Wait! What? Bob Iger replaces Bob Chapek as Disney CEO

Did not see this coming. Sunday night, The Walt Disney Company announced that Robert A. Iger is returning to lead Disney as Chief Executive Officer, effective immediately. Iger was replaced by Bob Chapek in 2020. Iger, who spent more than four decades at the Company, including 15 years as its CEO, has agreed to serve as Disney’s CEO for two years, with a … Continue reading “Wait! What? Bob Iger replaces Bob Chapek as Disney CEO”

Bob Chapek replaces Robert Iger as Disney CEO

Apparently, amazing things can happen to a Microbiology major from Indiana. Yesterday, The Walt Disney Company Board of Directors announced today that Bob Chapek has been named Chief Executive Officer, The Walt Disney Company, effective immediately. Mr. Chapek most recently served as Chairman of Disney Parks, Experiences and Products. Robert A. Iger assumes the role … Continue reading “Bob Chapek replaces Robert Iger as Disney CEO”

Disney names Dana Walden head of DGE Content

The Walt Disney Company has named Dana Walden as Chairman, Disney General Entertainment Content, it was announced today by Bob Chapek, Chief Executive Officer, The Walt Disney Company. In this role, Walden will lead the company’s general entertainment content engine that creates original entertainment and news programming for Disney’s streaming platforms and its cable and … Continue reading “Disney names Dana Walden head of DGE Content”

Marvel denounces Florida’s “don’t say gay” legislation

In an official statement on Twitter, Marvel Studios denounced anti-LGBTQ+ legislation on Tuesday afternoon. Marvel’s Twitter announcement comes after a week of controversy surrounding its parent company, The Walt Disney Company, and its initial lack of response against Florida’s “Don’t Say Gay” legislation. The statement reads: “We strongly denounce any and ALL legislation that infringes … Continue reading “Marvel denounces Florida’s “don’t say gay” legislation”

Shang-Chi brings in $94m over Labor Day weekend

Disney claims the Friday-Sunday gross for Shang-Chi and the Legend of the Ten Rings was $75.5 million, and estimates that with Labor Day added the total will be at least $94 million for the four days.  On Sunday Disney projected that Shang-Chi would finish the extended weekend with $90 million from 4,300 theaters, but the … Continue reading “Shang-Chi brings in $94m over Labor Day weekend”

Academy: Jonathan Majors, Issa Rae among 395 invites

The Academy of Motion Picture Arts and Sciences has extended invitations to join the organization to 395 artists and executives who have distinguished themselves by their contributions to theatrical motion pictures. Membership selection decisions are based on professional qualifications, with representation, inclusion and equity remaining a priority of Academy Aperture 2025.  The 2021 class is 46% … Continue reading “Academy: Jonathan Majors, Issa Rae among 395 invites”

Bergman named Chairman Disney Studios Content

Alan Bergman has been named Chairman, Disney Studios Content, and Alan Horn will continue to serve as the division’s Chief Creative Officer, effective January 1, 2021, as announced today by Bob Chapek, Chief Executive Officer, The Walt Disney Company. Both will report to Chapek. Horn and Bergman have jointly led the Studios group as Co-Chairmen since May 2019. … Continue reading “Bergman named Chairman Disney Studios Content”

Disney announces plans for 2021 and beyond

On Thursday December 10, 2020, The Walt Disney Company hosted their webcast for Their Investor Day. Bob Chapek, Chief Executive Officer, The Walt Disney Company, and Bob Iger, Executive Chairman and Chairman of the Board, led the virtual event, which included presentations from leaders of the company’s content and distribution teams, along with financial updates … Continue reading “Disney announces plans for 2021 and beyond”

Disney restructures, pivots toward Disney+, ESPN+, Hulu

In light of the tremendous success achieved to date in the Company’s direct-to-consumer business and to further accelerate its DTC strategy, The Walt Disney Company has announced a strategic reorganization of its media and entertainment businesses. Under the new structure, Disney’s creative engines will focus on developing and producing original content for the Company’s streaming … Continue reading “Disney restructures, pivots toward Disney+, ESPN+, Hulu”

‘Mulan’ is coming to Disney+ and the French are pissed

The Walt Disney Company held it’s 3Q earnings call yesterday, and the fate of Mulan was discussed. After a series of delays caused by the COVID-19 pandemic, the live-action adaptation of the animated classic is coming to Disney+ on September 4th. For $29.99 Wait. You say you already subscribe to Disney+. Why isn’t it free? Unlike other … Continue reading “‘Mulan’ is coming to Disney+ and the French are pissed”

Disney remembers their “icon” Regis Philbin

Disney Legend Regis Philbin passed away from natural causes on Friday, July 24, his family shared. The Emmy Award-winning morning show host, who was also beloved for hosting ABC’s Who Wants to Be a Millionaire, was just one month shy of his 89th birthday. Television talk show host, game show superstar, singer, author, actor, red carpet bon … Continue reading “Disney remembers their “icon” Regis Philbin”

Brands react after a weekend of Floyd protests

As America raged this past weekend, making it loud and clear that it has had enough of police brutality targeted at Black people, major brands, networks and ad agencies took to social media to make their stand against systematic racism which is rampant in the United States. Late Friday night, we reported that Nike was … Continue reading “Brands react after a weekend of Floyd protests”

Disney Q2 earnings fall due to COVID-19 impact on parks

It’s like Thanos taking Disney’s wallet and snapping his fingers. The Walt Disney Company reported earnings for its second fiscal quarter ended March 28, 2020. Diluted earnings per share (EPS) from continuing operations for the quarter decreased 93% to $0.26 from $3.53 in the prior-year quarter. Excluding certain items affecting comparability(1), diluted EPS for the … Continue reading “Disney Q2 earnings fall due to COVID-19 impact on parks”