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Josh D’Amaro Takes Over as Disney's CEO Amidst Major Challenges

KVIA•Wednesday, February 4, 2026 at 3:20 PM•CNN Newsource

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Josh D’Amaro is set to become the new CEO of Disney next month, succeeding Bob Iger. Despite a solid quarterly performance, with streaming revenues from Hulu, ESPN, and Disney+ increasing over 70% year-on-year and theme park revenues hitting a record $10 billion, Disney's stock fell by 7%. D’Amaro faces significant challenges, including navigating the decline of traditional television, addressing subscriber cancellations, and competing against tech giants like YouTube and TikTok. Additionally, he must manage the legacy of Iger while making strategic decisions about Disney's future, including potential changes to its linear television assets and the implications of a recent partnership with OpenAI.

Key Details: • Josh D’Amaro officially takes over as CEO in the coming month. • Disney's theme parks reported a record $10 billion in quarterly revenue. • Streaming services saw a 70% increase in revenue year-on-year. • Disney's stock fell by 7% despite positive earnings. • D’Amaro must address challenges in the declining traditional television market.

business leadership entertainment streaming disney

People & Organizations

DisneyESPNOpenAIHuluJosh D’AmaroBob Iger

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