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Disney is self destructing
"I think by this stage, Disney have squandered what audience goodwill they had left. Without a radical house cleaning and a return to making solid, non ideological, products to garner new appreciation, Disney and it's subsidiaries will fall into bankruptcy. It's a pity that George Lucas didn't have a 'mismanagement of intellectual property' clause in his sale contract. He could buy Lucasfilm back for a dollar at this point."
Agree Sucks Disney now is involved in the Jones Franchise, feel same away about Star Wars
and just a matter of time before they screw up both
Walt Disney Co. Stock Rises Tuesday, Still Underperforms Market
4:37 pm ET June 27, 2023 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Walt Disney Co. (DIS) inched 0.41% higher to $89.06 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.15% to 4,378.41 and the Dow Jones Industrial Average rising 0.63% to 33,926.74.
This was the stock's second consecutive day of gains.
Disney keeps doubling down on Kathleen Kennedy by putting her name on Indiana Jones as a producer.
She should have been fired long ago, she adds nothing! Just goes to show you they'll sweep their stupidity under the rug with her.
I'm sure Indiana will be an awesome success, but it will have nothing to do with her! She was a coffee gopher probably bl**ing her way to the top. So it's soooo moronic to attach her name to it. She's the dumbest person alive in the movie biz.
The fact that Disney is involved in any way is a shame!!!
$DIS > Shares of Walt Disney have gained +5.4% over the past six months against the Zacks Media Conglomerates industry’s gain of +6.5%. The company is benefiting from growing popularity of Disney+ core, owing to a strong content portfolio and a cheaper bundle offering.
Strong line-up of movies that include The Little Mermaid; Indiana Jones and the Dial of Destiny; Haunted Mansion, Poor Things and The Creator bodes well for the Media and Entertainment Distribution segment. Revival in Parks, Experiences and Products businesses is encouraging.
Theme Park business is likely to gain from strong demand across both the domestic and international parks. However, Disney+’s profitability continues to be negatively impacted by higher programming and production costs across Disney+, ESPN+ and Hulu. Disney’s leveraged balance sheet remains a concern.
(You can read the full research report on Walt Disney here >>>)
Nice opps here IMO. Summer here, park revs will propel the stock soon IMO.
$DIS
$DIS > Walt Disney Co. Stock Outperforms Competitors On Strong Trading Day
4:37 pm ET June 26, 2023 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Walt Disney Co. (DIS) inched 0.68% higher to $88.70 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.45% to 4,328.82 and Dow Jones Industrial Average falling 0.04% to 33,714.71.
The stock's rise snapped a five-day losing streak.
Walt Disney Co. closed $37.78 below its 52-week high ($126.48), which the company achieved on August 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc. (AAPL) fell 0.76% to $185.27, Netflix Inc. (NFLX) fell 1.91% to $415.94, and Comcast Corp. Cl A (CMCSA) rose 1.17% to $40.56.
Trading volume (13.0 M) remained 197,924 below its 50-day average volume of 13.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 26, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
Disney Celebrates the ‘Power of Joy’ at the 2023 Essence Festival of Culture™ in New Orleans
June 26 2023 - 01:00PM
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Talent From Disney’s ‘Haunted Mansion,’ ‘Marvel’s Moon Girl and Devil Dinosaur,’ ‘Star Wars: Ahsoka,’ ABC’s ‘Abbott Elementary,’ Onyx Collective’s ‘Searching For Soul Food,’ ABC News and More Are Set To Take the Stage, With Hulu Serving as the Official Streaming Destination for ‘ESSENCE Fest Primetime’
As the major entertainment sponsor of the 2023 ESSENCE Festival of Culture™ from June 29 to July 3, Disney (NYSE: DIS) returns to showcase its content and talent, celebrating the “Power of Joy” through one-of-a-kind panels, special performances, meet and greets with characters, exclusive screenings, and giveaways.
Hulu will once again serve as the official streaming destination for “ESSENCE Fest Primetime.” All Hulu subscribers will have the opportunity to join the celebration and catch exclusive virtual-only content and highlights from daytime experiences, as well as epic live performances from Ms. Lauryn Hill, Missy Elliott, Megan Thee Stallion and many more in the Super Dome. “ESSENCE Fest Primetime” will livestream on Hulu Friday, June 30, through Sunday, July 2, from 7:00 p.m.–11:59 p.m. CT. This year’s ESSENCE Fest Primetime is sponsored by Target.
