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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.
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+.
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:
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.
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.
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+.
Disney announced Sunday that Bob Iger would return as CEO, replacing his successor Bob Chapek. Less than three years later, Chapek is out, and Iger, who led Disney through unprecedented success, is back in. By 2021, with theatrical attendance still rocky, Disney aimed to release some movies in theaters and, for a fee, onto Disney+ simultaneously. Star Scarlett Johansson sued Disney, claiming the move breached her contract, as her salary was based on a portion of box-office earnings. It also led to creatives speaking out on the lack of LGBTQ+ representation in Disney movies.
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 announcement late Sunday night 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 on Monday. Are you a Disney insider with insight to share about Bob Iger's return?
Disney’s tale of two Bobs
  + stars: | 2022-11-21 | by ( Allison Morrow | ) edition.cnn.com   time to read: +6 min
This was a big surprise Sunday night, for a few reasons:1) Iger has previously dismissed the idea of going back to Disney. Then, he kept going: Iger’s Disney acquired Lucasfilm, home of the Star Wars franchise, for a little over $4 billion. Disney shares surged 9% Monday morning, reflecting investors’ hopes that Iger will swoop in and work his magic. The Trump news was no surprise — even before buying Twitter, Musk made clear he would reinstate Trump and rethink the site’s content-moderation policies. And if Musk’s strategy is to stoke controversy, he’s already brought out the big guns in letting Trump back on.
Pixar co-Founder on how technology can support creativity
  + stars: | 2022-11-18 | 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 EmailPixar co-Founder on how technology can support creativityEli Lilly and Company Chief Information and Digital Officer Diogo Rau talks to Pixar co-Founder Ed Catmull about his best advice for technologists, why companies should forego class structures, and Toy Story.
The 37th annual “Trouble in Toyland” toy safety report by Washington-based US Public Interest Research Group (PIRG) warned parents to be especially mindful of this hidden danger. PIRG said that in October it was able to buy more than 30 recalled toys from several US-based online sellers, noting that it is illegal for retailers and online marketplaces to sell toys that have been recalled. “None of the other sellers flagged, stopped or sent a warning about any of our other purchases of recalled toys,” the report said. Consumer watchdog group US PIRG warns that dangerous recalled toys are still available for purchase online. The recall covered a variety of the plush duck characters, including Accident Duck, Business Duck, Fishing Duck, Police Duck, PGA Duck, One Day Pay Duck, Heisman Duck and Lifeguard Duck.
Musk is currently the CEO of three different companies: SpaceX, Tesla, and, of course, Twitter. But like many CEOs, he's accumulated a huge fortune by juggling several companies and directorships at once. While Musk may be an extreme case, he's also the perfect example of the modern CEO: a chaotic blend of unproductive micromanagement and highly-paid absenteeism. In the extreme, some CEOs like Musk have taken on the management of multiple large companies. And Musk isn't the only executive who would be better served focusing on one task.
Being a YouTube video editor can be lucrative and become a full-time job, with the right tricks. The jobs in the YouTube space range from "YouTube producer," to "thumbnail designer," or "video editor." How to become a YouTube video editorBecoming an established editor often depends on building the right connections. Rhyze explains how he sets his rates as an editorA good video editor also knows that editing for YouTube is very different than editing other forms of video entertainment. Read how much Vulpis he makes per month, and the differences between filmmaking and YouTube editingOther YouTube jobs: Thumbnail designerBeing a video editor is not the only way to build a career working "behind the scenes" of a YouTube video.
Disney plans to freeze hiring and cut jobs, memo shows
  + stars: | 2022-11-12 | by ( ) edition.cnn.com   time to read: +3 min
Disney (DIS) is planning to freeze hiring and cut some jobs as it strives to move the Disney (DIS)+ streaming service to profitability against a backdrop of economic uncertainty, according to a memo seen by Reuters on Friday. Chief Executive Bob Chapek sent the memo to Disney’s leaders, saying the company is instituting a targeted hiring freeze and anticipates “some small staff reductions” as it looks to manage costs. Disney has said the fast-growing service added 12 million subscribers in its fiscal fourth quarter but reported an operating loss of nearly $1.5 billion. The company said Disney+ would become profitable in fiscal 2024, with losses having peaked in the quarter. Meta said this week it would cut more than 11,000 jobs, or 13% of its workforce to rein in costs.
Disney plans to freeze hiring and cut some jobs, memo shows
  + stars: | 2022-11-11 | by ( ) www.reuters.com   time to read: +3 min
Nov 11 (Reuters) - Walt Disney Co (DIS.N) is planning to freeze hiring and cut some jobs as it strives to move the Disney+ streaming service to profitability against a backdrop of economic uncertainty, according to a memo seen by Reuters on Friday. Chief Executive Bob Chapek sent the memo to Disney's leaders, saying the company is instituting a targeted hiring freeze and anticipates "some small staff reductions" as it looks to manage costs. Disney has said the fast-growing service added 12 million subscribers in its fiscal fourth quarter but reported an operating loss of nearly $1.5 billion. The company said Disney+ would become profitable in fiscal 2024, with losses having peaked in the quarter. Meta Platforms (META.O) said this week it would cut more than 11,000 jobs, or 13% of its workforce to rein in costs.
