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Read previewSophie Turner has confirmed the hunches of Swifties everywhere, praising Taylor Swift as a "hero" with a "heart of gold." In an interview with British Vogue published Wednesday, Turner discussed her nascent friendship with Swift. Gotham/GC ImagesSwift and Turner have known each other for years, though according to British Vogue, Turner "hadn't felt she was able to cultivate the friendship" — presumably because Swift dated Jonas as a teenager. "It was really surreal, like a fever dream," Turner told British Vogue. You are a good mum and you've never been a partier,'" Turner told British Vogue.
Persons: , Sophie Turner, Taylor Swift, Turner, Swift, Joe Jonas, Taylor, I've, hadn't, Jonas, bander, Willa, Delphine, you've, it's, I'm Organizations: Service, Vogue, Business, British Vogue, TMZ Locations: New York City, British
Lunden and Olivia told me their mission as influencers was to "represent and inspire others to be their authentic self." Advertisement"I did feel represented by them," Asia said, but the tweets "showed me that they are still white women." "We are especially confident in our sexuality and the way that we feel and who we are," Olivia told me. Lunden and Olivia told me they want to advocate for all LGBTQ+ people, including those who don't look like them. It's a chance, the couple told me, to combat the hate and negativity LGBTQ+ parents face.
Persons: Lunden Stallings, Olivia Bennett, Monique Lhuillier, Lunden, Taylor Swift, Stallings, David Yurman, preppy, Olivia, TikTok, Kendrick Brinson, who's, you've, Madison Mathews, sunnies, peck, they'd, Brooklynites, Remington, Zeta Tau, Olivia DMed Lunden —, Justin Bieber, snapbacks, haven't, Lunden's, Ellie Goulding's, Olivia couldn't, Caroline Bayne, Lunden's TikTok, Zara, Mercedes, Sophie, It's, Jackie J, Jackie, There's, Bud Light, Dylan Mulvaney, influencers, They've, KenzKustomz, Krysten Stein, Black influencers, Stein, Hill, millennials Organizations: Naylor, People, Business, Alabama, Chevrolet, New York Post, Daily Mail, Madison, University of Central, Jacksonville State University, Zeta Tau Alpha, University of Alabama's, University, Minnesota, BI, Braves, Rover, Pride, Nielsen, Saks, University of Illinois Locations: Roswell , Georgia, Asia, Olivia, Charleston, LoveShackFancy, Powder Springs , Georgia, Atlanta, Blytheville , Arkansas, University of Central Arkansas, Alabama, Roswell, Austin, RushTok, Alpharetta, Charleston , South Carolina, Southern, Publix, Fayetteville , Arkansas, University of Illinois Chicago
Remarketing to customers who have previously engaged with your brand can lead to new purchases. Insider talked with the Glassers and Karasin to learn about remarketing strategies for small businesses on a budget. The Glassers agreed that showing new aspects of their brand to customers is an effective strategy when remarketing. "If you're wanting to start running remarketing ads, have a few different types of content and a few different kinds of audiences and see what's working and what's not," she said. To monitor ad performance effectively, Karasin suggested that nontechnical business owners get support in setting up their pixels and attribution tracking.
Persons: remarket, SBOs, , Lindsey, Courtney Glasser, Lindsay Glasser, Lindsey Glasser, Grey, Joe Karasin, Karasin, it's, what's Organizations: Small, Service, PPC, YouTube Locations: remarketing
Iger told Chapek that he lived for those "two-shower days," according to people familiar with the conversation. In January 2020, Iger told Chapek the plan was back on. During his 27 years at the company, Chapek had only attended one annual meeting — as a guest in the audience. Bob Iger, Disney CEO, during a CNBC interview, Feb. 9, 2023. WATCH: Disney CEO Bob Iger's exclusive July 2023 CNBC interviewTake the 'A'During Chapek's tenure as CEO, Disney lost more than a quarter of its market value.
