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The Walt Disney Company to Acquire Maker Studios, the Leading Network of Online Video Content

Furthering its goal of bringing content to consumers on all the platforms they prefer, The Walt Disney Company (NYSE:DIS) has agreed to acquire Maker Studios, the leading network of online video content on YouTube.

 

Maker Studios shareholders will receive total consideration of $500 million, and a performance-linked earn-out of up to $450 million if the strong performance targets are met.

 

With more than 55,000 channels, 380 million subscribers and 5.5 billion views per month on YouTube, Maker has established itself as the top online video network for Millennials.

 

By acquiring Maker Studios, Disney will gain advanced technology and business intelligence capability regarding consumers’ discovery and interaction with short-form online videos, including Disney content.

 

“Short-form online video is growing at an astonishing pace and with Maker Studios, Disney will now be at the center of this dynamic industry with an unmatched combination of advanced technology and programming expertise and capabilities,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company.

 

“Disney is synonymous with the best entertainment and is the ideal partner for us, strengthening our position as the leading player in online video,” said Ynon Kreiz, Executive Chairman and CEO of Maker Studios.

 

Maker Studios will report to Disney Chief Financial Officer Jay Rasulo. Maker Studios will remain headquartered in Culver City, Calif., with operations in New York and London.

 

The transaction, which is subject to regulatory clearances, is expected to close in Disney’s third fiscal quarter.

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Video – Frozen’s ‘Let it Go’ Sing-Along Performed at Walt Disney World Resort

If you watched ABC-TV’s “Good Morning America’s” “Frozen”-themed singalong event, then you saw (and heard) a group of talented children performing a portion of the song “Let it Go!” at the Walt Disney World Resort. Today, to celebrate the recent release of Disney’s Academy Award-winning film “Frozen” on Blu-ray Combo Pack, we’re sharing their complete – and adorable – performance with Anna and Elsa.

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Ben Sherwood Named to Succeed Anne Sweeney as Co-Chairman, Disney Media Networks and President, Disney/ABC Television Group in February 2015

The Walt Disney Company (NYSE: DIS) today announced that ABC News President Ben Sherwood, who successfully steered ABC News to new heights over the past several years, including driving “Good Morning America” to #1, brokering a landmark partnership with Yahoo to create the #1 news and information online network, and launching Fusion, a joint venture news and lifestyle network with Univision, will assume the title of co-chairman, Disney Media Networks and president, Disney/ABC Television Group on February 1, 2015. Anne Sweeney, Co-Chair, Disney Media Networks and President, Disney/ABC Television Group will remain in that capacity through January 2015.

Effective immediately, Mr. Sherwood will begin the transition as Co-President, Disney/ABC Television Group. He will also continue to oversee ABC News until a successor is named.

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Idina Menzel talks Adele Dazeem

Idina Menzel will be featured on the March 29 cover of Billboard Magazine.  Here is an excerpt from the article, where she discusses the famous “Adele Dazeem” name:

ADELE DAZEEM GOT FLOWERS AND A NOTE. “That threw me for a minute, but then I just got back on track and reminded myself of where I was,” says Menzel of John Travolta’s now-infamous flubbing of her name at this year’s Oscars. “He was really gracious and sent this gorgeous email, and we’re buddies and it’s all cool.” He also sent flowers, and thanks to the “Grease” actor’s error, she’s a household name — twice over. “Please. I mean, I’ve only benefited from it.”

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“it’s a small world” 50th Anniversary History & Fun Facts Around the World

Around the world, Disney is celebrating the 50th anniversary of “it’s a small world,” which debuted at the 1964 New York World’s Fair as an exhibit to salute UNICEF (United Nations Children’s Fund). Since UNICEF is dedicated to the welfare of children all over the world, the theme for “it’s a small world” became an international voyage celebrating the happy spirit of children everywhere.

