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Doge2theMoon
2022-11-21

Wow. Cannot retire

Disney's Iger May Have to Cut Costs As Streaming Loses Money

Nov 21 (Reuters) - Bob Iger must show Wall Street a new side to his character as he returns to lead

Disney's Iger May Have to Cut Costs As Streaming Loses Money

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Tall Guy
·2022-11-22
don't think he wants to since the money is gd [Happy]
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Cannot retire","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9961792336","repostId":1115231495,"repostType":4,"repost":{"id":"1115231495","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1669038623,"share":"https://www.laohu8.com/m/news/1115231495?lang=&edition=full","pubTime":"2022-11-21 21:50","market":"us","language":"en","title":"Disney's Iger May Have to Cut Costs As Streaming Loses Money","url":"https://stock-news.laohu8.com/highlight/detail?id=1115231495","media":"Reuters","summary":"Nov 21 (Reuters) - Bob Iger must show Wall Street a new side to his character as he returns to lead ","content":"<html><head></head><body><p>Nov 21 (Reuters) - Bob Iger must show Wall Street a new side to his character as he returns to lead Walt Disney Co by cutting costs and restoring profits in just two years after splurging cash on acquisitions and a streaming business last time round.</p><p>The entertainment giant shocked investors late on Sunday evening announcing the ouster of Chief Executive Bob Chapek and appointing Iger, 71, to a two-year contract to return the company to growth.</p><p>The move evoked other return engagements such as Steve Jobs&#39; return to Apple and Howard Schultz&#39;s return to Starbucks in times of crisis.</p><p>&#34;The bold move (Iger&#39;s return) might feel like the right one. However, the business is at a different phase of growth,&#34; said PP Foresight analyst Paolo Pescatore, adding that short-term measures might include restriction of some operations.</p><p>The most immediate target of that could be Disney+, the streaming service that Iger helped launch in 2019. 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He already bumbled the transition to Tom Staggs in 2016 and now (Bob) Chapek,&#34; Rosenblatt Securities said.</p><p>Still, Disney shares were 10% higher in premarket trading on Monday, a sign of confidence in the executive who led the company for 15 years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b736275c9d040a6788faaadcf9ba819\" tg-width=\"1320\" tg-height=\"800\" width=\"100%\" height=\"auto\"/><span>Reuters Graphics Reuters Graphics</span></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Disney's Iger May Have to Cut Costs As Streaming Loses Money</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDisney's Iger May Have to Cut Costs As Streaming Loses Money\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-11-21 21:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nov 21 (Reuters) - Bob Iger must show Wall Street a new side to his character as he returns to lead Walt Disney Co by cutting costs and restoring profits in just two years after splurging cash on acquisitions and a streaming business last time round.</p><p>The entertainment giant shocked investors late on Sunday evening announcing the ouster of Chief Executive Bob Chapek and appointing Iger, 71, to a two-year contract to return the company to growth.</p><p>The move evoked other return engagements such as Steve Jobs&#39; return to Apple and Howard Schultz&#39;s return to Starbucks in times of crisis.</p><p>&#34;The bold move (Iger&#39;s return) might feel like the right one. 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He already bumbled the transition to Tom Staggs in 2016 and now (Bob) Chapek,&#34; Rosenblatt Securities said.</p><p>Still, Disney shares were 10% higher in premarket trading on Monday, a sign of confidence in the executive who led the company for 15 years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b736275c9d040a6788faaadcf9ba819\" tg-width=\"1320\" tg-height=\"800\" width=\"100%\" height=\"auto\"/><span>Reuters Graphics Reuters Graphics</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115231495","content_text":"Nov 21 (Reuters) - Bob Iger must show Wall Street a new side to his character as he returns to lead Walt Disney Co by cutting costs and restoring profits in just two years after splurging cash on acquisitions and a streaming business last time round.The entertainment giant shocked investors late on Sunday evening announcing the ouster of Chief Executive Bob Chapek and appointing Iger, 71, to a two-year contract to return the company to growth.The move evoked other return engagements such as Steve Jobs' return to Apple and Howard Schultz's return to Starbucks in times of crisis.\"The bold move (Iger's return) might feel like the right one. 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