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☆ Disney beat back activist investor Nelson Peltz. Now the real work begins
▼ + stars: | 2024-04-04 | by ( Alex Sherman | ) www.cnbc.com time to read: +8 min

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

☆ Disney's cinematic drought may have opened a door for activist investor Peltz
▼ + stars: | 2024-04-02 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

DisneyDisney has struggled to return to the lofty box office records of 2019 — and that may have helped open the door for its recent troubles with activist Nelson Peltz. Just four years ago, the studio had seven billion-dollar films, which contributed to a global box office haul of more than $13.2 billion. Sony produced and distributed "Spider-Man: No Way Home," which made $1.9 billion, although Disney's Marvel Studios did serve as a co-producer. "People go to watch a movie or a show to be entertained," Peltz said in recent interview with The Financial Times. Peltz has also taken particular issue with Disney's failed succession plans and what he's described as a disjointed streaming strategy.

Persons: Harrison Ford, Indiana Jones, Nelson Peltz, Disney's, Strange, Peltz, Jay Rasulo, he's, Marvel, Ike Perlmutter Organizations: Disney Disney, Disney, Century Fox, Star, Sony, Disney's Marvel Studios, Guardians, Galaxy, Trian Fund Management, Financial Times, Marvel, U.S . Air Force, Financial, Marvel Entertainment Locations: U.S

☆ 'The Idea of You' soundtrack producer says he wasn't thinking about One Direction while writing music for August Moon
▼ + stars: | 2024-03-16 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +9 min

This was just 'great pop songs,' or what we thought were great pop songs." Advertisement"You'll see throughout the movie that he's writing 'Dance Before We Walk' and toying with the idea," Kotecha explains. I'm actually not just a manufactured boy band guy, I'm actually a musician and I want to be taken seriously.'" "For the boy band songs," Kotecha explained, "you don't sacrifice the melody for the lyric." "Nostalgia may be kicking in, but I also feel like it's time for another boy band," Kotecha said.

Persons: Hayes Campbell, Kotecha, —, Nicholas Galitzine, Anne Hathaway, Solène, Campbell, Savan, Ariana Grande, Demi Lovato, Michael Showalter, Cathy Schulman, Robinne Lee, I've, Hayes, Carl Falk, Moon, Simon Cowell, Alisha Wetherill, I'm, Harry Styles, Jackson, what's, sister's, NSYNC Organizations: BI, Service, SXSW, Vogue, Amazon Prime Locations: Coachella, Pixar's

☆ Analysis-For Malaysian Filmmakers, Censorship Stifles Optimism After Overseas Glory
▼ + stars: | 2024-02-08 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +5 min

"This is a very good time ... where people around the world are really looking into Malaysian filmmakers. "Mentega Terbang" follows a teenage Muslim girl exploring different religions while dealing with grief. Online platforms are not covered by film censorship rules in Malaysia. Khairi and others involved in "Mentega Terbang" even received death threats at the time, media reports show. CENSORSHIPUnder Malaysian law, films intended for public viewing must be approved by the Film Censorship Board.

Persons: Oscar, Michelle Yeoh, Khairi Anwar, Malaysia's, Khairi, Badrul Hisham Ismail, Pagi Ke, Anwar Ibrahim's, Anwar, Zabidi Mohamed, Amir Muhammad, Brenda Danker, Danial Azhar, Rozanna Latiff, Himani Sarkar Organizations: Azhar KUALA LUMPUR, Reuters, Cannes, Cannes Film, Malay, Academy, Malaysian, Film, YouTube Locations: Azhar KUALA, Malaysia, Malaysian, Viu, Terengganu, Malay

☆ John Goodman wants a do-over in his favorite Coen Brothers movie
▼ + stars: | 2024-02-07 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +8 min

When you think of John Goodman, you likely picture him as Walter Sobchak, the gun-toting bowling enthusiast from "The Big Lebowski." For the latest installment in BI's "Role Play" series, Goodman discusses his favorite Coen brothers movie, why "Bringing Out the Dead" was a hard movie to make, and the time he called 411 looking for Al Pacino. On his favorite Coen Brothers movie and faking it in his first movie roleYou made your movie debut in 1983 in "Eddie Macon's Run," which stars Kirk Douglas. [Laughs]On working with Al Pacino and the casting rumor about him he's never heard(L-R) John Goodman and Al Pacino in "The Sea of Love." [Laughs]On the movie that felt like he 'wasted a great opportunity'(L-R) John Goodman and Nicolas Cage in "Bringing Out the Dead."

