September 23, 2009 |
Walt Disney Co.'s romance with Marvel Entertainment began last February when Disney Chief Executive Bob Iger first brought up the idea of an acquisition during an otherwise innocuous business meeting with Marvel film chief David Maisel. In June, Iger made his intentions clear and the two companies embarked on a nearly three-month-long series of negotiations that involved four in-person meetings, numerous phone discussions and an intense back-and-forth over price that culminated in the $4-billion deal announced Aug. 31. The timeline of the negotiations that led to the acquisition, along with other details of the agreement, were disclosed Tuesday in a regulatory filing from Disney that led with its public offer of up to $2.12 billion in stock to help fund the deal.
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.
May 8, 2013 |
The eternal problem with Tomorrowland is that the commonplace reality of today inevitably catches up to and ultimately surpasses the ultramodern imagined future of yesterday. Disneyland's forward-looking land of tomorrow has seen many evolutions since opening day in 1955. Through the years, there have been major expansions in 1959 (Monorail), 1977 (Space Mountain) and 1986 (Star Tours) as well as complete makeovers in 1967 (New Tomorrowland) and 1998 (New New Tomorrowland). The current iteration has a retro-futuristic science fiction fantasy theme that was designed to be a bit more timeless but nonetheless is showing its age. Photos: Top 10 Tomorrowland rides of the past With the release of "Iron Man 3" and plans for "Star Wars" and "Tron" sequels in the works, I thought it would be a good time to do a bit of "blue sky" dreaming about what Walt Disney Imagineering might have in mind for the New New New Tomorrowland.
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.
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.
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.
April 4, 2003 |
Michael O. Johnson, president of Walt Disney International and a 17-year company veteran, Thursday joined dietary supplement giant Herbalife International as its chief executive. "It's a chance to be CEO of a Los Angeles company that I think has a great future," said Johnson, 48. Herbalife executives cited Johnson's experience expanding global businesses. Johnson is the latest in a series of high-profile executives who have left Walt Disney Co. in recent years to pursue careers elsewhere.
June 15, 2012 |
The opening day of Disney's California Adventure has begun. Characters from the "Newsies" film and musical danced on stage Friday as company Chief Executive Bob Iger lauded the changes to the park. “We believe the transformation over the last five years, culminating in Buena Vista Street and Cars Land, created a totally new experience and deserves a grand opening,” Iger said. The Disney California Adventure park, next door to Disneyland, opened in 2001 and has had underwhelming returns, even by the admission of company executives.
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)