Disney shareholders back CEO Iger, rebuff activists who wanted to shake up the company

SAN FRANCISCO (AP) — Disney shareholders have rallied behind longtime CEO Robert Iger, voting Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney Chief Financial Officer Jay Rasulo, who had sought seats on the company’s board. The company had...

Disney CEO Bob Iger fends off a challenge by activist investor Nelson Peltz, seats allies on Disney’s board

BURBANK, Calif. (AP) — Disney CEO Bob Iger fends off a challenge by activist investor Nelson Peltz, seats allies on Disney’s board.

Disney to invest $1.5 billion in 'Fortnite' maker Epic Games to create games, entertainment

BURBANK, Calif. (AP) — The Walt Disney Co. said Wednesday it is paying $1.5 billion for a stake in “Fortnite” maker Epic Games, working with the game developer to create a “games and entertainment universe” that will feature games, shows and characters from Disney, Pixar, Marvel, Star...

Disney posts solid Q1 results thanks to its theme parks and cost cuts

SAN FRANCISCO (AP) — The Walt Disney Co. on Wednesday posted stronger-than-expected earnings for the final three months of 2023, boosted by cost cuts and growing revenue from its theme parks business. CEO Bob Iger said the company is on track to make its streaming services...

Taylor Swift's 'The Eras Tour' is heading to Disney+ with 5 new songs added

NEW YORK (AP) — Taylor Swift's blockbuster concert film “The Eras Tour” will make its streaming debut on Disney+, the Walt Disney Co. announced Wednesday. The film, now titled “Taylor Swift: The Eras Tour (Taylor's Version)" will land on the streaming platform March 15. Five...

‘Moana 2’ is coming to theaters for a Thanksgiving release

Moana and Maui are sailing back to the big screen, very quickly. “Moana 2” is coming to theaters in November, Walt Disney Company CEO Bob Iger said Wednesday. Originally planned as a television series, the movie finds Moana journeying on a dangerous mission to the far seas of...