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Lately I'm hearing lots of complaints about pay disparity in working Hollywood. It started earlier this year when the annual salaries of the CEOs and other top executives at the media companies were released with the annual reports. (TheWrap tracks this every year.) Big ticket items: $34 million in compensation for Disney's Bob Iger, $67 million for CBS chief Leslie Moonves. A prominent director-writer-producer called in frustration over his latest deal and stated that Hollywood had become a new “serf system,” where the studio and network executives at the top of the company make millions while they endlessly grind down prices »
- Sharon Waxman
Fleming: Birdman director Alejandro Gonzalez Inarritu told me he sees superhero movies as right-wing poison and cultural genocide for their simplistic values that stamp out human truths. Warner Bros’ Kevin Tsujihara told Wall Street his slumping film studio will turn around via a full program of 10 DC Comics tent poles to be released 2016-2020.
Will Smith and Tom Hardy are in talks to star in Fury director David Ayer’s Suicide Squad, and 2016 also brings Batman V Superman; 2017 brings Gal Gadot as Wonder Woman and Justice League; 2018 brings Ezra Miller as The Flash and Jason Momoa as Aquaman; 2019 brings Shazam and Justice League 2; Ray Fisher stars in Cyborg and a Green Lantern reboot arrives for 2020.
Besides the »
- Mike Fleming Jr
Guggenheim Securities analyst Michael Morris on Thursday downgraded his rating on the stock of the Walt Disney Co., led by CEO Bob Iger, from "buy" to "neutral." He also cut his price target by $9 to $87. "Disney continues to deliver strong performance across nearly all segments, but we see shares as reflecting this strength" at a 13 percent price premium to industry peers, he wrote in a report that also cited a risk of pay TV subscriber erosion, the cost of sports rights and "challenging" film unit comparisons ahead. Read more Disney Accelerator Showcases First Startup Class "We
- Georg Szalai
If you wanted to catch a glimpse of the future, there was no better spot than the main theater at Walt Disney Studios on Tuesday afternoon. Disney Chairman and CEO Bob Iger applauded the achievements of the entrepreneurs behind 10 startups supported by Disney Accelerator powered by Techstars as they presented their businesses to an audience of industry and investment executives on Tuesday's Demo Day. “Tech has the power to disrupt a number of our businesses,” Iger told the audience, as he described working with participants in the Accelerator as “a mutually beneficial process.” Also read: TheGrill: Innovators Talk Opportunities, Pitfalls for Video Content. »
- Gina Hall
Outgoing Disney/ABC top executive Anne Sweeney will leave the company in “spectacular shape,” with the unit of the entertainment giant focusing on digital and technology that is driving growth, she said during her keynote interview at Mipcom. Disney CEO Bob Iger has three big goals for the company going forward under Sweeney successor Ben Sherwood, the departing co-chair of Disney Media Networks and president of the Disney/ABC Television Group said. “The first is creative excellence, the second is international growth, and the third is using technology to make everything that we do better.” She has learned through
- Rhonda Richford
The What?: It’s a column on Star Wars news and rumors and therefore contains Spoilers and Speculation. If this is your first week, you picked a weird week.
This Week: Pay Attention To My All Caps. This week starts with Star Wars: Rebels talk, which everyone can enjoy, moves to mid-level spoilers from the first act of Star Wars: Episode VII then Dares to talk about That Spoiler, The Spoiler, The Moment That Might Ruin It For You. So Let me guide you through. Look for the All Caps.
Rebels got a second season already! So it’s okay to emotionally invest!
Star Wars: Rebels first episode “Spark of the Rebellion” will be available for everyone to see and talk about as of tonight, and it’s pretty good. There were times I’d even classify certain things as “great,” but it’s hard to tell with this, »
In a stunning turnabout that makes perfect sense, Disney CEO Bob Iger reconsidered his plans to retire and instead signed a new contract to continue leading the entertainment and media giant. Sorry, Tom Staggs and Jay Rasulo. Iger was supposed to retire in July 2016, and those two aforementioned guys were the leading contenders to succeed him (respectively the head of theme parks and the CFO). Problem was, neither of them was nearly as compelling a candidate as the guy already in the chair. And more important: The 63-year-old Iger looked around and decided there was nothing he would rather do, »
- Sharon Waxman
Bob Iger’s will remain as chairman and CEO of The Walt Disney Company until June 30, 2018.
“Bob Iger is the architect of Disney’s current success, with a proven history of delivering record financial results for the company quarter after quarter and year after year,” said Orin C Smith, independent lead director of the Disney board.
