JV deal with Reliance Industries will help Disney derisk in India: Bob Iger

Walt Disney CEO Bob Iger believes the joint venture with Mukesh Ambani’s Reliance Industries Limited (RIL) will enhance the company’s bottom line and reduce risk in the Indian market. Iger also said that the JV deal will allow Disney to own a significant stake in a larger media entity and also maintain a presence in …

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‘Moana 2’ is coming to theaters for a Thanksgiving release

Moana and Maui are sailing back to the big screen, very quickly. “Moana 2” is coming to theaters in November, Walt Disney Company CEO Bob Iger said Wednesday. Originally planned as a television series, the movie finds Moana journeying on a dangerous mission to the far seas of Oceania after getting a call from her …

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Tesla Removes Disney+ In Escalating Feud Between Musk and Iger

Tensions appear to be escalating in the feud between Elon Musk and Disney CEO Bob Iger. Electric vehicle news website Electrek reports that Tesla has removed the Disney+ app from some of the vehicle’s infotainment systems. Some Tesla owners have verified this story, leaving bewildered posts on social media about Disney+’s sudden disappearance. “I can …

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Disney CEO exit: Disney CEO Iger promises 2026 exit, says ABC not for sale

Walt Disney Chief Executive Bob Iger said on Wednesday he would “definitely” step down when his current contract ends in 2026 and that the ABC broadcast network was not for sale. In a wide-ranging interview at the New York Times Dealbook Conference, Iger also said he was “bullish” on the prospects for Shanghai Disneyland and …

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Disney-Reliance Deal: Why Bob Iger should follow Murdoch’s lead and cash out

A new class of competition is disrupting legacy media in the world’s most-populous nation, leading to a second change in the ownership of a popular franchise in four years. Rupert Murdoch was the first to see the threat. Now it’s Bob Iger’s turn. The Walt Disney Co. boss is nearing a multi-billion-dollar deal to sell …

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Blackstone eyes leading role in Disney India reel

Blackstone, the world’s largest private equity firm, has initiated discussions with the Walt Disney Co to evaluate buying the media giant’s India streaming and television business, said people aware of the matter. The senior India leadership of both companies have held multiple meetings in recent weeks. Blackstone is exploring either buying the business partially — …

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disney: Disney to cut target for Disney+ streaming subscribers

Walt Disney Co. expects to fall tens of millions of subscribers short of its last publicly stated 2024 target for the Disney+ streaming service, according to people familiar with the matter. The goal of 215 million to 245 million subscribers was set in August 2022 by then-Chief Executive Officer Bob Chapek. In February, returning CEO …

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