News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

[BrianLo]

They raised the bid by $3.2B. That's a big difference from the $20B that Comcast drove up the price for Disney to purchase 21CF.

This is also incorrect. Sky’s value was bid up 14.75B by a back and forth between Fox, Comcast and Disney. The Fox acquisition was technically 18.9B bid up.

The original Sky agreement was for Fox to acquire the remainder of the shares at £10.75 per share. When all was said and done Comcast had bid up to £17.72; and was buying the whole thing, it wasn’t already sitting on Fox’s portion since it lost the other bidding war.

Unlike the Disney acquisition bidding war over Fox, Dis actually benefited from Comcast’s overpayment. Comcast has also already written down 8.6B, which is technically an admittance of having overpaid. Only the Indian sub arm of the Fox acquisition has yielded an impairment thus far for Dis and that was only 1.5B.

I won’t lie that Brian Robert’s successfully intervened with probably a steal Iger had negotiated. Not probably, I know it was worth more than 52.4B since they’ve divested 35+ and Hulu is worth at least 8.9… but Roberts was the far bigger loser in the matter thus far…

 

[Nevermore525]

More significantly- they are delivering on the promised turnarounds - like reduced d+ spending and the return of the dividend. I assume the d+ margin is on track too (didn’t see news yet)

Yeah the content spend for D+ is much better with what their current revenue is. They still have high SG&A costs for streaming.

 

[monothingie]

This is also incorrect. Sky’s value was bid up 14.75B by a back and forth between Fox, Comcast and Disney. The original agreement was for Fox to acquire the remainder of the shares at £10.75 per share. When all was said and done Comcast had bid up to £17.72; and was buying the whole thing, it wasn’t already sitting on Fox’s portion since it lost the other bidding war.

You're incorrectly assuming that the Fox/Disney was not serious about pursuing the remainder of Sky.

"Another source told CNBC that Comcast executives thought there was a decent chance Fox was simply bluffing and didn’t actually want Sky at all. But bidding £15.67 per share suggested Disney did, in fact, want Sky. Otherwise it would have bid much lower in Round 3, the source said."

Fox/Disney wanted Sky. Yes they raised the price, but that's what a bidding war does.

Unlike the Disney acquisition bidding war over Fox, Dis actually benefited from Comcast’s overpayment. Comcast has also already written down 8.6B, which is technically an admittance of having overpaid. Only the Indian sub arm of the Fox acquisition has yielded an impairment thus far for Dis and that was only 1.5B.

I won’t lie that Brian Robert’s successfully intervened with probably a steal Iger had negotiated. Not probably, I know it was worth more than 54B since they’ve divested 35+ and Hulu is worth at least 8.9… but Roberts was the far bigger loser in the matter thus far…

Hindsight and such makes it very easy to look back and tell people what they should have done almost a decade earlier.

 

[Lilofan]

Allegedly this money is earmarked for the futbol club he and Willow bought.

Not too shabby Iger and his wife bought the Angel soccer team for $250M.

 

[BrianLo]

You're incorrectly assuming that the Fox/Disney was not serious about pursuing the remainder of Sky.

Not at all. Comcast wanted Fox and Disney wanted Sky. They both lost something, but Roberts only got the stinker and Dis was bid up unnecessarily.

The only one who truly came out on top was Murdoch.

Unless I’m misunderstanding you and you think Comcast didn’t want Fox?

 

[MisterPenguin]

Hollywood Stocks in 2024: The Good, the Bad and the Silver Lining

Netflix, Disney and Cinemark were among winners while Comcast, Warner Bros. Discovery and AMC Networks fell over the past year.

www.hollywoodreporter.com

Media Stocks 2024 Winners & Losers: Netflix Soars, Disney Rebounds, WBD Flounders

Netflix was the breakaway winner among media stocks in 2024, with its shares nearly doubling in price over the course of the year.

variety.com

Wall Street’s Hollywood Stock Picks for 2025

Three analysts pick Take-Two Interactive while other experts make the case for Live Nation, Spotify, Netflix, Disney, Charter and more.

www.hollywoodreporter.com

 

[DCBaker]

Details for the 2025 Annual Meeting of Shareholders:

The 2025 annual meeting of shareholders of The Walt Disney Company will take place on March 20, 2025 at 1pm ET (10am PT). The meeting will be held virtually at www.virtualshareholdermeeting.com/DIS2025 and www.disney.com/investors.

