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 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.
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.
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.