The Walt Disney Co experienced a loss in its second quarter, attributed to restructuring and impairment charges, yet its streaming business was profitable. Despite predicting a softening in the streaming business in the third quarter due to Disney+Hotstar, Disney expects its combined streaming services to be profitable in the fourth quarter. The CEO, Bob Iger, highlighted positive results from growth initiatives. Shareholders recently rejected activist investor Nelson Peltz's efforts to claim board seats. Disney+ core subscribers increased by over 6%, and domestic theme park revenue rose by 7% with international parks also showing a 29% rise.
Disney successfully fought off activist investors represented by Trian Fund Management and Blackwells Capital in a shareholder vote, with CEO Bob Iger securing a significant victory. The investors aimed for higher returns and structural changes within the company, but their proposals were rejected. Despite Disney's stock rising, the push for more aggressive changes was not supported by shareholders. Trian's Nelson Peltz, a key figure in the battle, faced a resounding defeat with less than one-third of the vote in his favor. The outcome led to disappointment for Trian, emphasizing their focus on value creation and good governance.
Disney's CEO, Bob Iger, thwarted Nelson Peltz's efforts by addressing corporate succession, woke entertainment, streaming strategy, and profits. Iger emphasized entertaining audiences as the company's top priority and settled a feud with Florida Gov Ron DeSantis over the Dont Say Gay law. He also took full control of Hulu and merged it with Disney+ while cutting costs by shedding 7,000 staffers.
Disney CEO Bob Iger announced plans to crack down on password-sharing for their streaming service starting in June to boost subscriber growth and profitability. Disney aims for double-digit margins in the streaming industry. Investors backed Iger amidst criticism, strengthening his position. Additionally, a standalone ESPN streaming service is set to launch in 2025 with live sports, studio shows, and immersive experiences. The service will offer more content than the current ESPN+ platform. Disney's suite of streaming services is expected to reach profitability by the end of the fiscal year.
(Reuters) -Walt Disney's streaming service will start cracking down on password-sharing from June, CEO Bob Iger said on Thursday, as the entertainment conglomerate looks to boost subscriber growth and make the business profitable. Iger also signaled a need for consolidation in the streaming industry and said Disney was "eventually" looking at double-digit margins for the business, in a wide-ranging interview with CNBC. Streaming rival Netflix's password-sharing crackdown had helped it add nearly 22 million subscribers in the second half of 2023 and shatter Wall Street expectations. Iger's interview came just a day after Disney investors backed him and other company directors in a proxy battle with activist investors, including Nelson Peltz , who argued that the Mouse House had underperformed in the streaming-television era. "The proxy vote was a decisive, true endorsement of the board," he said, noting the company was taking the topic of CEO succession - a key concern of shareholders - "very seriously".
Thanks for contacting us. We've received your submission. Thanks for contacting us. We've received your submission. Disney CEO Bob Iger appears to have the upper hand in his effort to stave off a proxy battle from activist investor Nelson Peltzs Trian Partners.
Billionaire activist investor Nelson Peltz's hedge fund Trian Partners may have profited approximately $300 million after waging a 16-month proxy battle against Disney. Most of the profit is on paper, with Peltz's firm expected to have made a 40% return on its investment. Despite not gaining the two board seats he sought, Peltz sees the scenario as a win-win due to Disney's increased stock performance. The $300 million consolation prize, while substantial, is minor compared to Trian's $10 billion in assets under management.
