November 20, 2013 |
Steven Spielberg and Jeffrey Katzenberg are giving $10 million each to the funding campaign to build an Academy Museum of Motion Pictures and will have their names on galleries branching off its ground floor lobby. They fall in behind David Geffen ($25 million) and the Chinese business conglomerate Dalian Wanda Group ($20 million) as the leading donors to the Academy of Motion Picture Arts and Sciences' effort to establish a major movie museum at the corner of Wilshire Boulevard and Fairfax Avenue, next to the Los Angeles County Museum of Art. Bill Kramer, managing director of the academy's museum project, said the two gifts lift the total pledges past $200 million.
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.
April 12, 2013 |
CBS is home to "Two Broke Girls" and one rich chief executive. Leslie Moonves, the CEO of CBS, had a 2012 compensation package valued at $62.2 million, according to the company's proxy statement filed Friday. Although that makes Moonves the highest-compensated media chief executive, it is also a decline from 2011, when his pay package was worth almost $70 million. PHOTOS: Hollywood backlot moments Moonves had a base salary of $3.5 million and received a bonus of $27 million.
August 2, 2012 |
Comedian Jimmy Fallon is in talks to host the Oscars in February, with “Saturday Night Live” veteran Lorne Michaels producing, three people with knowledge of the discussions said. ABC has raised objections to having the late-night star from rival NBC play emcee on its Oscar broadcast, these people said, but the network has no authority to veto the choice of host. The show is put on by the Motion Picture Academy, and Tom Sherak initiated the discussions before his term as academy president ended on Tuesday, according to the people who were not authorized to speak publicly.
September 14, 2004 |
Former Walt Disney Co. directors Roy E. Disney and Stanley P. Gold said Monday that they would nominate a new slate of directors unless the board moved to replace Chief Executive Michael Eisner before the annual shareholder meeting in March. In an open letter to directors, the two dissidents called for the immediate hiring of an executive recruiting firm to conduct a worldwide search for a new CEO.
October 18, 2012 |
The long-awaited movie museum in Hollywood moves another step closer to fruition with the announcement today by the Academy of Motion Picture Arts and Sciences that it has raised its first $100 million in its goal to generate $250 million toward the new institution. The academy also announced its vision for the museum, slated to open in 2016, by architects Renzo Piano and Zoltan Pali, which will include the complete restoration of the old May Co. building -- a 1938 Streamline Moderne structure -- located on Wilshire and Fairfax.
September 26, 2011 |
Disney characters apparently enjoy the seafaring life. Disney Cruise Lines announced last Friday the addition of a second Hawaii cruise from Los Angeles to its 2012 schedule. The company says in a statement that the cruise was added because "our guests wanted more options to visit Hawaii. " The second cruise leaves Oct. 14 and will feature eight days at sea during the 14-night itinerary. The cruise aboard the Disney Wonder will stop at four islands: Maui (Kahului)