
Disney CEO Bob Iger faced scrutiny after a 'hot mic' incident during the company's fiscal Q4 earnings call, where he questioned the disclosure of key streaming metrics. This moment has raised concerns about his communication strategy as he aims to enhance profitability for Disney's streaming services, a goal he outlined upon his return to the CEO position in November 2022. Meanwhile, ARC Global Investments, a major shareholder in Trump Media & Technology Group, has sold nearly its entire stake in the company, marking a significant shift in ownership for the parent of Truth Social. Patrick Orlando, the founder of ARC Global, has confirmed that they are no longer major shareholders in the media group.
Disney CEO Bob Iger is moving to cement his legacy by undoing his biggest mistake https://t.co/aVb9toiijt
Major Trump Media shareholder sells nearly entire stake https://t.co/lyfrsnMH3I
Disney CEO Bob Iger had a "hot mic" moment on the company's fiscal fourth quarter earnings call Thursday morning, questioning aloud whether he should have revealed key streaming numbers. https://t.co/zsWnfinX3u

