Tag: Robert Iger

James P. Gorman has been tapped to chair the committee at The Walt Disney Company tasked with finding a successor to CEO Robert Iger.

In a conference call with analysts, Robert Iger, chairman and CEO of The Walt Disney Company, weighed in on the international rollout of Disney+, including the upcoming debut in India, and noted that global expansion of Hulu is likely to follow beginning in 2021.

The Walt Disney Company's third-quarter revenues rose by 33 percent to $20.2 billion, while net income from continuing operations dropped by 51 percent to $1.4 billion.

The deal to take full operational control of Hulu marks the third prong in Disney's direct-to-consumer strategy and will deliver a host of synergies for the company, Chairman and CEO Bob Iger said at the MoffettNathanson Media & Communications Summit.

Second-quarter revenues at The Walt Disney Company rose by 3 percent to $14.9 billion, with net income rising to $5.4 billion, on the heels of its 21st Century Fox acquisition.

Speaking on an investor conference call for Q1 financials, Robert A. Iger, chairman and CEO at The Walt Disney Company, said that direct-to-consumer "remains our number one priority."

Fourth-quarter revenues at The Walt Disney Company were up 12 percent to $14.3 billion, with net income rising by 33 percent to $2.3 billion.

The Walt Disney Company's third-quarter results, falling short of analyst expectations, showed revenues up 7 percent to $15.2 billion, delivering a net profit of $2.9 billion, a 23-percent increase.