The Walt Disney Co. will buy back up to $8 billion in stock next year. This will give a boost to investor returns, the company’s chief financial officer Jay Rasulo said. Rasulo cited confidence in the return on Disney‘s investments, and its stock price, which has increased from 25% to
Tag: Jay Rasulo
Audio From the Disney Lucasfilm Investor Conference Call Audio
Here’s audio from the Disney investor conference call from October 30, 2012 regarding the Inquisition of Lucasfilm by the Walt Disney Company. “Lucasfilm reflects the extraordinary passion, vision, and storytelling of its founder, George Lucas,” said Robert A. Iger, Chairman and Chief Executive Officer of The Walt Disney Company. “This transaction combines
Disney to Acquire Lucasfilm
Continuing its strategy of delivering exceptional creative content to audiences around the world, The Walt Disney Company (NYSE: DIS) has agreed to acquire Lucasfilm Ltd. in a stock and cash transaction. Lucasfilm is 100% owned by Lucasfilm Chairman and Founder, George Lucas. Under the terms of the agreement and based
In Support of National Preparedness Month Disney Donates $1 Million to Red Cross
As part of National Preparedness Month this September, the American Red Cross today announced a $1 million grant from Disney to help kids and families prepare for disasters and other emergencies. Disney’s investment will support the Red Cross Pillowcase Preparedness Program as well as other youth services. Disney also
Disneyland Cars Land Preview
Walt Disney Parks and Resorts Chairman Jay Rasulo announces details of the new Cars Land being built at Disney’s California Adventure. Highlights include an update on the original Disneyland Flying Saucers and the Radiator Springs Racers based on updated Test Track technology. This was part of a presentation on ‘Imagineering
Former Disney parks chief reflects on tenure
During a seven-year span as leader of the Walt Disney Co.’s parks-and-resorts business, Jay Rasulo presided over the opening of just a single new theme park — yet he boosted sales from less than $6.5 billion when he arrived to nearly $11 billion this past fiscal year. The results reflect
