Latest in Jay Rasulo

While it remains in the Chapter 11 bankruptcy process, audio giant iHeartMedia has announced the members of its newly formulated board of directors, a group that includes former MGM boss Gary Barber and ex-Disney exec Jay Rasulo. Noting that the board selections are subject to the approval of the company’s…

There’s been a change in CFO Jay Rasulo’s plan to leave Disney at the end of this month. He’s now going to stay as an advisor to CEO Bob Iger “at his current salary” with his 2015 target bonus “unchanged,” the company says in a three-sentence SEC filing.   Disney hasn’t yet named someone to replace Rasulo as CFO. His…

This is noteworthy but expected after CEO Bob Iger named Tom Staggs to be COO making him the heir apparent. CFO James Rasulo, who was also considered a contender, will leave on June 30, but will advise the company and “assist in the transition,” Disney says. Rasulo’s contract expired in January; he made $16.2 million…

The recent illnesses linked to people who visited Disneyland have inspired a nationwide debate over the value of vaccinations — but not a drop in theme park attendance. CEO Bob Iger told Bloomberg Television’s Trish Regan that “we have not discerned any real impact from [the measles outbreak] to date.” And when you…

Forget all the talk about how much people hate their cable and satellite companies, and want to cut the cord. Pay TV is “probably the best bargain in entertainment today” and doesn’t have a big problem appealing to consumers, Disney CFO Jay Rasulo told an investor gathering today. Disney was thinking offensively…

Jay Rasulo isn’t as sure as Viacom CEO Philipe Dauman is that we’ll see an online pay TV service in 2014. But one “is coming” he said today at the UBS Global Media and Communications Conference — and Disney would be “happy to license our content.” Here’s the catch though: It would have to license content from others…

Disney shares just shot up close to 3% after CFO Jay Rasulo announced the plan at the Bank of America Merrill Lynch Media, Communications and Entertainment Conference. “We intend to significantly increase our buyback next year probably in the $6B-to-$8B range,” he says. The company can do that without jeopardizing its…

On the sidelines of the Allen & Co. conference in Sun Valley last week, Walt Disney Company CFO Jay Rasulo said executive car allowances are going the way of the Edsel. "We're phasing them out," Rasulo told Bloomberg. The move is part of a larger attempt to curtail some perks at the Mouse. Rasulo wouldn't be led on…

Most execs like to raise expectations when they address investors. But Disney CFO Jay Rasulo did just the opposite when he opened his appearance today at the Nomura U.S. Media & Telecom Summit. After seeing some analysts’ rosy forecasts for the current quarter, he says that “maybe I wasn’t clear” in earlier…

The season finale “didn’t work out” and symbolized the kinds of ratings troubles that ABC and other major broadcasters have seen recently, Disney CFO Jay Rasulo says. “Most of the networks are down and frankly a lot has to do with single shows” as opposed to troubles at ongoing series, he told the UBS Global Media and…

Those hoping that Disney‘s Jay Rasulo would provide more detail today about the surprising movie licensing deal with Netflix that was announced yesterday will be disappointed. He told the UBS Global Media and Communications Conference that he would only talk about it in general terms. “This was the best and…