Highest Paid CEOs, Disney’s Iger #3
Associated Press recently listed its highest-paid CEOs for 2008 list with only one media appointment: Bob Iger of The Walt Disney Company in 3rd place with $51.1 million. With the majority of the top 10 being finance and industrial-based, it’s interesting to see that media/content still has a hold on the environment. With ESPN’s continued growth, Pixar integration, Disney’s recent partnership with NBC/Fox’s Hulu, teen-star “Hannah Montana” and “High School Musical” talent factories, the start of DisneyNature and relatively strong film and tv revenues, not to mention the ongoing international expansion, Disney is running a very diversified content business in a market favoring global tech-based scalability. Alongside a News Corp/20th Century Fox model that slants toward print, news and politics, Disney has maintained a clean global brand while expanding in tech. And, although it’s a big compensation foothold in Iger’s case, it speaks to the power of entertainment and its role in innovating the US. If one of our bigger exports is entertainment, shouldn’t those who drive branded expansion be rewarded? After the jump, a breakdown of the other CEO list-makers and the New Medici “3Ways” to continue innovation… Read more >>