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Exclusive: Disney inks major advertising deal with The Trade Desk
By: Axios | July 12, 2022
Disney has reached an agreement with The Trade Desk, a global ad tech company, that makes it possible for brands to target automated ads across Disney properties using data matched on the back end from Disney and The Trade Desk.
Why it matters: This is one of the largest media-business efforts yet to craft a new ad-targeting system as third-party tracking fades away, and it's likely to trigger a series of similar partnerships between major media companies and other big ad tech firms.
• Rita Ferro, Disney’s president of advertising sales for its media and entertainment distribution arm, said the company will be talking to other distribution partners about similar deals moving forward.
• Automation allows Disney to sell more ads at scale, and partnerships like the one brokered with the Trade Desk will make it easier for advertisers to buy automated ads without sacrificing the ability to target them narrowly.
Details: The deal integrates data from Disney’s Clean Room, a privacy-conscious repository of first party data, or data Disney gathers directly from its users with their consent, and matches it with personalized data that‘s been created through an industry framework called the Unified ID 2.0, which The Trade Desk has championed.
• The deprecation of third-party tracking cookies has forced advertising companies to come up with alternative ways to target ads using either first-party data sets like Disney’s or alternate data identity solutions like Unified ID 2.0.
Between the lines. The deal will help Disney achieve its goal of shifting more than 50% of all of its advertising sales to automated buying.
• Disney said last year its goal is to sell more than half of its ads in automated fashion in the next four years. Last year, more than 40% of the ad inventory Disney sold during its upfront advertising sales event was automated.
• The company has yet to reveal how much ad inventory it sold during its upfront presentation this year — rival NBCU recently said it sold more than $1 billion — but Ferro implied it would be a “nice announcement.”
The big picture: The deal comes as the streaming advertising landscape grows more competitive.
• Disney has long led the industry in digital television advertising, but now more big streamers, including Netflix, are looking to integrate digital advertising into their streaming solutions.
• Asked about Netflix’s foray into advertising, Ferro said, “I love our hand right now": ”We’re in a really good place with the investments we've made” and “in the partnerships we have in place to make sure that we're delivering for our partners.”
• For now, automated advertising is still a small portion of the overall television advertising thats sold in the U.S., but it’s expected to grow significantly as more TV companies and advertisers invest in automated technology.
Bottom line: “I think there's a lot of folks kind of sitting there waiting for some of this stuff to play out in the identity [personalized data targeting] landscape. But we're not waiting,” said Tim Sims, chief revenue officer at The Trade Desk.
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Trouble at Disney Will Not Go Away
By: 24/7 Wall St. | July 11, 2022
Despite the best efforts of Walt Disney Co. (NYSE: DIS) management and board, the company’s poor image on Wall Street will not go away. Its stock, down 45% in the past year, refuses to post even the weakest rally. Its shares are also down over the past month.
Disney’s board made the unexpected move of giving a three-year contract extension to CEO Bob Chapek.
Disney’s problems can be divided into three pieces. One is that earnings fell in the most recent quarter, down 48% to $0.26 per share. The second is that the company’s advertising revenue likely will be hit by a recession.
The third problem is the worry that the streaming media business in America is saturated. Certainly, the most recent numbers from Netflix show that. While Disney has 205 million subscribers, the figure grew very slowly in the most recent quarter.
There continues to be the nagging issue that Chapek is not as talented a chief executive as his predecessor, Bob Iger, who ran Disney from 2005 until 2020. Iger was one of the great entertainment CEOs of the 21st century. As Disney navigates a tough period, he would come in handy.
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$DIS no change, 21D still resistance
By: Options Mike | July 9, 2022
• $DIS no change, 21D still resistance.
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Walt Disney (DIS) Given New $145.00 Price Target at Citigroup
By: MarketBeat | July 7, 2022
• Walt Disney (NYSE:DIS - Get Rating) had its price target decreased by stock analysts at Citigroup from $165.00 to $145.00 in a research note issued on Thursday, The Fly reports. Citigroup's target price points to a potential upside of 50.92% from the stock's current price...
