Tag: The Walt Disney Company
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A Chairman No More, Peter Rice Out at Disney
Peter Rice, the chairman of Disney General Entertainment Content has been fired. Up until this week, he oversaw the development of programming for Disney+, Hulu, and Star, and its cable and broadcast networks. Disney General Entertainment’s portfolio includes 20th Television, ABC Entertainment, ABC News, ABC Signature, Disney Branded Television, Freeform, FX, Hulu Originals, National Geographic,…
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The Walt Disney Company To Be The Exclusive Entertainment Sponsor Of The 2022 ESSENCE Festival Of Culture™ Presented By Coca-Cola®
Leading Disney Brands To Feature Exclusive Screenings, Talent and More Today, The Walt Disney Company announced it will be the exclusive entertainment sponsor of the 2022 ESSENCE Festival of Culture™ presented by Coca-Cola®. This year’s celebration kicks off with the Road to ESSENCE Festival with select activations taking place in Los Angeles on June 4,…
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The Walt Disney Company Sets The Bar with BlockBuster In-Person Production
Powerhouse Executives, A-List Talent and Champion Athletes Unveil the Next Evolution of Storytelling Excellence and Innovation At Disney’s Upfront NEW YORK – Wednesday, May 18 – The Walt Disney Company completely reimagined its annual Upfront experience, setting the stage for the Company’s next 100 years, bringing out the biggest names across the entertainment empire. After two…
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Original Mickey Mouse Copyright Protection Set to Expire in 2024
In 2024, copyright protection for Mickey Mouse is set to expire. This happens “Steamboat Willie,” the original version of Mickey Mouse would be pushed into the public domain. Creators, artists, and even fans would then be able to use this character in their own work. Perhaps more importantly to Disney, this could lead to a…
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The Walt Disney Company Reports Second Quarter and Six Months Earnings for Fiscal 2022
BURBANK, Calif.–The Walt Disney Company (NYSE: DIS) today reported earnings for its second fiscal quarter ended April 2, 2022. Revenues for the quarter and six months grew 23% and 29%, respectively, despite a $1.0 billion reduction for the amount due to a customer to early terminate license agreements for film and television content delivered in…
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The Walt Disney Company Executives To Participate In The 9th Annual Moffettnathanson Media And Communications Summit
BURBANK, Calif., May 9, 2022 – Christine McCarthy, Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company (NYSE: DIS) and Rita Ferro, President, Advertising Sales, The Walt Disney Company, will participate in a question-and-answer session at the 9th Annual MoffettNathanson Media and Communications Summit on Wednesday, May 18, 2022 at approximately 2:00…
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The Walt Disney Company to Share Second Quarter Fiscal Results on May 11
The Walt Disney Company has announced when its next earnings call will be. In a press release today, Disney shared that it will be sharing its second-quarter financial resorts on May 11th at 4:30 PM ET/1:30 PT. The results will be broadcast on a webcast at disney.com/investors. Press Release BURBANK, Calif., April 7, 2022 –…
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Kristina Schake Named Executive Vice President, Global Communications Of The Walt Disney Company
BURBANK, Calif., April 5, 2022—The Walt Disney Company (NYSE: DIS) has named Kristina Schake as Executive Vice President, Global Communications, reporting to Chief Corporate Affairs Officer Geoff Morrell. She will be responsible for the Company’s worldwide communications strategy and operations, while also serving as lead spokesperson. Her appointment is effective immediately. Ms. Schake has spent…
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The Walt Disney Company Releases Statement on Support For The LGBTQ+ Community
After much controversy this week, The Walt Disney Company has released a statement on its support for the LGBTQ+ community. The statement comes from Disney CEO Bob Chapek and was sent to employees. The full statement can be read here: To my fellow colleagues, but especially our LGBTQ+ community, Thank you to all who have…
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HBCU Joins Growing Network Of Disney Aspire Educational Providers
BURBANK, CA., March 2, 2022 – Disney Aspire, The Walt Disney Company’s education investment and career development program that offers 100% of tuition paid upfront, has welcomed North Carolina Agricultural and Technical State University, a Historically Black College/University (HBCU), into its growing network of educational providers. The addition of North Carolina A&T brings a variety of new…
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Disney Halts Movie Releases in Russia as Ukraine Crisis Continues
The Walt Disney Company will not be releasing movies in Russia as the crisis in Ukraine continues on. In a statement released on Monday night, Disney shared that it would be pausing the release of theatrical films in Russia. On top of that, Disney is also working with nonprofits to help with the humanitarian crisis…
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The Walt Disney Company Reinforces Its Commitment to Use Its Broad Global Reach and Unique Platforms to Promote Social Responsibility
