Tag: Bob Iger
-
Disney Helps Employees Invest in the Future with New Disney Aspire Program
The Walt Disney Company is helping employees invest in their futures. Today Disney Aspire was announced. This program is being billed as the most comprehensive of its time. Disney Aspire will give the opportunity of education to The Walt Disney Company’s 80,000 hourly employees. With tuition paid up front, it will give employees the chance…
-
Disney and Fox Shareholders Vote to Approve Merger
Shareholders for The walt Disney’s Company and 21st Century Fox have voted to approve a merger between the two companies. The vote comes after a bidding war between Disney and Comcast for Fox threatened to disrupt the deal. The deal will include Fox’s movie and television studios along with its cable entertainment and international assets.…
-
The Walt Disney Company Signs Amended Acquisition Agreement To Acquire Twenty-First Century Fox, Inc., For $71.3 Billion In Cash And Stock
New $38-per-share acquisition gives 21st Century Fox shareholders option to elect cash or stock in the combined entity BURBANK, Calif., June 20, 2018—The Walt Disney Company (NYSE: DIS) today announced that it has signed an amended acquisition agreement with Twenty-First Century Fox, Inc. (“21st Century Fox” —NASDAQ: FOXA, FOX), for $38 per share in cash…
-
John Lasseter Leaving Disney at End of the Year
John Lasseter is going to be leaving his post at Disney at the end of this year. The news comes six months after Lasseter took a leave of absence as he cited ‘missteps.’ Until the end of 2018, Lasseter will retain a consulting role with The Walt Disney Company. Bob Iger commented on Lasseter’s departure…
-
Steven Spielberg Reveals Indiana Jones 5 to Begin Filming in April 2019
The man in the hat is coming back and it appears that filming will begin next April. The news about Indiana Jones 5 came out of an acceptance speech from Steven Spielberg at the Rakuten TV Empire Awards. There, the famed director shared that he would be filming Indy 5 in the UK next year.…
-
The Walt Disney Company Reorganizes Into Four Segments
New Structure Consolidates the Company’s Direct-to-Consumer Services, Technology and International Media Operations into a Single, Worldwide Business to Capitalize on Growth Opportunities Parks and Resorts and Consumer Products Operations Combined to Create New Hub Where Disney’s Stories, Characters and Franchises Come to Life Kevin Mayer Named Chairman of Direct-to-Consumer and International Segment Bob Chapek Named…
-
Take a Unique Look at Star Wars: Galaxy’s Edge Here!
Star Wars: Galaxy’s Edge will be opening at the Disneyland Resort and Walt Disney World Resort sometime in 2019. This will be the largest land to be added to the Disneyland Resort since it opened in 1955 and will transport guests into a galaxy far, far away. History of Star Wars: Galaxy’s Edge Originally announced…
-
Design for New Disney Cruise Line Ships Revealed
The Disney Cruise Line is the most magical fleet at sea. This magic will continue to expand with three new vessels setting sail as part of the fleet in 2021, 2022, and 2023. Today, Bob Iger revealed what these new ships will look like along with some details about these new ships at the Walt…
-
Walt Disney Studios Paris to Begin Multi-Year Expansion in 2021
Bob Iger has announced a multi-year expansion to Walt Disney Studios Paris, the park right next to Disneyland Paris. Already announced is the Iron Man roller coaster taking Rock N’ Roller Coaster’s place. It will be part of a Marvel area that Iger announced. Other areas include a Star Wars land and Frozen area. A…
-
125,000 Disney Employees to Receive $1,000 Cash Bonus and Company Launches New $50 Million Higher Education Program
Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company, today announced, more than 125,000 eligible employees will receive a one-time $1,000 cash bonus. The Company will also make an initial investment of $50 million in a new and ongoing education program specifically designed to cover tuition costs for hourly employees. The two…
-
Minnie Mouse Receives Star on Hollywood Walk of Fame
Minnie Mouse has received her star on the Hollywood Walk of Fame. In a ceremony that included Disney Chairman and CEO Bob Iger and Katy Perry, Minnie Mouse was recognized by Iger as “a true legend, a real character and the first lady of The Walt Disney Company.” The honor was given to Minnie Mouse by…
-
Star Wars: The Last Jedi Takes Lucasfilm Deal Past Sale Price
There is a lot of news in the Star Wars universe since Disney purchased Lucasfilm five years ago. The $4.06 billion price tag at the time was a big number but now as Star Wars: The Last Jedi pushes towards making $1 billion itself, the investment by Disney in Lucasfilm is definitely paying off. It…
-
21st Century Fox to Disney: 4 Questions the Acquisition Raises
This morning, it was officially announced that Disney has acquired a lion’s share of 21st Century FOX (for just over 52 Billion, plus another 10+ in assumed debt), making the Iger-led company a behemoth the likes of which Hollywood has never seen. In the buyout, Disney has acquired numerous legacy brands, brought several interesting (and…
-
Disney CEO Bob Iger To Delay Retirement to 2021
Bob Iger has announced that he will be delaying his retirement again. This comes as part of a deal for Disney to acquire major elements of 21st Century Fox. Because of the complexities of this deal, Iger has extended his contract to 2021 to oversee the acquisition. Bob Iger succeeded Michael Eisner as the CEO…
-
It’s Official! Disney Acquires 21st Century Fox
December 14, 2017 Disney officially announced that they have come to a deal to acquire 21st Century Fox. Disney have an agreement to acquire the company at $52.4 billion in stock. Shareholders of 21st Century Fox will receive 0.2745 of Disney shares in the acquisition. Disney will also assume a debt of $13.7 billion that…
-
Disney CEO Bob Iger to Delay Retirement Again?
