Videos > Streaming
Disney to lay off 7,000 workers in major cost-cutting restructure
1 month ago | By Up Worthy
The Walt Disney Company on Wednesday announced a sweeping restructuring under recently reinstated boss Bob Iger, cutting 7,000 jobs as part of an effort to save $5.5 billion US in costs and make its streaming business profitable. The layoffs represent an estimated 3.6 per cent... waltdisneycompany bobiger disney iger espn activist nelsonpeltz warnerbros discovery netflix
Read more ...
Disney Reaffirms Outlook For Streaming Profitability By 2024; CEO Bob Iger Calls The Business “My No. 1 Priority” But Vows Not To “Abandon” Movie Theaters Or Linear TV
1 month ago | By Deadline
Disney CEO Bob Iger reaffirmed the company's longstanding guidance to investors that its streaming business will become profitable by the end of fiscal 2024. Speaking on the company's quarterly earnings call, Iger called streaming “my No. 1 priority” and said he has “drilled down into every facet of our streaming business” since returning as CEO...
Read more ...
Bob Iger Promises 'Significant Transformation' At Disney As Disney+ Posts First-Ever Quarterly Losses
1 month ago | By Slash Film
Things are changing at the Mouse House. According to an announcement made on Wednesday by CEO Bob Iger ( who recently returned to that position just a few months back ), the studio's streaming service Disney+ saw 2.4 million subscribers drop away during the final three months of 2022. It's the service's first loss since its launch in November of 2019, and may indicate a changing trend in streaming service usage, as numerous studios establish their own subscription-based channels vying for consumer eyeballs and wallets - including the likes of Paramount+ and MGM+, both of which followed...
Read more ...
Bob Iger Says ESPN Not For Sale
1 month ago | By Deadline
Bob Iger said today that ESPN is not for sale, although that possibility was explored by the previous regime. He said he'd expected the question - which came on a call with Wall Streeters after the company's latest earnings - after news that Disney is splitting up its businesses into three core segments, one of...
Read more ...
‘Avatar' Experience Coming To Disneyland
1 month ago | By Deadline
Disney CEO Bob Iger said a new attraction based on the Avatar franchise will hit Disneyland soon. He called it the Avatar Experience and said details will be “coming soon” -not providing any. But he noted the obvious, that Avatar is now a core franchise for the company, “which has a way of leveraging success”...
Read more ...
Frozen 3, Toy Story 5, and More Announced by Disney
1 month ago | By Coming Soon
During today's Disney Q1 earnings call, Disney CEO Bob Iger announced that sequels to Frozen 2 , Toy Story 4 , and Zootopia are all in the works.
“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. 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,” Iger said
This isn't too big of a surprise given how profitable and critically acclaimed all three of the listed franchises are. All...
Read more ...
Disney Sets Sequels for ‘Frozen,' ‘Toy Story' and ‘Zootopia'
1 month ago | By The Wrap
The announcement comes during the company's first-quarter earnings call, with details to come
Read more ...
Disney to Cut 7,000 Jobs, Citing Advertising ‘Headwinds'
1 month ago | By The Wrap
The move comes in an effort to reduce costs by an estimated $3 billion, CEO Bob Iger said
Read more ...
‘Frozen‘, 'Toy Story' & ‘Zootopia' Sequels In The Works, Disney CEO Bob Iger Says
1 month ago | By Deadline
Disney CEO Bob Iger announced that three animated sequels for Toy Story, Frozen and Zootopia are in the works on today's Q1 earnings call. “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. we'll have...
Read more ...
Disney To Reinstate Dividend By Year End
1 month ago | By Deadline
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. Iger said the company's planned cost cutting - of $5.5 billion - will make...
Read more ...
Disney+ Loses 2.4 Million Subscribers Under Bob Iger's Leadership
1 month ago | By Decider
Disney+ is still trailing behind its rival, Netflix.
Read more ...
Disney+ Drops 2.4 Million Subscribers in First Loss, Bob Iger Heralds ‘Significant Transformation' Underway
1 month ago | By Up Worthy
Disney+ lost a net 2.4 million subscribers in the last three months of 2022 - marking the streaming service's first decline since launching in late 2020 - while the Mouse House's quarterly earnings topped Wall Street estimates, thanks to a surge in revenue at Disney's theme parks. The results are... disney bobigers disneys bobchapek iger disneysq1of refinitiv varietys strictlybusiness disneyhotstar
Read more ...
Disney+ Loses 2.4 Million Subscribers but Beats Expectations as Ad Plan Joins Lineup
1 month ago | By The Wrap
The streaming service reported 161.8 million subscribers in the first quarter, above analysts' forecasts of 157 million
Read more ...
