Today is “D Day” for hundreds of executives throughout The Walt Disney Company’s east coast and west coast divisions that support the parks and resorts (including Imagineering). Today’s the day they have to decide if they’ll take a severance package or risk future layoffs with… Read More »D-Day for Disney Park Executives, Layoff or Severance?
The Walt Disney Company shared results from its first quarter (actually 4th quarter 08 calendar speaking) and profits dropped 32 percent. That and some other shaky news has caused shares to slide which has me itching to do one thing. Buy some Disney stock. Alas,… Read More »Disney posts drop in profits, gloomy outlook looms
It’s not that synergy was no longer working for the Walt Disney Company, but something was wrong with the model that had developed. It didn’t make sense to try and tie every division of the Mouse House together with every major vehicle. Consumers were wising… Read More »Bob Iger remakes Disney’s Business Model
An internal email sent from Disney CEO Bob Iger reveals that The Walt Disney Compnay will be merging its digital media group with its video gaming division to create a new unit called Disney Interactive Media Group. Walt Disney Internet Group currently manages Club Penguin… Read More »Disney to Combine Digital Media Group with Video Gaming Division
The venerable magazine from across the pond, The Economist, gives Bob Iger’s reign as king of the Magic Kingdom high marks. Just four years ago the Walt Disney Company was in turmoil following the the second half of Michael Eisner’s turn on the throne. The… Read More »Magic Restored: The Economist on Disney
Walt Disney Co. President Bob Iger spoke at the Goldman Sachs Communacopia Conference today. Iger started by addressing the many emerging markets for Disney. “We see a great increase in media consumption on a global basis,” he said, pointing out the obvious positive effect this would have on the entertainment giant. “We believe the internet… Read More »Bob Iger at Goldman Sachs Communacopia Conference
Predictably, the cinema companies are not so hot on Comcast’s idea of premiering movies on their cable system simultaneous to their cinema premieres. More surprisingly, though, Disney CEO Bob Iger, who has speculated about multi-platform releases before, expressed opposition to the idea, and now Viacom (Paramount, Dreamworks, MTV, etc.) has also expressed opposition. Viacom Inc.… Read More »Update on Comcast’s Idea to Deliver New Movies Along With Cinemas
Over at LaughingPlace.com there are some additional details on the newly finalized contract for two new Disney Cruise Line ships. Similar to the original Disney Cruise Line ships, the new ships will be modern interpretations of classic ocean liners of the 1930s. Disney Imagineers drew their inspiration from the original trans-Atlantic ships that featured a… Read More »Disney finalizes contracts for two new cruise ships