Bob Chapek Talks ESPN in First Interview Since Being Fired From Disney

Former CEO Bob Chapek on CNBC

In his first public interview since being fired from Disney, former CEO Bob Chapek talked to CNBC‘s Alex Sherman about the future of ESPN. Bob Chapek Talks About ESPN The interview is part of the documentary “ESPN’s Fight for Dominance.” In response to Sherman’s broad question regarding ESPN’s future in streaming, Chapek said, “I believe … Read more

Big River Grille & Brewing Works Closing This Weekend at Disney’s BoardWalk; Disney Adds 2024 After Hours Dates for Magic Kingdom, EPCOT, and Disney’s Hollywood Studios; & More: Daily Recap (1/18/24)

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We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Thursday, January 18, 2024. Walt Disney World Magic … Read more

Disney Rehires Former CEO Bob Chapek’s Son at Marvel Studios

Bob Chapek's son, Brian Chapek, at Black Widow premiere

The Walt Disney Company rehired Brian Chapek, son of Bob Chapek and Marvel Studios production executive, an SEC filing reveals. Disney Rehires Bob Chapek’s Son, Brian Chapek Brian Chapek left Disney shortly after Bob Chapek became the company’s CEO, although Brian continued to act as a producer for Marvel Studios. According to The Hollywood Reporter, … Read more

Walt Disney World Teases New ‘Moana’ Annual Passholder Magnet Coming Soon, 2024 EPCOT International Flower & Garden Festival Month Shorter Than Previous Years, & More: Daily Recap (1/16/24)

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We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Tuesday, January 16, 2024. Walt Disney World EPCOT … Read more

Disney Releases Fiscal 2023 Salaries for Current CEO Bob Iger and Former CEO Bob Chapek

Chapek and Iger - New Details WSJ

In a new proxy statement filed today with the SEC, the U.S. Securities and Exchange Commission, Disney has shared the fiscal 2023 salaries for current CEO Bob Iger and former CEO Bob Chapek. Disney Shares 2023 Salaries for Iger and Chapek According to Variety, the current Disney CEO saw his salary drop to $31.6 million … Read more

Bob Iger Was ‘Disappointed’ Watching Chapek’s Tenure as Disney CEO, Will ‘Definitely’ Step Down in 2026

Chapek and Iger - New Details WSJ

Current CEO of The Walt Disney Company Bob Iger said at the New York Times’ DealBook Summit on Wednesday that he was “disappointed” in what he was seeing with the company during Bob Chapek’s tenure as CEO. Bob Iger ‘Disappointed’ During Chapek’s Time as Disney CEO “I was disappointed in what I was seeing in … Read more

Former CEO Bob Chapek Calls Leadership Tenure ‘Three Years of Hell,’ Upcoming Trips to Walt Disney World May Be Eligible for $1,000 Dining Card Promo, & More: Daily Recap (9/6/23)

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We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Wednesday, September 6, 2023. Walt Disney World Magic … Read more

Bob Chapek Skipped Disney Management Meetings to Pet a Hippopotamus, All in Efforts to Seem More Human

Bob Chapek and hippos

Among the sometimes bizarre anecdotes shared by CNBC in their report about Bob Chapek’s time as CEO of The Walt Disney Company, and Bob Iger’s subsequent return, is a story about Chapek’s attempts to “humanize” himself by petting a hippo. Bob Chapek & the Hippopotamus CNBC’s sources recounted the 2022 Disney management retreat just a … Read more

Bob Chapek Calls Time as Disney CEO ‘Three Years of Hell’

Bob Chapek and Bob Iger

A new report from CNBC chronicles Bob Iger’s retirement and Bob Chapek’s tenure as The Walt Disney Company’s CEO, leading to Iger taking the role back in November 2022. The full story includes office showers, a hippo, references to “Mean Girls” starring Lindsey Lohan, and references to “The Eiger Sanction” starring Clint Eastwood, but a … Read more

Another Lawsuit Filed Against Bob Chapek, Iger, and More Alleges Company ‘Misled’ Investors On Disney+ Costs, Sustainability

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Another derivative suit filed by Stourbridge Investments on August 23, 2023, alleges that current and former executives at The Walt Disney Company “repeatedly misled investors about the success” of the Disney+ streaming platform, something that contributed to “significant losses and damages” on behalf of the plaintiff. Bob Iger, Bob Chapek Listed as Defendants in New … Read more

BREAKING: Florida Governor Ron DeSantis Files Motion to Dismiss Disney’s Federal Lawsuit

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Florida Governor Ron DeSantis has filed a Motion to Dismiss the federal lawsuit that The Walt Disney Company has filed against him. In the motion, attorneys for DeSantis asks the Court to “dismiss the amended complaint, or at minimum, dismiss all claims against the State Defendants,” and provides three main arguments for dismissing the suit. … Read more

Parks Chairman Josh D’Amaro Cites ‘Changing Business Decisions’ as Disney Cancels Entire Lake Nona Campus

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Disney was set to build a large campus in Lake Nona, Florida with plans to move over 2,000 employees, including Imagineering. Now, Parks, Experiences, and Products Chairman Josh D’Amaro has announced that the whole project has been canceled. Disney has simply cited “changing business conditions” as the reason for the cancellation. According to CNBC, Josh D’Amaro … Read more

Disney CFO Christine McCarthy Says Disney Will Use Disney+ Data to Guide New Theme Park Investments

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Christine McCarthy, Senior Executive Vice President and Chief Financial Officer speaking at the SVB MoffettNathanson Technology, Media & Telecom Conference earlier this morning, commented on the company’s plans for investing in the Disney theme parks. Disney Theme Parks to Incorporate Disney+ Data Christine McCarthy, CFO spoke at the SVB MoffettNathanson Technology, Media & Telecom Conference … Read more

BREAKING: Former CEO Bob Chapek, CFO Christine McCarthy, and More Named in Lawsuit Accusing Executives of Misleading Investors About Disney+

Bob Chapek

Former CEO Bob Chapek, current CFO Christine McCarthy, and former Entertainment Chief Kareem Daniel are listed as defendants in a new lawsuit filed against the Walt Disney Company. The lawsuit claims the corporation restructured last year during Chapek’s leadership only to create a fraudulent scheme, hiding Disney+ streaming costs in order to deceive investors of … Read more

Disney CEO Bob Iger Confirms Start of Layoffs This Week, More to Come

Bob Iger, Disney's current CEO.

Disney CEO Bob Iger has confirmed layoffs will begin this week within the company. Three rounds of cuts are expected to happen before summer of 2023. Disney CEO Bob Iger has confirmed the first of three rounds of layoffs to start this week. According to Deadline, the company looks to reduce its workforce by roughly … Read more

Disney CEO Bob Iger Thinks Sports Betting is ‘Inevitable’ Future of Business

Bob Iger

It seems CEO of The Walt Disney Company Bob Iger agrees somewhat with his predecessor, Bob Chapek, on one thing: sports betting. During today’s Morgan Stanley Technology, Media and Telecom Conference, Iger spoke about betting, stating that he thinks it is the future of the sports business, although he’s more reluctant to dive into it. … Read more