Disney
Disney Employee Sues Company Over Alleged Cover-Up of Sexual Assault By Executive
Disney is facing a lawsuit from an employee who accuses the company of concealing a former executive’s alleged pattern of sexual misconduct after she was assaulted. The complaint, filed in Los Angeles Superior Court on Tuesday, claims management at Disney repeatedly refused to escalate concerns about former vice president of distribution Nolan Gonzales despite several […]
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Bob Iger Prepares for Ike’s Pirate Ship to Fire at Disney
“You broke my heart.” That’s what former Marvel Entertainment chairman and CEO Ike Perlmutter said to Bob Iger, according to The Wall Street Journal, when Iger made it clear in 2015 that he was not going to name veteran Disney executive and Perlmutter favorite Jay Rasulo as his eventual successor. (He anointed Tom Staggs instead, […]
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Trailer for Mickey Mouse Slasher Film Drops on Same Day ‘Steamboat Willie’ Character Enters Public Domain
Well, that didn’t take long. On the first day that Disney’s 1928 short Steamboat Willie entered the public domain, a trailer has dropped for a horror comedy film featuring none other than Mickey Mouse as the killer. The synopsis for the film, called Mickey’s Mouse Trap, reads: “It’s Alex’s 21st birthday, but she’s stuck at […]
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2023 Box Office: Domestic Revenue Clears $9B in Post-Pandemic First (Thanks, Barbenheimer)
Phew. Domestic box office revenue was able to clear $9 billion after all, despite a dismal fall season at the multiplex, according to Comscore. That’s the best showing of the post-pandemic era, with revenue in U.S. and Canada up 20 percent over 2022’s $7.5 billion. But movie ticket sales are still down sharply from pre-pandemic […]
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Hollywood’s Elusive Goal This Year: Streaming Profits
“So You’re Sayin’ There’s a Chance.” Wells Fargo analyst Steven Cahall channeled a famous line from Dumb and Dumber in the title of a Nov. 3 report, in which he analyzed how Hollywood giants and their investors started off the final earnings season of 2023 with the hope that it would provide proof that the […]
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Disney Magical Christmas Day Parade 2023: How to Watch the Holiday Special on TV and Online for Free
One of the most popular family holiday traditions is back for another year with the 40th anniversary of the Disney Parks Magical Christmas Day Parade. This year’s parade was filmed at the Walt Disney World Resort and features appearances from favorite Disney characters, a tour of the park, colorful floats and performances from some of […]
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Morgan Stanley CEO Says He Will Help With Disney’s Succession Plan When He Joins Its Board
The Walt Disney Co. is about to add someone who knows a thing or two about CEO succession to its board of directors. James Gorman, who will step aside as CEO of Morgan Stanley at the end of this year after overseeing what is widely regarded as a carefully-planned succession process at the investment bank, […]
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Cinderella’s Castle From Disney World Set to Take Over Roku City (Exclusive)
Roku City is about to get a magical new addition. Cinderella’s Castle from Walt Disney World is being added to the Roku City screensaver Monday, all part of the 100th anniversary celebration for The Walt Disney Co. The castle, sticking with Roku’s signature purple color scheme, also includes the statue of Walt Disney and Mickey […]
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Disney’s Legal Woes Mount As Exec Notes “Pay Equity Nightmare” in Unsealed Court Docs
In 2014, Nancy Dolan — manager of creative music marketing at Disney — was denied a promotion to director over the objections of her supervisor, president of music Mitchell Leib, who said she was “worth her weight in gold.” He urged higher-ups to reconsider the decision. “Nancy back-filled and took over the entire position of […]
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Former Disney Exec Ben Sherwood Sells Youth Sports Tech Startup Mojo to Software Firm In Bid to Scale Up
Mojo, the youth sports technology company founded by former Disney TV chief Ben Sherwood, has been acquired by the youth sports software firm TeamSnap. Mojo was “inspired by kind of the Disney mantra of wanting to surprise and delight families exceed their expectations and most of all, help them make memories to last a lifetime,” […]
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Disney Activist Fight Escalates as Nelson Peltz Nominates Former CFO Jay Rasulo for a Board Seat
Disney’s former CFO is now part of Trian’s proxy fight with the entertainment giant. Jay Rasulo, who was once seen as one of Disney CEO Bob Iger’s heirs apparent at the company, has been nominated for a seat on the company’s board by Trian Partners. As expected, Trian also nominated its founder Nelson Peltz for […]
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Ike’s Revenge? Ousted Marvel Mogul Looms As Disney Proxy Fight Heats Up
The last time Nelson Peltz and his firm Trian Partners waged a proxy battle against Disney, less than a year ago, they laid out their concerns in a PowerPoint presentation. Disney needed to cut costs, Trian said. It needed to bring back its dividend and get its free cash flow back on track. Disney was […]
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