Robert Allen Iger (; born February 10, 1951) is an American media business executive who serves as the chief executive officer (CEO) of The Walt Disney Company. He previously served as the President of the American Broadcasting Company (ABC) between 1994 and 1995 and as president and chief operating officer (COO) of Capital Cities/ABC, from 1995 until its acquisition by Disney in 1996. Iger was named president of Disney in 2000 and succeeded Michael Eisner as CEO in 2005, until his contract expired in 2020. He then served as executive chairman until his retirement from the company on December 31, 2021. After his exit from the company, Iger served, at the company's request, as an advisor to his successor. Iger was awarded $2 million per year for such advice. However, at the request of Disney's board of directors, Iger returned to Disney as CEO on November 20, 2022, following the unscheduled and immediate dismissal of his appointed successor, Bob Chapek. In July 2023, Disney renewed Iger's contract until 2026.During his initial 15-year stewardship of the company, Iger was able to broaden Disney's roster of intellectual properties, expanded its presence in international markets, and oversaw an increase of the company's market capitalization from $48 billion to $257 billion. He led the major acquisitions of Pixar in 2006 for $7.4 billion, Marvel Entertainment in 2009 for $4 billion, Lucasfilm in 2012 for $4.06 billion, and the entertainment assets of 21st Century Fox in 2019 for $71.3 billion. Iger also expanded the company's theme park resorts presence in East Asia, with the introduction of Hong Kong Disneyland Resort and Shanghai Disney Resort in 2005 and 2016, respectively. Additionally, he was also the driving force behind the reinvigoration of Walt Disney Animation Studios, the branded-release strategy of its film studio's output, and the company's increased investment in its direct-to-consumer businesses, including Disney+ and Hulu.
Disney is actively seeking a successor for CEO Bob Iger, with internal candidates like Dana Walden and Jimmy Pitaro in consideration. Previous attempts at grooming heirs have faltered, leading to Iger's return in 2022. The board aims to have a replacement by the end of 2026. External contenders like Kevin Mayer also pose as potential options. Iger's past success in steering Disney through challenges is evident in the company's 35% stock increase this year. The search for an ideal successor remains crucial amid positive strides in business growth.
The Walt Disney Co. is expected to report earnings of $1.10 per share on $22.1 billion in sales, Papa John's projected to post a profit of 57 cents per share on $544 million in sales in the first quarter, and the University of Michigan will release its preliminary May index of consumer sentiment which is anticipated to fall to 76.0 from 77.2 in April.
Disney ( DIS ) will lay off 7,000 workers as the company seeks to slash $5.5 billion in costs. As a result, the media giant plans to restructure the organization into three core business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences and Products. "We will be reducing our workforce by approximately 7,000 jobs," CEO Bob Iger said during the company's first quarter earnings call. "While this is necessary to address the challenges we're facing today, I do not make this decision lightly.
The Walt Disney Company, commonly known as Disney ( DIZ-nee), is an American multinational mass media and entertainment conglomerate that is headquartered at the Walt Disney Studios complex in Burbank, California. Disney was founded on October 16, 1923, by brothers Walt Disney and Roy Disney as Disney Brothers Studio; it also operated under the names Walt Disney Studio and Walt Disney Productions before changing its name to the Walt Disney Company in 1986. In 1928, Disney established itself as a leader in the animation industry with the short film Steamboat Willie. The film used synchronized sound to become the first post-produced sound cartoon, and popularized Mickey Mouse, who became Disney's mascot and corporate icon.After becoming a major success by the early 1940s, Disney diversified into live-action films, television, and theme parks in the 1950s. However, following Walt Disney's death in 1966, the company's profits, especially in the animation division, began to decline. In 1984, Disney's shareholders voted Michael Eisner as CEO, who led a reversal of the company's decline through a combination of international theme park expansion and the highly successful Disney Renaissance period of animation in the 1990s. In 2005, under new CEO Bob Iger, the company continued to expand into a major entertainment conglomerate with the acquisitions of Marvel Studios, Lucasfilm, and 20th Century Studios. In 2020, Bob Chapek became the head of Disney after Iger's retirement. However, Chapek was ousted in 2022 and Iger was reinstated as CEO.The company is known for its film studio division Walt Disney Studios, which includes Walt Disney Pictures, Walt Disney Animation Studios, Pixar, Marvel Studios, Lucasfilm, 20th Century Studios, 20th Century Animation, and Searchlight Pictures. Disney's other main business units include divisions in television, broadcasting, streaming media, theme park resorts, consumer products, publishing, and international operations. Through these divisions, Disney owns and operates the ABC television network; cable television networks such as Disney Channel, ESPN, Freeform, FX, and National Geographic; publishing, merchandising, music, and theater divisions; direct-to-consumer streaming services such as Disney+, Star+, ESPN+, Hulu, and Hotstar; and Disney Experiences, which includes several theme parks, resort hotels, and cruise lines around the world.Disney is one of the biggest and best-known companies in the world, and has been ranked number 53 on the 2022 Fortune 500 list of biggest companies in the United States by revenue. In 2023, the company’s seat in Forbes Global 2000 was 87. Since its founding, the company has won 135 Academy Awards, 26 of which have been awarded to Walt. The company has been said to have produced some of the greatest films of all time, as well as revolutionizing the theme park industry. The company, which has been public since 1940, trades on the New York Stock Exchange (NYSE) with ticker symbol DIS and has been a component of the Dow Jones Industrial Average since 1991. In August 2020, about two-thirds of the stock was owned by large financial institutions. The company celebrated their 100th anniversary on October 16, 2023.
