Highlights
The Walt Disney Co. is a California-based, publicly-traded entertainment company founded by the late Walt Disney, with properties that include the ABC, ESPN and other television networks, movie studios, music, radio and theme parks and resorts, including the Walt Disney World resort in Central Florida.
In 2007 fiscal year, the company reported $35.5 billion in revenue and $4.7 billion in net income. Among the divisions is the Parks and Resorts Segment, which has 11 theme parks and two water parks worldwide that all are among the most popular in the world. They include four parks and two water parks at Disney World; two theme parks at the Disneyland Resort in Anaheim, Calif.; tw...
In 2007 fiscal year, the company reported $35.5 billion in revenue and $4.7 billion in net income. Among the divisions is the Parks and Resorts Segment, which has 11 theme parks and two water parks worldwide that all are among the most popular in the world. They include four parks and two water parks at Disney World; two theme parks at the Disneyland Resort in Anaheim, Calif.; tw...
The Walt Disney Co. is a California-based, publicly-traded entertainment company founded by the late Walt Disney, with properties that include the ABC, ESPN and other television networks, movie studios, music, radio and theme parks and resorts, including the Walt Disney World resort in Central Florida.
In 2007 fiscal year, the company reported $35.5 billion in revenue and $4.7 billion in net income. Among the divisions is the Parks and Resorts Segment, which has 11 theme parks and two water parks worldwide that all are among the most popular in the world. They include four parks and two water parks at Disney World; two theme parks at the Disneyland Resort in Anaheim, Calif.; two in Tokyo; two in Paris; and one in Hong Kong. The division also covers the Disney Vacation Club chain of timeshare resorts, the two-ship Disney Cruise Line and other leisure ventures.
Many of the company's most valuable properties are intellectual properties rights to popular characters such as Mickey Mouse, "Disney princesses" including Snow White and Cinderella, or TV characters such as Hannah Montana. One of Disney's signature strategies is to develop ways to offer such characters through all of its businesses, from theme parks to TV to music to computer games to stuffed toys. The Walt Disney Co.'s chairman is John E. Pepper Jr. Robert A. Iger is president and chief executive officer.
In 2007 fiscal year, the company reported $35.5 billion in revenue and $4.7 billion in net income. Among the divisions is the Parks and Resorts Segment, which has 11 theme parks and two water parks worldwide that all are among the most popular in the world. They include four parks and two water parks at Disney World; two theme parks at the Disneyland Resort in Anaheim, Calif.; two in Tokyo; two in Paris; and one in Hong Kong. The division also covers the Disney Vacation Club chain of timeshare resorts, the two-ship Disney Cruise Line and other leisure ventures.
Many of the company's most valuable properties are intellectual properties rights to popular characters such as Mickey Mouse, "Disney princesses" including Snow White and Cinderella, or TV characters such as Hannah Montana. One of Disney's signature strategies is to develop ways to offer such characters through all of its businesses, from theme parks to TV to music to computer games to stuffed toys. The Walt Disney Co.'s chairman is John E. Pepper Jr. Robert A. Iger is president and chief executive officer.
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Disney moves forward with ABC Studios project at Golden Oak Ranch
A half-century ago, Walt Disney leased a horse ranch in Placerita Canyon to shoot episodes of “The Adventures of Spin and Marty” from the classic ABC series “The Mickey Mouse Club.” Disney liked the property, with its rich...
Tags: Los Angeles Times, Walt Disney, ABC (tv network)
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Tight funding causes second thoughts on city projects
With pressure mounting on city resources in the wake of redevelopment’s demise, several Glendale City Council members this week expressed second thoughts about several major downtown area projects that were approved more than a year ago. The...Tags: Walt Disney, Breach of Contract, MONA (music group), Corporate Crime, Arts and Culture
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Board guiding redevelopment agency transition gets off to a rocky start
Tensions were high Thursday at the first meeting of the committee charged with guiding the dissolution of Glendale's redevelopment agency. Board members were befuddled by their role and were unsure if they had the expertise to make decisions about the...Tags: Wage Contract Issues, Government, Public Officials, Career and Workplace, Politics
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First board meeting exposes lingering rifts over wind-down of redevelopment
Tensions were high Thursday at the first meeting of the committee charged with guiding the dissolution of Glendale’s redevelopment agency. Board members were befuddled by their role and were unsure if they had the expertise to make decisions...Tags: Wage Contract Issues, Government, Public Officials, Career and Workplace, Politics
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Disney, DMG team up to make 'Iron Man 3' a Chinese co-production
The Walt Disney Co. and its Marvel Studios subsidiary said Monday that "Iron Man 3" will be a co-production with China, as the Burbank company teamed with DMG Entertainment of Beijing to co-finance and distribute the film. Robert Downey, Jr., Gwynneth...
Tags: Los Angeles Times, Walt Disney, Shane Black, Entertainment, Movies
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Julie Andrews on princesses, Disney and a new 'Mary Poppins' film
Have you purchased a gift for the tiara wearer in your life? Don't worry, there's still time. The Walt Disney Co. and Target are introducing National Princess Week April 22-28. Like Secretary's Day and Grandparents Day, National Princess Week is...
Tags: Los Angeles Times, Walt Disney, Blu-ray Discs, Mary Poppins (movie), The Sound of Music (movie)
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Disney expects $200-million loss on 'John Carter'
Walt Disney Co. said it expects to incur a loss of about $200 million on its big-budget sci-fi film, "John Carter," based on box-office results.
The film's theatrical performance -- which brought in $184 million in global box-office sales, well shy of...Tags: Los Angeles Times, Walt Disney, James Cameron, Science Fiction (genre), Entertainment
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Chief executive of Disney collected $31.4M last year
Time Warner Inc. Chief Executive Jeff Bewkes is indisputably among the nation's highest-paid executives, but compared with his fellow media moguls, he is eking out a meager living. The New York media conglomerate that owns Warner Bros., HBO, TNT and Time...Tags: Los Angeles Times, Philippe P. Dauman, Walt Disney, HBO (tv network), Viacom Inc.
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Four burglary suspects arrested
Police arrested four men suspected of burglary Tuesday after the men led officers on a brief car chase and then fled on foot into a West Glendale neighborhood, putting the area on lockdown for several hours. Officers from the Special Enforcement Detail...
Tags: Theft
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Disney to join animation initiative with China
Walt Disney Co. said it would join an initiative to develop China's animation industry, marking the latest push by Hollywood to expand into the world's most populous country. The agreement announced Tuesday unites the Burbank entertainment giant with...
Tags: Los Angeles Times, Walt Disney, Cultural Development, Kung Fu Panda (movie), Animation (genre)
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DreamWorks Animations' Jeffrey Katzenberg gets pay cut in 2011
DreamWorks Animation Chief Executive Jeffrey Katzenberg took home a relatively modest pay check in 2011 -- at least compared to his peers in the entertainment industry. In addition to his usual $1 annual salary, Katzenberg, who controls 68% of the voting...
Tags: Los Angeles Times, Philippe P. Dauman, Viacom Inc., David Geffen, Companies and Corporations
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Harry Potter attraction coming to Universal Studios Hollywood
Hogwarts is coming to Hollywood. Universal Studios is planning to build a replica of its successful Florida Harry Potter theme park in Los Angeles, said people familiar with the matter but not authorized to discuss it publicly. A contract between...Tags: Los Angeles Times, Harry Potter (fictional character), Walt Disney, Disneyland Park, Comcast Corp.
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Nov 30, 2011
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