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Disney CEO Bob Iger to cut spending ‘pretty dramatically’ on traditional TV programming - nypost.com - New York - New York
nypost.com
15.05.2024

Disney CEO Bob Iger to cut spending ‘pretty dramatically’ on traditional TV programming

Walt Disney will cut its investment in programming for traditional television networks “pretty dramatically” as the company navigates the consumer shift to streaming, Chief Executive Bob Iger said Wednesday.Iger said linear channels such as ABC still serve as an important marketing tool and reach older viewers who are not watching series such as “Abbott Elementary” on Disney’s streaming platforms.Still, the goal is to “reduce pretty dramatically our investment in content specifically aimed at those traditional networks,” Iger said at the MoffettNathanson’s 2024 Media, Internet and Communications Conference in New York.On Disney’s theme parks business, Iger said he expected continued growth but perhaps not at the same rate as in recent years.“We’ve had double-digit revenue growth in that business for quite some time, and that’s extraordinary,” he said.

Upfronts 2024 Awards: Who Deserved Accolades For Best Joke, Biggest Letdown & Most Ironic Catchphrase - deadline.com - New York - Texas
deadline.com
17.05.2024

Upfronts 2024 Awards: Who Deserved Accolades For Best Joke, Biggest Letdown & Most Ironic Catchphrase

Now that the upfronts are over, it’s time to hand out much-deserved accolades to those who made this year’s presentations truly unforgettable.

Disney CEO Bob Iger Says Linear TV Can Be Managed In Decline With “Dramatically” Lower Content Spend - deadline.com
deadline.com
16.05.2024

Disney CEO Bob Iger Says Linear TV Can Be Managed In Decline With “Dramatically” Lower Content Spend

In July of 2023, recently returned Disney CEO Bob Iger shocked the media industry by indicating he might be open to divesting the company’s declining  linear assets. By last fall, he’d changed his mind, declaring them not for sale. On interviews and earnings calls since, he’s explained why — most recently at the MoffettNathanson media conference, and in the midst of annual upfront presentations to advertisers.

Disney CEO Says Studio “Tried To Tell Too Many Stories” With Streaming Launch & Led To $4 Billion Lost - theplaylist.net
theplaylist.net
15.05.2024

Disney CEO Says Studio “Tried To Tell Too Many Stories” With Streaming Launch & Led To $4 Billion Lost

Over the past several months, on more than one occasion, we’ve heard from Disney executives about how they’re going to be cutting back a bit on streaming and put the focus on streamlining releases. That is to say, all that talk about how Disney+ was going to be the golden goose of the company was a bit premature.

Disney Is ‘Pretty Dramatically’ Reducing Spending on Traditional TV Content, CEO Iger Says - variety.com - New York
variety.com
15.05.2024

Disney Is ‘Pretty Dramatically’ Reducing Spending on Traditional TV Content, CEO Iger Says

Todd Spangler NY Digital Editor Disney CEO Bob Iger said that as the traditional pay-TV universe continues to shrink, the company is cutting its investment in content for linear TV networks while also amortizing that expenditure across streaming platforms. The strategy is “to reduce pretty dramatically our investment in content specifically aimed in those traditional networks,” Iger said Wednesday at MoffettNathanson’s 2024 Media, Internet and Communications Conference in New York.

Jimmy Kimmel Targets Bob Iger, ‘Blue Bloods,’ P Diddy & Golden Bachelorette At Disney Upfront: “A Game Show Where You Can Win An Old Lady” - deadline.com - Washington
deadline.com
15.05.2024

Jimmy Kimmel Targets Bob Iger, ‘Blue Bloods,’ P Diddy & Golden Bachelorette At Disney Upfront: “A Game Show Where You Can Win An Old Lady”

After a two-year absence from the upfront stage, Jimmy Kimmel was back Tuesday to take aim at Bob Iger, P Diddy, CBS and the new Golden Bachelorette.

Marvel Drops ‘Daredevil: Born Again’ and ‘Ironheart’ Trailers at Disney Upfront as Bob Iger and ‘The Bear’ Season 3 Also Stir Up Buzz - variety.com - New York - city Philadelphia
variety.com
14.05.2024

Marvel Drops ‘Daredevil: Born Again’ and ‘Ironheart’ Trailers at Disney Upfront as Bob Iger and ‘The Bear’ Season 3 Also Stir Up Buzz

Jennifer Maas TV Business Writer The theme of Disney‘s 2024 upfront presentation to advertisers Tuesday was “connections” — and not just because of the running bit started by “Deadpool” star Ryan Reynolds and “It’s Always Sunny in Philadelphia” star Rob McElhenney, which involved their constant replaying of a five-second ad spot that said “Connections!” with a Disneyified logo and voiceover. No, the symbol of unity across Disney’s brands was made up of a slew of announcements from Marvel, and about such other high-wattage projects as “Star Wars,” “The Bear,” “Only Murders in the Building,” the “Wizards of Waverly Place” sequel series, “9-1-1,” Ryan Murphy’s new slate of FX titles and more franchises with intersecting talent. Disney kicked off the event when Oscar-winning “Poor Things” star Emma Stone introduced the Mouse House’s big boss, Bob Iger — a job like that would traditionally go to a top ABC star.

