February 12, 2006
Regarding "Pixar's Creative Chief to Have Special Power at Disney: Greenlighting Movies," Jan. 27: Why didn't Walt Disney Co. Chief Executive Bob Iger just steal John Lasseter away from Pixar Animation Studios and set him up in his own shop? I guarantee it would have cost the shareholders far less than $7 billion. Jon Crowley Sherman Oaks
March 28, 2012 |
In a year when Bank of America's stock plunged 58% and the company announced plans to lay off 30,000 employees, chief executive Brian Moynihan's compensation package more than quadrupled to nearly $8.1 million. Here's why: In 2011, the Charlotte, N.C.-based bank recorded $1.4 billion in profit after losing $2.2 billion the year before. So far this year, the stock is up more than 70%. So although the bank's compensation and benefits committee kept Moynihan's salary the same at $950,000, he also landed $6.1 million in performance-reliant stock.
September 21, 2011 |
Walt Disney Co. has struck a deal to bring flying banshees, giant blue aliens and other fanciful creatures from the blockbuster "Avatar" to its global theme parks, seeking to capitalize on the most successful film in Hollywood history. Disney reached a long-term, exclusive licensing agreement with "Avatar" director James Cameron and his producing partner Jon Landau, as well as the film's financier and distributor, 20th Century Fox, to develop theme park rides and attractions based on the 2009 hit and its two planned sequels.
November 22, 2013 |
Pixar Animation Studios has laid off an undisclosed number of people at its Emeryville, Calif., headquarters due to the delay of its forthcoming film "The Good Dinosaur. " The layoffs affect less than 5% of the company's 1,200-person workforce, according to a source close to the studio. In September, "The Good Dinosaur" was pushed back from its original release date of May 30, 2014, to Nov. 25, 2015. About a month before the project was delayed, the studio, a unit of Walt Disney Studios, removed director Bob Peterson from the project.