Tag: The Walt Disney Company
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The Walt Disney Company Offers Concessions to European Commission For Fox Merger Approval
The Walt Disney Company continues to inch forward to merging with 21st Century Fox. The Walt Disney Company has reportedly offered concessions to the European Commission ahead of approval for its merger with Fox. r. The Commission has pushed its deadline to review the deal from October 19th to November 11th. Currently, the European Commission hasn’t revealed…
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The Walt Disney Company Donates $1 Million in Humanitarian Aid to Support Communities Impacted By Hurricane Michael
BURBANK, Calif., Oct. 11, 2018 — The Walt Disney Company today announced it is contributing $1 million to aid in relief efforts across Florida’s Gulf Coast region and other areas impacted by Hurricane Michael. The donation will support disaster response and recovery efforts through the Florida Disaster Fund managed by the Volunteer Florida Foundation. “The…
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Fox Will Be Ready for Merger Deal to Close on January 1, 2019 Says Fox Exec Peter Rice
In a meeting with employees earlier this week, Fox executive Peter Rice shared that Fox will be ready to merge with Disney on January 1, 2019. While this does not mean that the deal will actually close on January 1st, it does mean that the structure of New Fox will be ready to go on…
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The Walt Disney Company Announces New Organizational Structure for its Media Networks Business, Conditional Upon Closing of 21st Century Fox Acquisition
21st Century Fox executives to assume leadership roles at Disney business segment once acquisition closes Peter Rice to become Chairman, Walt Disney Television and Co-Chair, Disney Media Networks Dana Walden to assume new role of Chairman, Disney Television Studios and ABC Entertainment John Landgraf to serve as Chairman of FX Networks and FX Productions Gary E.…
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Ink & Paint Book by Mindy Johnson to Be Made into a TV Show for the Disney Streaming Service by ABC
There are new exciting things on the horizon from ABC. ABC is working on new content with its new Alternative Division led by Fernando Hernandez. He is the former head of Universal TV Alternative Studios and EVP of Development and Production at Ryan Seacrest Prods. Out of this new endeavor is a new show that…
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Who Would Win? – DISNEY Reporter
Welcome to another edition of the DISNEY Reporter. This week, the question is asked, who would win? This comes from a pitting of villains against each other by Cameron Jackson. At the Disneyland Resort, Ralph is set to break VR when he takes over the Void from Star Wars this fall. At Walt Disney World’s…
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The Walt Disney Company Elects Michael Froman As Newest Member of its Board of Directors
Ambassador Michael Froman, Vice Chairman and President, Strategic Growth at Mastercard, has been elected to the Board of Directors for The Walt Disney Company. The Walt Disney Company made this announcement on Thursday and the election of Froman to the Board takes effect immediately. “Given his broad experience and extraordinary career spanning both the public…
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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…
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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.…
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Mickey Mouse Continues to Spread Happiness Around the World in 90th Anniversary Portrait
D23: The Official Disney Fan Club made its debut at the San Diego Comic-Con this year. Its initial appearance celebrated 90 years of Mickey Mouse. On hand was Bret Iwan along with Becky Cline and animator Mark Henn. The panel was hosted by D23’s Justin Arthur. The panel covered many memories of Mickey Mouse. Bret…
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Jennifer Lee and Pete Docter Named Chief Creative Officers of Walt Disney and Pixar Animation Studios
The Walt Disney Company named new Chief Creative Officers to both the Walt Disney Animation Studios and Pixar Animation Studios. Jennifer Lee has been named the Chief Creative Officer for Walt Disney Animation Studios. Pete Docter has been named the Chief Creative Officer of Pixar Animation Studios. In each of their roles, they will be…
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Disney VoluntEARS Program Marks 35 Years at Disneyland Resort
Celebration at Disney’s Grand Californian Hotel & Spa Honors 2018 Disney VoluntEARS of the Year and 10 Million Hours of Volunteer Service Around the World ANAHEIM, Calif. June 8, 2018 – From building playgrounds to packing military care packages and providing meals for the local community, the 2018 Disney VoluntEARS of the Year were recognized…
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Disney Considering Giving John Lasseter a Limited Role in Potential Return
Last November, citing missteps, John Lasseter stepped away from his responsibilities at The Walt Disney Company. At the time this was to be for a six-month leave of absence. As the six-month period wraps-up, speculation about Lasseter’s future has run rampant among Disney fans. There might be some answers coming in the near future, however.…
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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…
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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…
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Disney Adds Two New People to Board of Directors
The Disney board has nominated two new people to join its ranks. Oracle CEO Safra Catz and Francis deSouza, president and CEO of biotechnology firm Illumina Inc. will be joining the board on February 1st. Catz said in a statement to the Los Angeles Time that she looks forward to working with the board in continuing its rich…
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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,…
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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…
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The Walt Disney Company and KTRK-TV Houston Commit to $1 Million for Hurricane Harvey Relief
The Walt Disney Company and its owned ABC television station KTRK in Houston today jointly announced a $1 million cash commitment to the American Red Cross in support of recovery efforts for communities affected by Hurricane Harvey. In addition, on Thursday, August 31, Disney|ABC Television Group (DATG) will host a “Day of Giving” to benefit…
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George Lucas, Bob Iger, and Kathleen Kennedy React to News of Carrie Fisher’s Death
The passing of Carrie Fisher, Princess Leia herself, is being felt around the world. The current and former leaders of Lucasfilm and also the Chairman and Chief Executive Officer of The Walt Disney Company also joined in to share their thoughts. George Lucas, Kathleen Kennedy, and Bob Iger shared their thoughts today on StarWars.com. Read them…
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Footage of Disney’s Animated Film ‘Moana’ & New Short ‘Inner Workings’ to Debut at Annecy International Animated Film Festival
On Friday, Walt Disney Studios announced the animated film, Moana, and an all-new short titled Inner Workings, will premiere exclusive content during the upcoming Annecy International Animated Film Festival. “Never-before-seen footage” of the film will premiere on June 17, 2016, while the film’s official theater release is set for November 23, 2016. Walt Disney Animation Studios returns to the…
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Highlights of the Walt Disney Company Shareholder Meeting
This week executives and shareholders of all ages gathered together in Chicago, Illinois for The Walt Disney Company’s annual shareholder meeting. This meeting is known for being a mix of magic and mayhem as news is shared about the company and then shareholders are allowed to ask questions. This year was no exception to either. Some…
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Walt Disney’s Original Office Restored at the Studio Lot in Burbank
Time and history have been forever preserved at Walt Disney Studios in Burbank. In honor of the 75th anniversary of the studio lot, Walt Disney’s office suite in the original Animation Building was restored. On Monday, the lot held a ribbon cutting ceremony in honor of the newly reconstructed office. The office included “Walt’s formal…
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Disney Invests Money in a Virtual Reality Company
The future is here! In recent news, seems like more virtual reality options are in the cards for The Walt Disney Company. According to a report from CNET, the Disney company and a few others have invested about $65 million to Jaunt. Jaunt is a company that is known for making cameras that are equipt…