The Walt Disney Company Articles and News Stories
Auction Could Complicate Sky Purchase for Disney, Comcast
Another day, another complication in a Walt Disney Company/Comcast buyout competition. The most recent battle between the two entertainment giants has revolved around the purchase of the British pay-TV broadcasting company Sky, and the ongoing bidding war may end in an auction that could make things tricky for both American companies, according to a recent … Auction Could Complicate Sky Purchase for Disney, Comcast
Date Set for European Regulators to Approve Disney and Fox Deal
According to The Hollywood Reporter, October 19 has been set as the deadline for European antitrust regulators to determine whether they will approve The Walt Disney Company’s planned acquisition of 21st Century Fox. In June, Disney offered to acquire 21st Century Fox for $71.3 billion dollars. The European Commission will either approve of the deal … Date Set for European Regulators to Approve Disney and Fox Deal
Disney Lays Off Consumer Products Employees Ahead Of Fox Acquisition
During Disney’s 3rd quarter earnings report, CEO Bob Iger mentioned that the acquisition of major Fox properties would call for a reshuffle in certain departments of the company. The Consumer Products and Interactive Media Segment is experiencing growing pains with this partial merger as employees as far up as VP’s were laid off on Thursday. … Disney Lays Off Consumer Products Employees Ahead Of Fox Acquisition
Disney Tops Forbes’ List of the World’s Best Regarded Companies
This year The Walt Disney Company earned the number one spot on Forbes’ list of the World’s Best Regarded Companies. This moves Disney up four spots from 2017 when they were ranked number 5. Forbes hired Statista to manage the survey which asked people “how they perceive companies’ trustworthiness, social conduct, performance of their products or … Disney Tops Forbes’ List of the World’s Best Regarded Companies
Disney Launches Full Tuition Program for Cast Members
At the beginning of the year, The Walt Disney Company announced that they would be making a $50 million investment into a new education program for their cast members. The Walt Disney Company has officially announced the program will be named Disney Aspire. This new program will be a 100 percent tuition-paid education investment program … Disney Launches Full Tuition Program for Cast Members
D23 to Stream Ceremony as Walt Disney Studios Renames Soundstage for the Sherman Brothers
This afternoon, The Walt Disney Company will hold a ceremony to dedicate Soundstage A at the Walt Disney Studios in Burbank to the Sherman Brothers. Robert B. Sherman and Richard M. Sherman wrote music for Mary Poppins, The Jungle Book, Bedknobs and Broomsticks, The Aristocats, The Many Adventures of Winnie the Pooh and more. The … D23 to Stream Ceremony as Walt Disney Studios Renames Soundstage for the Sherman Brothers
Disney Wants to Be Dropped from Harvey Weinstein Lawsuit
According to the Hollywood Reporter, The Walt Disney Company, which once owned Harvey Weinstein’s film studio Miramax Film, want to be “dismissed from a putative class action brought by alleged victims” of Mr. Weinstein. Disney argues that they should not be liable in this case, but the women suing believe the company “should be held … Disney Wants to Be Dropped from Harvey Weinstein Lawsuit
Disney and 21st Century Fox Stockholders Approve Acquisition
Today, on July 27, The Walt Disney Company and Twenty-First Century Fox announced that their stockholders have approved of Disney’s acquisition of Twenty-First Century Fox. The two companies set a special meeting today in Manhattan, which reportedly only lasted 12 minutes. The Walt Disney Company’s acquisition of Twenty-First Century Fox cost the company $71.3-billion in … Disney and 21st Century Fox Stockholders Approve Acquisition
New Toys from Ukrainian Start-Up Are Coming to Disney Parks
The Walt Disney Company signed a deal with UGears, a Ukrainian start-up toy manufacturer, which will be producing wooden mechanical models for the Disney theme parks in the US. UGears produces wooden self-propelled toys that require no batteries and can be built without glue or tools. Signing the deal between Disney and UGears took about … New Toys from Ukrainian Start-Up Are Coming to Disney Parks
21st Century Fox Outbids Comcast to Acquire Remainder of Sky
21st Century Fox has just increased their bid to obtain the 61% stake of Sky that they don’t already own. 21st Century Fox and Sky have announced that they’ve reached agreement on an increased recommended pre-conditional cash offer for the fully diluted share capital of Sky which they do not already own at a price … 21st Century Fox Outbids Comcast to Acquire Remainder of Sky
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