Disney: Chief executive Bob Iger bets on Fortnite and Taylor Swift

Disney's chief executive, Bob Iger, has announced a series of moves which he hopes will bring "Significant growth" to the entertainment giant. For the three months between October and December, the Disney reported $23.5bn in revenue, which was little changed from the same period a year ago. The US billionaire has called for a shakeup of Disney to boost profits from its streaming business and improve the box office performance of its films. Disney shares rose by more than 6% higher in extended trading in New York after the announcements. Separately, Disney is facing a lawsuit from actress Gina Carano who was sacked in 2021 over a social media post in which she compared being a Republican to being a Jew during the Holocaust.

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