Disney Reorganizes Into Three Segments, Entertainment, ESPN & Parks
1 month ago | By Deadline
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. The move follows his dismantling of DMED, or Disney Media & Entertainment Distribution, set up by previous CEO Bob Chapek, that wrested control over content decisions by the company's...
Read more ...
Disney Cuts Thousands Of Jobs Amidst Latest Restructuring & Costs Trimming
1 month ago | By Deadline
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. Speaking on the House of Mouse's Q1 earning call this afternoon with CFO Christine McCarthy, Iger said that 7,000 jobs would be let go from the now 100-year-old...
Read more ...
Disney To Cut $3 Billion In Content Costs Amid $5.5-Billion Savings Push As Bob Iger Makes His Move
1 month ago | By Deadline
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. He said the other $2.5 billion are general operating costs, of which $1 billion is already underway. CFO Christine McCarthy, also on...
Read more ...
Disney CEO Bob Iger Says Company “Embarking On A Significant Transformation” As Parks Power Quarterly Financials, Streaming Losses Narrow
1 month ago | By Deadline
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. The company showed improvement across a range of financial categories during the quarter ending December 31, compared with the dismal showing last November just...
Read more ...
Search by Tags
Streaming Streamings Theater Theaters Breaking News Corporate Affairs Executives News Bob Iger Disney Disney streaming Disney+ Earnings Sports Disney Earnings ESPN Soon Avatar The Way of Water Award Animation Serie Awards Criticisms Criticism Series Family Movies Frozen Movie News Toy Story Zootopia Dividend Business TV WrapPRO Entertainment Dmed Espn+ Parks Labor Layoffs Sport First Quarter Earnings5 best Neo-Noir Movies
Neo-Noir is the best movie dish that I would like to taste as it includes crime, humor, dark wit, twisted plot and classy dialogues. It shows a perception from both ends like... Read more ...
5 best Neo-Noir Movies
Neo-Noir is the best movie dish that I would like to taste as it includes crime, humor, dark wit, twisted plot and classy dialogues. It shows a perception from both ends like... Read more ...
5 best Neo-Noir Movies
Neo-Noir is the best movie dish that I would like to taste as it includes crime, humor, dark wit, twisted plot and classy dialogues. It shows a perception from both ends like... Read more ...
Is ‘John Wick: Chapter 4' Streaming on HBO Max or Netflix?
Keanu Reeves is back as professional hitman John Wick. Read more ...
Kelly Ripa and Mark Consuelos Open up About Their “Sexual Rituals” Over...
Ripa said the racy FaceTime calls were "so ludicrous." Read more ...
Amazon Prime Video Exploring More Global Franchises In Same Vein As...
Amazon Prime Video is exploring more global franchise opportunities following the success of the Russo Brothers' Citadel. James Farrell, the streamer's VP, International, told... Read more ...
Dungeons & Dragons: Honor Among Thieves Trailer: Critics Adore This Fantasy...
Look, Paramount really wants you to check out "Dungeons & Dragons: Honor Among Thieves." The studio is banking hard on turning the pater familias of tabletop fantasy... Read more ...
Apple TV+ Has a Branding Problem - and ‘Ted Lasso' Alone Won't Win the...
The tech giant needs to invest more in its streamer's content strategy or pivot, experts tell TheWrap Read more ...
My Senpai is Annoying Blu-ray and DVD Release Date & Special Features
Fans of the josei genre might want to check out this home video release coming to Crunchyroll in the summer. The My Senpai is Annoying Blu-ray and DVD is arriving in June... Read more ...
Apple Considering Bid For English Soccer Streaming Rights - Report
Apple is said to be interested in bidding for the rights to broadcast English soccer games, according to a new report published this morning. The report, found in Bloomberg... Read more ...
TF1's Rodolphe Belmer: “We Must Be The Free Entertainment Home For French...
Rodolphe Belmer has made the case for TF1 Group as “the free entertainment reference for French citizens on TV and in streaming.” Talking during a Lille Dialogue keynote... Read more ...
Picard Season 3's Daystrom Station Is Like Star Trek's Version Of The...
This post contains spoilers for "Star Trek: Picard" season 3, episode 6. As it crosses into the back half of its third and final season, "Star Trek: Picard" finally brings back... Read more ...
Planet Normal: How Sweden stood firm, Anders Tegnell looks back on lockdown...
Follow the Planet Normal podcast to make sure you never miss an episode In the first of... planetnormal Read more ...