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.» Read More
LOS ANGELES— The Walt Disney Co. said Monday that its chief financial officer, Jay Rasulo, will resign at the end of June, clearing the path for another top executive, Tom Staggs, to succeed Bob Iger as eventual CEO. Barton Crockett, a media company analyst with FBR Capital Markets& Co., said the move is clearly related to succession planning, something Disney has...
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.
LOS ANGELES— The Walt Disney Co. said Monday that its chief financial officer, Jay Rasulo, will resign at the end of June. Once considered a possible candidate to replace CEO Bob Iger when Iger retires in 2018, Rasulo's resignation paves the path to Disney's top job for 55- year-old Tom Staggs, who became chief operating officer in February. He was also recently...
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.
The best-paid chief executive of a large American company was David Zaslav, head of Discovery Communications, the pay-TV channel operator that is home to "Shark Week." Les Moonves, of CBS, held on to second place in the rankings, despite a drop in pay from a year earlier. The remaining four CEOs, from entertainment giants Viacom, Walt Disney, Comcast and Time Warner, have...
1. David Zaslav, Discovery Communications, $156.1 million, up 368 percent. 2. Leslie Moonves, CBS, $54.4 million, down 17 percent. 3. Philippe Dauman, Viacom, $44.3 million, up 19 percent.
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...
Tuna Amobi, S&P Capital IQ, discusses Disney's earnings and Bob Iger's plans for the future.
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 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.
CNBC's Jim Cramer is watching shares of Disney after its earnings beat.
David Bank, RBC Capital, provides perspective on Disney's latest quarter, and it's long-term strategy, including China.
CNBC's Julia Boorstin, breaks down Disney's quarterly numbers, and takes a look at what's driving earnings.
The opening of Shanghai Disneyland gives significant upside potential to Disney as the company enters the lucrative Chinese market.
Fomer Disney CEO, Michael Eisner, discusses the future of television, Star Wars, and where opportunity lies for the media industry.
Whether it's in theaters, at home, or on mobile devices Hollywood's scripted and highly-produced content is still #1.
CNBC's Kate Rogers reports on Disney's latest money-making franchise, Star Wars.
"Star Wars" fans can expect new attractions at theme parks in addition to the new movies, Disney CEO Bob Iger said.