Thanks for contacting us. We've received your submission. Filmmaker George Lucas has backed Walt Disney CEO Bob Iger in the media companys bitter proxy battle with activist investor Nelson Peltz and hedge fund Blackwells Capital. Lucas, who received 37.1 million Disney shares as part of the companys $4.
Nelson Peltz, an activist investor aiming for Disney board seats, questioned the need for all-women Marvel movies and all-Black casts. Peltz, known for his experience with food companies, criticized Disney's focus on diversity. His Trian Partners, controlling $3.5 billion of Disney stock, supports retaliation against CEO Bob Iger by influencing voting. The dispute stems from Ike Perlmutter's clash with Kevin Feige over diversity in Marvel films, eventually leading to the success of 'Black Panther' and 'Captain Marvel' in the MCU.
The Walt Disney Company and a board appointed by Florida Gov. Ron DeSantis have settled a yearlong legal dispute regarding the Central Florida Tourism Oversight District, home to Walt Disney World Resort. The settlement voids a previous agreement giving Disney control over development decisions and allows for collaboration on updating the district's comprehensive plan. The dispute arose from DeSantis revoking Disney's self-governing status after the company opposed Florida's "Don't Say Gay" law. The agreement lifts barriers to Walt Disney World's development, attracting around 47 million visitors in 2022.
By Aimee Picchi November 29, 2023 / 6:20 PM EST / MoneyWatch Elon Musk, the billionaire owner of X, said the decision by some major advertisers to distance themselves from the social media platform (formerly known as Twitter) could "kill the company." "And the whole world will know that those advertisers killed the company," Musk said while appearing Wednesday at The New York Times' Dealbook Summit , where he was interviewed by Times reporter Andrew Ross Sorkin. Musk also issued a defiant response to Disney CEO Bob Iger, who had appeared at the conference earlier in the day and spoke about his decision to halt advertising on X after Musk supported an antisemitic comment on the platform. Iger said that Disney "felt that the association was not necessarily a positive one for us." Musk responded, "Go f--- yourself, is that clear? I hope it is.
Skydance Media, in exclusive merger talks with Paramount Global, anticipates doubling revenue and tripling earnings by 2025. Paramount's stock surged 13% on news of talks with Skydance, alongside reports of a joint bid from Sony Pictures Entertainment and Apollo Global Management. Paramount's revenue dipped 2% in 2024, impacted by shifts to streaming services. Shareholders express concerns over Skydance deal terms, with potential lawsuits looming. Paramount's value has declined since forming in 2019, with ongoing struggles in its streaming segment.
America First Legal, aligned with former President Trump, has accused The Walt Disney Company of pushing anti-police and anti-White content in its family-friendly programs, leading to a significant decrease in market capitalization. The group alleges that Disney's management has intentionally alienated its core customers through its 'woke political and social agenda,' citing examples from Disney's programming on Disney+ and Marvel films. This accusation follows a civil rights complaint filed with the U.S. Equal Employment Opportunity Commission in February, claiming discrimination in hiring practices at Disney.
Disney CEO Bob Iger announced plans to reduce the output of Marvel movies to two good films a year, with three maximum, down from about four, and decrease TV series spinoffs for the franchise. The decision comes as Disney aims to focus on quality content and big-ticket successes, with the company facing pressure to boost its streaming platforms. This shift follows a decline in Disney's quarterly revenues and Disney+ subscribers missing analysts' targets.
