Disney looks to get business back on track

As proxy fight ends, Bob Iger's restructuring program is meant in large part to get the company back on track to make its popular streaming services profitable.
 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
Los Angeles Times
Entertainment
Peltz ends Disney proxy fight after layoff announcement. Iger says company was 'intoxicated' by subscriber growth Click to view images

The statement comes after Disney Chief Executive Bob Iger detailed a major restructuring of the company this week, including 7,000 job cuts.

SHARE   |  Facebook  2-tw.pngREAD MORE
ADVERTISEMENT
Family of Halyna Hutchins sues Alec Baldwin and others for 'Rust' shooting Click to view images

The family of Halyna Hutchins has filed a lawsuit against Alec Baldwin and others for the fatal shooting of the "Rust" cinematographer.

SHARE   |  Facebook  2-tw.pngREAD MORE
Burt Bacharach, songwriter who was 'synonym for pop-music success,' dies at 94 Click to view images

Seen by some as his generation's greatest songwriter, Bacharach teamed up for hits such as "I Say a Little Prayer" and "Do You Know the Way to San Jose."

SHARE   |  Facebook  2-tw.pngREAD MORE
ADVERTISEMENT
Review: The stunning drama 'Godland' is an epic tale of ice and men Click to view images

Hlynur Pálmason's beautifully filmed drama follows a 19th-century Danish priest (Elliott Crosset Hove) on an arduous and misguided journey north to Iceland.

SHARE   |  Facebook  2-tw.pngREAD MORE
'It was a witch-burning': Roseanne may forgive Hollywood, but she'll never forget Click to view images

The comedian's new Fox Nation special is her largest platform since ABC fired her over a racist tweet in 2018. And she has no plans to hold back.

SHARE   |  Facebook  2-tw.pngREAD MORE
Review: Jena Malone is terrific, but supernatural thriller 'Consecration' is hit-and-miss Click to view images

Jena Malone plays a woman investigating her priest brother's death at a convent in Scotland in director Christopher Smith's muddled supernatural thriller "Consecration."

SHARE   |  Facebook  2-tw.pngREAD MORE
Danielle Deadwyler attributes Oscars snub of 'Till' to racism against Black women Click to view images

Actor Danielle Deadwyler, whose acclaimed performance in "Till" wasn't nominated for an Oscar, cited racism as a factor.

SHARE   |  Facebook  2-tw.pngREAD MORE
ADVERTISEMENT

Thank you for reading the Los Angeles Times
Entertainment newsletter.
Invite your friends, relatives, coworkers to sign up here.
Not a subscriber? Get unlimited digital access to latimes.com. Subscribe here.
Los Angeles Times
Copyright © 2023, Los Angeles Times
2300 E. Imperial Highway, El Segundo, California, 90245
1-800-LA-TIMES | latimes.com

*Advertisers have no control over editorial decisions or content. If you're interested in placing an ad or classified, get in touch here.

We'd love your feedback on this newsletter. Please send your thoughts and suggestions here.

You received this email because you signed up for newsletters from The Los Angeles Times.
Manage marketing email preferences · Unsubscribe from this newsletter · Terms of service · Privacy policy · Do Not Sell My Personal Information · CA Notice of Collection

FOLLOW US Divider   Facebook   2-tw.png   Instagram   YouTube

Blog Archive