Persons: John Goodman, Walter Sobchak, Dan Conner, Roseanne, Sulley, Rosanne, Goodman, Eli Gemstone, He'll, I've, I'm, Dan, Rosanne Barr, Barr, Coen, Al Pacino, Eddie Macon's, Kirk Douglas, Douglas, Kirk, Barton Fink, It's, Rushmore, Jeff, he's, Uncle Buck, John, Candy, Alfredo Pacino, Pacino, You've, Nicolas Cage, Martin Scorsese's, Dan Aykroyd, Scorsese, He's, he'd, Babe Ruth, Turturro, Eugene O'Neill Organizations: Inc, ABC, Al, Denzel Locations: televangelists, Angeles, Charleston, Laredo , Texas, Denzel Washington, Manhattan

☆ Bob Iger admits Disney's movies aren't all that good anymore
▼ + stars: | 2023-11-08 | by ( Madeline Berg | ) www.businessinsider.com time to read: +2 min

Bob Iger's second run as Disney's CEO has been mired with challenges. One of them: The movies his company has been making just aren't that good. AdvertisementAdvertisementDisney movies aren't the magic that they used to be — and Bob Iger is well aware. It's nice to see Iger admit what many fans of Disney's favorite properties — Marvel and Pixar, to name a few — already know. AdvertisementAdvertisementIger's plan to overhaul the film studio includes being more selective of both the sequels that get made and the new original movies Disney introduces, he said on the call.

Persons: Bob Iger's, —, Bob Iger, There's, Indiana Jones, Michael Nathanson, Iger, Nathanson Organizations: Service, Marvel, Pixar, Disney

☆ Bob Iger's return as Disney's CEO once sparked hope inside the company. Now, insiders are anxious and losing faith.
▼ + stars: | 2023-11-07 | by ( Lucia Moses | Reed Alexander | ) www.businessinsider.com time to read: +15 min

"There was a lot of excitement and hope at the return of Bob Iger a year ago," a current Disney staffer told Insider. Uncertainty about the company's future and about who's deciding what on the creative side has left execs in a state of inertia, according to an entertainment lawyer with knowledge of Disney's business. The declining linear TV business culminated in a standoff with Charter Communications over terms for a new contract for carrying Disney's cable channels. And Disney's streaming business, which was supposed to make up for the decline in cable revenues, has lost $11 billion since Disney+ launched in 2019. Churn is a top concern in Disney streaming, some employees said.

Persons: Goofy, what's, Bob Iger, Bob Chapek, He's, confidants, Zenia Mucha, Alan Braverman, Alan Horn, Jayne Parker, Christine McCarthy —, Mickey, Ariel, grumbled, Iger's, It's, he's, Iger, Paul Verna, Chapek, Bob, it's, Ron DeSantis —, Iger —, Nelson Peltz, he'd, hasn't, Verna, Disney, Ike Perlmutter, Peltz, Perlmutter, Ike, Disney's, Paul Singer, Kevin Mayer, Tom Staggs, Puck, Stagg's Blackstone, Intelligence's Verna Organizations: Walt Disney Co, Disney, ABC, Hollywood, CNBC, Writers Guild of America, Wall, Insider Intelligence, Marvel, Lucasfilm, Century Fox, Google, Facebook, Netflix, Communications, Florida Gov, Hulu, ESPN Iger, FX, Geographic, ESPN, Apple, Electronic, Elliott Investment Management, Bloomberg, Mayer Locations: Burbank, Hollywood, Florida's, Iger

☆ Once upon a time, the 'Disney adult' was ridiculed. Now, kidless millennials and Gen Z-ers with money to burn are packing into the parks — here's how Disney is winning them over.
▼ + stars: | 2023-09-14 | by ( Reed Alexander | ) www.businessinsider.com time to read: +22 min

Newlyweds Natalie and Brett Schwartz exchanged vows at Walt Disney World in Orlando this summer. "Our approach was to shine a light on the beautiful tapestry of people that come to Walt Disney World," Trejo said. Francis Dominic, the former parks worker turned influencer, has also been tapped to promote Disney parks and films. It's a difficult tightrope to navigate, but it could define the future of Disney parks. Are you a Disney parks or Walt Disney Co. insider?

