Josh D'Amaro

Money Moves

CEO since March 18, 2026; received Sam Altman's personal call about the Sora shutdown

OpenAI previewed Sora in February 2024, then shut the consumer app on April 26, 2026 and the developer API on September 24. The math never worked: about $1 million a day in compute against $2.1 million in lifetime revenue, with monthly users below 500,000 at the end.

Updated Oct 24

Money Moves

As of August 2026: Closed his first major divestiture as CEO

Disney is walking away from the cable channels that ran A&E, History and Lifetime. On August 5, it agreed to sell its 50% share of A+E Global Media to Hearst, its partner of four decades, for about $1.2 billion in cash.

Updated Aug 6

Money Moves

As of May 2026: Took over from Bob Iger on March 18, 2026; presented first earnings as CEO May 6, 2026

For 28 years ESPN was Disney's cable cash machine — a pay-TV channel that millions paid for whether they watched it or not. Disney's May 6 earnings report described something different: a standalone $29.99-a-month streaming service, an asset valued at $30 billion, and a sports network in which the National Football League now owns 10%.

Updated May 31