Disney+ is an American subscription video on-demand over-the-top streaming media service owned and operated by Disney Streaming, the streaming division of Disney Entertainment, a major business segment of the Walt Disney Company. The service primarily distributes films and television shows produced by Walt Disney Studios and Disney Television Studios, with dedicated content hubs for Disney's flagship brands; Disney, Pixar, Marvel, Star Wars, National Geographic, and Hulu as well as showcasing original and exclusive films and television shows.Disney+ relies on technology developed by Disney Streaming, which was originally established as BAMTech in 2015 when it was spun off from MLB Advanced Media (MLBAM). Disney increased its ownership share of BAMTech to a controlling stake in 2017 and subsequently transferred ownership to Walt Disney Direct-to-Consumer & International, as part of a corporate restructuring in anticipation of Disney's acquisition of 21st Century Fox, through which the Star brand was inherited and got retooled as a content platform within the service in some regions, with Latin America having its own standalone service, Star+. With BAMTech helping to launch ESPN+ in early 2018, and Disney's streaming distribution deal with Netflix ending in 2019, Disney took the opportunity to use technologies being developed for ESPN+ to establish a Disney-branded streaming service that would feature its content. Production of films and television shows for exclusive release on the platform began in late 2017.Disney+ was launched on November 12, 2019, in the United States, Canada, and the Netherlands, and expanded to Australia, New Zealand, and Puerto Rico a week later. It became available in select European countries in March 2020 and in India in April through Star India's Hotstar streaming service, which was rebranded as Disney+ Hotstar. Additional European countries received Disney+ in September 2020, with the service expanding to Latin America in November 2020. It later expanded in Southeast Asian countries since 2021, followed by countries in Northern and Eastern Europe, Middle East, and parts of Africa since May 2022.Upon launch, it was met with positive reception of its content library, but was criticized for technical problems and missing content. Alterations made to films and television shows also attracted media attention. Ten million users had subscribed to Disney+ by the end of its first day of operation.
This is a list of assets currently or formerly owned by the Walt Disney Company, unless otherwise indicated.As of August 2023, Disney is organized into three main segments: Disney Entertainment which includes the company's film and TV assets as well as streaming; ESPN (including ESPN+); and Disney Experiences.
Disney Entertainment is a major business segment of The Walt Disney Company created on February 8, 2023, which consists of its entertainment media and content businesses, including its motion picture film studios, television divisions, streaming services and overseas businesses. Disney Media and Entertainment Distribution (DMED) was dissolved and had its divisions and units consolidated into Disney Entertainment upon formation of the latter.
The $1.9 billion expansion plan for Disneyland Forward to enhance the original theme park received unanimous approval from the Anaheim City Council after an eight-hour public hearing. Disney CEO Bob Iger confirmed upcoming attractions such as an Avatar area and potential inclusion of major IPs like Frozen, Tron, Zootopia, and Tangled. The expansion aims to create new experiences akin to Tokyo DisneySea and Shanghai Disneyland, overcoming historical challenges of land acquisition by repurposing existing spaces like a former petting zoo and BBQ restaurant.
Robert Alan Chapek (born 1960) is an American former media executive who was the chief executive officer (CEO) of The Walt Disney Company from 2020 to 2022. He joined Masimo's board of directors in 2024.Before becoming CEO, Chapek had a 26-year career with The Walt Disney Company, beginning in the Home Entertainment division, and eventually rising to become Chairman of Parks & Resorts. Chapek, who had a controversial tenure as CEO, was dismissed from the position on November 20, 2022, and succeeded by his predecessor, Bob Iger.
