Disney Looking to Sell Equity Stake in ESPN, Other Networks as Financial Losses Mount
Entertainment giant Disney is starting to look for ways to unload large chunks of ownership stakes in TV networks including ESPN.
Entertainment giant Disney is starting to look for ways to unload large chunks of ownership stakes in TV networks including ESPN.
Disney completed its third round of mass layoffs last Friday ahead of the Memorial Day holiday weekend, with no fairytale ending for 7,000 workers sent to the exits at the besieged company.
Now you see it, now you don’t. Disney is eliminating its entire metaverse division as part of the impending mass layoffs destined to impact as many as 7,000 employees, a report Monday claims.
The shameless child groomers at Disney are in serious financial trouble, and 7,000 employees are about to be sacrificed to the bottom line-god.
Florida Gov. Ron DeSantis (R) has returned serve at the Walt Disney Company’s returning CEO, Bob Iger, who lamented the brand was unwillingly “dragged” into a political fight in the Sunshine State over the “Parental Rights in Education” bill.
Disney’s old-now-new CEO Bob Iger reportedly said at an employee townhall meeting Monday the he doesn’t like seeing the company embroiled in controversies, saying he will try to “quiet things down” on the political front.
It remains to be seen if Bob Iger has the strength of character to push back against the economically destructive wokeward tilt at Disney.
The Walt Disney Co. is hoping that returning CEO Bob Iger will wave his magic wand like Cinderella’s fairy godmother and make everything better following Bob Chapek’s calamitous tenure. But analysts are predicting the task won’t be so easy, saying Iger will need to slash spending and restore profitability in two years’ time — a feat of sorcery that the Disney veteran may not be able to pull off.
Everyone who knows nothing about how real life works is all excited about former Disney Chief Bob Iger returning to the captain’s chair.
During his disastrous tenure as Disney CEO, Bob Chapek oversaw a near-complete wokification of the once-beloved company with his aggressive pursuit of far-left causes, including transgenderism and the sexualization of children’s entertainment.
Disney announced on Sunday that CEO Bob Chapek will be exiting as CEO of the company as former head Bob Iger returns.
First, Florida Gov. Ron DeSantis (R) won re-election in a landslide victory on Tuesday. Then Disney’s corporate earnings disappointed Wall Street, sending its stock crashing to new lows. Now the entertainment giant is reportedly planning layoffs, a targeted hiring freeze, and travel limitation on its employees.
Disney’s stock price plummeted this week and suffered its worst drop in 21 years.
CBNC anchor Jim Cramer said Wednesday on “Squawk Box” that Walt Disney Company CEO Bob Chapek needed to be fired because of a disappointing fiscal fourth-quarter earnings report.
The Walt Disney Co., a pro-grooming entertainment outlet dedicated to allowing adults to sexually groom children as young as six, is looking to mend fences with the Republican Party.
Walt Disney Co. CEO Bob Chapek has pushed back on the claim that the company has become “too woke” following its whole-hearted embrace of radical transgender ideology and LGBTQ activism.
Despite dubbing itself the “Happiest Place on Earth,” guests at Walt Disney World in Orlando, Florida, are expressing on social media that the resort appears to be in decline.
Disney CEO Bob Chapek now claims he wants the company to be “everything for everyone” after he caved to the woke mob and fought the anti-grooming law in Florida.
Disney CEO Bob Chapek recently suggested that the “essence” of the Disney brand was misused in its opposition of parental rights in Florida, making the remarks months after the company went full groomer in opposing a ban on inappropriate discussions on sexual orientation and gender identity in kindergarten classrooms.
The Walt Disney Co. has once again caved to the far left by reversing its earlier decision to reject Democrat commercials on abortion and gun control that were intended to run on Hulu.
Subscribers to ESPN’s streaming service are about to be faced with a 43 percent rise in monthly fees as owner Disney’s stock prices tumble.
The fallout of Disney’s woke “Lightyear” bombing at the box office has been felt so far and wide that none other than Rep. Jim Jordan (R-OH) has chimed in on its colossal collapse.
Disney employees are reportedly in a state of confusion over the company’s plan to move 2,000 workers to Florida from California, and they are blaming CEO Bob Chapek for the “chaos.”
Shares of the Walt Disney Co. continued their free fall this week, dropping 9 percent to close Friday at $99.40 — the first time the stock has closed below $100 in more than two years.
The Walt Disney Co. has seen its stock take yet another beating, dropping nearly 6 percent since Thursday’s surprising executive shake up that saw CEO Bob Chapek fire his presumed successor, Peter Rice, who served as Disney’s chairman of entertainment and programming.
There’s blood on the floor of the Mouse House throne room.
Disney has ousted a top executive who slammed Florida’s anti-grooming, Parental Rights in Education law as “a violation of fundamental human rights.”
Florida Gov. Ron DeSantis’s campaign called out the hypocrisy of woke Walt Disney Co. after it was discovered that apparel from its LGBTQ-themed “Pride Collection” fashion line is actually made in China — “one of the world’s worst human rights abusers.”
It look like the magic is gone. The costs of visiting many of Disney’s theme parks have soared out of range for the average American family, according to a report.
Disney CEO Bob Chapek made no mention of the California-based company’s vow to fight Florida’s anti-grooming law during his commencement speech at Indiana University Bloomington over the weekend.
Disney CEO Bob Chapek returned to his alma mater, Indiana University Bloomington, this weekend to deliver a deliver a commencement speech, in which he botched the Disney World motto, referring to the theme park as “the happiest place on earth” rather than “the most magical place on earth.”
Geoff Morrell, the chief corporate affairs officer for Disney, who helped crafted the embattled company’s response to Florida’s Parental Rights in Education law, has resigned to “pursue other opportunities” after just three months.
The great grandchild of the late Roy Disney, who co-founded Disney with his younger brother Walt, has come out as transgender and is going on the attack against Florida’s Parental Rights in Education law.
Disney CEO Bob Chapek issued a groveling apology to LGBTQ activists in his company this week while promising to take urgent action to meet their needs.
From Pixar to Marvel to Star Wars, Disney properties have fully embraced the LGBTQAI2S+ movement and are only ramping up their efforts, especially with the Disney+ streaming service providing another pathway into the minds of young children.
Former Liverpool soccer player Dejan Lovren jumped to Twitter on Saturday to tell fans that he had canceled his subscription to Disney+.
House Republican Study Committee (RSC) Chairman Jim Banks (R-IN) wrote in a letter to Disney CEO Bob Chapek that he will fight to rescind Mickey Mouse’s copyright renewal over the megacorporation’s LGBT campaign.
Former UFC/MMA Champion Jake Shields announced on Twitter that he “sold 100 percent” of his Disney stock to protest the company’s opposition to Florida’s parental rights law.
The Walt Disney Co. has held an emergency town hall meeting in an effort to appease LGBTQ employees who are engaging in company-wide walkouts in protest of executive leadership, according to multiple reports.
Disney CEO Bob Chapek continues to apologize to the company’s politically active employees and has announced a “task force” to develop action plans to make more LGBT-aware content for children and families.