Persons: Sarah Rachul, I'm, Rachul, Orlando —, —, Molly May, Francis Dominic, Dominic, who's, Taylor, Ron DeSantis —, Japan pavilion's Takumi, Jonathan de Araujo, it's, Tara Goldstein, Ann van Oostendorp, Disney, Van Oostendorp, Natalie Schwartz, Brett, Schwartz, Sierra Keller's, Keller, Natalie, Brett Schwartz, Jason Petrina, he's, Disney's, He's, They're, Petrina, Mickey, Chris Evans, Zoe Saldaña, What's, Wan Kenobi, Emperor Palpatine, she'd, welling, haven't, Neph Trejo, Walt, " Trejo, It's, Halle Bailey, Kent Phillips, Gaston, Jeremy Singh, I'd, Singh couldn't, he'd, Singh, they're, Patrick Dougall, Mark Eades, Eades, we've, Amanda Krause, Reed Alexander Organizations: Walt Disney, Epcot, Disney Vacation, Disney, Mouse, Disneyland, Disney Parks, Walt Disney Co, Florida Gov, Universal, Guardians, Galaxy, University of Tampa, Disney World, Honeymooners, Star Wars, Marvel, Magic, Cafe Orleans, Disney World's Hollywood Studios, Hollywood Studios, Star, Gucci, Dooney, Animal, Dole, Walt Disney World's, ABC, Getty, Management, Disney Imagineer, Disneyland Alumni Locations: Ohio, Disney, Orlando , Florida, Anaheim , California, Italy, China, Tuscany, Orlando, Florida, Disneyland Paris, Tokyo, Japan, Epcot, California, Anaheim, Belle Terrace, Hollywood

☆ Disney+ cuts price to $2 in limited-time offer—find out if you're eligible
▼ + stars: | 2023-09-06 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

For the next two weeks, the popular streaming service is offering three months of its ad-supported tier for $1.99 per month. The "Blockbuster September" promotion is available from Sept. 6 until Sept. 20, and can be secured by new and returning subscribers. The timing of the promotion coincides with the streaming release of Disney's "The Little Mermaid" remake, as well as the upcoming streaming release of Pixar's "Elemental" on Sept. 13. Disney CEO Bob Iger announced last month that Disney+ would be raising its prices in October. The company also introduced a Disney+ and Hulu combo bundle for $19.99 per month, while leaving the $9.99 per month price of its existing Disney+ and Hulu bundle with ads untouched.

Persons: Bob Iger, Warren Buffett Organizations: Disney, Blockbuster, CNBC

☆ 'Barbenheimer' tops $235 million in domestic debut, eyes second-highest box office weekend ever
▼ + stars: | 2023-07-23 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

"Barbenheimer" exploded over the weekend, generating an estimated $235.5 million in ticket sales and reinvigorating the domestic box office. "It was a truly historic weekend and continues the positive box office momentum of 2023," said Michael O'Leary, president and CEO of the National Association of Theatre Owners. Some box office analysts project that Monday's official weekend numbers could be quite a bit higher than Sunday's estimates, and push "Barbenheimer" weekend up the charts. The success of "Barbenheimer" comes at a time when the domestic box office has faced some hurdles. They've reignited the summer box office flame, and they've proven that studios can be a little more aggressive with counter-programming strategies in the future."

