The Latest Breaking News on Bob Iger Said 'Quantity' Over 'Quality' Is To Blame For Marvel's Box Office Troubles. But It's Worth Noting It Was His Idea In The First Place

Speculation has persisted that the 72-year-old returned to sell the Mouse House to Apple, a rumor he himself helped nourish four years ago.

'This decision would have been made regardless,' claimed the returning CEO of Disney, who clashed with the frugal billionaire before.

The returning CEO also said that for those who remained at the company there would be “challenges ahead.”

CEO Bob Iger cites ‘difficult reality’

Walt Disney Co. Chief Executive Bob Iger acknowledges his company goofed on some of its pricing strategies.

Media and entertainment giant Walt Disney (DIS) reported fiscal 2023 first-quarter financial results, beating on the top and bottom lines. However, amid the high cost of streaming, eroding consumers’ discretionary spending, and other macroeconomic challenges, the company’s near-term prospects look bleak. Let’s find out if investors should buy or sell…

Amid a sudden change at the helm and challenged by losses in its streaming business, Disney (DIS) has a lot of near-term uncertainties to deal with. Let’s discuss why the stock might be best avoided now. Read on….

Iger recently returned to the helm of the entertainment giant.

Activist investor Nelson Peltz is calling off a proxy fight with Disney one day after newly returned CEO Bob Iger announced a major restructuring of the company that includes thousands of job cuts