BURBANK, Calif. - Bob Iger, the enterprising entertainment executive who brought Star Wars, Pixar and Marvel under themarquee and challenged the streaming dominance of Netflix, will replace his handpicked successor, CEO Bob Chapek, whose two-year tenure has been marked by clashes, missteps and a weakening financial performance.'s quarterly financial performance fell well short of Wall Street expectations on both profit and revenue, a rarity, sending shares tumbling 12%.
That transition was anything but smooth and on Sunday, Iger agreed to a two year contract to redirect's public face for 15 years as chief executive before handing the job off to Chapek in 2020, a stretch in which he compiled a string of victories lauded in the entertainment industry and byduring one of the most challenging periods in company history that began with a pandemic and ended, at least under Chapek's rule, with spiraling inflation.
is he approved by Mussolini 2 ?
What 'few'? When you support evil, many will rise up:
Go woke go broke. Disney can rot
The increases in prices, new charges for fastpasses and basically upcharging for every option no longer made Disney feel 'Magical'.
They went 'woke' and almost broke. Now they are trying to get out of the tangled mess they created.
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