Tag: The Walt Disney Company
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The Walt Disney Company To Webcast Its Annual Meeting Of Shareholders
BURBANK, Calif., March 27, 2023 – The annual meeting of shareholders of The Walt Disney Company (NYSE: DIS), including remarks by management regarding the Company, will be available live via webcast at www.disney.com/investors beginning at 1:00 p.m. ET/ 10:00 a.m. PT on April 3, 2023. The webcast presentation will be archived.
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Disney CEO Bob Iger Emails Employees As Layoffs Begin
Disney CEO Bob Iger has sent an email out to employees today sharing that layoffs will be starting this week. This comes as the company is undergoing substantial cost cutting across the board, including the reduction of 7,000 jobs. Disney is looking to save $5.5 billion. In the email Iger shared that this week Disney…
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Sonia Coleman Named Chief Human Resources Officer Of The Walt Disney Company
BURBANK, Calif., March 13, 2023 – Sonia Coleman has been named Senior Executive Vice President and Chief Human Resources Officer of The Walt Disney Company, effective April 8, it was announced today by Robert A. Iger, Chief Executive Officer. Coleman, who most recently has served as Senior Vice President, Human Resources for Disney Entertainment and…
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Funko Pop! Disney: Disney 100 – Oswald The Lucky Rabbit with Chase Available for Pre-Order
As The Walt Disney Company continues to celebrate its 100th anniversary, more Disney100 merchandise continues to be released. New items are regularly arriving on shopDisney and also on Amazon. Some of these items are available fore pre-order, including a new Funko Pop! Disney: Disney 100 – Oswald The Lucky Rabbit with Chase. This Oswald the…
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The Walt Disney Company CEO Bob Iger To Participate In The Morgan Stanley Technology, Media And Telecom Conference
BURBANK, Calif., March 1, 2023 – Bob Iger, Chief Executive Officer, The Walt Disney Company (NYSE: DIS), will participate in a question-and-answer session at the Morgan Stanley Technology, Media and Telecom Conference on Thursday, March 9, 2023 at approximately 12:45 p.m. ET/ 9:45 a.m. PT. To stream live, please visit www.disney.com/investors. A recording of the question-and-answer…
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Disney Named Among Most Innovative Companies by Fast Company
Fast Company today named The Walt Disney Company to its World’s Most Innovative Companies list, an annual ranking that this year recognizes 540 organizations across 54 sectors and regions. The Walt Disney Company was ranked at No. 2 within the television and film industry and No. 25 on the World’s 50 Most Innovative Companies. In detailing the…
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CITIZEN’s Disney100 Collection Expands As 100th Anniversary of The Walt Disney Company Celebration Continues
Today CITIZEN announced the expansion of its Disney100 Collection. This comes as The Walt Disney Company continues its celebration of 100 years of wonder. Previously CITIZEN announced the release of their Steamboat Willie timepiece to commemorate the 1920s and Donald Duck watch for the 1930s. Now they are adding to it the Sorcerer’s Apprentice Mickey timepiece. This beautiful watch…
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Disney Passes $1 Billion at the 2023 Global Box Office
Disney passed the $1 billion mark at the global box office over the weekend thanks to the contributions mainly of Ant-Man and The Wasp: Quantumania and also Avatar: The Way of Water. Just six weeks into the new year, Disney has already garnered $1.283 billion at the global box office. This is a milestone that…
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The Walt Disney Company Selected by Chapman University as a Top Employer of 2023
For its fifth consecutive year, The Walt Disney Company was recently selected as one of Chapman University’s Top Employers of 2023. The company was recognized for its ongoing commitment to higher education, and for its high-impact participation in recruiting activities and continued industry partnership and engagement. Chapman University alumni and students can be found throughout…
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Disney CEO Bob Iger Shows Openness to Selling Hulu
One of the big questions surrounding the future of streaming is what will Disney do with Hulu? Next year there is a deadline for Disney to buy the remaining stake from Comcast or sell the streaming service. After the first earnings call that Bob Iger held since his return as CEO to Disney, he sat…
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Disney Releases More Details on Restructuring Including Creative Control and Accountability
One day after announcing its restructuring, The Walt Disney Company is sharing more information about how that will exactly be implemented. In a lengthy release, Disney shared what the individual segments will be and who will be leading them. There are also biographies about the new heads of the segments. Along with restructuring the company,…
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Rebecca Campbell, Chairman, International Content and Operations and Former Disneyland Resort President is Leaving Disney
Rebecca Campbell, Chairman, International Content and Operations and former Disneyland Resort president is leaving The Walt Disney Company. The executive announced her decision to leave after the restructuring that was announced for Disney during its recent earnings report. Campbell will stay through June to help with the transition. With Campbell’s departure, head of streaming Michael…
