• The Walt Disney Company
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    Breaking: Disney Considering Bid for Twitter

    The Walt Disney Company is evaluating a potential bid for Twitter, Bloomberg reported on Monday, citing people familiar with the matter. After receiving interest in discussing a deal, Twitter has started a process to evaluate a potential sale. Speculation that Twitter will be sold has been gathering steam in recent months, including last week’s news […]

  • Disney India
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    Disney India Drops Bollywood Production

    The Walt Disney Company India (UTV) is getting out of Bollywood, and changing its focus from local-language features to marketing Disney’s Hollywood films. Coming off the record success in India with The Jungle Book along with UTV produced Bollywood flops, including historical epic Mohenjo Daro, the studio has decided to get out of the Bollywood business. The studio has […]

  • The Walt Disney Company
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    Disney Beats 3rd Quarter Earnings Estimates

    Walt Disney Co’s quarterly profit and revenue on Tuesday beat analysts’ estimates fueled by movie studio hits, broadcast media and theme parks. They reported quarterly earnings of $2.6 billion for its third fiscal quarter ended July 2, 2016, an increase of $114 million over the prior-year quarter. Diluted earnings per share (EPS) for the quarter […]

  • D23
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    D23 Expo Tickets Go On Sale July 14th

    Thursday, July 14, at 10 a.m. PT, D23: The Official Disney Fan Club will begin selling tickets for the next D23 Expo, which will take place July 14–16, 2017, at the Anaheim Convention Center. The largest Disney fan event in the world, D23 Expo celebrates all the wonderful worlds of Disney entertainment, uniting all parts […]

  • The Walt Disney Company
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    Disney Donates $1 Million to Aid Orlando Victims

    The Walt Disney Company has given $1 million to a fund created to help support victims of Sunday’s mass shooting in Orlando. Mayor Buddy Dyer announced the One Orlando fund at Monday night’s vigil at the Dr. Phillip’s Center for the Performing Arts, including a $500,000 donation from Darden Restaurants, and $100,000 donations from air carrier […]

  • Disney Asia
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    Disney to Sue After Snow White, Capt. America & Star Wars Troopers Show-up In Wanda Park

    According to a story by Bloomberg, Walt Disney Co. said it’s prepared to take action to protect its intellectual property rights after performers dressed as Snow White, Star Wars Troopers and Captain America were sighted at Dalian Wanda Group Co.’s new theme park and entertainment complex in China. “We vigorously protect our intellectual property and will […]

  • D23
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    Michael Vargo Named D23 Vice President

    BURBANK, Calif. – Michael Vargo has been named Vice President, D23, Special Events and Disney Corporate Creative Resources, it was announced today by Zenia Mucha, Executive Vice President and Chief Communications Officer, The Walt Disney Company. A 24-year Disney veteran, Mr. Vargo will oversee D23: The Official Disney Fan Club and the Walt Disney Archives. […]

  • The Walt Disney Company
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    Disney Shares Drop 5% as Earnings Rise but Miss Estimates

    Shares of The Walt Disney Co. (DIS) tumbled 5% Tuesday after the media giant reported  second-quarter earnings and revenue that fell short of Wall Street estimates. Revenue rose 4% to $12.97 billion. Analysts had estimated $13.2 billion. The company said earnings rose 2% as Star Wars and Disney resorts’ performance helped offset flat revenue at its television businesses. But earnings per share, after […]

  • Disney Research
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    Disney Closing Cambridge Mass 3D Research Facility

    The Walt Disney company is closing the Cambridge, Massachusetts office of its research group this week, saying it no longer needs the branch. “We regularly evaluate our organization to meet the evolving needs of our business,” said Jennifer Liu, a spokeswoman for Disney Research, in a statement. The Cambridge office — known as Disney Research Boston — […]

  • The Walt Disney Company
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    Disney Reports Record Quarterly Earnings for 1st Quarter

    BURBANK, Calif.–The Walt Disney Company (NYSE: DIS) today reported record quarterly earnings of $2.9 billion for its first fiscal quarter ended January 2, 2016 compared to $2.2 billion for the prior-year quarter. Diluted earnings per share (EPS) for the quarter increased 36% to $1.73 from $1.27 in the prior-year quarter. Excluding certain items affecting comparability, […]

  • The Walt Disney Company
    Kevin Corcoran
    Notable ‘Disney Family’ Deaths in 2015

    Disney Legend “Moochie” Corcoran Dies at 66 Kevin Anthony “Moochie” Corcoran (June 10, 1949 – October 6, 2015) was a child actor for Walt Disney in the 1950s and 60s who appeared in films like “Old Yeller” before moving behind the camera to work in production, died on Tuesday in Burbank, California. The cause of […]

  • The Walt Disney Company
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    DbM’s Top 2015 News Stories – Corporate

    Story of the Year Disney’s 2015 Revenues Increased to a Record $52.5 Billion The Walt Disney Company today reported earnings for its fourth quarter and fiscal year ended October 3, 2015. Diluted earnings per share (EPS) for the fourth quarter increased 10% to $0.95 from $0.86 in the prior-year quarter.   Tom Staggs Named Disney […]