Disney’s Movies Face a Big Test, and Bob Iger Likes His Chances [Bloomberg Business News]
Walt Disney Company (The) (DIS)
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Source: Bloomberg Business News
The movie business may be in a world of trouble, but at the premiere of Walt Disney Co. ’s next big superhero film “Thor: Ragnarok,” Bob Iger sounded every bit as confident as the Viking space god himself. “With ‘Thor,’ ‘Coco’ and ‘Star Wars,’ I like our hand,” Disney’s 66-year-old chief executive officer said, ticking off his next three releases. “I don’t think one summer or one year tells us anything, other than you have to always be working at making great films.” After the worst summer in a decade, U.S. ticket sales are down 5 percent this year. And the big disappointments have been the types of films Hollywood has focused on: revivals and sequels like “The Mummy” and “Transformers 5,” along with Disney’s own “Pirates of the Caribbean” and “Cars 3.” By buying Pixar, Marvel Entertainment and Lucasfilm for $15 billion over the past decade, Iger has staked more than anyone on turning familiar brands and characters into cinematic money machines. Bob Iger, ri
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DIS
Earnings
- 2/7/24 - Beat
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Sec Filings
- 4/17/24 - Form 8-K/A
- 4/9/24 - Form 8-K
- 4/3/24 - Form 8-K
- DIS's page on the SEC website