News Formal

Disney Warns “Restructuring, Change In Business Strategy” May Squeeze Financial Results; Notes $900M Payment For Rest Of BamTech

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Disney said an upcoming restructuring under new/old CEO Bob Iger could result in impairment charges. It also noted that, as expected, it’s acquired the remaining 15% of streaming tech company BamTech it didn’t already own, paying $900 million

it didn’t already own, paying $900 million. The news was tucked in a long year-end SEC filing today after a tumultuous ten days for the company.

“As contemplated by the leadership change announcement, we anticipate that within the coming months Mr. Iger will initiate organizational and operating changes within the Company to address the Board’s goals. While the plans are in early stages, changes in our structure and operations, including within

, can be expected,” the 10K filing said. “The restructuring and change in business strategy, once determined, could result in impairment charges.”Bob Iger Tells Disney Town Hall Hiring Freeze Still In Effect, No New Acquisitions Planned & Not Merging With Apple Bamtech, now called Disney Streaming, was previously owned 85% by Disney and 15% by MLB. Disney had the right to buy in the rest of it by a 2023 deadline — five years after it acquired its original stake.

The lengthy filing that recapped the past year’s financials — Disney’s fiscal year ends Sept. 30 — didn’t have much else about the new regime beyond what’s been reported.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 109. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Rumored Apple-Disney merger addressed by returning Disney CEO Bob IgerEvery so often rumors of an Apple acquisition of Disney starts spreading. Today, Disney's returning CEO Bob Iger put the kibosh on such rumors.
Fonte: PhoneArena - 🏆 322. / 59 Consulte Mais informação »

Disney CEO Bob Iger says company’s hiring freeze will remain in placeBob Iger fielded questions from Disney employees during a private town hall event Monday and discussed multiple issues facing the company. Bettcha... NO One discussed...GREED!!!...
Fonte: FOX10Phoenix - 🏆 83. / 68 Consulte Mais informação »

Disney CEO Bob Iger says company’s hiring freeze will remain in placeBob Iger fielded questions from Disney employees during a private town hall event Monday and discussed multiple issues facing the company. I like to ask Iger why there 3 six's in the company logo You did suck, you do suck, you will still suck. Woke Disney sucks. And stop green-lighting woke movie productions that cost hundreds of millions.
Fonte: FOX29philly - 🏆 570. / 51 Consulte Mais informação »