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Iger

All articles tagged with #iger

Soon-Shiong Stays In Lakers Fold as Iger/Kushner Deal Unfolds Amid Buss Rift
business4 days ago

Soon-Shiong Stays In Lakers Fold as Iger/Kushner Deal Unfolds Amid Buss Rift

Patrick Soon-Shiong, who holds 4% of the Lakers, says he will not sell his stake to Bob Iger and Joshua Kushner amid a ongoing Buss family dispute over a 17.8% stake. With Iger/Kushner purchasing the team at a $12.5 billion valuation, Soon-Shiong’s stake is worth roughly $500 million. The Buss siblings are divided on selling; Jeanie Buss would own about 3% if others sell, though NBA governance requires at least 15% to operate as a governor, a status the deal preserves for her through 2030. Soon-Shiong bought his share in 2010 from Magic Johnson.

Iger and Kushner Take Lakers Into a New Era in $12.5B Switch
sports-business12 days ago

Iger and Kushner Take Lakers Into a New Era in $12.5B Switch

The Los Angeles Lakers are changing hands again, with Bob Iger and Joshua Kushner buying from Mark Walter for about $12.5 billion—a rapid rise from last year’s $10B valuation. The deal, which does not affect Walter’s Dodgers or Sparks, still requires NBA Board of Governors approval and due diligence; Jeanie Buss will stay as governor for at least five years, and it remains unclear how the new owners will run basketball operations while questions linger about Walter’s finances.

Disney’s New CEO Duo Tests the Brand-First vs TV-Creative Divide
business6 months ago

Disney’s New CEO Duo Tests the Brand-First vs TV-Creative Divide

Disney’s leadership handoff swaps Josh D’Amaro into the CEO role with Dana Walden as president and chief creative officer. While the transition has been portrayed positively, insiders warn that their different backgrounds—D’Amaro’s brand-focused, parks-centric approach versus Walden’s TV and streaming pedigree—could create friction as Disney weighs its short‑ and long‑term priorities, including prioritizing parks and cruises over streaming.