Walt Disney Co (DIS) Key Developments | Reuters.com
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Walt Disney Co (DIS)

DIS on New York Consolidated

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Latest Key Developments (Source: Significant Developments)

Walt Disney Co's ESPN said planning to eliminate as many as 350 jobs - Bloomberg - Reuters
Monday, 19 Oct 2015 08:00pm EDT 

Walt Disney Co:Disney's ESPN said planning to eliminate as many as 350 jobs - Bloomberg, citing sources - RTRS.Job cuts at ESPN sports network will be announced to employees as early as Wednesday- Bloomberg, citing sources - RTRS.  Full Article

Canal Plus announces agreement with Disney Media Distribution France
Wednesday, 7 Oct 2015 07:01am EDT 

Societe d'Edition de Canal Plus SA:Announces major agreement with Walt Disney Media Distribution France.This renewal of distribution agreement concerns exclusive premiers of films and VOD by subscription.  Full Article

Walt Disney Co - ESPN to lay off 200-300 employees in coming months- The Big Lead - Reuters
Monday, 21 Sep 2015 08:00pm EDT 

Walt Disney Co:Multiple sources inside and outside of ESPN tell The Big Lead that the network will be laying off “200 to 300” employees in the coming months -The Big Lead.These are the first ESPN layoffs since 2013, and might not be the last, as Disney has notified ESPN to trim $100 million from the 2016 budget and $250 million in 2017 -The Big Lead.  Full Article

Walt Disney Co appoints Executive Vice President and Chief Financial Officer - Form 8-K
Tuesday, 30 Jun 2015 05:02pm EDT 

Walt Disney Co:Has appointed Christine M. McCarthy Senior Executive Vice President and Chief Financial Officer.And has appointed Kevin A. Mayer Senior Executive Vice President and Chief Strategy Officer, each effective July 1.  Full Article

Walt Disney Co declares cash dividend
Wednesday, 24 Jun 2015 04:15pm EDT 

Walt Disney Co:The Walt Disney Company declares cash dividend of $0.66 per share for first half of fiscal 2015.Says disney will begin paying dividends on a semi-annual basis, rather than once a year.Says raises dividend 15% on an annualized basis.  Full Article

Lexibook Linguistic Electronic System announces strategic partnership with Walt Disney
Tuesday, 23 Jun 2015 03:02am EDT 

Lexibook Linguistic Electronic System SA:Announces strategic partnership with The Walt Disney Company around 'star wars' license.  Full Article

U.S. top court backs Walt Disney Co's Marvel in Spider-Man toy dispute - Reuters
Sunday, 21 Jun 2015 08:00pm EDT 

Walt Disney Co:Says U.S. Supreme Court ruled in favor of Marvel Entertainment LLC in a patent dispute over a toy that allows users, like the superhero, to shoot webs from the palms of their hands - Reuters.Says Justice Elena Kagan cited the line in explaining why the court, in a 6-3 ruling, declined to overrule a 51-year-old legal precedent concerning patent royalties, rejecting a bid for continued payments sought by the toy's inventor.Says the court backed Walt Disney Co's Marvel Entertainment in its legal fight with Stephen Kimble and an associate, Robert Grabb, over royalties on the web-shooting toy called the Spider-Man Web Blaster.  Full Article

Walt Disney Co announces appointment of officers - Form 8k
Tuesday, 2 Jun 2015 05:01pm EDT 

Walt Disney Co:Says on May 27, James A. Rasulo, senior executive vice president and chief financial officer of the company, advised the company that he will resign as chief financial officer effective June 30.  Full Article

DIRECTV and The Walt Disney Company sign expansive agreement
Tuesday, 23 Dec 2014 04:00pm EST 

Walt Disney Company and DIRECTV:Says wide-ranging, multi-year distribution agreement that will provide DIRECTV customers with access to Disney's robust lineup of top quality sports, news, kids and entertainment content across televisions, computers, smartphones, tablets, gaming consoles and other connected devices.Renewal agreement supports the companies' mutual goal to deliver the best video content to customers across multiple platforms by strengthening the value of the multichannel video subscription.  Full Article

Walt Disney Co announces increase in dividend
Wednesday, 3 Dec 2014 04:05pm EST 

Walt Disney Co:Declared an annual cash dividend of $1.15 per share, up 34 pct, or $0.29 per share, from previous year.Dividend is payable on Jan. 8, 2015.Dividend to shareholders of record at close of business on Dec. 15.  Full Article