Tag: Walt Disney Company
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Tony Chambers Named Head of Disney’s Global Theatrical Distribution
Tony Chambers has been named the new head of Disney’s Global Theatrical Distribution. Chambers, who has been with Disney for over two decades, takes over the role from Cathleen Taff. Taff served as head of global film distribution since 2018. Taff still remains with Disney as the president of production services, franchise management and multicultural…
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Bob Chapek, CEO – Top 5 Good News Disney Stories of 2020 – #2
We’re close to the end of the top 5 list and this one has some parts to it (as others do if you’ve been following along). This story could have been at the top, but there has been one more thing to top off the whole list. And this has been good news for the…
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Disney Legend Ruthie Tompson Celebrates Her 110th Birthday
Ruthie Tompson, a longtime Disney animation supervisor and now the oldest resident at the Motion Picture & Television Fund’s Country House and Hospital, turns 110 today. She’s celebrating by attempting to raise $110,000 in support of a postproduction suite at the Woodland Hills campus’ in-house television and video facility, where she and other retirees have…
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Disney CEO Bob Chapek Remains Confident in Reopening Plan for Walt Disney World
Disney CEO Bob Chapek appeared on Bloomberg TV from Magic Kingdom Park earlier today with Emily Chang and David Westin to talk about the reopening of the Walt Disney World theme parks. Emily Chang asked Chapek what makes him feel confident about the safety of the proposed plan, as well as the reaction from officials.…
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Disney Furloughs Go Into Effect for 100,000 Employees
Today marks the start of furloughs for employees of The Walt Disney Company. These furloughs include over 100,000 employees. This is about half of Disney’s employees. This drastic action to cut costs for The Walt Disney Company is said to save approximately $500 million per month. This comes five weeks after all of its theme…
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Bob’s Back? – GEEKS CORNER – Episode 1028 (#499)
Welcome to another episode of GEEKS CORNER! This week, the geeks talk about the return of Bob Iger as an active leader of The Walt Disney Company. They also talk about what that means for the company and also Bob Chapek’s role and perception. Over at the Disneyland Resort, Avengers Campus is no longer opening…
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Disney to Furlough Non-Necessary Employees Starting April 19
Starting on April 19th, Disney will furlough employees with jobs that “aren’t necessary.” This will come after five weeks of compensation for Disney cast members despite many of the Disney businesses being shut down due to the coronavirus. The announcement came via a statement that was released by Disney today. This comes after Disney announced…
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Shareholders Elect Nine Directors at The Walt Disney Company Annual Meeting
RALEIGH, N.C., March 11, 2020 – Shareholders of The Walt Disney Company (NYSE:DIS) re-elected all nine members of the Board of Directors at the 2020 Annual Meeting held today at the Duke Energy Center for the Performing Arts in Raleigh, North Carolina. Based on preliminary results, all Disney Directors standing for election were elected to the…
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Disney Announces Closure of Disneyland, Walt Disney World, and Disneyland Paris Resorts
Today The Walt Disney Company announced the closure of multiple Disney resorts due to the coronavirus outbreak. The news began with the announcement that the Disneyland Resort will be closing the gates to its parks starting on March 14th. The hotels at the Disneyland Resort will be closing two days later on March 16th. Later…
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Disney CEO Bob Iger Departs Apple’s Board of Directors
On Friday Apple announced details on its upcoming streaming service, Apple TV+. On the same day, CEO of the Walt Disney Company Bob Iger announced his departure from the board of directors of Apple. This is due to the competitive nature of each company’s streaming services. “I have the utmost respect for Tim Cook, his…
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The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2019
BURBANK, Calif.–The Walt Disney Company (NYSE: DIS) today reported quarterly earnings for its third fiscal quarter ended June 29, 2019. Diluted earnings per share (EPS) from continuing operations for the quarter decreased 59% to $0.79 from $1.95 in the prior-year quarter. Excluding certain items affecting comparability(1), EPS for the quarter decreased 28% to $1.35 from…
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Disney Garners Perfect Score on Disability Equality Index
The Walt Disney Company scored a perfect 100 percent on the 2019 Disability Equality Index (DEI) and has been recognized as one of the Best Places to Work for Disability Inclusion. The annual benchmarking index is a joint initiative of Disability:IN and the American Association of People with Disabilities. Disability:IN is the leading nonprofit resource…
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The Walt Disney Company Announces Semi-Annual Cash Dividend of $0.88 per Share
