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Rich Ross posts

Disney's 'Secretariat' Disappoints

Posted Oct 11th 2010 9:00AM by Steven Mallas (RSS feed)
Filed under: Time Warner (TWX), Walt Disney (DIS), Sony Corp ADR (SNE), Film

As a Disney (DIS) shareholder, I was disappointed by the third-place showing for the company's latest film, Secretariat. According to Box Office Mojo, it took in an estimated $12.6 million over the Friday to Sunday weekend. We still have the Monday holiday to go, but I don't think it'll make much difference.

I suppose one could say it did all right in its debut considering the type of movie it is and the time of year; this isn't the summer, certainly, so we're not necessarily going to observe supercharged grosses. But I think Disney has a lot to prove with each of its films these days since CEO Bob Iger has been focusing on finding the right strategy for growth in a division that hasn't always pulled its weight.

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Will Rich Ross really have a positive impact on Disney's movie operations?

Posted Nov 26th 2009 12:10PM by Steven Mallas (RSS feed)
Filed under: General Electric (GE), Time Warner (TWX), Walt Disney (DIS), Viacom (VIA), News Corp'B' (NWS), Media World

I read a piece over at the Los Angeles Times about the rapidity of changes going on within Disney's (DIS) studio system. As a shareholder, I'm hoping for the best, but I'm not expecting much. Sometimes it's better that way when it comes to the Mouse. Those who have owned the stock as long as I have know what I'm talking about.

The cited article discusses the moves being made by the new studio head, Rich Ross. He replaced the well-respected Dick Cook. Well-respected or not, Cook had to go. I concurred with CEO Bob Iger's perception that a change in leadership was necessary for the celluloid portion of the Disney business model.

Continue reading Will Rich Ross really have a positive impact on Disney's movie operations?