Yesterday the Walt Disney Company announced its second quarter profit report. (FYI, DIS FYE is October.) Yeah, profit declined a bit, 1.2%, for the whole company. But all in all revenue is up and expenses should be rising as the company attempts to restart its… Read More »Disney Announces 2nd Quarter Results
Marketwatch commentator Conor Sen makes an interesting proposal, Steve Jobs should take Apple’s massive cash holdings and purchase The Walt Disney Company. What should it buy? Increasingly, Apple is moving away from computing and toward the intersection of computing, communications, and media delivery. That’s Steve… Read More »Should Apple buy Disney?
While it is frequently mentioned as the most beautiful of the Disney theme parks, Disneyland Paris is also a financial mess. Overbuilt hotels at its launch and some poor planning over the years saddled it with a debt load it has never quite been able… Read More »Disneyland Paris looks for money for improvements
Both eyes if I can spare them. Well, things are beginning to slot into place for the growing relationship between Marvel and Disney that began in 2009. The movie contracts are beginning to play out with the end result building strong new franchises for the… Read More »An Eye on Marvel
The Walt Disney Company just released the 2010 Corporate Citizenship report. This is the second year Disney has released the publication that details Disney’s progress on environmental and social impacts, and includes the company’s first set of comprehensive citizenship commitments and goals, aligned around three… Read More »Disney Company releases 2010 Corporate Responsibility Report
The Walt Disney Company has had a presence in Japan almost 30 years and the animation products produced by Walt Disney have a huge following in Japan. So to say there is a lot of goodwill between the Disney legacy and the people of Japan is an understatement. It’s terrific to see the Disney company and its employees reach out to make a sizable donation to help the people of Japan in their time of emergency.
According the press release below, The Walt Disney Company and its employees will send as much as $1.5 million to the relief effort. $2.5 in an initial donation to the American Red Cross and up to another $1 million in employee donations and matching funds to the Red Cross and Save the Children. That’s a pretty sizable sum and a great gesture from Disney.
Additionally Disney has reached out to both US and international employees in Tokyo with help and the OLC will provide those international cast who desire it a round-trip ticket home and then back to Tokyo when the park opens again.
The full press release is below the jump:
Read More »The Walt Disney Company to Donate up to $3.5 Million to Japan Recovery Effort
The Walt Disney Company has just released an online report that highlight many of the companies accomplishments from 2010. Disney has compiled all the information about (almost) everything that’s happened around the company in the past year in an interactive website. There are stories about each of the different parts of the Company (Studios, ABC, Parks, etc), and each part of the Company also has photo galleries and videos that you can click through. Each of the story sections also contains a small bit of forecasting what to expect in the next few years.
It’s definitely a great place to waste a couple of hours. For those with only a few minutes, I’ve included the full copy of CEO Robert Iger’s letter to shareholders and cast members below the jump:
Back in July a jury told Disney they owed the creators of the Who Wants To Be A Millionaire concept $319 million. That’s a lot of phone-a-friends. This was seen as the biggest court statement against “Hollywood Accounting” that is famous for properties that rake… Read More »Judge to Disney: Pay up $319 Million for Millionaire lawsuit