Archive for Walt Disney Company

Video – Disney CEO Bob Iger Takes The ALS Ice Bucket Challenge

Disney CEO Bob Iger participated in the Ice Bucket Challenge to raise awareness for Amyotrophic Lateral Sclerosis (ALS). Bob accepted the challenge from Apple CEO Tim Cook and named three familiar characters—Olivia Pope (ABC’s Scandal), Peter Quill (Marvel’s Guardians of the Galaxy) and Tony Stark (aka Iron Man)—to take the challenge.

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Disney Cast Members Throw Mouse Ears in Ring for Sought-After Ambassador Roles

Celebrating 50 years of a tradition created by Walt Disney himself, Walt Disney World Resort has begun the search for the ideal Cast Members to fill the sought-after roles of Disney Ambassador. Walt Disney World Resort is in the midst of an intensive, two-month quest for candidates who demonstrate leadership, an understanding of the company’s business and heritage and, above all, Disney passion.

The Disney Ambassador tradition began during the 10th anniversary of Disneyland, when Walt Disney was overwhelmed with requests for appearances and media interviews. Since he chose the first Disney Ambassador to serve in 1965, the program has evolved to represent the company, its Cast Members and ideals throughout decades of Disney milestones. From celebrating Cast Member anniversaries to VoluntEAR events to theme park openings, the Walt Disney World Ambassadors – 72 in all since the Resort opened in 1971 – have been there to share the magic, inspiration and optimism of Disney.

“Being selected as an Ambassador is one of the highest honors and responsibilities for a Cast Member,” said Nancy Gidusko, director of corporate citizenship for Walt Disney World Resort. Walt Disney World Resort. “Disney Ambassadors exemplify the talent, inspiration and excellence that are the hallmarks of Walt Disney World Resort.”

Every two years, thousands of Cast Members are invited to participate in the Ambassador selection process, which includes several rounds of interviews and, for the finalists, an opportunity to interact with Cast, visit non-profit organizations and test their presentation and media interview skills.

For the dedicated Cast Members who are selected, the next two years will be a whirlwind of once-in-a-lifetime opportunities and magical moments. The new Disney Ambassadors will represent nearly 70,000 Cast Members as they share Disney’s magic throughout Walt Disney World Resort, the Central Florida community and other Disney theme parks around the globe from Jan. 1, 2015 – Dec. 31, 2016.

Following a two-month training, the new Ambassadors will begin their busy two-year term. With more than 3,500 events to attend throughout the year, the Ambassadors will be responsible for duties such as volunteering within the community, hosting high-profile guests at Walt Disney World, making appearances with Disney characters at community presentations, serving as master of ceremonies at park events and recognizing Cast Members’ milestones and achievements.

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Disney Says It Is Reducing Reliance On Advertising

In the most candid admission of how downbeat the television ad market is right now, ABC and ESPN parent Walt Disney Co. said it had decided to reduce its reliance on advertising.

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The Walt Disney Company Reports Third Quarter and Nine Month Earnings for Fiscal 2014

The Walt Disney Company (NYSE: DIS) today reported third quarter earnings, which are a record for any quarter. Diluted earnings per share (EPS) for the third quarter increased 27% to $1.28 from $1.01 in the prior-year quarter. Excluding certain items affecting comparability(1), EPS for the quarter increased 24% to $1.28 from $1.03 in the prior-year quarter. Diluted EPS for the nine months ended June 28, 2014 increased 30% to $3.40 compared to $2.61 in the prior-year period. Excluding certain items affecting comparability, EPS for the nine months increased 31% to $3.43.

“Our strategy of building strong brands and franchises continues to create great value across our company,” said Robert A. Iger, chairman and CEO of The Walt Disney Company. “This quarter we delivered the highest EPS in the company’s history, and we’ve now generated greater EPS in the first three quarters of FY 2014 than we have in any previous full fiscal year. We’re extremely pleased with these results and we are also thrilled with the spectacular performance of Guardians of the Galaxy, which holds great promise as a new franchise for our company and once again reinforces the tremendous value of Marvel.”

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The Walt Disney Company and the National Cable Television Cooperative Announce Robust Long-Term Distribution Agreement

The National Cable Television Cooperative (NCTC) and The Walt Disney Company (NYSE: DIS) today announced a comprehensive multi-year distribution agreement to deliver Disney’s robust lineup of top quality sports, news and entertainment content to participating NCTC members’ customers across TVs, computers, smartphones, tablets, gaming consoles and connected devices. The cable co-op serves nearly 1,000 member companies across the United States.

