Some 7,000 employees will lose their jobs, with the first round of cuts starting this week as Disney moves to slash costs.
Disney CEO Bob Iger said streaming is a business in which not everybody’s going to win. Speaking at the Morgan Stanley media investment conference Thursday, Iger noted that other companies at ...
With the fate of Hulu’s ownership soon to be determined, Disney CEO Bob Iger says it is “very tricky” to pin down its ...
More job cuts will come in April and right before the summer to reach the company's previously announced 7,000-job target, ...
Disney CEO Bob Iger noted that media companies are in a “tricky” place these days, with their traditional pay TV and linear TV businesses collapsing and their new streaming businesses still too ...
Bob Iger, just over three months back as CEO of Disney, discussed major organizational changes he’s made at the company — and his optimism about making streaming, particularly Disney+ ...
Iger acknowledged Disney made a series of pandemic-era moves that angered loyal customers out of a “zeal to grow profits.” ...
We’ll send you a myFT Daily Digest email rounding up the latest US & Canadian companies news every morning. Bob Iger’s plan to attack streaming-boom era spending at Walt Disney will pick up ...
(Photo by Kena Betancur / AFP) Walt Disney Co Chief Executive Bob Iger Thursday said the ... as well as on the Roku streaming service. Iger returned to Disney in November, less than a year after ...
Disney's mandate is to cut costs and bring its streaming unit to profitability. Bob Iger will need to address, first and foremost, above-the-line content budgets. He will also need to bring in ...
The streaming race has been a boon ... the company spends on its movies and shows. Iger, the longtime former CEO who took over from the ousted Bob Chapek in November, has specifically highlighted ...
