Disney: Bob Iger returns to head the entertainment giant

Former Disney boss Bob Iger, who headed the entertainment giant for 15 years, is returning to lead the firm. Susan Arnold, who heads the company's board, said in a statement that Mr Iger was "Uniquely situated" to take Disney through "An increasingly complex period of industry transformation." During his decade and a half as chief executive Disney bought animation studio Pixar, comic book company Marvel, the home of Star Wars LucasFilm and Rupert Murdoch's 21st Century Fox.These deals, along with the launch of the Disney+ streaming platform and amusement park openings helped the company's market value increase five-fold during his time in charge. "We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic," Ms Arnold said. Disney now has more than 235 million subscriptions across its three streaming platforms, which also include the sports-focused ESPN+ and wider entertainment site Hulu.

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