Thomas Staggs

Disney makes loss-making Hulu investment pledge

Hulu made an equity loss in the quarter ending October 3 due to higher content and marketing costs, but the company’s owners plan to continue to up investment in the business. Announcing its fiscal fourth quarter and full year results, Disney – one of Hulu’s three co-owners – said that it was optimistic about Hulu’s […]

Staggs in pole for Disney CEO role

Thomas Staggs has been named COO of The Walt Disney Company, positioning him as likely successor to incumbent Bob Iger. Staggs assumes the role while retaining his post as Walt Disney Parks and Resorts chairman until a replacement is found. The move means he is know perfectly positioned to succeed Iger in mid-2018, when his […]