Reports are coming out that Disney CEO and Chairman Bob Iger might not be retiring as initially thought in 2019. Due to a deal that is in the works withTwenty-First Century Fox Inc, Iger may stay at The Walt Disney Company to facilitate the integration of the Fox’s integration into the company. According to Reuters,…
-
Season of Awesome! – GEEKS CORNER – Episode 809
Welcome to GEEKS CORNER! This week there is a lot to cover in the world of animation, theme parks, movies, and more! Oh yes, there is also some Porg excitement thrown in. The geeks talk about Coco, Olaf’s Frozen Adventure, Jurassic World: Fallen Kingdom, Bob Chapek, World of Color – Season of Light at the Disneyland…
-
Marvel Studios Poised to Move From the Past and Vault into the Future!
Marvel Studios has had an unprecedented string of successes under the guidance of Kevin Feige. Over the last 10 years since the release of Iron Man, fans have come to know and love a group of heroes that came together to become the Avengers. This coming year, Marvel will be releasing Black Panther and Avengers:…
-
Disney Parks and Resorts Chairman Bob Chapek in Contention to Succeed Bob Iger as Walt Disney Company CEO
In 2019 Disney Chairman and CEO Bob Iger is set to step down. Recently Iger confirmed his intention to retire. This has left both the business and Disney communities speculating about who is replacement would be. With under two years to go until Iger retires, the transition would need to get underway to set up a…
-
John Lasseter Honored with Diane Disney-Miller Lifetime Achievement Award by Walt Disney Family Museum
The Walt Disney Family Museum had their 3rd annual Gala celebrating the bestowment of the Diane Disney-Miller Lifetime Achievement Award to this year’s recipient, John Lasseter. The special fundraising gala was held at the Golden Gate Club at the Presidio, San Francisco. John Lasseter, Chief Creative Officer at Pixar and Walt Disney Animation Studios is…
-
New Star Wars Live-Action TV Series Coming to Disney Streaming Service
During a call with investors, Disney CEO and Chairman Bob Iger announced that there will be a new live-action Star Wars tv show. This new show will be arriving on the yet-unnamed Disney streaming service. Iger also announced that a tv series will be coming to the platform based on the Disney-Pixar film Monsters, Inc.…
-
Disney CEO Bob Iger Confirms Plans to Step Down in 2019
Today Bob Iger confirmed that he will be stepping down in 2019. At the Vanity Fair’s New Establishment Summit Iger joked, “This time I mean it!” This came after confirmation of his intentions to retire. The Disney Chairman and CEO was originally planning on retiring in 2016. However, he was given at three year contract…
-
Bob Iger Joins Disney in Mourning for Cast Member Killed in Las Vegas
The Walt Disney Company is mourning the loss of a longtime Disneyland Resort cast member today after she was killed in the Las Vegas shooting on Sunday night. Carrie Barnette was one of 59 people killed on Sunday night at the Las Vegas shootings. Another cast member, Jessica Milam, was injured. Chairman and CEO of…
-
Star Wars and Marvel Movies to Leave Netflix for Disney Streaming Service
This week Disney CEO Bob Iger delivered the news that Netflix most likely did not want to hear. He announced that the Star Wars and Marvel movies in the Disney catalogue will be leaving Netflix for Disney’s new streaming service. This news came during a question and answer session at the Bank of America Merrill Lynch…