Today was my Diz Co. Tuesday, where the folks on the first floor are bracing for a heavy Rapunzel schedule.
"We haven't started overtime yet, but from the production flow so far I think the wave hits in May. I'm expecting it. I'm not looking forward to it."
I told him to get plenty of sleep, because he might not be getting very much later ...
Elsewhere in the studio, a rumor is floating around that Mr. Catmull and Mr. Lasseter could be making a big announcement about the Walt Disney Animation Studio in the next week or three, but nobody's sure what it is. Maybe that the animation division is moving to a building in Glendale. Maybe that there's some new feature project. (Who the heck knows?)
But something's up; I know this because an important Disney exec has made a momentous move:
Walt Disney Co. Chief Executive Officer Robert Iger sold 800,000 shares after exercising options, netting about $8.98 million before expenses.
Iger paid $21.05 a share and sold them for an average price of $32.27, according to a regulatory filing today. The transactions represent the first options exercised by Iger since fiscal 2006 ...
I ask you: would Mr. Iger be selling that big a clump of Mouse stock if some major deal wasn't cooking? (I suppose it's possible he just wants extra walking-around money, but really. What are the odds of that?)