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Search resuls for: "Iger's"


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☆ Don't ignore Paramount because 'short-termism' is having a challenge, says GAMCO's Gabelli
  + stars: | 2022-11-22 | 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 EmailDon't ignore Paramount because 'short-termism' is having a challenge, says GAMCO's GabelliMario Gabelli, GAMCO Investors chairman and CEO, joins 'Closing Bell' to discuss his thoughts on Bob Iger's return to Disney, the streaming service picture and more.
☆ Disney, Comcast should keep their joint venture in Hulu, says Engine Media's Tom Rogers
  + stars: | 2022-11-22 | 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, Comcast should keep their joint venture in Hulu, says Engine Media's Tom RogersTom Rogers, Engine Gaming & Media executive chairman, and Claire Atkinson, Insider chief media correspondent, join CNBC's 'Squawk Box' to discuss Bob Iger's return to Disney and what it means for the company's future.
☆ Jim Cramer weighs in on Bob Iger's first moves as returning Disney CEO
  + stars: | 2022-11-22 | 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 EmailJim Cramer weighs in on Bob Iger's first moves as returning Disney CEOCNBC's Jim Cramer and the 'Squawk on the Street' team discuss Disney CEO Bob Iger's first restructuring moves after returning to the company on Monday.
☆ The death of Twitter won't be as messy as many expect. Here's what its demise could look like.
  + stars: | 2022-11-22 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +5 min
Today, we're talking about what the downfall of Twitter could look like — and it's probably not what you think. Reporting from my colleagues Matt Weinberger and Kali Hays suggests the site probably won't crash and burn in spectacular fashion. The death of Twitter won't be the dramatic explosion you might expect. A leaked email shows Twitter employees must send Elon Musk weekly updates of everything they've worked on. In other Musk news, the billionaire told Twitter employees that he's done with layoffs for now, and he tweeted Monday that the Twitter Blue relaunch is on hold.
☆ Hightower's Stephanie Link buys shares of Disney, says they're 'attractive' after Bob Iger's return
  + stars: | 2022-11-22 | by ( Sarah Min | ) www.cnbc.com   time to read: +2 min
Stephanie Link, chief investment strategist at Hightower, bought shares of Disney , calling them attractive after the return of Bob Iger signaled a clean-up at the media company. Shares of Disney closed up more than 6% Monday following the CEO change announcement, but they are down more than 2% during Tuesday trading. Brown expects that the CEO change could signal "transformative transactions" ahead at the media company, probably within the "first couple of quarters" of Iger's return. Over his previous tenure at Disney, Iger led notable acquisitions in Pixar, Marvel and Lucasfilm. Separately in the same "Halftime Report" episode, Brown named CrowdStrike the best of the cybersecurity names.
☆ Many Disney insiders are cheering Iger's return but still bracing for a tough January with cost cutting
  + stars: | 2022-11-22 | by ( Lucia Moses | Claire Atkinson | Alison Brower | ) www.businessinsider.com   time to read: +5 min
Bob Iger's return as Disney's CEO was met with surprise and relief by current and former employees. News of Bob Iger's return as Disney's CEO shocked the media world, but for many inside the company, the news touched off a mix of surprise as well as relief. Insider spoke with eight current and recently departed Disney employees about their reactions, hopes, and concerns for what's next. One theme park designer and former Disney employee, Taylor A. Baird, said he "almost cried" upon hearing about Iger's return because of his past success running the company. And there's still worry about where cuts will hit and how deep, and what's in store for Disney's streaming business.
☆ Bob Iger isn't the only CEO who was asked to come back. Here are 5 men who returned to run their former companies.
  + stars: | 2022-11-22 | by ( Alexandra York | ) www.businessinsider.com   time to read: +2 min
Bob Iger's return isn't unusual. Here are four other boomerang CEOs who've returned to the companies they once ran. Iger acted as Disney's CEO from 2015 to 2020. In the most recent quarter, the streaming service lost $1.47 billion, which is more than double the loss from 2021. Iger is one of a handful of boomerang CEOs who've returned to the companies they once ran.
