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.
December 13, 2010 |
As Disney California Adventure reaches the midway point of a $1.1-billion expansion, I'd like to take a speculative look at what Walt Disney Imagineering might have in mind for Phase 2 of the massive renovation project. DCA's extreme makeover was necessitated by the on-the-cheap, off-the-shelf nature of the nearly decade-old theme park that even Disney Chief Executive Bob Iger now calls "mediocre. " Phase 1, which began in 2008, fixes about a third of the flawed park.
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.
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.
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.
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 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.
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.
August 7, 2012 |
Joss Whedon will return to write and direct a sequel to "The Avengers," Bob Iger, the chief executive of the Walt Disney Co., announced Tuesday. The superhero movie, made by Disney's Marvel Entertainment subsidiary, is one of the biggest hits in modern Hollywood history, with global ticket sales in excess of $1.46 billion. The film's domestic ticket sales of $616.8 million makes it the third-highest-grossing film of all time, trailing just"Avatar" and"Titanic" in non-inflation-adjusted dollars.
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.