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☆ Big M&A and Bob Iger's future: 13 media executives make their anonymous 2024 predictions
▼ + stars: | 2023-12-20 | by ( Alex Sherman | ) www.cnbc.com time to read: +14 min

Executive 2: Bob Iger will, again, extend his contract as Disney CEO Earlier this year, Disney CEO Bob Iger renewed his contract through 2026. This executive predicted "fool me five times, shame on me." This executive predicted Peltz and Rasulo will win their campaign and both join the board. This person predicted Disney would purchase privately held Candle Media to acquire Moonbug Entertainment, the owner of CoComelon. This executive predicted Yaccarino would either lose patience or find her job increasingly pointless and leave the company in 2024.

Persons: Andrew Ross Sorkin, Walt Disney Company Bob Iger, Michael M, David Zaslav, Slaven Vlasic, NBCUniversal, Brian Roberts, Roberts, Donna Langley, Bob Iger, Iger, Nelson Peltz, Jay Rasulo, Marco Bello, Peltz, Rasulo, Disney's, Dana Walden, Dana Walden Jason Laveris, Disney Entertainment Dana Walden, Walden, Bob Chapek, Andrew Wilson, Wilson, Chris Licht wouldn't, McCarthy, Andrew Wilson Michael Newberg, Kevin Mayer, Mayer, Bryan van der Beek, Tom Staggs, Staggs, Jayson Tatum, Kyle Terada, NBCUniversal's Peacock, Alec Martinez, Gray, Discovery's Max, Jeff Zucker, Lady Michelle Obama's, Michelle Obamas, Cheriss, Gerry Cardinale, Jeff Shell, RedBird, Shari Redstone's, David Ellison, Byron Trott, Zucker, Mark Thompson, Linda Yaccarino, X Linda Yaccarino, Vox, Jerod Harris, Yaccarino, CNBC's Julia Boorstin, Boorstin, Elon Musk's, Jason LaVeris, Barbie, Mario, Oppenheimer, LightShed's Greenfield Organizations: Walt Disney Company, New York Times, Santiago, Getty, Jazz, Lincoln Center, Warner Bros ., Comcast, Warner Bros, Discovery, Disney, Trian Fund Management, Future Investment Initiative, Summit, Bloomberg, Filmmagic, Disney Entertainment, Electronic Arts, CNBC, Candle Media, Iger, Media, Moonbug Entertainment, Apple Boston Celtics, Golden State Warriors, USA, National Basketball Association, NBA, Apple, The College, ESPN, College, NHL, MLB, Vegas Golden Knights, Florida Panthers, Mobile, National Hockey League, Diamond Sports Group, Scripps, Gray Television, Las Vegas Golden Knights, Arizona Coyotes, Phoenix Suns, Street Journal, Netflix, Hulu, Max, Paramount, RedBird, Paramount Global, CNN Worldwide, CNN, NurPhoto, BDT, The Ritz, Carlton, FilmMagic, Mario Bros Locations: New York City, Disney, Miami , Florida, Las Vegas , Nevada, Laguna Niguel, Dana Point , California

☆ Bob Iger says 'The Marvels' had little 'supervision' and Disney has made too many sequels
▼ + stars: | 2023-11-29 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

of The Walt Disney Company Bob Iger speak during the New York Times annual DealBook summit on November 29, 2023 in New York City. One year after returning to the helm of Disney , Bob Iger said Wednesday his top priority at the company is revitalizing its film studio after a string of box office disappointments including "The Marvels" and "Wish." "The experience of accessing [the films] and watching them in the home is better than it ever was," he told Andrew Ross Sorkin at The New York Times' DealBook Summit. In increasing its output to feed Disney+, Iger said the company "diluted" its quality, particularly when it came to its Marvel Cinematic Universe features. Iger returned as CEO a year ago as the board fired Chapek.

Persons: Andrew Ross Sorkin, Walt Disney Company Bob Iger, Bob Iger, Iger, Covid, Bob Chapek Organizations: Walt Disney Company, New York Times, Disney, The New York Times, Marvel Locations: New York City

☆ Disney asset sales won't break the bank, but they will move legacy media forward
▼ + stars: | 2023-09-17 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Disney 's motivation to potentially sell ABC and its owned affiliates, linear cable networks and a minority stake in ESPN isn't predicated on what these assets will fetch in a sale. It's about signaling to investors the time has come to stop thinking about Disney as old media. Rather, a sale of ABC and linear cable networks would be a message to the investment community: The era of traditional TV is over. "Disney almost has a good bank and a bad bank at this point," Wells Fargo analyst Steven Cahall said in a CNBC interview. Nexstar has held preliminary conversations with Disney to acquire ABC and its owned and operated affiliates, Bloomberg reported Thursday.

Persons: Walt Disney Company Bob Iger, Mickey Mouse, that's, Bob Iger, Wells, Steven Cahall, Disney, Byron Allen Organizations: Walt Disney Company, New York Stock Exchange, ABC, ESPN, Disney, CNBC, Nexstar, Bloomberg, . Media, Geographic Locations: New York City

☆ 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.

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