Disney Stock Gives Up Gains After Proxy Truce, But Wall Street Analysts Hail Bob Iger Reorg And Financial Progress

Kill ’em with kindness. Selena Gomez sent a loving message to her fans as she returned to TikTok following her ups and downs with Hailey Bieber (née Baldwin).

A legend in film and television! Best known for his roles in Star Wars and Indiana Jones, Harrison Ford’s career has spanned over six decades and he has become an icon in the film industry.

Hayden Panettiere tearfully broke her silence on brother Jansen Panettiere‘s death during an emotional TV tribute.

So it looks like there might be a big change to the planned Marvel/Disney+ release schedule in 2023.

Tatiana Siegel On Nov. 20, Disney shocked Hollywood when it announced that Bob Iger would return as CEO after less than a year away. Two days later, Disney’s “Avatar: The Way of Water” landed a coveted China release. Then, the sci-fi film received a rare release extension in China that allowed it to run through Feb. 14, enabling it to gross more than $240 million in the country.  Though Disney insiders say China’s embrace of “Avatar” was unrelated to Iger’s return, its success and a string of good fortune for the company has raised eyebrows at rival studios. That’s because after seeing its Marvel releases denied entry to China for nearly four years, Disney recently announced that “Black Panther: Wakanda Forever” and “Ant-Man and the Wasp: Quantumania” were being waved into the country. (“Avengers: Endgame” in 2019 was the last Disney Marvel movie to secure a release in the Middle Kingdom, earning $632 million there.) And if things seem cozier between Disney and China, there’s no missing that a recent “Simpsons” episode that took a shot at the country’s human rights record never appeared on Disney+ in Hong Kong. The episode’s infraction involved a bit where a virtual tour guide tells Marge: “Behold the wonders of China. Bitcoin mines, forced labor camps where children make smartphones.” That joke was enough for the episode to receive the boot. The “Simpsons” move represents a stark difference from Disney’s recent approach elsewhere in Asia, where it chose to forego the release of titles including “Thor” and “Lightyear” rather than cave to pressure from censors over those films’ LGBTQ characters.

Disney CEO Bob Iger today called Marvel chairman Isaac Perlmutter’s backing of activist investor Nelson Peltz “a curious dynamic.”

Disney CEO Bob Iger said today that he’s open to selling Hulu — instead of forking over billions of dollars to buy out Comcast’s stake in the streaming platform.

Activist investor Nelson Peltz said this morning that he’s ending his proxy fight againt Disney after CEO Bob Iger announced sweeping restructuring and cost cutting plans yesterday alongside the company’s latest quarterly earnings.

Deadline reports that Disney CEO Bob Iger had good and bad news on a Q1 earnings call yesterday. The bad first: Disney initiates a $5.5 billion cost-saving plan that nixes 7,000 jobs across the entire company.

During the same earnings conference call where Disney CEO Bob Iger announced the company will lay off 7,000 workers in a cost-cutting move, he also announced the hit Avatar franchise is coming to Disneyland.Iger, 71, who returned as CEO in November 2022 to replace embattled Bob Chapek, revealed the new project will be dubbed the Avatar Experience (via Deadline). While he didn't reveal any specifics, adding that more details will be, 'coming soon,' the move comes as Avatar: The Way of Water is closing in on $2.2 billion at the worldwide box office.The original Avatar was released by 20th Century Fox back in 2009, becoming the biggest film at the domestic ($749.9 million) and worldwide ($2.743 billion) box office.The film, its sequel Avatar: The Way of Water and the other forthcoming sequels are now under the Disney banner after the studio purchased 20th Century Fox (now branded 20th Century Studios), which was finalized in 2019.

Disney CEO Bob Iger on Wednesday reaffirmed the company’s longstanding guidance to investors that its streaming business will become profitable by the end of fiscal 2024.

Bob Iger said Wednesday that ESPN is not for sale, though that possibility was explored by the previous regime.

Three of Disney's most popular animated films will be getting new installments.Walt Disney Corporation CEO Bob Iger announced on Wednesday that Frozen and Zootopia sequels are in development, and a fifth Toy Story film is in the works at Pixar.'Today I'm so pleased to announce that we have sequels in the works from our animation studios to some of our most popular franchises, Toy Story, Frozen and Zootopia,' Iger said. 'We'll have more to share about these productions soon, but this is a great example of how we’re leaning into our unrivaled brands and franchises,' he added.Iger - who also announced drastic lay offs at the company - revealed the exciting news during the company’s Q1 2023 earnings call, as per Deadline.  Exciting! Three of Disney's most popular animated films will be getting new installments. It was announced on Wednesday that Frozen and Zootopia sequels are in development, and a fifth Toy Story film is in the works at Pixar Currently unknown: No additional information has been provided in regards to the release dates of creative teams behind the upcoming films; Still from Toy StoryNo additional information has been provided in regards to the release dates of creative teams behind the upcoming films. The news came after Iger revealed that 7,000 employees would be laid off at the company, after an earlier earnings report revealed a 2.4 million loss in Disney+ subscribers. The Frozen sequel will be the third in the franchise.

The Walt Disney Company will be laying off thousands of employees as a part of a new round of cost cutting measures, CEO Bob Iger revealed today.

Animated sequels to Toy Story, Frozen and Zootopia are in the works, Disney CEO Bob Iger announced on today’s Q1 earnings call.

As Disney reported better-than-expected financials for the fiscal first quarter, CEO Bob Iger said the company is “embarking on a significant transformation” that will reshape the company he rejoined last November.

Disney CEO Bob Iger said a new attraction based on the Avatar franchise will hit Disneyland soon.

Walt Disney is targeting $5.5 billion in cost savings, including $3 billion in non-sports related content, CEO Bob Iger said today on a meaty call after earnings where he detailed a company-wide restructuring.

Disney has finally unveiled the date for its annual meeting of shareholders, a virtual event to be held Monday, April 3 at 10 am PT.