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The tech industry accounts for about one-quarter of this year's job cuts, Challenger data show. The automotive industry has had 30,669 job cuts announced, compared with 10,277 through November 2021. And real estate has had 7,919 cuts announced this year, compared with 2,762 in 2021 year-to-date. "We've seen a lot of job cuts around mortgage origination and fintech firms in mortgages. U.S.-based employers announced 76,835 cuts in November alone, more than double the 33,843 cuts announced in October and four-times the number of cuts announced last November, Challenger data show.

☆ Disney Channel to be replaced in Russia by new 'Sun' TV channel
▼ + stars: | 2022-12-05 | by ( ) www.reuters.com time to read: +1 min

Dec 5 (Reuters) - Disney Channel will soon be replaced in Russia by a new children's TV station called "Solntse", Solntse's parent company Media1 said on Monday. Solntse, which means "sun" in Russian, will start broadcasting at 6 a.m. on Dec. 14 and air films, animations and "all-Russian" TV shows, it said. "The content on Solntse varies but it all has one thing in common: it provides a charge of positive energy and, most importantly, it will always be warm and fun on Solntse," Media1 said. "Now the sun will be available to Russian viewers 365 days a year, at least on our channel," Ruben Oganesyan, the channel's general producer said. Disney Channel, Russia's second highest rated children's TV station, is set to stop broadcasting after more than 12 years.

In this article DIS Follow your favorite stocks CREATE FREE ACCOUNTBob Iger, CEO, The Walt Disney Company Scott Mlyn | CNBCDisney reappointed Bob Iger as its chief executive recently, abruptly replacing his hand-picked successor Bob Chapek, and giving Iger an early goal — find a new replacement during the next two years. Iger's attention has quickly turned to the other part of his mandate from the board — the immediate challenges facing Disney's business, such as the company's reorganization, cost structure and the future growth of its streaming business. He is the chairman of Disney's studio content and spearheaded the integration of Iger's acquisitions into Disney's overall content pipeline. D'Amaro is head of Disney's parks, experiences and products, the same position Chapek held before becoming CEO. Rebecca Campbell, who's currently in charge of Disney's international content and operations, is another candidate that Iger may favor, people familiar with the matter said.

☆ 'Oswald the Lucky Rabbit' returns in his first Disney film in 94 years
▼ + stars: | 2022-12-01 | by ( ) www.reuters.com time to read: +2 min

[1/4] A screen grab from an undated handout video shows a frame from "Oswald the Lucky Rabbit" film, featuring a character that returned in the new Disney film for the first time in 94 years. Walt Disney Animation Studios/Handout via REUTERSLONDON, Dec 1 (Reuters) - Walt Disney Animation Studios has produced its first Oswald the Lucky Rabbit film in 94 years, creating a new animation short of the much loved character said to be a prototype for Mickey Mouse. "Oswald the Lucky Rabbit" was created by the studio's hand-drawn animation team as part of the Disney 100 Years of Wonder celebrations marking the 100th anniversary of The Walt Disney Company. Animator and producer Walt Disney created Oswald the Lucky Rabbit in 1927 for Universal, introducing the mischievous character to audiences in the short film “Trolley Troubles”. Disney and his team created 26 Oswald short films, with the last released in 1928 when he lost creative control over the character.

☆ Opinion: Abigail Disney: 125 billionaires control our climate future
▼ + stars: | 2022-11-29 | by ( Abigail Disney | ) edition.cnn.com time to read: +4 min

Editor’s Note: Abigail E. Disney is an Emmy-winning documentary filmmaker and activist. According to new Oxfam research, the company investments of just 125 billionaires emit 393 million metric tons of CO2 each year, equivalent to the emissions of France. Let that sink in: 125 individuals, no better, no worse and certainly no more important than any other 125 individuals, are responsible for hundreds of millions of metric tons of carbon emissions. Those same 125 billionaires also sit on the boards of various charities and foundations. We have the power to create a society that prioritizes care of communities over the pocketbooks of fossil fuel companies.