Drawing more than 1.9 million in-person and virtual attendees last year, ESSENCE Festival of Culture™ is the largest annual gathering of people in the country. For more than a decade, Disney has sponsored ESSENCE Fest.
“Disney is proud to return to the ESSENCE Festival of Culture as a major sponsor and showcase the magic happening across our brands,” said Jill Estorino, president and managing director of Disney Parks International. “Through culture-defining storytelling, unforgettable experiences, and more, we are inviting everyone to experience first-hand ‘The Power of Joy’ and the many ways creativity, innovation, and contributions from Black culture are reflected across Disney.”
Offerings at this year’s festival will include the following:
Studio Showcase: “Haunted Mansion” director Justin Simien is joined by cast members LaKeith Stanfield, Tiffany Haddish and Rosario Dawson to kick off the festival on Friday with an influencer brunch at the Grand Oaks Mansion at River City Venues. The cast will take part in events and panels on Saturday and Sunday that also include special looks at the new Disney+ series “Star Wars: Ahsoka” and Walt Disney Animation Studios’ upcoming musical feature “Wish,” starring Ariana DeBose.
Disney’s “Came to Play” Booth: All weekend, festival attendees will have the chance to enter the world of Disney Parks, Experiences and Products in the convention center. The space will include surprise character appearances, fun photo opportunities, giveaways and more. Inside the booth, festivalgoers can also enjoy an immersive shopping experience featuring the latest products and books–from Black licensees and authors—available in our parks, stores and on shopDisney.com.
Film Festival: Festival attendees can also check out the ESSENCE Film Festival to catch panels and screenings with filmmakers and talent from shows, movies, documentaries and podcasts across the company, including ABC’s Janelle James, Lisa Ann Walter and Sheryl Lee Ralph of “Abbott Elementary,” Charity Lawson of the “The Bachelorette,” Chandra Wilson of “Grey’s Anatomy,” Gabourey Sidibe of “The Prank Panel” and Saycon Sengbloh of “The Wonder Years”; Disney Branded Television’s “Marvel’s Moon Girl and Devil Dinosaur”; National Geographic’s “Critter Fixers: Country Vets” and “Never Say Never with Jeff Jenkins”; 20th Television’s “THE CHI”; Lexi Underwood from Freeform’s “Cruel Summer”; Ashleigh Murray and Sinclair Daniel along with executive producer and author Zakiya Dalila Harris of the upcoming Hulu series “The Other Black Girl.”
ESSENCE Stage: ESSENCE stage activations include a special fashion show celebrating 100 years of Disney and inspired by 50 years of hip-hop taking place on Friday, July 29. Throughout the weekend, Disney will host panels featuring Disney creators and collaborators from across the company. Panels and special moments include a Q&A session on Disney vacations across the globe, a Celebrate Soulfully Parks showcase that highlights the experiences of black culture and heritage at Walt Disney World and Disneyland Resort, the long-standing career mentorship program for black students, Disney Dreamers Academy, will host panel discussion, special performances and more. On Saturday, July 1, Hulu will showcase its “Black Stories Always” initiative, a year-round commitment to authentic representation both in front of and behind the camera. This one-hour programming block will include three inspiring panels featuring representatives from Hulu and Onyx Collective content and conversations surrounding Black storytelling and experiences of every facet, color, and shade of Blackness.
Black Authors: Book lovers can check out authors R.K. Russell (“The Yards Between Us”) and Marisa Moore (“The Plant Love Kitchen”) on the Black Storytelling panel moderated by the executive editor of Andscape Books, Aliya King Neil, and attend a book signing immediately following the panel. Disney Publishing Worldwide will also be celebrating titles by several authors in addition to Russell and Moore in the Disney Retail Showroom, including ABC News’ Deborah Roberts’ “Lessons Learned and Cherished” and Tre’vell Anderson’s “We See Each Other.” Books for audience giveaways will be shared with fans throughout the weekend.
ABC News and Owned Television Stations: ABC News’ Janai Norman, co-anchor of the “Good Morning America” Saturday and Sunday broadcasts, will anchor Saturday from the Convention Center, plus join ESSENCE Stage later in the day as host and panel moderator. New York’s WABC-TV Channel 7 Eyewitness News anchor Sade Baderinwa and Los Angeles’ ABC7 anchor Rachel Brown will also moderate panels and report from the festival. ABC Owned Television Stations, in partnership with Microsoft Philanthropy, will offer an exclusive preview of the new Our America series “In The Black,” focusing on financial empowerment with actress Phylicia Rashad.
