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Disney Axes Key Employees Including Lightyear Director and Toy Story 2 Producer

Was it an ogre named Iger who cast a bad spell on the Magic Kingdom? Or is the Disney head prudently trying to cut costs in the interests of the bottom line? According to news reports from Reuters, The Walt Disney Company under Bob Iger’s leadership has slashed 7,000 staff positions in the past few…

Jeffrey Katzenberg: Still Proud of Quibi’s Abortive Moonshot

@Jeffrey Katzenberg on American Masters Three years after the demise of the streaming service Quibi, its founder Jeffrey Katzenberg says he is still proud of what he did. In an interview with LinkedIn’s CEO Ryan Roslansky, the former Disney/Paramount/DreamWorks executive said, “I’m humbled by the failure. But I’m proud that what we tried was a…

Bob Iger Returns as Disney CEO, Replacing Bob Chapek

The Mouseketeers are marching to a new drummer—actually an old one—with the return of Bob Iger as helm of the entertainment giant. The Walt Disney Company announced that Iger would be replacing Bob Chapek immediately. Chapek had replaced Iger as CEO of the company a scant two years ago. In a statement issued on Sunday…

Black Widow’s Record-Breaking Pandemic Opening Weekend Box Office Numbers May Not be Worth Celebrating

At first glance, Marvel Studios had a seemingly stellar weekend with the release of its latest superhero film, Black Widow. The drama broke the pandemic-era opening weekend box office record when it earned over $215 million globally between its opening night last Thursday, July 8, and yesterday, Sunday, July 11. The Walt Disney Company also…