER – Episode #669
Welcome to GEEKS CORNER! This week there is a lot of ground to cover including an update to the CHOC Walk Pickle Milkshake Challenge, Disneyland’s Birthday, Bob Iger’s contract extension, the world premiere of Haunted Mansion, San Fransokyo Square’s official opening date, and also Queenie and the Jambalaya Jazz Band performing on the Rivers of…
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Bob Iger Talks Florida, TV Networks, Contract Extension, Strikes, and Parks in Interview with CNBC
Disney CEO Bob Iger said Disney wants to avoid the so-called culture wars but defiantly pushed back against right-wing critics who have claimed Disney is adding inappropriate sexual content to its programming. “The notion that Disney is in any way sexualizing children is preposterous and inaccurate,” Iger said in a CNBC interview Thursday. Several Republican…
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Disney CEO Robert A. Iger To Appear On CNBC’s “Squawk Box” From Allen & Company Sun Valley Conference July 13
BURBANK, Calif., July 11, 2023 – Robert A. Iger, Chief Executive Officer, The Walt Disney Company (NYSE: DIS), will appear on CNBC’s Squawk Box in an interview with David Faber from Allen & Company’s Sun Valley conference on Thursday, July 13, 2023, at approximately 8:00 a.m. ET/ 5:00 a.m. PT. To watch live, please visit CNBC.