Tag: Bob Iger
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Disney Cancels Lake Nona Move as Florida Fued Continues
Disney has canceled its Lake Nona move in Florida which would have created 2,000 jobs in Florida and moved a significant portion of Disney Parks, Experiences and Products staff to the new home. In a memo to cast members, Josh D’Amaro, the Chairman of Disney Parks, Experiences and Products said “Given the considerable changes that…
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What Bob Says – GEEKS CORNER – Episode #660
Welcome to GEEKS CORNER! This week there is a lot of ground to cover with a lot of topics. The show starts with the news that reservations will be able to be modified without canceling them at the Disneyland Resort. The conversation then moves to the new Haunted Mansion trailer. This is followed by a…
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Comcast CEO Indicates Hulu Will Most Likely Be Sold to Disney
Comcast CEO Brian Roberts told investors on a call that he thinks Hulu will end up being sold to Disney. Roberts also thinks that Comcast will come out in a good place when the deal with Disney is made. “I think we have a very valuable position,” Roberts told the MoffettNathanson Inaugural Technology, Media and…
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Disney to Pull Content From Streaming Services
Earlier this week during an earnings call, Disney CEO Bob Iger and Disney CFO Christine McCarthy both indicated that there will be content that is pulled from Disney’s streaming services. This comes as Disney continues to evaluate its long-term strategy toward profitability with its streaming services, also known as Direct to Consumer (DTC). “We are…
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Disney to Release Single App Experience for Those With Both Disney+ and Hulu
On an earnings call Disney CEO Bob Iger revealed that before the end of the year subscribers to both Disney+ and Hulu will be able to utilize a single app to experience both streaming services. This one app experience will be found on the Disney+ app. It comes as Disney continues to provide a better…
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Disney CEO Bob Iger Speaks Out on Florida Feud Calling it “A Matter of Retaliation”
During an earnings call today, Disney CEO Bob Iger was asked about the ongoing feud between Disney and the state of Florida led by Governor Ron DeSantis. His response was strong and straightforward. In it, he stated Disney’s position and how he also saw Florida’s. In Iger’s opinion, it all comes down to retaliation. “Regarding…
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LIVEBLOG: The Walt Disney Company Shares Second Quarter Financial Results
On May 10, 2023, at 4:30 PM ET / 1:30 PM PT The Walt Disney Company discusses their fiscal first quarter 2023 financial results. Follow along as Mr. Daps and the Daps Magic team provide live updates on this financial call here: The earnings call is hosted by Disney CEO Bob Iger. Since returning to…
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Second Round of Layoffs to Hit The Walt Disney Company This Week
The second round of layoffs are expected to begin this week at Disney. This is the second of three rounds of layoffs for The Walt Disney Company as part of its efforts to cut $5.5 billion. Variety is reporting that starting today, the layoffs for the second round will begin. They should be done by…
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Disney CEO Bob Iger Named One of Time’s 100 Most Influential People and Discusses the Future, Creativity, and Feud with DeSantis
Bob Iger, recently returned CEO of The Walt Disney Company, has been named one of TIME Magazine’s 100 Most Influential People in the World for 2023. The Disney CEO sat down with TIME for an an interview that covered the future of Disney, the current challenges, creativity, and the feud between Disney and Florida Governor…
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Disney Legend Don Hahn Honored With Disney Legends Award During Special Ceremony at Walt Disney Studios
Disney Legend Don Hahn was honored with his Disney Legends Award during a special ceremony at the Walt Disney Studios. This came after he was unable to attend the Disney Legends Ceremony at the 2022 D23 Expo. During the ceremony at Disney Legends Plaza, Disney CEO Bob Iger said, “Don, I can’t think of anybody…
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Disney CEO Bob Iger Calls Florida Governor Ron DeSantis’ Actions Anti-Business and Anti-Florida
During the Disney Annual Shareholders Meeting this morning Disney CEO Bob Iger spoke out about the actions of Florida Governor Ron DeSantis against The Walt Disney Company. The Disney CEO was responding to a question during the Q&A period at the end of the meeting. The response was in reaction to a question about Disney’s…
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Disney CEO Bob Iger Expresses Optimism Moving Forward in Shareholder Meeting Remarks
During the 2023 Annual Shareholder meeting for The Walt Disney Company, Bob Iger shared remarks about the company he has once again returned to lead. While acknowledging the challenges that the company faces, he also expressed optimism for the company moving forward in a video that was released for the virtual shareholder meeting. After the…
