Tag: The Walt Disney Company
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Disney Executive Chairman Bob Iger Leaves California Governor Newsom’s Economic Recovery Task Force
Bob Iger, Executive Chairman of The Walt Disney Company, has left California Governor Gavin Newsom’s economic recovery task force. A Disney spokesperson confirmed this to The Sacramento Bee. The spokesperson declined to say why or when Iger left the task force. The news of Iger’s departure comes in the midst of massive layoffs at Disney…
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Disney Hires Diane Jurgens as New Chief Information Officer
Disney has brought on Diane Jurgens as its new Chief Information Officer. The announcement was made by Christine M. McCarthy, Senior Executive Vice President and Chief Financial Officer. Jurgens will be reporting to McCarthy. “Diane is a proven global technology leader with strategic vision, and her talents will be a great asset to the Company…
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The Walt Disney Company To Participate In The Bank Of America Virtual 2020 Media, Communications & Entertainment Conference
BURBANK, Calif., September 3, 2020 – Christine McCarthy, Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company (NYSE: DIS), will participate in a question-and-answer session at the Bank of America Virtual 2020 Media, Communications & Entertainment Conference on Thursday, September 10, 2020 at approximately 11:25 a.m. PDT/ 2:25 p.m. EDT. To listen…
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The Results Are In – DISNEY Reporter
Welcome to another edition of DISNEY Reporter! Each week it covers the top Disney and geek stories that has happened of the course of the last seven days. This week, the results are in on The Walt Disney Company’s third quarter. While they weren’t great, there were also a few glimmering spots. The parks’ numbers…
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Muppets Are Back, Luca’s Coming! – GEEKS CORNER – Episode 1044 (#515)
Welcome to another episode of GEEKS CORNER! Each week we talk about the things we want to geek out about because it’s good to be a geek, especially a Disney geek! This week is no exception. Throughout the course of the show, the geeks chat about the earnings report from The Walt Disney Company. This…
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Disney Loses $3.5 Billion Due to Pandemic Closures of Parks
The Walt Disney Company lost $3.5 billion in operating income during the fiscal 3rd quarter as a result of the park closures caused by the coronavirus pandemic. The news came from Disney CEO Bob Chapek on an earnings call focused on the 3rd quarter. This contributed to a nearly $5 billion loss for the company…
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The Walt Disney Company Earns 145 2020 Primetime Emmy® Award Nominations
Nominees for the 2020 Primetime Emmy Awards were announced today by the Television Academy, with The Walt Disney Company receiving 145 nominations. The impressive total includes 47 nominations for Disney Television Studios; 36 for ABC (up from 26 last year); 33 for FX (up from 32 last year); 26 for Hulu (up from 20 last…
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President and Managing Director, Disney Parks International Michael Colglazier Leaving Disney for Virgin Galactic
Michael Colglazier is leaving The Walt Disney Company. He has held many roles at Disney including being a member of the corporate strategy group, the president of Disneyland, and also led Disney’s parks in the Asia Pacific region. In his most recent role as President and Managing Director, Disney Parks International Colglazier oversaw the operations…
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The Walt Disney Company Executives To Discuss Fiscal Third Quarter 2020 Financial Results Via Webcast
BURBANK, Calif., July 1, 2020 – The Walt Disney Company (NYSE: DIS) will discuss fiscal third quarter 2020 financial results via a live audio webcast beginning at 4:30 p.m. EDT / 1:30 p.m. PDT on Tuesday, August 4, 2020. Results will be released after the close of regular trading on August 4, 2020. To listen…
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Disneyland Paris Run Weekend 5th Edition Postponed to Fall 2021
This week, Disney announced that they would be postponing the Disneyland Paris Run Weekend 5th edition. The races were originally planned for the last weekend of September 2020 but as the resort has analyzed its operations, they have made the decision to postpone the races. At this time, the races planned for the end of…
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Supporting, Reopening, Suspending – DISNEY Reporter
Welcome to the DISNEY Reporter! This week there is a lot of news, some happy and some not so happy. With the tragic murder of George Floyd, Disney is making a substantial donation to nonprofits advancing the causes of social justice. Disney is also matching the donations of Cast Members to different nonprofit organizations as…
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Newly Designed Disney Fun House Opens at Shanghai Children’s Medical Center
In celebration of this year’s International Children’s Day, The Walt Disney Company and Shanghai Disney Resort have launched a brand new space-themed Disney Fun House in China at Shanghai Children’s Medical Center. The new Disney Fun House will take children in need on a journey to the furthest reaches of the galaxy while creating unique…