☆ Disney hiring freeze will stay in place, CEO Bob Iger tells employees
▼ + stars: | 2022-11-28 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange, November 27, 2017 in New York City. Disney Chief Executive Officer Bob Iger said during his first town hall since returning to the company that he won't remove the company's hiring freeze and that he will reassess its cost structure. Iger kicked off the town hall Monday quoting from the song "What'd I miss?" He replaced his hand-picked successor Bob Chapek, whose nearly three-year run as CEO ended abruptly after a dismal fiscal fourth-quarter earnings report. Iger joked his wife, Willow Bay, told him he should run Disney again so that he wouldn't run for U.S. president — something Iger has thought about in the past.

☆ Bob Iger's fast start back as Disney's CEO is welcome news to shareholders like us
▼ + stars: | 2022-11-28 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

Bob Iger, who returned last week as CEO of Disney (DIS), told employees Monday he intends to maintain the company's current hiring freeze. As shareholders for the Club, we are pleased to see Iger taking steps to fix the missteps of his predecessor. The faster Iger can show improvement in terms of streaming profitability — or at least reduce losses in the near term — the faster we will see a turn higher in Disney's stock price. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Bob Iger, former CEO, The Walt Disney Company Scott Mlyn | CNBC

[1/3] FILEPHOTO: Executive Chairman of the Walt Disney Company, Bob Iger arrives at the world premiere for the film 'The King's Man' at Leicester Square in London, Britain December 6, 2021. In his 15 years as Disney chief executive, Iger postponed his retirement four times, sidelining would-be successors. read more Part of his mandate, according to Disney, is to work with the board to develop a successor to lead the company. Chapek was among a shortlist of internal candidates vying for Iger's job, according to a source familiar with discussions. Another seen as a top contender was Kevin Mayer, Disney's longtime head of strategic planning who had shepherded the successful launch of Disney+, according to sources.

☆ Disney is counting on Bob Iger to make hard decisions about its streaming and TV assets – or find someone who will
▼ + stars: | 2022-11-22 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Of course, while Iger said Disney was all-in on streaming, the reality was it wasn't, and it still isn't. Part of that shift was Disney's realization that it likely wasn't going to hit its target of 230 million to 260 million Disney+ subscribers by 2024. Disney shares have fallen nearly 40% this year. Disney shares surged during the pandemic even as theme parks closed and movies were kept out of theaters. "The old plan can't be the new plan," Greenfield said.

He will replace Bob Chapek, who took over as Disney CEO in February 2020 just as the COVID-19 pandemic led to park closures and visitor restrictions. Disney disappointed investors this month with an earnings report that showed mounting losses at its streaming media unit that includes Disney+. [1/2] Executive Chairman of the Walt Disney Company, Bob Iger arrives at the world premiere for the film 'The King's Man' at Leicester Square in London, Britain December 6, 2021. Disney did not respond to a request for comment on Trian and Trian did not respond to a request for comment. During his tenure, Disney made several key acquisitions, including Pixar Animation Studios, Marvel Entertainment and 21st Century Fox, and boosted its market capitalization five-fold.

Iger is widely considered entertainment industry royalty, celebrated for his management acumen and creative chops. He turned Disney into a global powerhouse by acquiring marquee brands such as Pixar, Marvel, Lucasfilm and 21st Century Fox. Bob Chapek, left, and Bob Iger, in Orlando, Fla.,on Sept. 30, 2021. Shares of the Walt Disney Co. are down 40% this year, and layoffs are pending. But almost immediately, the entertainment industry media zeroed in on what was thought to be a frosty relationship between the two men.

☆ Robert Iger’s Return to Disney Has Many Fans Overjoyed
▼ + stars: | 2022-11-21 | by ( Jacob Passy | ) www.wsj.com time to read: 1 min

Disney said Robert Iger would stay in the chief-executive role for two years before another CEO took over. To many members of Disney ‘s ardent fan base, Robert Iger ‘s return to the company’s helm is a storybook ending to a drawn-out corporate saga. Fans of the company’s theme parks and film franchises flocked to social media to celebrate the news when the Walt Disney Co. announced Sunday that Mr. Iger would return to the chief executive role he held for roughly 15 years. Disney fans scrutinize not only changes to its entertainment offerings, but also its boardroom moves and quarterly earnings.

