Tag: Christine McCarthy
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Former Disney CFO Joins Board of Online Sports Gambling Company
Former Disney Chief Financial Officer Christine McCarthy has joined the board of directors for Flutter Entertainment.
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Christine McCarthy To Step Down As Disney’s Chief Financial Officer; Kevin Lansberry Will Assume Role Of Interim CFO
McCarthy, who is taking family medical leave, will continue to serve as a strategic advisor to ensure a successful transition BURBANK, Calif., June 15, 2023—The Walt Disney Company’s (NYSE: DIS) Senior Executive Vice President and Chief Financial Officer Christine M. McCarthy will be stepping down from her role and taking a family medical leave of…
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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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Dozens of Titles Being Removed from Disney+
On last week’s shareholder call, Disney CFO Christine McCarthy shared that Disney would be removing titles from Disney+ in the near future. “We are in the process of reviewing the content on our DTC services to align with the strategic changes in our approach to content curation,” McCarthy shared on the May 10th quarterly shareholder…
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Disney+ Consumer Data To Inform Future Disney Parks Decisions
The future of Disney Parks could be coming from Disney+. Disney CFO Christine McCarthy spoke at the SVB MoffettNathanson Technology, Media & Telecom Conference earlier today and gave insight as to how Disney will be making decisions moving forward. One of the things that McCarthy mentioned is that intellectual property will still be a focus…
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Disney Shareholder Sues Disney and Ex-Disney CEO Bob Chapek Over Missed Streaming Results
A Disney shareholder has filed a lawsuit against ex-Disney CEO Bob Chapek, current CFO Christine McCarthy, former streaming executive Kareem Daniel, and Disney itself over losses due to Disney’s streaming services. The lawsuit alleges that there were violations of securities law for misleading statements about Disney+ and the health of Disney’s streaming businesses. Local 272…
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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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The Walt Disney Company Executives To Participate In The SVB MoffettNathanson Technology, Media & Telecom Conference
BURBANK, Calif., May 8, 2023 – Christine McCarthy, Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company (NYSE: DIS) and Rita Ferro, President, Advertising Sales, The Walt Disney Company, will participate in a question-and-answer session at the SVB MoffettNathanson Technology, Media & Telecom Conference on Wednesday, May 17, 2023 at approximately 10:00…
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The Walt Disney Company Executives To Participate In The 9th Annual Moffettnathanson Media And Communications Summit
BURBANK, Calif., May 9, 2022 – Christine McCarthy, Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company (NYSE: DIS) and Rita Ferro, President, Advertising Sales, The Walt Disney Company, will participate in a question-and-answer session at the 9th Annual MoffettNathanson Media and Communications Summit on Wednesday, May 18, 2022 at approximately 2:00…
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Disneyland Resort Parks to Remain Closed For Over a Year Disney Confirms
This week The Walt Disney Company hosted its quarterly earnings call and some updates were shared about the status of Disneyland’s reopening. First off, it won’t be happening anytime this quarter. Second, that doesn’t mean it will be opening as soon as this quarter is over at the end of March or beginning of April.…
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Full Reporting and Reacting to Disney Investor Day 2020 – DAPS MAGIC Live!
Disney Investor Day was on December 10, 2020. Over the course of the day, The Walt Disney Company gave a look at where it is at and where it is going. The major focus for this was on Direct-to-Consumer or DTC. Throughout out the course of the four plus hour presentation, Disney executives gave a…
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Disney Extends Contract of CFO Christine McCarthy Through 2022
Disney CFO has extended her contract with The Walt Disney Company through 2022. This contract extension was disclosed in a regulatory filing. This means that McCarthy will continue on in the role she has had overseeing Disney’s finances since 2015. McCarthy also oversees investor relations, corporate real estate, corporate strategy, the company’s enterprise technology and…
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Delivery of Disney Wish to Disney Cruise Line Delayed
Recently Christine McCarthy, the CFO of The Walt Disney Company, spoke virtually at the Bank of America Virtual 2020 Media, Communications & Entertainment Conference. During her discussion, she confirmed that the Disney Cruise Line’s next ship, the Disney Wish, will be delayed in its delivery to Disney. McCarthy responded to a question about when the…
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The Walt Disney Company To Participate In The Bank Of America Virtual 2020 Media, Communications & Entertainment Conference
BURBANK, Calif., September 3, 2020 – Christine McCarthy, Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company (NYSE: DIS), will participate in a question-and-answer session at the Bank of America Virtual 2020 Media, Communications & Entertainment Conference on Thursday, September 10, 2020 at approximately 11:25 a.m. PDT/ 2:25 p.m. EDT. To listen…
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Disney Names Christine McCarthy as New Chief Financial Officer
The Walt Disney Company has officially named their new Chief Financial Officer. Christine M. McCarthy was announced in her new position on Tuesday by Disney CEO, Bob Iger. In addition, Kevin Mayer was named Chief Strategy Officer. As noted last month, the previous CFO, Jay Rasulo, has stepped down. According to Variety, Iger stated, “Christine…