Thursday, December 26

Tag: Bob Iger

Elon Musk Wants Bob Iger ‘Immediately’ Fired From Disney
8Dec By adminNo Comments
Technology

Elon Musk Wants Bob Iger ‘Immediately’ Fired From Disney

Elon Musk on Thursday called for the firing of Bob Iger, escalating his attacks on the Disney CEO over the entertainment company’s decision to temporarily suspend advertising on X, formerly Twitter, over an antisemitic post by the tech billionaire.Last month, Musk appeared to endorse a post saying Jews are “pushing the exact kind of dialectical hatred against whites that they claim to want people to stop using against them.”Musk replied to the post, writing: “You have said the actual truth.”Musk has since apologized and walked back that statement, which prompted an advertising boycott against X, conceding it was “one of the most foolish if not the most foolish” posts he’s made on the platform during an appearance at The New York Times’ DealBook Summit. Still, during the same interview, he...
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Disney’s Bob Iger Plays Down Asset Sales, Vows to Build Modern Version of Company
29Nov By adminNo Comments
World

Disney’s Bob Iger Plays Down Asset Sales, Vows to Build Modern Version of Company

Updated Nov. 28, 2023 3:45 pm ETDisney Chief Executive Bob Iger told employees Tuesday that the task he faced after returning to the company a year ago was harder than expected, and he played down his previous comments suggesting major asset sales were on the table.“I knew that there were a myriad of challenges…I must say there were many more of them than I expected,” said Iger, who was interviewed by ABC News anchor David Muir at a companywide town hall at New York’s New Amsterdam Theatre.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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‘The Marvels’ Disappoints at Box Office, Showcasing Disney’s Studio Challenge
12Nov By adminNo Comments
World

‘The Marvels’ Disappoints at Box Office, Showcasing Disney’s Studio Challenge

“The Marvels,” Disney’s latest superhero feature, landed with a thud at the box office only days after Chief Executive Bob Iger called for an overhaul of the entertainment company’s studio business. A sequel to 2019’s hit “Captain Marvel” from Disney’s Marvel Studios, the new movie features an all-female trio of stars in Brie Larsen, Teyonah Parris and Iman Vellani. It sold $47 million in tickets in North America over its opening weekend, making it the weakest debut performance of any movie in the so-called Marvel Cinematic Universe.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Media mogul Byron Allen offers Disney $10 billion for ABC, cable TV channels
16Sep By adminNo Comments
Money

Media mogul Byron Allen offers Disney $10 billion for ABC, cable TV channels

Media mogul Byron Allen has offered $10 billion to the Walt Disney Co. to purchase its ABC television network, in addition to the cable networks FX and National Geographic.The bid, which Allen's representative confirmed to CBS MoneyWatch, would include ABC's national TV network as well as several regional stations. The offer is "preliminary" and "could change" at any time, a source with knowledge of the matter told Bloomberg. The $10 billion figure is based on an estimation that the networks accrued $1.25 billion in earnings before interest, taxes, depreciation and amortization within the past year, the publication reported.    Disney CEO Bob Iger signaled in July that Disney was open to selling some of its television assets as consume...
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Disney CEO Bob Iger extends contract for an additional 2 years, through 2026
16Jul By adminNo Comments
Money

Disney CEO Bob Iger extends contract for an additional 2 years, through 2026

Disney extends CEO Bob Iger's contract through 2026 Disney extends CEO Bob Iger's contract through 2026 00:17 Bob Iger will remain as CEO of The Walt Disney Co. through the end of 2026, agreeing to a two-year contract extension that will give the entertainment and theme park company some breathing room to find his successor. Shares rose 30 cents, or 0.3%, to $90.45 in early afternoon trading.Iger rejoined Disney as CEO in November, taking over control of the company from Bob Chapek, whose ...
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