Bob Iger Admits Recent Disney Movies Fell Short Of Company's Quality Standards: 'We Lost Some Focus'
Portfolio Pulse from Benzinga Neuro
Disney's CEO, Bob Iger, has admitted that the company's recent films have not met their quality standards, leading to box office disappointments. This includes underperformance of films like 'Ant-Man and the Wasp: Quantumania' and bleak projections for 'The Marvels'. In response, Iger plans to overhaul the film studio, being more discerning about sequels and new original movies.
November 09, 2023 | 4:44 am
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Disney's recent films have underperformed, leading to box office disappointments. CEO Bob Iger plans to overhaul the film studio to improve quality and performance.
Disney's recent films have not met their quality standards, leading to box office disappointments. This could negatively impact the company's revenues and profitability in the short term. However, the CEO's plan to overhaul the film studio could potentially improve the situation in the long term.
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