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Disney Announces Live-Action ‘Moana’ Movie
During Disney’s annual shareholder meeting, Disney CEO Bob Iger announced that a live-action Moana is in production from The Walt Disney Company. Dwayne “The Rock” Johnson joined the annual meeting from Hawaii with a video that included his kids on the beach to make the announcement. Johnson will be returning to the role of Maui…
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LIVEBLOG: The Walt Disney Company 2023 Annual Shareholder Meeting
Welcome to Daps Magic’s coverage of The Walt Disney Company 2023 Annual Shareholder meeting. The meeting is scheduled to begin at 1:00 PM ET/ 10:00 AM PT with Daps Magic’s coverage starting a few minutes earlier. Watch the liveblog coverage as Bob Iger leads his first annual shareholder meeting for Disney since returning as the…
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Marvel Entertainment Chairman Isaac Perlmutter Laid Off by Disney
Earlier this week, Disney CEO Bob Iger sent an email out to employees saying that the layoff process had begun at The Walt Disney Company. This process would be done in three phases, with the first one happening this week. Names are now starting to trickle out about who is being laid off at The…
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Disney CEO Bob Iger Emails Employees As Layoffs Begin
Disney CEO Bob Iger has sent an email out to employees today sharing that layoffs will be starting this week. This comes as the company is undergoing substantial cost cutting across the board, including the reduction of 7,000 jobs. Disney is looking to save $5.5 billion. In the email Iger shared that this week Disney…
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‘The Acolyte’ to Be Release in 2024
During a call this morning Disney CEO Bob Iger shared about the state of Disney, where it has been, and where it is going. During part of this conversation, Iger discussed some of the projects that are in the Star Wars pipeline. In particular, Iger mentioned The Acolyte. When talking about this new Star Wars…
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LIVEBLOG: Disney CEO Bob Iger Speaks at The Morgan Stanley Technology, Media And Telecom Conference
On March 9, 2023 at approximately 9:45 AM PT Disney CEO Bob Iger speaks at The Morgan Stanley Technology, Media and Telecom Conference. Daps Magic is live-blogging his comments to provide up to the minute updates. Follow along here: What do you think of what Bob Iger said during this call today? Are you excited?…
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The Walt Disney Company CEO Bob Iger To Participate In The Morgan Stanley Technology, Media And Telecom Conference
BURBANK, Calif., March 1, 2023 – Bob Iger, Chief Executive Officer, The Walt Disney Company (NYSE: DIS), will participate in a question-and-answer session at the Morgan Stanley Technology, Media and Telecom Conference on Thursday, March 9, 2023 at approximately 12:45 p.m. ET/ 9:45 a.m. PT. To stream live, please visit www.disney.com/investors. A recording of the question-and-answer…
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Super Adventures – GEEKS CORNER – Episode #647
Welcome to GEEKS CORNER! This week the Geeks enjoy a lot of things that are SUPER… or at least related to the Super Bowl. This week there were a lot of fun things that came out, surrounding the Super Bowl. This includes new trailers from Disney for Disney100, Guardians of the Galaxy Vol. 3, and…
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Bob Iger Emails D23 Members With Early Look at Super Bowl Commercial
This morning, on the day of Super Bowl LVII, Disney CEO sent an email to D23 with an early look at the Super Bowl commercial that will be airing tonight during the big game. In the email, Iger says, “For 100 years, Disney has provided joy and wonder for the whole world to enjoy. We’re…
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Disney CEO Bob Iger Shows Openness to Selling Hulu
One of the big questions surrounding the future of streaming is what will Disney do with Hulu? Next year there is a deadline for Disney to buy the remaining stake from Comcast or sell the streaming service. After the first earnings call that Bob Iger held since his return as CEO to Disney, he sat…
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Disney Releases More Details on Restructuring Including Creative Control and Accountability
One day after announcing its restructuring, The Walt Disney Company is sharing more information about how that will exactly be implemented. In a lengthy release, Disney shared what the individual segments will be and who will be leading them. There are also biographies about the new heads of the segments. Along with restructuring the company,…
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Disney Releases Statement on Nelson Peltz Dropping Proxy Fight
The Walt Disney Company has released a statement in response to Nelson Peltz dropping his proxy fight. The change by Peltz came after Disney CEO Bob Iger announced that he had restructured Disney during an earnings call. The restructuring has Disney divided into three main segments: The company also announced that it would be cutting…