Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Former Disney CEO makes mega investment in Australian design company

Published

2 years ago

on

An Australian graphic design company making major moves on wall St has an impressive new investor

Former Disney CEO Bob Iger has acquired a stake in Australian design company Canva and agreed to be an advisor to the closely held company.

Canva announced a $40 billion valuation back in September 2021, and was on pace to reach $1 billion in revenue that year.

Iger has made several investments with his own money since stepping down from Disney’s board in December, including with delivery company GoPuff and toy maker Funko.

A spokesman from Canva says “Bob brings a wealth of experience after 15 years at the helm of one of the most loved and most creative brands in the world”

The Sydney-based company helps people create presentations, videos and other designs, competing against Adobe, Microsoft and other graphic-design software firms.

Iger and Canva declined to comment on the size of the investment.

Related Topics:
Continue Reading

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

on

July 19, 2024

By

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Continue Reading

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

on

July 18, 2024

By

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Continue Reading

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

on

July 18, 2024

By

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

Continue Reading

Trending Now