The Walt Disney company has grabbed the fourth spot on Fortune’s list of the World’s Most Admired Companies. The company is also the most admired company in the “Entertainment” industry category. The Walt Disney Company continues to be among the top “World’s Most Admired Companies,” holding the No. 4 spot
Tag: Disney & Company
Disney recognizing over 1000 Cast Members for their hard work & commitment
The Walt Disney Company is a truly wonderful entertainment company. They provide incredible theme park and resort experiences for guests. To show gratitude, Disney is honoring over a thousand Cast Members for their outstanding service! The Walt Disney World Cast and Community Facebook page gives praise to hard-working employees. Our
Disney’s CEO Bob Chapek issues statement on the incident in the U.S. Capitol yesterday
Disney’s CEO Bob Chapek has just released a statement on the incident that happened in the U.S. Capitol yesterday. A message from CEO Bob Chapek pic.twitter.com/57W51qkM8j — The Walt Disney Company (@WaltDisneyCo) January 8, 2021 In his statement he states that we must come together as a nation, united by
Disney Stock Downgraded
The recent surge of COVID-19 cases has put reopening targets on hold for many U.S. companies. Even companies such as Walt Disney Co (NYSE: DIS) are reeling from the effects. On Thursday, an analyst at Cowen expressed their concern and downgraded Disney stock. Cowen analyst Doug Creutz downgraded Disney from Outperform to
Disney calls on Congress to provide $1 trillion in coronavirus relief to local governments
Business leaders and corporate executives in the state of California are urging members of Congress to approve a budget increase for state and local governments affected by COVID-19. The business leaders are members of California Governor Gavin Newsom’s business recovery task force. Their objective is to help repair the economy
Saudi Arabia Investment Fund Buys 5 Million Shares in Disney Stocks
A Saudi Arabian wealth fund revealed in a SEC filing how they’ve been pursuing the purchase of U.S. investments. The Securities and Exchange Commission showed how Saudi Arabia’s Pubic Investment Fund recently purchased more than 5 million shares of stock in the Walt Disney Company for under $500 million. To
Disney Credit rating downgraded due to opening concerns
In business-related news, S&P downgraded the Walt Disney Company’s credit rating on Thursday, April 23, 2020. The credit agency based their decision on the impact of the coronavirus pandemic on on Walt Disney’s theme parks and assets with overhead costs. For instance, putting the production of TV and film projects
Disney signs $5 Billion credit agreement with Citibank
Last Friday, the Walt Disney Company entered into a new credit agreement with Citibank. The 364-day credit agreement is for up to $5 billion. The filing at Securities and Exchange Commission showed the credit agreement matures on April 9th, 2021. It can be extended if needed. This maneuver helps provide
Disney Television Animation Celebrates 35 Year Milestone
The Disney Television Animation Studio first launched in November 1984, now 35 years later, the studio is still going strong with new animation. The Glendale offices are filled with nods to The Walt Disney Company’s rich legacy which includes a vintage animator’s desk to a wall filled with images of
Disney CEO Bob Iger Resigns From Apple Board Over Streaming Conflict
Apple has confirmed that Disney CEO Bob Iger has resigned from Apple’s Board of Directors after a conflict arose over the launching of the new Disney+ streaming service and Apple TV+ streaming service. According to Apple, Iger resigned on September 10, 2019, which was the same day Apple announced the
The Four Seasons Resort Orlando Offering Two Summer Deals.
Summer is fast approaching, and it is time to make plans with an epic vacation. The Four Seasons Resort Orlando at Walt Disney World Resort is the perfect location! The 26-acre lakeside resort offers the perfect location for family bonding, but also offers a place for kids to be kids
Is Disney Buying 21st Century Fox?
CNBC is reporting that Disney is in talks with 21st Century Fox to purchase most of their company. The motive by Fox looking to sell to Disney? Fox is wanting to shift its focus solely to news and sports. Sources are reporting that the talks have been on and off
Bill Nye is Suing Disney for Millions in Unpaid Profits
Bill Nye has filed a lawsuit against Disney, ABC, Buena Vista Television, Touchstone, and other affiliates, for fraudlent concealment, fraudulent inducement, breach of contract, and breach of fiduciary duty. Most commonly known as “The Science Guy” Bill claims the company owes him $9 million. According to Bill Nye, he realized
Parent Files Lawsuit Against Disney Claiming Violation of Children’s Online Privacy Protection Act
In a class-action lawsuit brought against The Walt Disney Company, Disney Electronic Content and several others; Amanda Rushing is claiming that Disney’s Princess Palace Pets app among others violates the Children’s Online Privacy Protection Act. Rushing is claiming that the apps have illegally gathered information and are tracking the online
