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Deadline has a list of the higest paid Chairmen, Chief Operating Officers (COO), Chief Financial Officers (CFO) and General Counsels in american business in 2012. The list includes Disney's Alan Bravermas as the 2nd highest paid General Counsel ($8.3 million) and Jay Rasulo as the 5th highest paid CFO at $12.2 million.
Forbes.com has an interesting article on Bob Iger's strategy of betting big on Disney franchises. The article starts with the story of Iger's precessor, Michael Eisner, choosing to pass on the Lord of the Rings film rights because it was too large of a risk.
A Time.com article does a good job of explaining the recent controversy over Disney's attempts to trademark 'Día de Los Muertos' due to it being the title of an upcoming Pixar film.
Fortune reports Disney has stopped production of branded merchandise in Bangladesh, in response to recent accidents there that have left more than 400 dead. Disney also announced it would halt production in four other countries - Ecuador, Venezuela, Belarus and Pakistan - by April 2014.
The Walt Disney Company will discuss fiscal second quarter 2013 financial results via a live audio Webcast beginning at 5:00 p.m. EDT / 2:00 p.m. PDT on Tuesday, May 7, 2013. Results will be released at approximately 4:15 p.m. EDT / 1:15 p.m. PDT. To listen to the Webcast, point your browser to www.disney.com/investors. The discussion will be available via replay through May 21, 2013 at 5:00 p.m. EDT / 2:00 p.m. PDT. These webcasts are usually pretty informative for Disney fans, particularly the question and answer session that follows.
The Hollywood Reporter writes Disney will launch a new, free-TV version of its Disney Channel in Germany, Europe's largest TV market, starting in January next year.
The Walt Disney Company blog looks at the expanding social media network of the company including the new Oh My Disney (OMD) blog.
Bloomberg.com writes about Disney cutting its film division by about 2% this week in a long-rumored move to cut costs and duplication.
Variety is reporting workers at Disney are bracing for layoffs in the coming weeks as part of an extensive reorganization. It's believed the studios will be the hardest hit division of the company.
Prominent online game designer Raph Koster announced he was leaving Playdom and Disney today. Koster has worked for Disney since they acquired Playdom in 2010.
AppleInsider.com writes Lodsys, a company that has been suing app makers over alleged licensing fees since 2011, is now suing Disney claiming they've wrongfully infringed on one of their patents.
Five months after Disney acquired LucasFilm for $4.05 billion, Disney has decided to shut down the company's game creation studio LucasArts which has been making games for 31 years. Disney will instead license the properties to other game studios. The move means layoffs and the putting on hold of two major projects - First Assault and 1313.
Variety writes rumors are swirling in Hollywood that Disney CEO Bob Iger won't be leaving his CEO position in 2015 as previously announced with so much (Shanghai Disneyland, Star Wars) happening it the company that year.
The Guardian UK details how Disney has used a self-imposed carbon tax as an incentive for its businesses to cut their carbon emissions (like running the Disneyland steam trains on cooking oil) and where the money collected is going.
Business Week has a great article that details last year's blockbuster acquisition of Lucasfilm by Disney.
At yesterday's annual Shareholder Meeting, Disney CEO Bob Iger announced an update to the Heroes Work Here program (which was itself announced at last year's meeting). Having already met their goal of hiring 1000 veterans in three years (they hired more than 1,3000 in just one year), they've updated the program's goal to now hiring 1000 more veterans over the next two years.
Iowa Shareholder since 1977: Wrote a short story about Toad an Donald Duck. Can I give it to the Company as a gift.
Iger: Has to turn to Cousel to ask if he can.
Questioner: I'm not looking for any compensataton
Counsel: On those terms, certainly.
Eight year old: Is it mroe important for a Disney movie what critics say or what kids say?
Iger: Absolutely Kids. What's your favorite"
Questioner: I like Cars 2 and all my friends loved it and want a Cars 3
WDW Cast Member: Company has done alot recently that he's honored to be a part of. Great new friends with Marvel, LucasFilm, Pixar. Unfortunate that not all shareholders can work for Disney and see the commitment to excellence and integrity the company has. The commitment is apparent.
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