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13.03.2024 / 18:03

Disney Highlights Former Marvel Chief Ike Perlmutter’s “Difficult History With Bob Iger” In Latest Proxy War Salvo

Disney’s latest salvo in a proxy fight with activist investor Trian Fund Management highlights the firm’s “silent partner” Ike Perlmutter and his “difficult history with Bob Iger.”

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11.03.2024 / 20:31

Disney Shares Extend Recent Gains As Company Renews Attacks On Activist Investor Nelson Peltz

Disney shares were up 2% at mid-day Monday, extending their recent rally, as the company renewed its attacks on activist investor Nelson Peltz.

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08.03.2024 / 14:51

Sarah Polley No Longer Directing Disney’s Live-Action ‘Bambi’ Adaptation Amid Disney Changes

Following Disney chief Bob Iger’s very recent admission that the company had quietly canceled several projects that they didn’t wholeheartedly believe in the last few months amid belt-tightening and scaling back, a picture of what some of those projects might be is starting to emerge. In an in-depth piece from The Wrap about soon-to-be-former Disney executive Sean Bailey and his legacy— exiting after 15 years as the motion picture group’s president of production, a big shake-up in the company— some details of what may have already been put out to pasture are becoming more apparent.

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06.03.2024 / 16:29

‘Deadpool’s Kari Son Says Ryan Reynolds Had Been Plotting Hugh Jackman/Wolverine Appearance For Years

As we all know by now, “Deadpool & Wolverine,” set for July 26, is Marvel Studios only film for 2024. Speaking at a Morgan Stanley event yesterday, Disney Chief Bob Iger predicted the film will be “one of the most successful Marvel movies we’ve had in a long time.” Clearly, the hype for the film is rising.

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05.03.2024 / 22:30

Bob Iger Disputes Marvel “Fatigue” Notion, But Says Disney Has Quietly Canceled Several Projects

Disney CEO Bob Iger remains committed to turning the ship around, but in doing so, admits the company has had to make some hard choices and cancel projects the studio didn’t have 100% belief in. “You have to kill things you no longer believe in, and that’s not easy in this business,” Iger said, speaking at a conference hosted by Morgan Stanley in San Francisco on Tuesday (via THR).

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05.03.2024 / 20:11

Disney Has “Killed A Few Projects” Amid Studio Overhaul, Says Bob Iger; “We’ve Not Been That Public About It”

Disney CEO Bob Iger said the studio has “killed a few projects already that we just didn’t feel were strong enough,” as the company tries to reverse a box office slump.

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05.03.2024 / 20:11

Disney CEO Bob Iger Says He’s Trying Hard “Not To Get Distracted” By Activist Investors

Disney CEO Bob Iger called the proxy fight being waged by two activist investors a campaign that “is, in a way, designed to distract us, to take our eye off all [that’s] necessary to do what we need to do to generate returns for shareholders.”

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05.03.2024 / 19:25

Disney Working to Get Streaming Platforms on Technical Par With Netflix, Iger Says: ‘We Need to Be at Their Level’

Todd Spangler NY Digital Editor Disney CEO Bob Iger acknowledged that the company is behind Netflix in terms of technical capabilities — and that the Mouse House is in the process of catching up. “We need to be at their level” of technical capability, in order to reduce marketing expenses and cut churn rates, Iger said about Netflix, speaking Tuesday at the 2024 Morgan Stanley Technology, Media & Telecom Conference. Iger reiterated that Disney is on track to achieve profitability in the streaming business — which includes Disney+, Hulu and ESPN+ — by the fiscal quarter that ends September 2024.

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02.03.2024 / 00:41

Rihanna Performs Rare Fan Favorites for Billionaire’s Private Wedding Party in India

Thania Garcia Rihanna‘s performance for the private pre-wedding bash of billionaire Mukesh Ambani’s son left everyone without an invite green with envy. Rihanna appeared on stage in India on Friday night for her first big live performance since her 2023 Super Bowl set. Footage of her singing rare fan favorites — including 2012’s “Stay,” her career-launching “Umbrella” and “Consideration,” a song she shares with SZA — began circulating on X thanks to a handful of gracious attendees who recorded much of the performance.

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01.03.2024 / 04:13

Disney Grandchildren Slam Activist Investors in Letters to Company Shareholders: ‘We Know Who the Villains Are in This Story’

Todd Spangler NY Digital Editor The descendants of Walt Disney and his brother Roy O. Disney have weighed in on the bid by two activist investment firms to win seats on the board of the Walt Disney Co. Nelson Peltz, the activist investor who runs hedge fund Trian Partners, is waging a proxy-fight battle to install himself and ex-Disney CFO Jay Rasulo as directors; Peltz’s stated aim is to drive up the price of Disney’s stock.

