The Walt Disney Company

News

The Walt Disney Company Publishes 2014 Corporate Citizenship Summary

The Walt Disney Company has set corporate citizenship goals for the company that, according to Chief Financial Officer Jay Rasulo, have a direct impact on the company's financial strength and Disney's reputation as "one of the most trusted and admired companies in the world."

Hotel Occupancy at Disney Resorts Reached 89 Percent in First Quarter

During its fiscal first quarter The Walt Disney Company has seen its domestic hotel occupancy spike to 89 percent, compared to 81 percent for the same time last year. The report took into account room occupancy at all Walt Disney World Resort hotels and Disneyland Resort hotels.

The Walt Disney Company Names Tom Staggs Chief Operating Officer

The Walt Disney Company has named Tom Staggs the Chief Operating Officer. Staggs was the Chairman of Walt Disney Parks and Resorts and will continue to lead the Parks and Resorts division while also working in his new role. A successor is expected to be named to take over the Parks and Resorts division at a later date.

The Walt Disney Company Named a Diversity Leader of 2015

The Walt Disney Company was recently named to Profiles in Diversity Journal's list of Diversity Leaders of 2015. This list honors the company for maintaining a diverse workforce and an inclusive workplace. The Profiles in Diversity Journal is a well-respected industry magazine.

Meg Crofton Announces Plan to Retire on June 1, 2015

Meg Crofton, the president of Walt Disney Parks and Resorts' operations in the United States and France, is planning to retire on June 1, 2015. The announcement was made via an internal memo.

Crofton has been at the helm of the US and France parks' operations since 2011 and prior to that role she was the president of the Walt Disney World Resort from 2006 until 2011.

Disney Unveils Collectible Shareholder Certificate

The Walt Disney Company stopped issuing paper stock certificates to shareholders back in 2013, but the company has recently unveiled an all-new collectible shareholder certificate.

This new collectible certificate celebrates 90 years of The Walt Disney Company and is only available to current shareholders.

Disney Increases Annual Cash Dividend by 34 Percent

The Walt Disney Company Board of Directors has declared an annual cash dividend of $1.15 per share. This dividend is 34 percent higher, or 29 cents more, than the previous year.

Deal Between Turner Classic Movies and The Walt Disney Company Means Changes Coming to The Great Movie Ride

As part of a new deal between the Turner Classic Movies cable channel and The Walt Disney Company, The Great Movie Ride will be getting an update as early as next spring.

This new deal which is being officially announced today, joins TCM with two divisions of The Walt Disney Company.

The Walt Disney Company Reports Fourth Quarter and Year-End Earnings for Fiscal 2014

The Walt Disney Company has released its fiscal year 2014 fourth quarter and year-end earnings and the report showed an 8 percent increase in revenue to a record $48.8 billion and a 22 percent increase in income to a record $47.5 billion.

Disney Accelerator Program Hosts Inaugural Demo Day for Participants

The Disney Accelerator Program recently hosted its inaugural Demo Day for the program's participating companies.

The Demo Day gave the companies the opportunity to present their business to investors, entrepreneurs, industry leaders, and Disney executives. It wrapped up the 15-week program where companies had a chance to work with mentors including 60 Disney executives and 70 entrepreneurs and investors.

Articles

What It Took to Bring MyMagic+ and Magic Bands to the Walt Disney World Resort

It's a story filled with drama, intrigue, cast changes, and outrageous budgets. Think we're talking about the latest blockbuster film from Disney? Not even close. We're talking about the story behind MyMagic+ and Magic Bands and how the way we all experience Walt Disney World Resort has changed in the past few years.

Bob Iger to Remain Chairman and CEO of The Walt Disney Company Through June 30, 2018

The Walt Disney Company Board of Directors has extended the contract of Chairman and CEO Bob Iger through June 30, 2018.

Iger has been at the helm of The Walt Disney Company since 2005.

Under Iger's leadership Disney has acquired Pixar, Lucasfilm, and Marvel. The company has also seen an expansion of its parks and resorts around the world, including the opening next year of Shanghai Disneyland.

Walt Disney Company Raises Annual Dividend by 15 Percent

The Walt Disney Company announced that it is raising its annual dividend by 15 percent to 86 cents from 75 cents.

This boost comes after the company's third consecutive year of record net income, earnings per share, and revenue.

The dividend is payable on January 16, 2014 to shareholders of record on December 16. It is the 58th consecutive dividend payment to shareholders according to the company.

Disney’s Theme Parks and Interactive Media Divisions Boost Company’s Fourth Quarter Profits

The Walt Disney Company has reported a positive end to its fourth quarter and fiscal year, reporting a 7 percent increase in revenue for the year and an 8 percent increase in net income.

The positive quarter-and year-end results were due in large part to the theme park and interactive segments, including sales of Disney Infinity.

Disney Cast Members Couch to 5K Plus

The fun and inventive runDisney events have been inspiring Disney fans around the world to get up off the couch and get moving. But the Walt Disney Company's commitment to health and fitness isn't just about getting guests to visit the property. Since 2011 hundreds of Cast Members have been taking steps in the right direction to become more active.