Bob Chapek Latest Celebrity News & Gossip

Jennifer Maas TV Business WriterDisney plans to increase spending on Disney Media and Entertainment Distribution (DMED) programming by more than $1 billion this quarter versus the same period last year.For the current quarter, the company plans to up its spending on direct-to-consumer programming by between $800 million and $1 billion versus the comparable fiscal 2021 quarter, CFO Christine McCarthy said during Disney’s fiscal Q1 2022 earnings call Wednesday. On the linear network side, content spend is expected to go up by approximately $500 million.“It’s all about content, content, content,” CEO Bob Chapek said on the call, which followed Disney’s announcement that Disney Plus had reached nearly 130 million subscribers by the end of 2021.

Disney CEO Bob Chapek said during the company’s first-quarter earnings call Wednesday that ESPN has extended its contract with Peyton Manning and his Omaha Productions that means ESPN2’s alt-Monday Night Football show Monday Night Football with Peyton and Eli will continue through 2024.

Disney CEO Bob Chapek announced on today’s earnings call that the next Star Wars Disney+ series Obi-Wan will debut on May 25.

Jennifer Maas TV Business Writer“Obi-Wan Kenobi” has received a May 25 premiere date at Disney Plus, Disney CEO Bob Chapek announced on the company’s earnings call Wednesday.Disney Plus ended 2021 with 129.8 million paying customers worldwide, gaining 11.8 million for the quarter ended Jan. 1, 2022 and blowing past expectations.

revenue and operating income at our domestic parks and resorts, the launch of a new franchise with Encanto, and a significant increase in total subscriptions across our streaming portfolio to 196.4 million, including 11.8 million Disney+ subscribers added in the first quarter,” Bob Chapek, CEO, The Walt Disney Company, said in a statement. “This marks the final year of The Walt Disney Company’s first century, and performance like this coupled with our unmatched collection of assets and platforms, creative capabilities, and unique place in the culture give me great confidence we will continue to define entertainment for the next 100 years.”On the theatrical end, Disney had committed to putting all of its movies released in the last quarter in theaters for an exclusive window of at least 45 days, with the exception of “Encanto,” which had a 30-day theatrical window before hitting Disney+.

Bob Iger is barely out the door at the Walt Disney Company and a film from a scion of the founding family has already come along to give the well compensated ex-CEO a kick in the ass. However, besides attracting a lot of attention, the Abigail Disney co-directed The American Dream and Other Fairy Tales documentary doesn’t have much to add to the discussions of income inequity, ice cold hearted corporations and the legacy of the Reagan Revolution, except a high profile and well-heeled surname.

Walt Disney’s chief executive Bob Chapek’s compensation totaled $34.46 million in fiscal 2021, up from $14.16 million the year before.

Todd Spangler NY Digital EditorDisney CEO Bob Chapek saw his compensation package for the company’s fiscal 2021 hit about $32.5 million, more than double the $14.2 million he took home a year earlier.Former CEO Bob Iger, who exited Disney at the end of last year as executive chairman, raked in a total comp package worth $45.9 million, versus $21 million the year prior. In fiscal 2020, neither Chapek or Iger received bonuses (nor did other top Disney execs) amid the economic impact of the COVID-19 pandemic on the media conglomerate’s business.For the fiscal year ended Oct.

Disney CEO Bob Chapek saw his total compensation more than double in fiscal 2021 compared with 2020, to $34.5 million, according to a new SEC filing.

Disney has unveiled Joe Earley as its President of Hulu and created an international content creation hub led by Chairman Rebecca Campbell, as it supports the ongoing expansion of its Walt Disney direct-to-consumer business globally.