Bob Iger Returns To Upfront Stage For First Time Since 1994 With Pitchman Praise For Disney’s “Creative Excellence” & Jimmy Kimmel’s Roast To Follow - deadline.com - New York
deadline.com
14.05.2024

Bob Iger Returns To Upfront Stage For First Time Since 1994 With Pitchman Praise For Disney’s “Creative Excellence” & Jimmy Kimmel’s Roast To Follow

“I am deeply optimistic about our company, and in a world that is so in need of entertainment is a true privilege,” said Disney boss Bob Iger today in a rare appearance on stage at the start of the media giant’s upfront presentation in New York City. “To run a company that is the embodiment of creative excellence, of great and bold storytelling, of quality, and of innovation.”

Nexstar CEO On CBS Stations – Can’t Buy Them Under Current Regulatory Regime “But If That Were To Change, Maybe Our Opinion Would Change” - deadline.com
deadline.com
09.05.2024

Nexstar CEO On CBS Stations – Can’t Buy Them Under Current Regulatory Regime “But If That Were To Change, Maybe Our Opinion Would Change”

With Paramount Global and its assets currently in play, Nexstar CEO Perry Sook was asked on a call today if the nation’s biggest broadcast might look at CBS stations.

Media CEO Pay 2023: Guess Who Didn’t Get the Memo? - variety.com
variety.com
08.05.2024

Media CEO Pay 2023: Guess Who Didn’t Get the Memo?

Bob Iger, CEO2023 compensation: $31.6M/+110.7%Median employee compensation $54,010Iger pay ratio to median employee: 595 It was a contentious time for the congenitally congenial Disney chief. First, he made some ill-considered remarks at Sun Valley, a conference for media barons held in a posh resort, characterizing striking actors’ demands as “not realistic.” Those words were slammed by SAG-AFTRA head Fran Drescher, with Iger becoming exhibit A for corporate greed.

Disney’s $1.9B DisneylandForward Plan Gets Final Approval From Anaheim City Council; Major Changes Set For Walt’s Original Park - deadline.com - California - Florida - city Anaheim - county Major
deadline.com
08.05.2024

Disney’s $1.9B DisneylandForward Plan Gets Final Approval From Anaheim City Council; Major Changes Set For Walt’s Original Park

The Anaheim City Council gave final approval today to DisneylandForward, the $1.9 billion, Disney’s multi-decade expansion plan for Walt’s original park. Today’s 7-0 procedural vote came after a unanimous vote approving the project in April. The zoning and other changes laid out by the plan to take effect in 30 days.

Kevin Feige & Louis D’Esposito Acknowledge Marvel Studios “Took A Little Hit”: “We Learned Our Lesson” - deadline.com
deadline.com
08.05.2024

Kevin Feige & Louis D’Esposito Acknowledge Marvel Studios “Took A Little Hit”: “We Learned Our Lesson”

Marvel Studios Co-President Louis D’Esposito and Marvel Studios President Kevin Feige are addressing the rough patch the studio has been through over the last few years.

This Bob Iger comment tells you all you need to know about the sorry state of Disney - nypost.com - Indiana
nypost.com
07.05.2024

This Bob Iger comment tells you all you need to know about the sorry state of Disney

during a quarterly earnings call on Tuesday. “The team is one that I have tremendous confidence in,” he began.

Marvel to release fewer movies in future, Disney CEO confirms - www.nme.com - Indiana
nme.com
07.05.2024

Marvel to release fewer movies in future, Disney CEO confirms

Marvel Cinematic Universe in the future, according to the CEO of Disney.Bob Iger was speaking to Wall Street analysts when he confirmed that he plans to release no more than three new Marvel films per year, as well as only two television series in the MCU.The studio head said that the plan is part of an overall strategy at Disney to focus on quality rather than quantity, with that applying particularly to their Marvel properties.“We’re slowly going to decrease volume and go to probably about two TV series a year instead of what had become four and reduce our film output from maybe four a year to two, or a maximum of three,” he said. “And we’re working hard on what that path is.”He continued that the MCU will have “a couple of good films in ’25 and then we’re heading to more Avengers, which we’re extremely excited about.”“Overall, I feel great about the slate.

