Disney has agreed to pay $4 billion in cash and stock deal for Marvel, which values the company’s shares at $50 a piece. That’s a 29% premium over Marvel’s $38.65-a-share price on Friday. Some Highlight from the conference call can be read below…
Category: News
Disney to acquire Marvel – listen to the webcast
Building on its strategy of delivering quality branded content to people around the world, The Walt Disney Company has agreed to acquire Marvel Entertainment, Inc. in a stock and cash transaction, the companies announced today. Under the terms of the agreement and based on the closing price of Disney on
Hong Kong Disneyland has big things on the horizon
Recent speculation that the “artifacts” from Downtown Disney’s Adventurers club would end up as part of the Hong Kong Disneyland expansion project has raised interest in what’s on the table for the Hong Kong park. Here are highlights of what has been announced for Disney’s youngest theme park. There will
Disney’s ‘Wizards of Waverly Movie’ casts spell over ratings
Nobody can corral a crowd of kids on Friday night quite like the Disney Channel. Net’s debut of “Wizards of Waverly Place: The Movie” drew a whopping average audience of 11.4 million viewers, according to Nielsen prelims, making it cable’s most-watched telecast of the year. Disney Channel can now claim
Disney unveils Castaway Cay additions
Disney Cruise Line is preparing for a population surge on its private island. The upcoming doubling of its fleet entails bigger ships and thus more passengers waiting to play for a day on the shores of its 1,000-acre resort. The expansion plan calls for more than just setting out hundreds
Rob Zombie wants to direct Pirates 4…?
Walt Disney Pictures is moving forward with a fourth “Pirates of the Caribbean” movie that will focus on Jack Sparrow (Johnny Depp) searching for the fountain of youth. Gore Verbinski will not return to direct the new film, so Disney and producer Jerry Bruckheimer had to search for his replacement.
Disney Pixar’s Newt Movie Pushed Back to 2012
Summer 2011: Newt marks the directing debut of multiple Academy Award winning sound designer Gary Rydstrom, who made his Pixar debut with the short film Lifted, which premiered in front of Ratatouille. What happens when the last remaining male and female blue-footed newts on the planet are forced together by
Robin Williams in Disney’s ‘Wedding Banned’
Robin Williams is plotting to run down the aisle for Disney, signing on to star in “Wedding Banned” for Touchstone Pictures. In the comedy, Williams will play one-half of a long-divorced couple who kidnap their daughter on her wedding day in order to keep her from making a mistake. The
The Bear and the Bow – Disney Pixar Movie
The Bear and the Bow is an upcoming film and will be Pixar Animation Studios‘ 13th animated feature film. The film will be directed by Brenda Chapman, produced by Katherine Sarafian and features the voices of Reese Witherspoon, Billy Connolly and Emma Thompson. The film will be released during the
Philly Mom In Disney World – Kidnap Hoax Gets 9 to 23 Months
Bonnie Sweeten Sentenced to Prison Time for Faking Abduction That Sparked National Search Suburban Philadelphia mom Bonnie Sweeten was sentenced to nine to 23 months in prison for filing a false kidnapping report and then fleeing to Disney World with her daughter to avoid arrest. Sweeten, 38, called 911 and
Disney Cruise Line Expansion Underway
Disney Dream is underway. Disney Cruise Line celebrated the keel laying of the ship, the first of two newly-designed vessels which will expand the Dinsey fleet to four ships, at the Meyer Werft shipyard. “Our fleet expansion will allow us to satisfy demand on both the East and West coasts
Ace of Cakes “Duff” pops up in Disney’s ‘You Again’
“Ace of Cakes’ †Chef Duff just finished a new challenge. The Food Network star — Jeffrey Adam “Duff” Goldman — created a wild wedding cake for “You Again,†the new Disney comedy, directed by Andy Fickman and currently shooting in and around L.A. We visited him on the Pasadena
Disney Changes Blu-Ray Plans: Fantasia is Out, Dumbo is In
Despite it not being on their originally announced list of upcoming Blu-Ray titles, it now seems that Dumbo may be the next Disney classic to get a release under the Diamond Edition banner. According to Planeta HD, the disc will shelf in February of next year (they reported March at
Disney Revs Up for ‘Cars’ BirthDay Gift Set
Walt Disney Studios Home Entertainment on Nov. 10 will re-release the 2006 Pixar CG-animated film Cars as a Blu-ray combo pack gift set. The $49.99 set will include Cars on both Blu-ray Disc and DVD, plus die-cast model replicas of characters Lightning McQueen and Mater. The DVD includes the animated