BURBANK, Calif., June 26, 2019 – The Walt Disney Company (NYSE: DIS) Board of Directors today announced a semi-annual cash dividend of $0.88 per share, payable on July 25, 2019 to shareholders of record at the close of business on July 8, 2019. “We are pleased to deliver another substantial dividend to shareholders, reflecting our…
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‘Toy Story 4’ Stars Help Kick Off Annual Disney Toy Delivery Program Supporting Children’s Hospitals
This weekend, actors Tim Allen and Tom Hanks helped The Walt Disney Company kick off its annual Disney Toy Delivery—a part of the Disney Team of Heroes philanthropic initiative—at AdventHealth for Children in Orlando, Florida. During the special visit, Allen and Hanks, who, respectively, lend their voices to Buzz Lightyear and Woody in the upcoming…
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The Walt Disney Company’s Live-Action “Chip ‘n Dale: Rescue Rangers” Gets a Director in Lonely Island’s Akiva Schaffer
As Disney continues to move forward with films, we see new imaginings of old stories. With Beauty and the Beast behind us and Lion King ahead of us, we are excited to see stories that we know and love come to a new generation in an exciting new way. Now, we are excited to see…
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Alan Bergman Upped, Alan Horn Expands Role at The Walt Disney Studios
Robert A. Iger, Chairman and Chief Executive Officer of The Walt Disney Company, and Alan Horn, Chairman of The Walt Disney Studios, have announced that Walt Disney Studios President Alan Bergman has been elevated to Co-Chairman of the Studio Entertainment division. He will serve alongside Horn, while Horn will assume the additional title of Chief…
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Disney Announces Opening Dates for Star Wars: Galaxy’s Edge
Today, the opening dates for Star Wars: Galaxy’s Edge were announced at the annual meeting for The Walt Disney Company shareholders. The announcement has been highly anticipated and dates speculated about. Star Wars: Galaxy’s Edge will be opening at the Disneyland Resort on May 31, 2019, at Disneyland. For Disney’s Hollywood Studios at the Walt…
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Time to Celebrate! – DISNEY Reporter
Welcome to another edition of DISNEY Reporter! This week Mr. DAPs reports on location at Knott’s Berry Farm while covering the Knott’s Peanuts Celebration as a hosted guest. This week’s news revolves mainly around the Disney Parks with the return of Mickey’s Soundsational and the Lunar New Year celebration to the Disneyland Resort. The Disneyland…
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New Disney Streaming Service to Be Called Disney+ Bob Iger Confirms on Earnings Call
Walt Disney Company Chairman and CEO Bob Iger announced that the name of Disney’s streaming service will be Disney+. The news came during an earnings audio webcast that shared Disney’s fiscal full year and fourth quarter 2018 financial results. Disney+ is scheduled to launch in the United States sometime late in 2019. The name of…
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2018 Disney Accelerator Demo Day Spotlights New Ways for Consumers to Connect
Connection is at the heart of the Disney Accelerator program, which provides a select group of start-up companies access to all the creativity, imagination and expertise of The Walt Disney Company and its businesses. Leaders from across the worlds of Disney lend their mentorship and support to these growing companies and enable them to reach…
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Diamonds in the Rough – DISNEY Reporter
Welcome to the DISNEY Reporter! This week there is a lot of news surrounding the Disneyland Resort to start things off. This begins with the end of the road for the development of a luxury hotel. The Anaheim city attorney has also made a determination about the eligibility of the upcoming Measure L to the…
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Disney Cancels Plans for Proposed Disneyland Resort Luxury Hotel in Anaheim Due to Loss of Tax Break
Disney has canceled its plans to build a new luxury hotel at the Disneyland Resort. The news comes after the elimination of a tax break by the city of Anaheim which would have saved Disney $267 million over the course of 20 years. This hotel’s cancellation highlights the tensions that have been simmering between Disney and…
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Disney Launches #DreamBigPrincess Global Video Series Ahead of International Day of the Girl
Today Disney launched the #DreamBigPrincess series which features trailblazing women across technology, entertainment, medicine, law, sports, arts, science, fashion, and politics. This includes Lucasfilm President Kathleen Kennedy and entrepreneur Jo Malone CBE to Good Morning America anchor Robin Roberts and Golden Globe® Award-winning actress Emily Blunt. There is also a Canadian member of Parliament, a Chilean astronomer, an award-winning chef…
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Kathleen Kennedy on Board to Pilot Lucasfilm into Another Galaxy Far Far Away for Another Three Years
Kathleen Kennedy will be continuing on as the president of Lucasfilm for another three years. The Walt Disney Company has extended the relationship with Kennedy in a move that is seen as a vote of confidence. Kennedy was brought in to lead Lucasfilm after Disney purchased it from George Lucas in 2012. Since then she…