☆ Bob Iger needs to fix Disney's 'Star Wars' problem
  + stars: | 2022-11-22 | by ( Travis Clark | ) www.businessinsider.com   time to read: +4 min
He said then that a movie-a-year strategy for "Star Wars" was "too much, too fast." But Disney might have slammed on the brakes a little too hard: The only "Star Wars" movie to be released since then has been "Star Wars: The Rise of Skywalker," in 2019. And now, there isn't a "Star Wars" film on the theatrical release calendar until 2025. It's unclear if Iger foresaw a six-year wait, at least, when he said back in 2018 that "Star Wars" movie output would slow. But Lucasfilm hasn't made any public commitment to any of them as the next stage of "Star Wars" on the big screen.
☆ 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.
☆ Base comp at boutique banks has soared. Here's how much 9 firms are paying analysts, associates, and VPs.
  + stars: | 2022-11-22 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +4 min
We've talked before about why boutique banks oftentimes rank higher among workers than their bulge-bracket peers. But it's still fascinating to see how these smaller players stack up to bulge-bracket banks, where the going rate for base comp among first-year analysts is $110,000. Boutique bankers will say you can't put a price on face time with key executives and dealmaking experience that goes beyond just revising decks. Bulge-bracket bankers will say having a high-profile firm on your résumé opens up doors that boutique bankers aren't even aware of. thxClick here to take a peek at salaries at nine top boutique investment banks.
☆ Wall Street slips as concerns rise of stricter China COVID curbs
  + stars: | 2022-11-21 | by ( Carolina Mandl | ) www.reuters.com   time to read: +4 min
U.S. casino operators with businesses in China including Wynn Resorts Ltd (WYNN.O), Las Vegas Sands Corp (LVS.N), MGM Resorts International (MGM.N) and Melco Resorts & Entertainment Ltd all fell at least 2%. [1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 21, 2022. Energy was the only major S&P 500 sector eying gains for the year, surging around 63%. Declining issues outnumbered advancing ones on the NYSE by a 1.27-to-1 ratio; on Nasdaq, a 1.60-to-1 ratio favored decliners. The S&P 500 posted 9 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 96 new highs and 220 new lows.
☆ Disney brings back Bob Iger as CEO in surprise move to boost growth
  + stars: | 2022-11-21 | by ( Lisa Richwine Dawn Chmielewski | Lisa Richwine | Dawn Chmielewski | ) www.reuters.com   time to read: +5 min
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.
☆ China COVID cases weigh on Wall St; Disney jumps
  + stars: | 2022-11-21 | by ( Carolina Mandl Ankika Biswas | Carolina Mandl | Ankika Biswas | ) www.reuters.com   time to read: +4 min
[1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 21, 2022. "That's a piece of what's driving the tech stocks down because we rely so much on China and Taiwan for critical components." Energy was the only major S&P 500 sector eying gains for the year, surging around 63%. Declining issues outnumbered advancing ones on the NYSE by a 1.26-to-1 ratio; on Nasdaq, a 1.57-to-1 ratio favored decliners. The S&P 500 posted 9 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 76 new highs and 194 new lows.
☆ Energy shares, China COVID cases weigh on Wall St; Disney jumps
  + stars: | 2022-11-21 | by ( Ankika Biswas Shreyashi Sanyal | Ankika Biswas | Shreyashi Sanyal | ) www.reuters.com   time to read: +3 min
[1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 21, 2022. Energy was the only major S&P 500 sector eying gains for the year, surging around 58%. Travel stocks including American Airlines Group Inc (AAL.O) and Norwegian Cruise Line Holdings Ltd (NCLH.N) fell 0.5% and 1.2%, respectively. Keeping declines on the Dow Jones Industrial Average (.DJI) and S&P 500 (.SPX) in check was a 5.8% jump in Walt Disney Co (DIS.N) after Bob Iger's return as chief executive to the entertainment giant. The S&P index recorded eight new 52-week highs and two new lows, while the Nasdaq recorded 68 new highs and 156 new lows.
☆ Jim Cramer says he’s bullish on Disney after Iger’s return as CEO
  + stars: | 2022-11-21 | by ( Krystal Hur | ) www.cnbc.com   time to read: +1 min
CNBC's Jim Cramer said Monday that he's sticking by Disney after the company welcomed Bob Iger back to the chief executive role. The company on Sunday announced Iger's return as chief executive, effective immediately. He also criticized the former Disney head for not taking responsibility for his mistakes on the company's post-earnings conference call. And while he's pleased with Iger's return, Cramer reminded investors that there's still work to do for the company to cut costs and prioritize profitability, particularly as it relates to the company's streaming business. "Iger set lofty goals for profitability for Disney+.
