Disney board appoints James Gorman to lead group weighing CEO successor
Morgan Stanley’s Executive Chairman James Gorman has been tapped to help lead the group looking for Disney CEO Bob Iger’s future replacement.
Bob Chapek
Disney, former CEO hit with lawsuit over streaming problems
The lawsuit, filed in federal court last week, alleges the company offered misleading statements about the health of its direct-to-consumer products.
Disney Plus subscribers shrug off recent price increase
Disney Plus subscribers largely stuck with the ad-free version of the service despite a recent price increase.
Disney board replaces Chapek with Iger
The Disney board of directors voted to replace CEO Bob Chapek with former CEO Robert Iger.
Disney plans hiring freeze, layoffs across some divisions
Disney CEO Bob Chapek says the company will stop hiring and reduce staff count in an effort to cut costs.
No plans to offer ad-supported Disney Plus, CEO says
Disney’s chief executive said there are no plans to offer a cheaper, ad-supported version of Disney Plus in the future.
Disney Plus surpasses 100 million global subscribers
The Walt Disney Company’s family-friendly streaming service Disney Plus has eclipsed 100 million subscribers, the company said in a statement on Tuesday.
Success with streaming not enough to prevent layoffs at Disney
Company executives say thousands of people will lose their jobs by March 2021.
After Mulan, Disney may tap streaming service for more high-price theatrical releases
Executives said they were pleased with how Mulan performed, though they didn’t say how many subscribers paid the premium price tag for it.