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Disney says Disneyland's Facebook, Instagram accounts hacked
By: Reuters | July 7, 2022
Disneyland Resort's Facebook (NASDAQ:META) and Instagram accounts were hacked earlier on Thursday with a series of inappropriate posts that were subsequently taken down, Walt Disney (NYSE:DIS) Co said.
"We worked quickly to remove the reprehensible content, secure our accounts, and our security teams are conducting an investigation," the entertainment giant said in a statement.
Screenshots of the Instagram posts, which were posted online, contained profane and racist posts made by a person claiming to be a "super hacker here to bring revenge upon Disney land."
Disneyland has about 8.4 million followers on Instagram.
Facebook and Instagram's parent company Meta Platforms Inc did not immediately respond to a Reuters request for comment.
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Investors in Disney have watched a huge portion of the company’s value be destroyed
By: 24/7 Wall St. | July 4, 2022
Long-time shareholders of The Walt Disney Company are enraged. Its shares are down 45% over the last year, and much more from when they peaked last November. Disney has lost over $150 billion of its market cap since then.
Disney was the envy of the multimedia industry for years. Under former CEO Bob Iger, it bested the results of other industry giants from Time Warner, to Fox, to Paramount, to CBS. Its studios put out a string of wildly successful films from franchises which included Pixar, Star Wars, and Marvel.
However, Disney’s theme parks were almost decimated by the COVID-19 pandemic. It had to shutter these parks and lay off tens of thousands of people. Over the last several months traffic to these parks has moved up to near pre-pandemic levels but may level off.
Disney’s most recently reported quarter was mediocre, given that it was rebounding from the COVID-19 pandemic. Revenue rose 23% to $19.2 billion. Net income fell 48% to $470 million. Bob Chapek, the company’s CEO commented: “Our strong results in the second quarter, including fantastic performance at our domestic parks and continued growth of our streaming services—with 7.9 million Disney+ subscribers added in the quarter and total subscriptions across all our DTC offerings exceeding 205 million—once again proved that we are in a league of our own.”
What Chapek did not say is that the growth of Disney+ slowed considerably. In a crowded field dominated by Netflix and Amazon Prime, the sharp increase in Disney+ subscribers, until recently, is probably over. Disney has bet its future on the digital world, and that is not paying off.
Michael Morris, and analysts at Wall St.’s Guggenheim, recently downgraded Disney shares. He expressed concern that traffic to Disney theme parks will not improve much. He also worries about the billions of dollars the company must spend to maintain the growth of Disney+.
Investors in Disney have watched a huge portion of the company’s value be destroyed. If Morris is right, that is not over.
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Walt Disney (DIS) PT Lowered to $125.00 at Morgan Stanley
By: MarketBeat | June 30, 2022
• Walt Disney (NYSE:DIS - Get Rating) had its price target cut by research analysts at Morgan Stanley from $170.00 to $125.00 in a research report issued to clients and investors on Thursday, The Fly reports. Morgan Stanley's price target suggests a potential upside of 30.68% from the company's previous close...
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With Stock Down 45%, Disney Gives CEO New Contract
By: 24/7 Wall St. | June 29, 2022
Chief executive officers at America’s big companies often get obscene pay packages paying them tens, if not hundreds, of millions of dollars a year. Shareholders often vote against these, but boards rarely pay attention. If 2021 did not set a record for CEO pay, it came close.
However, the latest deal for Disney CEO Bob Chapek takes obscene to an entirely new level. Disney’s shares are off 45% in the past year. The renewal is for three years. Susan Arnold, Disney’s board chair, commented “Disney was dealt a tough hand by the pandemic, yet with Bob at the helm, our businesses — from parks to streaming — not only weathered the storm, but emerged in a position of strength.” In fact, the comment is incorrect.
Disney’s failure goes beyond Chapek’s mishandling of a battle in Florida over a bill that would undercut the rights of schools to teach about gender identity. Chapek sat on the sidelines until his own employees protested.
