Bob Iger Tweaks Disney’s Strategy on Streaming
The C.E.O. of the media giant has shifted focus to making more money from subscribers after losing billions in a bid to build scale.
Posted inAmusement and Theme Parks Company Reports Disney Plus Disney, Walt, World (Lake Buena Vista, Fla) Iger, Robert A Video Recordings, Downloads and Streaming Walt Disney Company
For Disney, Streaming Losses and TV’s Decline Are a One-Two Punch
The company has lost more than $11 billion on streaming since 2019 and experienced a sharp decline in its traditional TV business for the second straight quarter.
Posted inCable Television ESPN Iger, Robert A Mayer, Kevin A Pitaro, James A Prices (Fares, Fees and Rates) Staggs, Thomas O Television Walt Disney Company
How ESPN Went From Disney’s Financial Engine to Its Problem
The sports juggernaut continues to earn billions of dollars for Disney, but profits are down and opportunities for growth have dwindled.
Posted inBox Office Sales Iger, Robert A Mayer, Kevin A Peltz, Nelson Staggs, Thomas O Video Recordings, Downloads and Streaming Walt Disney Company
Disney’s Iger Hires 2 Former Heirs Apparent for Advice
Robert Iger has reportedly brought in two former heirs apparent, Kevin Mayer and Thomas Staggs, for advice, renewing focus on succession at the media giant.