The Walt Disney Company
The Walt DIsney Company
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| Type |
Public (NYSE: DIS) |
| Founded |
Los Angeles, California, U.S. (October 16, 1923) |
| Founder(s) |
Walt Disney and Roy Disney |
| Headquarters |
The Walt Disney Studios Burbank, California, U.S. |
| Key people |
Robert A. "Bob" Iger President & CEO John E. Pepper, Jr. Chairman Roy E. Disney DirectorEmeritus Steve Jobs Chief Shareholder Anne Sweeney President, Disney-ABC Television Group & Co-Chair, Disney Media Networks
|
| Industry |
Media and Entertainment |
| Revenue |
US$ 37.843 billion (2008) |
| Operating income |
US$ 7.402 billion (2008) |
| Net income |
US$ 4.427 billion (2008) |
| Total assets |
US$ 62.497 billion (2008) |
| Total equity |
US$ 54.878 billion (2008) |
| Employees |
150,000 (2008) |
| Divisions |
Walt Disney Studio Entertainment, Disney-ABC Television Group, Disney Interactive Media Group, Walt Disney Consumer Products, Walt Disney Parks and Resorts, Disney Interactive Studios |
| Website |
Disney.com |
The Walt Disney Company (NYSE: DIS), often simply known as Disney, is the largest media and entertainment conglomerate in the world, known for its family-friendly products. Founded on October 16, 1923, by brothers Walt Disney and Roy Disney as an animation studio, it has become one of the biggest Hollywood studios, and owner and licensor of eleven theme parks and several television networks, including ABC and ESPN. Disney's corporate headquarters and primary production facilities are located at The Walt Disney Studios in Burbank, California. The company has been a component of the Dow Jones Industrial Average since May 6, 1991. Mickey Mouse serves as the official mascot of The Walt Disney Company.
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Contents
- 1 Company Divisions
- 2 Senior Executive Management
- 3 Current Division Heads
- 4 Disney Management History
- 4.1 Presidents
- 4.2 Chief Executive Officers
- 4.3 Chairmen of the Board
- 4.4 Vice Chairman of the Board
- 4.5 Chief Operating Officers
- 5 Timeline
- 6 Financial Data
- 6.1 Revenues
- 6.2 Net Income
- 7 Criticism, controversies and conflict
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Company Divisions
Walt Disney Studio Entertainment
Disney-ABC Television Group
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ABC
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ABC News
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ABC Family
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Disney Channel
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Disney Family Movies
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Playhouse Disney
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Disney's One Saturday Morning
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ABC Kids
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Jetix (has now been changed to Disney XD)
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Jetix Play (has now been changed to Disney XD)
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Disney XD
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Radio Disney
ESPN Inc
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ESPN
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ESPN2
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ESPNEWS
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ESPN Classic
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ESPNU
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ESPN Deportes
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ESPN PPV
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ESPN Plus
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ESPN on ABC
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ESPN 360
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ESPN Mobile
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ESPN Radio
Disney Interactive Media Group
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disney.com
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ABC.com
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espn.com
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clubpenguin.com
Walt Disney Consumer Products
Walt Disney Parks and Resorts
The company's Walt Disney Parks and Resorts division owns and operates two resorts in the United States and another three internationally through various joint ventures and licensing agreements. These are:
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Disneyland Resort
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Walt Disney World Resort
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Tokyo Disney Resort, licensed to The Oriental Land Company
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Disneyland Resort Paris, through joint venture Euro Disney S.C.A.