Executive Panels: Disney will host a series of panels at the Global Black Economic Village and across the festival, featuring executives sharing their personal and professional insights as leaders and role models at Disney. Attendees are invited to curated conversations and panels on sisterhood in the workplace, supporting supplier diversity, and investing in Black businesses and communities.
For more, please visit here and follow on all social platforms with #DisneyxEssence.
About The Walt Disney Company
The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise that includes three core business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences and Products. Disney is a Dow 30 company and had annual revenues of $82.7 billion in its Fiscal Year 2022.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230626046400/en/
Denise Horn
Denise.Horn@disney.com
Disney's slate of failed films over the past year has included:
* Turning Red, a metaphorical animated film exploring female puberty and menstruation. The movie lost $168 million.
* Lightyear, which featured a lesbian relationship and was released right after their fight with Florida. Disney was also accused of removing Tim Allen as the voice actor for the popular Buzz Lightyear character because of his conservative leanings. The movie lost at least $106 million.
* Strange World, another animated children's film featuring thinly veiled climate change propaganda as well as a prominent LGBT relationship involving teen boys. One of the biggest flops in Disney history with a loss of $197 million.
* Peter Pan And Wendy, a live action adaptation of the classic, was offloaded quickly to Disney's streaming service and received dismal audience reviews. The movie boasted a race swapped Peter Pan, race swapped Tinkerbell, gender swapped “lost boys,” and a Mary Sue-like Wendy that battles 200 pound pirates with her sword fighting skills.
* The Little Mermaid, a live action adaptation, race swapped the classic Dutch fairy tale character and changed the message of the story from a mermaid seeking the love of a prince to “she don't need no man to save her.” The movie lost at least $20 million.
* Indiana Jones And The Dial Of Destiny, a film which attempts to undermine and deconstruct its title character and replace him with an anti-capitalist feminist activist, has been met with thumbs down from audiences along with general disdain. It is expected to lose hundreds of millions of dollars for Disney due to its massive budget.
* Elemental, a ham-fisted commentary about racism with Disney's first animated “non-binary” character, is crashing at theaters and is expected to lose tens of millions of dollars. The movie also had the 2nd worst box office debut in Pixar history, a company that was once seen as a sure thing.
AT THIS RATE DISNEY WILL GO INSOLVENT!!!!!!!!!!!!!
NICE DAY MOUSE!!!!!!!!!!!!!!
THANK YOU DISNEY FOR YOUR SUPPORT AND PROMOTION OF EQUALITY FOR *** ALL AMERICANS *** !!!!!!!!
NOW WHO WOULD BE AGAINST THAT?????? OOOOPSIES!!!!!! THATS SOOOOOOOOO SAD!!!!!!!!!!!!!
I TOLD YOU!!!!!!!!!
DO YOU NOT UNDERSTAND?????????????????
MOUSE IS THE BEST AND NEVER LOSES!!!!!!!!!!!!!! GREAT COMPANY, GREAT LEADERSHIP!!!!!!!!!!!
LET'S GO MOUSE!!!!!!!!!!!!
YOU'RE DISGUSTING DISNEY!
Disney = Woke Enron
You say?
AMERICA FIRST!
TO SOME, AS WE KNOW, IT WAS ALWAYS JUST A HOLLOW CHANT....
FOR ME, PATRIOT AND RED BLOODED AMERICAN, I *** STAND WITH DISNEY ***, A GREAT AMERICAN COMPANY, TAKING HEAT FOR STANDING FOR *** EQUALITY FOR ALL AMERICANS *** !!!!!!! WHAT?????????
DOESN'T GET ANY MORE AMERICAN THAN THAT!!!!!!!!!! THANK YOU MOUSE!!!!!
THE MOUSE, ENORMOUS POTENTIAL WITH DISNEY, WILL BE HERE LONG AFTER ALL OF US ARE GONE!!!!!!!
IT'S MOUSE MOVIE WEEKEND!!!!
GREAT OPPORTUNITY!!!!!!!!!!!
GOOOOOOOOOOOOOOOO MOUSE!!!!!!!!!!
DIS SHAREHOLDER ALERT: Jakubowitz Law Reminds Disney Shareholders of a Lead Plaintiff Deadline of July 11, 2023
EXPECT MORE LAWSUITS TO FOLLOW
Truth >> DISNEY ****A once American Company that has been Hijacked by Multi National Corporations pushing A Marxist Woke Agenda that is Anti-family Anti Humanity*****!!!!!!!!
