Tag: Bob Iger

ESPN's "Flagship" app aims to become the ultimate digital sports destination, akin to a "Netflix for sports." With customizable features, AI-driven SportsCenter content, and potential licensing of competitor events, ESPN is leveraging its deep pockets and partnerships with major leagues…

Reliance Industries and Disney have merged their media assets, including Star India, Viacom18, JioCinema, and Hotstar, in an $8.5 billion deal, creating one of India’s largest entertainment entities. The joint venture combines over 100 TV channels, 30,000 annual hours of…

Skip unpacks Disney’s Q4 2024 results, highlighting substantial gains in streaming profitability, with Disney+ subscriptions reaching 122.7 million in core markets and an impressive 60% of new subscribers opting for ad-supported tiers. Disney’s studios achieved a record-breaking $4 billion in…

Disney’s CEO succession process will consider both internal and external candidates, potentially including a dual-CEO model with leaders like Josh D’Amaro and Dana Walden combining operational and creative expertise. The final decision, overseen by board member James Gorman, is expected…

Hollywood's leadership remains dominated by aging executives like Tom Rothman and Bob Iger, sparking frustration among younger professionals who see limited opportunities for advancement. Economic pressures, layoffs, and a lack of clear career paths are driving many mid-level executives to…

Disney+ has launched its password-sharing crackdown, following Netflix’s model. The "Paid Sharing" program charges $6.99/month for an extra member on the ad-supported plan and $9.99 on the ad-free plan. With upcoming price hikes, the cost for extra members will be…

Disney won nine Emmy Awards, reinforcing its content-driven strategy to boost streaming subscriptions and profitability. Hits like Shogun and The Bear support Disney's plan to raise prices for Disney+ and Hulu while bundling services to minimize churn. Despite signs of…

Disney's fiscal third-quarter earnings surpassed expectations with adjusted earnings per share of $1.39 (vs. $1.19 expected) and revenue of $23.16 billion (vs. $23.07 billion expected). The company's streaming services turned a profit earlier than anticipated, posting $47 million in operating…

Disney and Pixar's "Inside Out 2" introduces new Emotions in Riley's mind and releases on June 14, 2024. Disney's streaming services posted a $47 million quarterly profit, a significant turnaround from a $512 million loss last year. Box office hits…

Disney, Fox, and Warner Bros. Discovery have announced Venu Sports, a new live sports streaming service costing $42.99 per month. Launching in fall 2024, Venu will offer a seven-day free trial and feature live sports events from NFL, NBA, MLB,…