Top honchos exit Disney board

14 January, 2018, 14:35 | Author: Regina Silva
  • Disney says Sheryl Sandberg Jack Dorsey are leaving its board as Facebook Twitter push into media

On Friday, the entertainment giant announced that chief operating officer Sheryl Sandberg and chief exec Jack Dorsey will not not be seeking re-election to its board.

Disney said the reasoning behind their departures are due to potential conflicts of interest that may arise as media and technology continue to merge. Twitter and Facebook have also bid on and won the rights to stream live sporting events, a bedrock business for Disney and its ESPN network. "The Board will take up the matter of filling Mr. Smith's role as independent Lead Director when it meets after the annual meeting". Board memebers Robert Matschullat and Orin Smith are also not standing for re-election. Facebook, meanwhile, is investing heavily in programming for Facebook Watch, striking deals including one with ABC's Scandal star, Kerry Washington, who's launching an original series this year on the social media platform, and a live weekly show from WWE called the Mixed Match Challenge, a 12-episode series is pitting male and female stars from its Raw and SmackDown Live.

Alexis Sanchez left out of Arsenal squad for Bournemouth
Manchester United might want to sign Sanchez, but they are not willing to wait forever to get their man. "If it happens, it happens", Mourinho said.


Allardyce wants tiresome Everton to become more boring
New Everton striker Cenk Tosun has been warned about Sam Allardyce's tactics by experienced Turkey midfielder Emre Belozoglu. Everton had emerged early for the second half, but how quickly and brutally they were forced to revert to damage limitation.


Eagles NFC Championship Game playoff ticket sales info
As a result, Goff finished with just 259 yards and one touchdown on 24-of-45 passing, and the Rams scored just 13 points. Moments like what the 2001 Sixers experienced when nobody gave them a chance to win a single game against the Lakers.


Sandberg and Dorsey's exit won't be the only change to Disney's board. Twitter, too, has made more forays into video.

Dorsey's company announced a year ago video streaming partnerships with 16 media companies, which included some of Disney's competitors. Twitter also has a partnership with Bloomberg LP. Oracle co-CEO Safra Catz and Illumina CEO Franis deSouza will join the board next month. General Motors Co. CEO Mary Barra became a Disney director in August. The 66-year-old is now scheduled to leave the company in 2021, the fourth time the company postponed his planned retirement date.

Recommended:

  • England star batsman lines up for first IPL auction

    England star batsman lines up for first IPL auction

    Mitchell Starc and Pat Cummins are two of 58 Australian players in the auction - the country with the most entries. As far as global cricketers are concerned, leading the list are names like Chris Gayle and Ben Stokes .
    India beat Australia by 100 runs

    India beat Australia by 100 runs

    Shaw was dismissed on 94 when he edged the ball to the keeper, while Kalra was caught at mid-wicket and was dismissed at 86. This was the highest opening partnership for India in any U19 World Cup and their second highest for any wicket.
    Carrie Underwood, Ludacris write song for Super Bowl

    Carrie Underwood, Ludacris write song for Super Bowl

    "There's a champion in every single one of us", she said, motivating and inspiring every one of her fans, followers, and friends. The Super Bowl, which airs on NBC on February 4 starting at 6:30, are fielding an all-star team of musical talent.
  • Eastman Kodak (KODK): Stock to Follow

    Eastman Kodak (KODK): Stock to Follow

    Company has conspicuous measure of stock oscillations; average true range may be heating up this temperature with value of 0.51. Since August 15, 2017, it had 0 buys , and 4 insider sales for $34,673 activity. ( KODK ) according to Finviz Data is $-0.78.

    Roth Capital Analysts Give Klondex Mines (KLDX) a $4.00 Price Target

    Organovo Holdings, Inc.'s Average Earnings Estimate for the current quarter is $-0.08, according to consensus of 3 analysts. A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.

