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The Disney boss's contract is extremely lucrative.
New York Bob Iger is finally at his destination. Homer Simpson, Mickey Mouse, Luke Skywalker and X-Men – they all now belong to his group. Last Friday, 21st Century Fox shareholders voted to sell to Walt Disney – and Disney's boss, Iger, is the big winner.
After a bidding war with cable television, Comcast Disney pays a total of $ 71 billion to film and television producers. The agreement makes Iger the most powerful manager of Hollywood – and it is the culmination of a remarkable career.
Initially, Iger announced weather forecasts on a small television channel. In fact, he wanted to be a featured moderator, but he quickly realized that he had better management chances. Iger made the career ABC station, which was acquired by Disney in the 1990s.
Since 2005, he is already at the head of the group Mickey Mouse – and has strategically expanded. He took over the Marvel superhero as well as Lucas Film, the inventor of Star Wars. 21st Century Fox Movie Studios Will Help Disney Move Attackers Like Netflix And Amazon Away
Great Market Power
Disney's box office power is strong anyway. The group controls about 40% of all American cinema revenues this year. The largest Warner Bros and Universal studios have only 16 and 15 percent market share, all the others are still in the single-digit percentage. With this acquisition, Disney is now gaining influence in the television market. For example, the group has rights to the Simpsons. A legendary brand whose 30th season starts in September. It is the oldest television series ever made.
US antitrust authorities have already reported the acquisition of 21st Century Fox. There were only a few editions, so Disney must, for example, the regional stations. Foremen follow the logic of Iger: the traditional activity of television is fragmenting, the future belongs to the streaming services, which attract more and more spectators in their internal productions. Here, Iger relies on Hulu. With 21st Century Fox Disney has doubled its share of the streaming service and now holds the majority with 60%. Other shareholders include Comcast at age 30 and AT & T at 10%
. The success of Iger also makes it a political target. Senator Bernie Sanders, candidate for the position of President of the United States in 2016, repeatedly criticized the generous compensation of Mr. Iger. Because they're in stark contrast to the many employees at Disney's theme parks, who would not earn enough to afford even the bare essentials.
In the same year, Disney's boss rejected the allegations in a furious post from Facebook to Sanders. "We've created 11,000 new jobs at Disneyland over the last decade – how much have you come in? What did you do for the US economy?" Poisoned Iger
He had backed the rival Sanders Hillary Clinton during the election campaign.As many other CEOs, he was initially a member of the advisory board of US President Donald Trump.However, Iger resigned when Trump came out of the Paris Agreement on
The 21st Century Fox acquisition also fueled discussions on the Iger estate.Iger had extended his contract in recent years, most recently at the end of 2017 for four more Building a successor at Disney was therefore not a priority for a long time.Too much fun had led at the head of the largest media group in the world.
His current contract is also extremely lucrative. Uls of the ISS shareholder advisor, he could earn more than $ 400 million by the end of 2021.
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