Word: igerant
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DISNEY'S BOB IGER SAYS HE'S INTRIGUED BY THE IDEA OF RELEASING MAJOR MOVIES IN THEATERS AND ON DVD ON THE SAME DAY. YOUR RESPONSE? I'm not in favor of it. We have to be careful not to cannibalize our own product. The window of time between theatrical-release dates and DVD-release dates has a purpose in delivering financial results to us and different experiences to the audience. There's a place for each of those windows...
Incoming chief executive Robert Iger badly wants to change that. Unlike his predecessor, Michael Eisner, who never seemed comfortable with international expansion--"Going to China and the Far East might as well have been Mars," the anonymous former exec says of Eisner--Iger has made boosting Disney's overseas revenues a priority. China is a personal Iger favorite. He has made numerous visits, lunched with senior leaders and even dropped in for a movie at a Shanghai cinema. It was so modern, Iger says, "I might as well have been in a multiplex in Indiana...
...plans, Disney realizes that the route to success in the world's most populous country is still blocked by a few Chinese walls. "Our eyes are wide open to the fact that, while China is very exciting for us in terms of potential, it's filled with great challenges," Iger says. Disney is wishing on a red star and hoping all its dreams come true...
Disney CEO-elect Robert Iger, who has spearheaded the company's move into China, spoke with TIME's Jeffrey Ressner. Excerpts...
...APPOINTED. ROBERT IGER, 54, president of Walt Disney Co.; as CEO, to replace his longtime boss Michael Eisner, who will step down in September under fire from shareholders over his autocratic management style and Disney's lackluster growth; in Los Angeles. Though a recent book claimed that Eisner did not have confidence in his No. 2's ability to fill his shoes, Iger was tapped by the board of directors when Eisner decided to step down one year earlier than expected...