Bob Iger to Participate in the Morgan Stanley Technology, Media & Telecom Conference

[MisterPenguin]

Q: Experiences... about Epic Games... value for shareholders?


Bob: Looking at demographics... youth are spending 30% of time in digital games.

We looked at Epic/Fortnight.

1. build an online digital Disney IP universe. Creating their own games, playing in dev-created games.

2. immersive and inter-connected experience.

 

[MisterPenguin]

Q: India and the Reliance deal.


Bob: We wanted to stay in India. We got a foothold there because of the Fox purchase. The JV with Reliance allows us to stay there and chance of ..... growth!!!

 

[MisterPenguin]

Q: Proxy battle...


Bob: This is a complex company, markets and industries, and dynamics, with outside disruptions.

It's a lot of moving parts, from fixing to growing.

This Peltz campaign is distracting. But we won't give in to that distraction. Thant's all.

 

[MisterPenguin]

Q: What's the prospects?



Bob: Need to be optimistic and realist. We have a great team. Hugh's doing a great job. Great management team. Great new executives. Balance sheet growing. There's a global population hungry for entertainment. [so...it's a *growth* industry?!]

Willing to take big bets. Met the challenges that came.


THE END

 

[MisterPenguin]

Disney Has “Killed A Few Projects” Amid Studio Overhaul, Says Bob Iger; “We’ve Not Been That Public About It”

Disney CEO Bob Iger said the studio has “killed a few projects already that we just didn't feel were strong enough" as it faces a box office slump.

deadline.com

Disney CEO Bob Iger Says He’s Trying Hard “Not To Get Distracted” By Activist Investors

Disney CEO Bob Iger called the proxy fight with two activist investors is campaign "is designed to distract us, "to take our eye" off the ball.

deadline.com

 

[MisterPenguin]

Disney CEO Bob Iger: We Need to Be at [Netflix's] Level - Media Play News

Since coming back to The Walt Disney Company as CEO in November 2022, Bob Iger has pushed through $7.5 billion in cost savings (and 7,000 layoffs) companywide, some of which … Continue reading "Disney CEO Bob Iger: We Need to Be at [Netflix’s] Level"

www.mediaplaynews.com

 

[MisterPenguin]

Disney Working to Get Streaming Platforms on Technical Par With Netflix, Iger Says: ‘We Need to Be at Their Level’

Disney CEO Bob Iger acknowledged the company is behind Netflix in terms of technical capabilities -- and that it's in the process of catching up.

variety.com

 

[MisterPenguin]

Audio and Transcript now available.

The Walt Disney Company at the Morgan Stanley Technology, Media and Telecom Conference - The Walt Disney Company

Bob Iger, Chief Executive Officer, The Walt Disney Company, participated in a question-and-answer session at the Morgan Stanley Technology, Media and Telecom Conference on …Read More

thewaltdisneycompany.com

https://thewaltdisneycompany.com/app/uploads/2024/03/RAI-MS-2024-0305.mp3

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