Inasmuch as you can hang a dollar value on it, the market currently values the Walt Disney Company (NYSE:DIS) — the company behind many of our fondest childhood memories — at a cool $175 billion.
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Disney’s (DIS) board of directors this week bought themselves more time before having to make the big, seemingly impossible decision as to who will succeed Bob Iger as CEO. In the coming weeks, legions of Disney watchers will attempt to read corporate tea leaves much as the CIA tried for years to gauge who would lead the Politburo during the Cold War.
Walt Disney Co. on Friday tightened its grip on Euro Disney SCA and said it would support a cash injection of up to EUR1.5 billion ($1.6 billion) to fund improvements and reduce debt at the struggling French theme park.
In 1944, Disney re-released Snow White and the Seven Dwarfs into theaters nationwide. The film had been a sensation during its original 1937 release — in addition to being a virtuoso technical achievement as the first feature-length animated film, it was also a critical darling and commercial smash.
Walt Disney’s Rogue One: A Star Wars Story earned another $7.036 million (-48%) over the weekend even as it lost 559 theaters.
Disney ranked the most intimate brand among millennials, according to MBLM’s Brand Intimacy 2017 Report, which is the largest study of brands based on emotions. Brand intimacy is defined as a new paradigm that leverages and strengthens the emotional bonds between a person and a brand.
“Disney resonates with this age group because they grew up with the brand. It has kept up with their changing interests and now includes popular franchises like Star Wars and Marvel. Disney is also a mainstay for young families,” stated Mario Natarelli, MBLM’s managing partner. “Interestingly, five out of the top 10 brands for millennials are in the media & entertainment industry, which we believe reflects the prevailing mood of escapism and the need for respite.”
Following Disney, Amazon and Netflix ranked as the second and third most intimate brands for millennials. Comparatively, in MBLM’s 2015 report, Amazon placed first, followed by Apple and PlayStation.
The other brands that round out the top 10 are: Apple, Nintendo, Target, Chevrolet, Xbox, Google and YouTube.
The Brand Intimacy 2017 Report analyzes the responses of 6,000 consumers and 54,000 brand evaluations in the U.S., Mexico and UAE. The full report will be released on January 18, 2017.
An impressive opening weekend for Rogue One: A Star Wars Story was more than enough to help Walt Disney capture a new Hollywood record for yearly global box office gross.
Walt Disney (NYSE: DIS) has purchased its way to box-office dominance. The company has built a hit factory that started when it spent $7.4 billion to buy Pixar in 2006, then continued with its purchase of Marvel for $4 billion in 2009, followed by it spending the same amount to pick up Lucasfilm in 2012.
Disney’s global box office returns keep getting better; the studio announced Sunday its Saturday box office numbers were enough to push the Mouse’s cumulative North American total past the $2,278.6 billion domestic record it set for itself back in 2015.
On a freezing February night in London in 2006, Samuel Eto’o’s late header secured a 2-1 win for Barcelona in their Champions League clash with Chelsea. A 1-1 draw two weeks later at the Camp Nou saw them safely into the quarterfinals and they would go on to win the trophy for just the second time in their history.