Marvel Studios Boss Admits 2023 Was a ‘Rough Time,’ but Says: ‘If We Just Stayed on Top, That Would’ve Been the Worst Thing’ and ‘We Learned Our Lesson’ - variety.com
variety.com
07.05.2024

Marvel Studios Boss Admits 2023 Was a ‘Rough Time,’ but Says: ‘If We Just Stayed on Top, That Would’ve Been the Worst Thing’ and ‘We Learned Our Lesson’

Zack Sharf Digital News Director Marvel Studios co-president Louis D’Esposito admitted to Empire magazine that “it’s been a rough time” for the Marvel Cinematic Universe following a rocky 2023 that included box office flops “Ant-Man and the Wasp: Quantumania” and “The Marvels.” The latter title is the lowest-grossing MCU movie of all time with just $206 million worldwide. Marvel didn’t fare better on television, where series such as “Secret Invasion” were widely panned by critics. Despite these setbacks, D’Esposito is committed to seeing the glass half full.

Marvel Will Reduce Number of Movies & TV Shows Released Per Year - www.justjared.com
justjared.com
07.05.2024

Marvel Will Reduce Number of Movies & TV Shows Released Per Year

Marvel will be cutting back on the amount of content released per year after seeing a dip in interest.

Disney CEO Says Marvel Will Reduce Output To 3 Films & 2 Shows Max Per Year - theplaylist.net
theplaylist.net
07.05.2024

Disney CEO Says Marvel Will Reduce Output To 3 Films & 2 Shows Max Per Year

It’s not really news to say that Disney CEO Bob Iger is going to be a bit more hands-on with Marvel Studios in the future. The executive has made several comments in the past about reducing the number of projects the studio releases, as well as making sure the films and TV series that are released are of the best quality.

ESPN Programming Coming To Disney+ By Year-End; Bob Iger Calls It A “First Step” Toward Flagship Sports Launch In 2025 - deadline.com
deadline.com
07.05.2024

ESPN Programming Coming To Disney+ By Year-End; Bob Iger Calls It A “First Step” Toward Flagship Sports Launch In 2025

Disney will add select live games and studio shows from ESPN to its flagship streaming service Disney+ by the end of 2024, CEO Bob Iger announced this morning.

Disney’s Bob Iger On Reducing Marvel Output, Balancing Sequels And Original Films - deadline.com - USA
deadline.com
07.05.2024

Disney’s Bob Iger On Reducing Marvel Output, Balancing Sequels And Original Films

Disney CEO Bob Iger said the company will limit its output of Marvel movies to “two good films” a year — three maximum — from about four and also cut the numbers of TV series spinoffs for the franchise.

Disney CEO ‘Confident’ in Striking New Deal With NBA - variety.com
variety.com
07.05.2024

Disney CEO ‘Confident’ in Striking New Deal With NBA

Brian Steinberg Senior TV Editor Disney doesn’t think it’s going to foul in its drive to score a new pact with the NBA. Speaking to investors Tuesday, Disney CEO Bob Iger said the company was “optimistic or confident” that Disney would renew its agreement with the basketball league that would keep a sizable package of its games on ESPN and other Disney properties. Disney has also served as home to the NBA Finals, which typically air on the ABC broadcast network.

Marvel Will Release No More Than Three Movies and Two Shows Per Year, Bob Iger Says - variety.com
variety.com
07.05.2024

Marvel Will Release No More Than Three Movies and Two Shows Per Year, Bob Iger Says

Jennifer Maas TV Business Writer Disney CEO Bob Iger says the company is shrinking the MCU with a new mission to drop the number of Marvel TV series to two a year and the film output to no more than three movies per year. Iger said this is part of Disney’s overall strategy to reduce output and focus on quality, a strategy “that’s particularly true with Marvel.” On the TV side, Iger says that a portion of the upcoming series set for release are “a vestige of basically a desire in the past to increase volume.” “We’re slowly going to decrease volume and go to probably about two TV series a year instead of what had become four and reduce our film output from maybe four a year to two, or a maximum of three.

Media CEO Pay Mostly Up For 2023 Amid Strikes, Industry Contraction - deadline.com
deadline.com
02.05.2024

Media CEO Pay Mostly Up For 2023 Amid Strikes, Industry Contraction

It was a year of pain for the entertainment industry and shareholders of (many) media companies with brutal months-long Hollywood strikes, and layoffs. Linear television continued to decline and a nascent theatrical recovery went sideways. Most CEOs saw pay packages rise in 2023, some by big multiples.

