Tag: Business
Bob Iger Extends Contract, Comments on Strikes
Disney has extended CEO Bob Iger’s contract to 2026. It was previously supposed to end in 2024. Additionally, he recently spoke to CNBC’s David Faber about the Writer’s Guild and Actor’s Guild Strikes. Check out what Iger had to say here (via Variety): “It’s very disturbing to me. We’v...
Read MoreIndiana Jones and the Dial of Destiny Bombs, to No One’s Surprise
As predicted, Indiana Jones and the Dial of Destiny is bombing at the box office. It met the insanely meager expectations box office predictors had set in its opening weekend, garnering $60 million domestically and $130 million worldwide. For a film that needs to make at least $800 million to break ...
Read MoreThe Flash and Elemental are Massive Bombs
Dads stayed away from the movies this Father’s Day weekend – along with everyone else. Two big movie premiered on Friday: Warner Bros./DC’s The Flash and Disney/Pixar’s Elemental. Neither was tracking well; The Flash was predicted to bring in $70 million, while Elemental was looking at a $35...
Read MoreDisney Shuffles Marvel, Star Wars, Avatar Release Dates
Disney is doing the release date shuffle again, this time with all their big properties. Marvel is the biggie, with Captain America: Brave New World being pushed back from May 3, 2024, to July 26, 2024; taking Brave New World’s place will be Deadpool 3, which is moving up from November 8, 2024. Th...
Read MorePixar Layoffs Include Lightyear Director
The latest round of Disney layoffs targeted Pixar employees. The most prominent names eliminated seem to revolve around Lightyear, including the film’s director, Angus MacLane, and producer, Galyn Susman. Both have been with the company for decades, and Susman is credited with saving Toy Stor...
Read MoreDisney World Still Profitable, Not Cutting Frontline Staff
Disney Parks chief Josh D’Amaro appeared at the JP Morgan Technology, Media & Communications Conference Monday and clarified the state of things at Disney World. He claims the company’s war with Florida Governor Ron DeSantis hasn’t impacted plans as much as some claim. D’...
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