Tag Archives: The Walt Disney Company

The Walt Disney Company reported improved revenues in the second quarter and a narrowing of streaming losses, despite losing subscribers at Disney+.

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Asad Ayaz has been named the first-ever chief brand officer of The Walt Disney Company, reporting directly to CEO Robert A. Iger.

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The Walt Disney Company has unveiled a strategic restructuring, organized into three core, collaborative business segments: Disney Entertainment, ESPN and Disney Parks, Experiences and Products.

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Disney+ shed 2.4 million subscribers in the first quarter of fiscal 2023, while overall revenues at The Walt Disney Company rose by 8 percent to $23.5 billion.

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The Walt Disney Company board of directors has elected Mark G. Parker, executive chairman of Nike, as chairman of the board.

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Robert A. Iger is returning to The Walt Disney Company as CEO, effective immediately, replacing Bob Chapek.

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Revenues at The Walt Disney Company were up 9 percent to $20.15 billion in Q4, with the company ending the period with a total of 164.2 million Disney+ subscribers, a 39 percent year-on-year gain.

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The Walt Disney Company has given a $1 million grant to Exceptional Minds, a nonprofit academy and working studio training young adults on the autism spectrum for careers in the creative arts.

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The Walt Disney Company touted an additional 14.4 million subscribers for Disney+ during the third fiscal quarter for a total of 152.1 million subs, alongside a 26 percent bump in company revenues.

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The Walt Disney Company has named Dana Walden as chairman of Disney General Entertainment Content, succeeding Peter Rice, who is leaving the company.

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