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How to focus with a short attention span
  + stars: | 2023-01-11 | by ( Sandee Lamotte | ) edition.cnn.com   time to read: +6 min
In her book “Attention Span: A Groundbreaking Way to Restore Balance, Happiness and Productivity,” Mark explains how decades of research have tracked the decline of the ability to focus. “In 2004, we measured the average attention on a screen to be 2½ minutes,” Mark said. “In fact, our research shows it takes 25 minutes, 26 seconds, before we go back to the original working sphere or project,” Mark said. “And then you go back and pick up the original interrupted project,” Mark said. For over 25 minutes, you’re actually working on other things.”(At least I can tell my boss that when I miss my deadline.)
Persons: CNN — I’ve, , Gloria Mark, Mark, ” Mark, , you’re, there’s, “ You’re, it’s, Bora Bora, ” It’s, Organizations: CNN, Pixar, University of California, Adobe Stock Locations: Irvine, Bora
Hollywood and movie theaters can learn a lot from hits like "Top Gun: Maverick" and others. Still, looking at what has been released can teach Hollywood some lessons for the coming year and beyond. In 2020 and 2021, Disney had released Pixar movies straight to Disney+, so maybe families have been trained to wait to watch Disney animated films at home. A recalibration of its strategy — keeping movies in theaters longer — could be needed to make moviegoing more appealing. It cost just $15 million to make and earned $85 million globally, $62 million of which was in the US.
Bob Iger returned to Disney as CEO in November, ending Bob Chapek's rocky tenure. In one of the most dramatic reversals in corporate history, the Walt Disney Co. board reinstated Bob Iger as CEO in November, ousting his predecessor Bob Chapek. Disney had just reported a $1.5 billion loss in its streaming business on a November 8 earnings call. Wall Street faulted him for waiting until after the 3Q earnings call to announce that layoffs were planned, for example. Read more about what Disney, Hollywood, and Iger expect from Iger:
Disney stock is down 45% this year and on track for its worst annual performance since 1974. The shares have been hit by pandemic disruptions, management issues, and the wider market downturn. The painful selloff has erased about $200 billion from Disney's market capitalization since March 2021. Yet investors have balked at the streaming service's rising costs, which fueled a hefty $1.5 billion operating loss in Disney's streaming division last quarter. Disney stock has also been caught up in a wider market downturn.
Disney should spin off ESPN and ABC, analyst says
  + stars: | 2022-12-20 | by ( Paul R. La Monica | ) edition.cnn.com   time to read: +4 min
But one Wall Street analyst has an idea for how Disney could get back on track. Wells Fargo’s Steven Cahall thinks Disney should spin off cable sports giant ESPN and traditional TV network ABC… two slow-growth (and some would argue, dying) businesses. Cahall wrote in his report that “we think Bob Iger is returning to {Disney] ready to make big changes. ESPN, in theory, may have an easier time negotiating with sports leagues as part of a pure play media network. “We think ESPN and ABC are integrally linked as the broadcast [network] improves negotiations in sports rights, and we’re seeing more of those sports on both networks,” he wrote.
Candle Media has acquired intellectual property assets including Reese Witherspoon's Hello Sunshine production company and Moonbug, which owns the animated kids series "CoComelon." Executive 3: Iger extends his contract There's been lots of speculation over who Iger will choose as his successor. History suggests he has a hard time leaving the role of Disney CEO. Christine M. McCarthy, Senior Executive Vice President and Chief Financial Officer The Walt Disney Company. "I love Shari [Redstone], but ViacomCBS is not long for this world as it stands today," said a media executive last year.
Disney CEO Bob Iger has returned to a company facing significant pressures on its linear and streaming businesses. He'll also need to unwind the business structure implemented in 2020 by his short-lived predecessor, Bob Chapek — which separated budgeting and distribution decisions from creative content development. Alan Bergman, chairman, Disney Studios ContentAlan Bergman. Disney Interactive/Reuters/Jonathan AlcornPitaro is close to Iger, has a long tenure at Disney, and has a foot in both creative and business sides. Dana Walden, chairman, Disney General Entertainment ContentDana Walden.
