Bob Iger On Linear Television, ESPN And Disney’s Streaming Pivot – “Thinking Expansively And Considering A Variety Of Strategic Options”

Disney has been hit again with another lawsuit from investors over the alleged sleight of hand accounting the company used to hide streaming losses.

EXCLUSIVE: Nautilus, the U.K. live-action Captain Nemo series commissioned by Disney+ two years ago, is no longer headed to the streamer, Deadline has learned.

EXCLUSIVE: Amid a focus on content curation and Disney-owned IP, Disney+ is not proceeding with The Spiderwick Chronicles, its live-action series adaptation of the popular children’s fantasy books, Deadline has learned.

Universal Studios Group Chair Pearlena Igbokwe has said there is determination from all sides to find an “equitable” solution to the Hollywood labor strikes.

Disney+ has “pretty much” hit its target of creating 50 original international titles, according to its Europe content boss.

mockumentary comedy “Underdeveloped,” premiering Sept. 8 on free streamer Tubi.He is also a member of both the Writers Guild of America and SAG-AFTRA, both of which remain on strike.

Gene Maddaus Senior Media Writer TSG Entertainment, which has invested more than $3 billion in 140 Fox films including “Avatar: The Way of Water” and “The Shape of Water,” accused Disney in a lawsuit on Tuesday of using Hollywood accounting tricks to cheat it out of hundreds of millions of dollars. The slate financier alleged that Disney had engaged in “self-dealing” by diverting Fox films from a lucrative HBO license to its own Disney+ and Hulu platforms. The lawsuit also alleges that Fox engaged in “sweetheart” deals when it licensed its films to the FX cable channel.

So it looks like there might be a big change to the planned Marvel/Disney+ release schedule in 2023.

Florida Governor Ron DeSantis urged The Walt Disney Co. to drop its lawsuit against him, while telling CNBC that he has “moved on” from his battle with company and that it should drop the lawsuit against him.

As the ongoing WGA strike hits 100 days, the entirety of Hollywood wonders how long both that and the SAG-AFTRA strike will last. In the case of WGA, this strike is no officially longer than the 2007-2008 strike, but has a ways to go before it hits the 1988 writers’ strike 153 days, the longest in the union’s history.  Disney CEO Bob Iger hopes neither strike lasts that long, though.

Todd Spangler NY Digital Editor Disney is coming for the streaming password-sharing freeloaders. Taking a page from Netflix’s playbook, Disney chief Bob Iger announced that the media conglomerate has put a priority on finding ways to convert password-borrowing users into paying customers.

Hulu will increase its ad-free subscription from $14.99 to $17.99 per month.Disney+ will also see a jump from $10.99 to $13.99 for its monthly ad-free plan.And before you and your close circle decide to chip in for a shared account, you should know that Disney CEO Bob Iger also announced Wednesday that the company is “actively exploring ways to address account sharing and the best options for paying subscribers to share their accounts with friends and families.”In other words: a crackdown on password sharing, perhaps similar to what Netflix introduced in May, is coming to Hulu. What’s more, the company introduced a new ad-free Disney+ and Hulu bundle — without ESPN+ — called “Duo Premium,” available Sept.

Disney interim chief financial officer Kevn Lansberry said the company is “very comfortable with our current liquidity position” as the time approaches for it to buy Comcast’s one-third stake in Hulu.

“It is my fervent hope that we quickly find solutions to the issues that have kept us apart these past few months, “said Bob Iger today of the Writers Guild and actors’ union’s strikes on Disney’s earnings call. “And I am personally committed to achieve this result.”

Disney is following through on stated plan to raise streaming prices (welcome news to investors if not to many consumers), as well as launching a bundled version of Disney+ and Hulu and expanding the ad-supported version of Disney+ to Europe and Canada.

Jennifer Maas TV Business Writer Disney CEO Bob Iger addressed the ongoing writers and actors strikes during the Mouse House’s quarterly earnings call Wednesday, just as the WGA’s work stoppage hit the 100-day mark. “Nothing is more important to this company than its relationships with the creative community. That includes actors, writers, animators, directors and producers,” Iger said.

Todd Spangler NY Digital Editor Disney, trying to swing its streaming business into the black, has set substantial price hikes for Disney+ and Hulu standalone premium plans in the U.S. — while also rolling out a heavily discounted Disney+/Hulu ad-free combo bundle. As of Oct.

Cynthia Littleton Business Editor The Walt Disney Co. saw its streaming losses narrow in the second quarter amid an exodus of 12.5 million subscribers from its Disney+ Hotstar streaming platform in India. For the quarter, Disney exceeded Wall Street’s targets on earnings per share but missed on revenue.

Disney saw direct-to-consumer losses shrink and adjusted EPS top estimates for the three months ended in June as CEO Bob Iger said the company’s on track to exceed $5.5 billion in anticipated cost savings.

Zack Sharf Digital News Director Billy Porter revealed in a recent interview with Evening Standard that he has to sell his house amid the ongoing strikes in Hollywood in order to save money. Porter, an Emmy winner for his work on FX’s “Pose,” was speaking to the outlet to promote his music career and stayed clear of discussing any of his film and television work. When the topic of the strikes was brought up, Porter said he’s having to take cost-saving measures in his real life as various projects he was set to work on in September have been tabled.