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Link Banana

A Vaguely Intelligent Linkblog
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Disney’s Bob Iger is a Rat #

April 18th, 2008 | In Worth Distraction 

But in a good way:

IN “RATATOUILLE”, the most recent animated film from Pixar, a film studio owned by Disney, a talented cook named Remy, who happens to be a rat, finds his way into the kitchen of a once-great restaurant. Its head chef has given up on creativity and instead plans to churn out ready meals branded with the name of the restaurant’s revered founder, Auguste Gusteau. Eventually the chef loses control of the restaurant, the frozen meals are tossed out and Remy’s cooking helps it regain its reputation and inventive flair.

Something similar appears to have happened at Disney. Four years ago it was in turmoil, with its then chief executive, Michael Eisner, under siege from shareholders who accused him of stifling the firm’s creative culture. Today under Bob Iger, who took over as chief executive in 2005, Disney is enjoying a remarkable and profitable run of hit TV programmes and films. “Disney’s creative momentum is so strong now that there’s no comparison between it and other big media companies,” says Lawrence Haverty, a fund manager at Gabelli Asset Management.

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Tags: bob iger, business, disney, movies, pixar, rats, the economist

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