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01.03.2024 / 00:26

Ivanka Trump, Bill Gates, Rihanna and more guests at wedding party for son of Asia’s richest man: Details

Mukesh Ambani, for the union of his 28-year-old son Anant Ambani, with his childhood sweetheart, 29-year-old Radhika Merchant. Rihanna arrives in India to perform at the wedding of the son of Asia’s richest man: How much is she getting paid?Is Taylor Swift endorsing Joe Biden’s presidential campaign in 2024?Melania and Ivanka Trump’s relationship and the reason behind her ‘I Don’t Care’ jacket: New book claimsHowever, this celebration is not for the wedding ceremony, as the pair are set to tie the knot in July.

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29.02.2024 / 23:55

Family Of Walt Disney Supports Bob Iger In Company’s Proxy Fight With “Hedge Fund-Backed Opportunists”

In two open letters to shareholders of the Walt Disney Co., grandchildren of Walt Disney and his brother Roy O. Disney came out in support of CEO Bob Iger and current management, which is being assailed by two investment firms trying to change the makeup of the company’s board.

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28.02.2024 / 00:39

‘Moana 2’: Auli’i Cravalho Is Definitely Returning To Disney Sequel

EXCLUSIVE: Auli’i Cravalho is coming back toreprise the voice of Moana in Moana 2.

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26.02.2024 / 04:45

Charles D. King Makes History With PGA Milestone Award; Ryan Coogler Extols Macro Founder As Producer Who Wills Projects “To Exist”

Charles D. King made history tonight, becoming the first African American producer to accept the PGA Milestone Award.

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24.02.2024 / 01:37

Netflix Scraps ‘The Kane Chronicles’ Films From ‘Percy Jackson’ Creator Rick Riordan

Selome Hailu Netflix is no longer adapting Rick Riordan‘s “Kane Chronicles” book series into feature films. Riordan, best known as the author of the “Percy Jackson and the Olympians” books, shared the news while responding to question from a fan on Goodreads. “Right now, Kane Chronicles is in ‘turnaround,’ which means Netflix has decided not to move forward and their option has lapsed after trying for two years to develop a script they liked,” he wrote.

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21.02.2024 / 14:39

Lady Gaga Will Headline Fortnite Festival Season 2

Katcy Stephan Lady Gaga is trading in the “LoveGame” for a video game. The singer is coming to Fortnite Festival as the second season’s headlining icon, launching Feb.

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17.02.2024 / 14:19

Trian’s Disney Shares Have Gained $500 Million in Value So Far This Month. Why Is Activist Investor Nelson Peltz Still Unhappy?

Todd Spangler NY Digital Editor Nelson Peltz, the activist investor who runs hedge fund Trian Partners, believes urgent change is needed at Disney. He’s waging a proxy-fight battle to install himself and ex-Disney CFO Jay Rasulo as directors, a vote that will go up at Disney’s 2024 annual shareholders meeting April 3. What does Trian want? “Fundamentally and crudely, we want the stock to go up,” Peltz says in a video on Trian’s Disney proxy-fight site.

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14.02.2024 / 17:46

Nelson Peltz Rips Disney’s Spree Of Earnings-Timed News As “Spaghetti Against The Wall”, Guarantees Victory In Proxy Fight

Activist Disney investor Nelson Peltz, whose Trian Capital is at war with CEO Bob Iger, blasted the company’s spree of earning-timed announcements last week as “spaghetti against the wall.” He also guaranteed victory in the proxy fight.

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08.02.2024 / 15:41

Bob Iger Says Marvel Will Have “Reduced Volume & Output” & Claims Studio “Lost Focus”

Last night, The Walt Disney Company reported its first quarter earnings of 2024 on Wednesday, and Chief Executive Officer Bob Iger dropped many bombs and surprise announcements. “Moana 2” is coming later this year, “Toy Story 5” and “Frozen 3” are coming in 2026, Taylor Swift’s “The Eras Tour” concert doc is coming to Disney+ in March, and so much more.

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08.02.2024 / 00:49

Disney Announces ‘Toy Story 5,’ ‘Frozen 3,’ ‘Mandalorian & Grogu’ For 2026 & More

The Walt Disney Company reported its first quarter earnings of 2024 on Wednesday, and Chief Executive Officer Bob Iger made several surprise announcements. For one, as you probably already read, a surprise “Moana 2” is not only coming, it’s nearly ready, and dated for November 2024.

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07.02.2024 / 22:55

‘Moana 2’ Announcement Teaser: Surprise! Disney’s Animated Sequel Arrives In November

Well, this one comes out of nowhere. A $682.6 million global box office winner that has surely grossed just as much as that in toys, games, merchandise, and ancillary products if not more, today Disney’s Bob Iger made the surprise announcement of a sequel to the animated hit “Moana.” And here’s more of a shocker: it’s basically done and ready to come out this year in November.

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