Disney CEO Bob Iger hires first brand officer
Disney CEO Bob Iger has created a new chief brand officer position – and he just tapped an experienced marketing exec at the entertainment giant, Asad Ayaz, to step into it.
Ike Perlmutter: Disney fired me from Marvel, I wasn’t laid off
‘All they talk about is box office, box office,’ Ike Perlmutter, the former Marvel Entertainment chairman, said of Disney executives and Marvel Studios leadership.
Disney CEO Bob Iger calls Ron DeSantis action 'anti-business' and 'anti-Florida'
Disney CEO Bob Iger, the same day Gov. Ron DeSantis ordered a probe into Reedy Creek's agreement with the company, said the Republican's actions were "anti-business" and "ant-Florida."
Bob Iger reveals Disney planning on investing $17B in Walt Disney World
Bob Iger revealed Disney has plans for a multi-billion-dollar, 10-year investment in its Walt Disney World park in Florida, a state the company has recently been in conflict with.
TikTok hires former Obama advisers, ex-Disney exec to fight potential ban
TikTok has retained former Obama advisers Jim Messina and David Plouffe, along with ex-Disney executive Zenia Mucha, to help the platform avoid a U.S. ban over security concerns.
DESANTIS STRIKES BACK: Florida governor calls for probe into move letting Disney retain self-governing power
Gov. Ron DeSantis fired back on Monday at the Disney-aligned board that previously controlled the district housing and overseeing the corporate giant in Florida.
Disney strips DeSantis' district oversight board of power
The Walt Disney Company pulled a surprise end run around passing covenants muting the powers of Florida Gov. Ron DeSantis' appointed oversight board.
Jobs data, Disney’s annual shareholder meeting top week ahead
Investors can expect a big week with Disney's annual shareholder meeting on Monday and the release of employment-related data and other events.
Staple restaurant of Downtown Disney in California closes its doors for final time
Catal Restaurant and Uva Bar, two original eateries of the Downtown Disney outdoor shopping mall in Anaheim, California, are closing their doors on April 14.
Disney layoffs extend to streaming jobs in China: report
The first round of layoffs at Disney has reportedly included 300 job cuts in Beijing involving the company's streaming service.
Disney lays off Marvel Entertainment chairman in cost cutting move
Isaac "Ike" Perlmutter, the chairman of Marvel Entertainment, was laid off as part of Disney's cost-cutting efforts, an active attempt to save $5.5 Billion in costs.
Disney World union members vote yes on company’s pay increase offer
Members of a coalition of Walt Disney World unions voted yes Wednesday on an agreement with the company to raise the minimum wage for workers.
Disney reportedly gives metaverse division the axe
Walt Disney Co.'s metaverse unit has reportedly been axed, according to a report published on Tuesday by the Wall Street Journal. Approximately 50 employees were affected.
Disney to begin laying off employees
Layoffs at the Walt Disney Company are reportedly commencing. Disney chief executive Bob Iger told employees in a memo that job cuts started this week.
Disney CEO Bob Iger's layoff memo to employees: Read Here
Disney will begin cutting 7,000 workers in companywide layoffs, with a first round beginning this week, followed by a larger round set for April, CEO Bob Iger disclosed in a companywide memo.
Disney World reaches tentative deal with service workers union for wage increase
A coalition of service workers unions reached a tentative deal with Walt Disney World on Thursday to raise the minimum wage to $18 for service workers by the end of the year.
Disney managers told to identify layoff candidates, with 4K job cuts expected by April: report
The Walt Disney Co. is reportedly planning to lay off at least 4,000 current employees in April after CEO Bob Iger announced a plan to cut 7,000 jobs as a cost-saving measure.
Disney+ users paid up when the price rose
Disney retained 94% of subscribers from its old, ad-free Disney+ service after a $3 per month price increase, pushing the subscription to $10.99 per month.
Diamond Sports files for bankruptcy with $8B in debt
Sinclair Broadcast Group Inc.'s regional sports business Diamond Sports Group filed for bankruptcy after being unable to service debt. The filing comes three years after a 2019 deal to purchase the business from Walt Disney Co.
Disney park price hikes 'too aggressive,' CEO Bob Iger admits
Walt Disney Company's theme park pricing may have increased too aggressively, CEO Bob Iger said Thursday, in a speech at the Morgan Stanley Technology, Media and Telecom Conference.