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The Walt Disney Company Announces Second Startup Accelerator Program
The Walt Disney Company (NYSE: DIS) announced that it is accepting applications for its second Disney Accelerator program powered by Techstars. Disney Accelerator will select a class of 10 startup companies for a three-month mentorship and investment program beginning July 6, 2015 and concluding with a Demo Day on October 6, 2015. The program is open to technology-based startups with a vision for making an impact on the world of media and entertainment. Participants will be offered $120,000 in investment capital along with mentor support from top Disney executives, entrepreneurs, investors and other notable business leaders from the entertainment and technology communities. Read More Here
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The Walt Disney Company Reports Third Quarter and Nine Month Earnings for Fiscal 2014
BURBANK, Calif.–(BUSINESS WIRE)–The Walt Disney Company (NYSE: DIS) today reported third quarter earnings, which are a record for any quarter. Diluted earnings per share (EPS) for the third quarter increased 27% to $1.28 from $1.01 in the prior-year quarter. Excluding certain items affecting comparability(1), EPS for the quarter increased 24% to $1.28 from $1.03 in the prior-year quarter. Diluted EPS for the nine months ended June 28, 2014 increased 30% to $3.40 compared to $2.61 in the prior-year period. Excluding certain items affecting comparability, EPS for the nine months increased 31% to $3.43. “Our strategy of building strong brands and franchises continues to create great value across our company” “Our…
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Bob Iger, Chairman and CEO, The Walt Disney Company, Is Named “2014 CEO of the Year” by Chief Executive Magazine
Chief Executive magazine today announced that Bob Iger, CEO of The Walt Disney Company, has been named “2014 CEO of the Year,” an honor bestowed upon an outstanding corporate leader, nominated and selected by a group of CEO peers. This is the 29th year the award has been given, with past honorees including Bill Gates, former CEO of Microsoft, Jack Welch, former CEO of GE and Michael Dell, founder, chairman and CEO of Dell Computers. “Even iconic brands need fixing from time to time,” says JP Donlon, Editor in Chief of Chief Executive magazine. “But instead of the easy fixes, Bob Iger played the long game by addressing Disney’s cultural…
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Randy Garfield Announces Retirement from The Walt Disney Company
Randy Garfield, president of the Walt Disney Travel Company and executive vice president, worldwide sales and travel operations at Disney Destinations, has announced his retirement, effective April 1.