Tag: Broadcasting
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Disney lacks easy fixes to its numerous challenges, analyst warns
[ad_1] Walt Disney Co. Chief Executive Bob Iger is sticking around for longer in the company’s top post, and while he has ideas for changes at the company, they won’t necessarily be easy to execute. That’s the assessment of Dave Novosel, an analyst at Gimme Credit, who reiterated his underperform recommendation on Disney’s DIS, +1.53%…
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Disney faces several ‘concerning’ trends that make one analyst ‘more nervous’
[ad_1] Walt Disney Co. continues to give Macquarie analyst Tim Nollen new reasons to worry. The entertainment giant is in the midst of a cost-cutting push, but that can only help so much, according to Nollen. His list of “concerning” revenue trends is growing, and he thinks those dynamics could weigh on Disney’s DIS, +0.03%…
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ABC’s ‘Golden Bachelor’ taps Indiana widower for second chance at love
[ad_1] Boasting a golden rose and a lifetime of experience, Gerry Turner, a retired restaurateur, will star in the new “Golden Bachelor” reality dating show starting this fall. ABC DIS, -2.95% revealed on Monday that the 71-year-old will serve as the central star of the long-awaited spinoff of “The Bachelor” franchise, this one aimed at…
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Fran Drescher calls Disney CEO Bob Iger’s SAG, WGA strike comments ‘repugnant’
[ad_1] “‘I found him terribly repugnant and out of touch, and positively tone-deaf. … If I were that company, I would lock him behind doors and never let him talk to anybody about this.’” — SAG-AFTRA President Fran Drescher That was Fran Drescher, the SAG-AFTRA president and former “The Nanny” star, responding in a Variety…
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Opinion: Bob Iger’s repairs at Disney’s crumbling castle need more time
[ad_1] Repairing the crumbling castle that is the Walt Disney Co. is turning out to be a more complex and longer-than-expected job for Bob Iger. Last November, Iger returned as Disney’s chief executive with a two-year contract that would have ended in December 2024. At the time, Wall Street investors were overjoyed with the news…
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Disney extends CEO Bob Iger’s contract through 2026
[ad_1] Bob Iger’s sequel at Walt Disney Co. just got renewed for a few more seasons. Disney DIS, +0.74% said late Wednesday that its board has extended the chief executive’s contract through December 2026, praising Iger’s “successful leadership record and ongoing strategic transformation of the company.” Disney stock gained 0.6% in the extended session Wednesday…
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Macy’s Fourth of July fireworks: Where to watch, what time it starts, what’s new
[ad_1] Oh say, can you see one of the biggest fireworks displays in the country from the comfort of your couch? You bet. Macy’s M, +2.68% is keeping its Independence Day tradition alive for a 47th straight year on Tuesday night. The Macy’s Fourth of July Fireworks will blast off from barges along New York…