Burbank, California – The Walt Disney Company [NYSE: DIS] announced on March 24 that ABC News President Ben Sherwood will assume the title of co-chairman, Disney Media Networks and president, Disney/ABC Television Group on February 1, 2015. Anne Sweeney, Co-Chair, Disney Media Networks and President, Disney/ABC Television Group, will remain in that capacity through January 2015. Effective immediately, Sherwood will begin the transition as Co-President, Disney/ABC Television Group. He will … [Read more...] about Disney names Ben Sherwood to succeed Anne Sweeney
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Disney acquires Maker Studios
Burbank, California – The Walt Disney Company (NYSE:DIS) has agreed to acquire YouTube video content network Maker Studios. Maker Studios shareholders will receive total consideration of US$500 million, and a performance-linked earn-out of up to US$450 million if the strong performance targets are met. With more than 55,000 channels, 380 million subscribers and 5.5 billion views per month on YouTube, Maker has established itself as the top online video network for Millennials. By … [Read more...] about Disney acquires Maker Studios
Anne Sweeney to leave Disney
Burbank, California – Anne Sweeney, who oversaw 18 years of tremendous growth and success of Disney’s global entertainment and news properties and who helped shepherd the television industry into the digital age, announced on March 11 that she would be departing The Walt Disney Company in January 2015 to pursue a career in Television Directing. Sweeney, who joined the company in 1996, is currently co-chair, Disney Media Networks and president, Disney/ABC Television Group. In … [Read more...] about Anne Sweeney to leave Disney
New Singapore HQ for Lucasfilm, Disney & ESPN opened
The award-winning Sandcrawler building officially opened on January 16 in a ceremony with Prime Minister of Singapore, Mr. Lee Hsien Loong, President of Lucasfilm, Kathleen Kennedy, and filmmaking legend George Lucas. The state-of-the-art building will be the regional headquarters for Lucasfilm Singapore, The Walt Disney Company (Southeast Asia) and ESPN Asia Pacific. With this world-class facility and the incredible talent housed within its gleaming glass walls, Lucasfilm Singapore will … [Read more...] about New Singapore HQ for Lucasfilm, Disney & ESPN opened
Disney donates half-a-million in relief support to the Philippines
Burbank, California - The Walt Disney Company announced that it will donate half-a-million dollars to Save the Children and The American Red Cross to support humanitarian aid and rebuilding efforts related to the recent tragedy in the Philippines. In addition, eligible donations from employees to organisations involved in disaster relief will be matched, dollar for dollar up to set limits, by Disney Employee Matching Gifts: a programme of The Walt Disney Company Foundation. "Our hearts … [Read more...] about Disney donates half-a-million in relief support to the Philippines
TrueVisions to launch localised Disney channels
Bangkok, Thailand - TrueVisions and The Walt Disney Company, Southeast Asia have announced the launch of a new channel for Thailand, Disney XD (DXD) as well as the expanded nationwide launch of Disney Channel and Disney Junior. All three channels will be localised and specially created for the Thai market. Subscribers to any TrueVisions pay package will be able to watch Disney content from September 15, 2013 with no extra fee - the first time TrueVisions is offering an … [Read more...] about TrueVisions to launch localised Disney channels