Persons: Barbie, Oppenheimer, Shawn Robbins, Michael O'Leary, O'Leary, Paul Dergarabedian, Harrison Ford, Indiana Jones, Robbins, They've, NBCUniversal Organizations: Marvel, Star Wars, Warner Bros, National Association of Theatre, Rotten, Angel Studios, Comcast, CNBC Locations: Hollywood, NBCUniversal

☆ This exclusive chart reveals why the groundswell of buzz around 'Barbie' and 'Oppenheimer' could help reverse Hollywood's box-office doldrums in spite of the actors' strike
▼ + stars: | 2023-07-20 | by ( Reed Alexander | ) www.businessinsider.com time to read: +7 min

This year, a number of films have flopped at the box office, including "Elemental" and "The Flash." A social-media analysis from Diesel Labs points to possible success for "Barbie" and "Oppenheimer" — here's why. Temperatures are rising all around the world, with one notable exception: the box office, where this year's film openings have mostly been, at best, lukewarm. Social-media attention on forthcoming and recent film releases looks to be generally trending higher for titles like "Barbie," "Oppenheimer," and "Mission Impossible: Dead Reckoning Pt. This story has been updated to reflect new box office estimates and an estimate of how many moviegoers will see "Barbie" and "Oppenheimer" on the same day.

Persons: Barbie, Oppenheimer, Mario Bros, tentpole, Indiana Jones, —, Barbie ”, “ Oppenheimer, Michael O'Leary, David A . Gross, Tom Cruise's, Gross, Screenrant, Ruby Gillman, Mario, America's, Christopher Nolan's, Greta Gerwig's, Matt Damon, Emily Blunt, Rami Malek, Reed Alexander Organizations: Diesel Labs, SAG, Writers Guild of America, www.diesellabs.com Diesel Labs, National Association of Theatre Owners, Warner Bros, Rotten, Entertainment Research, Variety, Disney, Mario Bros, Writers Guild, Wednesday, London Locations: Hollywood, North America

☆ New data reveals why the groundswell of buzz around 'Barbie' and 'Oppenheimer' could help reverse Hollywood's box-office doldrums in spite of the actors' strike
▼ + stars: | 2023-07-19 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

This year, a number of films have flopped at the box office, including "Elemental" and "The Flash." A social-media analysis from Diesel Labs points to possible success for "Barbie" and "Oppenheimer" — here's why. Temperatures are rising all around the world, with one notable exception: the box office, where this year's film openings have mostly been, at best, lukewarm. Social-media attention on forthcoming and recent film releases looks to be generally trending higher for titles like "Barbie," "Oppenheimer," and "Mission Impossible: Dead Reckoning Pt. Diesel Labs’ data has found that social-media buzz about the forthcoming launches of “Barbie” and “Oppenheimer” is trending ahead of last year’s benchmark levels.

Persons: Barbie, Oppenheimer, Mario Bros, tentpole, Indiana Jones, —, Barbie ”, “ Oppenheimer, David A . Gross, Tom Cruise's, Gross, Screenrant, Ruby Gillman, Mario, America's, Christopher Nolan's, Greta Gerwig's, Matt Damon, Emily Blunt, Rami Malek, Reed Alexander Organizations: Diesel Labs, SAG, Writers Guild of America, www.diesellabs.com Diesel Labs, Warner Bros, Rotten, Entertainment Research, Variety, Disney, Mario Bros, Writers Guild, Hollywood Locations: Hollywood, London

☆ Bob Iger says Disney's TV and cable business 'may not be core' and leaves the door open to a sale
▼ + stars: | 2023-07-13 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Disney's Bob Iger said the company's TV and cable businesses may not be core. Disney's no-growth TV and cable businesses "may not be core" to the company and it will be "expansive" about how it treats them, CEO Bob Iger said. Iger said that while cable TV had declined faster than he expected, Disney's parks business is doing well, the studio business has been successful, and streaming has a bright future. There's been industry speculation that Disney might sell ESPN; Iger stressed that Disney was committed to the business. On recent box office misses in Pixar's "Elemental" and "The Little Mermaid," Iger acknowledged Disney's zeal to grow its streaming business contributed to some "disappointments."

Persons: Bob Iger, Iger's, Iger, he's, We've, There's, supercharging Organizations: Disney, Hulu, ESPN, Morning, CNBC, WGA, SAG

☆ Watch CNBC's full interview with Edmund Lee and Tom Rogers
▼ + stars: | 2023-06-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Edmund Lee and Tom RogersTom Rogers, fmr. NBC Cable president, and Edmund Lee, New York Times assistant editor, join 'Last Call' to discuss Disney's recent struggles, Pixar's latest box office flop and more.

