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Old school thinking flunks with Disney's Iger

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  • Old school thinking flunks with Disney's Iger

    Old school thinking flunks with Disney's Iger

    Future means "opportunity"

    By Paul Bond
    The Hollywood Reporter
    Oct 25, 2007

    In wide-ranging presentation Wednesday, Robert Iger said the best way to fight digital piracy is to go on the offensive and that big media companies are undervalued on Wall Street.

    The Disney CEO even took time to swipe at The Hollywood Reporter and Daily Variety.

    While hedge-fund investors seem only to care about individual quarterly results, "critical shareholders" understand the value of long-term success. "Live for today, die tomorrow," he warned during his presentation at the Forbes MEET II conference at the Beverly Hills Hotel.

    And digital technologies, like the sort that disrupt old business models and foment piracy, need not be so scary to investors. "There is a sense on Wall Street "that the future is more of a threat than an opportunity," he said.

    The kind of short-term, old-school thinking he was talking about is reflected in the entertainment trade papers that focus undue attention on boxoffice and ratings numbers instead of profitability, Iger said. Such reportage is "rooted in the past," he said.
    http://www.hollywoodreporter.com/hr/...41293c37d2a145
    "If you don't know how to draw, you don't belong in this building" - John Lasseter 2006

  • #2
    Re: Old school thinking flunks with Disney's Iger

    wow, he actually makes sense. somewhat. still can't say I value the guy too much though. lets see him make some hard concrete changes around the place and not act like a puppet.

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    • #3
      Re: Old school thinking flunks with Disney's Iger

      The new digital age has really exposed a lot of missed oportunitties by the entertainment industry (just look at the recording companies, who are still more concerned about selling little silver discs rather than music)

      And though Iger may be waking up to this, He's like the small rudder on the Titanic.

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      • #4
        Re: Old school thinking flunks with Disney's Iger

        Originally posted by sailerm View Post
        And though Iger may be waking up to this, He's like the small rudder on the Titanic.

        Good one. There is still a lot he can do to improve Disney and steer it in a new direction. Is that what you mean?

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        • #5
          Re: Old school thinking flunks with Disney's Iger

          Bob needs to make ALL of Walt's films and TV shows and records available online - - and properly contextualized and findable - - there's no reason not to, according to this logic, which I applaud. So far, it isn't happening, save the classic LPs oniTunes.

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