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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Community: Arts foundation gears up for fundraiser
The Burbank Arts for All Foundation kicks off its inaugural gala, titled “Party on the Plaza,” by honoring a local company and two individuals — Warner Bros. Entertainment, Inc., Burbank teacher Beth Morrison and Burbank PTA Council...Tags: Economy, Business and Finance, Movies, Companies and Corporations, Teaching and Learning, Garry Marshall
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Disney matriarch passes at 77
Patricia A. Disney — matriarch of a family whose $10-million donation was the foundation of a comprehensive cancer center at Providence St. Joseph Medical Center — has died. She was 77. Married to Roy, Walt Disney's nephew, for more than 50...Tags: Robert A. Iger, Hospitals and Clinics, Walt Disney, Healthcare Provider, Cancer
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Disney sells to Amazon, renews with Netflix
Walt Disney Co. has gotten on the Amazon gravy train. Looking to acquire content for its video streaming service Prime Instant, Amazon has struck a deal with Disney's ABC broadcast network as well as its cable channels including Disney Channel, ABC...Tags: Netflix Inc., Disney Channel (tv network), Grey's Anatomy (tv program), Television Industry, Physiology
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Disney acquires mommy blogging site Babble
Walt Disney Co. has acquired New York-based Babble Media Inc., a parenting site that features advice about pregnancy, child development and related topics from some 200 mommy bloggers. The Burbank entertainment giant has been acquiring family-focused...Tags: Child Development, Los Angeles Times
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Studios, companies unite for Burbank museum
The Falcon Theatre, Walt Disney Co., Cartoon Network and Nickelodeon are among the creative forces that will contribute to an art exhibit at the Burbank Creative Arts Center that opens Aug. 5.
The center is celebrating 100 years of the city’s...Tags: Economy, Business and Finance, Cartoons, Cartoon Network (tv network), Nickelodeon (tv network), Business
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Celebrating a century of creativity
As the City of Burbank continues the centennial celebration of its incorporation, the Burbank Creative Arts Center Gallery is paying homage to the milestone with an exhibit of art and artifacts from six of the city’s most prominent businesses...Tags: Culture, Walt Disney, Human Interest, Arts and Culture, Warner Bros. Entertainment, Inc.
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Disney to cut 200 jobs
Roughly 200 positions are expected to be eliminated by the Walt Disney Co., most to be absorbed by the company’s Burbank headquarters, in a round of layoffs next week, according to a company source. Some of the positions to be eliminated currently...Tags: Netflix Inc., Gaming, Job Layoffs, North Hollywood (Los Angeles, California), Companies and Corporations
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Stars, community come out for Habitat build
Homes are going up in a hurry on narrow Elliott Drive, as dozens of Habitat for Humanity volunteers join professionals and the eventual homeowners for a “build-a-thon” on seven townhomes and an existing house a few blocks from McCambridge...Tags: Los Angeles, Burbank (Los Angeles, California), Hollywood (Los Angeles, California)
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Disney demonstrators released on bail
Four environmental activists who were arrested Wednesday after chaining themselves to the entrance gate and unfurling a banner at Walt Disney Studios have been released after posting $1,000 bail. Two members of Rainforest Action Network dressed as Mickey...Tags: Nature, San Francisco, Conservation, Wildlife, Public Employees
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Burbank theaters are a big draw
The city where they make the movies is also the place where the people come to see them — in droves. Downtown Burbank’s collection of 30 AMC screens forms one of the highest-grossing cineplexes in the country, according to corporate...Tags: Dining and Drinking, Restaurants, Lifestyle and Leisure, Movies, Times Square
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City awaits word on Lehman's suit
More than two years after the collapse of Lehman Bros., Burbank is still pining for the $10 million it lost in the deal.
Following Lehman’s declaration of bankruptcy in September 2008, Burbank filed a lawsuit alleging top executives of the...Tags: Goldman Sachs, Bonds, Trials, JPMorgan Chase & Co., California
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Disney finishes 2010 strongly
A healthier media advertising market and greater theme-park traffic drove Burbank-based Walt Disney Co. to increased revenue and profits in the last three months of 2010 compared with a year earlier.
The first quarter of Disney’s 2011 fiscal year...Tags: Weather Reports, Disney Channel (tv network), ESPN (tv network), Television Industry, Toys
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