Persons: Edmund Lee, Tom Rogers Tom Rogers, fmr Organizations: NBC Cable, Edmund Lee , New York Times Locations: Edmund Lee ,

☆ Disney has a big hole to dig out of, says media mogul Tom Rogers on company's recent woes
▼ + stars: | 2023-06-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney has a big hole to dig out of, says media mogul Tom Rogers on company's recent woesTom Rogers, fmr. NBC Cable president, and Edmund Lee, New York Times assistant editor, join 'Last Call' to discuss Disney's recent struggles, Pixar's latest box office flop, and more.

Persons: Tom Rogers, fmr, Edmund Lee Organizations: Disney, NBC Cable, Edmund Lee , New York Times Locations: Edmund Lee ,

Universal’s “The Super Mario Bros.” movie and Sony’s “Spider-Man: Across the Spider-Verse,” both animated films, have racked up big ticket sales this year. The successes of "Super Mario Bros." and "Spider-Man" also reflect a new post-COVID-19 trend at box offices, Hollywood insiders say. In his book, “Creativity, Inc.,” Pixar co-founder Ed Catmull credited Pixar's brain trust with the studio’s early box-office triumphs. Catmull and other members of the original brain trust are gone, though Docter remains, now in the role of chief creative officer. During the pandemic's peak, when many cinemas were closed, Disney launched three Pixar films directly to Disney+_in the U.S., bypassing theaters.

Persons: ”, Universal’s, Mario, Tony Chambers, Disney's, don’t, Chambers, DreamWorks Animation’s, “ Ruby Gillman, Tom Sito, King, Sito, Jeff Bock, Ed Catmull, — John Lasseter, Andrew Stanton, Pete Docter, Lee Unkrich, Joe Ranft —, Docter, Domee Shi, Soul’s ’ Kemp Powers, Pixar’s, Brad Bird, Oscar, “, Darla K, Anderson, “ Coco ”, Bob Chapek, there’s, we’ve, ” Docter, it’ll, Dawn Chmielewski, Lisa Richwine, Kenneth Li, Jonathan Oatis Organizations: Pixar, Inc, Walt Disney, Universal Studios, DreamWorks, University of Southern, Netflix, Disney, Apple, Relations, Thomson Locations: ANGELES, U.S, Canada, Disney, University of Southern California, ”

☆ New Pixar film 'Elemental' opens weak for Disney
▼ + stars: | 2023-06-18 | by ( Lisa Richwine | ) www.reuters.com time to read: +1 min

The opening figure for the United States and Canada fell shy of box office forecasts and ranked among the lowest ever for a film from Pixar, the acclaimed animation studio behind "Toy Story," "Finding Nemo" and other classics. "Elemental," a story about overcoming outward differences, added $15 million overseas for a global total of $45 million, Disney said. The film opened in just three major international markets and will expand to other countries in the coming weeks. Pixar is looking to rebound from the box office disappointment of its 2022 release "Lightyear," the origin story of "Toy Story" hero Buzz Lightyear. The movie brought in an earthbound $226.7 million in global ticket sales, a fraction of the $1 billion take for 2019's "Toy Story 4."

Persons: Buzz Lightyear, Peter Sohn’s, Lisa Richwine, Leslie Adler Organizations: U.S, Walt Disney Co, Pixar, Disney, Reuters, Thomson Locations: ANGELES, United States, Canada, City, American

☆ 'The Flash,' 'Elemental' disappoint as 'Spider-Verse' continues box office domination
▼ + stars: | 2023-06-18 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

The mixed results saw disappointing debuts from "The Flash" and "Elemental," while "Spider-Man: Across the Spider-Verse" continued to attract ticket buyers. It also fell short of the $67 million debut of fellow DC film "Black Adam" last October. "Audiences have shown in recent months and post-'Endgame' years that they are being more selective about which comic book films are going to earn their box office dollars," he said. Estimates peg the film's debut at $29.5 million, just higher than the $29.1 million "Toy Story," Pixar's first-ever theatrical release, which opened in 1995. Across Friday, Saturday and Sunday of the Father's Day weekend, the domestic box office is expected to tally just under $175 million in receipts.

