Disney President Bob Iger addresses rumors of the company being sold to Apple

Bob Iger once again finds himself at the helm of The Walt Disney Company, beginning his second stint as CEO of Mouse earlier this month. Soon after Iger returned to his office in Burbank, speculation began circulating online as to what acquisitions or sales the CEO might make in his tenure as Disney president. One such idea that gained the most traction was the idea that Apple could scrape together enough cash to buy the entertainment giant. The speculation became so intense, Iger spoke about the concerns at a company-wide…

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Bob Shabek Ali Karim Daniel is also coming out of Disney soon

Now that Bob Iger is back at Disney, Suite C is in the process of being overhauled. On Monday, Iger announced in an internal memo that Karim Daniel will be stepping down as president of Disney Media and Entertainment Distribution. As a senior aide to Bob Chapek at the helm of support, Daniel oversaw the distribution and release of all Disney projects. In his role, Daniel eventually became the deciding factor in whether the films were given theatrical or streaming vacation. “I have asked Dana Walden, Alan Bergman, Jimmy Pittaro,…

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Disney’s Bob Iger took a huge pay cut to comeback

The entertainment and business worlds were in for a big surprise Sunday night when it was announced that Bob Iger would return to The Walt Disney Company, with Iger replacing Bob Iger as CEO. Iger had previously retired in 2020, and while one would think it would require a large salary to bring back the CEO, Iger has already taken a significant salary cut to return to his old job. According to a report from diverseIger’s base salary is $1 million, and plus bonuses and a long-term incentive bonus, he…

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Bob Iger sends a note to Disney employees after replacing Bob Chapek as CEO

In what could end up being the biggest entertainment news of the year, Bob Iger has found his way back to Disney. Late Sunday night, Iger was named the new CEO of The Walt Disney Company, a position he previously held from 2005 to 2020. This time, Iger replaced his successor, Bob Chapek, after a tumultuous tenure at the helm of the company that lasted less than three years. Iger didn’t waste much time before he got down to business, sending out a company-wide email to Disney employees. “It is…

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