 

[JoeCamel]

I really think Bob needs a well paid geriatric pool boy......

Disney CEO Bob Iger's Total Pay Jumps 30% to $41.1 Million in 2024

Disney CEO Bob Iger saw a 30% jump in total pay last year, up to $41.1 million in compensation in 2024

blogmickey.com

 

[GhostHost1000]

I really think Bob needs a well paid geriatric pool boy......

Disney CEO Bob Iger's Total Pay Jumps 30% to $41.1 Million in 2024

Disney CEO Bob Iger saw a 30% jump in total pay last year, up to $41.1 million in compensation in 2024

blogmickey.com

Bob’s salary increased 30%

meanwhile we have a cost cutting thread

 

[JoeCamel]

Bob’s salary increased 30%

meanwhile we have a cost cutting thread

One stat I saw was he makes 746 times what the average TWDC employee makes
edit: but even if he worked for nothing it wouldn't move the needle on company earnings

 

[Sirwalterraleigh]

Details for the 2025 Annual Meeting of Shareholders:

…shovels at the ready

I really think Bob needs a well paid geriatric pool boy......

Disney CEO Bob Iger's Total Pay Jumps 30% to $41.1 Million in 2024

Disney CEO Bob Iger saw a 30% jump in total pay last year, up to $41.1 million in compensation in 2024

blogmickey.com

The line starts right behind Willow

Bob’s salary increased 30%

meanwhile we have a cost cutting thread

Remember: only HE can save us all

 

[Dranth]

It is gross how much CEO pay has shot up since 1980 when it really took off. Think I remember reading an article that pegged it at something like 1800% increase over that time. Can't recall if that was adjusted for inflation or not but either way it is a pretty massive increase.

Obviously, it depends on the position but if you compare CEOs to their lowest paid, full-time hourly positions instead of the average it gets a lot uglier.

If Iger got 41.1 million in 2024 then he is making roughly 1,170 times his base level employees. Generously, let's say a CEO puts in 80-hour work weeks, that means for 2024 he was making around $160 a minute. That is close to what an hourly employee will make in a full day if not more.

Just for fun (the depressing kind), if Elon's 4.49 billion a year package from Tesla holds up, he will be getting around 128,200 times the lowest paid full-time positions. There aren't enough hours in the week for him to put in 80 at Tesla given all his other positions he has but let’s say he did. That would mean he was making $18,000 a minute or $300.00 a second. In that case, he is making around twice as much per second as his lowest level employees do in a day.

And folks wonder why everyone is angry all the time.

 

[Sirwalterraleigh]

And folks wonder why everyone is angry all the time.

I don’t…it’s 100% about growing economic strife…for decades

Even when it’s not “about that”…it ultimately gets back to it.

Anger 101

 

[Dranth]

I don’t…it’s 100% about growing economic strife…for decades

Even when it’s not “about that”…it ultimately gets back to it.

Anger 101

What amazes me it that this has been repeated throughout history over and over and over and yet we never seem to learn that eventually people break when things get this far out of whack.

 

[Ayla]

Bob’s salary increased 30%

meanwhile we have a cost cutting thread

And prices continue to rise at a ridiculous rate...

 

[JD80]

And prices continue to rise at a ridiculous rate...

Price increase recently have been basically on par with inflation.

 

[Sirwalterraleigh]

What amazes me it that this has been repeated throughout history over and over and over and yet we never seem to learn that eventually people break when things get this far out of whack.

That would involve reading books…or Wikipedia at a minimum…

It’s a lot to ask

 

[Sirwalterraleigh]

Price increase recently have been basically on par with inflation.

Say it 1000 times…it’s not gonna be true

Doubling prices in 10 years is not “inflation”

And not only that…that government sanctioned (frankly) excuse from the plague is starting to collapse…as products are increasingly rejected

Get your popcorn and watch it play