Persons: Adam, Shawn Robbins, Robbins, Ezra Miller, Mario, Paul Dergarabedian Organizations: Warner Bros, BoxOffice.com, DC, Pixar, DreamWorks, Mario Bros, Comscore, Guardians, Galaxy, Comcast, CNBC Locations: NBCUniversal

☆ How 'Elemental' star Leah Lewis handles rejection and imposter syndrome in Hollywood
▼ + stars: | 2023-06-18 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +5 min

Leah Lewis is only 26, but she's already spent more than half her life trying to make it as an actor. In "Elemental," Lewis voices the lead character Ember, a fire-type living in a world where residents embodying fire, water, air and land co-exist in Element City. For Lewis, it's one of a handful of bigger roles she's landed in a few short years. Even when I landed some kind of success with "Nancy Drew," "The Half of It," now "Elemental," I think, "Are you sure?" I've done the work, and the work really leads me to feel like I'm not like faking it.

Persons: Leah Lewis, she's, she'll, Lewis, Ember, it's, George, Fan, Nancy Drew, Netflix's, Alice Wu, Peter Sohn, I've, I'm, AAPI creatives, They'd Organizations: Disney, Academy Museum of Motion Pictures, Hollywood, CNBC, Pixar, American, Pacific Locations: Los Angeles , California, Los Angeles, City, Wade, Georgia, Shanghai, China, American

☆ Disney looks to get out of animation rut with Pixar's 'Elemental'
▼ + stars: | 2023-06-15 | by ( Sarah Whitten | ) www.cnbc.com time to read: +1 min

The stakes are high as Pixar releases its 27th feature film in theaters this Friday. "Elemental," a romantic immigrant story told through anthropomorphic elements of nature, arrives as Disney is under pressure to prove it hasn't lost its golden touch in animation. The company, which operates both Pixar and Disney Animation, has struggled to drum up ticket sales for its animated fare in recent years. Disney's Pixar studio, in particular, is looking to rebound from the box-office letdown that was "Lightyear." "Animation certainly seems to be going through some winds of change," said Shawn Robbins, chief analyst at BoxOffice.com.

Persons: hasn't, Mario, Shawn Robbins Organizations: Pixar, Disney, Disney Animation, DreamWorks, Mario Bros, Alpha

[1/3] Cast member Hailee Steinfeld attends the premiere for Spider-Man: Across the Spider-Verse in Los Angeles, California, U.S., May 30, 2023. The UAE Media Council on Monday said on Twitter it "will not allow the circulation or publication of content contrary to the values and principles of the UAE and the standards of media content in force in the country." Several cinema customer service lines did not say why the film was not listed and government bodies in the UAE, Saudi Arabia and Qatar did not immediately respond to requests for comment. In June 2022 the UAE banned Walt Disney-Pixar's animated feature film "Lightyear" from screening because it features characters in a same-sex relationship. The youth and culture ministry said it "violated the nation's media content standard".

Persons: Hailee Steinfeld, Mario Anzuoni, Vox, Majid Al Futtaim, Majid Al Futaim, Gwen Stacy, Abdullah Al, Sami, Walt Disney, Yousef Saba, Lisa Barrington, Andrew Mills, Nafisa Eltahir, Mohammed Benmansour, William Maclean Organizations: REUTERS, United, Vox Cinemas, Vox, Novo, Reel, Reuters, UAE Media, Walt, Thomson Locations: Los Angeles , California, U.S, DUBAI, United Arab Emirates, United States, Gulf, UAE, Saudi Arabia, Qatar, Kuwait, Oman, Bahrain, Saudi, Riyadh, Dubai, Doha, Nafisa, Cairo

☆ Jack Dorsey worries Apple Vision Pro will turn us all into 'WALL-E' characters — glued to chairs and plugged into constant entertainment
▼ + stars: | 2023-06-14 | by ( Grace Mayer | ) www.businessinsider.com time to read: +4 min

Jack Dorsey was asked what he thought about high-tech headsets, like Apple's new Vision Pro. In the interview, Dorsey shared his thoughts on companies developing augmented reality and virtual reality technologies. Just a week earlier, Apple announced its new Vision Pro mixed-reality headset, a strong competitor product to Meta's own line of virtual reality headsets. Jack Dorsey admitted that virtual reality was "going to happen," but said it's time to have an "honest conversation" about its possible effects. Will Apple's Vision Pro turn us all into "WALL-E"-like characters?

