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That would mark a milestone for the company, which launched Disney+ on Nov. 12, 2019. It would be the first time Disney showed it can make money from Disney+, Hulu and ESPN+. Disney will need to sustain and grow streaming profit to justify Iger's five-year-old strategy to go "all in" on the segment. Disney has already offered ESPN+, a sports streaming service that has some but not all of ESPN's content. Trian Partners' Nelson Peltz, who failed to join Disney's board Wednesday after securing just 31% of the vote, publicly questioned what he has called Disney's "woke" content strategy.
Persons: Bob Iger, Sun Valley , Idaho David A, Iger, Disney, they've, Cowen, Doug Creutz, Needham, Laura Martin, Gabby Jones, David Greenbaum, Sean Bailey, Alan Bergman, Indiana Jones, Nelson Peltz, Peltz, shouldn't, Bob Chapek, He'll, Bergman, Jimmy Pitaro, Josh D'Amaro, Dana Walden, They've, Cowen's, you've, That's, it's, — CNBC's Sarah Whitten, Needman's Martin Organizations: Disney, Allen & Company Sun Valley Conference, Grogan, CNBC Disney, Disney Disney, Hulu, ESPN, Co, Warner Bros . Discovery, Fox, CNBC, Athletic, Bloomberg, Getty, Marvel, Star Wars, Searchlight, Walt Disney Motion, Disney Entertainment, Century Fox, Sony, Disney's Marvel Studios, Trian Partners, Financial Times, Resorts, Iger Locations: Sun Valley , Idaho, Brooklyn , New York, Iger, Parks, Disney
Sean Bailey, the longtime president of Walt Disney Studios Motion Picture Production, has decided to step down, amid investor pressure to reverse Disney’s box office cold streak. Instead, at least in the near term, he will produce a new “Tron” movie for Disney. Mr. Greenbaum has been running the Searchlight division with Matthew Greenfield since 2021. Over that time, Disney has been roiled by executive firings, restructuring efforts and shifting strategies for film distribution. The steady-handed Mr. Bailey, who is popular with stars and their agents, has helped provide stability.
Persons: Sean Bailey, Bailey’s, David Greenbaum, Bailey, Mr, Greenbaum, Matthew Greenfield, Oscar Organizations: Walt Disney Studios, Disney, Netflix, Searchlight Pictures, Mr, Searchlight Locations: Hollywood
The Oscar-nominated documentary short “The Last Repair Shop” is coming to broadcast television this weekend. The 40-minute film will air Saturday on ABC owned television stations and select affiliates, the studios announced Thursday. “It’s not too much to say I owe my career to people like the four repair people in our film,” Bowers said. The broadcast push is a first for an Oscar nominated short documentary. “We are all so excited that The Last Repair Shop has the opportunity to connect with audiences across the country.”
Persons: It’s, Ben Proudfoot, Kris Bowers, , Bowers, “ King Richard ”, , Steve Bagmanyan, “ It’s, ” Bowers, Matthew Greenfield, David Greenbaum Organizations: ABC, Disney, Los Angeles Unified School District, Searchlight Pictures Locations: California, San Francisco , Los Angeles, Palm Springs, Fresno, Chicago, Houston, Philadelphia , New York, Raleigh, Durham
CNN —Taylor Swift’s about to yell action! The singer-songwriter will make her feature directorial debut with Searchlight Pictures, the studio announced. Swift also wrote the original script for the movie, which will be produced by Searchlight. The film is also eligible for the short film category at the upcoming Academy Awards. Searchlight has made Oscar winners like Guillermo del Toro’s “The Shape of Water” and Chloe Zhao’s “Nomadland.”
LOS ANGELES, Dec 9 (Reuters) - Grammy award-winning singer Taylor Swift will make her film directorial debut with an original script she wrote, Searchlight Pictures said on Friday. Walt Disney Co.-owned Searchlight, known for Oscar best picture winners "The Shape of Water" and "Nomadland" as well as 2022 drama “The Banshees of Inisherin,” did not disclose the subject of Swift's film or when it would be released. “Taylor is a once in a generation artist and storyteller. She recently earned another Grammy nomination for Song of the Year, the 10-minute version of "All Too Well," which is eligible for the Best Live-Action Short category at the 2023 Oscars. Reporting by Danielle Broadway; Editing by Mary Milliken and Josie KaoOur Standards: The Thomson Reuters Trust Principles.
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