Bob Iger
As Disney Outmaneuvers DeSantis, Florida Gov. Calls for Investigation Over Special District
Florida Gov. Ron DeSantis is calling for an investigation into an agreement that transferred the powers of Disney’s now-dissolved special district back to the company before the state assumed control of the board. In a letter to state chief inspector general Melinda Miguel, DeSantis says that the deal suffers “serious legal infirmities” and questions whether […]
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Disney Layoffs Hit TV Production, Acquisitions Departments
Layoffs have begun in Disney’s television divisions. Sources tell The Hollywood Reporter that Monday’s layoffs focused production and acquisitions. Among the notable staffers let go Monday are Jayne Bieber, senior vp production at Freeform/Onyx Collective; Mark Levenstein, head of production and postproduction at Hulu; and Elizabeth Newman, head of Disney’s acquisitions department. Sources note Newman’s […]
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Disney Reorg: Dana Walden, Alan Bergman Gain Streaming, International; Rebecca Campbell to Exit
Disney’s new executive leadership structure has come into focus. A day after CEO Bob Iger previewed a reorganization that returns financial decision-making back to its creative ranks, newly anointed Disney Entertainment co-chairs Alan Bergman (film) and Dana Walden (television) have detailed their respective responsibilities. The promotions expand their power significantly — they’ll now oversee streaming […]
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Nelson Peltz Abandons Disney Proxy Fight, as Bob Iger Says “Everything Is on the Table” for Hulu
Disney’s proxy battle with activist investor Nelson Peltz is over, with the investor saying Thursday morning that he is abandoning his plans to join the company’s board of directors. “This was a great win for all the shareholders. Management at Disney now plans to do everything that we wanted them to do,” Peltz said on […]
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Disney Does Not Plan to Spin Off ESPN, Bob Iger Says
Despite a newly unveiled business structure at Disney, which sees ESPN in its own division at the company, CEO Bob Iger said he has no plans to spin off the sports brand. On the company’s first-quarter earnings call, Iger said that the new structure was not designed with a spin off in mind, though he […]
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Bob Iger Outlines New Disney Org Structure, With 7,000 Job Cuts Planned
With CEO Bob Iger back at the helm, the new organizational structure of The Walt Disney Co. is taking shape, with 7,000 layoffs planned. On Wednesday, the executive outlined his plan to swiftly restructure the company, effectively dismantling the Disney Media and Entertainment Distribution group created by former CEO Bob Chapek in 2020. The new […]
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Disney Beats Expectations in Fiscal Q1, As Wall Street Looks to Bob Iger for Corporate Reset
The Walt Disney Co. beat Wall Street expectations in its fiscal first-quarter earnings report, posting stronger revenues and earnings than anticipated. And the solid quarter comes at a critical moment for Disney, which is now once again being led by CEO Bob Iger. The street expects Iger to outline a corporate strategy to bring profitability […]
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Nelson Peltz Targets Disney Director Michael Froman in Proxy Battle
Disney’s activist investor has found his target. Nelson Peltz, the Trian Management founder who is leading a proxy fight against the entertainment company, is targeting Disney board member Michael B.G. Froman in the battle. On Thursday, Peltz’s firm released a proxy form and began messaging Disney shareholders, urging them to withhold votes for Froman, and […]
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Bob Chapek’s Disney Severance Deal Valued at More Than $20M, 2022 Pay Package Was $24.2M
In what turned out to be his final full year as CEO of The Walt Disney Co., former CEO Bob Chapek earned $24.2 million in total compensation during the company’s fiscal 2022 year (ending Sept. 30), down slightly from 2021, according to Disney’s preliminary proxy filing, which it submitted on Tuesday morning. In addition, Disney […]
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Jennifer Hudson, Don Lemon, Oprah and More Remember Barbara Walters: “She Was Indeed a Trailblazer”
Oprah, Bob Iger, Alyssa Milano and Lynda Carter were among friends, journalists and Hollywood figures remembering Barbara Walters, who died Friday evening at the age of 93. The legendary broadcast journalist was the first female co-host of the Today show, the first evening news anchorwoman and a co-creator and co-host of The View. She died […]
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The Hollywood Reporter Editors’ Picks of 2022
It was an epic year in Hollywood. That’s true in terms of the actual business of entertainment, from the recalibration of streaming wars to the return of some legitimate big-screen hits (not to mention the return of Bob Iger). Just as bold was the drama and scandal surrounding the business, from the worldwide shock of […]
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THR’s 2022 Yearbook: Who Was the Industry’s Homecoming Queen? Class Clown? Cutest Couple?
It’s been said that Hollywood is like high school with money, but given the drama of the past 12 month maybe that’s a little unfair to high school. And yet, the year that brought you Slapgate and Spitgate also saw some serious accomplishments by the industry’s overachievers. In its first annual Yearbook, The Hollywood Reporter […]
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