Persons: Jack Dorsey, Dorsey, Krystal Ball, Saagar, we're, Enjeti, he's, MARCO BELLO, Neal Stephenson, Ernest Cline's, They're, Apple's, Apple Organizations: Morning, Twitter, Pixar, Apple

The movie is projected to debut with a modest $31 million to $41 million this weekend in the U.S., according to the Box Office Pro website. That is well shy of the recent $120.5 million haul for Sony’s critically acclaimed animated hit "Spider-Man: Across the Spider-Verse." Pixar is looking to rebound from the box office disappointment of 2022 release "Lightyear," the origin story of "Toy Story" hero Buzz Lightyear. "Judging Pixar on the recent past, history would not be kind," said SVB MoffettNathanson media analyst Michael Nathanson. But the move dealt a blow to creatives who had hoped their films would be seen on the big screen, according to one Pixar director who spoke on condition of anonymity.

Persons: Athie, Leah Lewis, Pete Docter, Denise Ream, Peter Sohn, Adele Exarchopoulos, Vincent Lacoste, Jim Morris, Read, Buzz Lightyear, Pixar, Michael Nathanson, Sohn, Mario, Shawn Robbins, Robbins, Bob Chapek’s, Luca, creatives, Sohn’s, Dawn Chmielewski, Lisa Richwine, Nathan Frandino, Kenneth Li, Jonathan Oatis Organizations: Cannes Film, Pixar Animation Studios, Box, Pixar, Reuters, Walt Disney Co, Reuters Television, Comcast, Universal Pictures, Mario Bros, Sony Pictures, Pro, Disney, U.S, Cannes, Rotten, Thomson Locations: U.S, City, Los Angeles, San Francisco

☆ Exclusive: Walt Disney's Pixar targets 'Lightyear' execs among 75 job cuts
▼ + stars: | 2023-06-03 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +2 min

[1/2] A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermidJune 3 (Reuters) - Walt Disney's (DIS.N) Pixar Animation Studios has eliminated 75 positions including those of two executives behind box office disappointment “Lightyear,” sources said on Saturday, the first significant job cuts at the studio in a decade. Susman had been at Pixar since the release of the original “Toy Story” movie in 1995. The cuts, which took place May 23, are part of Walt Disney Chief Executive Bob Iger’s previously announced plan to eliminate 7,000 jobs and slash $5.5 billion in costs. Disney acquired Pixar in 2006 to revitalize its struggling Disney Animation.

Persons: Brendan McDermid, Walt Disney's, “, Angus MacLane, “ Coco, ” Galyn Susman, Susman, Michael Agulnek, Bob Iger’s, ”, Bob Peterson, Dawn Chmielewski, Cynthia Osterman Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Pixar Animation Studios, Pixar, Walt Disney, Disney Entertainment, Disney, Disney Animation, Thomson Locations: New York, U.S

☆ Walt Disney's Pixar targets 'Lightyear' execs among 75 job cuts
▼ + stars: | 2023-06-03 | by ( ) www.cnbc.com time to read: +2 min

Walt Disney 's Pixar Animation Studios has eliminated 75 positions including those of two executives behind the box office disappointment "Lightyear," sources said on Saturday, the first significant job cuts at the studio in a decade. Susman had been at Pixar since the release of the original "Toy Story" movie in 1995. Pixar is famous for cinematic franchises including "Toy Story," "The Incredibles" and "Cars." "Lightyear" could not be shown in 14 Middle Eastern and Asian countries because of its depiction of a same-sex relationship. Disney acquired Pixar in 2006 to revitalize its struggling Disney Animation.

Persons: Walt Disney, Angus MacLane, Coco, Susman, Michael Agulnek, Bob Iger's, Bob Peterson Organizations: Animation, Pixar, Studios, Walt Disney, Disney Entertainment, Disney, Disney Animation

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