Disney, in a shocking late Sunday announcement, said it had re-appointed Iger as chief executive, effective immediately, after Iger’s handpicked successor as CEO, Bob Chapek, came under fire for his management of the entertainment giant. Iger will help the company’s board develop a new successor, Disney said in a release. Chapek was named chief executive in February 2020, succeeding Iger, who had previously said he wouldn’t return to the role. Iger, who held the CEO role for 15 years at Disney, had favored Chapek as his successor. Chapek distanced himself from Iger with a series of decisions, including his new approach to streaming prices for Disney+, Hulu and ESPN+.

☆ Can Bob Iger fix Disney?
▼ + stars: | 2022-11-21 | by ( Frank Pallotta | ) edition.cnn.com time to read: +8 min

But If anyone can bring back the magic to the Walt Disney Company, the company believes Bob Iger may be uniquely qualified to do it. StreamingIn a shocking move, Bob Iger is returning as Disney's CEO. Disney’s streaming service — which includes ESPN+, Hulu and most importantly, Disney+ — had been the most vital part of the company’s vast media kingdom. In its statement reintroducing Iger as CEO, Disney said he was “uniquely situated to lead the company through this pivotal period.”Iger was instrumental in forming the modern Disney. With the media industry in turmoil, Disney hope Iger is up to the tall task of righting its ship.

[1/2] Executive Chairman of the Walt Disney Company, Bob Iger arrives at the world premiere for the film 'The King's Man' at Leicester Square in London, Britain December 6, 2021. REUTERS/Hannah McKayLOS ANGELES, Nov 20 (Reuters) - Former Walt Disney Co (DIS.N) Chief Executive Bob Iger is returning to the media company as CEO less than a year after he retired, a surprise appointment that comes as the entertainment company struggles to turn its streaming TV services into a profitable business. Iger, who retired last year after 15 years as chief executive, has agreed to serve as CEO for two more years, Disney said in a statement late on Sunday. He will replace Bob Chapek, who took over as Disney CEO in February 2020. Iger exited Disney on a high note as the company led the entertainment industry's battle against Netflix (NFLX.O) in the streaming wars.

☆ Disney first approached Bob Iger about returning as CEO just days ago
▼ + stars: | 2022-11-21 | by ( Grace Kay | Claire Atkinson | ) www.businessinsider.com time to read: +2 min

Disney's plan to bring back Bob Iger as CEO came together in only a few days, a senior employee said. A top executive reached out to Iger about returning as CEO and the board agreed to the change. The board reached out to Iger on Friday, CNBC reported — just three days before the company announced that the former executive would immediately replace Bob Chapek as CEO. Over the past few months, several high level Disney executives told the board they were considering leaving under Chapek's leadership, the Disney exec told Insider. Read more on Bob Iger's return to Disney: A senior executive's outreach to the former chief followed months of complaints to the board about CEO Bob Chapek

☆ Bob Chapek’s tenure marked by political missteps inside and outside of Disney
▼ + stars: | 2022-11-21 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +5 min

Now he’s saying “Goodbye, Disney (DIS).”Chapek’s rocky two-and-a-half year tenure at the head of the entertainment giant had a few wins. But Disney made the surprise announcement Sunday that its revered former CEO Bob Iger is making a return as the head of the company. Disney employees began staging walkouts, saying Chapek’s statements “utterly failed” to grasp the threat to LGBTQ communities. DeSantis quickly ripped Disney after Chapek’s public condemnation, calling the company a “woke corporation” with questionable business interests in China during a private event. Investors celebrated Iger’s return as CEO, sending Disney shares up nearly 7% Monday after dropping roughly 38% this year.

☆ Disney board's decision to replace Bob Chapek with Bob Iger makes everyone look bad
▼ + stars: | 2022-11-21 | by ( Alex Sherman | ) www.cnbc.com time to read: +1 min

The Disney board's decision to swap out Bob Chapek for Bob Iger as the company's CEO may be the right one for the company's future. The Disney board extended Chapek's contract for three more years on June 28. Bob is the right leader at the right time for The Walt Disney Company, and the Board has full confidence in him and his leadership team." Instead, because it extended his contract, the company is on the hook to pay Chapek tens of millions in severance. Disney's fiscal fourth quarter results weren't good, but Chapek also told investors streaming losses had cratered and reaffirmed the company's direct-to-consumer products would be profitable by 2024.

