How Disney Is Getting Its Business Strategy Right
Disney is adjusting its business strategy under returning CEO Bob Iger, and it's working.
Source: ibtimes.com
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Activist Disney Investor Declares End to Battle for Board Seat
The move by Nelson Peltz came a day after the company’s C.E.O., Bob Iger, announced a restructuring that will cut $5.5 billion in costs and eliminate roughly 7,000 jobs.
Source: nytimes.com
Disney Reports Q1 Subscriber Erosion
Disney+ shed 2.4 million subscribers in the first quarter of fiscal 2023, while overall revenues at The Walt Disney Company rose by 8 percent to $23.5 billion.
Source: worldscreen.com
With Traditional TV in Free Fall, Disney Looks to Cut Costs
In the company’s first earnings report since Bob Iger returned as C.E.O., it exceeded Wall Street’s expectations. But about 7,000 employees are expected to be laid off.
Source: nytimes.com
Disney's Iger Returns to Familiar Stage, but With Different Challenges
The company reports quarterly earnings on Wednesday, and Wall Street is expecting it to lay out a new streaming strategy and operating structure.
Source: nytimes.com