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Media Bob Iger

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  • Aug 4- Walt Disney Co lowered profit guidance for its cable networks unit and reported quarterly revenue slightly below Wall Street forecasts, sending its shares down 6 percent on Tuesday. The media company now expects annual operating income growth at the unit in the mid-single digits for fiscal years 2013 to 2016, Chief Financial Officer Christine...

  • Aug 4- Media company Walt Disney Co on Tuesday posted record profit in the June quarter, but its revenue missed Wall Street expectations for the first time in two years and its shares fell more than 2 percent in extended trading. Disney recorded net income of $2.48 billion for April through June, up 11 percent from a year earlier, and revenue of $13.1 billion, just shy...

  • LOS ANGELES— Cord-cutting loomed over Disney's quarterly earnings, as a loss of ESPN subscribers caused Disney to taper its TV profit outlook. CEO Bob Iger said Disney isn't expecting dramatic declines in ESPN over the next five years or so. Time Warner's HBO and CBS Corp.' s Showtime are already sold directly to consumers.

  • Shanghai Disneyland to open in 2016 Wednesday, 15 Jul 2015 | 6:19 AM ET
    Shanghai Disneyland to open in 2016

    CNBC's Eunice Yoon talks with Disney's Bob Iger about the unveiling of its $5.5 billion theme park.

  • Why Mickey Mouse can win Shanghai: Iger Wednesday, 15 Jul 2015 | 5:00 AM ET
    Why Mickey Mouse can win Shanghai: Iger

    Disney's CEO, Bob Iger, explains why opening a theme park in Shanghai and working in China is great for Disney.

  • BOSTON, July 12- U.S. companies often pay their CEOs far too much compared with their lowest-paid workers as boards of directors compete to compensate their top executives more than peers. "It would be healthier for our society if CEOs were paid less," said Michael Kagan, who oversees about $9 billion in assets as a senior portfolio manager at ClearBridge...

  • Private jets flood Sun Valley for mogul camp Wednesday, 8 Jul 2015 | 7:00 AM ET
    A private jet lands at the Sun Valley airport, joining dozens of other private and corporate jets already parked there, in Hailey, Idaho.

    People looking to fly into the Sun Valley might face crowded airport tarmacs, packed with billionaires' private jets.

  • Minions shows how 'merch' makes money for movies Thursday, 18 Jun 2015 | 6:28 AM ET
    The Minions

    Even without awards, a motion picture with memorable characters will win over the hearts - and wallets - of people everywhere.

  • New toys for Disney a game changer? Tuesday, 2 Jun 2015 | 2:09 PM ET
    New toys for Disney a game changer?

    Playmation Studios is being unveiled as Disney releases a new line of high-tech toys. David Bank, RBC Capital Markets, discusses the potential benefit to the company.

  • How Disney's Playmation works Tuesday, 2 Jun 2015 | 1:32 PM ET
    How Disney's Playmation works

    Playmation Studios is being unveiled and will retail for $120 starting in October. CNBC's Julia Boorstin explains how the 5-piece package works.

  • UPDATE 1-Disney CFO James Rasulo to step down Monday, 1 Jun 2015 | 1:36 PM ET

    June 1- Walt Disney Co said James Rasulo, a 29- year veteran of the media company, would step down as chief financial officer at the end of the month. Rasulo, 58, will continue to work in an advisory capacity to Chief Executive Bob Iger, Disney said on Monday. Rasulo was the second-highest paid executive at Disney, earning $16.2 million in the year ended Sept. 27.

  • Disney CFO Rasulo to step down, effective June 30 Monday, 1 Jun 2015 | 12:43 PM ET
    James Rasulo

    After he leaves the position, Rasulo will stay on in an advisory position to Walt Disney's CEO Bob Iger.

  • Disney CFO James Rasulo steps down Monday, 1 Jun 2015 | 12:23 PM ET

    June 1- Walt Disney Co said James Rasulo has stepped down as chief financial officer, effective June 30. Disney said Rasulo would continue to work in an advisory capacity to Chief Executive Bob Iger. The company said a new CFO would be named at a later date.

  • For the highest-paid CEOs, the party goes on Monday, 18 May 2015 | 10:28 AM ET
    John Malone, Liberty Media Corp.

    The New York Times reports in its Equilar ranking that executive pay is at its highest since it started keeping track in 2006, NYT reports.

  • For Hollywood bottom line, sequels win Friday, 15 May 2015 | 7:00 AM ET
    A still image from the movie "Avengers: Age of Ultron"

    As the summer season hits, sequels promise to be big business for Hollywood studios, according to box office data.

  • BOSTON, May 12- Investors in some top U.S. media companies have had a rough ride as their shares have lagged the rest of the market. The CEOs of 11 major media companies were given median compensation of $32.9 million for 2014, much higher than any other industry group in the Standard& Poor's 500 index, according to regulatory filings posted in the first four months...

  • May 5- Walt Disney Co's quarterly revenue beat analysts' expectations, helped by increased spending by visitors at its theme parks and strength in the company's TV networks business. The sequel opened last weekend with $191.2 million in ticket sales in the United States and Canada- the second-biggest opening of all time. "As much as the quarter itself was strong...

  • Disney added massive shareholder value: Analyst Tuesday, 5 May 2015 | 10:53 AM ET
    Disney added massive shareholder value: Analyst

    Tuna Amobi, S&P Capital IQ, discusses Disney's earnings and Bob Iger's plans for the future.

  • Iger: Unbundling would raise broadband costs Tuesday, 5 May 2015 | 9:05 AM ET
    Iger: Unbundling would raise broadband costs

    Consumers could end up paying more for content as service providers move to offer so-called "skinny" packages, Walt Disney CEO Bob Iger tells CNBC.

  • Disney CEO: Parks and resorts lead the way Tuesday, 5 May 2015 | 9:01 AM ET
    Disney CEO: Parks and resorts lead the way

    Disney CEO Bob Iger discusses his company's earnings beat and what's driving profits. We certainty have grand plans for "Star Wars" merchandise, says Iger, ahead of the movie's release. Also Iger weighs in on M&A, and program bundling.