Jessica Schell: Last News

Disney touted its latest financials, a dividend hike and projects around sports, Fortnite and Taylor Swift as it urged stockholders to elect its board candidates at the upcoming annual meeting — not directors nominated by activist investors that it says will gum up the works as management  “successfully executes a strategic transformation of the company.” 

Todd Spangler NY Digital Editor Disney CEO Bob Iger saw his compensation hit $31.6 million in 2023 — down from $45.9 million in 2021, his last prior full year of employment at the company. Iger’s 2023 pay package included $865,385 in base salary, plus 16.1 million in stock awards, $10 million in stock-option awards, $2.14 million cash bonus and $2.48 million in other compensation, according to the company’s proxy statement filed Tuesday with the SEC. His contract with Disney runs through the end of 2026.

Disney CEO Bob Iger’s compensation totaled about $31.6 million for the company fiscal year ended Sept. 30. It includes most of the year. Iger returned to lead Disney in November of 2022.

Disney Co. made a strategic move amid its proxy battle with Nelson Peltz by inking an “information sharing” deal with activist investor ValueAct Capital.

Todd Spangler NY Digital Editor Fanatical collectors of Peter Jackson’s “The Lord of the Rings: The Fellowship of the Ring” will get the chance to buy limited-edition multimedia nonfungible token (NFT) versions of the fantasy epic. Warner Bros. Home Entertainment is teaming with blockchain company Eluvio to launch “The Lord of the Rings: The Fellowship of the Ring” (Extended Version) Web3 Movie Experience, which will be available in two different editions that drop Friday, Oct. 21 at web3.wb.com. It’s the first time a major studio is releasing a movie as NFTs, which are unique identifiers that verify ownership of digital content. “The Fellowship of the Ring” NFTs are the first ones to be available in the “WB Movieverse,” a new marketplace that will in the future include other titles from the studio. Jessica Schell, GM and EVP, Warner Bros. Home Entertainment, said future releases are yet to be determined. On the platform, fans will be able to buy, sell and trade movie NFTs.