Gwyneth Paltrow‘s kids are sharing their side of the story!
09.03.2023 - 21:49 / deadline.com
With the fate of Hulu’s ownership soon to be determined, Disney CEO Bob Iger says it is “very tricky” to pin down its long-term value given that streaming overall is still in a “nascent” stage.
“We’re really studying the business very, very carefully, all those competitive dynamics, with an understanding that we have a good platform in Hulu,” the exec said in an appearance at the Morgan Stanley Technology, Media and Telecom Conference. “We have very strong original programming … and we also have a good library.” The service, he added, is “very attractive for advertisers.”
Despite those pluses, Iger said, “the environment is very, very tricky right now. Before we make any big decisions about our level of investment and our commitment to that business, we want to understand where it could go.”
In early 2024, a “put/call” will take effect under the 2019 deal that gave Disney full operational control of Hulu. Under the terms of the deal, Disney can compel Comcast to sell it its 33% stake, which would cost at least $9 billion. Some Wall Street analysts believe Comcast could maneuver to take control of Hulu, in light of Iger’s comments about the limits of general entertainment in streaming. Iger, who returned to the CEO chair last November, told CNBC last month that “all options are on the table.”
Iger observed that the “whole streaming business — other than Netflix, which is relatively mature — is a nascent business for most of us. And we’re also at an interesting point in the world, from a media perspective, where a lot of people are still getting linear programming and while I have said publicly that I don’t think the future of linear is very bright and eventually everything will migrate toward streaming, we’re not quite
Gwyneth Paltrow‘s kids are sharing their side of the story!
Lionel Richie doesn't quite have the same… stamina that he did in 1983. The 73-year-old singer was a guest alongside his fellow judges, Katy Perry and Luke Bryan, on Tuesday's episode of, where he was asked about his hit song, «All Night Long (All Night).»«When I wrote 'All Night Long,' it was truly all night long,» Richie quipped, making a pointed reference to his sex life.
After rumours of her alleged split from Love Island beau Maxwell Samuda began circulating amongst reality fans, Olivia Hawkins wants to officially set the record straight regarding the status of their relationship. The 27-year-old former ring girl tells OK!: "Things between me and Maxwell are really good.
Matt Damon told Variety‘s Marc Malkin Monday night that Christopher Nolan’s “Oppenheimer” runs a hefty three hours long. On the red carpet for “Air,” in which he co-stars, Damon also talked about Nolan’s upcoming historic drama in which he appears alongside Cillian Murphy. “It’s three hours. It’s fantastic,” Damon said, revealing that he’s seen “Oppenheimer.” “Cillian is phenomenal. He’s everything you would want him to be,” Damon told Malkin. “I think it’s almost three hours. It goes so fast, it’s great.” Directed by Ben Affleck, “Air” stars Damon as Sonny Velasco, who led Nike to pursue the endorsement of Michael Jordan and the creation of the Air Jordan basketball sneakers. “Air” opens April 5 and co-stars Affleck, Viola Davis, Jason Bateman and Chris Messina.
Cynthia Littleton Business Editor Disney will begin layoff notices this week for more than 7,000 staffers whose positions will be eliminated as part of a deep cost-cutting effort that will be felt across all of the company’s key divisions. Disney CEO Bob Iger confirmed Monday morning in a memo to employees that the layoffs will come in three waves, starting today. Iger disclosed the plan to significantly cut Disney’s overhead with massive staff reductions on Feb. 8. The cuts are expected to hit across the board and hit senior management levels as well as lower-level executives. “The difficult reality of many colleagues and friends leaving Disney is not something we take lightly. This company is home to the most talented and dedicated employees in the world, and so many of you bring a lifelong passion for Disney to your work here,” Iger wrote. “That’s part of what makes working at Disney so special. It also makes it all the more difficult to say goodbye to wonderful people we care about. I want to offer my sincere thanks and appreciation to every departing employee for your numerous contributions and your devotion to this beloved company.”
Disney CEO Bob Iger has confirmed the first of three rounds of layoffs is starting this week as the company looks to reduce its workforce by about 7,000 employees.
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Carole Horst The new head of the AFCI has big goals for the organization, and looks to promote stability within the leadership, which has seen a few presidents come and go in the past handful of years. “I really want to reassure people that I’m in this for the long haul and I feel like I have the right skill set to take the organization through and develop a really good strategy for it for the next 10 years,” says Jaclyn Philpott, the recently installed AFCI exec director. “I’ll be ready and willing to answer any questions that they may have. You know, I’ve had a very good look under the hood at the organization, from the financials through the previous strategies to what’s happening in the market right now, and I feel like I have a good idea of what they want based on what they’ve told me and in my own research.”
EXCLUSIVE: Bob Harras, the former editor-in-chief of both Marvel and DC Comics, has joined Immortal Studios as editor-at-large of its senior management team.