Walt Disney Pictures is an American film production company and subsidiary of Walt Disney Studios, a division of Disney Entertainment, which is owned by The Walt Disney Company. The studio is the flagship producer of live-action feature films within the Walt Disney Studios unit, and is based at the Walt Disney Studios in Burbank, California. Animated films produced by Walt Disney Animation Studios and Pixar Animation Studios are also released under the studio banner. Walt Disney Studios Motion Pictures distributes and markets the films produced by Walt Disney Pictures.Disney began producing live-action films in the 1950s. The live-action division became Walt Disney Pictures in 1981, when Disney reorganized its entire studio division; which included the separation from the feature animation division and the subsequent creation of Touchstone Pictures. At the end of that decade, combined with Touchstone's output, Walt Disney Pictures elevated Disney to one of Hollywood's major film studios.Walt Disney Pictures is currently one of five live-action film studios within the Walt Disney Studios, alongside 20th Century Studios, Marvel Studios, Lucasfilm, and Searchlight Pictures. The 2019 remake of The Lion King is the studio's highest-grossing film worldwide with $1.6 billion, and Pirates of the Caribbean is the studio's most successful film series, with five films earning a total of over $4.5 billion in worldwide box office gross.
A US judge has dismissed a lawsuit from The Walt Disney Company that accused Florida Governor Ron DeSantis of retaliation. The lawsuit claimed that the state violated Disney's First Amendment rights after the company spoke out against a homophobic law. However, Judge Allen Winsor ruled that Disney lacked legal standing to sue DeSantis and the state's Commerce Department. Disney plans to press forward with the case. This legal battle comes after Florida removed Disney's control of a special district overseeing its Orlando theme parks.
The Walt Disney Studios is a major division of the Disney Entertainment business segment of the Walt Disney Company best known for housing its multifaceted film studio divisions. Founded on October 16, 1923, and based mainly at the namesake studio lot in Burbank, California, it is the seventh-oldest global film studio and the fifth-oldest in the United States, a member of the Motion Picture Association (MPA) and one of the "Big Five" major film studios.The Walt Disney Studios has prominent film production companies including Walt Disney Pictures, Walt Disney Animation Studios, Pixar, Marvel Studios, Lucasfilm, 20th Century Studios and Searchlight Pictures. Walt Disney Studios Motion Pictures distributes and markets the majority of the content produced by these studios for both theatrical exhibition and the company's streaming services. In 2019, Disney posted an industry record of $13.2 billion at the global box office. The studio owns eight of the top ten highest-grossing films of all time worldwide, and several of the highest-grossing film franchises of all time.
Disney+ Hotstar is an Indian subscription video-on-demand over-the-top streaming service owned by Disney Star, a subsidiary of the Disney Entertainment business segment of The Walt Disney Company, featuring domestic Indian film, television and sports content for India itself and its worldwide diaspora. It also includes imported content from and serves Southeast Asia as well.The brand was introduced as Hotstar for a streaming service carrying content from Disney Star's local networks, including films, television series, live sports, and original programming, as well as featuring content licensed from third parties such as Showtime among others. Amid the significant growth of mobile broadband in India, Hotstar quickly became the dominant streaming service in the country.Following the acquisition of Star India's parent company 21st Century Fox by Disney in 2019, Hotstar was integrated with the company's new global streaming brand Disney+ as 'Disney+ Hotstar' in April 2020. The co-branded service added Disney+ original programming, and films and television series from its main content brands of Walt Disney Studios, Pixar, Marvel Studios, Lucasfilm, and National Geographic alongside the domestic and third-party content already carried on the platform.Outside of India, the Disney+ Hotstar service also operates in Indonesia, Malaysia, and Thailand, where it similarly combines entertainment content licensed from local, third-party studios, with the larger Disney+ library. In Singapore, Canada, and the United Kingdom, Hotstar operates as a streaming service targeting Indian diaspora, focusing on Disney Star's domestic entertainment and sports content; Disney+ operates as a standalone service in these markets. In 2021, Disney announced that it would discontinue the U.S. version of Hotstar in November 2021, in favor of adding its content to the domestic Hulu and ESPN+ services instead.
The S&P 500 gained 1% while the Nasdaq Composite rose 1.2% and the Dow Jones Industrial Average increased almost 0.5%. The market rally was driven by expectations of an earlier rate cut from the Federal Reserve, with over two-thirds of bets now on a September rate cut and expectations for at least two cuts by year-end. Federal Reserve officials, including John Williams and Thomas Barkin, indicated potential rate cuts based on incoming data and inflation expectations. Disney's upcoming earnings and Apple's stock dip post-Warren Buffett's revelations were notable.
