Thursday, Nov. 2, 2023

Walt Disney Co. said it will acquire a 33% stake in Hulu from Comcast for approximately $8.6 billion, a deal that will give Disney undisputed control of the streaming service. Disney has actually run Hulu since 2019, when Comcast ceded its authority to Disney and effectively became a silent...

Wednesday, Feb. 8, 2023

The Walt Disney Co. will cut about 7,000 jobs as part of an ambitious companywide cost-savings plan and "strategic reorganization" announced Wednesday by CEO Bob Iger.

The job cuts amount to about 3% of the entertainment giant's global workforce and were unveiled after Disney reported...

Sunday, Nov. 20, 2022

Bob Iger, the enterprising entertainment executive who brought Star Wars, Pixar and Marvel under the Disney marquee and challenged the streaming dominance of Netflix, will replace his handpicked successor, CEO Bob Chapek, whose two-year tenure has been marked by clashes, missteps and a weakening...

Tuesday, Feb. 25, 2020

Disney CEO Bob Iger, who steered the company's absorption of Star Wars, Pixar, Marvel and Fox's entertainment businesses and the launch of a Netflix challenger, is stepping down immediately, the company said in a surprise announcement Tuesday.

The Walt Disney Co. named as his replacement...

Tuesday, Dec. 3, 2019

Cicely Tyson, Seth MacFarlane and Walt Disney Co. chief executive Bob Iger will be joining the Television Academy's Hall of Fame.

Geraldine Laybourne, who helped create the Nickelodeon channel and co-founded Oxygen Media, and veteran TV director Jay Sandrich also were announced Tuesday as...

Thursday, Apr. 11, 2019

Disney raised the curtain on a hotly anticipated video steaming service that's aiming to topple industry pioneer Netflix, once a valuable ally of the Magic Kingdom.

The service, called Disney Plus, has been in the works for more than year, but Thursday marked the first time that the...

Wednesday, Aug. 8, 2018

Disney's upcoming streaming service won't try to compete directly with Netflix and Amazon, but will focus instead on quality — namely original programs from Disney's "Star Wars," Pixar and Marvel brands.

The details from Disney CEO Bob Iger came as Disney reported a growth in earnings for...

Monday, Apr. 4, 2016

Tom Staggs, the presumed front-runner to replace Bob Iger as CEO of The Walt Disney Co., is leaving the company next month.

The surprise announcement Monday means Disney will have to look further for Iger's successor after he steps down in June 2018, a date the popular chief executive has...

Thursday, Nov. 6, 2014

Movie heroines and superheros were the stars of The Walt Disney Cos. fourth-quarter results on Thursday, as the success of animated tale "Frozen" and Marvel movie "Guardians of the Galaxy" helped revenue surpass expectations.

Disney Studios has had a...

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