The growth of online streaming system Disney+ has slowed. It will be blocked by stiff competition from Netflix, Amazon and other streamers. This is not a reason to punish Chapek, but he has not offered a strong strategy to help Disney increase subscribers substantially.
For years, Disney has been among the most admired companies in America. Chapek has killed that and had his contract renewed at the same time.
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$DIS 1.22 million share #darkpool print at $95.92
By: Money Flow Mel | June 28, 2022
• $DIS 1.22 million share #darkpool print at $95.92.
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Child-grooming Backlash — Disney Stock Collapsed Nearly 50% in Year
One year ago, a share of Walt Disney Co. stock was worth nearly $180.00. Today, it’s worth — laughably — just $93.
As Red State, who first reported on this, points out: “Disney stock has plummeted nearly 50 percent as their political-infused productions continue to turn away audiences and garner angry fan reactions.”
I’ll get to that in a moment, but let’s not forget Disney’s decision to come out in favor of grooming prepubescent children grooming with gay porn in schools. As I wrote in March, that was the brand game-changer of all brand game-changers. What Disney has done is like Skippy putting dog poop in its peanut butter, like tofu putting meat in its tofu, like Charmin putting sandpaper in its toilet paper….
By openly embracing child grooming, Disney has imploded everything the Disney brand stands for. This company is no longer a safe bet. Instead, it has betrayed itself and its customer base: normal, everyday, American families—you know, the 99 percent of families who would never expose a small child to a drag queen.
Allow me to put it this way… When Disney can’t open the latest chapter of its most iconic animated franchise — Toy Story — it’s all over. Disney’s woketardery has already destroyed Star Wars as a film franchise, and the Marvel Cinematic Universe has been hit (Dr. Strange 2) and miss (The Eternals).
Disney is now toxic, is now harmful to your children, a danger to your kids, a grooming outfit backed by billions of dollars looking to twist your child into a psychologically-damaged sexual being it can exploit and abuse.
And now Disney is worth about half of what it was worth a year ago.
Cathie Wood's ARK Invest Sells 76,387 Shares of Walt Disney Co. (DIS)
By: Ark Invest Daily | June 21, 2022
• Cathie Wood & Ark Invest's trade activity from today 6/21.
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Walt Disney Weekly. #DIS weekly wedge showing positive divergence
By: ReciKnows | June 21, 2022
• $DIS Weekly. #DIS weekly wedge showing positive divergence. Needs to hold > 92, next support below 79/81.
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Walt Disney (DIS) Just can't find buyers. 95 a big level if not Pandemic lows @ 80
By: Options Mike | June 20, 2022
• $DIS Just can't find buyers. 95 a big level if not Pandemic lows @ 80
RSI has been over sold for weeks and no real bounce...
Avoiding for now.
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Outstanding Shares: 1.69B
Institute Own: 63%
Address: 500 S. Buena Vista St
BURBANK, CA 91521-0001
Website: http://thewaltdisneycompany.com
Full Description:
The Walt Disney Company, incorporated on July 28, 1995, together with its subsidiaries, is a diversified worldwide entertainment company.
The Company operates in five business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive.
The Company has a 63% effective ownership interest in Disneyland Paris, a 5,510-acre development located in Marne-la-Vallee, approximately 20 miles east of Paris,
France. The Company manages and has a 40% equity interest in Euro Disney S.C.A.
The Company owns a 48% interest in Hong Kong Disneyland Resort through Hongkong International Theme Parks Limited. On November 7, 2012,
the Company sold its 50% interest in ESPN STAR Sports (ESS). On November 7, 2012,
the Company sold its 50% equity interest in ESPN STAR Sports (ESS). On December 21, 2012, the Company acquired Lucasfilm Ltd. LLC.
Media Networks
The Media Networks segment includes international and domestic cable television networks, a domestic broadcast television network, television production operations,
domestic and international television distribution, domestic television stations, domestic broadcast radio networks and stations, and publishing and digital operations.
