Page 6 - Walt Disney

Bob Iger to receive $27 million yearly for return as Walt Disney CEO

Iger will receive a base salary of $1 mn and a bonus equal to that amount, according to a filing by the company on Monday. In addition, he'll receive stock awards with target value of $25 mn each year

Walt Disney says Bob Iger returning as CEO amid rough global conditions

The Walt Disney Company has announced that Robert A Iger (Bob Iger) is returning to head the company amid the company's plans to reduce workforce to navigate the rough global conditions

Disney set to reduce its workforce, freeze hiring amid revenue drop

According to an internal leaked memo from Disney CEO Bob Chapek, seen by CNBC, the company is 'limiting headcount additions through a targeted hiring freeze'

Twitter's current travails with advertisers bring focus on brand safety

Focused approach to media targeting, using third-party verification tools among measures advertisers are adopting

Disney films series on 'Mahabharata' to gain stronger foothold in India

"Mythology has always been one of the most popular genres on Indian television," said Mihir Shah, the Mumbai-based vice president at consultancy Media Partners Asia.

Disney lowers subscriber target after IPL streaming rights loss

The firm revised its subscriber count to 80 million by the end of fiscal 2024 from the projected 100 million

Netflix faces tough road ahead despite low second-quarter subscriber loss

Netflix Inc may have calmed investors' worst fears with a second-quarter subscriber loss that was better than expected

Disney to keep Formula One TV rights at 1,500% premium as popularity surges

The company will pay between $75 million and $90 million a year for the rights as part of a three-year deal

Disney Plus could lose 20 mn subscribers after ceding IPL streaming rights

About 50 million, more than one-third, of the worldwide subscribers come from Disney+ Hotstar, a product offered in India and other South Asian nations, and cricket has a been a big driver of that

300+ original shows in local languages lined up on top OTT platforms

A spokesperson for Amazon Prime said it has announced 42 original titles which will be on the platform in the next two years

A merger wave in media

A mix of history, the pandemic and its cascading effects are among the reasons for this action

Disney+ adds 7.9 mn subscribers in Jan-Mar period as Netflix bleeds

Bob Chapek, CEO of The Walt Disney Company said that the company is on track to reach 230 to 260 million subscribers by fiscal 2024

Apple CEO Tim Cook says 'deeply concerned' over LGBTQ laws in US

Walt Disney Co's Bob Chapek is another chief executive to voice his disappointment about the gender identity discussion legislation.

Disney 'taking steps to pause' all business in Russia after Ukraine war

The Walt Disney Company is working to pause all business in Russia following the country's "unprovoked invasion of Ukraine", a spokesperson said

Disney censors 'overtly gay' affection in Pixar films: Report

A statement attributed to "the LGBTQIA+ employees of Pixar", employees of the animation studio allege that Disney executives demanded cuts from "nearly every moment of overtly gay affection"

Walt Disney regains magic with surge in subscriber adds, park visits

The big surprise was new subscriptions to Disney+, which came in at 11.8 million, above the 8.17 million that Wall Street had projected

Susan Arnold: After 98 years, Walt Disney gets first woman chair

Arnold, 67, has been the lead independent director since 2018 and has served on Disney's board since 2007

Scarlett Johansson, Disney settle lawsuit over superhero film 'Black Widow'

Terms of the agreement weren't disclosed, but both sides issued statements suggesting no lingering animosity, despite Disney's initially aggressive response to the actress's lawsuit

Fighting rivals, Netflix changes plotline with Seinfeld and Stranger Things

Covid-related delays made for a light roster of 2021 shows at the streaming giant, just as competitors such as Disney+ and HBO Max from AT&T Inc. have been gaining a foothold in the market.

Are you ready for sentient Disney robots?

Disney knows it has to devise a new generation of spectacular attractions rooted in technology if it wants to continue to vacuum up family vacation dollars