Disney publishes 2021 Corporate Social Responsibility Report BURBANK, Calif., February 22, 2022 – At The Walt Disney Company, we strive to inspire a better world through the power of stories. Today, we released our 2021 Corporate Social Responsibility Report, which details our efforts to increase diversity, equity, and inclusion through stories and storytellers who reflect the rich…
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Bob Iger and Bob Chapek Saw Compensation Double in 2021 Regulatory Filing Reveals
In regulatory filings from The Walt Disney Company, a look at the pay of Disney executives was given in 2021. For both now-retired Bob Iger and CEO Bob Chapek, 2021 saw a significant increase in income after the challenging events of 2020. The now-retired Executive Chairman Bob Iger saw his compensation grow from $21 million…
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The Walt Disney Company Creates International Content Group To Expand Pipeline Of Local Content And Continue To Grow Its Global Direct-To-Consumer Business
Rebecca Campbell to lead new international content creation hub for Company’s DTC platforms as Chairman, International Content and Operations Michael Paull promoted to newly created role overseeing Disney+, ESPN+, Hulu and Star+ Joe Earley named President of Hulu BURBANK, Calif., January 19, 2022 –To support the ongoing expansion of The Walt Disney Company’s (NYSE: DIS)…
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Disney to Share First Quarter 2022 Financial Results on Webcast
The Walt Disney Company will provide an update for its financial results for the first quarter of 2022 on February 9, 2022. This will be done via a webcast at 1:30 PM PT at disney.com/investors. During the webcast, Disney generally will provide updates on subscriptions for Disney+, how its Disney Parks, Experiences and Products segment…
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Former Disney CEO Michael Eisner is a Fan of Current Disney CEO Bob Chapek
Michael Eisner, the former CEO of The Walt Disney Company, is a fan of the current CEO Bob Chapek. He’s also a fan of Chapek’s predecessor Bob Iger. In an interview with CNBC on Wednesday, Eisner sang his praises of both of the Bobs. “I am a big fan of Disney. I am a fan…
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The Three Pillars – GEEKS CORNER – Episode 1214 (#588)
Welcome to GEEKS CORNER! This week the GEEKS have a fun time geeking out about what has gone on in the world of geek in the last week. Before doing that though, the question is asked, where did everyone go on field trips as kids? This leads to some interesting discussion between the geeks and…
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Disney CEO Bob Chapek Outlines Focus for the Future with Three Pillars
As Disney gears up for its 100th anniversary, it isn’t just looking at the past. In a memo from Disney CEO Bob Chapek, the next 100 years are being looked at as well. In the memo, Chapek sets the focus for the company’s next 100 years. The focus is narrowed down to “three strategic pillars.”…
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Disney Patents 3-D Virtual World Simulator Technology
Disney continues to dig into augmented reality experiences for its guests. Recently, Disney received a patent on what is called a “Virtual World Simulator.” This technology aims to project moving 3-D images on real-world objects that would be able to interact with guests. This would, in theory, up the interaction and engagement with guests visiting…
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Goodbye Bob, Hello Boba – GEEKS CORNER – Episode 1213 (#587)
Welcome to another episode of GEEKS CORNER! This is the first episode of the new year and we are excited to geek out with you! As the new year begins, the GEEKS talk about endings. Bob Iger ended his nearly 5-decade career at The Walt Disney Company in the last week. The GEEKS chat about…
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The Walt Disney Company Names Horacio Gutierrez As General Counsel And Secretary
BURBANK, Calif., December 22, 2021 – Horacio Gutierrez has been named Senior Executive Vice President, General Counsel and Secretary of The Walt Disney Company (NYSE: DIS), it was announced today by Bob Chapek, Chief Executive Officer. Mr. Gutierrez joins Disney from Spotify, where he has served as Head of Global Affairs and Chief Legal Officer.…
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The Walt Disney Company Extends Chief Financial Officer Christine M. Mccarthy’s Contract Through June 30, 2024
BURBANK, Calif., December 21, 2021—The Walt Disney Company (NYSE: DIS) has extended Christine M. McCarthy’s contract as Senior Executive Vice President and Chief Financial Officer through June 30, 2024, it was announced today by Bob Chapek, Chief Executive Officer. Ms. McCarthy is a 22-year veteran of the Company and has served as CFO since 2015.…
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Bob Iger Shares More About the Reasoning Behind His Departure from Disney
As Bob Iger wraps up his run at The Walt Disney Company he is sharing more of his reasoning behind his retirement. In an interview with CNBC, he shared about one of the indicators that told him it was time to move on. Iger shared that it had to do with dismissing other people’s ideas.…
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The Walt Disney Company To Hold Annual Meeting Of Shareholders On March 9, 2022
BURBANK, Calif., December 14, 2021 – The annual meeting of shareholders of The Walt Disney Company (NYSE: DIS) will be held on Wednesday, March 9, 2022 at 1:00 p.m. ET / 10:00 a.m. PT by virtual meeting and will be made available via webcast at www.disney.com/investors.