Bob Iger Says Marvel Made “Too Many Sequels” & “No. 1 Priority” Is Turning Around The Brand

EXCLUSIVE: Two months after Julia Ormond sued CAA, Disney and Harvey Weinstein for negligence, breach of fiduciary duty, battery and more over a 1995 sexual assault by the now incarcerated Pulp Fiction EP, the uberagency and the Bob Iger-led corporation say they shouldn’t be a part of the suit and want out.

Thousands and thousands of past and present female Disney employees can sue the Mouse House for paying them less than men/

Anna Tingley If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission. Paris Hilton‘s eponymous kitchenware brand has joined a growing list of companies and brands to pull ads from X (formerly Twitter), amid concerns over antisemitic content on the platform. Hilton’s “Be an Icon” campaign, featuring videos and photos of the heiress-turned-entrepreneur posing with the pink-hued kitchen items, were pushed out on X up until last week.

The Marvels” won’t live up to its sparkling title.The Disney-produced superhero movie, from all indications, will wind up as the lowest-grossing Marvel Cinematic Universe movie in its entire 15-year history.While the film starring Brie Larson, Iman Vellani and Teyonah Parris opened less than a month ago — and has so far grossed a scant $80 million domestically and $197 worldwide — any hopes of it becoming a sleeper hit have disappeared.According to the Hollywood Reporter, the 33rd MCU film’s box office dropped a staggering 78% in its second weekend, and it’s only gotten worse from there.And Variety reported that Disney sent a note to press saying, “With ‘The Marvels’ box office now winding down, we will stop weekend reporting of international/global grosses on this title.”The previous record-holder for biggest MCU loser was 2008’s “The Incredible Hulk” starring Mark Ruffalo, with $80 million domestically and $264.7 million worldwide. The numbers for “The Marvels” are especially dire when you consider the boffo earnings of the studio’s most popular titles: “Avengers: Endgame” ($2.8 billion worldwide); “The Avengers” ($1.52 billion); “Avengers: Age of Ultron” ($1.4 billion).

The Marvels has been officially named the lowest-grossing installment in Marvel Cinematic Universe’s history.The movie, which stars Brie Larson, Zawe Ashton and Teyonah Parris, was not predicted to perform well in the box office.Against a $220million budget, the movie has grossed just $197million, unlike other Marvel movies such as Avengers: Endgame which made over $2.5billion globally in its opening weekend.The Marvels, which was released on November 10, had the worst debut weekend in the history of MCU, with only $46million in ticket sales. With only $80million made in North America, the movie is the first of the studio’s films that failed to reach the $100million milestone at the domestic box office.According to CNBC, Disney’s CEO, Bob Iger, has recently addressed the struggles that have faced the movie, saying: “The Marvels was shot during COVID.

The Marvels is achieving the kind of milestone no film wants to reach.

Two stories from the entertainment industry made it onto Saturday Night Live‘s “Weekend Update” with Colin Jost and Michael Che taking on the Frozen sequels and the Lifetime movie sex scene.

Disney CEO Bob Iger blames the pandemic effect as part of the reason for the dismal box office results on The Marvels.

Disney CEO Bob Iger is sharing his thoughts on the box-office performance of The Marvels.

partly blamed the debacle on a lack of “supervision.” ″‘The Marvels’ was shot during COVID,” Iger, 72, said. “There wasn’t as much supervision on the set, so to speak, where we have executives [that are] really looking over what’s being done day after day after day.” Variety previously reported that the director of “The Marvels,” Nia DaCosta, began another project during postproduction.“If you’re directing a $250 million movie, it’s kind of weird for the director to leave with a few months to go,” a source told the trade.“The Marvels,” the 33rd film in the MCU, had the lowest opening weekend at the box office ever for the franchise, grossing just $47 million domestically.

Disney CEO Bob Iger had plenty to say about the MCU‘s current issues at The New York Times‘ annual BookDeal summit yesterday. But CNN reports that Iger also had a multilayered explanation for why “The Marvels” did so poorly in theaters earlier this month, taking in just $47 million domestically its opening weekend.

Todd Spangler NY Digital Editor After activist investor Nelson Peltz announced his intention to renew his proxy battle to secure seats on Disney’s board, the company responded by alleging former Marvel Entertainment chairman Ike Perlmutter — who is in league with Peltz’s Trian Fund Management — has a personal grudge against Disney chief Bob Iger. In a statement responding to Trian’s announcement, Disney said that Perlmutter “was terminated from his employment by Disney earlier this year and has voiced his longstanding personal agenda against Disney’s CEO, Robert A.

Zack Sharf Digital News Director Disney CEO Bob Iger said at the New York Times’ DealBook Summit (via CNBC) following “The Marvels” flopping at the box office that there was a lack of supervision on the set of the film as a result of the COVID pandemic. The combination of pandemic set restrictions and Disney’s increased output due to the launch of streamer Disney+ made it increasingly difficult for studio executives to oversee the onslaught of new productions.

Bob Iger said he hasn’t addressed when Disney will start advertising on X, formerly Twitter, again since he made the decision to pull back from the social media platform after owner Elon Musk amplified an antisemitic post.

Shifting away from sentiments he expressed in an interview last summer that Disney‘s linear TV networks “may not be core” to the company, Disney CEO Bob Iger said they are “not for sale.”

Todd Spangler NY Digital Editor Bob Iger, just over one year after returning as Disney‘s CEO following the company’s board firing of previous chief Bob Chapek, said publicly that he was dismayed at the Mouse House’s performance under Chapek’s tenure. Iger, who had selected Chapek, formerly head of Disney’s parks division, to succeed him in February 2020, made the comments Wednesday at the New York Times’ DealBook Summit in New York.

Jennifer Maas TV Business Writer Disney CEO Bob Iger focused on instilling employees with renewed optimism about the Mouse House’s “blessed” and “fortunate” state during a virtual company-wide town hall Tuesday, rather than making any proclamations about the company’s future. The event, moderated by ABC News’ David Muir, was held just over a week after the one-year anniversary of Iger’s return to the helm at Disney (Iger hosted a similar town hall exactly a year ago to the day, upon resuming his post last November) following the surprise ousting of Bob Chapek, and on the heels of Disney reporting its most recent quarterly and full-fiscal-year earnings and taking a stumble at the Thanksgiving holiday box office with new animated film “Wish.” When asked by Muir if coming back to the position of CEO has been more challenging than he had anticipated, Iger, who originally ran Disney for 15 years from 2005-2020, said yes. “I knew that there were myriad challenges that I would face coming back,” Iger said.

A year into the run of Bob Iger 2: Return of the CEO, the Walt Disney Co. has not yet rediscovered its mojo.

We’re getting some new details about the upcoming Frozen movies!

Disney Pixar’s awaited Toy Story 5 could very well see the return of Tim Allen and Tom Hanks.Speaking to Jimmy Fallon on The Tonight Show, Allen – who voices Buzz Lightyear in the beloved Toy Story franchise – revealed to the talkshow host that Disney has reached out to both him and Tom Hanks for a fifth Toy Story film. Tom Hanks famously voices the role of Woody.When asked by Fallon if a fifth Toy Story film was in the works, Allen replied: “Bob Iger, head of Disney, said it was on and actually said it was going to happen.