The Walt Disney Company Articles and News Stories
The Walt Disney Company Donates $5 Million to the Notre-Dame Cathedral Rebuild
On Monday, April 15, the world watched as the Notre-Dame Cathedral was heartbreakingly on fire. Sadly, the fire destroyed much of the roof and the spire that sat atop the cathedral. This was a major historical loss as the cathedral was completed in 1345. To help with the rebuild of the Notre-Dame Cathedral, The Walt … The Walt Disney Company Donates $5 Million to the Notre-Dame Cathedral Rebuild
CEO Bob Iger & the Cast of ‘Avengers: Endgame’ Celebrate $5 Million Donation to Children’s Hospitals
Today, the cast of Avengers: Endgame visited Disney California Adventure to celebrate the launch of Avengers Universe Unites, a new charity event that supports Disney Team of Heroes. Through Disney Team of Heroes, The Walt Disney Company delivers comfort and inspiration to seriously ill children. Disney CEO Bob Iger was joined by Robert Downey Jr., … CEO Bob Iger & the Cast of ‘Avengers: Endgame’ Celebrate $5 Million Donation to Children’s Hospitals
Disney’s Acquisition of Fox is Now Complete and Will Take Effect March 20
21st Century Fox and The Walt Disney Company have issued press releases which confirm that Disney’s acquisition of Fox is now finalized and becomes effective at 12:02 a.m. Eastern Time on March 20, 2019. Follow the links below to read the full press releases. Sources: Disney and 21st CF
Disney’s Acquisition of 21st Century Fox Set to Close March 20
After a long road of negotiating for approval at home and abroad, The Walt Disney Company is finally set to complete its $71.3 billion acquisition of 21st Century Fox properties and begin the transition process. A joint statement by TWDC and Fox was released this morning which sets the timing for the historic deal’s closure … Disney’s Acquisition of 21st Century Fox Set to Close March 20
Star Wars: Galaxy’s Edge Opening Dates and More in TWDC Shareholder Meeting
The Walt Disney Company’s 2019 annual shareholder meeting has concluded, and although the largest announcement to come from the function was an expected one, that doesn’t diminish the impact that it will have on Disney Parks fans and prospective vacation planners. Opening dates for Star Wars: Galaxy’s Edge in both the Disneyland and Walt Disney … Star Wars: Galaxy’s Edge Opening Dates and More in TWDC Shareholder Meeting
Disney Reduces Bob Iger’s Pay/Potential Bonuses By $13.5 Million
The Walt Disney Company has once again amended the possible yearly take-home of CEO Bob Iger. The announcement comes in advance of a company shareholders meeting on March 7th and the acquisition of 21st Century Fox properties which is expected by many to conclude in the near future. Here are the significant changes for Iger … Disney Reduces Bob Iger’s Pay/Potential Bonuses By $13.5 Million
Disney Looks to Acquire Another 10% Hulu Stake from WarnerMedia
The Walt Disney Company is “in active discussions” with AT&T regarding WarnerMedia’s 10% ownership share in Hulu, according to a report from Variety. Disney currently own a 30% stake in the streaming platform; Fox and Comcast/NBCUniversal both own 30%, and the last 10% belongs to WarnerMedia. That is all about to change, as Disney is … Disney Looks to Acquire Another 10% Hulu Stake from WarnerMedia
Brazil Approves Disney-Fox Deal, Mexico Likely to Follow
Disney’s long road to the acquisition of 21st Century Fox properties could be nearing its end. After a 5-to-1 vote yesterday, Brazil’s antitrust regulatory agency Cade has given the Disney-Fox merger the go-ahead. As was expected, this approval did not come without stipulations. Brazil’s worries, and they are not the first to address this issue, … Brazil Approves Disney-Fox Deal, Mexico Likely to Follow
Walt Disney Archives Founder Dave Smith Has Passed Away at the Age of 78
Dave Smith, founder of the Walt Disney Archives and Disney Legend, has sadly passed away. Dave was hired in 1970 by Walt’s brother—and The Walt Disney Company co-founder—Roy O. Disney, and his first responsibility was cataloging every item inside Walt’s office suite, which had been left untouched after Walt’s passing four years prior. Thanks to … Walt Disney Archives Founder Dave Smith Has Passed Away at the Age of 78
Walt Disney Co. 1st Quarter Earnings Report Shows Flat Revenue and Lower Income
This afternoon, The Walt Disney Company released their earnings report for the 1st fiscal quarter of 2019 (ending December 29, 2018), showing revenues nearly flat and income down 36%. Chairman and CEO Bob Iger said in a statement, After a solid first quarter, with diluted EPS of $1.86, we look forward to the transformative year … Walt Disney Co. 1st Quarter Earnings Report Shows Flat Revenue and Lower Income
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