Highlights
The Walt Disney Co. is a California-based, publicly-traded entertainment company founded by the late Walt Disney, with properties that include the ABC, ESPN and other television networks, movie studios, music, radio and theme parks and resorts, including the Walt Disney World resort in Central Florida.
In 2007 fiscal year, the company reported $35.5 billion in revenue and $4.7 billion in net income. Among the divisions is the Parks and Resorts Segment, which has 11 theme parks and two water parks worldwide that all are among the most popular in the world. They include four parks and two water parks at Disney World; two theme parks at the Disneyland Resort in Anaheim, Calif.; tw...
In 2007 fiscal year, the company reported $35.5 billion in revenue and $4.7 billion in net income. Among the divisions is the Parks and Resorts Segment, which has 11 theme parks and two water parks worldwide that all are among the most popular in the world. They include four parks and two water parks at Disney World; two theme parks at the Disneyland Resort in Anaheim, Calif.; tw...
The Walt Disney Co. is a California-based, publicly-traded entertainment company founded by the late Walt Disney, with properties that include the ABC, ESPN and other television networks, movie studios, music, radio and theme parks and resorts, including the Walt Disney World resort in Central Florida.
In 2007 fiscal year, the company reported $35.5 billion in revenue and $4.7 billion in net income. Among the divisions is the Parks and Resorts Segment, which has 11 theme parks and two water parks worldwide that all are among the most popular in the world. They include four parks and two water parks at Disney World; two theme parks at the Disneyland Resort in Anaheim, Calif.; two in Tokyo; two in Paris; and one in Hong Kong. The division also covers the Disney Vacation Club chain of timeshare resorts, the two-ship Disney Cruise Line and other leisure ventures.
Many of the company's most valuable properties are intellectual properties rights to popular characters such as Mickey Mouse, "Disney princesses" including Snow White and Cinderella, or TV characters such as Hannah Montana. One of Disney's signature strategies is to develop ways to offer such characters through all of its businesses, from theme parks to TV to music to computer games to stuffed toys. The Walt Disney Co.'s chairman is John E. Pepper Jr. Robert A. Iger is president and chief executive officer.
In 2007 fiscal year, the company reported $35.5 billion in revenue and $4.7 billion in net income. Among the divisions is the Parks and Resorts Segment, which has 11 theme parks and two water parks worldwide that all are among the most popular in the world. They include four parks and two water parks at Disney World; two theme parks at the Disneyland Resort in Anaheim, Calif.; two in Tokyo; two in Paris; and one in Hong Kong. The division also covers the Disney Vacation Club chain of timeshare resorts, the two-ship Disney Cruise Line and other leisure ventures.
Many of the company's most valuable properties are intellectual properties rights to popular characters such as Mickey Mouse, "Disney princesses" including Snow White and Cinderella, or TV characters such as Hannah Montana. One of Disney's signature strategies is to develop ways to offer such characters through all of its businesses, from theme parks to TV to music to computer games to stuffed toys. The Walt Disney Co.'s chairman is John E. Pepper Jr. Robert A. Iger is president and chief executive officer.
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Disney hopes Cars Land makes California Adventure a golden state
For more than a decade, Disney California Adventure Park has been putt-putting along in the slow lane, trailing its neighbor Disneyland in the race for big attendance numbers.
A new 12-acre expansion called Cars Land, set to be unveiled June 15, is the...Tags: Gardens and Parks, Tourism and Leisure, Cars 2 (movie), Science and Technology, Theme Park Vacations
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'Battleship' debuts weakly at the box office [video]
24 FramesThe headlines writers had fun. The makers of “Battleship” didn’t. In a dramatically weak opening, the alien invasion drama grossed just an estimated $25.3 million in its domestic premiere, as “Battleship” took in less than... -
Disney moves forward with ABC Studios project at Golden Oak Ranch
A half-century ago, Walt Disney leased a horse ranch in Placerita Canyon to shoot episodes of “The Adventures of Spin and Marty” from the classic ABC series “The Mickey Mouse Club.” Disney liked the property, with its rich...
