Latest in Bob Chapek

To paraphrase Neil Young, Bob Chapek is gone from Disney but not forgotten. A shareholder is suing the former CEO along with former executive Kareem Daniel, current CFO Christine McCarthy and the company itself alleging violations of securities law for misleading statements about Disney+ and the…

Disney's seemingly successful efforts to outfox Florida Gov. Ron DeSantis' power grab to control the area around Disney World are "not even worth the paper they were printed on," according to a countersuit filed Monday by the GOP presidential aspirant's replacement board. "The District is entitled to…

Disney has eliminated a small business unit focused on exploring the metaverse, part of its initial efforts to reduce its workforce by about 7,000 employees. About 50 workers were part of the group dedicated to “next-generation storytelling and consumer experiences.” The elimination of the unit…

EXCLUSIVE: Similar to so many family ruptures in America in recent years, Ingo Rademacher's legal dispute with ABC over his 2021 firing from General Hospital comes down to Donald Trump and the politics of vaccines, according to the former soap opera actor. Heading towards a pivotal March 30 summary…

Florida Gov. Ron DeSantis’ new book — a possible prelude to a 2024 presidential run — includes a chapter highlighting his efforts last year to pass a parental rights bill, dubbed the “don’t say gay” law by detractors, amid opposition from The Walt Disney Co. Related Story Ron DeSantis Sig…

So Howard Bragman has died. I will miss him–not because we were especially close, but because he had a gift for making every encounter kind of fun, and, often, more memorable than it was supposed to be. The last time I spoke with Howard was some months ago. He had called, apropos  of nothing…

The Walt Disney Company will be laying off thousands of employees as a part of a new round of cost cutting measures, CEO Bob Iger revealed today. Speaking on the House of Mouse’s Q1 earning call this afternoon with CFO Christine McCarthy, Iger said that 7,000 jobs would be let go from the now…

Former Disney chief executive Bob Chapek earned $24 million in fiscal 2022, down sharply from $32 million the year before, the company revealed in its proxy Tuesday. Chapek, who exited abruptly in November, is entitled to just over $6.5 million in remaining base salary through the scheduled…

Nelson Peltz’s broadside against the Walt Disney Co., and the prospect of a rare proxy fight at the media giant, stunned media circles this week — and a flurry of SEC filings over the past few days suggest plenty more fireworks to come. Related Story Bob Iger’s Christmas Carol & The Ghost…

In about 698 days, the Walt Disney Company is supposed to have its fourth CEO in three years. Optimistically presuming that past and current House of Mouse boss Bob Iger really does hand over the keys to the Magic Kingdom in late 2024 to a designated successor, the soon-to-be 100-year-old media…

With the unexpected return of Bob Iger last month for a new stint as Disney CEO, the entertainment giant’s veteran chief financial officer Christine McCarthy has emerged as a leading contender to take over the top job. “Christine has always been a force to be reckoned with, but you have to put her on…

Disney said an upcoming restructuring under new/old CEO Bob Iger could result in impairment charges. It also noted that, as expected, it’s acquired the remaining 15% of streaming tech company BamTech it didn’t already own, paying $900 million. The news was tucked in a long year-end SEC filing today after…