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Hong Kong Disneyland Resort, through joint venture Hong Kong International Theme Parks
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Disney Cruise Line
Senior Executive Management
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Robert Iger - President and CEO
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Roy E. Disney - Consultant and Vice Chair Director Emeritus
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John Lasseter - Chief Creative Officer
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Thomas O. Staggs - Senior Executive Vice President and CFO
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Alan N. Braverman - Senior Executive Vice President, General counsel
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Ronald L. Iden - Senior Vice President, Security
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Brent Woodford - Senior Vice President, Planning and Control
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Dennis W. Shuler - Executive Vice President, Chief Human resources Officer
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Steve Milovich - Senior Vice President, Human Resources
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Zenia Mucha - Executive Vice President, Corporate Communications
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Preston Padden - Executive Vice President, Government Relations
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Christine M. McCarthy - Executive Vice President, Corporate Finance and Real Estate and Treasurer
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Kevin Mayer - Executive Vice President, Corporate Strategy, Business Development and Technology Group
Current Division Heads
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George W. Bodenheimer - Co-Chairman, Disney Interactive Media Group, President, ESPNinc,. and ESPN on ABC, Chairman, ESPN Board of Directors
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Anne Sweeney - Co-Chair Disney Interactive Media Group, President, Disney-ABC Television Group
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Walter C. Liss - President, ABC Owned Television Stations
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Mark Pedowitz - President, ABC Studios
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Paul Lee - President, ABC Family
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Brian Scott Frons - President, ABC Daytime
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David Westin - President, ABC News
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Rich Ross - President, Disney Channel's Worldwide
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Ellen Archer - President, Hyperion
Disney Management History
Presidents
Chief Executive Officers
Chairmen of the Board
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1945-1960: Walt Disney
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1945-1971: Roy O. Disney (Co-Chair 1945-1960)
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1971-1980: Donn Tatum
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1980-1983: Card Walker
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1983-1984: Raymond Watson
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1984-2004: Michael Eisner
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2004-2006: George J. Mitchell
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2007-Present: John E. Pepper, Jr.
Vice Chairman of the Board
Chief Operating Officers
Timeline
Further information: Timeline of The Walt Disney Company
Financial Data
Revenues
Annual Revenues of The Walt Disney Company (in millions US$)
| Year |
Walt Disney Studio Entertainment |
Disney Consumer Products |
Walt Disney Parks and Resorts |
Disney Media Networks |
Walt Disney Internet Group / Disney Interactive Media Group |
Total |
| 1991 |
2 593,0 |
724 |
2 794,0 |
|
|
6 111 |
| 1992 |
3 115 |
1 081 |
3 306 |
|
|
7 502 |
| 1993 |
3 673,4 |
1 415,1 |
3 440,7 |
|
|
8 529,2 |
| 1994 |
4 793 |
1 798,2 |
3 463,6 |
359 |
|
10 413,8 |
| 1995 |
6 001,5 |
2 150 |
3 959,8 |
414 |
|
12 525,3 |
| 1996 |
10 095 |
4 502 |
4 142 |
|
18 739 |
| 1997 |
6 981 |
3 782 |
5 014 |
6 522 |
174 |
22 473 |
|
1998 |
6 849 |
3 193 |
5 532 |
7 142 |
260 |
22 976 |
| 1999 |
6 548 |
3 030 |
6 106 |
7 512 |
206 |
23 402 |
| 2000 |
5 994 |
2 602 |
6 803 |
9 615 |
368 |
25 402 |
| 2001 |
7 004 |
2 590 |
6 009 |
9 569 |
|
25 790 |
| 2002 |
6 465 |
2 440 |
6 691 |
9 733 |
|
25 360 |
| 2003 |
7 364 |
2 344 |
6 412 |
10 941 |
|
27 061 |
| 2004 |
8 713 |
2 511 |
7 750 |
11 778 |
|
30 752 |
| 2005 |
7 587 |
2 127 |
9 023 |
13 207 |
|
31 944 |
| 2006 |
7 529 |
2 193 |
9 925 |
14 368 |
|
34 285 |
| 2007 |
7 491 |
2 347 |
10 626 |
15 046 |
|
35 510 |
| 2008 |
7 348 |
2 415 |
11 504 |
15 857 |
719 |
37 843 |
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^ also named Films
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^ a b Merged into Creative Content in 1996
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^ Broadcasting from 1994 to 1996
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^ Walt Disney Internet Group, from 1997 to 2000, next merged with Disney Media Networks
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^ Disney Interactive Media Group, starting in 2008 with the merge of WDIG and Disney Interactive Studios