Now considered a quintessential Disney theme park experience, “it’s a small world” can be found at five Disney parks on three continents. The parks and attraction opening dates are: Disneyland Park in California (May 28, 1966), the Magic Kingdom at Walt Disney World Resort in Florida (Oct. 1, 1971), Tokyo Disneyland (April 15, 1983), Disneyland Paris (April 12, 1992) and Hong Kong Disneyland (April 28, 2008).

The design of the iconic “it’s a small world” dolls – bold yet childlike – was created by Walt Disney Imagineering art director Mary Blair, who was honored as a “Disney Legend” posthumously in 1991. Blair also created artwork for such classic Disney films as “Cinderella,” “Peter Pan” and “Alice in Wonderland.” Her sense of design and use of color and shapes enhance the storytelling for “it’s a small world” and have influenced every version of the attraction since the 1964 original.

By the Numbers, Around the World

• Around the world, hundreds of millions of riders have experienced “it’s a small world” and many have walked away singing the catchy little song … for days!

• During a 16-hour operating day in the parks, the “It’s a Small World” song is played, on average, 1,200 times.

• Although specific numbers vary, each version of “it’s a small world” worldwide features at least 240 Audio-Animatronics figures representing children around the world. In addition, each version of the attraction features dozens of props and toys.

• A 30-foot-high clock tower is the centerpiece of the entrance to “it’s a small world” at Disneyland in California, Tokyo Disneyland, Disneyland Paris and Hong Kong Disneyland. Each clock marks every quarter hour with a parade of colorful international “characters,” along with animated props and music.

Fun Facts about “it’s a small world” at Disneyland Resort

• After two hit seasons at the New York World’s Fair in 1964 and ’65, “it’s a small world” moved to Disneyland in California, where it was expanded and then reopened as a major attraction in 1966. Shipping stickers with 1965 dates can still be found on the back of some set pieces.

• Guest research has found that one in four Disneyland guests – families with children and those who grew up riding the attraction – consider “it’s a small world” a tradition. They plan a voyage whenever they visit the park.

• At Disneyland, the attraction has a specific doll that is a nod to Mary Blair, the Disney Imagineer who designed the dolls. Blair appears as a little blonde with glasses, flying from a balloon over the Eiffel Tower in the Paris scene.

• Disneyland Resort Horticulture creates and maintains a widely admired menagerie of animal-shaped topiary plants outside “it’s a small world.” It often takes five years before a topiary figure is ready for its onstage debut.

• A new “it’s a small world” tradition began on November 27, 1997, with the debut of “it’s a small world” Holiday at Disneyland in California. Each holiday season, the attraction undergoes a festive holiday redressing with new decorations, soundtracks, costumes, props and effects. The show depicts children of the world celebrating the joys of the season, and the “It’s a Small World” tune becomes part of a medley featuring “Jingle Bells” and “Deck the Halls.” The “it’s a small world” Holiday also exists now at Tokyo Disneyland and Disneyland Paris.

Fun Facts about “it’s a small world” at Walt Disney World Resort

• The façade of “it’s a small world” in the Magic Kingdom at Walt Disney World is incorporated architecturally into Fantasyland integrated with the facades of other attractions rather than set apart. The inside queue area, however, features an intricate three-dimensional white-and-gold façade similar to the outside façades at the other attractions worldwide.

• The Pinocchio Village Haus restaurant at Walt Disney World has a window that overlooks the queue area. Guests in the restaurant’s seating area can wave to riders as they start their voyage.

• During extensive refurbishments in 2004-2005, the clown piloting a hot air balloon in the “it’s a small world” Finale at Walt Disney World changed his demeanor. He now smiles and carries a balloon in his hand. Formerly, he frowned and carried a sign saying, “Help.”

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Sneak Peek: Seven Dwarfs Mine Train Logo

Disney has released the logo for the upcoming attraction, Seven Dwarfs Mine Train, at Magic Kingdom.

seven-dwarfs-mine-train-logoThe attraction is slated to open in Spring 2014.

