Bob Iger News & Breaking Stories

Disney Legend Richard M. Sherman, half of the Sherman Brothers songwriting duo, has passed at 95, leaving behind an incredible legacy.

Disney's Q1 earnings report reveals big failures for Star Wars, The Marvels, and Wish, with a decline in Consumer Products revenue.

Disney announced a new sports streaming service with Warner and Fox due in autumn. It also confirmed a tie-up with Fortnite.

Disney announced a sequel to Moana, originally a TV show, now a film. Not to be confused with the live-action remake.

Elon Musk tells advertisers who fled X over antisemitic content to "go f*** yourself" in fiery interview. Musk later apologizes.

Disney's revenues are below expectations, but the company's earnings and streaming business are improving, and they plan to achieve cost cuts.

Disney's quarterly revenue grew 5%, but fell short of expectations. The company announced an ambitious $7.5 billion cost-cutting plan.

Marvel's upcoming show "Echo" features the return of Alaqua Cox as Maya Lopez, a Native American deaf amputee facing a crisis of faith and family. The show explores her past, including her transformation into a villain, and her reunion with Wilson Fisk. The show's executive producer promises new abilities for Maya. The release date has been pushed back to January 10, 2024. The show aims to deliver quality storytelling and has a TV-MA rating, suggesting a darker tone.

Disney has received an offer of $10bn from media mogul Byron Allen for its ABC TV network, local stations, and cable channels, as the company seeks to focus on streaming. Allen's offer is preliminary and could change, but is based on the assumption that the assets generated $1.25bn in earnings over the past year. Disney has also held talks with Nexstar Media Group about ABC and its eight local TV stations. No decision has been made about a sale, but the negotiations could help establish the value of television assets.

Florida Gov. Ron DeSantis urges Disney CEO Bob Iger to drop the lawsuit accusing him of political retaliation.

Billy Porter sells his house due to strikes in the entertainment industry, highlighting the impact of corporate greed on artists.

Wall Street's winning week continues as inflation eases on economy.

ESPN has laid off around 20 on-air commentators and reporters, including Jeff Van Gundy, Suzy Kolber, Jalen Rose, and Steve Young. The layoffs come as part of a cost-saving exercise at the network, following two rounds of mandated cuts by parent company Walt Disney. ESPN is expected to continue assessing its talent pool over the next year as contracts are reviewed or negotiated for renewal.

ESPN continues layoffs, with "SportsCenter" anchor Ashley Brewer among those let go.