Tag Archives: CEO Bob Iger

“Not Sustainable, Not Acceptable”: CEO Bob Iger Gives Up on Disney+

Disney Bob Iger

Disney CEO Bob Iger is about as fed up with Disney+ as any subscriber could be. Specifically, the legendary executive is just plain frustrated about the billions of dollars the Mouse has sunk into the streaming service without any sign of it becoming profitable. Fresh off his victory over Nelson Peltz of Trian Fund Management and Blackwells Capital, both of ...

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New: Tim Burton’s ‘Wednesday’ No Longer Returning to Netflix as Predicted

Wednesday Movie

If you were planning on watching Wednesday this year, we are sorry to inform you that season two of the hit Netflix series will no longer be coming to the streaming platform in 2024. Tim Burton’s latest spooky masterpiece, Wednesday, took Netflix by storm in 2022. Following the iconic Wednesday Addams (played by Jenna Ortega) as she navigates adolescence at ...

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Bob Iger Waves “Goodbye” to ‘Star Wars’, Solidifies Cancellation Plan

Star Wars theme Park

Bob Iger and The Walt Disney Company have once again decided to ignore instead of acknowledge the once-promised Star Wars expansion in Disneyland Paris after silently cutting it from the budget. Today, Disney held their annual Shareholders Meeting, where it was confirmed that Nelson Peltz would not be getting a seat on the board. During the call, Bob Iger shared ...

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Is Disney’s CEO Really Extending His Contract?

Disney CEO Bob Iger with Mickey Mouse

CEO Bob Iger is working at the Walt Disney Company after returning from his semi-retirement (a cushy position consulting for Disney as a side hustle), but apparently, the Disney CEO has still not had enough of his second turn as Disney’s leader! Iger worked as the CEO of the Walt Disney Company between 2005 and 2020 before stepping down for ...

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Disney CEO Renovates $33 Million Home While Approving Drastic Layoffs

Bob Iger's home in Los Angeles and Bob Iger looking awkward

Many Disney fans disliked former Walt Disney Company CEO Bob Chapek — but now that the Disney CEO who has replaced him, Bob Iger, has taken over, there are still plenty of complaints circulating. Another Day, Another PR Disaster Disney has been facing a slew of public relations challenges in recent months, and the Walt Disney Company’s leader (who returned ...

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How Exactly is Disney Planning on Filling 13,000 Jobs?

Where will Disney find 13000 cast members?

You’ve probably noticed something about the surrounding area if you’ve left the Walt Disney World bubble in Orlando. It is in a perpetual state of construction. There are new shops, restaurants, hotels, and apartments/condos. And that doesn’t include the seemingly never-ending highway construction. Just stay away from I-4. At the Walt Disney Company’s earnings meeting this week, Disney CEO Bob ...

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After Earnings Call and Beating DeSantis, Wall Street Heaps Praise on Iger

It’s been a busy couple of weeks for Walt Disney Company CEO Bob Iger. He has slashed thousands of jobs in television and got rid of the entire meta division at Disney just before the earnings call with Disney investors. He got rid of several people loyal to former Disney CEO Bob Chapek and those who caused him headaches. He ...

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As Layoffs Begin, A Disney Park Posts Record Revenues

Disney Park Post Record Revenue

The bloodletting has begun. In February, Disney CEO Bob Iger promised shareholders that there would be 7,000 layoffs coming to the Walt Disney Company. And just this week, Iger began delivering on his promise. The layoffs started by getting rid of some of the remainder ideas of former CEO Bob Chapek, including laying off the entire metaverse division. Most layoffs ...

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China Market is Softening on Iger and Disney

Congress to Interview Bob Iger

When Bob Iger returned as CEO, it was widely believed that his return would warm the relationship between Disney and China that had soured under his predecessor, former CEO Bob Chapek. A mere two days after Iger’s return, Disney’s Avatar: The Way of Water (2023) received permission from the Chinese government to be released in the Communist nation. Avatar even received ...

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Disney in Court Over Response to Florida’s ‘Don’t Say Gay’ Law

Disney gets legal win in case over response to 'Don't Say Gay'

Disney can’t seem to catch a break. Every move they make lately appears to be the wrong one, particularly those moves which led to the Mouse House losing control over the Reedy Creek Improvement District in a fight with Florida Governor Ron DeSantis and the Florida Legislature over Disney’s response to Florida’s Parental Rights in Education Act. While critics of the ...

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