After steering NBCUniversal through a global pandemic and a roiling stock market, Jeff Shell in January thought he had some good news for investors: Better times were just around the corner. “I’m pretty confident that we have a lot of growth ahead in NBCUniversal,” he told Wall Street analysts during…
Walt Disney Co.
Disney’s U.K. subsidiary is in need of a little fairy dust. The London-based outpost for the House of Mouse – The Walt Disney Company Limited – has posted a loss of almost $300 million for the financial year ending Oct. 2, 2021. The number is a significant drop on the…
The newest edgy FX drama doesn’t rely on biker gangs, rogue cops, rural-country drug lords or a man left alone in a world filled with women. Instead, it will focus on football players. A gridiron game might not normally qualify for association with series like “Sons of Anarchy,” “The Shield,”…
Christina Spade, who became chief executive of AMC Networks less than three months ago, has abruptly stepped down from the job. “We thank Christina for her contributions to the company in her CEO role and her earlier CFO role, and we wish her well in her future endeavors,” said James…
The shakeup inside the Walt Disney Co. continues, following the return of CEO Bob Iger less than a week ago. The next exec to exit is Arthur Bochner, Variety has confirmed via a source familiar with the exec. As first reported by Puck News, Bochner’s exit is probably not much…
It’s not just executives, filmmakers and talent agents doing cartwheels over the news that Robert Iger has returned to The Walt Disney Co. as CEO. A formidable sect of diehard Mickey Mouse fans — known casually on the internet as “Disney Adults” — have been sharing emotional messages of abject…
UPDATED with Bob Iger’s full memo: Bob Iger has replaced Bob Chapek as Disney’s CEO, a shocking turn of events for the world’s largest media company that has been in turmoil ever since Iger stepped down as CEO in February 2020. The shakeup that caught the entertainment industry and Wall…
Walt Disney Co, said continued heavy investment in its streaming business held its profit-making ability in check during its fiscal fourth quarter, part of the media giant’s ongoing effort to reshape its operations for a world increasingly dominated by broadband-delivered media. The Burbank, CA owner of the ABC television network,…
Walt Disney Co. wants to keep auto racing on track. The company’s ESPN has extended its current rights deal with Formula 1 racing, a pact sports agents have suggested has become surprisingly lucrative for an agreement not tied to football or basketball. The new contract will keep F1 races on…