Robert Iger

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New Round of Bad News at Disney
New Round
of Bad News
at Disney

New Round of Bad News at Disney

Company is laying off thousands of workers this week

(Newser) - Workers under the Walt Disney umbrella have been bracing for what they have referred to as the "big one" for weeks now, reports Deadline . On Monday, it arrived—a new round of layoffs and the biggest in a series of them that will see the company cut 7,000...

In 'Disney Shocker,' an Erstwhile CEO Returns

Bob Iger back in as Bob Chapek, criticized for his leadership, is abruptly out

(Newser) - Bob Iger abruptly stepped down as CEO of Disney in 2020, and less than three years later, he's just as abruptly stepping back in. The board announced to employees Sunday night that Iger would return to the position effective immediately, which means Bob Chapek, who took over for Iger...

Calif. Elementary School Gets Apology From Disney's CEO

It was told by a licensing company it had to pay up for illegally screening 'The Lion King'

(Newser) - A California elementary school was on the receiving end of an unusual apology on Thursday: from Disney CEO Bob Iger. Emerson Elementary School in Berkeley found itself the subject of national news earlier this week when it emerged that it was informed it would have to pay $250 for illegally...

Star Wars Spinoff Films Coming
 Star Wars Spinoff Films Coming 

Star Wars Spinoff Films Coming

Stand-alone movies will be in addition to planned trilogy

(Newser) - It's a Star Wars avalanche: In addition to the coming Episodes VII, VIII, and IX , Disney plans to produce a number of spinoff movies that revolve around certain characters, CEO Robert Iger tells CNBC . No word yet on which characters will be featured in the standalone films (rumor is...

Disney Dumping Junk Food Ads

Advertisers will have to meet minimum standards

(Newser) - Disney has decided it's time for Mickey and friends to stop getting fat on junk food dollars. The company says it is phasing out ads and sponsorship for unhealthy food and drinks on its TV channels, radio stations, and websites. It will require products to meet minimum nutritional standards...

Number of CEOs Making $50M+ Climbs

May have been higher than ever last year

(Newser) - Two more executives last year joined what USA Today calls the "$50 Million Club," the group of executives who—you guessed it—make $50 million or more per year. Annual proxy statements filed this week show that compensation for Occidental Petroleum's Ray Irani was valued at $80....

Shanghai Disney Under Way
 Shanghai Disney Under Way 

Shanghai Disney Under Way

CEO: It will be 'both authentically Disney and distinctly Chinese'

(Newser) - After a long wait , Mickey’s new home in China is officially under construction. The iconic mouse joined Disney CEO Robert Iger and top Shanghai officials—as well as Goofy, Princess Jasmine, and other friends—for a groundbreaking ceremony today at the future site of Shanghai Disneyland, the Los Angeles ...

Disney Looks to Earn $1B from Internet

Company says Lost , Grey's Anatomy online ads paid big dividends

(Newser) - Disney is ramping up its Internet efforts and expects to reap greater returns thanks to hit shows being streamed online, such as Lost and Grey’s Anatomy, reports the AP. The company expects to earn $1 billion in fiscal 2008, a sizable jump over last year, said CEO Robert Iger...

8 Stories