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The search for Disney's next CEO has become a chaotic mess as activist investors push for seats on the company's board and Hollywood insiders are skeptical that any of the top contenders will be ready when Bob Iger is slated to step down in 2026. ....
The company experienced a sharp decline in its traditional TV business for the second straight quarter and will raise subscription prices for its streaming services. ....
Disney is now exploring a once-unthinkable sale of a stake in ESPN. Not all of it, Robert Iger, Disney s CEO, has made clear. But he wants "strategic partners that could either help us with distribution or content," he said during an interview with CNBC last month. Disney has held talks with the NFL, the NBA and MLB about taking a minority stake. ....