Persons: Elham, Bob Iger, Bob Chapek, Iger, wasn't, Chapek, Michael Eisner, , who's, he's, Clint Eastwood, Eastwood, Arthur Bochner, Jackie Hart, Kareem Daniel, Chapek —, Eisner, Michael Ovitz, Ovitz, Bob, Disney's, Kevin Mayer, Mayer, Bryan van der Beek, he'd, Tom Staggs, Staggs, Staggs —, Steve Jobs, cajoled Ike Perlmutter, George Lucas, Rupert Murdoch, Iger's, Susan Arnold, Arnold, Peter Rice, David Paul Morris, Rice, CNBC's Julia Boorstin, Mark Parker, Mary Barra, Michael Froman, Willow, Parker, John Donahoe, Roy Disney, Walt Disney, Stanley Gold, David A, CNBC Eisner, Big Bob, Little Bob, Christine McCarthy, Patrick T, He'd, McCarthy, Iger —, Coronavirus, Gavin Newsom, Michael Kovac, curtly, Nancy Pelosi, Chuck Schumer, Ben Smith, Smith, Disney, Randy Shropshire, Agnes Chu, Ricky Strauss, Chu, Strauss, Kevin Feige, Kathleen Kennedy, Who's, Alan Bergman, Bergman, Bob Kyncl, Daniel —, Iger didn't, Daniel rankled, Daniel, Chapek didn't, James Pitaro, Jesse Grant, CNBC Chapek, Jimmy Pitaro, Zenia Mucha, didn't, Mucha, Barbara Walters, Charles Eshelman, Scarlett Johansson, Scarlett Johansson —, Florence Pugh, Natasha, Yelena, " Johansson, Bryan Lourd, Johansson, Lourd, Steven Spielberg, Al Michaels, David Muir, Robin Roberts, Michael Strahan, Spielberg, Geoff Morrell, Alan Braverman, Alan Horn, Jayne Parker, Bochner, Claire Lee, Paul Richardson, Josh D'Amaro, Ron DeSantis, Morrell, Disney Animation —, George Floyd, Reba Saldanha, Reuters Chapek, DeSantis, Nicholas Maldonado, Octavio Jones, Chapek she'd, we're, " Morrell, CNN's Chris Wallace, Kristina Schake, John Skipper, Daniel steamrolled, Latondra Newton, Newton, Charles Krupa, Pitaro, NBCUniversal's Peacock, Dana Walden, Thomas Murphy, Josh Kushner, Privately, Schake, Barack Obama, Michelle Obama, Michelle Obama's, David Dee Delgado, Kara Swisher, hadn't, Netflix's, overhiring, McCarthy hadn't, Safra Catz, Kareem, DMED, Horacio Gutierrez, Justin Warbrooke, Alexia Quadrani, Bryan Castellani, Michael Buckner, Quadrani, Lindsay Lohan, Winnie, Nelson Peltz, Catz, Donald Trump's, they'd, Walden, Gutierrez, D'Amaro, Rich Polk, Walden he'd, Iger she'd, Mickey Mouse, Mark Rightmire, haven't, Indiana Jones, Halle Bailey, Ariel, Hamilton Faber, Rich Greenfield, Bob Iger's, — Mayer, McCarthy —, doesn't, they'll Organizations: Disney, Marvel, CNBC, Bloomberg, Getty, Walt Disney, Indiana University, Michigan State University, Shanghai Disney, Man, Hong Kong Disneyland, Walt Disney Parks, Resorts, Pixar, Fox, Chapek, Nike, General, Mastercard, Foreign Relations, University of Pennsylvania, Grogan, Disney's, Fallon, ABC, ESPN, ABC News, California Gov, New York Times, Disney confidants, Hollywood, Marvel Studios, Lucasfilm, Walt Disney Television, Walt Disney Studios, Hulu, HBO Max, Walt Disney Company, YouTube, Companies, Netflix, Apple, Disney Media, Entertainment, Stanford, Rights, Junior, petulant, Filmmagic, Brunswick Group, Covid, CAA, onetime Defense Department, Century Fox, Human, Florida Gov, Republican, Disney Animation, Reuters, Human Rights, HRC, Walt Disney World, Employees, American Foundation for Equal Rights, AP, Amazon Prime, Paramount, South Pacific, Capital Cities, Dow Jones, CVS, Kingdom, Variety, Trian Partners, Charter Communications, U.S, Comcast, Charter's, MediaNews, Orange, Allen, Co, Candle Media, Advisors Locations: Burbank , California, Midwestern, Brentwood, Los Angeles, Westlake Village, Iger, Hammond , Indiana, Shanghai, China, Hong, Fox, Willow Bay, Raleigh , North Carolina, Orlando, U.S, Hulu, Iger's Brentwood, coronavirus, Brunswick, Hollywood, Hawaii, Disney's, Marvel's, Anaheim , California, Montana, Florida, Rye , New Hampshire, Chapek, Hong Kong, California, missteps, South, DMED, Burbank, New York, India, Atlantic, Sun Valley , Idaho, America
Despite a mixed fiscal third-quarter report, Wall Street analysts are positive on Disney going forward. Morgan Stanley's Benjamin Swinburne maintained an overweight rating with a $105 per share price target, or 20% upside from Wednesday's close. JPMorgan's Philip Cusick similarly reiterated an overweight rating with a $125 per share price target on Disney, which implied upside of 43%. Goldman Sachs' Brett Feldman, meanwhile, has a buy rating on Disney stock with a price target of $128 per share, or 46% upside from Wednesday's close. Citi's Jason Bazinet reiterated a buy rating on Disney stock accompanied by a $125 per share price target.
