- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- Dubai's Debt Woes Signal New Era for Creditors
- Banks With The Biggest Exposure to The UAE
- Slideshow: The World's Biggest Debtor Nations
- US Dollar Rises Against Most Currencies—Except Yen
- Shoppers Hit Black Friday Sales, Budgets Pared
- Slideshow: Fantasy Christmas Gifts 2009
- EA Sports Hopes to Pump Up Sales With Pop-Ups
- Cheap Robotic Hamsters Are Holiday's Unlikely Craze
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
- 8 Retailers that Gain During the Holidays
- Farrell: What's Different On This Black Friday
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
MOST SHARED
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- 8 Retailers that Gain During the Holidays
- Finding the Holiday's Best Buys
- Banks Play Down Dubai Exposure, Investors Still Wary
- Charts: Dollar Could Fall to 80 Yen
- ING Prices Share Issue at Hefty Discount
- Shoppers Hit Black Friday Sales, Budgets Pared
Text Size 
Bob Iger, chief executive at Walt Disney [DIS
Loading...
()
] said the company is focusing on making improvements to its already strong film businesses, with an emphasis on animated movies.
In an interview with CNBC, Iger said the studios' strategy is quality over quantity. "It's not about how many movies you make but how good they are," Iger said. "We're focused on strengthening animation at the company, which is why we bought Pixar last year."
On Wednesday, Disney said its first-quarter earnings more than doubled from a year earlier, driven in part by DVD sales of "Pirates of the Caribbean: Dead Man's Chest" and "Cars."
Iger said the integration of Pixar was "seamless and incredibly successful." Disney closed the $6 billion deal last May.
"That becomes very important to the company's future, not just in fiscal 2007 but hopefully in decades to come," said Iger.
The Anaheim, Calif.-based entertainment and media giant has enjoyed strong earnings growth and a rebound in stock price since Robert Iger took over as chief executive in late 2005.
Iger implemented an aggressive program to expand the company's global reach, revitalize its animation division and push the boundaries of digital distribution.
Print
Email
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- Social enterprises are becoming a new asset class for the ethically-minded.
- With Americans cutting back on spending, holiday tipping will take another hit this year.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
- Some of the nation's top bartenders offer suggestions on what to serve at holiday celebrations this year.
Data is a real-time snapshot *Data is delayed at least 15 minutes