The Walt Disney Co. has been very good at maintaining an air of wonder around its businesses.
That’s important when a large chunk of your operations involve entertaining people. Disney has cultivated that sense of magic around its movies and especially at its theme parks.
The Walt Disney Company on Friday installed new leadership at its linchpin Imagineering division, which is responsible for designing and building rides, hotels and restaurants across Disney’s $16 billion global theme park empire.
Walt Disney spent $4 billion buying LucasFilm and the rights to Star Wars from creator George Lucas, and the purchase could prove to be a better deal compared to the similar price it paid for Marvel.
The Walt Disney World Marathon concluded on Sunday morning with tens of thousands of well-conditioned runners navigating their way through the 26.2-mile course that goes through all four of Disney‘s theme parks.
Disney scooped up giant hunks of the world’s movie audience in 2015, concluding the year with the record-busting “Star Wars: The Force Awakens.” The studio’s Disney’s complete movie calendar for 2016, released with synopses and artwork Tuesday, is highlighted by “Star Wars” spinoff “Rogue One,” along with potential powerhouses from its Pixar and Marvel subsidiaries.
Universal and Disney have set new yearly records for worldwide grosses, well above 20th Century Fox’s 2014 record of $5.5 billion, thanks to “Jurassic World” and “Star Wars: The Force Awakens.”
The Walt Disney Company (NYSE: DIS) will discuss fiscal first quarter 2016 financial results via a live audio webcast beginning at 5:00 p.m. EST / 2:00 p.m. PST on Tuesday, February 9, 2016.
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.
Theme parks are a big deal at Disney, and understandably so. The world’s undisputed champ in amusement parks generated $16.2 billion in revenue…
Walt Disney said Chairman and Chief Executive Robert Iger’s compensation package reached $44.9 million for the fiscal year ended in October.
The top dog in family media hit new highs in 2015, and that was before this past weekend’s Star Wars: The Force Awakens shattered box office records.