At Berkshire Hathaway's annual meeting, the focus shifted to the succession plan following Charlie Munger's passing and concerns about Warren Buffett's eventual retirement. Shareholders are eager to see how the conglomerate will operate without its iconic leaders, with Buffett hinting at continuing and naming Greg Abel as his successor. The meeting highlighted Berkshire's success under Buffett and Munger, showcasing substantial earnings and a record cash pile. Questions arose about Abel's leadership and potential portfolio management after Buffett, with the billionaire joking about haunting future decision-makers.
Disney+ will start cracking down on password sharing in a few countries in June and will roll out the measures globally in September, following in the footsteps of Netflix. Users breaking the rules will receive warnings, and an option to pay extra to share accounts with those in different households will be offered. The crackdown aims to boost sign-ups and revenue, with Disney's CEO Bob Iger expressing admiration for Netflix's success. Disney+ previously announced changes to pricing in the UK, including a cheaper tier with adverts, after facing a decline in international customers.
Disney Channel is an American pay television channel that serves as the flagship property of Disney Branded Television, a unit of the Disney Entertainment division of The Walt Disney Company.Launched on April 18, 1983, under the name The Disney Channel as a premium channel on top of basic cable television systems, it originally showcased programming towards families due to availability of home television sets locally at the time. Since 1997, as just Disney Channel, its programming has shifted focus to target mainly children and adolescents between ages 7 and 17. The channel showcases original first-run children's television series, theatrically-released and original television films and other selected third-party programming.As of September 2022, Disney Channel is available on basic cable and satellite in over 190 million American and global homes. Original programming/content on/from the channel spans television, online, mobile, video on demand and mobile platforms, with the latter dominated by the DisneyNOW website-app hybrid product. There were 46 Disney Channels available in 33 languages worldwide, but some have either shut down or declined in viewership since 2016 in parts of Europe and most of the Asia-Pacific due to the rise of social media and streaming media platforms as well as the successful launch of Disney+ in certain countries/regions/territories from 2020 onward.
The summer movie season started with Universal's The Fall Guy opening below projections at $28.5 million, followed by Disney's re-release of Star Wars: The Phantom Menace at $8.1 million. Despite positive reviews, the box office saw a 55% drop compared to last year. The film industry faces challenges in reviving summer blockbuster fervor. The weekend box office results also included Challengers in third place with $7.6 million. The upcoming movie releases in May aim to generate excitement and bring in more audiences.
Goldman Sachs and Bank of America shareholders rejected proposals to separate the CEO and chairman roles at both banks despite pressure from proxy advisers like Institutional Shareholder Services (ISS) and Glass Lewis. Shareholders at Goldmans annual meeting supported a proposal by the National Legal and Policy Center (NPLC) to divide the roles, but it only garnered 33% of votes. The conservative-leaning NPLC cited CEO David Solomons poor decision-making, leading to losses in the retail division. Bank of America also saw a failed attempt to split the roles, receiving 31% of shareholder votes. Both banks maintain a combined chairman-CEO structure.
The Walt Disney Company has owned and operated several animation studios since the company's founding on October 16, 1923, by Walt and Roy Disney as the Disney Brothers Cartoon Studio; the current Walt Disney Animation Studios in Burbank, California is the company's flagship feature animation studio and claims heritage from this original studio. Adding to the growth of the company and its motion picture studio division the Walt Disney Studios, several other animation studios were added through acquisitions and through openings of satellite studios outside the United States. These expanded the company's animation output into television, direct-to-video, and digital releases, in addition to its primary feature animation releases.Currently Walt Disney Animation Studios, Pixar, Lucasfilm Animation (through Lucasfilm) and 20th Century Studios's animation division are parts of the Walt Disney Studios unit. This article does not include other animation studios whose films were released by Walt Disney Studios Motion Pictures (the company's distribution unit) and not acquired by the company, nor does it count the Laugh-O-Gram Studio (1921–23), Disney's first animation studio, which predated the founding of the Walt Disney Company. For example, certain Studio Ghibli films were distributed by Disney internationally but never owned by the company. Also, Miramax, an independently operating unit of the Walt Disney Studios, also purchased US rights to foreign animated movies.