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Disney Releases Statement on Nelson Peltz Dropping Proxy Fight
The Walt Disney Company has released a statement in response to Nelson Peltz dropping his proxy fight. The change by Peltz came after Disney CEO Bob Iger announced that he had restructured Disney during an earnings call. The restructuring has Disney divided into three main segments: The company also announced that it would be cutting…
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Nelson Peltz Drops Proxy Fight with Disney
Activist investor Nelson Peltz has dropped his proxy fight with The Walt Disney Company. A day after Disney CEO Bob Iger announced a new structure for the company. “The proxy fight is over,” said Peltz to Jim Cramer on CNBC’s Squawk on the Street. “Now Disney plans to do everything we wanted them to do,”…
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The Walt Disney Company Reports First Quarter Earnings for Fiscal 2023
BURBANK, Calif.–The Walt Disney Company (NYSE: DIS) today reported earnings for its first quarter ended December 31, 2022. “After a solid first quarter, we are embarking on a significant transformation, one that will maximize the potential of our world-class creative teams and our unparalleled brands and franchises,” said Robert A. Iger, Chief Executive Officer, The…
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LIVEBLOG: The Walt Disney Company First Quarter 2023 Financial Results
On February 8, 2023 at 4:30 p.m. ET / 1:30 p.m. PT The Walt Disney Company discusses their fiscal first quarter 2023 financial results. Follow along as the Daps Magic team provides live updates on this financial call here: This fiscal results call is the first to be hosted by Bob Iger since he returned…
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Disney Remains Most-Admired Media and Entertainment Company
For the 20th consecutive year, The Walt Disney Company has been recognized as the top-ranked media and entertainment company on Fortune’s annual list of the “World’s Most Admired Companies,” released online today and in the magazine’s February/March issue. Disney ranked No. 6 overall among the 324 listed companies from across the globe. Disney earned top marks…
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Disney Parks to Livestream from Disneyland Resort on Friday as Part of Disney100 Celebration Kickoff
On Friday, January 27, 2023, the Disneyland Resort will begin its celebration of the 100th anniversary of The Walt Disney Company. The Disney100 celebration will have plenty of magical things to experience for guests visiting the Disneyland Resort. This will include the new nighttime spectaculars Wondrous Journeys and World of Color – ONE and also…
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Explore Disney Animation’s Top-Secret Treasure Trove with Disney legend Don Hahn
Disney Legend Don Hahn has released a series of videos which he hosts and directs for Disney Drop-In. Over the course of two videos, Hahn gives a look at the Disney Animation Research Library. This is where Disney preserves over 60 million pieces of artwork from the history of Walt Disney Animation Studios so that…
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Mark G. Parker Named the New Chairman of the Board of The Walt Disney Company
The Walt Disney Company has announced a new Chairman of the Board. Mark G. Parker, the Executive Chairman of Nike, will be taking on the role and replacing the current Chairman of the Board Susan Parker. Along with becoming Chairman of the Board, Parker will also head up the Succession Planning Committee of the Board,…
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Angela Bassett Wins for ‘Black Panther: Wakanda Forever’ as The Walt Disney Company Wins 9 Golden Globe Awards
Last night The Walt Disney Company earned 9 Golden Globe Awards, this included a win by Angela Bassett for Best Performance by an Actress in a Supporting Role in Any Motion Picture in Black Panther: Wakanda Forever. At the 80th Golden Globe Awards, the wins came from across The Walt Disney Company. This includes wins…
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Here Are the Things to Look Forward to in 2023 from Disney and Disney100
2023 is going to be a big year for The Walt Disney Company. This year, Disney will be celebrating the 100th anniversary of the company. With this milestone, the company will be offering some special celebrations throughout the year. However, that isn’t the only thing that is exciting this year! There are new movies, series,…
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Disney Recommends Shareholders Reject Mini-Tender Offer By TRC Capital Investment
BURBANK, Calif., December 30, 2022 – The Walt Disney Company (NYSE: DIS) recently became aware that TRC Capital Investment Corp. (TRC) has made an unsolicited mini-tender offer to purchase up to 1,500,000 shares of Disney common stock, and, per a press release issued by TRC on December 28, 2022 (the TRC Press Release), has amended…
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The Walt Disney Company Releases Statement on the Passing of Barbara Walters
Barbara Walters passed away at the age of 93. The legendary journalist broke many barriers in journalism and became an icon in the industry. The passing was announced by Disney CEO Bob Iger on Twitter earlier this evening. In the tweet, Iger said, “Barbara was a true legend, a pioneer not just for women in…