While Chapek's rise to the CEO spot in February of 2020 came as a surprise to many, his departure this week was even more shocking
Iger will receive a base salary of $1 mn and a bonus equal to that amount, according to a filing by the company on Monday. In addition, he'll receive stock awards with target value of $25 mn each year
The Walt Disney Company has announced that Robert A Iger (Bob Iger) is returning to head the company amid the company's plans to reduce workforce to navigate the rough global conditions
According to an internal leaked memo from Disney CEO Bob Chapek, seen by CNBC, the company is 'limiting headcount additions through a targeted hiring freeze'
This is the second time the company has pointed to a likely drop in subscribers in the future due to the absence of IPL
Filmmaker Tim Burton says his days directing movies for Hollywood studio Disney are over. The 64-year-old director, who started his career with the Mouse House as an animator straight out of college, recalled his experience of directing Disney's 2019 movie "Dumbo". The film, which was a reimagining of Walt Disney's 1941 animated feature, was a "horrible big circus", Burton told entertainment news website Deadline. "My history is that I started out there. I was hired and fired like several times throughout my career there," said the filmmaker, known for Disney blockbusters such as "The Nightmare Before Christmas", ""Alice in Wonderland" and its sequel, "Alice Through the Looking Glass". "The thing about 'Dumbo' is that's why I think my days with Disney are done: I realised that I was Dumbo, that I was working in this horrible big circus, and I needed to escape. That movie is quite autobiographical at a certain level," he added.. Featuring a star-studded cast of Colin Farrell, Micha
Once Zee and Sony are merged, the new company will compete with Disney Star and Viacom18 for a larger share of advertising revenue and more content, according to media experts
House of the Dragon, a prequel to the Game of Thrones, is the story of the Targaryen civil war which took place about 200 years before events portrayed in Game of Thrones
Viacom18 has bagged the rights for Rs 20,500 crore, while Disney-Star had retained the television rights for Rs 23,575 crore
The winning bid of $3 bn by Star-Disney was double the base price of $1.44 billion set by the ICC, while BCCI raked Rs 48,390 crore for IPL's 2023-27 cycle
House of the Dragon, the much-anticipated prequel to the show Game of Thrones, premiered on HBOMax, and DisneyPlus Hotstar across the world
Disney+Hotstar has added 8.3 million subscribers in the company's third fiscal quarter that ended on July 2, reaching 58.4 mn subscribers in India and Southeast Asia
But this horse-headed mascot is only the latest in a series of icons that have come to define the branding of global sports events
Amazon's surprise pullout leaves the field open to Ambani's Reliance, Disney and Sony Group Corp
The FIR has been registered against TamilMV, TamilBlasters, Tamilrockers, and an application (app) PikaShow TV for carrying leaked TV, OTT, and film content on their platforms
Both Amazon Chairman Jeff Bezos, the second-richest person in the world, and Ambani, No 9, want to dominate India's large - and still highly informal - retail industry
In reality, Disney and airlines rely on a shared economic premise: Getting as many butts in seats as possible
Discovery and telecommunication company AT&T announced that they have closed their transaction and combined the WarnerMedia business with Discovery, to compete with other streaming giants like Netflix and Disney.
With the Indian Premier League (IPL) cricket tournament set to kick off on Saturday, Disney Star expects to close advertising deals worth Rs 4,300 crore, including both digital and linear TV
But for Disney Star, which won the media rights for the Rs 16,347 crore of IPL from Sony in 2019, this will be the last year of the contract