Persons: Morgan Stanley's Benjamin Swinburne, Swinburne, JPMorgan's Philip Cusick, " Cusick, Goldman Sachs, Brett Feldman, Jessica Reif Ehrlich, Bob Iger's, Ehrlich, Jason Bazinet, Disney's, Michael Bloom Organizations: Wall Street, Disney, DIS, Media, ESPN . Bank of America, ESPN Bet
Disney (DIS) reported fiscal third-quarter results after the closing bell Wednesday, and it was another mixed quarter even against low expectations. Still, there were enough pockets of optimism in the company's restructuring plan and streaming strategy to believe CEO Bob Iger's turnaround is working. Indeed, global Disney+ subscribers declined to 146.1 million from 157.8 billion, but nearly all of that was associated with Disney+ Hotstar and not Disney's core markets. Quarter over quarter, that loss of $512 million was narrower by $147 million. Thanks to the ongoing strength of Disney's international parks and cruise line business, Disney expects fourth-quarter operating margins at DPEP to exceed the prior year.
Persons: Bob Iger's, we've, Kevin Lansberry, Iger, Jim Cramer's, Jim Cramer, Jim, Bob Iger, CNBC's David Faber, David A Organizations: Disney, Refinitiv, DIS, Consumer, Hollywood, Indian Premier League cricket, Netflix, Disney Media, Entertainment, Linear Networks, ESPN, Penn Entertainment, Disney Parks, Walt Disney, Star Wars, CNBC, Allen, Grogan Locations: India, Florida, Europe, Canada, DMED, Sun Valley , Idaho
Disney's Apple Vision Pro partnership has stoked excitement and concern at the media company. AppleBut an innovation team that worked on Disney's Apple Vision Pro offering is being disbanded, with its founder and leader exiting the company as part of the cuts. Insider spoke to five current and recently exited Disney insiders about hopes and concerns regarding the Vision Pro project and the future of innovation at the company. Disney's Vision Pro partnership was its latest project. A source with knowledge of Disney's Vision Pro work said it's still ongoing and that there are other teams at Disney still working on that project.
Persons: Bob Iger, Iger, Dave Lankford, WWDC, Disney's, Dirk Van Dall, Mike White, it's, Aaron LaBerge, Jeremy Doig, Bob Chapek, DMED Organizations: Apple Vision, Insiders, Disney, DMED, Apple, Apple's Worldwide, Conference, Iger, Vision, Advanced, Netflix, Disney's, Hollywood, ESPN, Marvel, Geographic Locations: verticals
Disney's Apple Vision Pro partnership has stoked excitement and concern at the media company. "Mandalorian" footage in the Vision Pro demo. AppleBut an innovation team that worked on Disney's Apple Vision Pro offering is being disbanded, with its founder and leader exiting the company as part of the cuts. Disney's Vision Pro partnership was its latest project. A source with knowledge of Disney's Vision Pro work said it's still ongoing and that there are other teams at Disney still working on that project.
