Disney’s 2019 Q1 Earnings Call: Disney Beats Quarterly Estimates, Discuss Plans for Disney+, Marvel & More
Today, Disney held its first quarter shareholders meeting, in which they discussed a wide range of topics including 2018 revenue, the future of Disney+, Marvel and more. While Wall Street expected the house of mouse to have an earnings per share of $1.55 on revenue of $15.18 billion, this was not the case. The entertainment ...
Disney Stands Firm on James Gunn Not Returning to ‘Guardians of the Galaxy Vol. 3’
Despite a widespread campagin from fans, critics and even people inside the company, DIsney is sticking to its decision to not bring back James Gunn as director of Guardians of the Galaxy Vol. 3 following his firing from the project. The decision came (via Variety) following a meeting between Gunn and studio chairman Alan Horn. Gunn and ...
Pixar Employees Discuss the Mood Surrounding John Lasseter’s Departure
This December, John Lasseter will officially depart Pixar and The Walt Disney Company. Regardless of the details surrounding his departure, this truly is the end of an era. He leaves behind a 30-year tenure as the leading creative force behind one of the most critical and commercially successful film studios in the world. He will ...
Pixar Co-Founder John Lasseter Leaving Disney Following Sexual Harassment Claims
Months after taking a six-month sabbatical following claims of sexual harassment, Disney has finally revealed the fate of Pixar co-founder. The studio announced today that Lasseter will be leaving the house of mouse at the end of the year. Lasseter took his initial leave from the company when he sent a memo to company employees apologizing ...
Disney CEO Bob Iger Has No Plans to Change Fox Searchlight After Purchase
Written By: Nick Poulimenakos In what should come as a major sigh of relief for movie fans, Disney CEO and Board Chairman Bob Iger announced today that here are no plans to rebrand or change the business operations of Fox Searchlight if and when Disney’s bid for 21st Century Fox assets receives regulatory approval. The statement came during Disney’s Annual Meeting ...
Disney Officially Buys Fox’s Film and Television Studios for $52.4 billion
Written By: Nick Poulimenakos It's official. The deal between Disney and 21st Century Fox was announced this morning and will see Disney acquiring Fox's film studio (20th Century Fox) as well as several televisions studios for $52.4 billion. Under the terms of the agreement, Fox will retain the Fox News Channel, Fox Broadcasting (which runs the ...