Can Bob Iger fix Disney? | CNN Business

With $1.5 billion in streaming losses last quarter alone, park fans unhappy, sinking cable networks like

+, Hulu and most importantly, Disney+ — had been the most vital part of the company’s vast media kingdom. It served as a life raft for Disney in the early days of the pandemic — one of the most tumultuous periods in the company’s history — and grew to 100 million subscribers in just 16 months. Now, that business has become an anchor that’s weighing it down. The company reported earlier this month that Disney+ exceeded Wall Street’s expectations for subscriber growth.

lose viewership. That has hurt Disney’s entire business. This was a major point of contention for Dan Loeb, the activist investor and Third Point CEO who made headlines in August when he suggested “a strong case can be made that the

Disney has destroyed it’s reputation as a family friendly company. No 1 (except the people who would take their kids to a drag show) wants their kids to take part in the woke agenda. A new CEO won’t be able to regain parents trust unless they depoliticize & make massive changes

Ushering out the woke?

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bob Iger named Disney CEO again, replacing Bob Chapek, in a shock to Hollywood | CNN BusinessBob Iger, one of the most successful CEOs in the history of The Walt Disney Company, is returning to once again run the media empire. It's a shocking development at Hollywood's biggest company. Go woke go broke 🤣😂 hopefully he can get them back on track and entertaining children not being in the political arena IRGCterrorists opened fire on unarmed people in the city of Javanrud and killed a number of women and children. Why has the world closed its eyes on the crime of the Mullah regime? iran MahsaAmini cnn FoxNews WashTimes UNHumanRights WhiteHouse UN Europarl_EN Still doesn't change my mind about going to Disney. He better make some major changes. Under his leadership it was still a dumpster fire. The average family can't afford the miserable experience they provide.
Source: cnni - 🏆 326. / 59 Read more »