Christine M. McCarthy has been named Senior Executive Vice President and Chief Financial Officer and Kevin Mayer has been named Senior Executive Vice President and Chief Strategy Officer of The Walt Disney Company, effective immediately, it was announced today by Robert A. Iger, Chairman and Chief Executive Officer.
Leslie Ferraro has been named President, Disney Consumer Products, effective immediately, it was announced today by Robert A. Iger, Chairman and Chief Executive Officer, and Thomas O. Staggs, Chief Operating Officer, The Walt Disney Company.
A 16-year Disney veteran, Ms. Ferraro most recently served as Walt Disney Parks and Resorts’ Executive Vice President, Global Marketing, Sales and Travel Operations, where she was responsible for leading the marketing and sales teams in developing numerous highly successful consumer campaigns worldwide.
The Walt Disney Company (NYSE: DIS) Board of Directors today declared an annual cash dividend of $1.15 per share, up 34 percent, or $0.29 per share, from the previous year. The dividend is payable on January 8, 2015 to shareholders of record at the close of business on December 15, 2014. This is Disney’s 59th consecutive dividend payment to shareholders.
‘Disney delivered the highest results in its history in Fiscal 2014, reflecting the extraordinary quality of our creative content and the unparalleled strength of our brands,’ said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. ‘We achieved record revenue, net income and earnings per share for the fourth year in a row, and we are delighted to be able to increase our shareholder dividend by 34 percent while continuing to invest for future growth.’
The Walt Disney Company Board of Directors today announced that it has extended Bob Iger’s contract as Chairman and Chief Executive Officer through June 30, 2018. Previously, Iger was expected to step down from his current positions in 2016 after already having been extended from a planned leave next year, in 2015.
Although he had no shortage of words for Disney on his Twitter account in response to Disney’s move to block his trademark registration, he and his lawyers upped the ante earlier today by serving a cease and desist letter to Disney Interactive, claiming they were engaging in both copyright and trademark infringement.
In a whopping 171-page complaint, the Walt Disney Company earlier today filed a ‘Notice of Opposition’ of trademark registration against Ronica Holdings, the corporate identity responsible for staking claim to the logo for the music artist, Deadmau5 (pronounced: Dead Mouse). First reported by Stitch Kingdom back in March, Ronica Holdings now has 40 days to respond to Disney’s claim.
Pictured left are just some of the logos cited in the notice which Disney feels demonstrates their hold on the three — sometimes ‘incomplete’ — circles that compose the silhouette of a mouse head.
We have done our fair share of trademark watching when it comes to The Walt Disney Company, and that includes disputes that arise over them as well, whichever side of the issue Disney happens to be on. Because trademark ownership requires companies take action when they feel their trademarks are potentially infringed upon, we tend to chalk most of them up to business as usual and ignore them. Sometimes we don’t. The vast majority of disputes are also usually over words. Don’t — for example — attempt to trademark anything with the word Monster in it unless you enjoy raging legal battles.
Parents, hide your vases and horse statues, you are about to receive a midi-chlorian infestation of the highest order. Just published today is a US Patent application titled ‘Immersive Storytelling Environment’ (US20140080109) and it’s a pretty amazing read. While the Disney buzzwords STORY and IMMERSIVE are generally reserved for the Disney theme parks, it appears as though Walt Disney Imagineering is now aiming for the home market.
The Walt Disney Company (NYSE: DIS) Board of Directors today declared an annual cash dividend of $0.86 per share, up 15 percent, or $0.11 per share, from the previous year. The dividend is payable on January 16, 2014 to shareholders of record at the close of business on December 16, 2013. The January payment represents the 58th consecutive dividend payment to shareholders.
‘Disney had a great year creatively and financially in fiscal 2013, delivering record revenue, net income and earnings per share for the third year in a row,’ said Robert A. Iger, Chairman and CEO, The Walt Disney Company. ‘We are pleased to be able to increase our shareholder dividend by 15 percent while continuing to invest for future growth.’