Bob Iger: Last News

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

Disney Entertainment, the new division run by Dana Walden and Alan Bergman, will oversee the company’s main streaming services including Disney+ as details of the company strategic restructuring emerge.

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.

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.

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.

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.

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.

Disney CEO Bob Iger said the company has asked its board to reinstate the dividend by the end of the calendar year. The payouts, beloved by investors, especially Disney’s legion of retail shareholders, was stopped abruptly during Covid to conserve cash.

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

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

Disney is moving back closer to how things used to be run on the content side with the creation of a new Disney Entertainment unit that will encompass TV and film.

Disney is reorganizing its sprawling businesses under three core segments — Entertainment, ESPN and Parks, Experiences & Products — as CEO Bob Iger moves to restructure the company.

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.

The initial exuberance and relief following Bob Iger’s return as Disney CEO has been replaced by anxiety as speculation about a pending corporate restructuring is intensifying — and with it, rumors about the layoffs that are likely to follow.

The Oscar nominations this week set off a new round of speculation about corporate image: Does it matter that Netflix’s potential Oscar take had dropped to 16 from 36 in 2020?

Disney CEO Bob Iger has joined with four other prominent businessmen to take a small stake in venture firm Thrive Capital.