Burbank, California, July 29, 2010—The Walt Disney Company announced today the sale of Miramax Films to Filmyard Holdings LLC for over $660 million subject to certain adjustments. Partners in Filmyard include Los Angeles businessmen Ron Tutor, Tom Barrack, Colony Capital LLC and other individuals. The transaction is subject to certain regulatory approvals and is expected [...]
Burbank, California – July 27, 2010—Advancing on its goal of bringing consumers its well-known stories, characters and brands in ever more engaging ways, The Walt Disney Company has agreed to acquire Playdom Inc., one of the leading companies in the fast-growing business of online social gaming. Playdom shareholders will receive total consideration of $563.2 million, [...]
WASHINGTON D.C. and BURBANK, Calif., February 9, 2010 – As part of its ongoing effort to promote healthy lifestyles and nutrition for kids and families, Disney today announced that it will develop a program in collaboration with First Lady Michelle Obama supporting “Let’s Move,” her newly announced campaign to create a healthier generation. Disney will [...]
BURBANK, Calif., December 31, 2009—Advancing its strategy of delivering great branded content to people around the world, Robert A. Iger, President and Chief Executive Officer of The Walt Disney Company (NYSE:DIS) announced today that Disney has completed its acquisition of renowned character franchise company, Marvel Entertainment Inc (NYSE:MVL). “We’re thrilled to welcome to the Disney [...]
BURBANK, Calif., December 23, 2009—The Walt Disney Company (NYSE:DIS) Board of Directors has nominated Sheryl Sandberg, chief operating officer of Facebook Inc., to be a new independent director, effective upon her election at the Company’s next annual meeting. “Sheryl is an outstanding executive who can add incredible value to what is already a diverse and [...]
BURBANK , Calif. — In line with The Walt Disney Company’s goals of advancing its global businesses and brands while providing new opportunities and challenges to executives, Disney President and Chief Executive Officer Robert A. Iger announced today that two of the company’s most senior leaders would assume new roles at the end of the [...]
BURBANK, Calif., October 5, 2009 — Rich Ross, President of Disney Channels Worldwide, has been named Chairman of The Walt Disney Studios, it was announced today by Disney President and CEO Robert A. Iger. Ross will oversee worldwide production, distribution and marketing for the company’s range of live-action and feature animated film labels, including Walt [...]
BURBANK, Calif., August 24, 2009 – Jayne Parker has been named Executive Vice President and Chief Human Resources Officer for The Walt Disney Company (NYSE: DIS), it was announced today by Robert A. Iger, president and CEO, The Walt Disney Company. Ms. Parker will report to Mr. Iger and be responsible for areas that include [...]
BURBANK, Calif. – The Walt Disney Company today reported earnings for its third fiscal quarter and nine months ended June 27, 2009. Diluted earnings per share (EPS) for the third quarter were $0.51, compared to $0.66 in the prior-year quarter. EPS for the current quarter included $0.01 of restructuring and impairment charges while the prior-year [...]
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