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
September 17, 2013 |
The Chinese media conglomerate the Dalian Wanda Group has donated $20 million to the Academy of Motion Picture Arts & Sciences for its film museum. In recognition of the gift -- the museum's second-largest to date -- the museum's film history gallery will now be named the Wanda Gallery. The Dalian Wanda group owns AMC Theatres, and its head, Wang Jianlin, has said he wants to invest $10 billion in U.S. companies in the next decade. "The Academy Museum of Motion Pictures is a global cultural institution and the Dalian Wanda Group's support of the project speaks to the worldwide importance and the appeal of the movies," said museum campaign chair Bob Iger, chairman and chief executive of the Walt Disney Co. "Their gift to the academy museum is a huge boost to our efforts to design and build the world's leading movie museum.
August 21, 2013 |
The Disney/ABC Television Group, which includes the ABC network, local TV stations and the Disney Channel and ABC Family cable networks, is restructuring its operations, which will result in layoffs across the unit. About 175 jobs are expected to be cut through layoffs or from not filling open positions, a person familiar with the matter said. The Disney/ABC Television Group employs around 7,600 people. “As technological advances continue to alter the competitive landscape and viewer habits, it's incumbent upon us to stay ahead of the curve.
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.
CALIFORNIA | LOCAL
October 19, 2011 |
In the basements of the Disneyland and Paradise Pier hotels in Anaheim, big flat-screen monitors hang from the walls in rooms where uniformed crews do laundry. The monitors are like scoreboards, with employees' work speeds compared to one another. Workers are listed by name, so their colleagues can see who is quickest at loading pillow cases, sheets and other items into a laundry machine. It should come as no surprise that at the happiest place on Earth, not all the employees are smiling.
March 2, 2013 |
The brief announcement that Disney plans to add a Marvel-themed land to Hong Kong Disneyland in 2017 raises a host of questions: Will Iron Man, Spider-Man, the Fantastic Four and the X-Men be getting their own rides? When will the Marvel characters be coming to Anaheim, Paris, Tokyo or Shanghai? And why, of all places, Hong Kong? Many of the most basic questions remain unanswered, in part because the announcement was made by a Hong Kong government official rather than Disney.