Walt Disney Animation Studios (WDAS), sometimes shortened to Disney Animation, is an American animation studio that creates animated features and short films for The Walt Disney Company. The studio's current production logo features a scene from its first synchronized sound cartoon, Steamboat Willie (1928). Founded on October 16, 1923, by brothers Walt Disney and Roy O. Disney, it is the oldest-running animation studio in the world. It is currently organized as a division of Walt Disney Studios and is headquartered at the Roy E. Disney Animation Building at the Walt Disney Studios lot in Burbank, California. Since its foundation, the studio has produced 62 feature films, from Snow White and the Seven Dwarfs (1937) to Wish (2023), and hundreds of short films.Founded as Disney Brothers Cartoon Studio in 1923, renamed Walt Disney Studio in 1926 and incorporated as Walt Disney Productions in 1929, the studio was dedicated to producing short films until it entered feature production in 1934, resulting in 1937's Snow White and the Seven Dwarfs, one of the first full-length animated feature films and the first U.S.-based one. In 1986, during a large corporate restructuring, Walt Disney Productions, which had grown from a single animation studio into an international media conglomerate, was renamed The Walt Disney Company and the animation studio became Walt Disney Feature Animation in order to differentiate it from the company's other divisions. Its current name was adopted in 2006 after Pixar was acquired by Disney.For many people, Disney Animation is synonymous with animation, for "in no other medium has a single company's practices been able to dominate aesthetic norms" to such an overwhelming extent. The studio was recognized as the premier American animation studio for much of its existence and was "for many decades the undisputed world leader in animated features"; it developed many of the techniques, concepts and principles that became standard practices of traditional animation. The studio also pioneered the art of storyboarding, which is now a standard technique used in both animated and live-action filmmaking. The studio's catalog of animated features is among Disney's most notable assets, with the stars of its animated shorts—Mickey Mouse, Minnie Mouse, Donald Duck, Daisy Duck, Goofy, and Pluto—becoming recognizable figures in popular culture and mascots for the Walt Disney Company as a whole.Three of the studio's films—Frozen (2013), Zootopia (2016), and Frozen II (2019)—are all among the 50 highest-grossing films of all time, with the latter becoming the second-highest-grossing animated feature film of all time. It also had the highest-grossing worldwide opening of all time for an animated feature film up until the release of Nintendo and Illumination's The Super Mario Bros. Movie (2023).By 2013, the studio was no longer developing hand-drawn animated features as a result of 3D computer animation being more profitable, and had laid off most of their hand-drawn animation division. However, the studio stated in 2019 and 2023 that they would be open to proposals from filmmakers for future hand-drawn feature projects.
The Walt Disney Company filed a motion to dismiss Gina Carano's lawsuit, alleging wrongful termination from 'The Mandalorian,' citing First Amendment rights and their authority to choose performers aligned with their artistic expression. Carano's termination was based on public comments that allegedly undermined Disney's message, with a post comparing conservative criticism to the Holocaust being the deciding factor. Disney compared its authority to that of a newspaper in selecting writers, claiming a right to association with Carano's speech.
This article is a list of streaming television programming which released on Disney+ Hotstar, or just Hotstar, an Indian subscription video on-demand over-the-top streaming service owned by Disney Star and operated by the Disney Entertainment division of The Walt Disney Company since its launch as Hotstar in February 2015 by the formerly-named Star India.
Media giants like Amazon, Warner Brothers/Discovery, Disney/ESPN, and Comcast are engaging in a fierce battle for the NBA's rights package, despite declining viewership due to perceived woke posturing by key figures like LeBron James and Gregg Popovich. The NBA is set to receive a substantial rights fee increase, potentially exceeding 50% to match inflation rates. Despite criticisms and low ratings, the NBA remains a valuable asset in the eyes of industry experts.
