Disney

Disney CEO Bob Iger hires first brand officer

Disney CEO Bob Iger has created a new chief brand officer position – and he just tapped an experienced marketing exec at the entertainment giant, Asad Ayaz, to step into it.

Disney to begin laying off employees

Layoffs at the Walt Disney Company are reportedly commencing. Disney chief executive Bob Iger told employees in a memo that job cuts started this week.

Disney+ users paid up when the price rose

Disney retained 94% of subscribers from its old, ad-free Disney+ service after a $3 per month price increase, pushing the subscription to $10.99 per month.

Diamond Sports files for bankruptcy with $8B in debt

Sinclair Broadcast Group Inc.'s regional sports business Diamond Sports Group filed for bankruptcy after being unable to service debt. The filing comes three years after a 2019 deal to purchase the business from Walt Disney Co.