According to The Hollywood Reporter, Disney will resume paying dividends to its stockholders following a three-year freeze instituted due to COVID. They will pay out $0.30 per share as of December 11, 2023, compared to the $0.88 they were giving out prior to COVID. The payments will begin in January...
Read MoreAt the New York Times’ DealBook Summit earlier today (via CNBC), Bob Iger talked about Disney’s recent failures and what caused them, and his scapegoats probably won’t surprise you. They’re a mix of streaming, the pandemic, Bob Chapek, and executives not exerting enough control over film pr...
Read MoreDisney and Pixar are breaking out their old toys. Earlier this year, amid a string of box office failures (which has only gotten worse since then), Disney CEO Bob Iger announced a fifth Toy Story movie – among some other animated sequels – during the first-quarter earnings call with investors....
Read MoreThe Marvels did what everyone expected it to do and bombed. In its opening weekend, the latest Marvel Cinematic Universe film debuted with $47 million domestically and $110.3 million internationally. This is the lowest opening weekend take for an MCU movie, underperforming The Incredible Hulk’s...
Read MoreMark Ruffalo can put his “Ewww Poor People” clothes away because the Actors’ Strike is officially over. Last night (technically this morning since it was after midnight, but don’t be one of those people), the Screen Actors’ Guild and the Alliance of Motion Picture and Television Producers ...
Read MoreBob Iger is pledging to back out of the culture war… again. According to a report written by Lauren Martin, a company analyst for Needham & Company, Iger told Disney investors he would “quiet the noise” on the culture war because it’s bad for business. This happened on Tuesday at an inve...
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