Todd Spangler NY Digital EditorDisney reorganized its global direct-to-consumer streaming organization, including installing Joe Earley, formerly head of Disney Plus marketing and operations, as president of Hulu.As part of the reorg, Disney is creating a new hub for international content creation under the direction of Rebecca Campbell as chairman, International Content and Operations.Joe Earley, who previously served as EVP, marketing and operations for Disney Plus, has been named President of Hulu. He takes over for former Hulu president Kelly Campbell, who recently exited to join NBCUniversal’s Peacock.Campbell, in her newly expanded role, will focus on local and regional content production for Disney’s streaming services, as well as continue overseeing Disney’s international media teams worldwide, reporting directly to CEO Bob Chapek.

Stop us if you’ve heard this one before: Disney is reorganizing again. The media giant has rejiggered its team under Kareem Daniel, putting Joe Earley in charge of Hulu and Michael Paull at the top of Disney’s streaming business.

Michael Eisner, the former Walt Disney chief who currently runs holding company Tornante, was upbeat on his two successors at the Mouse, Bob Iger and Bob Chapek. The former officially left the hallowed halls as of Dec. 31 and the latter, in place for almost a year, is firing up.

Bob Chapek, who is nearing the two-year mark since he took the baton as CEO for the Walt Disney Co., has articulated three key strategic priorities for the company in a memo to employees.

Disney has tapped Horacio Gutierrez — head of Global Affairs and chief legal officer at Spotify — as senior executive VP,  general counsel and secretary, succeeding longtime Disney veteran Alan Braverman who this summer announced plans to retiring after nearly two decades as legal chief.

Todd Spangler NY Digital EditorDisney named Horacio Gutierrez, most recently Spotify’s top lawyer, as SVP, general counsel and secretary.Gutierrez’s appointment is effective Feb. 1, 2022.

Susan Arnold will succeed Bob Iger as chairman of the board at Disney, the company announced Tuesday. Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Iger as Chairman of the Board when he departs Disney at the end of the year.Iger had served as chairman of the board since 2012 and had kept that role even after he stepped down as CEO last year, giving way to Bob Chapek.

Todd Spangler NY Digital EditorDisney shares sank as much as 9% in early trading Thursday after the media conglomerate posted earnings that missed Wall Street expectations and revealed a significant slowdown for its flagship Disney Plus streaming service.Disney Plus hit 118.1 million for the quarter ended Oct.

Despite Disney’s commitment to a pure theatrical window during Q4 of this year with wide releases like Eternals and Shang-Chi and the Legend of the Ten Rings, CEO Bob Chapek isn’t ruling out the possibility of going theatrical day-and-date with Disney+ again.

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Brent Lang Executive Editor of Film and MediaEven when COVID-19 finally, happily and at long last becomes a thing of the past, the distribution shifts it helped usher in across the movie business may be here to stay, Walt Disney Company CEO Bob Chapek said on Wednesday.“We know that we’re in a time of flux,” Chapek told analysts on a conference call shortly after the company reported its quarterly results.

Jordan Moreau Disney CEO Bob Chapek told investors Wednesday that the company is increasing its multibillion-dollar spending on content for Disney Plus as it adds more local and regional content for worldwide audiences.Last December, Disney projected it would spend between $8 billion-$9 billion on content for its premiere streaming service in its fiscal year 2024, and Chapek said that amount would now rise.“As you know, we announced at our last Investor Day that we expect our total content

Two days before its second birthday, Disney+ has 118 million subscribers as of the end of September. Compared to the 116 million the company had as of the end of June, that represents an increase of just 2 million and well below what Wall Street had been expecting, which had forecast around 126 million.

#DisneyPlusDay with us in ten days. pic.twitter.com/kVxhRI1kMv— Disney+ (@disneyplus) November 2, 2021“This day of appreciation brings to life our mission to entertain, inform, and inspire fans and families around the globe through the power of unparalleled storytelling,” said Disney CEO Bob Chapek.

Disney CEO Bob Chapek has spoken out in defence of the studio in light of the ongoing lawsuit with Scarlett Johansson.The Black Widow actor sued Disney over the film’s day-and-date release strategy, claiming it is in breach of her contract.The Marvel star’s agent claimed that she would have received a greater percentage point of box office takings if the film had been released exclusively in cinemas.Chapek was asked about the payment of talent as the distribution models continue to change –

Scarlett Johansson shocked the world after she went public with her lawsuit against Disney over the release strategy of “Black Widow.” The actress claims that the streaming release of “Black Widow” made it so she missed out on $50 million worth of backend money that was likely hers if the film got a typical theatrical release.

