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Disney stock faded more than 1% on the second day of Bob Iger’s return engagement as CEO, reflecting investors’ divergent outlooks on the media giant’s prospects

With December just around the corner, it's time to start thinking about one of the season's most underrated highlights: winter walks.

Bob Iger, who was reinstalled as CEO of the Walt Disney Co. yesterday, will be eligible to receive up to $27 million in each of the two years he is under contract to lead the company.

Many Disney employees woke up this morning trying to make sense of a surreal Sunday night that some say felt like a dream.

Among those quite happy with the re-installment of Bob Iger as Disney’s CEO was exhibition giant, AMC’s Adam Aron, who took to Twitter in the wake of the news exclaiming, “Based on box office grosses, Disney is the biggest film maker of any movie studio. Bob Iger coming back to again lead Disney as its CEO is a big deal. Let me shout this from the mountain top. I have the absolute highest respect for Bob Iger.”

Disney shares busted out of the starting gate, rising 8% in early trading on a wave of optimistic sentiment about Bob Iger’s return engagement as CEO.

Wall Street has already embraced the news that Bob Iger has returned as Disney’s CEO, replacing Bob Chapek’s short and tumultuous reign: Shares in the entertainment giant climbed nearly 9% in premarket trading on Monday, to $99.85. Chapek, the former Disney parks chief who himself replaced Iger as CEO less than two years ago, has struggled during his brief tenure amid COVID pressures, economic issues as well self-inflicted management wounds — and Disney’s shaky revenue picture has driven its stock price down 41% since the start of the year.

America’s Got Talent fan favorite Roslyn Singleton has passed away on Tuesday.

SPOILER ALERT: The following reveals major plot points from tonight’s episode of CBS’ FBI titled “Ready or Not.”

IMAX CEO is opening up about how important the theatrical window is and how she thinks some streaming services are realizing it now.

Reeling from a roller coaster stock market and earnings misses, the Walt Disney Company is about to start cutting spending, costs, and staff, CEO Bob Chapek said today.

EXCLUSIVE: Black Beauty Roster and Warner Bros. Discovery have today announced their partnership on a new, one-of-a-kind program that will afford hairstylists and makeup artists from historically marginalized communities the chance to position themselves for a department head position in entertainment.

The nation’s third largest theater chain saw sales jump 50% and losses narrow sharply last quarter, underscoring the rebound of moviegoing despite a sluggish release schedule in August and September.

Guy Ritchie To Receive Honorary Award At Red Sea Film FestivalGuy Ritchie is to receive an Honorary Award at this year’s Red Sea Film Festival. During the Festival (Dec 1—10), Ritchie will also take part in an ‘In Conversation’ event where he will talk through his cinematic career. Mohammed Al Turki, CEO of the RedSeaIFF, said: “Guy Ritchie is a pioneering director and unique storyteller. Over the last 20 years, he has created a huge variety of unforgettable characters featuring original and intricate plots on the big screen. We are delighted to honor his extraordinary talents at the Festival and look forward to welcoming him to Jeddah this December.”

Marcus, the fourth largest U.S. movie chain, said a trickle of films for the three months ended in September impacted earnings but were offset by the recovered Marcus Hotel & Resorts, which surpassed pre-pandemic revenues. Both businesses were up from last year but theaters saw a slowdown from Q2 to Q3.

The London Film School has appointed Neil Peplow as its new Director and CEO. He will take over from Interim Director Peter Holliday and start his new role on January 30, 2023.

Studiocanal veteran Isabel Hund has been tapped as CEO of the new Legendary Entertainment and Tobis joint venture.

Ziwe is back with the second half of the second season of her namesake talk show and she has declared a “diversity war.”

Faith Penhale, decorated TV drama producer and CEO of Gentleman Jack indie Lookout Point, is leaving the BBC Studios-backed outfit to head up Pathe Productions.

Spotify blew past subscriber, user and revenue forecasts for the September quarter and said it will explore a U.S. price increase after recent moves by Apple and YouTube.