Disney’s Red Wedding has officially begun. This week, the Mouse House is initiating the first of three rounds of layoffs, this one aiming to eliminate 7000 workers from the corporation. We knew this was coming, and while, on the one hand, it’s nice to see Disney reeling, it sucks that a lot of e...
Read MoreThis Tuesday, Disney released some numbers that had previously been shrouded in mystery. Included was former CEO Bob Chapek’s 2022 salary of $24.2 million, which is slightly lower than in 2021. Additionally, Chapek will receive a severance package of $20 million. The package will consist of $12.6 ...
Read MoreJeff Sneider of The Hot Mic podcast reports that Lucasfilm is assembling a five-year plan for Star Wars movies. He says 2025 is still the earliest we get a Star Wars film, but that pieces are being moved into place following Bob Chapek’s departure. He says: “I think it was a conscious decision...
Read MoreFollowing Disney’s seismic changing of the Bobs Sunday night, rumors are swirling around all aspects of the company. The latest murmurings concern President of Lucasfilm Kathleen Kennedy. This isn’t the first time we’ve heard rumblings about her potential removal. Still, this time ...
Read MoreNew information has come to light in the wake of Bob Iger’s shocking return to Disney last night. Reports show that Iger is taking a pay cut from what he earned at Disney in 2021, being paid $1 million per year as a base salary. However, Iger is also entitled to a $1 million annual …
This Sunday evening, Disney’s board of directors announced the decision to dethrone Bob Chapek as CEO and re-install Bob Iger. This comes following a new, multi-year contract Chapek signed in June. Check out a statement from Susan Arnold, chairman of the board, here: “We thank Bob Chapek for...
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