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...Job moves Disney has extended the contract of its chief executive Bob Iger until the end of 2026, prolonging what was meant to be a short-term stay....
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...When Bob Iger returned to Disney as chief executive in November, the sense of relief was palpable across Hollywood....
...Reese Witherspoon sold her company Hello Sunshine to Blackstone for $900mn in 2021, for example, and Blackstone-backed Candle Media took a $60mn stake in Will Smith and Jada Pinkett Smith’s Westbrook Inc...
...By 2025, that figure will be below 20 per cent, S&P predicts....
...But shares are down 26.5 per cent this year, compared with a decline of 15.2 per cent for the S&P 500....
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...In a letter addressed to Disney chief executive Bob Chapek in mid-August, activist hedge fund manager Dan Loeb said a “strong case can be made” for the ESPN sports network to be spun off from the company...
...Bob Chapek, the group’s chief executive, said Disney Plus is on track to meet its target of 230mn-260mn subscribers by 2024....
...Although the plots require individuals to emerge from the pack — notably Kevin, Stuart and Bob in 2015’s Minions — there is power in their union. They are also cheerful....
...S&P Global Market Intelligence estimates that figure will fall to 72.5mn this year....
...ESPN’s subscribers have dropped from 88m to 77m from 2017 to 2021, according to S&P Global....
...Bob Lutz, a former vice-chair of General Motors and president of Chrysler who was once doubtful about Tesla’s chances of survival, now calls Musk’s impact on the auto industry “unbelievable — nothing short...
...Bob Litterman, a former head of risk management at Goldman Sachs, developed a “stranded assets total return swap” for the World Wildlife Fund in 2014....
...The potential for a squeeze in corporate profitability is starting to loom larger for the investors and analysts who track USA Inc. It’s not hard to see why....
...Bob Diamond, the chief executive of Barclays Capital, was watching the game from his corporate box at the stadium, and Kapito needed an urgent, discreet chat with his old friend....
...The S&P 500 index is trading at a multiple of 18 times earnings in 2023. Meanwhile Disney shares have more than doubled compared with a year ago taking the group’s market cap to more than $350bn....
...Staffordshire, England Polymath 1,040: Patricia Blakemore, West Midlands, England Crossword 16,272: Martha F Browne, New York; Sean Putnam, Wellingborough, UK; Richard Cauman, Knoxville, US Polymath 1,039...
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