Word: igerant
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...celebrities gathered in downtown Los Angeles for the October opening of the Walt Disney Concert Hall, Robert Iger was a continent away, on a critical if unglamorous mission. "I was looking for pirated videos in alleyways in China," says Iger, 52, who met with Chinese officials about various projects, including theme parks and the Disney Channel. Iger's willingness to get involved in the most down-and-dirty aspects of the business helps explain why he has ascended to the president's chair at Disney and why he's being groomed by chairman and CEO Michael Eisner to take...
From age 10, Iger dreamed of being a network correspondent. But after a brief flirtation with TV news reporting, Iger moved behind the camera in 1974, working his way up to executive vice president at the ABC TV network in 1988. A year later, Iger was put in charge of ABC Entertainment. Under his stewardship the network moved from second place to first in prime-time ratings during the 1994-95 season. Through the hit show Home Improvement, a production of Disney's Touchstone Television unit, Iger got to know Eisner, who would become his boss when CapCities/ABC and Disney...
...SUCCESSION PLAN? I had a heart incident in 1994, so that was the beginning of those questions. I think I've proved that I'm at least healthy, if nothing else. And we have really good managers up and down the line, including a great president, Bob Iger. And I don't think I should say any more than that...
...spectacular turnaround that an improving economy and movie hits such as "Signs" can deliver. He has noted that, as poorly as Disney is doing, the results and upheaval are even worse at competitors such as Vivendi Universal, Bertelsmann and AOL Time Warner (which publishes Time). Says Disney president Robert Iger: "We don't have any accounting issues to deal with. We are a healthy company and we have a global brand that is considered one of the most valuable in the world." Underscoring his point, Eisner and Disney chief financial officer Thomas Staggs signed off on the company's books...
...doubts. The economy is clearly out of Disney's control, but not ABC, which lost 20 percent of its prime-time audience last season. "ABC is the one area we can turn to and say we have control over our performance, and it's our No. 1 priority," Iger says. The company will improve ratings by focusing more on family-oriented programming, he says. Though the results won't be fully visible until fall, Iger says advertisers have endorsed the strategy by spending $2.1 billion up front for primetime slots, second only...