Tag: The Walt Disney Company
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Goodbye Bob, Hello Bob – GEEKS CORNER – Episode #635
Welcome to GEEKS CORNER! This week, the Geeks have a discussion about Bob Iger taking over the role of CEO at The Walt Disney Company and Bob Chapek’s departure. The geeks talk about what happened and also where they think things will go moving forward. This is followed by a brief discussion of Mickey: The…
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The Changing of the Bobs – How Bob Iger Ended Up Taking the Role of Disney CEO Back From Bob Chapek
The news that Bob Iger has returned to the role of CEO of The Walt Disney Company has the Disney and business worlds buzzing. With the announcement that Bob Chapek was no longer with the company and Iger back, questions are being asked about how this all happened. CNBC has revealed a general overview of…
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The Walt Disney Company Releases Statement Announcing Bob Iger’s Appointment as CEO
On Sunday night, it was announced that Bob Iger would be returning to the role of CEO of The Walt Disney Company. This is a role he vacated in the spring of 2022. The internet quickly became a buzz as people discussed this unexpected change. The Walt Disney Company later released an official statement on…
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Bob Iger Returns to The Walt Disney Company as CEO
Bob Iger is once again the CEO of The Walt Disney Company. Tonight an email was sent out from Iger to Disney employees from Bob Iger announcing his return. Susan Arnold, Chairman of Disney’s Board of Directors also released a statement thanking Bob Chapek for his service to the company. “We thank Bob Chapek for…
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Disney Awards $1 Million In Grants To Support Youth In STEM And The Arts In Honor Of Marvel Studios’ “Black Panther: Wakanda Forever”
Disney Future Storytellers initiative celebrates nonprofit collaborators, reaching nearly 25,000 teens and young adults through community screenings nationwide BURBANK, Calif., November 10, 2022 – In honor of the November 11 theatrical debut of Marvel Studios’ Black Panther: Wakanda Forever, Disney is hosting community screenings of the film across the country and awarding $1 million in grants to…
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Disney CEO Bob Chapek Planning Cost-Cutting Measures Including Targeted Hiring Freeze
The CEO of The Walt Disney Company Bob Chapek is planning a hiring freeze. In a memo to leaders, Chapek shared that a targeted hiring freeze is one of the efforts being made to help Disney+ reach profitability in fiscal 2024. Chapek said it will also make the company more efficient and nimble. Chapek shared…
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Disney Shares Fiscal Report on Fourth Quarter and Fiscal 2022 Earnings
The Walt Disney Company reported yesterday on its fourth-quarter earnings, and also its full-year earnings for the 2022 fiscal year. This ended on October 1, 2022. Below is the official report that was released by The Walt Disney Company. The Walt Disney Company Reports Fourth Quarter and Full Year Earnings for Fiscal 2022 BURBANK, Calif.–The…
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The Walt Disney Company Remembers Disney Legend Alice Davis After Her Passing at 93
The Disney community mourned the news that Disney Legend Alice Davis passed away at the age of 93 on Thursday. This beloved woman was instrumental in making attractions like it’s a small world and Pirates of the Caribbean into the iconic attractions they are today with her expertise as a designer and costumer. Today, The…
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Disney Receives 86 Children’s & Family Emmy® Award Nominations
Earlier this week, The Walt Disney Company received a total of 86 Children’s & Family Emmy® Award Nominations. The nomination announcement was made on Tuesday. It saw the nominations spread across multiple different divisions including Disney Branded Television, Disney Channel, Disney Junior, Disney Television Studios’ 20th Television, Lucasfilm Ltd., Pixar Animation Studios, and Walt Disney…
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Disneyland Paris Reveals Details on How The Walt Disney Company Will Celebrate 100 Years of Wonder
This week Disneyland Paris revealed some details on how The Walt Disney Company will be celebrating 100 Years of Wonder, the celebration of the company’s 100 years of magic making. While not all the details have been revealed or flushed out, Disneyland Paris has shared some things about how this milestone will be celebrated at…
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Disney Announces $1 Million Multi-Year Grant to Exceptional Minds in Support of Inclusion and Diversity in Entertainment
The Walt Disney Company’s continued dedication to furthering inclusion and diversity in the entertainment industry was demonstrated with a $1 million multi-year grant made to Exceptional Minds, a nonprofit creative arts academy for young adults on the autism spectrum. The commitment was announced at the “Decade of Impact” event celebrating Exceptional Minds’ 10th anniversary, which took…
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The Walt Disney Company Releases Statement on the Death of Angela Lansbury
On October 11, 2022, it was announced that Disney Legend Angela Lansbury had died in her sleep. As the Disney world mourned her death, The Walt Disney Company released a statement on her death. Below is the statement that was released by Disney. Remembering Disney Legend Angela Lansbury Award-winning actress and Disney Legend Angela Lansbury…
