'Building Is a Lot More Fun Than Fixing': Here's What Disney CEO Bob Iger Told Employees in a Town Hall Address
Iger's CEO contract was extended through 2026 in July.
The price hikes come on the heels of a relatively flat Q3 2023.
Bippity Boppity Bob Iger: What You Need to Know About the Two-Peat Disney CEO Who Rules the Magic Kingdom
After a 15-year stint as Disney's CEO, Iger left the role only to return two years later.
During an earnings call on Wednesday, CEO Bob Iger announced changes to be made to Disney+, including combining Hulu content and raising the cost of the platform's ad-free plan.
"I do not make this decision lightly," said Disney CEO Bob Iger.
In a memo, Iger wrote that he'd "been reminded of the tremendous value in being together with the people you work with."
El veterano de Disney regresa a la compañía menos de un año después de su retiro.
The former Disney CEO commented on the number of fake accounts on the platform and explained why Disney ultimately cut the deal short.