The Walt Disney Company (DIS) - NYSE
  • Apr. 17, 2013, 3:36 PM

    Aereo took out a full page ad in The New York Times to pitch its case to the public that its large media companies are ganging up on it. Fox (NWS, NWSA), NBC (CMCSA -2%), ABC (DIS -0.3%), and CBS (CBS -1.6%) are united in their stance that the startup's retransmission of content violates copyright law, but an initial court ruling has gone against them. (Previous: Broadcasters consider the nuclear option)

    | Apr. 17, 2013, 3:36 PM
  • Apr. 17, 2013, 11:12 AM

    Movie studios (DIS, TWX, CMCSA, LGF, VIA, VIAB, SNE) might be asleep at the switch, according data compiled from an industry trade group. While movies rated PG-13 almost doubled the return of R-rated movies in 2012, studios released twice as many of the R-rated variety. If box office numbers for Q1 are any indicator, execs haven't learned the lesson yet.

    | Apr. 17, 2013, 11:12 AM | 2 Comments
  • Apr. 17, 2013, 7:32 AM

    Disney (DIS) will launch a free TV channel in Germany starting next January. The new channel will feature programming from U.S-based Disney Channel and be stocked with films from the company's library. The big picture: Disney's entry into a crowded German TV market could be motivated by an effort to improve sluggish sales of Disney-branded products in the nation.

    | Apr. 17, 2013, 7:32 AM
  • Apr. 15, 2013, 7:51 AM
    Box office roundup: 1) Universal Studios (CMCSA) sees Oblivion score a $61.1M overseas after opening in 7.4K locations, boding well for the U.S. debut of the film on Friday. 2) The Croods keeps pulling in +$10M weekends and is now up over the $142M mark for Dreamworks Animation (DWA). 3) Oz: The Great and Powerful pushes over the $471M mark in global box office sales for Disney (DIS) to quietly make the film a rousing success for the company's studio.
    | Apr. 15, 2013, 7:51 AM
  • Apr. 12, 2013, 12:42 PM

    A round of layoffs at Disney's (DIS +0.2%) film studio divisions is tied to its new acquisitions as well as the conversion of consumers to digital and streaming options instead of DVDs and Blu-ray, according to industry expert Jeff Gomez. With the company strengthened by the additions of Pixar, Marvel, and Lucasfilm - a sharper focus will be on marketing and distribution within the old Disney studio as the new properties look poised to deliver hit after hit. The X-factor: Watch for more news this summer from the House of Mouse on Disney Infinity and its plans to merger gaming with its stable of franchise characters.

    | Apr. 12, 2013, 12:42 PM
  • Apr. 9, 2013, 8:06 AM

    Media watch: Univision chairman Haim Saban says his company will explore alternatives including moving to cable as it firmly believes Barry Diller-backed Aereo is pirating broadcasters' content. Last week, Aereo scored a legal victory which has thoroughly rattled the media industry (CBS, CMCSA, DIS, NWS). Previous: (News Corp. explores the nuclear option)

    | Apr. 9, 2013, 8:06 AM
  • Apr. 9, 2013, 6:49 AM
    Disney (DIS) expects to cut 150 jobs at Walt Disney Studios after an internal review ordered up by CEO Bob Iger found a bit of fat. Last week, the company shuttered the LucasArts studio which it picked up in the acquisition of LucasFilm.
    | Apr. 9, 2013, 6:49 AM | 1 Comment
  • Apr. 8, 2013, 5:28 AM
    Since Disney (DIS) took in ABC 17 years ago, the TV network has mostly operated outside the regular Disney universe, but that is changing as low ratings force ABC to seek inspiration for new hits. New shows include a drama based on Disney roller coaster Big Thunder Mountain Railroad and "S.H.I.E.L.D.," which is about ancillary characters from "The Avengers" blockbuster movie.
    | Apr. 8, 2013, 5:28 AM
  • Apr. 7, 2013, 2:01 AM

