Disney Chairman/CEO Bob Iger Tweets Supporting Gun Control In Wake Of Texas Shootings

Walt Disney Company chairman/CEO Bob Iger has once again called for gun control measures, tweeting following the Texas Santa Fe High School shootings.
Iger has been outspoken in the past about the need for measures to control gun violence, and Saturday…

Walt Disney Company chairman/CEO Bob Iger has once again called for gun control measures, tweeting following the Texas Santa Fe High School shootings. Iger has been outspoken in the past about the need for measures to control gun violence, and Saturday’s tweet continues his campaign. Iger noted at the Vanity Fair summit after the Las Vegas mass shootings, “I don’t think this is politics. I think this is a crisis.”  He added:  "We have the worst record in the modern world…

Disney Executives Weigh Possible Return Of John Lasseter

The Walt Disney Co.’s executives reportedly are discussing John Lasseter’s possible return to the company, six months after the animation chief admitted to vague “missteps’ and took a leave of absence.
Disney has not indicated w…

The Walt Disney Co.’s executives reportedly are discussing John Lasseter’s possible return to the company, six months after the animation chief admitted to vague “missteps’ and took a leave of absence. Disney has not indicated whether Lasseter will come back, and has not responded to Deadline’s requests for comment. However, the Wall Street Journal quotes an anonymous “person familiar with the matter” as saying he may return in a different role that would retain his…

Disney Fails In Attempt To Keep Harvey Weinstein’s Employment Agreements Secret

A Canadian court today denied the Walt Disney Co.’s request to keep a series of employment agreements with Harvey Weinstein confidential.
The decision comes in a lawsuit initiated in October by an unidentified Toronto actress who is suing the disgraced Hollywood mogul for $4 million, claiming that he sexually assaulted her twice in 2000, when she was working on a Miramax teen film.
As Jane Doe, the woman is pursuing negligence claims against Miramax, saying it facilitated…

A Canadian court today denied the Walt Disney Co.’s request to keep a series of employment agreements with Harvey Weinstein confidential. The decision comes in a lawsuit initiated in October by an unidentified Toronto actress who is suing the disgraced Hollywood mogul for $4 million, claiming that he sexually assaulted her twice in 2000, when she was working on a Miramax teen film. As Jane Doe, the woman is pursuing negligence claims against Miramax, saying it facilitated…

Disney Chief Strategy Officer Kevin Mayer Says New Streaming Service Not Designed To “Kill Netflix”

Even as Disney prepares to launch a pair of streaming services to deliver sports and entertainment directly to consumers, the studio is unlikely to indulge in Netflix-like collapsing of release windows — at least when it comes to blockbuster movies.
Walt Disney Co. Chief Strategy Officer Kevin Mayer said the studio’s event films (like the forthcoming Black Panther movie) are designed to be experienced in theaters. This focus on cinematic blockbusters has paid off…

Even as Disney prepares to launch a pair of streaming services to deliver sports and entertainment directly to consumers, the studio is unlikely to indulge in Netflix-like collapsing of release windows — at least when it comes to blockbuster movies. Walt Disney Co. Chief Strategy Officer Kevin Mayer said the studio’s event films (like the forthcoming Black Panther movie) are designed to be experienced in theaters. This focus on cinematic blockbusters has paid off…

Comcast Mulls Renewing Its 21st Century Fox Assets Pursuit – Report

A renewed bid for 21st Century Fox assets is being contemplated by media giant Comcast, according to a report in the Wall Street Journal.
Comcast was rejected in its prior pursuit of the entertainment assets at Fox even though its bid came in 15 percent higher than the Walt Disney Co., the WSJ reported. The Comcast price was in the low $60 billion range to Disney’s $52.4 billion, the media outlet said.
Fox allegedly declined the higher bid from Comcast because of…

A renewed bid for 21st Century Fox assets is being contemplated by media giant Comcast, according to a report in the Wall Street Journal. Comcast was rejected in its prior pursuit of the entertainment assets at Fox even though its bid came in 15 percent higher than the Walt Disney Co., the WSJ reported. The Comcast price was in the low $60 billion range to Disney’s $52.4 billion, the media outlet said. Fox allegedly declined the higher bid from Comcast because of…

Fox Earnings Beat Expectations

Twenty-first Century Fox exceeded Wall Street’s expectations in its second quarter earnings.
Fox reported revenue of $8.04 billion for the quarter, ahead of analyst estimates of $7.94 billion. The media giant reported an adjusted per share earnings of 42 cents a share, exceeding analyst forecasts of 38 cents a share.
The company said total revenues rose 5% from a year ago, thanks to higher affiliate, syndication and advertising revenue.
The cable group reported an…

Twenty-first Century Fox exceeded Wall Street’s expectations in its second quarter earnings. Fox reported revenue of $8.04 billion for the quarter, ahead of analyst estimates of $7.94 billion. The media giant reported an adjusted per share earnings of 42 cents a share, exceeding analyst forecasts of 38 cents a share. The company said total revenues rose 5% from a year ago, thanks to higher affiliate, syndication and advertising revenue. The cable group reported an…

Disney Gives $1,000 Cash Bonuses To 125,000 Employees

The Walt Disney Co. said it would hand $1,000 bonuses to more than 125,000 employees and invest $50 million in a new education program designed to cover tuition costs for hourly employees.
Taken together, these two initiatives represent an investment of $175 million in the fiscal year.
“I am proud we are directing approximately $125 million to our cast members and employees across the country and making higher education more accessible with the launch of this new…

The Walt Disney Co. said it would hand $1,000 bonuses to more than 125,000 employees and invest $50 million in a new education program designed to cover tuition costs for hourly employees. Taken together, these two initiatives represent an investment of $175 million in the fiscal year. "I am proud we are directing approximately $125 million to our cast members and employees across the country and making higher education more accessible with the launch of this new…