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Posts Tagged ‘Robert Iger’

Disney Acquires Comic Book Giant Marvel For $4B

disney=marvel.jpgTwo public media companies who have made big money from cartoons announced a huge deal today.

The Walt Disney Co. (DIS) announced today that it will acquire Marvel Entertainment Inc. (MVL) — including its portfolio of more than 5,000 characters — for $4 billion in stock and cash. Marvel shareholders will receive $30 in cash per share plus about 0.745 in Disney shares, the companies said.

In a conference call about the deal this morning, Disney CEO Robert Iger said the deal would help build shareholder value and strengthen Disney’s position worldwide. Iger said the deal should be completed by the end of 2009.

Under the terms of the deal, Marvel CEO Ike Perlmutter will continue to oversee his company’s properties and will work with Disney to integrate the brands into the new company.

Full release after the jump

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SAG’s Ad Meant for the Moguls & Murdoch on the Markets

SV20087.jpgDan Cox, on special assignment for FishbowlLA, covering the 2008 Sun Valley Media Conference.

As studio chairmen and agency heads all attempt to escape the jowls of Hollywood and its labor problems, the Screen Actors Guild has a bright marketing executive. SAG bought an full-page ad in the local paper for Sun Valley, the Idaho Mountain Express, that said simply: “We Want a Deal.”

It was aimed at the studio heads up here, including Universal’s Ron Meyer, DreamWorks’ Jeffrey Katzenberg, Sony’s Sir Howard Stringer, Disney’s Robert Iger and agency senior executives like ICM’s Jeff Berg, CAA’s Richard Lovett and Bryan Lourd, UTA’s Jim Berkus and William Morris Agency’s Jim Wiatt.

Unfortunately for SAG, as Sony chairman Stringer told mediabistro: “Unfortunately for the Screen Actors Guild, we don’t see that newspaper up here. It’s not delivered to us.”

Also seen in the valley: IAC chairman and CEO Barry Diller who had to stop riding his bike after almost running into Wendi Deng, wife to billionaire media mogul Rupert.

Murdoch_Deng_7.9.JPG“Where are you going, Wendi,” Diller asks.
“I’m going to get some Yoga pants,” she replies.
“What are yogurt pants?” Diller persists.
“No, yoga pants, you know to do yoga in.”
“Yogurt pants?”

Hubby Rupert was later cornered by an AP reporter who asked about the markets. Murdoch’s simple yet eloquent reply: “I’m a bear.”

HuffPo Hires Willow Bay As Editor-at-Large

willow_bay_053107.jpgYet another Huffington Post hire of note: The impossibly-named Willow Bay, former CNN, ABC and MSNBC anchor and wife of Walt Disney CEO Robert Iger, has signed up with Arianna Huffington‘s tribe as editor-at-large.

Bay will oversee HuffPo’s new lifestyle section, Living Now, as well as contribute to the site’s widening content.

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