After a long period of bidding and negotiations, Disney has finally received a non-refundable deposit of $40 million from an investor group that wants to buy Miramax Studios. The final price is $660 million, or about 8 times the original investment from Disney for the… Read More »Disney finally sells Miramax, almost
Stephen McPherson who came to ABC in 2004 and is credited with leading the network to great ratings and excellent TV programs (like LOST and Modern Family) has abruptly resigned from the Walt Disney Company. This comes on the eve of ABC’s presentation of its… Read More »ABC’s chief departs just before fall slate is announced
Reports from Hollywood are that Disney has sold it’s art house studio Miramax to a consortium of investors for $675 million. TheWrap.com had the scoop, although Disney refuses to confirm the report. This ends a long strange chapter for Disney that found the family entertainment… Read More »Disney unloads Miramax for $675 million
I haven’t been giving this much ink here, but for the last 6 years there has been a trial underway questioning ABC/Disney’s management of the ‘Who Wants to be a Millionaire’ TV game show and how much of the profits they had to pay its… Read More »Who Wants to Be A Millionaire Trial goes to Jury
Disneyland Resort, Walt Disney World Resort, Disney Cruise Line, Disneyland Resort Paris, and Hong Kong Disneyland have released their individual 2009 Community Reports that provides a snapshot of eaches corporate responsibility efforts. The report outlines outreach efforts and contributions of the parks and their cast… Read More »Disney Parks Community Reports released
When the Walt Disney Company purchased Marvel Entertainment, they acquired a lot more more than just the 5,000 characters in Marvel’s stable, they also found a slate of lawsuits hiding under that rock. Not only will Disney likely end up suing some of the other… Read More »Behind the Kirby Heirs Lawsuit against Disney/Marvel
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
The closing of the only Disney Store in Vancouver, BC has raised the ire of Disney fans in the area and generated a petition to keep it open. According to numerous Internet posts, the store is set to close on Saturday, Jan. 23, or earlier… Read More »Disney Store closing only store in Vancouver