News Round Up 2019

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No link on this since it is coming out of my BBG compliments of an SEC filing. Iger won't even miss it...

Disney Cuts Iger Compensation by $13.5m on Fox Deal Close Miss
By Nick Lichtenberg

(Bloomberg) --
On March 4, The Walt Disney Company and Robert Iger amended his employment agreement to reduce by $13.5 million the annual total compensation opportunities that it would have made available to him upon the closing of the transaction with Twenty-First Century Fox.

  • Eliminates annual base salary increase of $500,000 on closing date, maintains annual base salary at current level of $3 million
  • Eliminates annualized $8 million increase in annual target bonus opportunity following closing date, maintains annual target bonus opportunity at current level of $12 million
  • Decreases by $5 million annual target long-term incentive award opportunity that would have been made available for periods following closing date to $20 million
What was the reason for this change?
 

No link on this since it is coming out of my BBG compliments of an SEC filing. Iger won't even miss it...

Disney Cuts Iger Compensation by $13.5m on Fox Deal Close Miss
By Nick Lichtenberg

(Bloomberg) --
On March 4, The Walt Disney Company and Robert Iger amended his employment agreement to reduce by $13.5 million the annual total compensation opportunities that it would have made available to him upon the closing of the transaction with Twenty-First Century Fox.

  • Eliminates annual base salary increase of $500,000 on closing date, maintains annual base salary at current level of $3 million
  • Eliminates annualized $8 million increase in annual target bonus opportunity following closing date, maintains annual target bonus opportunity at current level of $12 million
  • Decreases by $5 million annual target long-term incentive award opportunity that would have been made available for periods following closing date to $20 million

Do you have the link to the GoFundMe page where we can help poor little Bobby out?
 
Are they considering January the target missed? I know the hold up has been Brazil and Mexico mainly.

I think originally it was Jan 1 and it has slipped several times.

I was trying to find the specifics of the target close date but couldn’t find it - did see that his base did go up at Jan 1 and said it would go up by another $500,000 when the Fox deal closes so definitely something connected to Jan 1 but didn’t see explicitly
 
I was trying to find the specifics of the target close date but couldn’t find it - did see that his base did go up at Jan 1 and said it would go up by another $500,000 when the Fox deal closes so definitely something connected to Jan 1 but didn’t see explicitly
Yeah that’s why I was wondering. It is expected to close as of right now sometime this month.
 
I honestly don’t get things like that - feels like you are putting your family on display like at the zoo or something to be out in the open like that with a rope and kind the area
I think people who rent these don’t really care about that. This is about amenities and comfort. Not really different than cabanas at a water park. It also offers a place to keep your stuff without having to worry about it.
 
I honestly don’t get things like that - feels like you are putting your family on display like at the zoo or something to be out in the open like that with a rope and kind the area

I mean, I assume the rope is there primarily to keep people out since they aren't open yet. Will it stay there even after people can rent them?
 
I think people who rent these don’t really care about that. This is about amenities and comfort. Not really different than cabanas at a water park. It also offers a place to keep your stuff without having to worry about it.

I guess - I get the ones at like Castaway Cay and stuff which are in their own area and extra services and stuff ... just don’t get ones like this that are just plopped in the regular area. But like you said those that will tend them probably think differently than I do
 
I mean, I assume the rope is there primarily to keep people out since they aren't open yet. Will it stay there even after people can rent them?
Yeah I agree with that. I don’t think the rope will be there all the time.
 
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