“Under his tenure, Disney has reached unprecedented creative and financial heights, driving the stock price to record levels and creating extraordinary value for shareholders. He has transformed Disney’s culture and empowered its businesses to effectively capitalise on evolving markets and new technologies, making Disney a company that doesn’t merely embrace change, but leads it.
“By setting a clear business strategy based on producing high-quality branded content, technological innovation and international expansion – and then over-delivering against that strategy – Mr Iger has repeatedly proven himself to be a highly effective leader able to create long-term shareholder value.
“Since he became »
- firstname.lastname@example.org (Jeremy Kay)
The Walt Disney Company has decided that it really likes Bob Iger, extending the contract of the CEO through June 30, 2018. The company announced the news on Thursday. Iger was set to step down from the position in July 2016. Also read: Bob Iger to Remain as Disney CEO Into 2016 “Bob Iger is the architect of Disney's current success, with a proven history of delivering record financial results for the company quarter after quarter and year after year,” said Orin C. Smith, Independent Lead Director of the Disney Board, said in a statement. ”Under his tenure, Disney has reached unprecedented creative and. »
- Sharon Waxman
Bob Iger has extended his contract to remain chairman and CEO of the Walt Disney Co. through June 30, 2018.
One of his first moves will be to appoint a chief operating officer in 2015, with the individual most likely groomed to replace Iger when he does retire, sources told Variety.
Disney’s Board of Directors announced the extension of Iger’s contract Thursday.
“Bob Iger is the architect of Disney’s current success, with a proven history of delivering record financial results for the company quarter after quarter and year after year,” said Orin C. Smith, independent lead director of the Disney board. “Under his tenure, Disney has reached unprecedented creative and financial heights, driving the stock price to record levels and creating extraordinary value for shareholders. He has transformed Disney’s culture and empowered its businesses to effectively capitalize on evolving markets and new technologies, making Disney a company that doesn’t merely embrace change, »
- Marc Graser
The role Maker Studios will play inside the Walt Disney Co. is getting a little clearer months after buying the network of online channels for $500 million.
Disney describes the company as “mostly a distribution play,” according to chief financial officer Jay Rasulo, who spoke Wednesday at Goldman Sachs’ Communacopia Conference in New York City.
But Maker also is also being positioned alongside Marvel, Lucasfilm and Walt Disney Animation Studios as “a big studio” and “content creator” for the Mouse House in the future.
That’s largely because of the massive audience of millennials that Maker has been able to attract to its channels. Since Disney purchased the company at the end of March, Maker has grown from 4 billion monthly views to 9 billion, and now has over 450 million subscribers to its channels, Rasulo said.
While some of that audience has grown through the addition of new channels to Maker’s network, »
- Marc Graser
The award will be presented at the 26th Annual Producers Guild Awards ceremony on Jan. 24 at the Hyatt Regency Century Plaza.
“On behalf of the entire Lionsgate team, it is a tremendous honor and deeply humbling to join the elite group of recipients previously honored with the Milestone Award,” said Feltheimer. “The Producers Guild represents the creativity, innovation and dynamism that sets our industry apart from all others.”
PGA Awards co-chairs Todd Black and Ryan Murphy said, “Jon Feltheimer is one of the most accomplished leaders in the industry and has played a pivotal role in Lionsgate’s evolution from independent studio to global content leader. Jon’s passion across the spectrum of storytelling has brought us such iconic films and TV shows as ‘Mad Men,’ ‘Weeds,’ ‘Orange is the New Black, »
- Dave McNary
Jon Feltheimer, Lionsgate CEO, will be presented with the Producers Guild of America’s Milestone Award at the 26th Annual Producers Guild Awards ceremony on Jan. 24 at the Hyatt Regency Century Plaza. The guild’s highest honor, The Milestone Award recognizes an individual who has made historic contributions to the entertainment industry. Disney’s Bob Iger was the 2014 recipient of the award. PGA Awards co-chairs Todd Black and Ryan Murphy said in a statement, “Jon Feltheimer is one of the most accomplished leaders in the industry and has played a pivotal role in Lionsgate's evolution from independent studio to global
- Gregg Kilday
Early Wednesday morning, John Lasseter stood in front of a small group of journalists in a theater in the animation building on the Disney lot to introduce a presentation about November's new animated release, "Big Hero 6," and it felt to me, after over a decade of attending events where Lasseter has spoken, like a bit of a victory lap. And why not? Since "Bolt," Disney Feature Animation has been slowly but surely rebuilding what was a tarnished brand into something that is every bit as strong as the strongest moments from the "Mermaid" through "Lion King" era. "Frozen" was a global smash hit, and more than that, it managed that elusive cultural penetration where it goes beyond being successful and simply becomes omnipresent. "Frozen" was everywhere. Everyone knew what it was. Considering how dark things were for the studio before it was re-organized from within, it's amazing to see »
- Drew McWeeny
Will Walt Disney, the home of Marvel Studios and Marvel Comics make an offer to purchase Time Warner, home of Warner Bros and DC Comics, after a bid by Rupert Murdoch from 21st Century Fox of $80 billion was rejected ?:
"...'The prospect of combining Disney's Marvel with Time Warner's DC Comics might be too compelling to ignore. Plus CNN would give Disney the cable news asset it lacks.