Persons: Bob Iger, Iger, Dave Lankford, WWDC, Disney's, Dirk Van Dall, Mike White, it's, Aaron LaBerge, Jeremy Doig, Bob Chapek, DMED Organizations: Apple Vision, Insiders, Disney, DMED, Apple, Apple's Worldwide, Conference, Iger, Vision, Advanced, Netflix, Disney's, Hollywood, ESPN, Marvel, Geographic Locations: verticals
Botton line We've been saying for weeks that fiscal Q2 was not the one to rush in and get in ahead of. Not represented in the table, the Q2 loss was also smaller by $400 million quarter over quarter. Furthermore, management acknowledged churn could be a potential issue for one more quarter before returning to domestic sub-growth in the fiscal fourth quarter. As for theme park sales, this profitable growth engine remains in great shape, jumping nearly 38% to $6.76 billion in fiscal Q2. Iger's Strategy Updates Alongside fiscal Q2 results, we got some more news on the strategic changes Iger has for the company, about six months into his return as CEO.
Disney's chief financial officer, Christine McCarthy, named a new finance team pulling together staff from both Disney Entertainment and ESPN. McCarthy shared the details with staff this week, naming Bryan Castellani as the new chief financial officer of Disney Entertainment and ESPN. Under Castellani, Lukas Wickart will continue to oversee finance for direct-to-consumer streaming business Disney+, ESPN+, Hulu, and Star. Karen Sack will oversee finance for our entertainment television businesses, including TV studios and ABC News finance, marketing, and networks planning. Jeff Grenn will oversee segment consolidation for Disney Entertainment, and finance in support of Aaron LaBerge's technology organization across Disney Entertainment and ESPN.
After the 10 days, cast members must decide whether they want to get engaged to another contestant sight unseen — or go home. The season-two contestant Nick Thompson said "Love Is Blind" didn't adequately support its cast members — during or after filming. Many cast members believed "Love Is Blind" would be a cut above other reality shows. The first evening in Cancún, producers told Ruhl she couldn't attend a party for all the newly engaged couples because they thought she might have COVID-19. In a later episode he again became infuriated and threatened to leave when Reed came home late from clubbing with other cast members.
Since returning as Disney CEO, Bob Iger has vanquished foes and dumped many of predecessor Bob Chapek's hires. But it's a supercharged Bob Iger who is really taking command. "If I'm inside Bob's head coming back, after the downfall of Bob Chapek, this is all about taking no prisoners," said Will Schutte, a high-level executive coach. Disney World is scheduled to host a major conference on gay rights in September, according to the Miami Herald. Even if he wants to be the Bob Iger of old he can't be.
Bob Iger is on a push for profitability at Disney and announced plans to cut 7,000 positions. Managers must identify candidates for layoffs by April, according to a source close to Disney. Disney bean counters have been looking carefully across the company in an attempt to find redundancies and eliminate executives where they can. Earlier this month, Disney announced that top human resources executive Paul Richardson would exit. In February Iger announced a restructure of Disney into three divisions: Entertainment, ESPN, and Parks, Experiences and Products.
Bob Iger is on a push for profitability at Disney and announced plans to cut 7,000 positions. Layoffs will impact about 4,000 employees, with the rest of the cuts coming from open roles. Disney bean counters have been looking carefully across the company in an attempt to find redundancies and eliminate executives where they can. Disney Chief Financial Officer Christine McCarthy told investors on the earnings call that the company has targeted cost savings of $5.5 billion. In February Iger announced a restructure of Disney into three divisions: Entertainment, ESPN, and Parks, Experiences and Products.
Tej Patel has 67,000 followers across TikTok and Instagram, where he posts photography and film content. Now, I have 58,400 followers on TikTok and almost 10,000 followers on Instagram. I made $100,000 for the first time last year, including earnings from brand sponsorships, TikTok's creator fund, and my photography and video production business. Here are three things I wish I knew earlier in my career that other creators should look out for. For me, that's anything related to photography, filmography, South Asian representation, and being a creator in New York City.
It's time for investors to consider buying Disney after the media giant's latest quarterly results , according to JPMorgan. Analyst Philip Cusick resumed coverage of Disney with an overweight rating, and a December 2023 price target of $135 that implies shares could advance more than 20% through year-end. "For F2023 we now model year-over-year total company revenue and segment operating income growth of 9.9% and 7.8% vs. F2022. We model the return of a $1/share dividend in F2024," Cusick wrote. Disney shares have jumped 24% in 2023, after falling more than 43% in 2022 and roughly 14% in 2021.