LOS ANGELES — Chris Evans may have put down Captain America’s shield but he’s got a new badge of honor: he’s been named People magazine’s Sexiest Man Alive. Evans, who for nearly a decade played Captain America in Marvel’s sprawling superhero films, takes the baton from another Avenger, Paul Rudd. “It’s ripe for harassment.”Among those likely to heckle him are co-stars and previous Sexiest Man Alive winners like Rudd, Ryan Reynolds and Chris Hemsworth. Evans’ first film role came in 2000′s “The New Comers” and he played superhero Johnny Storm in two “Fantastic Four” films released in 2005 and 2007. “It’s something that as I become old and saggy I can look back on and say ‘I remember then…’” Evans said.
Fresh off the career-threatening flop, Bird was hired by Jobs and Pixar co-founder Ed Catmull to write and direct a movie called "The Incredibles." "They were feeling like, 'We're in danger of falling into certain habits because we have the same group that are doing things ... but we want to shake things up.'" Jobs and Catmull told Bird they hired him because "The Iron Giant" showed a determination to find new ways to tell stories, Bird recalled. "I want people who are disgruntled because they have a better way of doing things and they're having trouble finding an avenue," Bird said. If you're doing it right, you are kind of an underdog," Bird said.
Disney+ subscribers can now get early access to Disney merchandise, for a limited time. It could be a big step towards Disney's Amazon Prime-like membership program. The company announced on Tuesday that Disney+ subscribers in the US now have early access to Disney merchandise available on its online store shopDisney, as part of a limited-time test. The Wall Street Journal reported in August that Disney was exploring a Prime-like membership program that would bundle Disney+ with discounts on merchandise and theme parks. Disney CEO Bob Chapek elaborated on the idea last week during WSJ's Tech Live conference, saying he wants to better integrate Disney's parks and merchandise experiences within the Disney+ app.
The "Day of the Dead Parade" in Mexico City on Oct. 29, 2022. Claudio Cruz / AFP - Getty Images"In Mexico, Nov. 1 and 2 are very special days because they celebrate All Saints’ Day and All Souls’ Day, respectively," said Diana Martínez, an academic at the Institute of Anthropological Research at the National Autonomous University of Mexico, or UNAM. By the 13th century, the Roman Catholic Church established Nov. 1 as All Saints’ Day. People take part in the "Day of the Dead Parade" in Mexico City on Oct. 29, 2022. He's worked at the cemetery from a very young age and has witnessed many Día de los Muertos celebrations.
[1/4] U.S. President Joe Biden and first lady Jill Biden distribute Halloween candy to visiting children at the South Portico of the White House in Washington, U.S., October 31, 2022. REUTERS/Leah MillisWASHINGTON, Oct 31 (Reuters) - President Joe Biden and first lady Jill Biden welcomed trick-or-treaters to the White House to celebrate Halloween on Monday, their first time hosting such a celebration since taking office. Treats were also distributed by representatives from the Department of Education, Department of Transportation, NASA, United States Secret Service, Peace Corps, White House Fire Brigade and White House staff among others. The South Portico of the White House was decorated with fall colors, pumpkins, various shades of autumn, and songs such as "Ring of Fire," "Psycho" and "Hall of the Mountain King" set the mood. Halloween has been celebrated at the White House since the mid-20th century, according to the White House Historical Association.
CNN —Disney finally has its first young plus-size heroine, and fans across the internet are elated. “Reflect” is a short film now on Disney+ about a young ballet dancer named Bianca who struggles with her body image. From Disney Animation/TwitterIn the short, Bianca is able to overcome her negative feelings and dance freely. “Sometimes you go to the dark place to get to the good place. And that just makes the good place that much more beautiful.”Disney has made multiple steps in recent years to improve the diversity of its characters in its animated films.
Pokémon Scarlet and Violet, the newest entries in Nintendo's long-running RPG series, are set to release on November 18. And Nintendo is kicking off Pokémon's ninth generation with Pokémon Scarlet and Pokémon Violet, both releasing on November 18, 2022. Here's a rundown of everything that I learned from that session, along with my first impressions of Pokémon Scarlet and Violet. Pokémon Scarlet and Violet: GameplayLet's start with the most important topic: What are Scarlet and Violet like to play? The games struggle to run smoothlyMy Pokémon Scarlet demo didn't play well.
A handful of natural gifts elevated Paul Newman’s career above the ranks of the mere movie star. They brought the young actor his smoldering fame: cerulean, intense and steady, they dared you to look away while he filled the screen. Much later in his career, Newman’s voice became an equally striking feature. Unlike the eyes, the voice had to be earned; it was no pretty boy’s birthright. Decades of smoking, drinking and pain produced a rusty baritone that could narrate its way to the very soul of a man’s regret.
David Stack, 24, works full time as a YouTube video editor under the alias Restricted Edits. This as-told-to essay is based on a conversation with David Stack, 24, a YouTube editor from Durham, North Carolina. When I started editing YouTube videos, I was just 13, and I thought it was cool how people were syncing up video-game clips to music. Since then I have been focusing on growing as a YouTube editor in terms of skills and incomeThis job has made me more of an introvert. Working with MrBeast was great, but I'd rather be a freelancerIt was a great experience, and I learned a lot.
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