    Apple (AAPL) Downgraded to Neutral at Instinet

    Parsec Fincl Mngmt Incorporated stated it has 0.09% in Medtronic plc (NYSE:MDT). $948,612 worth of Apple Inc. (NASDAQ:AAPL). James Dondero decreased its stake in Apple Inc (AAPL) by 17.11% based on its latest 2017Q3 regulatory filing with the SEC.
  • Noteworthy Buzzer: Constellation Brands Inc. (STZ)

    A number of other large investors have also bought and sold shares of STZ . 128 funds opened positions while 644 raised stakes. Cetera Advisor Limited Com holds 5,119 shares or 0.05% of its portfolio. 64,772 are owned by Walleye Trading Ltd Liability Co.
    IED found on outskirts of Srinagar

    IED found on outskirts of Srinagar

    Bomb Disposal Squad personnel on Saturday defusing the IED device in HMT area on Srinagar-Baramulla highway. Giving details, he said that a patrol party of 44 BN CRPF recovered the IED on the highway around 4 am.
    Heaps of New Games and Ports Revealed for Switch

    Heaps of New Games and Ports Revealed for Switch

    In fact, EA is pleased with the sales of the game across the board, and according to NoF, new announcements will be made soon. After beating the main game, players can take part in two interwoven Ballon World competitive modes: "Hide it" and "Find it".
  • No. 17 Arizona outlasts Oregon

    No. 17 Arizona outlasts Oregon

    She made one of two free throws with 17 seconds to go as Arizona State's leading scorer, Robbi Ryan, fouled out. Oregon State had a 37-33 rebounding advantage and turned 14 offensive rebounds into 15 second-chance points.
    Dark Souls Remastered: No HDR on PS4 Pro

    Dark Souls Remastered: No HDR on PS4 Pro

    First off, Nintendo's 2014 Wii U hit Donkey Kong Country: Tropical Freeze is coming to the Switch on May 4. This update will upgrade the anime-inspired classic with HD-quality visuals and a new epilogue.
    Delhi: 19-year-old DU student driving BMW crushes man to death

    Delhi: 19-year-old DU student driving BMW crushes man to death

    Shiv Nath had died before he was taken to the hospital, Deputy Commissioner of Police (North) Jatin Narwal told Hindustan Times . Police said the accident happened on 10 January and the accused was arrested the next day but later released on bail.


Popular

Prepare To Die On The Go, Dark Souls: Remastered Heads To Switch
Dark Souls Remastered will receive graphical enhancements across the board as well as the aim to hit 60 frames per second. Bandai Namco has confirmed that Dark Souls Remastered is being released for PlayStation 4 , Xbox One , and PC on May 25.

Iranian oil tanker sinks one week after collision
The network said rescuers were prevented from entering the crew living quarters by temperatures as high as 192 degrees. The stricken tanker, Sanchi , had drifted into Japan's exclusive economic zone and "suddenly ignited", reports said .

Moscow considers Trump's Iran nuclear deal comments as 'extremely negative'
Last year, Trump "decertified" the deal , giving lawmakers a 60-day window to reimpose sanctions on Iran. The Iranian foreign ministry has said it would not accept "any changes, now or in the future".

Uhuru expected to address ANC delegation
He said South Africa has a lot to learn from Kenya, especially in agriculture sector, which is well developed. ANC president Cyril Ramaphosa will deliver the ANC's national executive committee January 8 statement.

Microsoft Corporation (NASDAQ: MSFT) - Technical Snapshots for Investors
The stock has "Hold" rating by Canaccord Genuity on Wednesday, September 13. (NYSE:QEP) on Tuesday, January 9 with "Buy" rating. The stock of Microsoft Corporation (NASDAQ: MSFT ) earned "Outperform" rating by RBC Capital Markets on Friday, January 27.

Warren Buffett says bitcoin 'definitely will come to a bad ending'
Buffett's comments came a day after JPMorgan CEO Jamie Dimon said he regretted calling bitcoin a "fraud". Later in the interview he added: "I think what is going on will definitely come to a bad ending".

The Tide Pod Challenge has people eating laundry detergent pods for fun
At least 10 deaths have been linked to ingesting detergent pods, according to the CBS News report. The pods are bright and colorful, causing some children to believe they are candy.

Dangerous Flu Virus Spreads Across 46 States
Flu cases spiked the most in the South with the number expected to rise as we head into the peak of flu season . Using warm water and soap is the best way to protect against the virus, according to Qured GP, Dr Amy Bibby.

Record-breaking Kane fires Tottenham past Everton
The stalemate left the third-placed Blues 15 points adrift of runaway leaders Manchester City , who play Liverpool on Sunday. We've got to cut it out and we've got to cut it out starting tomorrow.

Activision Blizzard, Inc. (ATVI) on Focus After Trading At 52-Week Highs
At the close of regular trading, its last week's stock price volatility was 2.07% which for the month reaches 2.66%. Capital World Investors increased its holdings in shares of Activision Blizzard by 23.8% in the 2nd quarter.