    The median total salary for the 100 highest-paid CEOs of major companies edged up 2.8% to over $14M in 2012, while the cost of perks, such as the use of private jets, jumped 19% to 320,635. Oracle's (ORCL) Larry Ellison was the top earner, receiving $96.2M in salary, perks and bonuses, and $90.7M in stock options. Other CEOs in the top 10 include HCA's (HCA) Richard Bracken, Disney's (DIS) Robert Iger, Nike's (NKE) Mark Parker, Starbucks' (SBUX) Howard Schultz and American Express' (AXP) Kenneth Chenault.

    | Apr. 7, 2013, 2:01 AM | 4 Comments
  • Apr. 5, 2013, 6:56 PM

    Former News Corp. President Peter Chernin bid ~$500M for Hulu (DIS, NWS, CMCSA) after its owners began reaching out to prospective buyers, Reuters reports. The reported bid price is well below the $2B valuation Hulu is believed to have been given when Providence Equity sold its stake last year, and Reuters cautions it isn't clear if the owners are still considering a sale.

    | Apr. 5, 2013, 6:56 PM
  • Apr. 5, 2013, 8:19 AM

    Disney (DIS) plans to lay off workers in its marketing, home video, and animation divisions after CEO Bob Iger ordered an internal audit to find ways to cut costs. Though the company didn't release any specific figures, the development is another indication that Disney segments that don't keep up will be trimmed. (Previous: Disney pulls the plug on LucasArts)

    | Apr. 5, 2013, 8:19 AM
  • Apr. 3, 2013, 3:04 PM
    Disney (DIS -0.2%) plans to shutter LucasArts studio and give its Disney Interactive division responsibilities for developing the Star Wars franchise in a cost-cutting and streamlining move. The announcement doesn't mean that development on the highly-anticipated Star Wars 1313 title will be permanently shelved as other media outlets are reporting.
    | Apr. 3, 2013, 3:04 PM
  • Apr. 1, 2013, 11:58 AM

    Online broadcast TV service Aereo scores a big legal win, as a U.S. appeals court rejects a bid from TV networks to declare Aereo guilty of copyright infringement. InterActiveCorp-funded (IACI) Aereo, which relies on thousands of antennas to transmit HD streams to subscribers, has broadcasters (CBS, NWS, DIS) up in arms thanks to its potential to undermine efforts to collect retransmission fees from pay-TV providers. The ruling comes as the WSJ reports Aereo has been talking with some of those pay-TV providers about distribution deals.

    | Apr. 1, 2013, 11:58 AM
  • Apr. 1, 2013, 9:58 AM

    Sofia the First thumps Dora the Explorer: A strong launch by Disney Junior has contributed to a major ratings slide for Nickelodean (VIA, VIAB) over the last year. Beyond strong ratings, Disney (DIS +0.4%) also has a merchandising success on its hands with estimates for Disney Junior products ranging as high as $1.5B for the first fiscal year of sales.

    | Apr. 1, 2013, 9:58 AM | 1 Comment
  • Apr. 1, 2013, 7:20 AM
    Box office wrapup: 1) Paramount Picture sees some vindication over its controversial decision to delay the launch of G.I. Joe: Retaliation by nine months after the movie puts in a solid $51.7M opening run. The studio pulled the plug on last summer's debut in order to convert the action film to 3-D. 2) Disney's (DIS) Oz The Great and Powerful rakes in another $11.6M and will pass $200M this week. 3) Hollywood box office revenue is down 12% YTD.
    | Apr. 1, 2013, 7:20 AM
  • Mar. 28, 2013, 9:49 AM

    ESPN says over 2.38M viewers watched the U.S. vs. Mexico World Cup qualifier on Tuesday night to double its previous record for a soccer match. What to watch: The Disney-owned (DIS +0.3%) network accounts for over 20% of the cost for a typical cable subscription - a revenue driver the company hopes will be unaffected by increased competition from NBC, Fox, and CBS with new sports networks.

    | Mar. 28, 2013, 9:49 AM
Company Description
The Walt Disney Co. together with its subsidiaries and affiliates is a diversified international family entertainment and media enterprise. It operates through five business segments: Media Networks, Parks & Resorts, Studio Entertainment, Consumer Products and Interactive Media. The Media... More
Sector: Services
Industry: Entertainment - Diversified
Country: United States