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Walt Disney Co (DIS.N)

DIS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Walt Disney Co says 2017 capital expenditures to drop
Tuesday, 9 May 2017 05:06pm EDT 

May 9 (Reuters) - Walt Disney Co :Walt Disney Co says currently expects fiscal 2017 capital expenditures will be about $0.2 billion lower than fiscal 2016 capital expenditures of $4.8 billion.Says decline in fiscal 2017 capital expenditures primarily due to decreased investments at international parks and resorts - sec filing.  Full Article

The Walt Disney Co reports qtrly revenue $13,336 million
Tuesday, 9 May 2017 04:05pm EDT 

May 9 (Reuters) - Walt Disney Co :The Walt Disney Company reports second quarter and six months earnings for fiscal 2017.Qtrly cable networks operating income decreased 3% to $1.8 billion.Walt Disney Co qtrly revenue $13,336 million versus $12,969 million.Walt Disney Co- Media networks revenues for quarter increased 3% to $5.9 billion.Q2 earnings per share $1.50 excluding items.Q2 earnings per share $1.50.Walt Disney Co- Parks and resorts revenues for quarter increased 9% to $4.3 billion.Walt Disney Co- Studio entertainment revenues for quarter decreased 1% to $2.0 billion.Walt Disney - Decrease in cable networks qtrly operating income due to decrease at espn, partially offset by increases at disney channels, freeform.Q2 revenue view $13.45 billion -- Thomson Reuters I/B/E/S.Q2 earnings per share view $1.41 -- Thomson Reuters I/B/E/S.Walt Disney - Decrease at ESPN qtrly operating income due to higher programming costs, partially offset by affiliate and advertising revenue growth.Walt Disney- Qtrly parks and resorts segment results adversely impacted by timing of Easter holiday.  Full Article

ESPN to implement changes in talent lineup this week
Wednesday, 26 Apr 2017 10:03am EDT 

April 26 (Reuters) - ESPN President John Skipper::ESPN President John Skipper in a memo to employees says "we will implement changes in our talent lineup this week".Says "limited number of other positions will also be affected and a handful of new jobs will be posted to fill various needs" - memo.  Full Article

Activist hedge fund CIAM says Euro Disney's buyout offer not fair for minority investors
Tuesday, 18 Apr 2017 05:35am EDT 

April 18 (Reuters) - Euro Disney /CIAM::* CIAM says 2 euros per share buyout offer for Euro Disney's minority shareholders is not fair.* CIAM says thinks minimum acceptable price is 2.50 euros/share.* Walt Disney is in process of taking full control of debt-ridden Paris theme park operator Euro Disney nL5N1GR51E.* Walt Disney has said it would support a recapitalisation of up to 1.5 billion euros, helping cut debt and improve Euro Disney's financial position..* Minority shareholders will be offered 2 euros a share to sell their stake to Walt Disney - a 67 percent premium to Euro Disney's share price on Feb 9, which was the day before the offer was announced..* Saudi billionaire Prince Alwaleed bin Talal also involved in Walt Disney's plans to take full control of Euro Disney.  Full Article

Walt Disney Company extends Robert Iger's contract as chairman and CEO to July 2, 2019
Thursday, 23 Mar 2017 11:00am EDT 

Walt Disney Co :The Walt Disney company board of directors extends Robert A. Iger's contract as chairman and CEO to july 2, 2019.  Full Article

Walt Disney Co says on March 10, 2017, entered into new $2.5 bln 364-day credit agreement
Monday, 13 Mar 2017 05:11pm EDT 

Walt Disney Co : Walt disney co says on march 10, 2017, entered into a new $2.5 billion 364-day credit agreement with a syndicate of lenders - sec filing .Walt disney co says new credit facility will expire on march 9, 2018 and replaces registrant's $1.5 billion 364-day credit agreement.  Full Article

Jakks Pacific renews licensing agreement with Disney consumer products
Monday, 6 Mar 2017 06:00am EST 

Walt Disney Co : Jakks Pacific renews licensing agreement with Disney consumer products for several entertainment properties in China . Jakks Pacific Inc- agreement includes more than 50 Disney entertainment properties .Jakks Pacific - multi-year agreement renewal with Disney consumer products and interactive media in China for merchandise rights for several entertainment properties.  Full Article

Walt Disney enters agreement to offer, sell $400 mln of floating rate notes
Friday, 3 Mar 2017 04:41pm EST 

Walt Disney Co : Walt Disney -on March 1, 2017, entered a terms agreement with underwriters with respect to offer and sale of $400 million of floating rate notes due 2020 . Walt Disney - also entered into terms agreement with respect to offer and sale of $500 million aggregate principal amount of its floating rate notes due 2022 . Walt Disney - also entered into terms agreement with respect to offer and sale of $600 million aggregate principal amount of its 1.950% notes due 2020 .Walt Disney - also entered into terms agreement with respect to offer and sale of $500 million aggregate principal amount of its 2.450% notes due 2022.  Full Article

Walt Disney and IMAX extend agreement with a new multi-picture deal
Wednesday, 22 Feb 2017 09:00am EST 

Walt Disney Co :Walt Disney Co - co, IMAX have extended agreement with a new multi-picture deal beginning this year and extending through 2019.  Full Article

The Walt Disney Company reports Q1 earnings per share $1.55
Tuesday, 7 Feb 2017 04:05pm EST 

Walt Disney Co : Walt Disney Co - Q1 revenue $14,784 million versus $15,244 million . Walt Disney Co qtrly media networks revenue $6,233 million versus $6,332 million . Parks and resorts revenues for quarter increased 6% to $4.6 billion . Walt Disney Co - Cable networks revenues for quarter decreased 2% to $4.4 billion and operating income decreased 11% to $0.9 billion . Studio entertainment revenues for quarter decreased 7% to $2.5 billion . The Walt Disney Company reports first quarter earnings for fiscal 2017 . Q1 earnings per share $1.55 excluding items . Q1 earnings per share $1.55 . Q1 revenue view $15.26 billion -- Thomson Reuters I/B/E/S . Q1 earnings per share view $1.49 -- Thomson Reuters I/B/E/S . Walt Disney Co - Decrease in cable networks operating income for quarter was due to a "decrease at ESPN" .Walt Disney - "Decrease at ESPN was due to higher programming costs and lower advertising revenue, partially offset by affiliate revenue growth" in quarter.  Full Article

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Disney's Iger says hackers claim to have stolen upcoming movie - Hollywood Reporter

Walt Disney Co Chief Executive Bob Iger has revealed that hackers claimed to have access to an unnamed upcoming movie and have demanded a ransom, the Hollywood Reporter said on Monday.