Archive for Walt Disney Company

Disney CEO Iger’s gets larger bonus, and compensation climbs 27 percent to $43.7M in 2014

Disney Chairman and CEO Robert Iger’s compensation jumped to $43.7 million in 2014 as the company had a blockbuster year.

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Disney CFO Outlines Strategy, Explains Forgoing Third Party Financing

The Walt Disney Company will continue as the only major movie studio in Hollywood that does not seek or use third party financing to lay off the risk on its slate of movies, according to Disney senior executive vp and CFO Jay Rasulo.

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Jay Rasulo, Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company, to Speak at the Citi 2015 Internet, Media and Telecommunications Conference

Jay Rasulo, senior executive vice president and chief financial officer, The Walt Disney Company (NYSE: DIS), will participate in a question-and-answer session at the Citi 2015 Internet, Media and Telecommunications Conference on Tuesday, January 6, 2015 at approximately 5:00 p.m. EST / 2:00 p.m. PST. To listen to a live webcast of the session, please point your browser to www.disney.com/investors approximately five minutes prior to the start time. The webcast presentation will be archived at www.disney.com/investors.

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Bob Iger’s Fortune Cover: 3 Surprising Takeaways From Disney Interview

Disney CEO Bob Iger graces the cover of the new Fortune Magazine Monday, posing in front of the upcoming “Star Wars’” Millennium Falcon.

Iger touches on everything from the much-anticipated new “Star Wars” film to his dual roles as CEO and CTO at Disney.

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DIRECTV and The Walt Disney Company Sign Expansive Agreement

The Walt Disney Company (NYSE:DIS) and DIRECTV (NASDAQ:DTV) today announced a wide-ranging, multi-year distribution agreement that will provide DIRECTV customers with access to Disney’s robust lineup of top quality sports, news, kids and entertainment content across televisions, computers, smartphones, tablets, gaming consoles and other connected devices.

The renewal agreement supports the companies’ mutual goal to deliver the best video content to customers across multiple platforms by strengthening the value of the multichannel video subscription.

“This new agreement brings DIRECTV’s already unmatched content offering and experience to a whole new level. It also allows both companies to evolve together into the future and gives DIRECTV customers a wide range of in-home and out-of-home viewing options to enjoy the broad collection of ESPN, Disney and ABC content,” said Dan York, Chief Content Officer at DIRECTV. “It’s an immense and exciting undertaking to work together to shape the future of content consumption and the possibilities are endless.”

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DirecTV, Disney Continue Carriage Negotiations

DirecTV, having reached a TV Everywhere accord today with Fox’s national networks, is continuing to work toward a comprehensive distribution deal with The Walt Disney Co. DirecTV and Disney’s 10-year distribution agreement ended Sept. 30.

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The Walt Disney Company Executives to Discuss Fiscal First Quarter 2015 Financial Results via Webcast

The Walt Disney Company (NYSE: DIS) will discuss fiscal first quarter 2015 financial results via a live audio webcast beginning at 5:00 p.m. EST / 2:00 p.m. PST on Tuesday, February 3, 2015.

Results will be released at approximately 4:15 p.m. EST / 1:15 p.m. PST.

To listen to the webcast, point your browser to www.disney.com/investors. The webcast presentation will be archived.

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Disney Plans Third ‘Cars’ Movie and Second ‘Incredibles’ Film

Walt Disney CEO Bob Iger disclosed Tuesday that Pixar is working on a new Cars movie and a new Incredibles film. He also said Frozen is close to surpassing Toy Story 3 as the biggest animated film of all time, and that the next Star Wars movie will pick up 30 years after the events in 1983’s Return of the Jedi, a timeframe that conceivably would allow Mark Hamill, Harrison Ford and Carrie Fisher to play aging versions of their iconic characters, though Iger only hinted at such possibilities.

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The Walt Disney Company Increases Annual Cash Dividend by 34 Percent to $1.15 Per Share

The Walt Disney Company (NYSE: DIS) Board of Directors today declared an annual cash dividend of $1.15 per share, up 34 percent, or $0.29 per share, from the previous year. The dividend is payable on January 8, 2015 to shareholders of record at the close of business on December 15, 2014. This is Disney’s 59th consecutive dividend payment to shareholders.

“Disney delivered the highest results in its history in Fiscal 2014, reflecting the extraordinary quality of our creative content and the unparalleled strength of our brands,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “We achieved record revenue, net income and earnings per share for the fourth year in a row, and we are delighted to be able to increase our shareholder dividend by 34 percent while continuing to invest for future growth.”

The Company also announced that it has scheduled its annual shareholders’ meeting for Thursday, March 12, 2015, in San Francisco.

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Disney Pairs Up With Turner to Promote TCM and Great Movie Ride

The Turner Classic Movies cable channel is joining with two divisions of the Walt Disney Company for an agreement, to be announced on Wednesday, that underlines how media giants are increasingly collaborating on content-marketing efforts.

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