Categories: Techno

The war for the top of Disney has begun

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© Disney+

Disney is probably the company that most symbolizes the entertainment industry on a global scale. With its theme parks, studios, streaming platform, and television channels, the big-eared company has enough to make more than one person salivate. Also, the announcement of the upcoming departure of its CEO, Bob Iger, has not gone unnoticed.

A new CEO in 2026

Things are indeed starting to move at Disney. James P. Gorman, a renowned banker across the Atlantic, recently joined the company's board of directors and will assume its chairmanship on January 2, 2025.

He quickly showed his colors in a statement:

A key priority for us is appointing a new CEO, which we now expect to announce in early 2026. This timeline reflects the progress made by the succession planning committee and the board of directors and will allow sufficient time for a successful transition.

In fact, Disney’s current boss, Bob Iger, has already announced his departure at the end of his contract on December 31, 2026. While this promise has been met with some skepticism, given that he has already postponed his retirement several times, speculation is now rife.

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According to information from New York Times, four Disney division heads are holding the rope: Dana Walden, who is the top television executive at the big-eared firm, Josh D’Amata who manages theme parks and video games, Alan Bergman, the head of cinema, and Jimmy Pitaro, who oversees ESPN, the channel dedicated to sports.

According to our colleagues, the announcement of this more distant calendar is also a way of calming the rumors a little and allowing Disney employees to concentrate on their work. Especially since the company's board of directors specifies that external applications will also be examined.

Disney has a lot on its plate

Moreover, there is no shortage of hot topics, including the priority of relaunching franchises such as Marvel and Star Wars, which are currently struggling to convince viewers.

The entertainment giant must also find a way to make its Disney+ streaming service profitable. This involves focusing on advertising and price increases, measures that are likely to greatly displease its customers. To learn more about these price increases in France, you can always reread our article here.

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Teilor Stone

Teilor Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining Thesaxon , Teilor Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my teilor@nizhtimes.com 1-800-268-7116

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