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Walt Disney World Recognized for Supplier Diversity

Recognized for its consistent efforts to promote supplier diversity in Central Florida, Walt Disney World Resort recently received the Corporate Leadership award presented by the Central & North Florida Minority Supplier Development Council (cnFMSDC).

cnFMSDC is a corporate member organization that connects companies with minority-owned business enterprises to enhance supplier diversity efforts.

“Our suppliers have told us that the Disney team goes above and beyond when working with diverse-owned companies,” said Malik Ali, president of the council. “The supplier diversity team at Disney helps companies understand the process and follows up to ensure suppliers are connected with the right decision makers.”

Disney received the Corporate Leadership award based on the feedback of 650 certified local suppliers.

“At Disney, we recognize how important it is to reflect the diversity of our community,” said Eugene Campbell, vice president of Supplier Diversity at The Walt Disney Company. “A diverse workforce and supplier base delivers business value that keeps us relevant as a company and promotes innovation and a richness of perspectives.”

Walt Disney World collaborates with hundreds of minority-owned businesses in areas such as construction, commodities, and professional services in its longstanding efforts to add value to the Disney brand. Over the past decade, the company has spent over $1 billion with diverse suppliers.

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The Secret ‘Frozen’-‘Tangled’-‘Mermaid’ Connection

The wonderful worlds of Disney and Pixar have ardent fans, and then there are these guys. Immersed in the Magic Kingdom, the web is crawling with super sleuths who dig deep into the nitty-gritty storytelling, finding secret, hidden links between the characters and plotlines, in search of some over-arching master plan lurking beneath the pastel surface.

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It’s a Small World: 9 Little-Known Facts

It will soon be the 50th anniversary of a ride every Disney fan has ridden and a song that’s impossible to forget.

9 Things You Don’t Know About it’s a small world:

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Disney Parks Celebrates the 50th Anniversary of ‘it’s a small world,’ Invites the World to Join a Global Sing-along at SmallWorld50.com

In a historic, global event, guests and cast members at Disney Parks around the world will unite in song to celebrate the 50th anniversary of “it’s a small world,” the classic Disney Parks attraction that opened as a tribute to peace and hope at the 1964 New York World’s Fair. Fans from around the world can join the festivities in a first-of-its-kind, online global sing-along at SmallWorld50.com.

On Thursday, April 10, 2014, hundreds of voices from Disneyland Resort in California, Walt Disney World Resort in Florida, Tokyo Disney Resort in Japan, Disneyland Paris in France and Hong Kong Disneyland Resort will sing the unforgettable theme song of the “happiest cruise that ever sailed the seven seas.”

Fans around the world also are invited to join the global sing-along virtually. SmallWorld50.com launches today as a “global hub” of music and harmony where guests may record videos of themselves singing the classic song and create virtual “it’s a small world” dolls to benefit UNICEF (United Nations Children’s Fund). UNICEF provides health care and immunizations, clean water and sanitation, nutrition, education, emergency relief and more to children around the world.

” ‘it’s a small world’ has inspired hundreds of millions of people through its timeless theme,” said Tom Staggs, chairman, Walt Disney Parks and Resorts. “Every moment of every day there are Disney guests enjoying ‘it’s a small world’ somewhere around the globe.  The 50th anniversary of this attraction represents a celebration of the shared optimism, hope, and humanity of people throughout the world.”

New Video Features People Around the World Singing “It’s a Small World”

To help announce the celebration, Disney Parks released a video featuring people around the world singing, dancing to and playing “It’s a Small World.” Filmed across six continents in more than 25 countries, the video features international “performers” – including bagpipers in Scotland, Bollywood movie actors in India, a firefighter in New York City, and members of the Mormon Tabernacle Choir – to create one worldwide video.

That video and others will be part of the launch of SmallWorld50.com, the global website for the attraction’s anniversary. Fans around the world are encouraged to participate online by recording on the Small World 50 website videos of themselves singing “It’s a Small World” and by creating virtual “it’s a small world” dolls to share with their friends through social media.

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