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Walt Disney Company Announces Record Revenue & Profits

Walt Disney Company Announces Record Revenue & Profits

The Walt Disney Company ended its fiscal year last Thursday reporting a record $7.5 billion in profit from a revenue of $48.8 billion. That’s a hefty 22 percent increase in profit and 8% increase in revenue over their 2013 results as hit movies and robust theme park attendance combined to offset higher sports-rights costs at […]

Disney sells Miramax

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The Walt Disney Company has announced the sale of its Miramax film division for about $660m to a group of private equity investors. Disney has owned Miramax since 1993 when it bought the firm from Hollywood heavyweights Harvey and Bob Weinstein. The Weinstein brothers named the film company after their parents Miriam and Max and […]

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Another Member of the Disney Family Leaves Us

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It’s with sadness that we have to report that another member of the Disney family has left us today. Roy Edward Disney, (January 10, 1930 – December 16, 2009) was a longtime senior executive for The Walt Disney Company, which his father Roy Oliver Disney and his uncle Walt Disney founded. At the time of […]

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Disney’s planned expansion is good news for Orlando… in 2013

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The Walt Disney Company has just recently announced an expansion of Fantasyland and several other projects and this can only be seen as good news for the Orlando area. Theme parks always need something new to draw people back and it’s not before time that Fantasyland is now going to get its makeover. Basically, the […]

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