The Walt Disney Company announced restructuring of the company’s business departments, effective today. The business operations will now be divided into four main parts: Parks, Experiences and Consumer Services; Direct-to-Consumer and International; Studio Entertainment; and Media Networks. Here is the full press release: BURBANK, Calif., March 14, 2018—To capitalize on today’s
Tag: Bob Iger
ESPN Announces Names New President, Co-Chair Disney Media Networks
As we reported towards the end of last year, the President of ESPN and Co-Chair of Disney Media Networks, John Skipper, stepped down. Skipper cited substance addiction issues as the reason for leaving his position. As of this week, James Pitaro was named at the new President of ESPN and Co-Chair
Walt Disney World Could See Another Ticket Price Increase This Year
Walt Disney World just recently increased the price of single day tickets on February 11 and for tickets with packages on February 21. Per Walt Disney Company’s CEO and President, Bob Iger, another increase could be coming at the end of the year as well. If you have recently purchased
Disney’s First Quarter Reports
The Walt Disney Company has reported its quarterly earnings for their first fiscal quarter ending December 30, 2017. The Walt Disney Company Chairman and CEO, Robert A. Iger said, “The strategic investments we’ve made have driven meaningful growth over the long term, and we remain confident in our ability to
125,000 Disney Employees to Receive $1000 Cash Bonus
Bob Iger, the Chairman and Chief Executive Officer at The Walt Disney Company announced today that more than 125,000 employees will receive a one-time cash bonus of $1000. In addition, the Company will be investing $50 million in new and ongoing education programs designed to cover tuition costs for
Disney Chairman and CEO Saw a 17% Decrease in His Compensation Last Year
Chairman and CEO of the Walt Disney Company, Bob Iger, saw a 17% drop in his compensation during the fiscal year that ended September 2017 compared to the previous year. That 17% left him with a $36.3 million salary for the year. While Iger’s base salary and stock awards remained
ESPN President and Co-Chairman of Disney Media Networks Steps Down
John Skipper, ESPN President and Co-Chairman of Disney Media Networks has stepped down. Skipper cited substance addiction issues behind the reason of his decision in the following statement sent out to employees yesterday: “I have struggled for many years with a substance addiction. I have decided that the most important
A Contract Extension Keep Bob Iger at the Company Helm Until 2021
Along with the news of the Disney-Fox deal that come out last week, Disney has also announced that they have extended the contract of Bob Iger,Chairman and Chief Executive, through 2021. The extension was not a total surprise. It was expected as a way to give the company stability though the integration
Bob Iger Could Be Extending His Contract To Oversee Potential Disney/Fox Merger
CNBC is reporting that if the Disney merger with Twenty-First Century Fox corporation comes to fruition then Disney CEO Bob Iger is likely to remain with the company to make sure the merger is completed in a seamless manner. The possible merger was reported last week with the companies now close
Will Bob Iger’s Successor Be the Current Chairman of Disney Parks & Resorts?
Once Bob Iger announced that he would be stepping down as CEO of Disney rumors started to swirl on who his replacement would be. Today, internet reports are indicating current Chairman of Disney Parks & Resorts, Bob Chapek, has emerged as the front-runner for the position. Chapek has been with the
Bob Iger Announces He Will Step Down From Role as Walt Disney Company CEO in Mid 2019
The Disney rumor mill has been abuzz for a while now that there would soon be a changing of the guard over at Walt Disney Company HQ and today Bob Iger, current CEO officially announced that he will step down from his role when his contract expires in mid-2019. According
Bob Iger to Participate in Q&A Session at Bank of America Merrill Lynch Conference
The Bank of America Merrill Lynch 2017 Media, Communications & Entertainment Conference will be held next Thursday, September 7th 2017. The conference will take place in Los Angeles, California. Disney’s Chairman and Chief Executive Officer, Bob Iger, will be participating in a question and answer session during the conference. The
Disney Legends Awards Ceremony Kicks Off D23 Expo 2017
Most Disney fans know that the D23 Expo 2017 is underway at the Anaheim Convention Center, in Anaheim, California. Also known as the “Ultimate Disney Fan Event” this celebration runs until Sunday July 16th and showcases all the worlds of Disney, allowing fans to experience The Walt Disney Company’s world-class storytelling
Walt Disney Co. Ranks High in Survey of Most Admired Companies
According to a piece in the Orlando Sentinel, Walt Disney Company ranks right among companies like Google, Apple, Microsoft and Amazon as one of the most-admired employers. According to data compiled by Morning Consult, a polling, research and media company, Disney falls slightly behind Google on a best overall list
