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Disney Also Has Woes with Succession

Thomas Staggs, was the heir apparent to the top position at Walt Disney Co, but his sudden resignation shows again that even the best plans laid out for CEO succession can and will go awry. Over the last decade, such well-known high-profile companies such as Cisco Systems, Lockheed Martin and Hewlett-Packard have seen their designated heirs to the top seat depart abruptly. Botching up a succession at the No. 1 spot is costly. Disney shares were down close to 2% in trading after hours on the news of Skaggs departure. StrategyX, known formerly as... 
 

Viacom Reports Weak Results In Television And Film (NASDAQ:VIA)

Entertainment giant Viacom reported in its latest earnings report that its profit plunged 10 percent during the past quarter. For the three months that ended Dec. 31, the company’s first fiscal quarter, quarterly profit was reported at $449 million, or $1.13 a share. For the same quarter the previous year, profit was $500 million, or $1.20 a share. The company’s total revenue also fell. Total revenue was reported at nearly $3.2 billion for the quarter, 6 percent lower than in the same quarter last year. Viacom’s results were dragged down by... 
 

Saturday Night Live Had A Lot To Play Upon This Week

Saturday Night Live has long been a television staple, an institution of comedy and live performance that has never been matched by another studio or team. And while its cast and writing are not always consistent, it has notched out a place in the culture of America. It is a show which has helped to launch the careers of many comedic cast members, as well as showcase some of the most popular musical guests in the world. One such musical guest, of course, was the one and only David Bowie. And so, upon word of his recent death from cancer, at the... 
 

Joan Rivers Comedian and Legend, Dead at 81

Although she was snarky, politically incorrect, and known for having a brash yet honest comedic style, Ms. Rivers was loved by millions throughout the world. For more than 50 years, Rivers made people laugh with her comedy but yesterday after experiencing a medical emergency associated with outpatient throat surgery performed earlier in the week, she passed away at Mount Sinai Hospital at the age of 81. Ms. River’s daughter, Melissa, confirmed through a statement that her mother was in fact gone. Just one week prior to her death, Ms. Rivers had... 
 

Comedian Joan Rivers in Critical Condition

It was just reported that 81-year-old comedian and E! Networks host of Fashion Patrol Joan Rivers is currently in critical condition in a New York City hospital. While undergoing throat surgery, the controversial figure reportedly stopped breathing. While in recovery, police were dispatched to an emergency call at the clinic where Rivers was found to be in dire condition. Rivers has always been known for her wit, also sharp-edged tongue, and willingness to delve into topics that all others avoid. Rivers and her daughter, Melissa who often co-stars... 
 
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