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Disney Corporate »

[12 Aug 2012 | No Comment | ]
Disney CEO Bob Iger Wants Corporate Tax Changes

After Disney reported a 24 percent increase in profits – the largest quarterly earnings in the company’s history – Walt Disney Co. CEO Bob Iger has called for corporate tax changes, saying the United States should cut its corporate income tax rate.
Says Iger:
We pay a very high corporate tax rate as a company. We know that America is very high, among the highest in the world, if not the highest in terms of corporate tax rates. That’s something that I believe has to change. We’ve got to become …

Disney Media »

[31 May 2012 | No Comment | ]
Disney Channel Going Mobile

The Walt Disney Co. has plans to launch a mobile app that will allow Comcast Corp subscribers to watch Disney Channel on the go, sources say.
Disney CEO Robert Iger says the app will be made available as early as next week and will work similar to the company’s WatchESPN service. At first, this app will only be available to Comcast subscribers who will have to be “authenticated” in order to watch Disney Channel on their mobile devices.
Iger also mentioned that the company plans to create other apps that would allow …

Disney Corporate »

[14 May 2012 | No Comment | ]
Disney CEO Bob Iger Reaps $26.6 Million From Stock Sale

Sources say that, before accounting for taxes, Disney CEO Bob Iger realized a $26.6 million gain from the sale of his company’s stock.
Disney’s stock prices rose after an announcement last week that Disney would be making a sequel to the box-office hit The Avengers. Iger sold 1.8 million shares of his stock after the announcement was made. Two more Disney execs – Alan Braverman and Kevin A. Mayer – also sold stock after the company’s earnings report.
In a statement, Disney said Iger sold stock because of a “routine financial planning …

Other »

[20 Apr 2012 | No Comment | ]
Disney CEO Bob Iger Offers His Condolences Regarding the Passing of Dick Clark

Legendary entertainment icon Dick Clark passed away from a heart attack yesterday morning, and Disney CEO Bob Iger issued a statement expressing his deepest condolences.
Said Iger:
For more than half a century, Dick Clark brought the best of American music to audiences across the country, creating careers and countless fans for artists on his iconic shows, “American Bandstand” and “New Year’s Rockin’ Eve.” We’re proud that ABC was home to those programs and will always be part of his legacy. On behalf of everyone at Disney and …

Disney Parks »

[19 Mar 2012 | No Comment | ]
Avatar Land Coming to Disney’s Animal Kingdom in 2015

Despite internet speculation that Avatar Land is in trouble, Disney CEO Bob Iger says the project is still very much underway – and can be expected to open at Disney’s Animal Kingdom theme park sometime in 2015.
During Disney’s annual shareholder meeting last week, Iger announced the estimated target date during an question and answer session, but few details have been released about this 500 million dollar project. However, we do know that Avatar Land will be one of several themed after the film that will be built at many of …

Disney Corporate »

[10 Feb 2012 | No Comment | ]
Disney CEO Bob Iger May Make DVD Rental Services Wait 28 Days for New Movies

On Tuesday, Disney CEO Bob Iger told analysts that Disney may impose a 28-day waiting period on DVD rental services in order to obtain new movies. According to sources, Iger said the company hasn’t previously made companies like Redbox wait because “it was not seeing any effect from these dollar-rentals on their sell-through business.”
However, soft DVD sales were reported as a reason for Disney’s studio entertainment revenue to drop 16 percent.
Other studios, such as Fox, Universal and NBCUniversal already have a 28-day waiting period for both Netflix and Redbox, while …

Disney Corporate »

[23 Jan 2012 | No Comment | ]
Disney CEO Bob Iger Earned 12 Percent More Money in 2011

In a regulatory filing on Friday, Disney disclosed their CEO’s and other top executives salaries. Disney CEO Bob Iger reportedly earned a 12 percent increase in salary in 2011 compared to the previous year, and a whopping 45% increase compared to his earnings in 2009, making his total earnings for 2011 $31.4 million.
Other top executives earnings were also filed. Jay Rasulo, Disney’s CFO, earned $9.9 million, while general counsel and senior executive vice president Alan Braverman made $6.9 million. Jayne Parker, executive vice president and chief human resources officer also …

Disney Corporate »

[8 Dec 2011 | No Comment | ]
Disney CEO Bob Iger to Help Raise Funds for New Film Museum

Earlier this year, the Academy of Motion Picture Arts and Sciences in collaboration with the Los Angeles County Museum of Art (LACMA) announced plans for a new film museum. Dubbed The Academy Museum of Motion Pictures, this museum will occupy a 300,000 square foot space previously owned by the LACMA and feature both ongoing and rotating exhibits.
Sources have also announced that Disney CEO Bob Iger will head the committee to raise funds for the new museum.
Says Iger:
The Academy Museum of Motion Pictures represents a bold new way of saving and …

Disney Corporate, Headline »

[7 Oct 2011 | No Comment | ]
Bob Iger Announces That He Will Step Down in 2015

Disney announced today that CEO Bob Iger will remain at his post through March 2015, at which time he will step down to the role of executive chairman.  Iger plans to remain in that role for 15 months to assist the company’s new chief executive as he or she comes aboard.
Iger has been the company’s chief executive since September 2005.  During his time at the company’s helm, Disney has seen significant and important expansion and growth.  He led the way for the $7.4 billion acquisition of Pixar in 2006, as well …