The Company’s cable networks include ESPN, Disney Channels Worldwide, ABC Family, and SOAPnet. The Company also operates the UTV/Bindass networks in India.
The cable networks group produces its own programs or acquires rights from third-parties to air programs on its networks.
ESPN is a multimedia, multinational sports entertainment company that operates eight 24-hour domestic television sports networks: ESPN, ESPN2, ESPNEWS,
ESPN Classic, ESPN Deportes (a Spanish language network), ESPNU (a network devoted to college sports), ESPN 3D, and the regionally focused Longhorn Network
(a network dedicated to The University of Texas athletics). Disney Channels Worldwide is a portfolio of over 100 entertainment channels and/
or channel feeds available in 35 languages and 167 countries/territories and includes Disney Channel, Disney Junior, Disney XD, Disney Cinemagic,
Hungama and Radio Disney. ABC Family is a United States television programming service that targets viewers in the 14-34 demographic.
ABC Family produces original live-action programming including the returning series The Secret Life of the American Teenager, Switched at Birth,
Melissa & Joey, as well as new original series Bunheads, Baby Daddy and the reality series Beverly Hills Nannies. SOAPnet offers same-day episodes of daytime dramas
and classic episodes of daytime dramas and primetime series. Programming includes daytime dramas such as Days of its Lives, General Hospital and The Young
and the Restless and classic episodes from series such as All My Children, One Life to Live, The O.C., One Tree Hill, Beverly Hills 90210,
The Gilmore Girls, Veronica Mars and Brothers & Sisters.
Parks and Resorts
The Company owns and operates the Walt Disney World Resort in Florida, the Disneyland Resort in California, Aulani, a Disney Resort & Spa in Hawaii,
the Disney Vacation Club, the Disney Cruise Line and Adventures by Disney. The Company manages and has effective ownership interests of 51% in
Disneyland Paris, 48% in Hong Kong Disneyland Resort and 43% in Shanghai Disney Resort. The Company also licenses the operations of the Tokyo Disney Resort in Japan.
The Company’s Walt Disney Imagineering unit designs and develops new theme park concepts and attractions as well as resort properties.
The Walt Disney World Resort is located 22 miles southwest of Orlando, Florida, on approximately 25,000 acres of owned land.
The resort includes theme parks (the Magic Kingdom, Epcot, Disney’s Hollywood Studios and Disney’s Animal Kingdom); hotels; vacation club properties;
a retail, dining and entertainment complex; a sports complex; conference centers; campgrounds; golf courses; water parks;
and other recreational facilities designed to attract visitors for an extended stay.
The Company owns 461 acres and has the rights under long-term lease for use of an additional 49 acres of land in Anaheim, California.
The Disneyland Resort includes two theme parks (Disneyland and Disney California Adventure), three hotels and Downtown Disney, a retail,
dining and entertainment complex designed to attract visitors for an extended stay. Tokyo Disney Resort is located on approximately 494 acres of land,
six miles east of downtown Tokyo, Japan. The resort includes two theme parks (Tokyo Disneyland and Tokyo DisneySea); three Disney-branded hotels;
six independently operated hotels; and a retail, dining and entertainment complex.
The Disney Vacation Club offers ownership interests in 11 resort facilities located at the Walt Disney World Resort; Disneyland Resort; Vero Beach, Florida;
Hilton Head Island, South Carolina; and Oahu, Hawaii. Disney Cruise Line, which operates out of ports in North America and Europe, is a vacation cruise line
that includes four ships: the Disney Magic, the Disney Wonder, the Disney Dream, and the Disney Fantasy. Adventures by Disney offers all-inclusive guided
vacation tour packages predominantly at non-Disney sites around the world. Walt Disney Imagineering provides master planning, real estate development,
attraction, entertainment and show design, engineering support, production support, project management and other development services, including
research and development for the Company’s operations.
