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Disney CEO Outlines New Company Plans - CBS2 KCAL9 - 3/11/2006

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  • Disney CEO Outlines New Company Plans - CBS2 KCAL9 - 3/11/2006

    AP) ANAHEIM, Calif. At his first shareholder's meeting as Disney's CEO, Robert Iger outlined big plans for the company's theme parks and TV and film units. But it was Pixar that shareholders really wanted to talk about.

    Disney's paying nearly $7.5 billion to buy longtime partner Pixar Animation Studios. It's a deal that not only shores up Disney's flagging animation efforts but also symbolizes Iger's ability to repair relationships damaged under Disney's longtime CEO Michael Eisner.

    Pixar's chief creative officer John Lasseter showed clips from his latest animated film "Cars" and a sneak peak at Pixar's next film, "Ratatouille."

    Lasseter praised Iger after saying he had reservations when Disney first suggested buying Pixar.

    Lasseter said he was "worried until I got to know Bob Iger."

    The several thousand shareholders gathered Friday at the Arrowhead Pond, just blocks from the Disneyland theme park
    .

    Source : CBS2 KCAL9

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