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BUSINESS
July 21, 1994 | From Times Staff and Wire Reports
Muppet Makers Enter Interactive Business: Jim Henson Productions is developing interactive computer games based on the popular puppet characters and new ones, the company said. Henson Productions will join forces with Starwave Corp., founded in 1993 by Paul Allen, the co-founder of Microsoft Corp. and owner of the Portland Trail Blazers. The new partnership, Jim Henson Interactive, expects to release its first CD-ROM in 1995.
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BUSINESS
May 1, 1998 | KAREN KAPLAN, TIMES STAFF WRITER
A year after purchasing a minority stake in Starwave Corp., the Walt Disney Co. agreed to buy the rest of the Bellevue, Wash.-based firm from billionaire founder Paul Allen. Terms of the deal were not disclosed. Starwave will become the core technology developer for the Buena Vista Internet Group, which is responsible for all of Disney's Internet initiatives. No layoffs are planned.
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BUSINESS
May 1, 1998 | KAREN KAPLAN, TIMES STAFF WRITER
A year after purchasing a minority stake in Starwave Corp., the Walt Disney Co. agreed to buy the rest of the Bellevue, Wash.-based firm from billionaire founder Paul Allen. Terms of the deal were not disclosed. Starwave will become the core technology developer for the Buena Vista Internet Group, which is responsible for all of Disney's Internet initiatives. No layoffs are planned.
BUSINESS
April 4, 1997 | LESLIE HELM, TIMES STAFF WRITER
In its latest foray onto the World Wide Web, Walt Disney Co. said Thursday that it is launching ABCNews.com, a 24-hour online news service, and is acquiring a major equity stake in Starwave, a Seattle-based Web design company that is its joint-venture partner in the service and in the popular ESPNet-SportsZone Web site. "We have the leading online family service and the leading online sports service, and we want to do the same for news," said Jake Winebaum, president of Disney Online.
BUSINESS
April 4, 1997 | LESLIE HELM, TIMES STAFF WRITER
In its latest foray onto the World Wide Web, Walt Disney Co. said Thursday that it is launching ABCNews.com, a 24-hour online news service, and is acquiring a major equity stake in Starwave, a Seattle-based Web design company that is its joint-venture partner in the service and in the popular ESPNet-SportsZone Web site. "We have the leading online family service and the leading online sports service, and we want to do the same for news," said Jake Winebaum, president of Disney Online.
BUSINESS
October 11, 1995 | AMY HARMON, TIMES STAFF WRITER
The occasion was a CD-ROM demonstration at Georgia, the exclusive restaurant on Melrose Avenue. At the podium was a techie from Seattle. On the screen was an interactive retrospective of Clint Eastwood's career. And at the bar was the debonair film icon himself--blushing bright red.
BUSINESS
September 3, 1997 | Bloomberg News
Walt Disney Co. promoted Disney Online President Jake Winebaum to oversee all of its Internet businesses, centralizing control for its online services such as ABCNews.com and ESPN Sportszone. Winebaum, 38, will head a newly created division called Buena Vista Internet Services and will continue to oversee all Disney-branded Internet services, the company said. Winebaum will report to Disney Consumer Products Chairman Barton Boyd.
BUSINESS
April 19, 1997
Joseph Hardin Jr., president and chief executive of Sam's Club division of Wal-Mart Stores, has been named president and CEO of Ventura-based Kinko's Inc. .. . . Black & Decker Corp. said first-quarter earnings fell 24% to $26.3 million, or 27 cents a share, from $34.6 million, or 35 cents, before a gain and a charge in the year-earlier period. . . . The president and other top executives of Sunnyvale-based Avant Corp.
BUSINESS
February 15, 2000 | From Times wire reports
Walt Disney Co., the world's second-largest media company, faces about $2.13 billion in future amortization charges for transactions that created its Go.com Inc. Internet unit. Disney will record the bulk of the costs in this fiscal year, fiscal 2001 and fiscal 2002, according to a filing with the Securities and Exchange Commission. Disney bought a minority stake in Infoseek Corp. in November 1998, exchanging its holdings in Web site designer Starwave Corp. plus cash.
BUSINESS
September 29, 2000 | From Bloomberg News
Billionaire investor Paul Allen is stepping down from the board of Microsoft Corp., ending a formal relationship with the software giant he co-founded 25 years ago. Allen, 47, who left the day-to-day operations of the company in 1983 to pursue independent investments, will leave the board this year, according to a proxy filing Thursday with the Securities and Exchange Commission. Allen will remain a "senior strategy advisor" to the company.
BUSINESS
October 11, 1995 | AMY HARMON, TIMES STAFF WRITER
The occasion was a CD-ROM demonstration at Georgia, the exclusive restaurant on Melrose Avenue. At the podium was a techie from Seattle. On the screen was an interactive retrospective of Clint Eastwood's career. And at the bar was the debonair film icon himself--blushing bright red.
BUSINESS
July 21, 1994 | From Times Staff and Wire Reports
Muppet Makers Enter Interactive Business: Jim Henson Productions is developing interactive computer games based on the popular puppet characters and new ones, the company said. Henson Productions will join forces with Starwave Corp., founded in 1993 by Paul Allen, the co-founder of Microsoft Corp. and owner of the Portland Trail Blazers. The new partnership, Jim Henson Interactive, expects to release its first CD-ROM in 1995.
BUSINESS
November 3, 1997 | MICHELLE RAFTER, SPECIAL TO THE TIMES
The new head of Walt Disney Co.'s consolidated Internet businesses is starting to put his stamp on things. Disney today will announce a major redesign of its flagship Disney.com Web site, exactly two months after Disney Online President Jake Winebaum assumed added duties as head of the company's newly formed Buena Vista Internet Services group. An upgrade of the 7-month-old Daily Blast subscription-only site for kids will follow in several weeks.
BUSINESS
September 21, 1999 | GREG MILLER, TIMES STAFF WRITER
A top Infoseek Corp. executive was apparently fired this weekend after he was arrested by the FBI on Thursday and accused of using the Internet--sometimes from his office computer--to solicit sex from a 13-year-old girl. Patrick J. Naughton, who was also responsible for some of Walt Disney Co.'s key Internet efforts, "is no longer an employee of Infoseek," according to a statement from the Sunnyvale, Calif.-based company.
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