The Walt Disney Company Articles and News Stories
Disney-Fox Deal Could Finalize This Week
According to reports from CNBC and Variety Magazine, Disney and Fox could be striking a $60 billion deal as early as Thursday, December 14th. The Walt Disney Company would acquire Twenty-First Century Fox’s film and TV studios in this pact. While Disney would obtain major sports and entertainment assets, Fox would retain Fox News, the … Disney-Fox Deal Could Finalize This Week
Comcast No Longer Pursuing Purchase of Twenty-First Century Fox Assets, Disney Continues Negotiations
While negotiations continue between Fox and the The Walt Disney Company, Reuters is reporting that Comcast has dropped its bid for assets of Twenty-First Century Fox. Comcast said in a statement, “When a set of assets like Fox’s becomes available, it is our responsibility to evaluate if there is a strategic fit that could benefit … Comcast No Longer Pursuing Purchase of Twenty-First Century Fox Assets, Disney Continues Negotiations
The Walt Disney Company Adds Two New Members to the Board
Effective February 1, The Walt Disney Company will welcome Safra Catz, chief executive of Oracle, and Francis A. deSouza, chief executive of Illumina, to its board of directors. It hasn’t been determined which committees the new members would serve on. They will join 12 other members, “including Facebook’s Sheryl Sandberg and Twitter’s Jack Dorsey.” The … The Walt Disney Company Adds Two New Members to the Board
Disney CEO Bob Iger Possibly Extending His Tenure Until 2021 or 2022
According to CNBC, Disney CEO Bob Iger will likely extend his stay in the company beyond the previously pledged timeframe of 2019. The reasoning behind the extension would be due to the possible deal of The Walt Disney Company buying Twenty-First Century Fox assets. If the deal goes through it is likely that Iger would … Disney CEO Bob Iger Possibly Extending His Tenure Until 2021 or 2022
Twenty-First Century Fox CEO Suggested as Replacement for Iger During Purchase Talks
The potential purchase deal between The Walt Disney Company and Twenty-First Century Fox just got even more interesting as Fox CEO James Murdoch is now being mentioned as a possible successor to Disney CEO Bog Iger. Earlier today, it was reported that the two companies are moving closer to a deal, with an agreement possible … Twenty-First Century Fox CEO Suggested as Replacement for Iger During Purchase Talks
Chairman of Walt Disney Parks and Resorts Bob Chapek Likely Successor to Bob Iger
According to a report by Bloomberg, Bob Chapek is now viewed among “people familiar with the company” as the likely successor to Disney CEO Bob Iger when he steps down in July of 2019. During Disney’s year-end fiscal reports on November 9, 2017, theme parks and resorts, the division which Chapek leads, was the only … Chairman of Walt Disney Parks and Resorts Bob Chapek Likely Successor to Bob Iger
Disney May Have Persuaded EA to Pull Star Wars Battlefront II Microtransactions
Electronic Arts (EA) has put a temporary stop to the in-game sale of virtual goods in its high-profile sequel to “Star Wars Battlefront” the night before the game’s launch. It’s being stated multiple online discussion forums that EA is bowing to pressure from the Walt Disney Company along with customers fearing that big spenders could … Disney May Have Persuaded EA to Pull Star Wars Battlefront II Microtransactions
Disney Lays Off More Than 145 People for Parks and Resorts Restructuring
The Walt Disney Company notified Parks and Resorts cast members today that they are laying off 0.1 percent of the division, which would equal out to more than 145 positions. The jobs have been cut as part of a restructuring program, and Disney is assisting the affected employees in finding other positions both within and … Disney Lays Off More Than 145 People for Parks and Resorts Restructuring
Disney’s 4th Quarter Report Shows Declines Everywhere but Parks and Resorts
The Walt Disney Company released their earnings report for the fourth quarter of their fiscal year on Thursday afternoon and, with the exception of their Parks and Resorts division, the company saw widespread declines in revenues and operating income. Here is how Disney fared overall, as compared to its performance in 2016’s fourth quarter as … Disney’s 4th Quarter Report Shows Declines Everywhere but Parks and Resorts
Hispanic Scholarship Fund Receives $1.5 Million Commitment from Disney
The Walt Disney Company has announced a $1.5 million commitment to the Hispanic Scholarship Fund (HSF). The HSF was established back in 2014 with a $1 million grant from Disney and continues to play an important part in the Company’s efforts to assist students from various backgrounds in their pursuit of their educational goals. Additionally, Disney’s collaboration … Hispanic Scholarship Fund Receives $1.5 Million Commitment from Disney
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