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The Latest Breaking News from Bob Chapek

Disney announces ex-CEO Bob Iger will return for 2 years

The Walt Disney Company announced late Sunday that former CEO Bob Iger would return to head the company for two years in a move that surprised the entertainment industry.

WEKU

Disney announces ex-CEO Bob Iger to return for 2 years

The Walt Disney Company announced late Sunday that former CEO Bob Iger would return to head the company for two years in a surprise move

The Independent UK

Disney replaces CEO Chapek with predecessor Bob Iger effective immediately

Iger just stepped down as executive chairman 11 months ago after four decades with Disney and 15 years as CEO.

Fortune

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Bob Iger back as Disney CEO, Chapek steps down

His successor, Bob Chapek was given a multi-year contract extension earlier this year

Axios

Netflix May Fix a Big Mistake Disney Has Avoided

The two media companies are both struggling for different reasons, but Disney has a huge lead in a key area.

The Street

Disney World increases price of park tickets, annual passes

Disney World on Tuesday revealed increases in theme-park ticket prices and said for the first time it will charge extra for one-day tickets based on which park a customer reserves.

Orlando Sentinel

Will Disney layoffs, hiring freeze affect Disney World?

Layoffs and a hiring freeze are coming within the Walt Disney Co. soon, according to a memo from Disney CEO Bob Chapek, but it is unclear if Walt Disney World will be affected by the cutbacks.

Orlando Sentinel

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Disney Follows Netflix in Making a Dumb Move (It's Worse for the Mouse)

Apple, Tesla, and Lululemon have proved an important point that both streaming giants are missing.

The Street

Disney+ Hits 164.2 Million Subscribers As It Plans For Price Hike

Media giant The Walt Disney Company reported fourth-quarter and full-year financial results after market closed on Tuesday

Zenger

Disney Stock: The Company Says Not to Worry About Disney+ Losses

Disney shares took a massive hit on Nov. 9 after the company shared how big its streaming losses are.

The Street

Disney is still on track for streaming profitability—but a storybook ending isn’t guaranteed

The worsening economy and sky-high losses add to concerns about Disney’s ability to make money off streaming.

Fortune

Disney’s park earnings set a record, even after $65 million Ian loss

ORLANDO, Fla. — Disney’s theme parks division generated $7.4 billion in revenue last quarter, despite Hurricane Ian’s path near Disney World in late September costing the company $65 million, executives said Tuesday.

Orlando Sentinel

Disney Stock Tumbles On Expensive Streaming Gains, Q3 Earnings Miss

"Our approach going forward is going to be focused largely on profitability," instead of pure subscriber additions, CEO Bob Chapek said.

The Street

Disney+ keeps growing fast. But streaming loses $1.5 billion

LOS ANGELES — Disney+ is still growing fast as the streaming service takes the Walt Disney Co. into the future of entertainment. But the effort to stay dominant in the age of Netflix is costing the Burbank giant in a big way.

Los Angeles Times

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Benzinga

Disney Q4 Earnings Highlights: Revenue And EPS Miss, Disney+ Hits 164.2 Million Subscribers And More

Media giant The Walt Disney Company (NYSE: DIS) reported fourth-quarter and full-year financial results after market close Tuesday. Here are the key highlights.

The Street

Disney Stocks Slumps After Q3 Earnings Miss, Expensive Disney+ Subscriber Gains

Company holds to projection Disney+ will achieve profitability in fiscal 2024.

The Street

Disney Earnings Preview: Disney+ Subscriber Growth Key As Netflix Embraces Ad Service

Disney may again overtake Netflix as the world's largest streaming service as it builds on sports rights and film content amid activist pressure for change.

Benzinga

Elon Musk & Philippine Billionaire Come Together For Satellite Internet Service In Southeast Asia, Disney May Track Your Theme Park Preferences, Struggling Credit Suisse Reveals Business Overhaul: Top Stories Thursday, Oct. 27

Benzinga

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Orlando Sentinel

Disney’s ‘blue sky’ ideas keep fans guessing on parks’ plans

Sometime in the next decade, Disney World visitors could venture into Maleficent’s castle or sit down for a meal in the village of Santa Cecilia from Pixar’s 2017 film “Coco” — but Disney could also scrap plans long before the first guest sets foot inside.

The Orange County Register

Disneyland plans Avengers Campus expansion with new E-ticket attraction

A first-of-its-kind Quinjet E-ticket attraction put on hold by pandemic-related financial constraints is back on track as the Disneyland resort announces plans for the second phase of the new Marvel-themed land.

The Street

Disney Will Do Anything for Money (But it Won't Do That)

Bob Chapek has one line the Walt Disney Co. won't cross (even though it would make a boatload of money).

Benzinga

Disney's ESPN, DraftKings And Others Get An Apple App Store Boost From NFL Opening Weekend

More than 121 million people viewed at least part of the NFL's opening weekend slate of games, but ratings weren't the only thing getting a boost when the 2022 season officially kicked off. Several mobile applications saw increased usage and download volume over the weekend. Here's what you need to know:

The Street

Disney Stock Gains On Bullish Chapek Comments, More Talk Of Hulu Takeover

Disney CEO Bob Chapek wants to wrap-up a deal for Hulu, but Comcast boss Brian Roberts said the price is rising.

The Street

Stocks Edge Higher, Retail Sales, Disney, Shell and 'The Merge' In Focus - Five Things To Know

Stock futures higher, dollar resumes climb; Retail sales data in focus amid gas price decline; Disney edges higher as CEO Chapek touts ESPN potential; Shell names renewables boss as new CEO and Ether slips lower after successful Ethereum 'merge'.

Benzinga

ESPN Sports-Betting App Coming Soon? Joe Terranova Buys Disney Stock After CEO Identifies New 'Growth Engine'

After Walt Disney Co (NYSE: DIS) CEO Bob Chapek swatted investor calls for an ESPN spinoff over the weekend and noted that plans are in place for the future of the sports network, one investor jumped in and bought shares of the media giant.

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