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Search resuls for: "Bob Iger —"


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Trying to maintain a career in Hollywood was "not something that was feasible for me to continue," this person told Insider. Insider spoke with eight current and former assistants at Hollywood companies, plus a former creative executive at a midsize film studio. Many hopefuls can't find jobs in an industry that's been wracked with head count reductions and budget cuts. Netflix's website lists just one open assistant job — a role in a non-creative vertical. At Paramount, which cut 25% of staff from its US cable networks earlier this year, there appear to be no open executive assistant jobs in entertainment capacities .
Persons: , strivers, that's, David Heger, Edward Jones, Heger, Bob Iger —, there's, WBD, they've, they'd, I'm, Reed Alexander Organizations: Hollywood, Netflix, Paramount Global, Disney, Warner Bros . Discovery, Paramount, Media, Writers Guild of America, Challenger, Warner Bros, Discovery, Entertainment Locations: Hollywood, Los Angeles and New York
Hulu As part of Disney's future streaming business, Hulu is expected to be a strategic asset. "I don't think that Bob's going to get out of paying very little for Hulu," Jim said, which could lead to further pressure on the entertainment giant's balance sheet. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. Disney CEO Bob Iger speaking with CNBC's David Faber at the Allen&Co.
Persons: Walt Disney, Bob Iger's, , Jim Cramer, Bob, Jim, Bob Iger —, Iger, Bob Chapek, ESPN Iger, Ron DeSantis, DeSantis, Iger's, Jim Cramer's, Bob Iger, CNBC's David Faber, David A Organizations: Disney, CNBC, Sun, ESPN, Apple, Apple Vision, Hulu, Comcast, Parks, Flordia, Netflix, Disney Entertainment, Allen, Grogan Locations: Idaho, Wells Fargo, Hulu, Florida, Sun Valley , Idaho
Disney CEO Bob Iger predicts that ESPN will "one day" shift to a streaming-only model. They include Disney Entertainment, which consists of the movie studios and streaming platforms; parks, experiences, and products; and ESPN, which encompasses both the linear ESPN network, and the ESPN+ streamer. "A so-called over-the-top model — a streaming model — it would be a phenomenal product for the sports fan," he added. When asked directly if ESPN will one day largely be a streaming service, Iger said that "there's an inevitability to it." "It created a huge divide between the creative side of the company — the content engines, movies and television — and the monetization and distribution side of the company," Iger said on Thursday.
Disney stock is down 45% this year and on track for its worst annual performance since 1974. The shares have been hit by pandemic disruptions, management issues, and the wider market downturn. The painful selloff has erased about $200 billion from Disney's market capitalization since March 2021. Yet investors have balked at the streaming service's rising costs, which fueled a hefty $1.5 billion operating loss in Disney's streaming division last quarter. Disney stock has also been caught up in a wider market downturn.
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