Tag: The Walt Disney Company
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Disney Makes Case for Rejection of Nelson Peltz’s Board Nominations
On Tuesday, The Walt Disney Company rejected Nelson Peltz’s nominations for its board of directors. The Nelson Peltz-led Trian Fund Management, L.P. and its affiliates had nominated Nelson Peltz and former Disney CFO Jay Rasulo to the board. This effort was also backed by former Disney executive Isaac Perlmutter, who was let go during cuts made…
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The Walt Disney Company Nominates 12 Directors For Election At Upcoming Annual Meeting Of Shareholders
BURBANK, Calif., January 16, 2024— The Walt Disney Company (NYSE: DIS) Board of Directors disclosed its recommended slate of 12 nominees for election at the 2024 Annual Meeting of Shareholders in preliminary proxy materials filed today with the Securities and Exchange Commission. The Board has unanimously recommended that shareholders vote for Mary T. Barra, Safra…
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Disney+ Available on Apple Vision Pro on February 2
Today Disney announced that Disney+ will be available on Apple Vision Pro starting on February 2nd. When it arrives, Disney+ subscribers will get to experience the streaming service in a completely new and immersive way. This will be a new immersive 3-D viewing experience that will transform user spaces into landscapes from Disney, Pixar, Marvel,…
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The Walt Disney Company Receives 50 People’s Choice Awards Nominations
Today, The Walt Disney Company received 50 People’s Choice Awards nominations, with Hulu and 20th Television’s Only Murders in the Building leading in the television categories. Voting across all 45 categories is open until Friday, January 19. Winners will be announced Sunday, February 18, at 8 p.m. ET/5 p.m. PT, in a ceremony hosted by Simu Liu.…
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Andrew Warren Decision Used in Disney Lawsuit Against Governor DeSantis
A ruling about former Andrew Warren’s lawsuit against Governor DeSantis has been filed by The Walt Disney Company in its own lawsuit against the Governor. This comes after the 11th Circuit Court of Appeals ruled against Warren’s suspension by Governor DeSantis after Warren opposed efforts to criminalize abortion and gender-transition treatments for children. This was…
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Disney Brings Home Five Golden Globes
On Sunday night The Walt Disney Company brought home five Golden Globe Awards. The 81st Golden Globes took place at the Beverly Hilton in Los Angeles and was hosted by comedian Jo Koy. Disney’s wins came from its stable of brands and studios including FX, FX Productions, Hulu Originals, and Searchlight Pictures. The Bear was…
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Disney Releases Statement on Passing of Glynis Johns
Glynis Johns, the actor who brought Winifred Banks to life in Mary Poppins, passed away at the age of 100. With a career that spanned eight decades, Johns was a prolific actor on the big screen, small screen, and also on the stage. Beyond Mary Poppins, she appeared in The Sword in the Rose, While…
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The Walt Disney Company Executives To Discuss Fiscal First Quarter 2024 Financial Results Via Webcast
BURBANK, Calif., January 3, 2024 – The Walt Disney Company (NYSE: DIS) will discuss fiscal first quarter 2024 financial results via a live audio webcast beginning at 4:30 p.m. ET / 1:30 p.m. PT on Wednesday, February 7, 2024. Results will be released after the close of regular trading on February 7, 2024. To listen…
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Disney’s Makes Moves to Counter Activist Investor
Today Disney announced the first moves it has made to counter the efforts of activist investor Nelson Peltz. Disney announced a strategic partnership with ValueAct Capitol with an “information sharing” deal. Disney also secured support from Blackwells Capitol, which announced it is nominating three people to the Disney board as well. This move rivals Peltz’s…
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Former Disney Board Member Ignacio E. Lozano Jr. Passes Away at 96
The Walt Disney Company today announced the death of former Board of Director Ignacio E. Lozano Jr. at the age of 96. He died on Wednesday, December 27. He served on the Disney board for two decades from 1981 to 2001. He was also the chairman of Lozano Communications along with being the former publisher of…
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Here Are All The Disney Movies Coming Out in 2024
In 2023, The Walt Disney Company celebrated its 100th anniversary. In 1923, Walt and Roy Disney started the company that would become a behemoth in the entertainment industry. With humble beginnings, one has to wonder if Walt and Roy could have imagined what their company would look like a century later. Through the coming decades,…
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Disney and Reliance Reach Agreement on Star India
Disney and Reliance have signed a non-binding agreement that would see the two companies merge their Indian media operations the Economic Times of India is reporting. The deal would see Reliance owning a controlling 51% stake with Disney holding the remaining 49%. The merger creates the biggest media empire in India. The deal was reportedly…
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The Walt Disney Company Releases Statement on Trian’s Board of Directors Nominations