No matter how many time you repeat LIES it will never make them True
$DIS Over the last two years, a bearish MACD cross on Disney has very reliable short signal, with a 75% win rate on -16% DD
By: TrendSpider | June 22, 2023
• $DIS Over the last two years, a bearish MACD cross on Disney has very reliable short signal, with a 75% win rate on -16% DD.
The price explorer is showing the mean & median change %'s could bring the mouse to new 52-week lows.
Read Full Story »»»
DiscoverGold
Technically if 80 breaks, you will see 60 stock price and then possible 40 retest
If 60 support fails 40's possible Big Problems here
Pull up a 20 yr chart , its all there plain to see
Disney more problems mounting credit rating at risk
They spent Billions on movies, content, Starwars hotel
and they are scrambling to cut costs and get pennies on dollar back
That is a sign of big trouble
DISNEY **** PROUD AMERICAN ***** COMPANY!!!!!!!!
EMPLOYS OVER 160,000 ****AMERICANS**** WITH FANTASTIC JOBS!!!!!!!!!!!!
WOW!!!!!!!!!!!!!! THAT IS FANTASTIC!!!!!!!!!!!!!
WHO RAILS AGAINST AMERICAN COMPANIES????????
NASTY!!!!!!!!!!!!!!!
GOOOOOOOOOOOOOOOOOOOOOOOO MOUSE!!!!!!!!!
Woke Disney Chief Diversity Officer Latondra Newton Quits After Pair Of Box Office Bombs.
Yes, we are at that point in the identity politics/DEI cycle where companies - in addition to CEOs, COOs, CIOs, and so on - now have Chief Diversity Officers; and no, that paragon of youthful grooming, Disney, no longer has one. That's because the chief diversity officer and senior vice president of Disney, Latondra Newton, is leaving her role after more than six years, Deadline reported citing an internal memo.
Coleman wrote that Newton “decided to leave The Walt Disney Company to pursue other endeavors.” Newton plans to join the corporate board of another company and focus on the creative company she owns. It wasn't clear if she would hire Alissa Heinerscheid, best known for single handedly destroying Bud Light and Tranheuser Busch with her Dylan Mulvaney influencer campaign.
Newton had, since 2017, led Disney's diversity and inclusion initiatives, coordinating with various teams to produce entertainment "that reflects a global audience and sustains a welcoming and inclusive workplace for everyone," as per a profile on the company's website.
Her time at Disney included co-signing with Bob Iger and Bob Chapek the May 2020 memo to Disney staff in the wake of the George Floyd killing, titled “Resolve in the Time of Unrest.” In it, the trio pledged “to use our compassion, our creative ideas and our collective sense of humanity to ensure we are fostering a culture that acknowledges our people’s feelings and their pain. We also realize that now more than ever is the time for us all to further strengthen our commitment to diversity and inclusion everywhere.”
Before Disney, Newton was Group Vice President, Social Innovation and Chief Diversity Officer. Toyota Motor North America, Inc. and Chief Program Officer, Toyota Mobility Foundation, Toyota Motor Corporation. She began her career at Toyota in 1991.
Newton's departure follows two high-profile ultra-woke box office bombs. "The Little Mermaid," which has been a box office failure after its release last month, featured Black American singer Halle Bailey as Princess Ariel, highlighting the woke company's desperate attempts to rewrite history. The movie needs to gross over $560 million to reach its production and marketing threshold.
This was followed by an even more catastrophic release of the Disney Pixar movie Elemental that features a non-binary character using they/them pronouns; The production, which also features characters ‘tackling’ racism and xenophobia, ranks as one of the lowest box office debuts for a Pixar movie ever. They spent around $200 million making it. It opened with a $29.5 million recoup.
"American Horror Story" and "Monster: The Jeffrey Dahmer Story."
DIS needs more horror writers since Disney itself is an American Horror Story.... the show AHS is filth! Naturally DIS would gravitate toward Ryan Murphy.
Not only that, they fudge the books going back decades claiming they made a profit when they didn't.
ENRON 2.0
$DIS > Disney Looks To Rope In Famed TV Producer Ryan Murphy From Netflix
12:36 pm ET June 21, 2023 (Benzinga) Print
Walt Disney Co (NYSE: DIS) continues to witness high-profile entry and exit of officials. The company is amid discussions to swoop television producer Ryan Murphy from Netflix Inc (NASDAQ: NFLX), known for hit franchises like "American Horror Story" and "Monster: The Jeffrey Dahmer Story."
