The Walt Disney Company Articles and News Stories
Disney+ Honored by the American Council of the Blind for Their Audio Description Tracks
Disney+ has received an award from the American Council of the Blind (ACB) for their commitment to adding audio description tracks to original programming. The ACB, which works to increase the independence, security, equality of opportunity and quality of life for blind and visually impaired people, honored Disney+ with the 2020 Achievement Award in Audio … Disney+ Honored by the American Council of the Blind for Their Audio Description Tracks
Disney Employees Create Video Featuring Their Stories of Racial Inequality
Today, Disney shared a powerful video put together by a group of employees sharing their personal stories of racial inequality in our country. Disney says that the video highlights the “need for greater understanding, unity and action.” Disney continues: “We believe that Black lives matter and that this message is one that everyone should hear. … Disney Employees Create Video Featuring Their Stories of Racial Inequality
Disney Pledges $5 Million to Organizations That Advance Social Justice, Including the NAACP
The Walt Disney Company has announced a new $5 million commitment to help nonprofit organizations that advance social justice, with the first $2 million going to the NAACP to support their advocacy and education programs. Disney Chief Executive Officer Bob Chapek said of the pledge that “it is critical that we stand together, speak out … Disney Pledges $5 Million to Organizations That Advance Social Justice, Including the NAACP
Disney Executives Address ‘Time of Unrest’ in a Message to Cast Members
The Walt Disney Company issued a message to Cast Members today addressing the current unrest in the country. The letter was signed by Disney CEO Bob Chapek, Chairman Bob Iger, and Chief Diversity Officer Latondra Newton. Here is the message, “Resolve in a Time of Unrest: A Message to Fellow Employees,” in its entirety: Dear … Disney Executives Address ‘Time of Unrest’ in a Message to Cast Members
The Walt Disney Company Planning Additional Debt Sale
It appears that The Walt Disney Company is looking to take on even more debt in an effort to raise additional cash. While an amount was not specified, the company filed a prospectus with the Securities and Exchange Commission for senior (or higher priority) notes that will mature between 2026 and 2060. UPDATE 05/12/20: The … The Walt Disney Company Planning Additional Debt Sale
The Walt Disney Company Issues Cautiously Optimistic Earnings Report for Quarter Ending March 31
Tuesday afternoon, The Walt Disney Company released their earnings report for the 2nd fiscal quarter of 2020 (ending March 31, 2020), showing revenue up 21%, but income down 37% over last year for the quarter. Diluted earnings per share decreased 63%. Chief Executive Officer Bob Chapek said in a written statement: While the COVID-19 pandemic … The Walt Disney Company Issues Cautiously Optimistic Earnings Report for Quarter Ending March 31
Dr. Jane Goodall Helps the Disney Conservation Fund Celebrate 25 Years
On Earth Day tomorrow, the Disney Conservation Fund marks 25 years of supporting organizations that work to save wildlife and protect the planet. As part of the celebration, noted conservationist Dr. Jane Goodall sent her well wishes. Goodall is also featured in a new documentary that premieres tomorrow, April 22. Jane Goodall: The Hope will … Dr. Jane Goodall Helps the Disney Conservation Fund Celebrate 25 Years
Disney Executive Chairman Bob Iger Named to California Economic Task Force
Bob Iger, Executive Chairman for The Walt Disney Company, has been named by California Governor Gavin Newsom to an 80-person task force that is being charged with developing economic strategies to aid in the recovery caused by the coronavirus pandemic. Iger is joined on the panel by several other well known executives, including Apple CEO … Disney Executive Chairman Bob Iger Named to California Economic Task Force
Bob Chapek Elected to The Walt Disney Company Board of Directors
The Walt Disney Company has added CEO Bob Chapek to its board of directors. In a joint statement, Susan Arnold, independent lead director of the board, and Bob Iger, Disney executive chairman, said: “Bob Chapek has demonstrated remarkable leadership in the face of unprecedented challenges that were unimaginable when he became CEO just seven weeks … Bob Chapek Elected to The Walt Disney Company Board of Directors
The Walt Disney Company Signs Additional $5 Billion Credit Agreement
In an attempt to strengthen their liquidity, The Walt Disney Company has entered into another credit agreement for $5 billion, which gives the company up to $13 billion in credit should it be needed. The 364-day credit agreement with Citibank matures April 9, 2021, but can be extended with approval from the lender. This is … The Walt Disney Company Signs Additional $5 Billion Credit Agreement
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