Walt Disney

Who Could be Robert Iger’s Successor? Speculations Suggest Few Names

Who Could be Robert Iger’s Successor? Speculations Suggest Few Names

In recent news that stunned employees as well as outsiders Disney announced that it's COO and heir apparent to chief executive officer Bob Iger was leaving

With Tom Staggs now out of the scene, analysts predict that the Walt Disney Co. will now look out for an external candidate who can carry on the success of the company.

Bob Chapek Named as the New Chairman of Walt Disney Parks and Resorts

Bob Chapek Named as the New Chairman of Walt Disney Parks and ResortsIn an announcement made on February 23, Bob Chapek was named as the new Chairman of Walt Disney Parks and Resorts. Chapek, in his new position, will supervise the travel and leisure business of Walt Disney.

The announcement came from Chairman and Chief Executive Officer of Walt Disney Company, Bob Iger, and Tom Staggs, its Chief Operating Officer.

Disney Executives Shove Off Impact of NBA Lockout on ESPN

Disney Executives Shove Off Impact of NBA Lockout on ESPNAmid conflicting news that the National Basketball Assn. lockout would significantly affect ESPN cable sports network, Walt Disney’s Chief Financial Officer Jay Rasulo has come out to dilute all the fears, thereby ensuring that the crisis would soon be resolved.

Profits of Disney boosted by blockbuster films

Toy-Story-3The entertainment firm Walt Disney has seen a 40% rise in its profits because of the hit movies like Alice in Wonderland and Toy Story 3. The firm has reported a net profit of 1.3 billion dollars in the three months till 3rd July from 954 million dollars of a year ago. 

Toy Story 3 pushes up Walt Disney's profit

Toy-Story-3Walt Disney, the company's whose results are closely watched for assessing the performance of entertainment industry, has seen a jump of 40 per cent in its profit.

This happened because it was able to produce three hit movies, but most of the contribution came from the Toy Story 3 movie. The other two were Iron Man 2 and Alice in Wonderland.

Disney Project Aims to Play Film on Any Device

Walt Disney Co

Walt Disney Co. will launch new technology code -named Keychest by next month which will benefit the entertainment companies that is in accordance with the latest trends in entertainment where the customers have made TV sets and DVD players somewhat obsolete and rather use cell phones or computers for the same. Disney trusts that with key-chest technology the interest in Blu-ray and DVD can be prolonged as the viewers would rights to watch the movie in different ways which includes the traditional disc.