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The Latest Breaking News from Bob Chapek

Stock Market Red To Start The Week; Disney Sees Hope; Tesla Hits New Low

The stock market is down slightly to start a shortened trading week. Disney long-time CEO Bob Iger returns to salvage Disney. Crypto exchange stock plunges.

Investors Business Daily

In Hollywood stunner, Robert Iger returns to head Disney as Bob Chapek exits

LOS ANGELES — In a blockbuster development, Walt Disney Co.'s longtime chief Robert Iger is returning to lead the Burbank-based entertainment giant.

Los Angeles Times

Returning Disney CEO Bob Iger announces plans for sweeping overhaul

LOS ANGELES — Walt Disney Co.'s returning chief executive, Bob Iger, wasted no time putting his stamp on the company, announcing plans for a major overhaul of the Burbank entertainment giant.

Los Angeles Times

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Bob Iger: Disney’s Mr Fixit returns as it faces big challenges

Chief executive brought in Marvel, Star Wars and Fox – but he may now face job losses and cost cuts

The Guardian - UK

Disney Stock Jumps With Return Of Bob Iger

Disney stock leapt premarket Monday after the Dow Jones giant announced Bob Iger is returning as CEO to replace current chief Bob Chapek

Investors Business Daily

Why did Disney replace CEO Bob Chapek?

Chapek's tenure as CEO came with public missteps, poor earnings, and a fight over Florida's "Don't Say Gay" law.

Fortune

Disney's big succession fail: The return of Bob Iger

Iger's return comes as the CEO he chose to replace him faces investors' wrath over streaming losses.

Axios

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Former Disney CEO Bob Iger reappointed to role in surprise decision

Move described as ‘probably the most significant piece of corporate upheaval since Steve Jobs went back to Apple’

The Guardian - UK

Bob Iger Returning to Disney as CEO for Two Years

Former Walt Disney Co Chief Executive Bob Iger is returning to the media company as CEO less than a year after he retired, a surprise appointment that comes as the entertainment company struggles to turn its streaming TV services into a profitable business. Iger, who retired last year after 15…

Asharq Al-Awsat

Disney announces ex-CEO Bob Iger will return for 2 years

The Walt Disney Company announced late Sunday that former CEO Bob Iger would return to head the company for two years in a move that surprised the entertainment industry.

WEKU

Disney announces ex-CEO Bob Iger to return for 2 years

The Walt Disney Company announced late Sunday that former CEO Bob Iger would return to head the company for two years in a surprise move

The Independent UK

Disney replaces CEO Chapek with predecessor Bob Iger effective immediately

Iger just stepped down as executive chairman 11 months ago after four decades with Disney and 15 years as CEO.

Fortune

Bob Iger back as Disney CEO, Chapek steps down

His successor, Bob Chapek was given a multi-year contract extension earlier this year

Axios

Disney World increases price of park tickets, annual passes

Disney World on Tuesday revealed increases in theme-park ticket prices and said for the first time it will charge extra for one-day tickets based on which park a customer reserves.

Orlando Sentinel

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Orlando Sentinel

Will Disney layoffs, hiring freeze affect Disney World?

Layoffs and a hiring freeze are coming within the Walt Disney Co. soon, according to a memo from Disney CEO Bob Chapek, but it is unclear if Walt Disney World will be affected by the cutbacks.

Zenger

Disney+ Hits 164.2 Million Subscribers As It Plans For Price Hike

Media giant The Walt Disney Company reported fourth-quarter and full-year financial results after market closed on Tuesday

Fortune

Disney is still on track for streaming profitability—but a storybook ending isn’t guaranteed

The worsening economy and sky-high losses add to concerns about Disney’s ability to make money off streaming.

Orlando Sentinel

Disney’s park earnings set a record, even after $65 million Ian loss

ORLANDO, Fla. — Disney’s theme parks division generated $7.4 billion in revenue last quarter, despite Hurricane Ian’s path near Disney World in late September costing the company $65 million, executives said Tuesday.

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Los Angeles Times

Disney+ keeps growing fast. But streaming loses $1.5 billion

LOS ANGELES — Disney+ is still growing fast as the streaming service takes the Walt Disney Co. into the future of entertainment. But the effort to stay dominant in the age of Netflix is costing the Burbank giant in a big way.

Benzinga

Disney Q4 Earnings Highlights: Revenue And EPS Miss, Disney+ Hits 164.2 Million Subscribers And More

Media giant The Walt Disney Company (NYSE: DIS) reported fourth-quarter and full-year financial results after market close Tuesday. Here are the key highlights.

Benzinga

Elon Musk & Philippine Billionaire Come Together For Satellite Internet Service In Southeast Asia, Disney May Track Your Theme Park Preferences, Struggling Credit Suisse Reveals Business Overhaul: Top Stories Thursday, Oct. 27

Benzinga

Orlando Sentinel

Disney’s ‘blue sky’ ideas keep fans guessing on parks’ plans

Sometime in the next decade, Disney World visitors could venture into Maleficent’s castle or sit down for a meal in the village of Santa Cecilia from Pixar’s 2017 film “Coco” — but Disney could also scrap plans long before the first guest sets foot inside.

The Orange County Register

Disneyland plans Avengers Campus expansion with new E-ticket attraction

A first-of-its-kind Quinjet E-ticket attraction put on hold by pandemic-related financial constraints is back on track as the Disneyland resort announces plans for the second phase of the new Marvel-themed land.

Benzinga

Disney's ESPN, DraftKings And Others Get An Apple App Store Boost From NFL Opening Weekend

More than 121 million people viewed at least part of the NFL's opening weekend slate of games, but ratings weren't the only thing getting a boost when the 2022 season officially kicked off. Several mobile applications saw increased usage and download volume over the weekend. Here's what you need to know:

Benzinga

ESPN Sports-Betting App Coming Soon? Joe Terranova Buys Disney Stock After CEO Identifies New 'Growth Engine'

After Walt Disney Co (NYSE: DIS) CEO Bob Chapek swatted investor calls for an ESPN spinoff over the weekend and noted that plans are in place for the future of the sports network, one investor jumped in and bought shares of the media giant.

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