A new report claims executives at The Walt Disney Company are being ordered to identify thousands of potential layoff candidates at the company on the order of CEO Bob Iger. According to Business Insider, managers at the company must identify candidates for layoffs by April, per a Disney source. Layoffs will impact about 4,000 employees, … Read more
Today, the Walt Disney Company announced the promotion of former human resources executive, Sonia Coleman, to Senior Executive Vice President & Chief Human Resources Officer. The promotion will be effective April 8, 2023, and she will report directly to Disney CEO Bob Iger. Coleman’s most recent role was as Senior Vice President of Human Resources … Read more
The Walt Disney Company CEO Bob Iger and Disney Parks, Experiences and Products Chairman Josh D’Amaro will be visiting Disneyland Paris on March 16, 2023, the 21st anniversary of Walt Disney Studios Park. Walt Disney Studios Park is the second gate of Disneyland Paris, after their own Disneyland Park. Disneyland Paris has been celebrating the … Read more
The Walt Disney Company CEO Bob Iger touched on Disney Parks during a question and answer session at the Morgan Stanley Technology, Media and Telecom Conference. Iger emphasized that reducing crowding was an important part of improving the guest experience, alluding to Park Pass reservations. “It’s tempting to let more and more people in,” he … Read more
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
During the Morgan Stanley Technology, Media and Telecom Conference, Disney CEO Bob Iger talked about the future of many brands (which he called his “babies”), including Marvel. Regarding the trajectory of the Marvel Cinematic Universe, Iger pointed out that “there’s 7,000 characters, there are a lot more stories to tell.” “What we have to look … Read more
During his live question and answer session at the Morgan Stanley Technology, Media and Telecom Conference, Disney CEO Bob Iger said the company may, thanks to their deal with Comcast, soon own 100% of Hulu. Right now, Disney owns two-thirds of Hulu, and Comcast owns the other third. Their deal means that next year, Disney … Read more
Disney has partnered with The Coalition for the Homeless of Central Florida and donated $100,000 to the renovation of its youth center, which had its grand reopening on Friday. The $100,000 grant helped both expand and transform the youth space with new furniture, technology, and murals. Disney has partnered with The Coalition of the Homeless … Read more
CEO of The Walt Disney Company Bob Iger will participate in a question and answer session during the Morgan Stanley Technology, Media and Telecom Conference next week. Iger’s Q&A will be at approximately 12:45 p.m. ET / 9:45 a.m. PT on Thursday, March 9, 2023. It will be streamed live at www.disney.com/investors and a recording … Read more
“Pitch Perfect” star Rebel Wilson got engaged to her girlfriend, Ramona Agruma, at Disneyland Park, she announced on Instagram yesterday. Wilson shared photos of the couple in matching striped sweaters showing off the Tiffany and Co. ring on Agruma’s finger. The proposal took place surrounded by flowers outside Sleeping Beauty Castle. Wilson wrote, “Thank you … Read more
Over 2,300 employees of The Walt Disney Company have signed a petition addressed to CEO Bob Iger asking him to reconsider his recent return-to-office mandate for hybrid employees, The Washington Post reports. Iger told Cast Members in early January that Disney would require employees currently working in a “hybrid fashion” to be on-site four days … Read more
Disney CEO Bob Iger told CNBC this morning that he stopped Isaac “Ike” Perlmutter, then CEO of Marvel Entertainment, from firing Kevin Feige from Marvel Studios in 2015. Perlmutter, whose position was shifted to chairman in 2017, was “intent on firing Kevin Feige” in 2015, Iger said. This would have been around the same time … Read more
In today’s Q1 2023 earnings call, Disney CEO Bob Iger opened the call with more details on his plan to restructure the leadership structure at The Walt Disney Company. Following this, he took the time to emphasize the restoration of control over distribution and marketing to the creative minds behind the films. Iger said that … Read more
The Walt Disney Company is exploring selling some films and TV shows to rival media outlets so they can earn more money from their giant content library, Bloomberg reports. Disney+ subscriber rates continue to exceed expectations but the company still reported a $1.5 billion loss for online video last year while stock plummeted. The board … Read more
Disney CEO Bob Iger, Disney Parks Chairman Josh D’Amaro, and Walt Disney World President Jeff Vahle were spotted touring Walt Disney World together this week. Instagram user @abigail_the_fun_princess shared a photo she took with the three executives at Disney’s Animal Kingdom. Vahle commented on the photo, “Great meeting you Abby, and thanks for being our … Read more
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 12, 2023. Walt Disney World EPCOT … Read more