Studio Entertainment
The Studio Entertainment segment produces and acquires live-action and animated motion pictures,
direct-to-video content, musical recordings and live stage plays. The Company distributes produced and acquired films
(including its film and television library) in the theatrical, home entertainment and television markets primarily under the Walt Disney Pictures, Pixar and Marvel banners.
The Company produces and distributes Indian movies worldwide through its UTV banner. The Company holds a 99% interest in UTV, film production studios
and film distributors in India, which produces and co-produces live-action and animated content. During fiscal year ended September 29, 2012 (fiscal 2012),
UTV releases included Rowdy Rathore and Barfi. The Company produces and distributes both live-action films and full-length animated films. In the domestic
market, the Company distributes home entertainment releases directly under each of its motion picture banners.
The Disney Music Group includes Walt Disney Records, Hollywood Records (including the Mammoth Records and Buena Vista Records labels), Lyric Street Records,
Buena Vista Concerts and Disney Music Publishing. Disney Theatrical Productions develops produces and licenses live entertainment events.
The Company has produced and licensed Broadway musicals around the world, including Beauty and the Beast, The Lion King, Elton John & Tim Rice’s Aida,
Mary Poppins (a coproduction with Cameron Mackintosh Ltd), Little Mermaid, Newsies, and TARZAN.
Consumer Products
The Consumer Products segment engages with among others licensees, publishers and retailers throughout the world who design, develop, publish,
promote and sell a range of products based on existing and new characters and other Company intellectual property through its Merchandise Licensing, Publishing
and Retail businesses. The Company’s merchandise licensing operations cover a diverse range of product categories, which include toys, apparel, home decor and f
urnishings, stationery, health and beauty, accessories, food, footwear, and consumer electronics. Disney Publishing Worldwide (DPW) creates, distributes,
licenses and publishes children’s books, magazines and digital products in multiple countries and languages based on
the Company’s Disney-, Pixar- and Marvel-branded franchises. The Company markets Disney- and Marvel-themed products through retail stores
operated under the Disney Store name and through Internet sites in North America (DisneyStore.com and Marvelstore.com),
Western Europe, and Japan. The Company owns and operates 216 stores in North America, 106 stores in Europe, and 47 stores in Japan.
Interactive
The Interactive Games business creates, develops, markets and distributes console and handheld, games worldwide, including 2012 titles,
such as Disney Universe and Brave. The Interactive Games business also produces online games, such as Disney’s Club Penguin and Disney Fairies Pixie Hollow,
interactive games for social networking websites such as Gardens of Time and Marvel Avengers Alliance, and games for smartphone platforms,
such as Where’s My Water and Where’s My Perry. Certain properties are also licensed to third-party video game publishers. Interactive Media develops,
publishes and distributes content for branded online services intended for kids and family entertainment through a portfolio of websites including Disney.com
and the Disney Family Network. Interactive Media also provides Website maintenance and design for other Company businesses.
Officers and Directors:
Executive Chairman of the Board, Chief Executive Officer: Robert A. Iger -
Mr. Robert A. Iger is Executive Chairman of the Board, Chief Executive Officer of Walt Disney Company. Prior to that time,
he served as President and Chief Executive Officer of the Company since 2005, having previously served as President and Chief Operating Officer since 2000
and as President of Walt Disney International and Chairman of the ABC Group from 1999 to 2000. From 1974 to 1998, Mr. Iger
held a series of increasingly responsible positions at ABC, Inc. and its predecessor Capital Cities/ABC, Inc., culminating in service as President of the
ABC Network Television Group from 1993 to 1994 and President and Chief Operating Officer of ABC, Inc. from 1994 to 1999.
He is a member of the Board of Directors of Apple, Inc., the Lincoln Center for the Performing Arts in New York City and the
National September 11 Memorial & Museum. Mr. Iger has been a Director of the Company since 2000. Mr. Iger contributes to the mix of experience
and qualifications the Board seeks to maintain primarily through his position as Chairman and Chief Executive Officer of the Company and his long
experience with the business of the Company. As Chairman and Chief Executive Officer and as a result of the experience he gained in 40 years at ABC and Disney,
Mr. Iger has an intimate knowledge of all aspects of the Company's business and close working relationships with all of the Company's senior executives.
