Robert Iger Can’t Do Wrong
About a good month ago we already witnessed a very positive article about Robert Iger, the Disney CEO that took over from Michael Eisner. Here is another article, this time from the Guardian, that puts the man in charge of daily Disney business into a very good spotlight.
A one-time weatherman with an instinct for American family values has brought back the good times at Walt Disney, the sprawling entertainment empire that is enjoying a renaissance on Wall Street and in cinema box offices.
And it looks like he can’t do anything wrong when reading the rest of this positive article…
Since his arrival, Disney has enjoyed America’s two biggest-grossing movies of the year: the digital animation Cars, which has raked in more than $450m (£238m), and the second of the Pirates of the Caribbean series, Dead Man’s Chest, grossing more than $1bn.
Disney’s ABC is the most watched US television network, a Disney production, High School Musical, is the top-selling CD of the year and even the theme parks, which once appeared tired, have flourished amid promotions to mark Disneyland’s 50th anniversary.
The company’s shares have rocketed by 42% in 12 months - making them second only to General Motors among Wall Street’s top performing blue-chip stocks of the year
And although not everything is positive in the article…
“We never understood ESPN mobile and we do not understand Disney Mobile. With all the major cellular carriers offering child locator features, we wonder how committed Disney is to being in the cellular business, particularly as losses begin to mount.”
…the future looks bright for Robert Iger (and Disney)…
The company has high hopes for the next Pixar animation, Ratatouille, which will open in the summer. Then there is the third installment of Pirates of the Caribbean, At World’s End. For the Magic Kingdom, the sun shines on.
While “business is business”, making money is and will always be priority! The same so for Disney (which is a company trying to make money to keep the shareholders happy) but let’s hope that all these positive changes and happenings will open the eyes even more at Disney, as it is proof that when the public is happy, the money will keep on coming in…