It is a truth universally acknowledged that every Real Housewives girls’ trip must end in drama, so it only makes sense that the ladies of Orange County experienced some tension during their getaway to Montana.
16.06.2023 - 16:07 / thewrap.com
The Wall Street Journal reported Friday.While McCarthy’s husband has been in a healthcare facility since early this year, a person familiar with her situation told the Journal there have been no dramatic changes recently that would drive her to step down. But there were signs of strife coming from the CFO’s office before the House of Mouse announced Thursday that she’d be leaving that were perhaps buried in the glowing comments that accompanied the announcement of her depature.“Christine McCarthy is one of the most admired financial executives in America, and her impact on The Walt Disney Company during 23 years of dedicated service cannot be overstated,” CEO Bob Iger said in a statement Thursday.Yet the Journal reported that McCarthy has butted heads with Iger since he returned as CEO in November and other top execs over the media and entertainment giant’s restructuring strategy.
In February, the company created three new business segments: Disney Entertainment, which includes movie, television and streaming operations; ESPN and Disney Parks. It includes axing 7,000 jobs, with the goal of reducing costs by roughly $5.5 billion.The retooling came amid a proxy battle led by activist investor Nelson Peltz, who owns about 9.4 million shares of Disney and was aiming to force spending cuts.But while the cuts represent eliminating about 3% of Disney’s workforce, McCarthy felt the restructuring “didn’t go far enough to streamline the company,” The Journal reported, citing a person familiar with the situation.
It is a truth universally acknowledged that every Real Housewives girls’ trip must end in drama, so it only makes sense that the ladies of Orange County experienced some tension during their getaway to Montana.
Kevin Costner has made it clear that he wants his estranged wife, Christine Baumgartner, to be out of their California home in less than a month.
Before Greta Gerwig and Margot Robbie captured the zeitgeist with their Warner Bros-backed Barbie, the popular doll was the subject of a much darker indie pic directed by Todd Haynes.
Hollywood is at a crossroads and the 160,000 actors that make up SAG-AFTRA are seemingly in the driver’s seat.
Emily Longeretta SPOILER ALERT: This story contains spoilers for Season 2 of “The Bear,” now streaming on Hulu. “Fishes,” the sixth episode of “The Bear” Season 2, flashes back to the last Berzatto Christmas. In one of the most exciting episodes of TV this year, Jamie Lee Curtis, Bob Odenkirk, John Mulaney and Sarah Paulson join the chaotic family for a stress-inducing dinner sequence, which also features the return of Jon Bernthal as Michael. During Season 1, audiences learned that Carmy’s (Jeremy Allen White) brother died by suicide and held quite a lot of secrets. “Fishes” provides a glimpse into the life Mikey was living, under his mother’s roof. In an explosive back-and-forth with Lee (Odenkirk), Mikey erupts in rage and throws forks at his “uncle” as he scolds Mikey and calls him “nothing.”
Toby Keith is updating fans on his health amid his battle with stomach cancer.
Brian Steinberg Senior TV Editor The nation’s biggest media chiefs have for months asked investors to be patient. Wait until the back half of 2023, they’ve said, when ad money will start to flow once again. Now companies like Paramount Global, Comcast, Disney, Fox and Warner Bros. Discovery need to play a waiting game of their own. Ad budgets are expected to be down in the industry’s “upfront” market, when U.S. media companies try to sew up deals for the bulk of their advertising inventory ahead of the fall launch of their next programming cycle. Big marketers are not only uncertain about what new content will be available come autumn – a writers’ strike has squelched production of everything from late-night programs to scripted comedies and dramas – but what they should expect from the economy over the next few months.
Julie and Todd Chrisley.In a new episode of daughter Savannah's podcast, she revealed that her mom turned down Todd's marriage proposal several times before saying yes.Savannah says Julie was pregnant with their son, Chase, now 27, at the time, and was ready to raise the baby on her own had the pair not married.«I think of my mom in her early 20s when she got pregnant with Chase, so my older brother, who's 14 months older than me,» Savannah began. «My dad had just come off a divorce, he had two kids, and my mom was the preacher's daughter in a small, one stoplight town in South Carolina — preacher's daughter.
Kevin McKidd and his ex-wife Arielle Goldrath have finalized their divorce after four years of marriage, Us Weekly can confirm.
Rebecca Rubin Film and Media Reporter Zenia Mucha, who spent two decades as Disney’s top spokesperson before leaving the company in 2021, has been hired at TikTok. She’ll serve in the newly formed role of chief brand and communications officer and will be responsible for TikTok’s global marketing and communications strategies. Mucha’s hiring is part of a larger shakeup at TikTok. Vanessa Pappas is stepping down as the company’s chief operating officer and Adam Presser, the current chief of staff, has been promoted to head of operations. “Given all the successes reached at TikTok, I finally feel the time is right to move on and refocus on my entrepreneurial passions,” Pappas said in a note to staff. “I know the company has a very bright and stable future under the strong leadership of Shou Chew and our executive team, I will be here to support him, the leadership team and all of you during this transition by taking on an advisory role for the company.”
Latondra Newton, who has served as Disney’s chief diversity officer since 2017, is leaving the company. An internal memo from Disney chief human resources officer Sonia Coleman announcing Newton’s departure was circulated to staff Tuesday.
Jennifer Maas TV Business Writer Disney’s chief diversity officer and senior vice president Latondra Newton is exiting her role after more than six years, according to an internal memo obtained by Variety. An individual with knowledge of the situation says that Newton will be joining the corporate board of another company soon, and plans to devote more time to her self-owned creative company. In her role as head of DEI operations at Disney, Newton was charged with overseeing the company’s “commitment to produce entertainment that reflects a global audience and sustains a welcoming and inclusive workplace for everyone.”
Bruce Willis is getting showered with all of the love he deserves this Father's Day by all of his loved ones, including his ex-wife Demi Moore and wife Emma Heming Willis. Though it isn't the actor's first Father's Day since his decline in health and previous aphasia diagnosis, it is the first since his diagnosis was confirmed to be frontotemporal dementia (FTD) instead, which his family shared with the public in February.
It’s safe to say Kim Zolciak and Kroy Biermann are never ever getting back together!
Juventus midfielder Paul Pogba left Manchester United last year because he did not feel 'love' from supporters or the club.
Earnings calls, those ritualized quarterly opportunities for public companies to convey the state of their financial affairs to Wall Street analysts and investors at large, are two-handed affairs for the Walt Disney Co.
Christine McCarthy, a significant figure in Disney’s senior management team in recent years, is stepping down and taking a medical leave of absence from the company.
Cynthia Littleton Business Editor In another shocker for the Walt Disney Co., Christine McCarthy is stepping down from her role as executive VP and chief financial officer and will take a family medical leave, Disney said Thursday. Kevin Lansberry has been named interim CFO for the media giant as of July 1. “Christine McCarthy is one of the most admired financial executives in America, and her impact on The Walt Disney Company during 23 years of dedicated service cannot be overstated,” Disney CEO Bob Iger said. “Christine has served as a key strategic anchor during a period of great transformation, and she and I have discussed her desire to ensure an orderly and successful CFO succession in advance of the company’s transition to its next chief executive officer. She is stepping down from her CFO role as she takes family medical leave, but has graciously offered to move into an advisory position to assist her successor in assuming the duties she has so expertly handled these many years.”