Walt Disney chief executive Bob Chapek said the company’s global net paid subscribers will rise “by low single-digit millions” for its current fiscal fourth quarter from the third — meaning slower growth — and put Wall Street on notice that long-term targets are still on track but they shouldn’t assume growth will be a straight line.

“Shang-Chi and the Legend of the Ten Rings” will land on Disney+ on November 12 as part of the upcoming Disney+ Day, Bob Chapek announced as part of a conference on Tuesday .Disney+ Day is being billed as an annual, company wide celebration of the streaming service in honor of its two year anniversary and will feature new content from every Disney franchise and brand, including Marvel, “Star Wars,” Pixar and “The Simpsons.” In addition to “Shang-Chi,” which so far has been playing exclusively in

Disney CEO Bob Chapek mentioned today during a Goldman Sachs 30th Annual Communacopia Conference that Shang-Chi and the Legend of Ten Rings will hit Disney+ on Friday, Nov. 12, which the studio is designating as Disney+ Day.

Todd Spangler NY Digital EditorDisney Plus global paid subscribers will increase by “low single-digit millions of subscribers” for the quarter ending September 2021, Disney CEO Bob Chapek said.The Disney Plus core market sub growth (excluding Hotstar) will continue both domestically and internationally, “but we hit some headwinds,” Chapek said at the Goldman Sachs Communacopia conference Tuesday.Chapek’s signal that Disney Plus will slow down in the current quarter, which is Disney’s FY Q4

Jordan Moreau President Joe Biden is meeting with a group of high-ranking CEOs from around the country, including Disney CEO Bob Chapek, to discuss COVID-19 vaccine requirements and a potential mandate that would affect millions of workers around the country.The group of invited executives have all established vaccine requirements at their respective companies. In July, the Walt Disney Company announced that all salaried and non-union employees must get vaccinated before returning to work.

Walt Disney Co. CEO Bob Chapek will be among the CEOs participating in a meeting with President Joe Biden to discuss vaccine requirements, as the White House promotes a new pending Covid-19 mandate.

Halfway through the first season and Marvel Studios’ “What If?” has been an interesting experiment, to quote the Disney CEO, Bob Chapek. While a couple of the episodes have served as intriguing remixes of fan-favorite films, other episodes have really gone in truly weird and fun directions, flipping familiar stories on their heads.

Rebecca Rubin Film and Media ReporterPrior to the debut of Marvel’s “Shang-Chi and the Legend of the Ten Rings,” Disney CEO Bob Chapek called its old-school theatrical release an “interesting experiment.”The “experiment” in question: Would enough people show up to their local multiplex to see the latest Marvel movie to justify keeping the $200 million-budgeted film in theaters without an immediate backstop on Disney Plus? Overall ticket sales have been depressed in the pandemic, and the

On Saturday, Liu responded to Disney CEO Bob Chapek’s comment in which he called the upcoming Marvel Studios film “an interesting experiment.”Chapek confirmed during the company’s quarterly earnings call last Thursday that his studio is committed to releasing the Marvel Studios film “Shang-Chi and the Legend of the Ten Rings” with 45 days of theatrical exclusivity, despite the surge in COVID-19 infections threatening the global box office.“On ‘Shang-Chi,’ we think it’s going to be an interesting

Marvel Studios and its parent company, Disney, are typically the best in the business when it comes to mitigating controversy and showing a unified front for fans. So, after the recent Scarlett Johansson lawsuit against Disney regarding “Black Widow,” it was surprising to see a little controversy arise between Disney CEO Bob Chapek and ‘Shang-Chi’ star Simu Liu over some terrible wording regarding the release of the upcoming Marvel film.