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Here's Why Disney CEO Bob Iger Is Time's Businessperson Of The Year
Thursday, December 12, 2019 - 9:38am | 545After a magical two-decade tenure at Walt Disney Co (NYSE: DIS), CEO Bob Iger earned his wings. This week, Time named Iger its 2019 businessperson of the year. Why It’s Deserved In the last year, Iger grew Disney’s production, distribution and financial capacity with various...
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Cramer Praises Bob Iger On Historic Day For Disney+, Stock
Thursday, November 14, 2019 - 9:45am | 376Walt Disney Co (NYSE: DIS) on Tuesday joined the streaming video space with the launch of Disney+ and exceeded expectations of CNBC's Jim Cramer, who counts himself among the company's biggest bulls. What Happened It was a historic day for Disney but also a testament to CEO Bob Iger's...
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Disney Trades Higher On Q4 Earnings Beat; Iger Announces Distribution Deal With Amazon
Thursday, November 7, 2019 - 4:24pm | 298Walt Disney Co (NYSE: DIS) posted fourth-quarter earnings of $1.07 per share Thursday, beating the consensus estimate of 95 cents. Sales were $19.1 billion, missing the consensus estimate of $19.19 billion. This is a 33.5% increase over sales of $14.307 billion the same period last year. In a CNBC...
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Cramer: Disney, Salesforce 'Were Wrong' For Not Buying Twitter
Thursday, September 26, 2019 - 12:50pm | 405Walt Disney Co (NYSE: DIS) and salesforce.com, inc. (NYSE: CRM) passed on acquiring Twitter Inc (NYSE: TWTR) when it was briefly up for sale in 2016, and this decision has proved to be a mistake, according to CNBC's Jim Cramer. What Happened Disney CEO Bob Iger and Salesforce CEO Marc...
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Disney CEO Bob Iger On Not Buying Twitter: The 'Nastiness Is Extraordinary'
Monday, September 23, 2019 - 7:51am | 394Walt Disney Co (NYSE: DIS) CEO Bob Iger told The New York Times he decided against acquiring Twitter Inc (NYSE: TWTR) because the "nastiness is extraordinary." What Happened Disney was one of several companies reportedly interested in acquiring Twitter in 2016. In a NYT interview...
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Disney's Iger Out As Apple Board Member
Monday, September 16, 2019 - 8:44am | 455Walt Disney Co (NYSE: DIS) CEO Bob Iger has resigned from Apple Inc. (NASDAQ: AAPL)'s board of directors, as the two companies are poised to compete against each other in the streaming video space. What Happened Apple will launch its streaming video service Nov. 1, and Disney will launch...
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5 Important Lessons The Leaders Of Disney, Comcast And Yum! Brands Learned In School
Tuesday, August 27, 2019 - 7:40am | 944Business lore often celebrates the maverick who quit school because it just didn’t have much for them — Richard Branson, Mark Zuckerberg and Bill Gates are all among the pantheon of dropout success stories. But they’re the exception, not the rule. Most leaders got through school,...
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Bob Iger Talks Disney's 'Transitional' Q3 With CNBC, Highlights Streaming Business
Wednesday, August 7, 2019 - 9:16am | 509Global media behemoth and Dow Jones component Walt Disney Co (NYSE: DIS) reported a top-and-bottom-line miss in its fiscal third quarter Tuesday. It would be wrong to describe the company's performance as disappointing, CEO Bob Iger told CNBC's Julia Boorstin. Quarter In Review Disney's...
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Disney's Stock Falls After Q3 Earnings, Sales Miss
Tuesday, August 6, 2019 - 3:13pm | 266Walt Disney Co (NYSE: DIS) shares are down after reporting a third-quarter earnings miss. Adjusted earnings came in at $1.35, missing estimates by 40 cents per share. Sales came in at $20.25 billion, missing estimates by $1.24 billion. "Our third-quarter results reflect our efforts to...
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Disney Takes Control Of Hulu
Tuesday, May 14, 2019 - 9:59am | 376Streaming video platform Hulu will be fully controlled by Walt Disney Co (NYSE: DIS) as part of an agreement reached with Comcast Corporation (NASDAQ: CMCSA) that the companies announced Tuesday. What Happened Disney and Comcast reached an agreement Tuesday in which Comcast will sell its...
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Disney Scion Criticizes CEO Iger's 'Insane' Pay
Monday, April 22, 2019 - 2:29pm | 777Walt Disney Co. (NYSE: DIS) CEO Bob Iger’s new $65.6-million compensation package is “insane,” said the granddaughter of the company’s co-founder Roy Disney. Abigail Disney, a filmmaker and activist, made the charge during a panel discussion on “humane...
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3 Reasons Imperial Capital Is More Bullish On Disney
Monday, April 15, 2019 - 12:42pm | 318Walt Disney Co (NYSE: DIS) last Thursday hosted its analyst day presentation, which was mostly well received and prompted Imperial Capital to turn incrementally bullish on the stock. The Analyst Imperial's David Miller maintains an Outperform rating on Disney with a price target lifted from $...
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Disney+: All The Details About The New Netflix Rival
Friday, April 12, 2019 - 7:09am | 412Walt Disney Co (NYSE: DIS) traded up 5.3 percent Friday after detailing the Nov. 12 launch of its Disney+ streaming service. What We Know For $6.99 per month, Disney+ subscribers will have access to new original content and historical offerings of not only the Disney brand but Pixar, Star Wars...
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Apple's Streaming Ambition Could Result In Disney CEO Iger Resigning From iPhone Maker's Board
Wednesday, March 6, 2019 - 10:03am | 493As Apple Inc. (NASDAQ: AAPL) continues to push its streaming video business, the company may be forced to part ways with board member and Walt Disney Co (NYSE: DIS) CEO Bob Iger. What Happened Apple continues to look at ways to expand its business amid slower iPhone sales by scooping up shows and...
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Disney Reports Big Q1 Earnings Beat, Gets Boost From TV Networks
Tuesday, February 5, 2019 - 4:20pm | 383Walt Disney Company (NYSE: DIS) reported a strong earnings beat Tuesday on higher than expected revenue on a year-over-year gain by its Media Networks unit that includes ESPN. Disney reported first-quarter earnings of $1.84 per share, while revenue came in at $15.3 billion for the December quarter...