Sixteen of the 77 films released by those studios (20.8%) featured 28 LGBTQ characters, the report found. That percentage is down slightly from 2020, during which 10 of the 44 theatrical releases (23%) featured 20 LGBTQ characters, according to the report. Of the 16 films that included LGBTQ characters in 2021, 11 films (69%) included gay male characters, four (25%) included lesbian characters and two (13%) included bisexual characters, according to the report. For the second year in a row, GLAAD found that there were zero LGBTQ characters with disabilities or LGBTQ characters living with HIV represented in the year’s films. The majority of the 28 characters, 17, received fewer than five minutes, and six of those characters received less than a minute of screen time.
Former Disney CEO Bob Iger is back in his old job, in a move that shocked the media world. From cost cuts to streaming to a solid future succession plan, here's what they hope the CEO will tackle. Following the stunning November 20 announcement that former Disney CEO Bob Iger would be returning to his old job, the happiest place on earth might actually be Wall Street. "What I like about Bob Iger is Bob Iger has always been direct, he's been honest, he's been willing to make tough choices," Michael Nathanson, a senior research analyst and co-founder of the firm, said in a CNBC interview. Are you a Disney insider with insight to share about Bob Iger's return?
It's also a key part of the firm's push to attract retail investors, Insider's Rebecca Ungarino reports. Bloomberg previously reported that both firm CEO Steve Schwarzman and President Jon Gray have each put $100 million of their own money into BREIT since July. But as nice as it is to have the bosses' money backing your fund, that's not the target audience. And while there is a lot of upside to attracting retail investors — its private wealth arm has quadrupled in size to $233 billion in assets in four years — there are risks, too. Click here to read more about the recent headwinds facing Blackstone's big bet to attract retail money.
New York City is hiring a "director of rodent mitigation" for a salary of between $120,000 and $170,000. Rat sightings are up 71% this year from 2020, according to data from the NYC Department of Sanitation. A rat is seen by a trash bin in New York City on October 19, 2022. Lokman Vural Elibol/Anadolu Agency via Getty ImagesWhile New York City has long been synonymous with rats, sightings have skyrocketed. Sanitation Commissioner Jessica Tisch made an anti-rat statement in November that went viral, and became the subject of countless memes, New York City marathon signs — and now a shirt.
Disney CEO Bob Iger has said he will put "decision-making back in the hands of our creative teams." Under former CEO Bob Chapek's structure, distribution and budgets were taken out of the hands of creative execs. Chapek's 2020 restructuring — which focused the company's firepower on boosting streaming subscriber growth at Disney+, Hulu, and ESPN+ — meant additional layers of approval for studio and network execs at Disney General Entertainment (DGE) to get projects made. That meant hands were tied across Disney's studios and networks, from Disney+ to 20th Century to Hulu. For creative execs whose careers were built on their ability to balance storytelling and business needs, losing control over the latter was frustrating.
The returning CEO will have to unwind the business structure implemented by Bob Chapek while finding a successor. Disney CEO Bob Iger returns to a company facing significant pressures on its linear and streaming businesses. He'll also need to unwind the business structure implemented in 2020 by his short-lived predecessor, Bob Chapek — which separated budgeting and distribution decisions from creative content development. Alan Bergman, chairman, Disney Studios ContentAlan Bergman. Dana Walden, chairman, Disney General Entertainment ContentDana Walden.
New York CNN Business —Bob Iger has a lot on his to do list in his second round as Disney’s CEO. Finding the next Bob Iger. Josh D’AmaroLet’s start with Josh D’Amaro, chairman of Disney’s Parks, Experiences and Products, who took over that role from Chapek when he became CEO. Jimmy Pitaro & Dana WaldenThere also are two executives from Disney’s TV side: Jimmy Pitaro, chairman of ESPN and Sports Content, and Dana Walden, chairman of Disney General Entertainment Content. The next Bob IgerIs it even possible to replace Bob Iger?