"'Disney's market cap as of Aug. 8 was $149 billion compared with Time Warner's $63 billion, which gives Disney CEO Bob Iger more leverage than Murdoch might have had'..."
"'For Silicon Valley companies, a (Disney) deal would make them instant players in the content business.
"'For Verizon, access to Time Warner could boost its pay-tv and broadband platforms. »
- Michael Stevens
When Rupert Murdoch tried to buy Time Warner, we jokingly speculated that a merger could potentially lead to a movie featuring the Justice League and X-Men (though there's really no reason why that couldn't have happened had the $80 billion bid been accepted). However, the Marvel and DC Universe becoming one could actually be one step closer as The Hollywood Reporter names Walt Disney as a potential buyer - along with Google and Apple - should China's wealthiest man Wang Jianlin fail to add the company to his empire. "The prospect of combining Disney's Marvel with Time Warner's DC Comics might be too compelling to ignore," the site states, adding, "Plus CNN would give Disney the cable news asset it lacks. Disney's market cap as of Aug. 8 was $149 billion compared with Time Warner's $63 billion, which gives Disney CEO Bob Iger more leverage than Murdoch might have had." Though »
Disney has paid tribute to the late Robin Williams.
The actor, who famously voiced Genie in Disney's 1992 movie Aladdin, was found dead at the age of 63 yesterday (August 11).
"He was a true Disney Legend, a beloved member of our family, and he will be sorely missed." http://t.co/yNcHF3AVC5 http://t.co/lJnzbQuI6X
— Disney (@Disney) August 12, 2014
The film company posted a gif featuring Genie on Twitter, alongside the message: "He was a true Disney Legend, a beloved member of our family, and he will be sorely missed."
"An incredible actor and a comedic genius, Robin will always be remembered for bringing some of the world's favourite characters to life, from his zany alien on ABC's Mork & Mindy to »
Robin Williams was found dead in California today (Aug. 11) at the age 63. Friends, entertainers, the rest of Hollywood and beyond have take to Twitter to celebrate the comedian's life, to grieve, and to react to his unexpected death. Steven Spielberg's public statement: “Robin was a lightning storm of comic genius and our laughter was the thunder that sustained him. He was a pal and I can’t believe he’s gone.” Garry Marshall's public statement: “Robin was hands-down a comedy genius and one of the most talented performers I have ever worked with in television or film. To lose him so young at the age of 63 is just a tragedy. I will forever be in awe of his timing, his talent and his pure and golden creativity… He was my friend and it is rare that you ever have a friend that is also a genius.” Bob Iger, »
- HitFix Staff
The shock of Robin Williams’ death spread far and wide on Monday, a reflection of the actor’s long career in movies, television, stage and standup comedy.
Tributes came in from friends and colleagues, studios and executives, the directors of his many movies, fellow comics and even President Obama. Those who knew and worked with him described Williams as a comic genius with a generous heart.
Steven Spielberg called him “a pal” and expressed shock at Williams’ death of an apparent suicide at the age of 63. Williams starred as Peter opposite Dustin Hoffman’s Captain Hook in Spielberg’s 1991 movie “Hook,” and he had a voice role in the director’s 2001 feature “A.I.: Artificial Intelligence.”
“Robin was a lightning storm of comic genius and our laughter was the thunder that sustained him. He was a pal and I can’t believe he’s gone,” Spielberg said.
See Also: Robin Williams »
- Alex Stedman and Cynthia Littleton
There's no word on just what character Daisy Ridley plays in J.J. Abrams' Star Wars: Episode VII, but the fact she's the female lead in the film has been pretty much guaranteed form the start and now Deadline adds "the plan is for her carry through to the second and third films" for director Rian Johnson (Looper). In addition to this news, Disney CEO Bob Iger recently told CNBC he's seen some of the early footage from the film saying: I can only tell you that production is underway. We have a very brief hiatus, which is due in part to the fact that Harrison Ford broke his ankle. The footage we've seen is very, very exciting to us. I think there's about 500 days left between now and December 18th, 2015 when the movie comes out. That doesn't seem like very long. There's a lot of pent up demand. We're »
- Brad Brevet
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