Disney CEO Bob Iger said Thursday that “everything is on the table” with streaming service Hulu. Disney owns two thirds of the streaming service, which focuses...
Month: February 2023
With Bob Iger back at Disney, ‘you don’t need Nelson Peltz,’ says ‘Fast Money’ trader Steve Grasso
Walt Disney CEO Bob Iger wasted no time announcing a major restructuring, as well as thousands of layoffs, in his first earnings since returning to the...
Disney beats expectations as streaming subscriber losses aren’t as bad as feared
LOS ANGELES – Smaller subscriber losses and a beat on the top and bottom lines were the highlights of Disney‘s fiscal first-quarter earnings report. While the...
Disney to cut 7,000 jobs and slash $5.5 billion in costs as it unveils vast restructuring
Disney said Wednesday it is planning to reorganize into three segments, while also cutting thousands of jobs and slashing costs. The media and entertainment giant said...