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Nike CEO Joins Disney Board Of Directors: Do Investors Care?
Tuesday, January 12, 2016 - 1:07pm | 275Walt Disney Co (NYSE: DIS) announced on Monday its Board of Directors has elected Mark Parker as a director, effective immediately. Parker is also the current CEO of Nike Inc (NYSE: NKE), a role he has held since January 2006 after joining the company nearly 40 years ago. His appointment to...
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Disney CEO Bob Iger: Apple TV Provides 'Best User Experience Ever'
Monday, December 21, 2015 - 3:53pm | 144Bob Iger is the Chairman and CEO of Walt Disney Co (NYSE: DIS) and is also a member of Apple Inc. (NASDAQ: AAPL)'s Board of Directors. Speaking to Bloomberg, Iger said that consumers need to "demand a better experience" when it comes to watching video content. It shouldn't come as a surprise when...
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Walt Disney: Netflix Complements Traditional Television, Does Not Just Disrupt Or Replace
Wednesday, August 5, 2015 - 4:11pm | 383Although Walt Disney Co (NYSE: DIS) reported worse than expected second-quarter numbers on Tuesday, the company's ties with streaming giant Netflix, Inc. (NASDAQ: NFLX) seem to be strengthening every quarter. Robert Iger, Walt Disney Company CEO, was on CNBC Wednesday to discuss how Netflix is...
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Disney CEO Agrees That ESPN Business Model May Face Streaming, OTT Challenges
Monday, July 27, 2015 - 3:39pm | 435With the changes happening in television viewing habits mostly due to streaming, there are concerns that one of Walt Disney Co (NYSE: DIS)'s biggest brands, ESPN, might lose some of its shine. Robert Iger, Walt Disney Company CEO, was on CNBC Monday to discuss his outlook for the channel amid...
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Disney Ups Dividend 34%
Wednesday, December 3, 2014 - 6:27pm | 126Walt Disney Co. (NYSE: DIS) just raised its annual dividend to $1.15 per share, which was a 33.7 percent increase from the prior dividend of $0.86. The stock will now carry a dividend yield of 1.24 percent based on the closing price of $93.11. Robert Iger, Chairman and Chief Executive Officer of...
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DISH Network and Disney Reportedly Closing in on Programming Deal
Wednesday, November 13, 2013 - 4:26pm | 754It looks like the dispute between Dish Network (NASDAQ: DISH) and Walt Disney (NYSE: DIS) over programming issues may be resolved without the much-feared blackout of some very popular cable channels for Dish subscribers. At issue is the satellite-television provider's carriage of some much-...
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Walt Disney Reports Mixed Earnings
Tuesday, August 6, 2013 - 6:17pm | 186Walt Disney (NYSE: DIS) released its fiscal third-quarter earnings results after the closing bell on Tuesday. The company reported earnings per share that came in ahead of Wall Street consensus estimates, but revenue missed expectations. In late trade, the stock was last down around 1 percent to $...
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Disney Having a Huge News Week and its Only Wednesday (DIS)
Wednesday, July 3, 2013 - 10:30am | 546It’s only Wednesday but Disney (NYSE: DIS) is already having a big news week. First, the company announced Monday that CEO Bob Iger would remain in his current role until his contract expires on June 30, 2016. Iger was supposed to transition into the executive chairman role on April 1, 2015 for...
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These Are the 100 Highest-Paid CEOs in Business Today
Monday, April 8, 2013 - 4:30pm | 2706The New York Times has published a list of the 100 highest-paid CEOS at U.S. public companies in 2012. Oracle (NASDAQ: ORCL) chief executive Larry Ellison is far and away the highest paid CEO on the list, as his $96.2 million in 2012 compensation dwarfs every other member on the list. The top ten...
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Steve Jobs Told Disney's CEO That His Films Sucked
Thursday, March 7, 2013 - 2:27pm | 538Corporate executives don't like to hear that their products aren't good. They are even less willing to hear that they flat-out suck. When the review is coming from a fellow CEO, however, it might be wise to note the critique. Robert Iger, Disney's (NYSE: DIS) chief executive, did just that when...
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Apple Picks New Chairman, Adds a Board Member
Tuesday, November 15, 2011 - 6:39pm | 738Apple (NASDAQ: AAPL) kicked off phase two of its post-Steve Jobs era today, naming Arthur D. Levinson as the company's new Chairman of the Board. Levinson has been a co-lead director of Apple's board since 2005, has served on all three board committees — audit and finance, nominating and corporate...
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Quotes From Entertainment Executives
Friday, September 24, 2010 - 7:50am | 511Goldman Sachs published a research report for Entertainment Investors, giving quotes from chief staff of Viacom (NYSE: VIA.B), Time Warner (NYSE: TWX), News Corp. (NASDAQ: NWSA), and Disney (NYSE: DIS). Quotes are as follows: Viacom – Philippe Dauman, CEO “But when you look at the severity of the...
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Walt Disney Sells Miramax For Over $660 Million
Friday, July 30, 2010 - 7:33am | 202Walt Disney Co (NYSE: DIS) has sold film studio Miramax to Filmyard Holdings LLC in a deal amounting to more than $660 million. The sale puts an end to the months of talks that the media group was holding with various bidders. With the Miramax sale, Disney has also sold the rights of more than 700...