Walt Disney said it would announce another replacement for CEO Bob Iger in early 2026 and named a veteran of Morgan Stanley as board chair on Monday, for the first time announcing a timetable for succession at the storied media…
Bob Iger receives honorary Knight of the Order of the British Empire
Disney CEO Bob Iger was presented with an honorary knighthood. Prince William presented Iger with the post-nominal title of Knight Commander of the Most Excellent Order of the British Empire. “Congratulations Bob, on becoming an Honorary Knight Commander of the Most Excellent Order…
Bob Iger and Disney get backing in proxy battle from former CEO Michael Eisner
Disney and its current CEO, Bob Iger, have secured the backing of Iger’s onetime boss, former Chairman and CEO Michael Eisner. In a statement posted to social media, Eisner didn’t name Nelson Peltz, whose Trian Fund Management is mounting an…
Fox, ESPN and Warner Bros Discovery team up to launch “all in one” sports streaming service
Fox Corp, Walt Disney’s ESPN and Warner Bros Discovery will join together to build a sports streaming platform, the companies have said, in a bid to lure younger viewers who have eschewed television for streaming platforms. The media companies will form a joint…
Disney CEO Bob Iger opens company’s tech and data showcase at CES
Disney convened its fourth annual Tech and Data Showcase for advertisers at CES in Las Vegas on Wednesday, kicking it off with affirmation from CEO Bob Iger. “We know from a century of experience that when we marry our exceptional…
Disney CEO Bob Iger says company’s movies have been too focused on messaging
Disney Chief Executive Officer Bob Iger said Wednesday he will no longer tolerate his company’s partners and creative team prioritizing messaging over storytelling. “Creators lost sight of what their No. 1 objective needed to be,” Iger said at the DealBook…
Marvels star says huge box office flop is Bob Iger’s problem
Last weekend, The Marvels suffered a catastrophic 78% drop at the box office. And having taken in just $116 million worldwide so far, it’s one of the biggest disasters in the 15-year history of the Marvel Cinematic Universe. However, star…
Disney+ streaming service loses 4m subscribers in 1st quarter
Disney says its flagship streaming service lost 4m subscribers in the first three months of the year amid a wider cost-cutting drive. At the same time the Disney+ platform narrowed its losses by $400m (£316.5m). The home of Mickey Mouse,…
Layoffs begin at Disney as CEO Bob Iger moves to pare losses
The pink slips are flying this week at Walt Disney Co. as the entertainment giant seeks to slash billions of dollars in costs. CEO Bob Iger confirmed in a staff email Monday that a first round of layoffs has begun.…
Disney boss tells workers to return to office 4 days a week
Disney’s boss has told employees who are currently working from home to start going into the office for four days a week from the start of March. Chief executive Bob Iger said so-called “hybrid” workers will now be asked to…