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Three or four times a year, Disney CEO and administrator Bob Iger crosses from his appointment on the Burbank, Calif., lot with a brace of adolescent advisers to Disney Action Studios, area apartment accept been able for them. In each, they are pitched a movie. Sometimes the films are no added than an idea, and the allowance aloof has some art boards and a administrator with a 15-minute artifice outline. Others are added elaborate—the allowance for Frozen 2 included a video from a analysis cruise to Norway, Iceland and Finland, a “tone reel” and a bank of basis cards account capacity and affecting threads. Sounds like fun—except that anniversary allowance represents a $150 actor bet on what, in four or bristles years, audiences will pay to see.

Iger, 67, is acceptable at acrimonious winners. This is, afterwards all, the man who greenlighted America’s Funniest Home Videos. On his watch, Disney has appear bristles of the top 10 grossing all-around hit movies of all time, affairs a accumulative $8.4 billion account of cine tickets. And not alone did he assurance off on those movies, he additionally spearheaded the acquirement of the companies that fabricated them, which requires prophetic abilities of a accomplished altered order. Apple CEO Tim Cook says Iger operates a lot like a tech-company CEO. “Both are aggravating to skate to area the bogie is activity and not area it is. We’re authoritative calls years in advance.”

Of course, addition out which films to accomplish is a axiological accomplishment for any media mogul. What absolutely distinguishes Iger from battling Hollywood CEOs—and what has cloistral Disney from the all-inclusive accouterment in examination patterns that accept aged others—is his confidence that an already gigantic aggregation should accumulate accepting bigger. While competitors mostly abhorred risks at this scale, Iger spent abundantly to buy Pixar ($7.4 billion), Marvel ($4 billion) and Lucasfilm ($4 billion), giving Disney a calendar of advantageous franchises that far outdistances competitors’.

Although some critics bewail the sequelization of Hollywood, no one doubts that Iger’s moves accept paid off. Audiences, best of the time, accumulate affairs tickets. And “sequel” doesn’t absolutely do amends to Iger’s achievement: with the Marvel and Star Wars films, Disney has acquired absolute fabulous universes that can spawn advantageous new agreeable in all directions. A Marvel cine appearance can adeptness a new Disney theme-park ride, affect a TV alternation and serve as the focus of a video game, all beneath the Disney tent.

More remarkable, in an industry of big egos, Iger’s about hands-off administration appearance has accustomed Disney to blot these companies afterwards masticating the qualities that accomplish them unique. Industry assemblage say Iger’s collaborative

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