LOS ANGELES, Aug. 17 — The Walt Disney Company has donated $100,000 to the American Red Cross of Greater Los Angeles in support of the organization’s Catastrophic Disaster Plan, a disaster preparedness project to feed and shelter 250,000 people following a major disaster, such as a large scale earthquake.
The Walt Disney Company (NYSE: DIS) will announce fiscal full year and fourth quarter 2009 financial results via a live audio Webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, November 12, 2009 (results will be released at approximately 4:01 p.m. EST / 1:01 p.m. PST). To listen to the Webcast, point your browser to www.disney.com/investors. The discussion will be available via re-play through November 26, 2009 at 7:00 p.m. EST / 4:00 p.m. PST.
LAKE BUENA VISTA, Fla., August 14, 2009 – Entrepreneur Magazine’s August issue names Orlando as one of the “Top 10 Best Cities to Start a Business” and gives kudos to the Disney Entrepreneur Center for its efforts in mentoring small-business owners and directing them to the right resources.
“We are unbelievably fortunate to have community leadership that is creative, open to partnerships, and willing to give a new idea or a new business an opportunity,” says Jerry Ross, executive director of the Disney Entrepreneur Center.
The Walt Disney Company released it’s annual report today for the 3rd Quarter of the 2009 Fiscal Year. Decreases in items such advertisers and increases in items such as promotions at the parks are reasons cited for virtually every unit of the company’s decrease in revenue for the quarter.
You can access the report directly here.
HONG KONG (Reuters) – Hong Kong on Tuesday said the Walt Disney Co will invest $452 million to expand its Hong Kong theme park, seen as necessary to bolster the park’s long-term prospects against a planned rival park in Shanghai.
Hong Kong Chief Executive Donald Tsang said Hong Kong would not invest more capital in the joint venture but would convert a substantial part of its loan to the project into equity.
After Disney’s new investment and the government’s debt to equity swap, Hong Kong will see its stake in the underperforming park fall to 52 percent from 57 percent.
LAKE BUENA VISTA, Fla., June 24 — Disney Institute professional development programs will soon be offered at Learning Tree Education Centers in select cities throughout the U.S. The programs are part of a new relationship between Disney Institute — the professional development arm of The Walt Disney Company — and Learning Tree, the world’s leading vendor-independent management, business skills and IT training company.
Beginning August 2009, the relationship will bring a broad range of Disney Institute content to Learning Tree Education Centers in Atlanta; Reston, Va.; Rockville, Md.; Alexandria, Va.; Chicago; and New York City. A variety of course topics and formats will be offered, enabling individuals and intact work teams to select content that is ideally suited to meet their organizations’ needs.
Completing a process begun in January, ABC Entertainment Group President Stephen McPherson today announced the Group’s final organizational structure. Effective immediately, Business Affairs, Business Development, Casting, Program Planning, Scheduling and Distribution will be managed as integrated areas, while ABC Entertainment and ABC Studios retain separate creative teams, with each combining development and current programming roles.
In making the announcement, Mr. McPherson said: “The new organization will strengthen our position as a top quality content engine and promote a healthier business model to sustain it. The structural changes we have put in place ensure a cohesive vision from a creative, production and business standpoint, and will make us a stronger, more efficient team more seamlessly focused on common goals.”
A 5’3″ LEGO model of Buzz Lightyear, constructed from 40,000 LEGO bricks in 250 hours by 3 Master Builders, was unveiled by Disney Consumer Products at the Licensing International Expo to showcase the excitement “building” around the classic Toy Story franchise. Disney will support the franchise with the re-release of the first two movies in 3D for a two week engagement this October, a third new movie in summer 2010 and a spectacular consumer products line.
Beginning June 1, membership gift cards for D23 are available for purchase at Disney Stores in the United States, the New York City World of Disney location on Fifth Avenue as well as select locations at both the Disneyland and Walt Disney World resorts.
At the Disneyland resort, membership gift cards can be purchased at the Disneyana Shop at Disneyland, Off the Page at Disney’s California Adventure and the World of Disney at Downtown Disney.
On May 29, 2009, the folks at Pixar had the distinct honor and pleasure of ringing the closing bell on the New York Stock Exchange in honor of the opening day of UP live from their campus in Emeryville, CA. Enjoy.
Updated to higher quality video