Bob Iger Archives - CFO

Disney Earnings Plunge Amid Park Closures

Financial Performance

Disney Earnings Plunge Amid Park Closures

“Disney has gone from being on top of the world a la Lion King, to feeling like Eeyore stuck in the middle of a perfect storm with no end in sight."

By Matthew Heller | May 6, 2020

Disney Profit Falls on Weak Results From Fox

Financial Performance

Disney Profit Falls on Weak Results From Fox

The results from the Fox movie studio were “well below” what Disney hoped for “when we made the acquisition,” CEO Bob Iger says.

By Matthew Heller | August 7, 2019

Disney Takes Over Hulu in Deal With Comcast

Disney Takes Over Hulu in Deal With Comcast

The agreement gives Disney immediate operational control of Hulu in return for buying out Comcast's minority stake for at least $5.8 billion in 2024.

By Matthew Heller | May 14, 2019

Disney Surge May Accelerate Fox Deal Closing

Disney Surge May Accelerate Fox Deal Closing

The company's quarterly earnings and revenue solidly beat forecasts, perhaps opening the door to an early-2019 completion of Fox assets acquisition.

By David McCann | November 9, 2018

Disney Shares Tumble on Weak Q3 Results

Financial Performance

Disney Shares Tumble on Weak Q3 Results

The company announces a major shift to streaming content as operating income from media networks, including ESPN, takes another dive.

By Matthew Heller | August 9, 2017

Disney Sets Quarterly Earnings Record of $2.5B

Disney Sets Quarterly Earnings Record of $2.5B

Revenue rose 5% to $13.1 billion, but that was below analysts' estimates of $13.23 billion.

By Matthew Heller | August 5, 2015

Disney, Time Warner Cable CFOs Step Down

Disney, Time Warner Cable CFOs Step Down

Disney CFO Jay Rasulo lost out to Thomas Staggs in a faceoff to succeed Bob Iger as CEO, while Arthur Minson is leaving TWC.

By Matthew Heller | June 2, 2015