The Walt Disney Company Articles and News Stories
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
Bob Iger Retakes Some CEO Duties During a ‘Crisis of This Magnitude’
According to the New York Times, less than two months after stepping down and handing over the reins of The Walt Disney Company to Bob Chapek, former CEO Bob Iger has stepped back in to some of those duties. That article says that, “Mr. Iger has effectively returned to running the company. After a few … Bob Iger Retakes Some CEO Duties During a ‘Crisis of This Magnitude’
Disney Parks Donates 150K Ponchos & 100K N-95 Masks to Hospitals in Need
The theme parks and Resort hotels at both Disneyland and Walt Disney World have been closed since the middle of March and ever since then, Disney Parks has provided nearly $3M in in-kind donations benefitting communities around the world. From donating excess food from the theme parks to offering a special promotion to guests whose … Disney Parks Donates 150K Ponchos & 100K N-95 Masks to Hospitals in Need
Disney Names Bob Chapek New CEO, Replacing Bob Iger Immediately
The Walt Disney Company just announced that Bob Chapek will replace Bob Iger as Chief Executive Office effective immediately. Chapek had been the Chairman of Disney Parks, Experiences, and Products, and is a 27-year veteran of the company. Iger will become the Executive Chairman until his current contract expires at the end of 2021, providing … Disney Names Bob Chapek New CEO, Replacing Bob Iger Immediately
My Hopes for Walt Disney World in 2020
With a new year and a new decade recently begun, I thought it’d be apt to talk about hopes for the coming year. It’s an important year for Disney as a whole given the recent launch of Disney+, and, following the conclusion of recent film arcs, whether or not they can keep the magic of the … My Hopes for Walt Disney World in 2020
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