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The head of U.S. giant Disney's Hotstar streaming app in India, Sajith Sivanandan, has resigned, three sources said on Thursday, as business integration gathers pace after the company's $8.5 billion merger with Reliance's India media assets.
Two weeks after Disneyland released new rates for tickets and annual passes, the Magic Kingdom has followed suit: Walt Disney World today announced pricing for its four-tier annual pass program, effective immediately. The average increase across the tiers is 6.25%. For comparison, the Consumer Price Index rose 2.
Disney (DIS) is set to name a successor to interim CEO Bob Iger in early 2026; Iger's contract is set to expire at the end of 2026. Meanwhile, the media giant has tapped former Morgan Stanley (MS) CEO James Gorman to become the board's chairman in January 2025.
Disney said Monday it would name a new CEO in early 2026 and named James Gorman as board chairman. Bob Iger's previous succession plan failed, leading to his return as CEO in 2022.
Bob Iger's successor will be revealed in early 2026. Disney can't strike out twice.
24/7 Wall St. Insights Walt Disney Co. (NYSE: DIS) has announced a modest restructuring of its board.
Morgan Stanley Chairman James Gorman is set to join Disney as Chairman in 2025 with the company announcing that a new CEO will be names in early 2026. Bloomberg's Felix Gillette speaks on "Bloomberg Technology" with Ed Ludlow and Caroline Hyde.
Despite concerns about Disney's "woke" culture, my deeper analysis of its content pipeline suggests management is on the right track creatively. However, the company faces growing competition from Netflix, Amazon Prime Video, and YouTube, as traditional Hollywood comes under increasing pressure from tech giants. To benefit shareholders, Disney could increase its dividend. A yield of 3.5% or higher would make the stock a portfolio staple.
Shares of The Walt Disney Co. (DIS) declined Monday as the entertainment giant said that the replacement for Chief Executive Officer (CEO) Bob Iger will be named in early 2026.
Walt Disney (DIS) will name Bob Iger's successor as CEO in early 2026. Jay Woods says finding a new leader will be crucial for the company's outlook.