The Walt Disney Company responded to the nominations by Trian Fund Management, L.P. for the board of Disney. Today, Trian nominated both its CEO Nelson Peltz and also former Disney CEO Jay Rasulo to be on Disney’s board. “As Disney’s largest active shareholder, we can no longer sit idly by as the incumbent directors and…
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Disney CEO Bob Iger Sends Holiday Message to D23 Members
Bob Iger, CEO of The Walt Disney Company, sent a holiday message to D23 members. The message includes thanks for to these “dedicated” fans and also shares that while Disney concludes its celebration of its 100th anniversary, there is more to look forward to. The full message can be read below. Dear “Mr. Daps” We…
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Attorneys for Governor Ron DeSantis Ask Federal Judge to Dismiss Disney’s Free-Speech Lawsuit
Attorneys for Florida Governor Ron DeSantis are asking a federal judge to dismiss a free-speech lawsuit that was brought against it by The Walt Disney Company. The lawsuit was filed after Governor DeSantis and the Florida state legislature dissolved the former Reedy Creek Improvement District and replaced with the Central Florida Tourism Oversight District. The…
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‘Disney 100: A Century of Dreams’ to Air on ABC on Thursday, December 14, 2023
Disney 100: A Century of Dreams – A Special Edition of 20/20 will be airing on ABC to commemorate the 100th anniversary of The Walt Disney Company. This documentary will take viewers on a magical journey that began in 1923. It will feature a century of stories and experience that will touch the hearts of…
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The Walt Disney Company Declares Cash Dividend of $0.30 Per Share
The Walt Disney Company (NYSE: DIS) Board of Directors today announced a cash dividend of $0.30 per share in respect of the second half of fiscal year 2023, payable January 10, 2024 to shareholders of record at the close of business on December 11, 2023. “This has been a year of important progress for The…
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Disney Releases Statement in Response to Nelson Peltz and Board of Directors
The Walt Disney Company has released a statement in response to a statement that was released by Nelson Peltz, a founding partner of Trian. This was in regards to the the company as a whole and also its Board of Directors. This comes as Peltz continues to make moves to get two seats on Disney’s…
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The Walt Disney Company Board Appoints Morgan Stanley’s James P. Gorman And Veteran Media Executive Sir Jeremy Darroch As New Directors
BURBANK, Calif., November 29, 2023 – The Walt Disney Company (NYSE: DIS) Board of Directors has appointed James P. Gorman, Chairman and Chief Executive Officer of Morgan Stanley, and Sir Jeremy Darroch, a veteran media executive and former Group Chief Executive of Sky, as new directors. Darroch’s appointment is effective January 9, 2024, and Gorman’s…
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Disney to Host Company-Wide Town Hall
The Walt Disney Company will be hosting a company-wide town hall on November 28, 2023. According to an internal memo by Disney CEO Bob Iger, the meeting will discuss future projects. This meeting comes one year after Bob Iger hosted a company-wide meeting one year ago after returning to the role of CEO. The meeting…
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How ‘Steamboat Willie’ Debuted Mickey Mouse’s ‘Everyman’ Popularity 95 Years Ago
95 years ago this weekend, a rambunctious animated mouse set sail, becoming one of the most recognizable and beloved icons in history. That mouse—as you probably have guessed—was named Mickey and on November 18, 1928, the character—alongside his partner Minnie—debuted in the touchstone animated short, Steamboat Willie. Since then, Mickey Mouse and The Walt Disney Company…
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Disney Supports Next Generation of Military Veteran Leaders with $1 Million Donation to Student Veterans of America
The Walt Disney Company today announced a $1 million donation to Student Veterans of America (SVA) as part of its commitment to helping veterans find meaningful careers following their military service. With this donation, Disney becomes the founding sponsor of the upcoming SVA Career Center, which will empower veterans with the tools and guidance they need to…
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Disney Looks at Possibility of Licensing Content to Netflix
Disney is looking at licensing content to Netflix, Disney CEO Bob Iger has shared. In a recent earnings call, Iger shared that Disney is exploring a relationship with Netflix that could see different Disney titles on the competitor’s streaming service. However, not all titles from the House of Mouse would be ending up on Netflix.…
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Disney and TikTok Partnership Results in Millions of New Followers and Billions of #Disney100 Views
On Monday, October 16, Disney and TikTok launched a brand-new partnership with the unveiling of the Disney100 hub—a first-of-its-kind experience featuring exclusive content, a series of interactive Disney-themed challenges and games, and exclusive music and sounds. Additionally, Disney joined TikTok’s Pulse Premiere advertising offering. In just few weeks, there has been incredible engagement across Disney brands like ESPN, and on…