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The Walt Disney Company Announces Strategic Reorganization

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The Walt Disney Company announced a strategic reorganization of its businesses into four segments: the newly-formed Direct-to-Consumer and International; the combined Parks, Experiences and Consumer Products; Media Networks; and Studio Entertainment. The reorganization is effective immediately. Kevin Mayer, who has served as Disney's Chief Strategy Officer since 2015, has been named Chairman of the new Direct-to-Consumer and International business segment. Bob Chapek, Chairman, Walt Disney Parks and Resorts, will assume additional responsibility for all of Disney's consumer products operations globally, including licensing and Disney stores, as Chairman of the new Parks, Experiences and Consumer Products business segment. The Disney Media Networks business segment is co-chaired by Ben Sherwood, President, Disney|ABC Television Group, and James Pitaro, who was recently named President of ESPN and previously served as Chairman, Disney Consumer Products and Interactive Media. The Media Networks segment will remain virtually the same. The Studio Entertainment business segment is led by Alan F. Horn, Chairman, The Walt Disney Studios, and remains virtually the same, with the exception of the management of program sales moving to the Direct-to-Consumer and International business segment.
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The Walt Disney Company Commits More Than $100 Million to Bring Comfort to Children and Their Families in Hospitals

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Mark A. Wallace, President and CEO of Texas Children’s Hospital (left) and Disney Chairman and CEO Robert A. Iger (right) were joined by Mickey Mouse and hospital patients at an event taking place this morning at Texas Children’s Hospital. Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company, today announced an innovative … Continue reading "The Walt Disney Company Commits More Than $100 Million to Bring Comfort to Children and Their Families in Hospitals"
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THE WALT DISNEY COMPANY AND KTRK-TV HOUSTON COMMIT TO $1 MILLION FOR HURRICANE HARVEY RELIEF

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The Walt Disney Company and its owned ABC television station KTRK in Houston today jointly announced a $1 million cash commitment to the American Red Cross in support of recovery efforts for communities affected by Hurricane Harvey. In addition, on Thursday, August 31, Disney|ABC Television Group (DATG) will host a "Day of Giving" to benefit those impacted by the hurricane. Starting in the morning with ABC local affiliates and Good Morning America, and throughout the day on ABC, Freeform, Radio Disney and across all DATG social platforms, there will be a call-to-action to donate to the American Red Cross, with those dollars going to benefit those most impacted. Eligible Disney employee donations to the American Red Cross and other qualified organizations involved in the Hurricane Harvey relief effort will be matched dollar for dollar by Disney Employee Matching Gifts: A Program of The Walt Disney Company Foundation.
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D23 Expo: “Level Up! The Walt Disney Company’s Video Game Showcase”

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Expo time has arrived! That once-every-two-year weekend where D23 throws a huge celebration of all things Disney for just you and around 65,000 of your closest friends. I attended all Expo weekend and will be reporting back on the highlights. So Saturday was an exceptionally busy day as far as panels went, and made for … Continue reading "D23 Expo: “Level Up! The Walt Disney Company’s Video Game Showcase”"
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Walt Disney Company Reports Second Quarter Earnings

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Last week, The Walt Disney Company (NYSE:DIS) reported quarterly earnings for its second fiscal quarter ended April 1, 2017. Diluted earnings per share (EPS) for the quarter increased 15 percent to $1.50 from $1.30 in the prior-year quarter. The Walt Disney Company hosted a conference call via a live Webcast; the discussion is archived at … Continue reading "Walt Disney Company Reports Second Quarter Earnings"
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The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as Chairman and CEO to July 2, 2019

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The Walt Disney Company Board of Directors announced last week that it has extended Robert A. Iger's contract as Chairman and Chief Executive Officer to July 2, 2019. Since Iger, 66, became CEO, The Walt Disney Company has been recognized as one of the "Most Reputable Companies" in both America and the world by Forbes magazine (2006-2017); one of "America's Most Admired Companies" by Fortune magazine (2009-2017); one of the "World's Most Respected Companies" by Barron's (2009-2016); one of the "Best Places to Launch a Career" by BusinessWeek magazine (2006-2010); and as "Company of the Year" by Yahoo Finance (2013).
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Walt Disney Company Donates $1 Million to OneOrlando Fund

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Today, the Walt Disney Company is announcing a $1 million cash commitment to the OneOrlando Fund, established by Orlando Mayor Buddy Dyer to assist those affected by the tragic events in Orlando. Also, eligible donations from Disney employees will be matched dollar for dollar by Disney Employee Matching Gifts: A Program of The Walt Disney … Continue reading "Walt Disney Company Donates $1 Million to OneOrlando Fund"
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Jack Lindquist: A rich legacy and a fun-filled career with the Walt Disney Company

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Jack Lindquist and Mickey Mouse appear at a function held at Chapman University in Orange, Calif., where Jack was a trustee. [Courtesy of Chapman University] CHUCK SCHMIDT / Still Goofy About Disney AllEars.Net Guest Blogger In May of 2011, at Walt Disney World’s 40th anniversary celebration, Jack Lindquist had this to say about fellow Disney … Continue reading "Jack Lindquist: A rich legacy and a fun-filled career with the Walt Disney Company"
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