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The Latest Breaking News from Bob Iger

NWSL’s Angel City sold for record-breaking $250m to Disney CEO Bob Iger

The sale more than doubles the previous record for an NWSL club and makes Angel City the highest-valued women’s franchise in history

The Guardian - US

Why Is WBD Paying $8.5 Billion For a Physical Studio ... While It's $38 Billion in Debt and AI Production Is Dawning?

Also in this week's 'Next Text,' we break down Kamala Harris' Bigger DNC crowd sizes, and we look at how the Venu Sports guys really messed up

Broadcasting & Cable

Disney names Gorman to chair its succession planning committee

The Walt Disney Co. has tapped James Gorman to lead its succession planning committee as the entertainment company continues to work toward finding someone to take over the helm from Bob Iger

The Independent UK

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Disney Appoints Morgan Stanley's James Gorman To Lead CEO Succession Planning

The company announced the decision on Wednesday as a major step in its leadership transition strategy.

International Business Times

Disney Names James Gorman Head of Succession Committee

Executive oversaw selection of new CEO at Morgan Stanley

Broadcasting & Cable

Disney Stock Forecast: Is the Worst Over for DIS in 2024?

With a YTD loss of over 5%, Disney is among the worst-performing Dow stocks in 2024. Here's the forecast for DIS stock, and a look at whether the worst is over for the entertainment giant.

Barchart

I Went To D23 — And Learned the Dark Secret Behind Disney

Disney’s “ultimate fan event” glorified all the worst parts of the brand. Here's why D23 is so weird, even if you love Disney movies and shows.

Inverse

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‘How Disney adults recharge their magic’: inside Disney’s epic – and expensive – superfan event

Tens of thousands descend for the D23 conference – will familiar faces and bigger parks maintain their loyalty?

The Guardian - US

Disney Plus' password-sharing ban to begin in September

The American streaming service is doing a Netflix by stopping people outside a ‘household’ from sharing an account

Evening Standard

After announcing price hikes, Disney Plus confirms password-sharing crackdown to begin next month

It’s finally happening

Total Film

Disney Plus to crack down on password sharing beginning in September according to Disney CEO Bob Iger

Disney is about to crack down on Disney Plus password sharing starting in September according to CEO Bob Iger.

iMore

Disney Plus’ password sharing crackdown starts 'in earnest' next month — what you need to know

Disney Plus's password sharing crackdown could actually start next month — here's what we know.

Tom’s Guide

The Disney Plus password crackdown is coming in September, and I'm fed up of streaming services taking me for a ride

As Disney announces when its password sharing crackdown will begin in the near future, it's time we re-evaluate our relationships with streaming platforms.

TechRadar

Boeing waves its mandatory retirement age for new CEO Kelly Ortberg

Ortberg joins Disney’s Bob Iger, Target's Brian Cornell, and other CEOs in skirting company retirement rules to get the top job.

Fortune

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Broadcasting & Cable

Why It’s ‘Stupid’ for David Zaslav to Chase an NBA Package So Specifically Designed for Amazon

Also in this week’s ‘Next Text,’ we ponder Pete Rose’s next sports bet, the irresistible proposition of fixed wireless ... and a bleak but terrifyingly possible future in which we don’t get to vote anymore

The Independent UK

Ex-Marvel boss sells entire stake in Disney after losing board fight

Perlmutter was laid off in 2023 despite remaining Marvel CEO during Disney takeover

TechRadar

I got a sneak peek of Deadpool & Wolverine – and you'll need to run, not walk to theaters to watch this Marvel mayhem

I watched the first 35-minutes of Deadpool & Wolverine – and if you haven't already, you must book a ticket to watch it in theaters.

Barchart

2 Turnaround Stocks to Buy This July Amid Shaky Markets

While 'turnaround' is a much-abused word in the corporate world, Disney and Intel look like two turnaround stocks that can reward long-term and patient investors.

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Sports Illustrated

Angel City FC Becomes Most Valuable Women’s Sports Team After Landmark Deal

The L.A.-based NWSL team is now valued at $250 million.

Barchart

Will Disney Stock Recover and Go Back Up in 2024 as the Dow Scales Record Highs?

While the Dow Jones Industrial Average has soared to record highs, Disney is still considerably below its all-time highs. Can the entertainment giant recover and go back up?

Fortune

Elon Musk says Star Wars has become too woke

It’s the latest skirmish in his long-running feud with Disney.

Barchart

Should Warren Buffett Buy This High-Moat Value Stock and Undo His 'Mistake'?

In the past, Warren Buffett has admitted that he made a mistake by selling Disney stock. Should the 'Oracle of Omaha' buy DIS stock and undo his mistake?

Fortune

A Disney creative director is suing the company for forcing him to sell his childhood home and move to Florida—then move back into a smaller house

The allegations against Disney include intentional misrepresentation, concealment, negligent misrepresentation and solicitation of employee by misrepresentation.

Fortune

Meet Gerry Cardinale, the investor behind Skydance Media’s bid for Paramount

The RedBird Capital CEO honed his approach to IP at Goldman Sachs by building untraditional IP portfolio and via friend Bob Iger, CEO of Disney.

Fortune

Bob Iger schooled him on Disney's grand theory of IP. Now Gerry Cardinale is backing Skydance Media's $8 billion bid for Paramount Global

Cardinale's RedBird Capital Partners is an "IP monetization engine" that has partnered with celebrities from LeBron James to Ben Affleck. “I think he's focused on world domination,” says one collaborator.

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