March 28, 2014 |
Discovery Communications Chief Executive David Zaslav might run one of the smallest of the major media companies, but his pay remains in the big leagues. Zaslav last year collected compensation valued at $33.3 million, according to Discovery's proxy, which was filed Friday afternoon with the Securities and Exchange Commission. That amount represented a more than 30% drop over Zaslav's 2012 pay arrangement, which was valued at $49.9 million. ON LOCATION: Where the cameras roll Zaslav in 2013 received a base salary of $3 million, a $5.8-million cash bonus and $22.5 million in stock option awards.
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.
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.
November 20, 2013 |
Walt Disney Co. has hired a new advertising agency to oversee media planning for its movie studio. OMD, whose clients include Pepsi and Visa, on Wednesday landed the Disney Studios account, which handles an estimated $800 million a year in advertising spending, according to sources familiar with the matter. It is a major coup for OMD, which has a large Los Angeles office that handles its Nissan and Wells Fargo accounts. Publicis Groupe's 4D agency lost the Disney account.
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.
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)
January 12, 2010 |
Continuing to clean house and put his own team in place, Walt Disney Studios Chairman Rich Ross has ousted the studio's production chief, Oren Aviv, according to two people close to the executive. Aviv, who had been at the studio for 18 years, was president of marketing from 2000 to 2006 before taking the production job. Aviv also served as an executive producer on the studio's movie series "National Treasure" and was a close ally of former studio head Dick Cook, who was ousted by Ross last year.
February 15, 2013 |
Consumer sentiment rebounded solidly early in February after a disappointing showing the previous two months, according to a survey released Friday. The monthly Thomson Reuters/University of Michigan consumer sentiment index rose to 76.3, up from 73.8 in January. Quiz: How much do you know about looming federal budget cuts? The readings in December and January were weighed down by Americans' concerns about the potential drag from the so-called fiscal cliff, which federal lawmakers averted with a last-minute deal.