Tag: Bob Iger
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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.
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Magical Details About New Disney twenty-three Magazine Revealed as Disney Continues Disney100 Celebration
D23 has released new details about the upcoming release of its next Disney twenty-three magazine. This magazine, which comes out quarterly, will continue to celebrate and explore the 100-year legacy of The Walt Disney Company. This will include a letter from Disney CEO Bob Iger, artwork by the voice of Mickey Mouse Bret Iwan, a…
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California Governor Newsom Meets with Bob Iger and Josh D’Amaro Before Attending Disneyland After Dark: Pride Nite
It was a day full of Disney for California Governor Gavin Newsom on Tuesday. The Governor was seen at the Disneyland Resort during the day and in the evening, later sharing about it on social media. Governor Newsom met with Disney CEO Bob Iger and Disney Parks, Experiences and Products Josh D’Amaro and was briefed…
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Disney+ Will Be Offered on Day 1 With Apple Vision Pro
Today at Apple’s WWDC 2023 keynote, Bob Iger made an appearance and announced a collaboration between The Walt Disney Company and Apple for Apple Vision Pro. Bob Iger announced that when Apple Vision Pro is released, Disney+ will be offered with it on day one. The announcement was not overly long and had Bob Iger…
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Disney+ to Take $1.5 Billion Content Write-Off After Pulling Titles From Streaming Services
Disney is going to be taking a $1.5 billion impairment charge for the June quarter after pulling dozens of titles from Disney+ and Hulu. The news came from an FEC filing that The Walt Disney Company made on Friday. The filing said that the company removed content from its streaming services on May 26, 2023,…
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DeSantis Continues to Attack Disney During Campaign Swing Through Iowa
Florida Governor Ron DeSantis recently announced his candidacy for the President of the United States during a Twitter Spaces event with Elon Musk. During this event, DeSantis took a swipe at Disney as his feud with what he calls “woke Disney” continues. It appears that as his presidential bid continues to ramp up speed, his…
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Florida Governor Ron DeSantis Appoints Charbel Barakat to Recently Vacated Central Florida Tourism Oversight District Board Seat
Florida Governor Ron DeSantis has announced a new appointment to the board of the Central Florida Tourism Oversight District. DeSantis has appointed Charbel Barakat to the board. This comes after former board member Michael Sasso resigned from the board. This is the ruling board for the district that replaced the former Reedy Creek Improvement District.…
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The Walt Disney Company Reportedly Completes Layoffs
The Walt Disney Company has reportedly finished its 7,000 layoffs that were part of a cost-cutting strategy that was announced earlier this year. The bulk of the layoffs took place in three waves throughout the last few months, with the second wave being the biggest. The first wave took place in March, the second in…
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Both Florida Senators Voice Concern Over Ongoing Governor DeSantis Feud with Disney
Both of the Senators from Florida have voiced concern about the ongoing feud with Disney that Florida Governor Ron DeSantis is engaged in. This feud began after Disney voiced opposition to the Parental Rights in Education Act, also known as the “Don’t Say Gay” bill. Since then, DeSantis has said “There’s a new sheriff in…
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Orange County Mayor Jerry L. Demings Blames Florida Business Environment on Lake Nona Move Cancelation
Orange County Mayor Jerry L. Demings released a statement in response to Disney announcing that it will not be continuing forward with a major move of staff to a campus in Lake Nona. The news stops any progress that was still happening on the $1 billion campus which was also going to lead to 2,000…