Bob Chapek

Over the last quarter, 50% of guests visiting Walt Disney World utilized Genie+ according to Disney CEO Bob Chapek. In February, Chapek reported that up to 50% of guests during the busy holiday season were utilizing Genie+. While only a third of guests would purchase the service during non-peak times. On today’s Q3 2022 earnings call, it was revealed the baseline usage of Genie+ by guests has risen to 50%.

Click here to read the full article. As sports rights prove the small screen game changer, the ball is in Disney’s court when it comes to the NBA. “We are interested in a renewal with the NBA,” said CEO Bob Chapek today after the company issued its surprisingly strong quarterly earnings reports. However, for all his praise of the ratings from the basketball league’s Golden State Warriors winning finals this year, the almost always circumspect exec added the caveat that “we will only do it if it is accretive to shareholder value.” Currently under the almost decade long agreement the ESPN-owning House...

If you’ve been to the Disney theme parks lately, or are active on social media, then you probably know that Disney pages are all the rage. Not only do people love sharing what they do at places like Disneyland and Walt Disney World on platforms like Instagram and TikTok, but even more people love to watch what those people do. People who visit the Parks have become full-blown influencers, and they can have millions of followers. One of those people is Jason Jeter, a Walt Disney World regular. Well, he was a regular until he received a lifetime ban from Walt Disney World property.

Ex-Disney boss Bob Iger is still reportedly unhappy about the way the Mouse House handled his exit and considers naming current CEO Bob Chapek as his successor one of his “worst business decisions.” Iger, who stepped down as Disney CEO in early 2020 just before the COVID-19 pandemic hit, came to regret his decision as the scope of the challenge facing the company became clear, according to the report. “He said he was tired of being harangued about [succession] and said, ‘Fine, you guys have someone else run the business,’” a former Disney executive told Insider regarding Iger’s initial decision to step...

According to a report from Business Insider, the transition to Bob Chapek as CEO of The Walt Disney Company did not go as former CEO Bob Iger had planned. Iger had intended to spend his last year as CEO of Disney on a global goodbye tour, but this was canceled due to COVID-19. Iger had already selected Bob Chapek as his successor, and he intended to mentor him during his final years with the company.

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Disney CEO Bob Chapek will nab a $20 million bonus every year, fresh on the heels of winning a three-year contract extension despite recent upheaval at the company over hot-button political issues. The details of Chapk’s three-year contract were revealed in a recent SEC filing, which said that the beleagured...

SUN VALLEY, Idaho — The moguls have arrived. On Tuesday, dozens of titans of the business, media and tech worlds came out to play at the Sun Valley Lodge in Idaho for the start of Allen & Co.’s annual meeting of movers and shakers. The invitation-only conference will...

Last week, the board of directors for The Walt Disney Company voted unanimously to extend CEO Bob Chapek’s contract three more years, despite public dislike for the CEO. The SEC filing now makes the details of the contract extension public. Chapek’s contract will now expire on July 1, 2025....