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The Walt Disney Company Pledges $5 Million To Support Nonprofit Organizations That Advance Social Justice
The Walt Disney Company has pledged $5 million to support nonprofit organizations that advance social justice, beginning with a $2 million donation to the NAACP to further their longstanding work promoting social justice by eliminating disparities and racial discrimination through their advocacy and education programs. “The killing of George Floyd has forced our nation to…
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Making a Difference – GEEKS CORNER – Episode 1035 (#506)
Black Lives Matter. DAPS MAGIC is a place where all people are accepted. We want to remain positive and bring kindness into the world which is why we are doing a show tonight. Any revenue from super chats from this show will go to the Equal Justice Initiative which works to end racial inequality. If…
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ABC Rebroadcasting Landmark blacki-ish Episodes
ABC will be rebroadcasting episodes of black-ish tonight in an effort to bring people together and “say as humankind enough is enough.” This comes from a post from black-ish showrunner Kenya Barris on Instagram. ABC will air two episodes of the show, Hope and Juneteenth. Hope addresses police brutality. Juneteenth focuses on the end of slavery in the…
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Walt Disney Company Matches Cast Member Donations
The Walt Disney Company is committed to matching the donations of Cast Members. This reminder came on social media as people rallied together to support #blacklivesmatter in the wake of the killing of George Floyd by a Minneapolis police officer. Disney released a statement regarding its commitment to inclusion and equality. It also commits to…
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Disney Releases Statement on Killing of George Floyd
In the wake of the brutal killing of George Floyd in Minnesota, Disney has sent a letter to fellow employees addressing the horrible tragedy. The letter is signed by Disney CEO Bob Chapek, Executive Chairman Bob Iger, and Disney’s Chief Diversity Officer Latondra Newton. This letter addresses the pain and anger being felt due to…
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Carlos A. Gómez Named Treasurer Of The Walt Disney Company
BURBANK, Calif., May 27, 2020 – Carlos A. Gómez has been named Senior Vice President and Treasurer of The Walt Disney Company (NYSE: DIS), it was announced today by Christine M. McCarthy, Senior Executive Vice President and Chief Financial Officer. Mr. Gómez will report directly to Ms. McCarthy. He succeeds Jonathan S. Headley who, as…
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The Walt Disney Company Garners 102 Daytime Emmy Nominations
The Walt Disney Company has picked up 102 Daytime Emmy Nominations across its various platforms for the 47th Annual Daytime Emmy® Awards. Leading the pack this year is ABC’s daytime drama General Hospital. It has 23 nominations and is the most for any show this year. The View received the most nominations for any talk show this year with…
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New Disney Parks Leadership Announced
Bob Chapek, Chief Executive Officer of The Walt Disney Company, has announced a new Disney Parks, Experiences and Products leadership team that will be led by Josh D’Amaro, who has been named Chairman, Disney Parks, Experiences and Products. All new positions are effective immediately. “I’m incredibly proud of the new leadership team at Parks, beginning…
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Head of Disney Streaming Kevin Mayer Resigns and Moves to TikTok
The head of Disney’s streaming service Kevin Mayer has resigned from The Walt Disney Company. He will be taking on the role of chief executive for TikTok, an app for making and sharing short videos that has become incredibly popular during the COVID-19 pandemic. On top of taking over as chief executive for TikTok, Mayer…
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Disney Raises Nearly $11 Billion in New Debt [updated]
The Walt Disney Company has raised nearly $11 billion in new debt as it continues to battle financial challenges brought on by repercussions of the coronavirus. The news came from regulatory filings on Tuesday made by Disney. According to the filing, Disney is raising debt via a senior unsecured notes offering. It is expected that…
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Down to Earth – DISNEY Reporter
Welcome to another edition of DISNEY Reporter! This week, there is surprisingly a lot going on. Furloughs began for The Walt Disney Company. Executives from Disney were named to be on economic task forces for the reopening of a couple of states. The Walt Disney Company also celebrated Earth Day, as did many others. In…
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The Walt Disney Company Honors the 50th Anniversary of Earth Day With Special Programming
Wednesday, April 22, marks the 50th anniversary of Earth Day, which has become the world’s largest civic event and inspires more than a billion people each year to protect and honor our planet in a variety of ways. This year, Earth Day comes at a time of great uncertainty for people across the globe, and…