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^ Suite au rachat d'ABC
Net Income
Net Income of The Walt Disney Company (in millions US$)
| Year |
Walt Disney Studio Entertainment |
Disney Consumer Products |
Walt Disney Parks and Resorts |
Disney Media Networks |
Walt Disney Internet Group / Disney Interactive Media Group |
Total |
| 1991 |
318,1 |
229,8 |
546,6 |
|
|
1 094,5 |
| 1992 |
508,3 |
283 |
644 |
|
|
1 435,3 |
| 1993 |
622,2 |
355,4 |
746,9 |
|
|
1724,5 |
| 1994 |
779,1 |
425,5 |
684,1 |
77 |
|
1 965,7 |
| 1995 |
998,4 |
510,5 |
860,8 |
76 |
|
2 445,7 |
| 1996 |
1 598 |
990 |
747 |
(-300). |
3 035 |
| 1997 |
1 079 |
893 |
1 136 |
1 699 |
-56 |
4 312 |
| 1998 |
769 |
801 |
1 288 |
1 746 |
-94 |
3 231 |
| 1999 |
116 |
607 |
1 446 |
1 611 |
-93 |
3 231 |
| 2000 |
110 |
455 |
1 620 |
2 298 |
-402 |
4 081 |
| 2001 |
260 |
401 |
1 586 |
1 758 |
|
4 214 |
| 2002 |
273 |
394 |
1 169 |
986 |
|
2 826 |
| 2003 |
620 |
384 |
957 |
1 213 |
|
3 174 |
| 2004 |
662 |
534 |
1 123 |
2 169 |
|
4 488 |
| 2005 |
207 |
543 |
1 178 |
3 209 |
|
5 137 |
| 2006 |
729 |
618 |
1 534 |
3 610 |
|
6 491 |
| 2007 |
1 201 |
631 |
1 710 |
4 285 |
|
7 827 |
| 2008 |
1 086 |
778 |
1 897 |
4 942 |
-258 |
8 445 |
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^ also named Films
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^ a b Merged into Creative Content in 1996
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^ Broadcasting from 1994 to 1996
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^ Walt Disney Internet Group, from 1997 to 2000, next merged with Disney Media Networks
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^ Disney Interactive Media Group, merge of WDIG and Disney Interactive Studios
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^ Not link to WDIG, Disney reported a 300 millions $ lost due to financial modification regarding a real estate
Criticism, controversies and conflict
Disney's media releases and company practices have prompted action from activists, artists, and causes around the world.
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Religious welfare groups, such as the Catholic League, have spoken out against the release of material which they and others found offensive, including vehement protests of the Miramax Films features Priest (1994) and Dogma (1999). Disney pushed back the release date for Dogma due to the controversy surrounding the movie, and eventually sold the distribution rights to Lions Gate Films. The ABC show Nothing Sacred, about a Jesuit priest, a children's book called Growing Up Gay (published by Disney-owned Hyperion Press), the annual Gay and Lesbian Days at Disney theme parks, and similar issues spurred boycotts of Disney and its advertisers by the Catholic League, the Assemblies of God, and other conservative groups.
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The Southern Baptist Convention (SBC) and the American Family Association voted to boycott Disney over opposition to the latter offering domestic partnership benefits to gay employees and the ABC show Ellen, in which Ellen DeGeneres' character came out as a lesbian; Disney ignored the boycotts, which failed. Both were withdrawn in 2005.
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In 1995 a pro-life lobby group, American Life League (ALL), alleged that several Disney films, including The Lion King, The Little Mermaid, and Aladdin contained subliminal messages and sexual imagery. The Lion King allegation was later denied by Tom Sito, a Disney animator and a writer for the film, who said that the letters written in the dust were actually "S.F.X". It was intended to be an easter egg signature from the animation department, and that the controversy that followed was entirely unintentional.
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The company has been accused of human rights violations regarding the working conditions in factories that produce their merchandise. It has been criticized also by animal welfare groups, for their care of and procedures for wild animals at Disney's Animal Kingdom theme park, and for using purebred dogs in movies such as 101 Dalmatians. Animal rights groups claim movies with purebreds create an artificial demand for purebreds from people who may not be prepared or temperamentally suited for the animals, many of whom end up abandoned or surrendered to shelters or rescue groups.
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An environmental management plan for a zone of Great Guana Cay, in the Abaco Islands, criticized Disney for poor management of a 90-acre (36.4 ha) tract of the island. Disney partially developed but then abandoned the place, which was to have been a cruise ship resort called Treasure Island. The report, by the University of Miami and the College of the Bahamas, blames Disney for leaving hazardous materials, electrical transformers, and fuel tanks, and also for introducing invasive alien plants and insects that threaten the natural flora and fauna of the island.
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Disney often recreates movies based on fairy tales or stories and sometimes changes key parts of them. For example the matchmaking interview from Mulan never actually existed in ancient China. Disney also has a perfume and cologne line.
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