The move was part of a company cost-cutting campaign and came after Mr. Perlmutter was part of an unsuccessful attempt to shake up Disney’s board.
Category: Walt Disney Company
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Disney Lays Off Ike Perlmutter, Chairman of Marvel Entertainment
The New York Times – Movies: -
Ryan Seacrest Is Leaving ‘Live with Kelly and Ryan’
The New York Times – Business:The Hollywood multitasker provided a steady hand at a somewhat tumultuous time for the talk show. He will be replaced by Mark Consuelos, the husband of “Live” co-host Kelly Ripa.
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A Missed $140 Million Payment Sends Sports TV Negotiations Into Overdrive
The New York Times – Sports:The owners of the regional television channels branded as Bally Sports have nearly $9 billion in debt and owe hefty rights fees to M.L.B., N.B.A. and N.H.L. teams. Now, they’re all on the clock to find a solution.
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Spirited Away to Miyazaki Land
The New York Times – Travel:What happens when the surreal imagination of the world’s greatest living animator, Hayao Miyazaki, is turned into a theme park?
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Disney Turns 100 at a Tough Moment for the Company
The New York Times – Business:The company is opening two exhibitions that will tour the globe until 2028. It comes at a moment when its formidable stature in the culture has shown a few cracks.
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The Winners and Losers from Super Bowl LVII
The New York Times – Business:There were surprises on-field and off — from Rihanna’s halftime performance to Disney’s controversial ad splash.
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DeSantis Gains Control of Tax Board Overseeing Disney World
The New York Times – Business:The Florida governor had wanted to abolish the resort’s designation as a special tax district. That would have left two counties paying for services like policing.
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The S.E.C. Charges Kraken Over Staking, Worrying Crypto Executives
The New York Times – Business:Cryptocurrency executives worry that charges against Kraken, a popular exchange, over the business known as staking would further chill their industry.
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Activist Disney Investor Declares End to Battle for Board Seat
The New York Times – Business:The move by Nelson Peltz came a day after the company’s C.E.O., Bob Iger, announced a restructuring that will cut $5.5 billion in costs and eliminate roughly 7,000 jobs.
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Bob Iger’s Turnaround Plan for Disney Takes Shape
The New York Times – Business:Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business, cut costs, and formulate a succession plan.
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Oh Much More Than Bother: This Winnie the Pooh Is Terrifying
The New York Times – Movies:When the gentle bear fell into the public domain, a horror director pounced. Glimpses of the low-budget film have enthralled and enraged fans.
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With Traditional TV in Free Fall, Disney Looks to Cut Costs
The New York Times – Business:In the company’s first earnings report since Bob Iger returned as C.E.O., it exceeded Wall Street’s expectations. But thousands of employees are expected to be laid off.