By Gary Symons TLL Editor in Chief Disney and CEO Bob Iger emerged as the clear winners in a proxy fight with activist investor Nelson Peltz. The annual general meeting saw shareholders standing solidly behind Disney, its CEO and current board of directors. They voted to elect Disney's full slate of 12 nominees, including Iger. The vote has not yet been released, but a … [Read more...] about Disney’s Bob Iger Victorious in Bitter Boardroom Battle
Bob Iger
Analysis: How Disney’s Deal With Epic Games Will Transform the Metaverse
By Gary Symons TLL Editor in Chief The Walt Disney Company and Epic Games have entered into an historic deal that will transform and accelerate the development of the metaverse. As part of a deal that will undoubtedly have competitors shaking in their boots, Disney has also invested $1.5 billion to acquire a sizeable equity stake in Epic Games. Much of the attention being … [Read more...] about Analysis: How Disney’s Deal With Epic Games Will Transform the Metaverse
Feature: Iger Promises Major Change as Disney Contract Extended
By Gary Symons TLL Editor in Chief The Walt Disney Company has extended CEO Bob Iger’s contract by two years, to the end of 2026. The 72-year-old Iger originally said he would only come back to the role for a maximum of two years. However, Iger has said there are issues to deal with at Disney that will take longer to address. “I think what I’m saying is it’s time,” … [Read more...] about Feature: Iger Promises Major Change as Disney Contract Extended
Mickey Mouse Shows His Fangs as Disney Gets Tough With Opponents
By Gary Symons TLL Editor in Chief The Walt Disney Company is playing hardball, as it deals with financial and political threats from opponents internally and externally. The entertainment giant known for its lovable characters has put on its “angry eyes”—to quote the immortal line from Toy Story’s Mrs. Potato Head—as it hits back against Florida Governor Ron DeSantis, … [Read more...] about Mickey Mouse Shows His Fangs as Disney Gets Tough With Opponents
Disney is Restructuring and Laying Off Staff: Six Takeaways From the Earnings Call
By Gary Symons TLL Editor in Chief Disney is the world's largest studio and the largest entertainment licensor, so what happens at Disney affects everyone in the licensing industry. News the Magic Kingdom has announced 7,000 layoffs and a major restructuring of the entire company is cause for concern ... but there's good news in the latest earnings call as … [Read more...] about Disney is Restructuring and Laying Off Staff: Six Takeaways From the Earnings Call
Bob Iger Returns as CEO in Major Disney Shakeup
By Gary Symons TLL Editor in Chief After a rough two years for the Walt Disney Company, Robert Iger has been reappointed as the company's CEO. Iger will replace Bob Chapek, who has stepped down from the position of CEO. Iger spent more than 40 years at Disney and also ran the company as CEO during 15 of its most successful years, overseeing massive growth that made … [Read more...] about Bob Iger Returns as CEO in Major Disney Shakeup