Burbank, California-based The Walt Disney Co. has reported a drop infourth-quarter profits. The entertainment company, which owns a filmstudio, a TV network (ABC) and runs theme parks around the world, said netincome fell to $85 million, or 4 cents a share, from $296 million, or 14cents a share, in 1998. Disney's earnings for its fourth quarter whichended September 30 included charges for acquiring Internet search serviceInfoseek Corp. Excluding the charges, profits fell 37 percent to $212
Tagged With: Disney
DISNEY CONSUMER PRODUCTS has named ROBYN MILLER senior vice president ofGlobal Marketing and Studio Development. In her new role, Miller will beresponsible for developing and implementing worldwide marketing andbranding strategies for all of Disney Consumer Products' businesses:Licensing, The Disney Store, Disney Publishing Worldwide, Walt Disney ArtClassics and Disney Interactive. She will also oversee the development ofconsumer products strategies for Disney entertainment properties. At Buena
THE WALT DISNEY COMPANY has completed the next stage in the development ofits international organization for Europe by naming six Disney veterans tocountry management roles. The six executives will all become managingdirector of six country groupings. CLAUS GYDESEN, 39, has been appointedmanaging director for Germany, Austria and Switzerland and will continue tobe based in Munich. As head of Disney's video operations in these markets,Gydesen established a direct-to-retailer operation that helped make Buena
At 91, Joe Grant is the only artist to have worked on both Fantasia and Fantasia 2000. Mike Lyons catches up with this special working Joe.
Work, in the form of original concept drawings, as well as 18 seconds of animation, done by Salvador Daliin 1946 at the Disney studio for a never-completed film called DESTINO, isbeing dusted off by Disney vice chairman Roy Disney (Junior) and will becompleted as an art house cartoon by the Disney studio, according to theLondon SUNDAY TIMES. "I am going to finish the work of Salvador Dali,"Disney told the newspaper. "At Disney, we need to recover our history." Theproduction will be supervised by Disney, who is a son of Roy Disney (Walt
DISNEY PUBLISHING WORLDWIDE has made several appointments. GUIDOMASTROPAOLO has been named Director of Global Planning and BusinessDevelopment for Disney Publishing Worldwide. Located in Paris,Mastropaolo's duties will include leading international initiatives to growrevenue by negotiating acquisitions, new business ventures and majorlicensing deals in order to ensure meeting overall publishing financialgoals. In addition, he will co-manage the strategic planning process and
BUENA VISTA PICTURES MARKETING has promoted MAE JOYCE to vice president ofnational publicity, and DAVID SINGH to vice president of creative filmservices. JOYCE will be responsible for strategizing, coordinating andadministrating all aspects of national publicity for films released underthe Walt Disney Pictures, Touchstone Pictures and Hollywood Picturesbanners. Joyce joined Disney in November 1996 after two years as apublicist with Warner Bros. During her tenure at Disney, she has served as
DISNEY PUBLISHING WORLDWIDE has named STEVE ASTER vice president ofcirculation and global operations, and LISA HOLTON has been promoted tosenior vice president, group publisher for global children's books. ASTERwill manage global operations and production services, which includesmanufacturing, printing, and co-printing, as well as a wide range ofservices to Disney Publishing Worldwide's licensees. Aster joined The WaltDisney Company in 1998 as vice president of circulation for Buena Vista
SANFORD M. (SANDY) LITVACK has been named vice chairman of the board of THEWALT DISNEY COMPANY. Litvack joined Disney in April, 1991, as senior vicepresident and general counsel, and was promoted to executive vice presidentthe following December. In May, 1992, he assumed the additional duties ofexecutive in charge of human resources. Before joining The Walt DisneyCompany, Litvack was a member of the executive committee and chairman ofthe litigation department of the international law firm Dewey Ballantine.
As Fantasia 2000's premiere date approaches, J.B. Kaufman finds Fantasia's roots and reveals Disney's hopes for their second chance at awakening Walt's dream.
With distribution outlets on the rise for animated programming in France, Valie Rivoallon reveals how both US and native companies are taking advantage of licensing and merchandising opportunities. Available in English and French.
Euro Disney has announced plans to open THE DISNEY STUDIOS, a second themepark in 2002 near the existing Disneyland Paris theme park inMarne-La-Vallee, east of Paris. The park will include attractions based oncinema, animation and television, similar to the Disney-MGM Studios at WaltDisney World in Orlando, Florida. Visitors to the park will be able toobserve animators working, special effects demonstrations and the filmingof TV programs. "The goal is that visitors pass through the movie screen
DISNEY INTERACTIVE has promoted JAN SMITH to executive vice president ofDisney's software-development business. Smith will be responsible forworldwide operations of Disney Interactive, including product development,marketing, finance and administration, business and legal affairs, andcustomer support.
