Latest in Disney

Shanghai Disneyland has again closed its gates, just four days after reopening them, in order to comply with “the requirement of pandemic prevention and control.” The park was last closed in late October and reopened on Friday. Since then, however, Chinese officials have stepped up their battle…

“There is a lot to do,” Bob Iger told Disney staffers today of the state of the company he now is running again. “Quickly.” During a town hall at the company’s Burbank HQ heralding his official return. the 71-year-old self-described “boomerang CEO” also said that the hiring freeze his pink-slipped…

Death, taxes, and films that bomb at the box office. Such is life in Hollywood, and at the end of the day, the estimated $147M loss which is expected for Disney Animation’s Strange World isn’t spilt milk to cry over for the entertainment conglomerate. The bombing of the Thanksgiving family…

A group of YouTube TV subscribers has filed an antitrust lawsuit against Disney, claiming that the company’s business deals with competitors have inflated the amount consumers pay for streaming live TV services. The plaintiffs from four states claim that, because Disney requires streamers including Y…

Disney stock faded more than 1% on the second day of Bob Iger’s return engagement as CEO, reflecting investors’ divergent outlooks on the media giant’s prospects Shares in the Dow component finished at $96.21, down 1.4% on more than twice the normal trading volume. The downbeat session made Disney…

Bob Iger, who was reinstalled as CEO of the Walt Disney Co. yesterday, will be eligible to receive up to $27 million in each of the two years he is under contract to lead the company. The compensation targets covering Iger’s new contract window, from November 20, 2022, through December 31, 2024…

Call it a holiday tradition as common as sweet potatoes on the Thanksgiving table, but Disney is going to rule the five-day holiday stretch again after wins in 2016 (Moana), 2017 (Coco), 2018 (Ralph Breaks the Internet), 2019 (Frozen 2) and last year (Encanto), as Black Panther: Wakanda Forever‘s third…

Many Disney employees woke up this morning trying to make sense of a surreal Sunday night that some say felt like a dream. The Hollywood spectacle couldn't have been scripted any better. As top Disney executives were filing into the Dodger Stadium hospitality tent for Elton John's final North…

Kareem Daniel is exiting Disney as head of its Media and Entertainment Distribution division, one day after the ouster of CEO Bob Chapek. Newly reappointed CEO Bob Iger disclosed the news in a letter to employees this afternoon (read it in full below). Iger said he has tasked Dana Walden, Alan…

Among those quite happy with the re-installment of Bob Iger as Disney’s CEO was exhibition giant, AMC’s Adam Aron, who took to Twitter in the wake of the news exclaiming, “Based on box office grosses, Disney is the biggest film maker of any movie studio. Bob Iger coming back to again lead Disney as its…

Strange World, Walt Disney Animation Studios’ new family offering is indeed strange, a film that ought to skew much older because of its reference points but caters to a surprisingly young audience too, mostly on account of its brilliant lava-lamp aesthetics. It also comes with a timely eco-message…

EXCLUSIVE: In step with domestic, Walt Disney Animation Studios' Strange World will make its offshore theatrical debut this week, and is eyeing an overseas start in the $21M-$29M range. That's lower than where a new animated movie from Disney might normally kick off, but the studio has taken a voluntary…