Wednesday, April 7, 2010 as of 11:14 AM ET
Robert A. "Bob" Iger (born February 10, 1951) is an American businessman and the current chairman and chief executive of The Walt Disney Company.
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Walt Disney Co.
's (NYSE:DIS) second-quarter financial results impressed, as the company saw profit grow 21% on improved advertising rates at the company's cable and broadcasting networks and increased revenue from its parks and resorts division.Revenue from the cable networks surged 12% during the quarter to $3.17 billion, primarily driven by higher advertising revenue at ESPN and the domestic Disney Channels. Broadcasting revenue grew 2% to $1.53 billion, as a result of increased advertising revenue and improved primetime rates for at the company's ABC Network.Disney reported net income rose 21% to $1.14 billion, or 63 cents a share, compared with year-ago earnings of $942 million, or 49 cents a share. On an adjusted basis, earnings rose 18% to 58 cents a share, up from 49 cents a share, one year ago.Revenue rose to $9.63 billion, up from year-ago sales of $9.08 billion. In addition to increased media network revenue, Disney parks and resorts revenue rose 10% during the quarter to $2...Steve Jobs , the visionary behind Apple's extraordinary rise from the brink of collapse to one of the world's most formidable technology companies, died Wednesday. H...
Disney (NYSE:DIS) revealed late Tuesday a much stronger-than-expected 11% gain in third-quarter profit as ESPN continued to shine, widening its already giant media p...
The billionaires and millionaires who make their fortunes in media, entertainment and tech wrapped up Saturday at Allen & Co.’s 29 th annual media conference in Sun ...
Walt Disney Co. (NYSE:DIS) reported disappointing second-quarter results on Tuesday after the bell, missing Wall Street’s expectations and prompting the shares to sl...
FBN's Dennis Kneale breaks down Disney's new Shanghai theme park.
Walt Disney CEO Robert Iger on how financial reform will impact the media company.
Walt Disney CEO Robert Iger on the deal to buy Marvel Entertainment.
Sun Valley 2009: FBN's Louise Pennell previews the Allen & Co. Media Conference in Sun Valley, Idaho.
Shareholders of Walt Disney Co. (DIS) Tuesday cast a vote of confidence for Disney board members and executives, helping the media company avoid a potential showdown...
The Walt Disney Co. (NYSE:DIS) reported mixed first-quarter results Tuesday, driving shares lower in after-hours trading, as earnings per share beat Wall Street’s ex...
Walt Disney Co. (NYSE:DIS) said Wednesday that as a result of its strong fiscal 2011, the company will boost its annual dividend by 50%, to 60 cents a share, up from...
Apple Inc. (NASDAQ:AAPL) said on Tuesday after the market closed that it has named Arthur D. Levinson as the new chairman of the company, and has added a new board m...
The Walt Disney Co. (NYSE:DIS) beat the Street’s expectations for fiscal fourth-quarter results as revenue in four of the company’s five business divisions surged hi...
FBN's Robert Gray on news that Disney's Robert Iger will step down as CEO in 2015, plus a market update.
Walt Disney (NYSE:DIS) announced on Friday that CEO Robert Iger will stay on through March 2015, but then plans to step down as the leader of one of the world’s larg...
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