The Walt Disney Company Articles and News Stories
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
Disney Plans to Begin Phase 1 of Flamingo Crossings Retail Space Development in 2018
The Walt Disney Company is set to begin work on a project that has been delayed since 2007; retail and restaurant space will be developed in Flamingo Crossings starting in 2018. Disney has plans to build and retain ownership of roughly 237,000 square feet of space located in the area west of S.R. 429. The … Disney Plans to Begin Phase 1 of Flamingo Crossings Retail Space Development in 2018
Disney Executives Receive Contract Extensions and Raises
Yesterday, Disney extended the job contracts of the chief financial officer, general counsel, and chief strategy officer. Disney also gave a raise to the chief human resources officer. The contract extensions and renegotiations became public through a filing with the Securities and Exchange Commission. Chief Financial Officer Christine McCarthy and Chief Strategy Officer Kevin Mayer … Disney Executives Receive Contract Extensions and Raises
Disney Facing Lawsuit over Stolen Motion Capture Technology Used on 3 Films
While Disney has dealt with legal issues lately springing up from claims they stole others’ ideas as the basis for films (Zootopia, Inside Out), this newest lawsuit put before the company is about stolen tech. VFX firm Rearden LLC filed an injunction Monday against The Walt Disney Company to prevent them from distributing three films they … Disney Facing Lawsuit over Stolen Motion Capture Technology Used on 3 Films
Verizon CEO Lowell McAdam Responds to Disney Purchase Rumor
On Saturday, July 1st, the New York Post published an article referencing a rumor that Verizon Communications Inc. was considering a takeover of the Walt Disney Company. Ten days later, Verizon CEO Lowell McAdam was attending Allen and Co.’s annual media and technology summit, where questions of the possible buyout naturally came up. When asked … Verizon CEO Lowell McAdam Responds to Disney Purchase Rumor
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