Murphy's 5-year deal with Netflix expires at the end of June, the New York Times cites familiar sources.
No deal is likely pending the resolution of the screenwriters' strike in Hollywood.
Also Read: From Screen to Stream: Disney Axes Titles and Jobs in Multi-Billion Dollar Cost-Cutting Crusade
A deal with Disney would formally reunite Murphy with executives he worked closely with for over a decade.
Murphy, who continued making shows for Disney even though he was under contract with Netflix — would likewise continue to produce shows for Netflix after a move to Disney.
A separate report indicated Disney's chief diversity officer and senior vice president, Latondra Newton, is leaving her role after more than six years.
Newton plans to join the corporate board of another company and focus on the creative company she owns, Reuters cites familiar sources.
Julie Merges, the senior vice president of talent acquisition, will manage Newton's responsibilities interim.
Last week Disney's CFO disclosed plans to step down with veteran Kevin Lansberry to take charge as the interim CFO, effective July 1. McCarthy joined Disney in 2000 as Treasurer and became CFO in 2015.
DIS Yes they are clueless, a bunch of 
After that wait for another round of Law Suits
When 80 breaks you will have support in the 60s
After that wait for another round of Law Suits
DIS > Disney's streaming opportunity might be misunderstood. Here's why.
11:11 am ET June 20, 2023 (MarketWatch)
Print
By Emily Bary
Analyst cheers company's success with bundles but throws cold water on the potential for success with a stand-alone ESPN streaming service
Wall Street seems to have "largely written off any optimism" about Walt Disney Co.'s streaming business, but such a view is misguided, according to one analyst.
SVB MoffettNathanson's Michael Nathanson said Tuesday that while Disney's (DIS) "stock price, weak subscriber data, and the recent inconsistent management comments about their streaming strategy" have sparked caution, the company's bundling strategy could yield nice results.
"Given our historical doubts about these streaming business models, we completely understand" why investors have soured on the streaming opportunity, Nathanson wrote in a note to clients. "Yet, we think there is a Much Better Opportunity here than meets the eye."
See also:Disney's story gets 'another wrinkle' as CFO transition adds to laundry list of uncertainties
A bundle including programming from Hulu, Disney+ and ESPN+ "will deliver enough premium content to reduce churn, aggregate engagement, and generate substantial non-programming cost savings," in Nathanson's view. He added that Disney is already meaningfully below the industry when it comes to churn, or the portion of subscribers who leave a service.
His analysis of company commentary and third-party data suggests it's "clear that the stability over the past year in subscribers has come from additional bundled subscriber growth of the three-service bundle (D+, Hulu, and ESPN+) and more modestly two-service bundle (D+ and Hulu) helping offset the decline in standalone services, especially since the price hikes at the end of last year."
Nathanson had been worried that linear distributors would punish companies that put premium spots into their streaming services, but so far consequences have been light, he noted. That means that Disney could perhaps "create more stickiness and audience flow integrating ESPN into Hulu and Disney+ than trying to build a [stand-alone] premium service," he reasoned.
Don't miss:Streaming nirvana is about to become more expensive -- and offer less content
Disney reportedly is thinking more seriously about turning its flagship ESPN into a stand-alone streaming product, but Nathanson says a "a sports-only streaming app is a tough model."
He rates the stock at outperform but cut his price target to $120 from $127 Tuesday, in part due to expectations for a higher tax rate.
-Emily Bary
This content was created by MarketWatch
DIS is DISgusting ! Rotten to its core !!
DISNEY - AMAZING EMPLOYER OF OVER 160,000 AMERICANS!!!!!!!
WOW!!!!! WHAT A FANTASTIC COMPANY!!!!!!!!!!!
SOME FALL FOR NASTY PROPAGANDA, WANT TO SEE DISNEY FAIL!!!!!!!!!! WOW!!!!! THAT IS VERY UNAMERICAN!!!!!!!!!!
AND SO VERY SAD!!!!!!!!!!
GO MOUSE GO!!!!!!!!!!! STRONG, RED BLOODED AMERICANS SUPPORT DISNEY!!!!!!!
ROTFLMAO "There is some Support at 60s " Enough Said
$
WOKE = BROKE > Pixar’s ‘Elemental’ Falls Flat, Adding to Worries About the Brand
Pixar another shot to DESTROY Brand
https://www.nytimes.com/2023/06/18/business/pixar-elemental-the-flash-box-office.html
DISNEY MOVIES ARE BANKING!!!!!!!