Tags: Criminal Minds (tv program), Environmental Issues, Television, Brooklyn (New York City), Forests
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Chinese cinema firm to buy AMC in $2.6-billion deal
A Chinese conglomerate took a big leap forward into the U.S. market late Sunday by acquiring AMC Entertainment Inc., the nation's second-largest theater chain. It was the latest in a flurry of high-profile deals between the nations' entertainment...
Tags: Entertainment Events, Apollo Investment Corp., Bain Capital, LLC, Global Expansion, Beijing (China)
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The Morning Fix: 'Avengers' cruises. Harmon out at 'Community.'
After the coffee. Before figuring out the Boston subway system. The Skinny: I'm in Boston for the cable industry's big convention and, of course, it is supposed to rain! I'm also bummed the hotel doesn't offer free Wi-Fi. I'll make Marriott a deal....
Tags: Tourism and Leisure, Gardens and Parks, Satellite and Cable Service, Comcast Corp., Larry Ellison
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Disney ranch closer to getting high-tech production complex
Half a century ago, Walt Disney leased a horse ranch in Placerita Canyon to shoot episodes of "The Adventures of Spin and Marty" from the classic ABC series "The Mickey Mouse Club."
Disney liked the property so much, with its rich variety of meadows, oak...Tags: Criminal Minds (tv program), Sons of Anarchy (tv program), Mickey Mouse (fictional animal), Environmental Issues, Cougar Town (tv program)
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Networks' fight with Dish over ad-skipping has huge implications
The major broadcast networks’ legal skirmish with satellite television service Dish Network over its new ad-skipping device is shaping up to be a titanic struggle with enormous implications. The outcome of their high-profile dispute could influence...
Tags: Litigation, Advertising, Media Industry, Bankruptcy, Economy, Business and Finance
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Legal fight looms over Dish Network's ad-skipping AutoHop feature
The major broadcast networks' legal skirmish with satellite television service Dish Network over its new ad-skipping device is shaping up to be a titanic struggle with enormous implications. The outcome of their high-profile dispute could influence...Tags: Litigation, Advertising, Media Industry, Bankruptcy, Economy, Business and Finance
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Wanda Group of China buys AMC Entertainment
The owner of China’s largest movie theater circuit took a big leap forward into the U.S. market, acquiring AMC Entertainment Inc., the nation’s second-largest theater chain, the latest in a flurry of high-profile deal-making between the...
Tags: Real Estate Sellers, Entertainment Events, Apollo Investment Corp., Bain Capital, LLC, Economy, Business and Finance
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For the record
Harvey Milk: In the May 23 LATExtra section, an article about Orange County supervisors' declining to recognize the birthday of slain gay-rights activist Harvey Milk said that Supervisor Janet Nguyen left the meeting room as speakers urged the board to...Tags: George Maharis, National Hockey League, Milk (movie), Colin Campbell, Janet Nguyen
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The Morning Fix: NBC gears up Olympics hype! CNN ratings tumble.
After the coffee. Before getting out of wet Boston. The Skinny: After almost two weeks on the road, I'm finally heading back home Wednesday night. Just don't tell me it's raining in Los Angeles. Wednesday's headlines include NBC's plans to hype the...
Tags: Satellite and Cable Service, Saoirse Ronan, Viacom Inc., Satellite Technology, ABC (tv network)
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NBCUniversal to boost online coverage of Summer Olympics
BOSTON — Recognizing that many viewers want to watch key events live, in prime time, rather than tape-delayed, NBCUniversal plans to bolster its coverage of the Summer Olympics in London in August by putting 3,000 hours of programming online.
The...Tags: Satellite and Cable Service, News Corp., Comcast Corp., CNBC (tv network), Media Industry
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