Disney's "Lightyear" and "Strange World" have flopped at the box office this year. Its latest animated movie, "Strange World," opened over the Thanksgiving weekend with $18 million over the five-day holiday in the US. This year was the first real test of the pandemic era to see if Disney's animated films could attract large swaths of consumers to theaters. In 2020 and 2021, Disney's animated movies either went straight to Disney+ or received a hybrid release on streaming and in theaters. But this year, Disney's movies have typically been released in theaters for 45 days before debuting on the streaming service.
On a company call Monday, Disney CEO Bob Iger said inclusion is a "core value." Iger told employees that inclusion and acceptance are among the "core values" at the company, according to CNBC. Florida lawmakers voted to rescind the special tax status of Disney World in Orlando. Disney/PixarMost Americans support LGBTQ rightsFor Disney's leadership, losing the company's special tax status in the state carries financial repercussions. He's also bold and wildly empathetic," Don Hall, director of "Strange World," told Variety, speaking about the film's openly gay main character.
Following criticism of its past handling of LGBTQ issues, Disney CEO Bob Iger on Monday told employees that inclusion and acceptance are among the "core values" of the company's storytelling. Disney's recent inclusion of unambiguously gay characters in animated films has also drawn criticism from anti-LGBTQ activists. On Monday, Iger told employees that he is still getting up to speed on the upcoming dissolution Reedy Creek district. On Monday, Iger pointed to films like "Black Panther" and "Coco" as examples of Disney projects that "changed the world for good." Iger said that the company's creative decisions won't make everyone happy, but that its studios will not lessen their core values.
This year's Thanksgiving box office was both feast and famine for Walt Disney . The week of Thanksgiving is typically a robust time at the box office. This year, the domestic Thanksgiving box office tallied around $121 million. The streamer declined to share box office receipts for the latest Rian Johnson film, although it is believed to have tallied between $13 million and $15 million during the five-day stretch. These decisions have led to a lot of confusion for audiences when animated Disney films have been released theatrically.
Disney's newly reappointed CEO, Bob Iger, could face further backlash against LGBTQ content. Iger needs to support LGBTQ rights or risk upsetting employees and millions of Americans. Florida lawmakers voted to rescind the special tax status of Disney World in Orlando. Disney/PixarIger needs to understand that most Americans support LGBTQ rightsFor Disney's leadership, losing the company's special tax status in the state carries financial repercussions. There is a slice of American conservatives who are against LGBTQ rights.
There are perhaps hundreds of qualified candidates for the job of Disney's CEO. After all, returning CEOs have mixed track records. Iger was Disney's CEO for 15 years — presumably, he won't need much onboarding. In the best-case scenario, the returning CEO has learned more in the time since leaving the post. Indeed, there's always the risk that a returning CEO leans too heavily on their former experience.
[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's media sales boss to exit in Iger shake-up
  + stars: | 2022-11-22 | by ( ) www.reuters.com   time to read: +1 min
Nov 21 (Reuters) - A day after returning to the company, Walt Disney Co (DIS.N) Chief Executive Bob Iger moved to undo a corporate structure put in place by his hand-picked successor. Iger said the restructuring would result in changes to Disney Media & Entertainment Distribution, a unit former CEO Bob Chapek formed in October 2020 to centralize all film and television sales and distribution. Bank of America analyst Jessica Reif Ehrlich said Iger's decisive action resembles his management approach during his first stint as Disney's CEO. During that time, he quickly calmed tensions with Pixar Animation Studio's chief executive, Steve Jobs. Reporting by Dawn Chmielewski in Los Angeles; Editing by Mark Porter and Sam HolmesOur Standards: The Thomson Reuters Trust Principles.
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.
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.
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.
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