‘Mufasa’ Director Barry Jenkins Reacts to Fans Claiming He’s ‘Too Talented’ for Disney’s ‘Soulless Machine’: ‘There’s Nothing Soulless’ About ‘The Lion King’ - variety.com
variety.com
01.05.2024

‘Mufasa’ Director Barry Jenkins Reacts to Fans Claiming He’s ‘Too Talented’ for Disney’s ‘Soulless Machine’: ‘There’s Nothing Soulless’ About ‘The Lion King’

Michaela Zee Barry Jenkins defended his involvement in “Mufasa: The Lion King” after he was criticized on social media this week for helming the Disney live-action prequel. Jenkins shared the first “Mufasa” trailer on X (formerly Twitter) following its release on Monday, which prompted some fans to criticize the filmmaker, known for the Oscar-winning films “Moonlight” and “If Beale Street Could Talk,” for working on such a mainstream project.

‘Guardians Of The Galaxy Vol. 3’: James Gunn’s Last Ride At Marvel, At No. 9, Is Disney’s Only Pic In Deadline’s 2023 Most Valuable Blockbuster Tournament - deadline.com
deadline.com
26.04.2024

‘Guardians Of The Galaxy Vol. 3’: James Gunn’s Last Ride At Marvel, At No. 9, Is Disney’s Only Pic In Deadline’s 2023 Most Valuable Blockbuster Tournament

Deadline’s Most Valuable Blockbuster tournament is back. While studios during Covid wildly embraced the theatrical day-and-date model when cinemas were closed, they soon realized there’s nothing more profitable than a theatrical release and the downstreams that come with it. If anything, theatrical is the advertisement for a movie’s longevity in subsequent home entertainment windows. Entering the conversation in 2023 were the streamers, such as Apple, who have also realized the necessity of theatrical to eventize their movies. The financial data pulled together here for Deadline’s Most Valuable Blockbuster Tournament is culled by seasoned and trusted sources.

Tatiana Maslany Blames The Passion Of The Picket Lines For Her Smash Of Disney’s Bob Iger - deadline.com - county Wood
deadline.com
20.04.2024

Tatiana Maslany Blames The Passion Of The Picket Lines For Her Smash Of Disney’s Bob Iger

She-Hulk star Tatiana Maslany won’t back down from her comments about Disney CEO Bob Iger that were made during the SAG-AFTRA strikes. But she seems somewhat sorry that she smashed the CEO of the company that produces her show.

‘She-Hulk’ Star Tatiana Maslany Was ‘So Heated Up’ When She Called Disney CEO Bob Iger ‘Out of Touch’ During the Strike: ‘It’s Hard to Articulate Yourself’ on the Picket Line - variety.com - New York
variety.com
20.04.2024

‘She-Hulk’ Star Tatiana Maslany Was ‘So Heated Up’ When She Called Disney CEO Bob Iger ‘Out of Touch’ During the Strike: ‘It’s Hard to Articulate Yourself’ on the Picket Line

Zack Sharf Digital News Director “She-Hulk” star Tatiana Maslany went viral during the SAG-AFTRA strike last year when she called out Disney CEO Bob Iger for being “completely out of touch” due to his controversial comments about the Hollywood work stoppage. That “She-Hulk” was a Disney-backed Marvel series streaming on Disney+ only drew more heightened attention to her Iger call out.

Game On! Top Congressmen Want Disney, Fox & Warner Bros Discovery CEOs To Spill Details On Joint Sports Streaming Service - deadline.com
deadline.com
16.04.2024

Game On! Top Congressmen Want Disney, Fox & Warner Bros Discovery CEOs To Spill Details On Joint Sports Streaming Service

Two top Congressman want Bob Iger, David Zaslav and Lachlan Murdoch to provide some solid answers about Disney, Warner Bros Discovery and Fox’s proposed sports streaming service.

U.S. Reps Raise Concerns That Disney, Fox, WBD Sports Streaming Venture Will Be Anticompetitive - variety.com - Texas
variety.com
16.04.2024

U.S. Reps Raise Concerns That Disney, Fox, WBD Sports Streaming Venture Will Be Anticompetitive

Todd Spangler NY Digital Editor The Disney/ESPN, Fox Corp. and Warner Bros. Discovery sports-streaming joint venture has drawn congressional scrutiny.

Marvel Makes Small Round Of Layoffs - deadline.com - New York - New York - city Burbank
deadline.com
15.04.2024

Marvel Makes Small Round Of Layoffs

EXCLUSIVE: We understand that Marvel underwent a handful of layoffs Monday, with 15 employees impacted across Marvel Entertainment in New York and Marvel Studios in Burbank.

Marvel Lays Off 15 Staffers - variety.com - New York - city Burbank
variety.com
15.04.2024

Marvel Lays Off 15 Staffers

Adam B. Vary Senior Entertainment Writer Marvel laid off 15 staffers on Monday, including lower-level production and development employees in Marvel Studios in Burbank as well as employees in the Marvel Entertainment division in New York. The layoffs were predicated by the overall reduction in Marvel’s slate of film and TV titles after the challenges of the 2023 releases led the company to reassess the rapid increase in productions to feed the launch of Disney+.

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