“NCTC is pleased to again offer our members access to top-tier sports and family channels under our new agreement with Disney & ESPN Networks Group. The addition of the SEC Network, Longhorn Network and digital platform rights helps strengthen the long-term partnership and enhances the value the agreement brings to members,” commented Judy Meyka, Executive Vice President of Programming, NCTC.

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Philippe Gas Named General Manager of Shanghai Disney Resort, Tom Wolber, from Walt Disney World Resort, Replacing Him at Euro Disney

Euro Disney S.C.A. today announced the nomination of Tom Wolber to the position of Président of Euro Disney S.A.S., the management company of both Euro Disney S.C.A., the holding company, and Euro Disney Associés S.C.A., the operator of Disneyland® Paris, in replacement of Philippe Gas named General Manager of Shanghai Disney Resort.

One of our greatest assets is the global strength of our teams,” said Tom Staggs, chairman of Walt Disney Parks and Resorts. “Both Philippe and Tom are seasoned Disney veterans with a tremendous combination of leadership skills, business acumen, and international experience that will help ensure that we carry on our legacy of creating unforgettable experiences for our guests. They bring an incredible depth of operational experience to their respective roles and are well positioned to contribute to the future success of Shanghai Disney Resort and Disneyland Resort Paris“.

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Paul Candland Named President, The Walt Disney Company, Asia

Underscoring the growing importance of Asia to The Walt Disney Company’s global growth strategy, Paul Candland has been named to the newly created position of president, The Walt Disney Company, Asia, with oversight of Japan, Korea, Southeast Asia, and Greater China. Mr. Candland, a 16-year Disney veteran and president of Walt Disney Japan, will be responsible for driving the company’s strategy and coordinating all of its business efforts in Asia. He will report directly to Andy Bird, chairman Walt Disney International. Rob Gilby, managing director, TWDC South East Asia, will report to Mr. Candland.

In addition, Stanley Cheung, managing director of TWDC Greater China, has been promoted to chairman of TWDC Greater China, reporting to Mr. Bird. Senior vice president Luke Kang will assume Mr. Cheung’s former role as managing director of TWDC Greater China. Mr. Kang will report to both Mr. Cheung and Mr. Candland and will have direct oversight of Disney’s businesses in Greater China, excluding Shanghai Disney Resort and Hong Kong Disneyland Resort, which report to Walt Disney Parks and Resorts Chairman Tom Staggs.

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Bob Iger, Chairman and CEO, The Walt Disney Company, Is Named “2014 CEO of the Year” by Chief Executive Magazine

Chief Executive magazine today announced that Bob Iger, CEO of The Walt Disney Company, has been named “2014 CEO of the Year,” an honor bestowed upon an outstanding corporate leader, nominated and selected by a group of CEO peers. This is the 29th year the award has been given, with past honorees including Bill Gates, former CEO of Microsoft, Jack Welch, former CEO of GE and Michael Dell, founder, chairman and CEO of Dell Computers.

“Even iconic brands need fixing from time to time,” says JP Donlon, Editor in Chief of Chief Executive magazine. “But instead of the easy fixes, Bob Iger played the long game by addressing Disney’s cultural issues head-on with a three-pronged strategy, making it a stronger, more profitable company with greater depth in its overall brand. For this reason, he is well-deserving of this year’s CEO of the Year honor.”

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Disney’s Iger on the Future of Leisure: Technology Built on Storytelling

In 1956, the year after Disneyland opened, Walt Disney was asked to imagine what entertainment would be like a half-century into the future.

As one of the world’s great innovators, Walt had just introduced people to a new form of leisure entertainment—the theme park.

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The Walt Disney Company Announces Participants for Its Startup Accelerator Program

The Walt Disney Company (DIS) announced 11 startup companies that have been selected for a special mentorship and investment program. Kicking off today, Disney Accelerator, powered by Techstars, is a fifteen-week immersive program which gives companies access to mentorship from top Disney executives, up to $120,000 in investment capital to develop their companies as well as special access to resources from across The Walt Disney Company.

To kick off the program, participating companies will meet with various mentors including Chairman and CEO Robert A. Iger, and leaders from Pixar, Marvel, Lucasfilm, ABC, ESPN and Walt Disney Imagineering, as well as other entertainment industry leaders, investors, and Techstars’ extensive network of technology mentors. Selected companies will develop mentorship relationships based on expertise, interest and background. Participating companies will meet with mentors regularly and work together to build and expand business plans, product launches, marketing campaigns, and formulate long-term strategies. The program culminates with a Demo Day in October, where each team will present their company to industry leaders, Disney executives, and the entrepreneurial community.

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