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Bob Chapek

Human Rights Campaign Accepts Donation From Disney Months After Turning It Down

Six months after the Human Rights Campaign turned down the donation Disney CEO Bob Chapek pledged to give them, HRC is accepting a portion of the company’s $5 million pledge toward organizations supporting LGBTQ rights protection. Originally, the organization refused the donation because it wanted to hold off on receiving the funds until Disney took […]

Tech Exec Carolyn Everson Joins Disney Board Amid Truce With Activist Investor Dan Loeb

The Walt Disney Co. and Dan Loeb’s Third Point LLC have a deal. Disney says that it has entered into a support agreement with the hedge fund, which will include “customary standstill, voting and other provisions through Disney’s 2024 Annual Meeting of Shareholders,” per the company. According to a securities filing, Third Point has agreed […]

Hulu’s Value in Focus as Disney, Comcast Go Public With Negotiation Tactics

As Disney prepares to buy out the remainder of Comcast’s stake in Hulu by 2024, top executives at the two companies have increasingly taken their negotiating tactics public as they weigh the worth of the streaming service. Speaking to a crowd of investors in San Francisco on Sept. 14, Disney CEO Bob Chapek said he’d […]

Disney’s Bob Chapek on Scar-Jo Aftermath and “Don’t Say Gay” Impact

In the midst of Disney’s D23 presentation of upcoming material from Lucasfilm and Marvel, as well as Avatar, Disney CEO Bob Chapek made himself available for a 15-minute interview with The Hollywood Reporter. The conversation touched on issues ranging from the handling of the Scarlett Johansson conflict and the “Don’t Say Gay” controversy in Florida […]

Disney CEO Alludes to Loss of Big Ten As “Not Limiting” for ESPN

After the news that ESPN has pulled out Big Ten talks, Disney CEO Bob Chapek said the company has enough sports coverage to hold on to its viewership. “If you look at the college sports, we’ve got the SEC, we’ve got the ACC, we’ve got the PAC 12, we’ve got the Big 12, we’ve got […]

Disney Hits 221M Total Streaming Subscriptions, Topping Netflix for First Time

Disney+ added 14.4 million subscribers during the third fiscal quarter for a total of 152.1 million, beating Wall Street analysts’ expectations of an average 10 million subscriber add for the quarter. Including Disney+, Hulu and ESPN+, Disney now has a total of 221.1 million subscriptions, surpassing Netflix’s 220.7 million subscribers, as of July. Disney has […]

Disney CEO Bob Chapek Secures New Long-Term Contract

The Walt Disney Co. is sticking with Bob Chapek. The CEO, who took over from the well-liked Bob Iger just a month before the novel coronavirus pandemic disrupted the world (and of course nearly every line of Disney’s business), has agreed to a new long-term contract to continue leading the entertainment giant. Disney’s board of […]

Disney Succession: Dana Walden Praises Peter Rice and Bob Chapek in Memo Outlining Priorities

In her first full week leading Disney’s general entertainment division, Dana Walden praised her former boss Peter Rice, and Disney CEO Bob Chapek, and pledged to make the studio a place for creativity and inclusion. “I promise you that I will do everything I can to support you and make sure that DGE is the […]

Peter Rice Addresses Disney Exit in Final Staff Memo, Calls Tenure “A Pleasure and a Privilege”

Ousted Disney executive Peter Rice addressed his team in a farewell message obtained by The Hollywood Reporter. Rice, who normally sends weekly memos to staff celebrating all things Disney, sent his final missive to the company Thursday. Rice was let go from his role as chairman of entertainment and programming by CEO Bob Chapek on […]

Disney Insiders, Hollywood Execs Stunned at How Bob Chapek Ousted Peter Rice

One of the most powerful executives in media was meeting with a group of people the morning of June 9 when he heard the news that Disney CEO Bob Chapek had abruptly fired chairman of entertainment and programming Peter Rice. “Chapek just made another massive mistake,” this exec announced. The market may have agreed: Disney […]

Disney Board Backs CEO Bob Chapek Even as Contract Remains Big Question

The Walt Disney Co.’s board of directors says that it completely supports CEO Bob Chapek and his executive team, in the wake of the news that Peter Rice would be exiting the company, with Dana Walden taking over as chairman of Disney general entertainment content. In a statement from Disney board chair Susan Arnold, the […]

Disney’s Peter Rice Ousted in Major Executive Shake-Up

In a major executive shake-up, Peter Rice, chairman of Disney’s entertainment and programming, is exiting the company, sources tell The Hollywood Reporter. Sources say embattled Disney CEO Bob Chapek summoned Rice to his office Monday and relieved the former Fox exec of his duties. The CEO, who took over for Bob Iger last year, is […]