Todd Spangler NY Digital Editor Sonia Coleman, a 15-year Disney veteran, is taking on a new role as head of human resources. The Mouse House named Coleman as senior executive vice president and chief human resources officer of the Walt Disney Co., effective April 8. She most recently has served as SVP of human resources for Disney Entertainment and ESPN. Coleman takes over the the top HR job at Disney from Paul Richardson, who is leaving the company after more than 15 years. As head of HR, Coleman will report directly to Bob Iger, who is serving as interim CEO for a two-year term. Coleman will oversee Disney’s HR strategy, global talent acquisition, leadership development, diversity and inclusion, organizational design and cultural development, employee education and development, compensation and benefits, HR operations and technology, and global security.
@TuckerCarlson tells me I am the first person to ask him for access to the Jan 6 tapes. pic.twitter.com/w4bvKlcQfvCarlson and “Tucker Carlson Tonight” disclosed that they had requested to see the footage from House Speaker Kevin McCarthy, who acknowledged the transfer.Beck still could not believe that no one reached out and asked for some kind of preview.“So nobody from the news department, any news department …,” Beck said.
Zack Sharf Digital News Director Disney CEO Bob Iger is touting “newness” when it comes to the Marvel Cinematic Universe. The executive appeared at the Morgan Stanley Technology, Media and Telecom Conference and questioned whether or not Marvel needs to continue churning out multiple sequels for individual characters. His comments arrived amid critical and box office disappointment for the most recent MCU tentpole, “Ant-Man and the Wasp: Quantumania.” “Sequels typically worked well for us,” Iger said at the conference. “Do you need a third and a fourth, for instance? Or is it time to turn to other characters?” Not only is “Ant-Man and the Wasp: Quantumania” one of the worst-reviewed Marvel films in history (its 48% on Rotten Tomatoes nearly matches the record-low “Eternals” score of 47%), but the film dropped a massive 69% at the box office in its second weekend, marking the second-biggest drop in MCU history. “Quantumania” currently stands at $420 million worldwide and $189 million domestically. While these grosses are higher than the first two “Ant-Man” movies, they’re also underwhelming considering “Quantumania” kicks off Phase 5 of the MCU and introduces the new Thanos-sized villain of the franchise in Jonathan Majors’ Kang the Conquerer.
Bob Iger returned as CEO of Disney last November, and since his return, the company’s mantra has been “stick with what works.” Last month, Iger put that into practice when he announced sequels to the “Toy Story,” “Frozen,” and “Zootopia‘ franchises. But what isn’t working at Disney recently? THR reports that Iger doesn’t like how expensive making films and shows has gotten, with Deadline adding that franchises like “Star Wars” and Marvel may see some shifts because of that.
The Marvel Cinematic Universe has revolved around a core group of character for years now. However, Disney’s CEO Bob Iger is suggesting that will change in the coming years.
Returned Disney CEO Bob Iger acknowledged that fans had a right to be irked as theme park ticket prices crept higher under the previous regime, and said it wasn’t the best way to manage the brand.
Disney CEO Bob Iger says the company is still being “very careful” with developing Star Wars feature films in the wake of Solo‘s soft box office, while Marvel is also getting a rethink in terms of how many sequels characters get.
Disney CEO Bob Iger called succession top priority as he moves to turn the company around and, with the board, name a new chief executive before the end of his two-year contract.
Todd Spangler NY Digital Editor Bob Iger, just over three months back as CEO of Disney, discussed major organizational changes he’s made at the company — and his optimism about making streaming, particularly Disney+, a profitable piece of the empire. “I’m generally bullish on streaming as a great consumer proposition, as a really robust platform to deliver high-quality content,” Iger said, speaking Thursday at the 2023 Morgan Stanley Technology, Media and Telecom Conference in San Francisco. But “we have to better rationalize our costs” and “obviously we have to attract more subs.” In addition, he said, “In our zeal to grow global subs, I think we were off in terms of our pricing strategy, and we’re starting to learn more about it.” Iger also said Disney overall had a “disconnect” between what it was spending on content and how it was monetizing that — and that the company needs to become “more judicious” about content investment.
J. Kim Murphy Bob Odenkirk has shared that he’s starring in a remake of the 2003 cult film “The Room,” taking on the lead role of Johnny, originated by the film’s writer and director Tommy Wiseau. Slashfilm first reported on the project Wednesday morning, with the “Better Call Saul” star corroborating the contained details through a post on his Twitter account. “This is real. This is true,” Odenkirk wrote Wednesday evening. “And let me tell you, I tried my best to SELL every line, as honestly as I could…and I had a BLAST.”This is real. This is true. And let me tell you, I tried my best to SELL every line, as honestly as I could…and I had a BLAST https://t.co/v261E1DKnG Before Odenkirk commented on the project, buzz around the remake of “The Room” had already emerged on social media in recent weeks. According to the report, the production comes from Acting For a Cause, an organization that has raised money for various charitable causes by asking for donations tied to digital performances. Founded and directed by Brando Crawford, the group has welcomed names like Zazie Beetz, Julia Fox, Alex Wolff and Justice Smith before.
Paramount Global CEO Bob Bakish decided to, in his words, “cross the line” and address a recent bid the company received for Showtime.