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The Walt Disney Company Executives To Discuss Fiscal Full Year And Fourth Quarter 2022 Financial Results Via Webcast
BURBANK, Calif., October 4, 2022 – The Walt Disney Company (NYSE: DIS) will discuss fiscal full year and fourth quarter 2022 financial results via a live audio webcast beginning at 4:30 p.m. ET / 1:30 p.m. PT on Tuesday, November 8, 2022. Results will be released after the close of regular trading on November 8,…
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Disneyland Resort to Begin Disney100 Celebration on January 27, 2023
The Disneyland Resort will begin celebrating 100 years since Walt and Roy Disney founded The Walt Disney Company with the Disney100 celebration on January 27, 2023. Disney announced this date along with some details for the celebration this morning. This is a global celebration of this historic milestone and the heart of it will be…
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The Walt Disney Company Appoints Veteran Media And Technology Executive Carolyn Everson To Its Board Of Directors
BURBANK, Calif., September 30, 2022 – The Walt Disney Company (NYSE: DIS) today announced that Carolyn Everson, a veteran media and technology executive, will join its Board of Directors, effective November 21. Ms. Everson, 50, a well-respected executive with deep experience in consumer-facing companies, will be included in the Company’s slate of director nominees in…
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Disney’s Current Movie Release Schedule for 2023-2024
Disney has updated its release schedule for 2023-2024. With this updated release, there is some clarity as to when some highly anticipated movies will be released from across the many different studios owned by The Walt Disney Company. Since the challenges that the pandemic brought to the industry, movie release schedules have been thrown upside-down…
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Disney Signs on as a Founding Partner of the Roybal Film and Television Production Magnet Fund
As part of the Disney Future Storytellers initiative to empower the next generation of storytellers and innovators, The Walt Disney Company has signed on as a Founding Partner of the Roybal Film and Television Production Magnet Fund. Through social investments and collaborations such as this, Disney is increasing access to careers in storytelling and innovation…
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The Walt Disney Company Wins 26 Primetime Emmy® Awards
The Walt Disney Company won 26 Primetime Emmy® Awards across its content brands and studios, including ABC Entertainment, Disney+, Disney Television Studios’ 20th Television and ABC Signature, FX, FX Productions, Hulu Originals, Lucasfilm Ltd., Marvel Studios, National Geographic Content, Searchlight Television, and Walt Disney Studios. Including the Creative Arts Emmy Awards, which took place Saturday, September 10, Disney’s…
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Disney to Begin Disney 100 Years of Wonder Celebration During Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest
This last week at the D23 Expo, Disney CEO Bob Chapek shared that The Walt Disney Company will begin its Disney 100 Years of Wonder celebration in 2023 during Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest. Chapek shared that Disney100 will be the largest cross-company global celebration the company has ever had. “Ten…
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Disney CEO Bob Chapek To Speak at The Goldman Sachs 2022 Communacopia + Technology Conference
CEO of The Walt Disney Company Bob Chapek will be speaking at the Goldman Sachs 2022 Communacopia + Technology Conference it has been announced. The Disney CEO will be participating in a question-and-answer session at the conference on Wednesday, September 14, 2022 at around 5:00 PM PT. Chapek’s participation in this conference will come just…
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Comcast Executives Predict Hulu to Stay with Disney
The future of Hulu unsurprisingly appears to be with The Walt Disney Company. Comcast executives expect that Disney will follow through with its deal to purchase Comcast’s remaining 33% stake in Hulu. While the terms of this sale have not been agreed on, it is expected to happen as early as 2024. Currently, Disney owns…
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Two Independent Non-Executive Directors Re-Appointed to Hongkong International Theme Parks Limited
Hongkong International Theme Parks Limited (HKITP) has reappointed to Non-Executive Directors. This has Mr. Fung Ying Wai, Wilson, and Ms. Yeung Mei Chun being re-appointed to another two-year term that was effective on September 1, 2022. HKITP is basically the equivalent of a board of directors for Hong Kong Disneyland. The full press release about…
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The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2022
BURBANK, Calif.–The Walt Disney Company (NYSE: DIS) today reported earnings for its third fiscal quarter ended July 2, 2022. Revenues for the quarter and nine months grew 26% and 28%, respectively. Diluted earnings per share (EPS) from continuing operations for the quarter increased to $0.77 from $0.50 in the prior-year quarter. Excluding certain items(1), diluted…
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Disney Joins Other Hollywood Studios in Supporting Passage of the Respect for Marriage Act with Open Letter
The Walt Disney Company has joined other studios in writing an open letter in support of the Respect For Marriage Act. This letter was spearheaded by the Human Rights Campaign. Officially known as H.R. 8404 in the House and S. 4556 in the Senate, this bill would repeal in its entirety the Defense of Marriage…