Rumors of layoffs at the Walt Disney Studios has hit the main stream media today. News of declining DVD and Home Video sales had already forced Disney to merge Home Distribution into Theatrical Distribution, but changing times call for changing business models. Around 250 employees… Read More »Decline in DVD Sales Could Lead to Layoffs at Walt Disney Studios
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?
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
Apparently all that lobbying money and fundraiser donations to political candidates isn’t doing much to help Walt Disney World. The US Embassy denied a travel visa to a 9-year old boy in Britain whose grand parents wanted to take him on a surprise trip to… Read More »US policies denying 9-year old Britons from visiting Disney World
Yesterday, on Walt Disney’s 109th birthday, The Walt Disney Company made an announcement fitting the legacy of a man who found joy by bringing entertainment to the masses. Disney has passed a major social media milestone as it has reached an audience of one hundred… Read More »Disney passes huge Facebook milestone – 100 million fans
A friend recently pointed out to me that there’s an interesting milestone coming up for the Walt Disney Company. On February 14th of this year, the Walt Disney Company will have operated longer without Walt Disney than it did with him (the company having been… Read More »Major Disney Milestone Coming Up
When it times of tough economics, the nations television viewing habits turn toward the sit-com. The Cosby Show, Roseanne, and others got their start by riffing on the American family dealing with daily situations. ABC seems to have hit about the formula that works for… Read More »Modern Family gathers accolades for Disney