Chief Financial Officer, Senior Executive Vice President, Treasureer: Christine M. McCarthy - Ms. Christine M. McCarthy is Chief Financial Officer,
Senior Executive Vice President, Treasurer of Walt Disney Company. She has been Executive Vice President - Corporate Finance and Real Estate since June 2005
and Treasurer since January 2000. Prior to her appointment as Executive Vice President, Corporate Finance and Real Estate,
Ms. McCarthy was Senior Vice President and Treasurer from January 2000 to June 2005. She is responsible for the company wide management
of a variety of functions including corporate finance, capital markets, financial risk management, pension and investments, risk management,
global cash management, and credit and collections, as well as the real estate organization, including facilities development, operations and portfolio management.
Prior to joining Disney, Ms. McCarthy was the Executive Vice President and Chief Financial Officer of Imperial Bancorp from 1997 to 1999. From 1981 to 1996,
she held various finance and planning positions at First Interstate Bancorp. In 1993, she was elected Executive Vice President in Finance.
Ms. McCarthy is a current Board member and former Chairman of the Finance Committee of Phoenix House of California, and is also a Governor of the UCLA Foundation
and a member of its Investment Committee. In 2002, she completed terms as the Treasurer and a Director of the Alumnae Association of Smith College,
and as a member of the Smith College Investment Committee. She also served as a Board member of the Los Angeles Philharmonic Association from 1998 to 2001.
In 2003 she became a Director of the Advisory Board of FM Global. Ms. McCarthy completed her Bachelor's Degree in Biology at Smith College,
where she received an award for excellence in botany, and later earned an MBA in Marketing and Finance from The Anderson School at UCLA.
Chief Operating Officer: Thomas O. Staggs - Mr. Thomas O. Staggs is Chief Operating Officer of Company. He was Chairman, Walt Disney Parks and
Resorts of The Walt Disney Company on January 1, 2010. Mr. Staggs was Chief Financial Officer, Senior Executive Vice President of The Walt Disney Company until January 1, 2010.
He joined Disney in 1990 as Manager of Strategic Planning and soon advanced through a series of positions of increased responsibility,
becoming Senior Vice President of Strategic Planning and Development in 1995 before becoming CFO and Executive Vice President in 1998. Born in Illinois,
he received a BS in business from University of Minnesota and an MBA from Stanford University. He worked in investment banking at Morgan Stanley & Co. before joining Disney.
Chief Human Resource Officer, Executive Vice President: Mary Jayne Parker - Ms. Mary Jayne Parker is Chief Human Resource Officer,
Executive Vice President of Walt Disney Company. She designated as an executive officer of the Company October 2, 2009.
Ms. Parker was previously Senior Vice President of Human Resources for Walt Disney Parks and Resorts from October 2005 to July 2007 and
Vice President Human Resources Administration for Walt Disney Parks and Resorts from March 2003 to October 2005. Previously,
Ms. Parker served as the Senior Vice President of Human Resources, Diversity and Inclusion for Walt Disney Parks and Resorts worldwide.
She also served as a member of the Walt Disney Parks and Resorts Executive Committee. Ms. Jayne began her Disney career in 1988,
developing the programs that became a part of the Disney Institute. Over the next 20 years, she took on positions of increasing responsibility,
including Manager and Director of Disney University, Director and Vice President of Organization Improvement and Vice President of Organization and Professional Development.
Prior to joining Disney, Jayne was a consultant with Wilson Learning Corporation, where she was responsible for designing and developing media-based programs and
management development seminars for education and assessment. During that time, products she developed were awarded first and second place by the
International Television & Video Association. Ms. Jayne is a member of the American Society for Training & Development (ASTD) and has held positions with the
ASTD Instructional Technology (IT) PPA Executive Committee. She has also assisted in the design of several ASTD National Conventions. In addition,
Ms. Jayne is a member of The Conference Board's Council for Division Leaders-Human Resources. Ms. Jayne holds degrees in communications and
education, a master's in instruction design and technology and an M.B.A., all from the University of Central Florida.