Shareholder activism is a form of activism in which shareholders use equity stakes in a corporation to put pressure on its management. A fairly small stake (less than 10% of outstanding shares) may be enough to launch a successful campaign. In comparison, a full takeover bid is a much more costly and difficult undertaking. The goals of shareholder activism range from financial (increase of shareholder value through changes in corporate policy, cost cutting, etc.) to non-financial (disinvestment from particular countries, etc.). Shareholder activists can address self-dealing by corporate insiders, although large stockholders can also engage in self-dealing to themselves at the expense of smaller minority shareholders.: 241 Shareholder activism can take any of several forms: proxy battles, publicity campaigns, shareholder resolutions, litigation, and negotiations with management. Daniel Loeb, head of Third Point Management, is notable for his use of sharply written letters directed towards the CEOs of his target companies.Activism may help to address the principal-agent problem where the management (agents) do not adequately respond to the wishes of the principals (investors) of publicly traded companies. In the 2010s, investments in the activist asset class grew, with activists receiving coverage by the media and positive attention from investors. Activists have typically engaged in adversarial campaigns, but have also in some cases been able to acquire board seats with a formal proxy context.Shareholder activists are making their mark on mergers and acquisitions as well – a 2015 survey of corporate development leaders found that 60% of respondents saw shareholder activism affecting transaction activity in their industry. Increasingly, however, the non-financial form of shareholder activism is affecting companies in a range of sectors. Shareholders, often with a comparatively small stake in a company, are seeking to influence the company's environmental and social performance.Some of the recent activist investment funds include: California Public Employees' Retirement System (CalPERS), Icahn Management LP, Santa Monica Partners Opportunity Fund LP, State Board of Administration of Florida (SBA), and Relational Investors, LLC.Due to the Internet, smaller shareholders have also gained an outlet to voice their opinions. In 2005, small MCI Inc. shareholders created an online petition to protest the MCI/Verizon merger.
Berkshire Hathaway Vice Chairman Greg Abel, set to succeed Warren Buffett as CEO, checks out flight simulators and poses with shareholders at the annual meeting. Shareholders also pose with a cutout of CEO Warren Buffett and engage in discussions with investment managers and company CEOs.
Disney XD is an American pay television channel owned by the Disney Branded Television and Disney Entertainment units of The Walt Disney Company. The channel is aimed primarily at older children (mainly boys) ages six to eleven years old.Disney XD's programming consists of original first-run television series, current and former original series and made-for-TV films inherited from sister network Disney Channel, theatrically released films, and acquired programs from other distributors, along with a primetime block of programming involving competitive gaming.The channel offers an alternate Spanish-language audio feed, either via a separate channel with the English track removed as part of a package of Spanish-language television networks sold by subscription providers or a separate audio track accessible through the SAP option, depending on the provider.As of January 2016, Disney XD is available to 77.5 million households in the United States.
Tesla, led by Chair Robyn Denholm, is asking shareholders to reapprove a $56 billion pay package for CEO Elon Musk after it was initially rejected by a US judge. Denholm stated that the board supports the original deal, believing in big risks for big rewards. Shareholders will also vote on relocating Tesla's corporate home to Texas. The company recently faced challenges with falling vehicle deliveries and share prices. Musk's compensation package was voided in January, with legal experts questioning Tesla's attempt to restore it through a shareholder vote.
This article is a list of streaming television films which released on Disney+ Hotstar, or just Hotstar, an Indian subscription video on-demand over-the-top streaming service owned by Disney Star and operated by the Disney Entertainment division of The Walt Disney Company since its launch as Hotstar in February 2015 by the formerly-named Star India.
Yahoo! News
Yahoo! News
Yahoo! News
By MICHELLE CHAPMAN
ABC News
Yahoo! News
The Verge
https://www.facebook.com/bbcnews
CBS News
James Cirrone
Fox News
Business Insider
NY Post
Leah Montebello
Allison Morrow
PANORA
PANORA
PANORA
PANORA
PANORA
PANORA
Wikipedia
PANORA
PANORA
PANORA
Wikipedia
PANORA
PANORA
PANORA
PANORA
PANORA
PANORA
PANORA
Wikipedia
Wikipedia
Wikipedia
PANORA
Wikipedia
Wikipedia
PANORA
Wikipedia
Wikipedia
PANORA
PANORA
PANORA
Wikipedia
PANORA
PANORA
Wikipedia
Wikipedia
PANORA
Wikipedia
PANORA
Wikipedia
PANORA
Wikipedia
PANORA
Wikipedia