Bob Iger

Walt Disney Co. (NYSE:DIS) announced this week it was scrapping plans to build a billion-dollar office complex in Florida, citing considerable changes since the announcement of the project, including new leadership and changing business conditions. The development assumes importance because of the...

Shares of Walt Disney (NYSE: DIS) are trading at one of their lowest valuations since 2016 (excluding COVID-19 adverse effects) after a two-year downtrend that started on March 2021; CEO Bob Iger is looking to turn things around and revive the stock price into new highs. The Disney chart...

Each week, Benzinga Buzz compiles the latest entertainment news into a cohesive column for your consideration. Read on for the latest updates — both useful and irreverent. For Sale: Nazi Shoes, Never Worn. Adidas (OTC: ADDDF) (OTC: ADDYY) got stuck with more than $1.3 billion worth of Yeezy...

Walt Disney Co. (NYSE:DIS) CEO Bob Iger said Wednesday, the same day the company released its second-quarter earnings, that Florida politicians were retaliating against the company. What Happened: Iger pointed out at the company's earnings call that Disney employs more than 75,000 people and...

Media giant The Walt Disney Company (NYSE: DIS) reported second-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Disney reported second-quarter revenue of $21.82 billion, which was up 13% year-over-year. The revenue total beat a Street...

Media giant The Walt Disney Company (NYSE: DIS) is set to report second-quarter financial results after market close Wednesday. Here's an overview of analyst expectations, key factors they're monitoring, and additional aspects for investors to keep an eye on. Earnings Estimates: Analysts...

Luke Skywalker, Darth Vader, Boba Fett, and Yoda are all iconic characters that have captivated audiences through film and television. The acquisition of Lucasfilm, the parent company of the Star Wars franchise, is regarded as a pivotal strategic move for The Walt Disney Company (NYSE: DIS). Let...

The annual White House Correspondents’ Dinner takes place Saturday night and will feature a list of media personalities and celebrities alongside the president, first lady, vice president and second gentleman. Here are the key details. The Event: The annual White House Correspondents’...

The Walt Disney Company (NYSE: DIS) is no stranger to layoffs, and the latest round of cuts is expected to impact each facet of the company. The entertainment conglomerate is expected to have cut about 4,000 jobs by the end of the week, with a third round of cuts expected before summer. The cuts...

Florida governor and leading presidential candidate Ron DeSantis has battled with media giant Walt Disney Co (NYSE: DIS) over the past several years. The battle has escalated in recent months as DeSantis is looking to strike back after Disney used a clause in new bills to maintain...

Walt Disney Co. (NYSE: DIS) CEO Bob Iger hit back at Florida’s Republican Governor Ron DeSantis on Monday for apparently retaliating against the entertainment behemoth. What Happened: Iger said at the company’s annual shareholder’s meeting that though Disney may not have handled...

Walt Disney Co.’s (NYSE: DIS) streaming business has seen workforce reduction amid the company’s broader overhaul efforts to boost profitability. What Happened: Burbank, California-based Disney has eliminated 300 positions in Beijing, China, in its streaming business, the Wall Street...

Walt Disney Co. (NYSE: DIS) has pulled the plug on one of its units engaged in developing metaverse strategies, as part of its plan to reduce headcount. What Happened: Disney shuttered its metaverse business that was operating as the "storytelling and consumer experiences unit,"...

Robert Iger, who returned as CEO of Walt Disney Co (NYSE: DIS) late last year, hinted at what may lie down the road for the entertainment giant in its quest for streaming profitability. What Happened:  At Morgan Stanley’s Media and Telecom Conference in San...

Media giant Walt Disney Co. (NYSE: DIS) made a rather shocking move in November when it announced it had a new CEO to replace Bob Chapek. While Disney has a popular name leading the company now, here’s a look at who could be next in line. What Happened: In November, Disney announced...