Senior Executive Vice President, General Counsel, Secretary: Alan N. Braveman: Mr. Alan N. Braverman is Senior Executive Vice President,
General Counsel and Secretary of Walt Disney Company. Mr. Braverman was named executive vice president and general counsel of
The Walt Disney Company in January, 2003. Mr. Braverman serves as the chief legal officer of the company and oversees its team of attorneys responsible for all aspects of
Disney's legal affairs around the world. Previously, Mr. Braverman was executive vice president and general counsel, ABC, Inc. and deputy general counsel,
The Walt Disney Company. In that capacity he oversaw the legal affairs of the ABC Broadcast Group, ESPN and Disney/ABC Cable, as well as labor relations.
In August 1996, prior to Disney's acquisition of ABC, Inc., Mr. Braverman was named senior vice president and general counsel, ABC, Inc. In October 1994,
he was promoted to vice president and general counsel. He joined ABC, Inc. in November 1993, as vice president and deputy general counsel. In his positions with ABC, Inc.
Mr. Braverman had broad responsibilities for the operation of the legal department, for government relations and for the Corporation's legal affairs.
Mr. Braverman joined Capital Cities/ABC, Inc. from the Washington, D.C. law firm of Wilmer, Cutler & Pickering, where he started in 1976. He became a partner in 1983,
specializing in complex commercial and administrative litigation.
Before joining Wilmer, Cutler & Pickering, Braverman was a law clerk to the
Honorable Thomas W. Pomeroy, Jr., Justice, Pennsylvania Supreme Court. Mr. Braverman received a B.A. degree from Brandeis University in 1969
and worked for two years as a Vista volunteer in Gary, Indiana. In 1975, he received a J.D. degree summa cum laude from Duquesne University in Pittsburgh,
where he was also editor-in-chief of the Law Review.
Senior Executive Vice President, Chief Strategy Officer: Kevin A. Mayer - Mr. Kevin A. Mayer is Senior Executive Vice President, Chief Strategy Officer of Walt Disney Company.
He previously was Partner and Head of the Global Media and Entertainment Practice of L.E.K. Consulting LLC, a consulting firm, from February 2002,
and Chairman and Chief Executive Officer of Clear Channel Interactive, a division of Clear Channel Worldwide, a media company, from September 2000 to December 2001.
Mr. Mayer rejoined Disney from L.E.K. Consulting LLC, where he was a partner and head of the Global Media and Entertainment practice.
Prior to L.E.K., Mr. Mayer held positions at interactive and Internet businesses.
As chairman and CEO of Clear Channel Interactive he managed all aspects of new media business, including content, sales, business and technology development,
and distribution. While at Clear Channel, Mr. Mayer launched local subscription ticketing services. He also served as president and CEO of Playboy.com, Inc.
where he established the overall strategy and financial plans for the interactive business. While at Disney, Mr. Mayer worked in both strategic planning and at Walt Disney Internet Group.
At the Internet group, he served as executive vice president and as such was responsible for the operations, business plans, creative direction and
distribution of Disney's popular Web sites, including ESPN.com and ABCNews.com. Mr. Mayer first joined Disney in 1993 as manager,
Strategic Planning where he spearheaded strategy and business development for all of Disney's interactive/Internet and television businesses worldwide.
Mr. Mayer received his M.B.A. from Harvard University in 1990, and holds a M.S.E.E. from San Diego State University and a B.S.M.E. from Massachusetts Institute of Technology.
UPDATE; 07-31-2018
[-chart]media.bizj.us/view/img/10989085/fox-merger3*750xx.png[/chart]
[-chart]finviz.com/chart.ashx?t=DIS&ty=c&ta=1&p=d&s=l[/chart]