MORE POPULAR THAN EVER!!!!!!!!!!!!
GREAT MOVIES, GREAT THEME PARKS, GREAT ETHICS & MORALS!!!!!!!!!!
WOW!!!! GREAT ***** AMERICAN **** COMPANY!!!!!!!!!!!!!!
WHY DO SOME HATE **** AMERICAN COMPANIES **** SO MUCH?????
THAT IS SAD!!!!!!
GOOOOOOOOOOOOOOOOOOOOOO MOUSE!!!!!
ROTFLMAO Down
Disney Is Maintained at Buy by Loop Capital
11:49 am ET June 16, 2023 (Dow Jones) Print
Ratings actions from Benzinga: https://www.benzinga.com/quote/DIS/analyst-ratings
(END) Dow Jones Newswires
June 16, 2023 11:49 ET (15:49 GMT)
DISNEY PLANNING MAJOR EXPANSION IN CALIFORNIA!!!!!!!!
OUCH! THAT IS GONNA LEAVE A MARK, FLORI-DUH!!!!!!!!!! HAHAHAHAHA!!!!!!!!!
MASSIVE JOBS, MASSIVE TAX REVENUE FOR CALI !!!!!!!!!!!!!!!!
THAT'S WHAT EQUALITY FOR *** ALL **** DOES!!!!!!! NICE WORK DISNEY!!!!!!!!!!!
I TOLD YOU!!!!!!!!!!!!!!!!!
Mouse hitting on all cylinders, more popular than ever!
DIS > Disney and Pixar Hope To Spark Animation Revival With 'Elemental'
9:19 am ET June 15, 2023 (Benzinga) Print
Walt Disney Company (NYSE:DIS) and subsidiary Pixar are hoping to break out of their recent animation rut with the release of their latest feature, “Elemental.”
The film, a romantic immigrant story told through anthropomorphic elements of nature, comes at a time when Disney is under pressure to prove its animation prowess amidst stiff competition from Universal’s Illumination and DreamWorks.
What Happened: Disney’s Pixar studio is looking to rebound from the box-office disappointment of “Lightyear,” which garnered just $226.7 million at the global box office in 2022, a fraction of what past Pixar films have generated.
“Elemental,” Pixar’s 27th feature film, is expected to debut between $35 million and $45 million domestically, according to industry analysts, CNBC reports. This is in the midrange for a typical Pixar release but well shy of the $120.5 million that Sony’s animated “Spider-Man: Across the Spider-Verse” picked up during its opening weekend earlier this month.
Why It Matters: Disney’s recent struggles with animation have been notable, with the company facing significant competition from other studios.
Universal’s Illumination and DreamWorks have been particularly successful, with hits like “The Super Mario Bros. Movie,” “Puss in Boots: The Last Wish,” and “Minions: The Rise of Gru” dominating the box office. This has put pressure on Disney to deliver with its upcoming releases.
The underperformance of “Lightyear” at the box office was a significant blow for Disney. The film, which was released a year ago, had a reported budget of $200 million and garnered a modest worldwide box office revenue of $226.7 million. The film’s underperformance was partly attributed to its inability to be screened in 14 Middle Eastern and Asian countries due to its depiction of a same-sex relationship, as reported by Benzinga.
Disney’s strategy during the pandemic of streaming-only distribution for several of their well-reviewed films, including “Soul,” “Luca,” and “Turning Red,” has also been cited as a factor in the company’s recent animation struggles. When “Lightyear” went to theaters, consumers were used to Pixar films going straight to streaming, leading to confusion and lackluster ticket sales.
Disney is hoping that “Elemental” will mark the start of a new era of animated success for its studios. With more family films in theaters after a drought in the slate, the company will have an easier time marketing its upcoming features to theatrical audiences.
The company is set to release the Disney Animation film “Wish” in cinemas over Thanksgiving and has two more Pixar films slated for 2024 — “Elio” and a sequel to “Inside Out.”
YUP!!!! MOUSE NEVER LOSES!!!!!!!
I TOLD YOU!!!!
DO YOU NOT UNDERSTAND??????
DISNEY - BEST ETHICS AND MORALS, WHAT A FANTASTIC COMPANY!!!!!!!!!!!!!
THANKS MOUSE!!!!!!!!!!!!!!!!!!
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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
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