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fromBusiness Insider
19 hours ago

Meet Disney's next CEO, Josh D'Amaro, who shares Bob Iger's birthday and sense of style

It's official: Josh D'Amaro is Disney's new top dog - or, in this case, mouse. D'Amaro, who oversees Disney's parks as its experiences chairman, was just chosen to succeed Bob Iger as CEO. Iger is set to step down on March 18, paving the way for D'Amaro to take over. D'Amaro is an "exceptional leader and the right person to become our next CEO," Iger said in a statement. Disney's board voted unanimously for his promotion on Monday, the company said in a statement.
World news
Business
from24/7 Wall St.
2 months ago

Disney (DIS) Climbs in Pre-Market After Mixed Q4 Results

Disney's profitability benefits from Parks and streaming subscription growth while overall revenue growth lags, masked by buybacks and cost management.
from24/7 Wall St.
4 months ago

Disney Ruined by CEO Iger

Among the biggest mistakes Iger made late in his first time as a CEO was the launch of Disney's streaming product Disney+. The service kicked off in November 2019. It had about 500 movies from Disney, Pixar, Marvel, Star Wars, and National Geographic. It was too small and had too little content to compete with industry leaders Amazon and Netflix. In February, Forbes put the operating loss of Disney+, the proxy for which is Disney's Direct To Consumer (DTC) segment, at $10.7 billion since the service started.
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