☆ Disney's creative side expresses excitement over Iger's return
  + stars: | 2022-11-21 | 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's creative side expresses excitement over Iger's returnCNBC's Julia Boorstin, joins 'TechCheck' to discuss upward stock activity in Disney, and Bob Iger's top focus as he resumes duties as Disney CEO.
☆ Jim Cramer explains what he believes were Bob Chapek's missteps at Disney
  + stars: | 2022-11-21 | 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 EmailJim Cramer explains what he believes were Bob Chapek's missteps at DisneyCramer explained why he believes Bob Chapek was unfit to lead Disney, a day after the company announced Bob Iger's return to the CEO position.
☆ Disney brings back Bob Iger as CEO in bid to boost growth
  + stars: | 2022-11-21 | by ( Lisa Richwine Dawn Chmielewski | Lisa Richwine | Dawn Chmielewski | ) www.reuters.com   time to read: +5 min
He will replace Bob Chapek, who took over as Disney CEO in February 2020 just as the COVID-19 pandemic hit, leading to park closures and restrictions on visitors globally. 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. IGER'S RETURNSIger exited Disney on a high note as the company led the battle against Netflix in the streaming wars. 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.
☆ Here's what's next for Disney after Iger's return
  + stars: | 2022-11-21 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's what's next for Disney after Iger's returnEngine Gaming's Tom Rogers looks at what investors can expect from Disney now that Iger's back at the helm. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Courtney Garcia, Dan Nathan and Guy Adami.
☆ Financial Times' Alex Barker on Bob Chapek's shocking exit as Disney CEO
  + stars: | 2022-11-21 | 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 EmailFinancial Times' Alex Barker on Bob Chapek's shocking exit as Disney CEOAlex Barker, Global Media Editor for the Financial Times, joins Worldwide Exchange to discuss former Disney CEO Bob Iger's return to the company following Bob Chapek's exit.
☆ 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:
☆ Investors are calmed by Iger's Disney return, says Kara Swisher
  + stars: | 2022-11-21 | 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 EmailInvestors are calmed by Iger's Disney return, says Kara SwisherKara Swisher, New York Magazine editor-at-large and host of the podcasts "Pivot" and "On with Kara Swisher," joins 'TechCheck' to discuss what comes next for Disney, the motivations behind Iger's return as CEO and the critical importance of streaming.
☆ What Disney could look like back in the hands of Bob Iger
  + stars: | 2022-11-21 | 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 EmailWhat Disney could look like back in the hands of Bob IgerMorris Mark, Mark Asset Management founder and managing partner, joins 'Squawk on the Street' to discuss Bob Iger's return to Disney, board sentiment about his return, and Disney's plan to generate capital from streaming.
☆ Bob Iger is going to face tough choices at Disney, says Michael Nathanson
  + stars: | 2022-11-21 | 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 EmailBob Iger is going to face tough choices at Disney, says Michael NathansonMichael Nathanson, MoffettNathanson founding partner and senior research analyst, joins CNBC's 'Squawk Box' to react to Bob Iger's return to Disney as CEO.
☆ Disney's Iger may have to cut costs as streaming loses money
  + stars: | 2022-11-21 | by ( ) www.reuters.com   time to read: +2 min
Nov 21 (Reuters) - Bob Iger must show Wall Street a new side to his character as he returns to lead Walt Disney Co (DIS.N) by cutting costs and restoring profits in just two years after splurging cash on acquisitions and a streaming business last time round. The entertainment giant shocked investors late on Sunday evening announcing the ouster of Chief Executive Bob Chapek and appointing Iger, 71, to a two-year contract to return the company to growth. read moreThe move evoked other return engagements such as Steve Jobs' return to Apple and Howard Schultz's return to Starbucks in times of crisis. The most immediate target of that could be Disney+, the streaming service that Iger helped launch in 2019. Some brokerages have also raised concern on whether the two-year period Iger has agreed to return for would be enough to transform the business and find a successor.
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