Disney , in a shocking late Sunday announcement, said it had re-appointed Iger as chief executive, effective immediately, after Iger's handpicked successor as CEO, Bob Chapek, came under fire for his management of the entertainment giant. Iger will help the company's board develop a new successor, Disney said in a release. Chapek was named chief executive in February 2020, succeeding Iger, who had previously said he wouldn't return to the role. Iger, who held the CEO role for 15 years at Disney, had favored Chapek as his successor. Chapek distanced himself from Iger with a series of decisions, including his new approach to streaming prices for Disney+, Hulu and ESPN+.

☆ Some Disney employees were so shocked by CEO Bob Iger's return they suspected an email announcement was a scam
▼ + stars: | 2022-11-21 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +5 min

Some Disney staffers thought the press release about Bob Iger's return was a scam, Variety reported. Iger, who led Disney from 2005 to 2020, was asked to come back to replace current CEO Bob Chapek. Disney stock is down nearly 40% so far this year, though it got a boost on news of Iger's return. The news of Iger's replacement of current Disney CEO Bob Chapek came around 6:45 p.m. Pacific Time, while some top Disney leaders were at a pre-show reception at Los Angeles's Dodger Stadium for Elton John's farewell show, according to Variety. Arnold added that Iger is "greatly admired by Disney employees worldwide."

☆ Ex-Disney CEO Bob Iger is back in charge of the company, 2 years after handing over the reins to Bob Chapek
▼ + stars: | 2022-11-21 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +2 min

Disney is replacing its CEO Bob Chapek, the company announced on Sunday night. Bob Iger, the company's CEO from 2005 to 2020, is taking over the reins again. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyFormer Disney CEO Bob Iger is back in charge at Disney, replacing Bob Chapek after two years. The change is effective immediately, per The Walt Disney Company. Iger was chairman and CEO of of The Walt Disney Company for 15 years, from 2005 to 2020, when Chapek was named CEO.

☆ Inside Bob Iger's return to Disney: A senior executive's outreach to the former chief followed months of complaints to the board about CEO Bob Chapek
▼ + stars: | 2022-11-21 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +6 min

Bob Iger is returning to Disney as CEO, ending the rocky tenure of his successor, Bob Chapek. This person said the board realized its chief executive simply wasn't up to the job after the high-level company executives shared their frustrations. "Bob Iger is one of the top executives of the last decade. Daniel and a handful of other top executives are expected to find out their fate in the next 24 hours, said the senior Disney Insider. "I'm really happy pleased that Bob Iger has accepted this has decided to come back at a critical time for the company," the senior Disney insider said.

☆ Bob Iger is back. He's the steady hand that Disney needs as CEO to get it back on track
▼ + stars: | 2022-11-21 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Iger has committed to serve two years as CEO and agreed to help the board develop his eventual replacement, according to Disney. The Club's take Iger will be the steady hand Disney needs in this critical moment. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. Bob Iger, CEO, The Walt Disney Company Scott Mlyn | CNBC

☆ Bob Iger is back at the helm of Disney after less than a year in retirement. Here's how the media titan makes and spends his fortune.
▼ + stars: | 2022-11-21 | by ( Dominic-Madori Davis | Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Bob Iger is back in charge at Disney after less than a year of retirement. Iger was at the helm of the company during Disney's acquisitions of Pixar, Marvel, Lucasfilm, and most recently, 21st Century Fox. On Sunday, Disney announced that Iger would be returning as CEO to replace Bob Chapek. Iger, meanwhile, was compensated $65.6 million in 2018 — which Forbes notes is 1,424 times what the average Disney employee makes. Here's what we know about Iger's life and rise, including how he makes and spends his multimillion-dollar fortune:

☆ 3 key takeaways on how Bob Iger's surprise return to Disney could shape its sports strategy, from 'deep cost-cutting at ESPN' to 'quick wins' in sports betting
▼ + stars: | 2022-11-21 | by ( Colin Salao | ) www.businessinsider.com time to read: +7 min

Analysts expect Iger to make major changes to ESPN's broadcasting strategy for live sports. Bob Iger has been reinstated as the CEO of the Walt Disney Company, replacing Bob Chapek after less than three years at the helm. Iger's return has boosted Disney's stock price by 6% in the past day with experts predicting major strategic changes within the company. The cost of these rights deals have also continued to shoot up amid the transition from linear TV to direct-to-consumer services. It actually strengthens the brand of ESPN when you have a betting component, and it has no impact on the Disney brand."

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