Well, the results are in, and now we know.
... When Disney purchased LucasFilm in fall 2012 for $4 billion, some eyebrows were raised — and its announcement to develop and market seven additional “Star Wars” movies were met with mixed reviews, he remembered.
Since buying the George Lucas company, however, Disney’s shares price has rocketed up 132 percent, boosting its market cap by $108 billion — or 27 times that of the amount it paid for LucasFilm a scant two-and-a-half years ago. So, it was a pretty good investment. ...
And we understand something else. If Diz Co. is now the Berkshire-Hathaway of entertainment conglomerates, then ...
... Robert Iger must be the Warren Buffett of entertainment CEOs.
While stock analysts were barely paying attention, Mr. Iger's purchases of Pixar, Marvel and Lucasfilms put Walt's company on steroids as far as earnings growth is concerned. Michael Eisner grew it. But Robert Iger GROWS it.
Who would have thought? Certainly not me.
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