According to Reuters, Patrick Naughton, 34, of Seattle, Washington,executive vice president of products at Infoseek Corp., the Internet mediasite which is part of Disney's Go Network, was arrested on Thursday,September 16, 1999 on the Santa Monica Pier, an amusement park area in WestLos Angeles. The arrest came after he met a female FBI agent who hadarranged to meet him there, according to Thom Mrozek, a spokesman for theU.S. Attorney's Office in Los Angeles. He is charged with interstate travel
Burbank, California-based DISNEY CONSUMER PRODUCTS has hired SUSAN GARELLIas vice president of human resources. Garelli joins Disney from Pasadena,California-based Avery Dennison, a worldwide manufacturer of self-adhesivematerials and consumer products, where she was also vice president of humanresources.
A website devoted to Walt Disney has been launched atdisney.go.com/disneyatoz/waltdisney/home.html. The site coversDisney's entire career, and features clips from Disney's animated andlive-action films, as well as family photos and home movies.
Although Disney has released a few titles on DVD, including THE NIGHTMAREBEFORE CHRISTMAS and A BUG'S LIFE, they have not released their classics inthe US on DVD, preferring to back DIVX, a DVD competitor that was soldthrough Circuit City retail stores. But now that DIVX is defunct, due tothe lack of consumer support, Disney is embracing DVD. Buena Vista HomeEntertainment will debut nine of Disney's animated features on DVD over thenext four months. Each of the titles will be available for a limited 60-day
John Libbey & Company Ltd. has published WALT DISNEY AND EUROPE by RobinAllan. The work is a study of the way Europe and European cultureinfluenced Walt Disney and his artists in the making of the Disney animatedfeature films from SNOW WHITE to THE JUNGLE BOOK. The book is 368 pages,and lavishly illustrated in black and white and color with manyillustrations that have never been published. Paperback: ISBN1-86462-041-2; £22.50; Hardback: ISBN 1-86462-040-4; £40.00. Robin Allan
Amy Boothe Green and her husband, Walt Disney Pictures publicist and vicepresident of studio communications, Howard Green, will appear in person tosign copies of their book, REMEMBERING WALT: FAVORITE MEMORIES OF WALTDISNEY, on Saturday, August 21 at The Disney Gallery in New Orleans Squareat Disneyland in Anaheim, California from 1:30-3 pm. For the book, theauthors interviewed more than 100 individuals about their experiences withWalt Disney, including Dick Van Dyke, Julie Andrews, animators Frank Thomas
Walt Disney International Europe and Buena Vista Internet Group (BVIG) havepromoted Andrew Barron to executive vice president of new media andbusiness development for Walt Disney International Europe; and Chafic Najiato senior vice president and managing director of Buena Vista InternetGroup Europe. Barron joined WDTV-I in 1995 as director of businessdevelopment. Since then he has been responsible for identifying andnegotiating several Disney Channel agreements, as well as equity
In October 1999, Disney publishing house Hyperion will publish PAPER DREAMS- THE ART AND ARTISTS OF DISNEY STORYBOARDS by John Canemaker. The bookprovides a behind-the-scenes look at the development of stories,situations, and personalities for many of Disney's animated films, fromPLANE CRAZY through TARZAN. It also includes information about many littleknown story artists and writers. Artists covered include Bill Peet, TedSears, Pinto Colvig, Earl Hurd, Webb Smith, Carl Barks, Harry Reeves, Homer
Disney Consumer Products has named Stephen De Kanter, a 10-year veteran ofDisney Consumer Products, president of Global Licensing, a new organizationthat will oversee Disney's worldwide merchandise-licensing operations. DeKanter has led Disney Consumer Products Latin America since 1989. In hisnew role, de Kanter will be responsible for planning, strategy, andlicensee management for all Disney licensing activities. Walt DisneyInternational has responsibility for the performance of The Walt Disney Co.
The five members of rock band Aerosmith, Steven Tyler, vocals; Joe Perry,guitars; Brad Whitford, guitars; Tom Hamilton, bass; and Joey Kramer,drums, have teamed with Walt Disney Imagineering to create a high-speedthrill ride for Walt Disney World Resort in Orlando, Florida, called Rock'n' Roller Coaster starring Aerosmith. It debuts this summer at Disney-MGMStudios. The indoor roller coaster features a high-speed launch of 0-60 mphin 2.8 seconds, three inversions, rock-concert lighting and a specially
The Walt Disney Co. and former Disney head executive Jeffrey Katzenberg have settled a lawsuit for undisclosed terms, thus ending a months long public trial. Since it began in April, the trial has produced many headlines as Katzenberg sought to secure from Disney two percent of future income derived from all movies, TV shows and merchandise made while he was studio boss from 1984 to 1994. Katzenberg estimated his share of the bonus, which was part of his employment contract with Disney, to be anywhere between $382 million and $580 million in court filings.