Disney CEO Bob Iger announced a new business structure Wednesday and further details emerged Thursday. ESPN and ESPN+ will form a separate unit, led by Jimmy Pitaro. Hollywood is already busy sharing memes about Bergman and Walden and how they will share and compete for power. As part of the cuts, Iger has directed his reports to lay off 7,000 staffers. A Thursday morning press release outlined all the shared services units that will now come under Bergman, Walden, and Pitaro.
Disney chief Bob Iger will speak Wednesday on his first quarterly earnings call since returning as CEO. Wall Street wants to see how Disney plans to boost profitability this year and whether it will trade ESPN or Hulu. Aside from a quick visit to Disney World in January, Bob Iger has been lying very low. Media investor Ross Gerber told Insider that Iger would get back to focusing on content rather than on the distribution mechanism. Iger tweeted a photo of himself at Disney World, dressed in a relaxed green cardigan and gray slacks as he posed with cast members on January 19.
Cost cutting reductions, including layoffs, are expected to hit Disney in the coming weeks and months. CEO Bob Iger has asked top execs to reorganize the former Disney Media Entertainment Distribution division. Disney employees are expecting wide layoffs as returning CEO Bob Iger moves to get costs in line. Internally, there's speculation that Disney will target people who work on nonpremium digital products for layoffs, one company insider said. Iger is expected to dismantle the division formerly known as DMED (Disney Media Entertainment Distribution) and shift P&L controls back to creative leaders and others.
Shares for Disney could see big gains going forward, according to Morgan Stanley. He also noted that his bull case scenario is now in play after the stock's hot start to 2023. "After a 25% appreciation in shares YTD, we focus on the bull case from here: In our view, the recent appreciation in shares reflects two recent shifts in sentiment. Morgan Stanley has a bull case price target of $150 per share on Disney, which implies upside of 36.1% from Friday's close. Disney shares were down nearly 1% during the premarket Monday.
Ayomi Samaraweera used to be an Ernst & Young consultant before working at TikTok and Jellysmack. Here is the DM and email she used to get her first brand deal with Fishbowl with 2,000 followers. She had used Fishbowl since beginning her career at Ernst & Young. Today, Samaraweera has almost 20,000 TikTok followers, which has allowed her to charge more for sponsored content than she used to. I'm reaching out as I connected with the Fishbowl account on TikTok and they pointed me in your direction re a possible brand partnership.
Barclays names Starbucks a top 2023 pick Barclays said the coffee giant is a "best-in-class" stock for 2023. UBS names Chipotle a top 2023 pick UBS said the Mexican chain restaurant is defensive in a "tough macro." Bank of America downgrades PNC to underperform from neutral Bank of America said shares of PNC are trading at a premium. Bank of America downgrades Ally Financial to underperform from buy Bank of America said Ally is most exposed to auto loans. Bank of America reiterates Amazon as buy Bank of America said Amazon layoffs are "not a positive signal, but good for sentiment."
With a new year underway, there's an opportunity to scoop up some names that investors sold to save on taxes in 2022, according to Morgan Stanley. In fact, Morgan Stanley fielded more inquiries on tax-loss selling strategies in 2022 than in any other year, analyst Todd Castagno wrote in a note Friday. Morgan Stanley looked for those popular stocks that have derated but may be repurchased once the tax loss is realized. Plug Power has the most upside to Morgan Stanley's price target — a whopping 288%. Morgan Stanley named the solar energy company a top pick after the Inflation Reduction Act was signed into law in August.
One former Meta employee received a 'peculiar' gift in the mail just in time for the holidays. Matt Motyl says he was one of the 11,000 staff members laid off by Meta in November. Researcher Matt Motyl was laid off from Meta in November despite exceeding expectations in performance reviews, he said. But their true purpose is unclear since the only context for the package was the word "leaver" written on the box, Motyl said. In the thread of tweets related to the box, which Motyl called "peculiar," he said he'd heard from other former Meta employees about strange things delivered to them from the company.
Disney CEO Bob Iger has returned to a company facing significant pressures on its linear and streaming businesses. He'll also need to unwind the business structure implemented in 2020 by his short-lived predecessor, Bob Chapek — which separated budgeting and distribution decisions from creative content development. Alan Bergman, chairman, Disney Studios ContentAlan Bergman. Disney Interactive/Reuters/Jonathan AlcornPitaro is close to Iger, has a long tenure at Disney, and has a foot in both creative and business sides. Dana Walden, chairman, Disney General Entertainment ContentDana Walden.
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