Disney/Pixar Animation Studios recently opened a production studio in Vancouver, Canada to handle animated shorts, which will initially appear to be mostly the next generation of Cars Toons as well as the Toy Story Toons we speculated about back in March.
Bonnie Hoxie, an administrative assistant to Disney’s head of Corporate Communication, Zenia Mucha, was arrested earlier today along with her boyfriend Yonni Sebbag (a.k.a. Jonathan Cyrus) by the FBI on charges of conspiracy and wire fraud in an attempt to sell inside information on the company’s latest quarterly earnings report.
The duo allegedly sent emails via a gmail account to hedge funds and investment companies in New York. Posing as hedge fund investors, the FBI arranged to receive insider trading information from Sebbag in New York which included disclosing earnings per share hours prior to the public disclosure.
Today a finger scan facilitates your entry into one of the Disney theme parks, but in the age of tomorrow, it may help to quench your thirst. So suggests a new patent application from Disney which describes a ‘Self-Service Beverage and Snack Dispensing Using Identity-Based Access Control’ system.
Calling out shortcomings in existing systems such as customers being able to obtain unlimited refills from self-serve beverage dispensers (as Walt Disney World has introduced to a limited number of counter service dining locations) to potential concerns with the Refillable Mugs currently available for purchase at the Walt Disney World Resorts (such as losing the mug, toting the mug back and forth and cleanliness issues), the proposed system allows for either unlimited or controlled refills with any cup/vessel using token-based authentication.
Esteemed television executive Walter Liss today announced his retirement as President, ABC Owned Television Stations Group. He will immediately move into a consultancy role for the Station Group to assist in the transition.
In commenting on the announcement, Robert A. Iger, president and CEO of The Walt Disney Company said, “I’ve worked with Walter for almost 25 years, and I know him to be a one of a kind person: a great executive who knows his business well and has always had a passion for it. He is a no-nonsense guy, who ran the best station group in the country, and loved every minute he spent in the station business! We are all grateful for his leadership, his contributions and his friendship, and we are thankful for ensuring our stations are so well-positioned for the future. Although he has definitely earned the right to retire, he will be sorely missed.”
“I’ve been in this wonderful business for over 50 years. More than 30 of those years have been with the best Company in the world…The Walt Disney Company,” added Mr. Liss. “Early next year I’ll go to work on my golf game. All those guys on the Champions Tour better watch out.”
Walter C. Liss was appointed president, ABC Owned Television Stations Group, in May 1999. In this role he had chief management responsibility for the 10 ABC owned television stations and for the Group’s ABC National Television Sales rep firm.
The Walt Disney Company beat expectations today when it reported an earnings-per-share (EPS) of $.48, representing a 45% increase over 2Q 2009.
Although net income was up across the board, Disney Consumer Products and Interactive Media shone above other business units with an increase of 20% each over the same time period in 2009. DCP, which yielded $596M for the quarter, had its success tributed to both the Disney/Pixar Toy Story and Marvel properties.
The studios also turned in a strong performance for the quarter, mostly due to Tim Burton’s Alice in Wonderland, helping to increase revenues 7% to $1.5B for the quarter, smashing last year’s performance which consisted of films such as Confessions of a Shopoholic and Race to Witch Mountain.
Despite the introduction of the Disney New Generation Festival this year, Euro Disney S.C.A has reported a net loss of approximately $145 million in the first half of the 2010 fiscal year (ending March 31), compared with a net loss of approximately $108 million for the first half of 2009. While individual guest spending did increase, the overall effect was an overall 7% decline in both theme park and hotel revenues with the bulk of that being blamed on a decline of visitors from the United Kingdom.
This past Friday, hundreds of D23 members were joined by Walt Disney Company President and CEO Robert Iger, producer Don Hahn, Roy E. Disney’s son Roy P. Disney and, of course, Mickey Mouse, as they re-dedicated the Walt Disney Animation Studios building in honor of the late Roy E. Disney at the Walt Disney Studios in Burbank, California.
Pictured are (L-R): Don Hahn, Mickey Mouse, Bob Iger and Roy P. Disney. Photo courtesy of Disney.
There was little surprise yesterday about how quickly the YouTube video of a Talking Mickey character test at Disneyland garnered attention, turning just a few dozen views from when we first reported it to tens of thousands less than a day later, but realizing that there would have to at least be a patent application somewhere before the technology was debuted, we set out to find the source of the marveling magic.
The Hollywood Reporter is reporting that Bob and Harvey Weinstein, the brothers who founded Miramax and later sold it to The Walt Disney Company are about to take the reigns once more. At a reported $600 million, the Hollywood power duo will once again oversee the production and distribution company they named after their parents.
Full story here.
The Walt Disney Company announced today it will contribute $150,000 to the China Youth Development Foundation (CYDF) to help rebuild schools devastated by a powerful earthquake in the western Chinese province of Qinghai.
“On behalf of The Walt Disney Company, I extend our deepest condolences to the people of China and hope our contribution can help the children and families affected by this terrible earthquake,” said Robert A. Iger, president and CEO, who announced the donation while visiting Shanghai.