The Walt Disney Co. and its employees could be in for a strong year as the Burbank media giant plans to release sequels for two juggernaut franchises and anticipates economic recovery to help it rebound from disappointing results in 2009, experts said.
Disney president and chief executive Bob Iger, at the company’s annual shareholders’ meeting in San Antonio this week, offered an optimistic take on the company’s recent strategic moves to emerge from the Great Recession in stride.
Disney, he said, is looking forward to strong performances from “Toy Story 3” and from “Iron Man 2,” which recently came under the company’s ownership after it purchased Marvel Entertainment in 2009.
That acquisition, along with international strides by ESPN and other company properties will likely help lift the media giant, which employs thousands of workers in Glendale and Burbank, into growth, experts said.