Buenavista/Disney Pictures

by Lynn Walek
disney

Image Courtesy of the Official Disney Fan Club (www.d23.com)

Key Executives

Robert “Bob” Iger                                                                    Alan F. Horn
Chairman & Chief Executive Officer                                      Chairman
The Walt Disney Company                                                    The Walt Disney Studios

Robert "Bob" Iger - Image Courtesy of The Walt Disney Company

Robert “Bob” Iger – Image Courtesy of The Walt Disney Company

Alan F. Horn - Image Courtesy of The Walt Disney Company

Alan F. Horn – Image Courtesy of The Walt Disney Company

 

History

The Walt Disney Company was founded in 1923 when Disney brothers Roy and Walt sold the Alice Comedies. The star of the company, Mickey Mouse, was not seen until five years later when Steamboat Willie, the first sound cartoon, was released in 1928. The Disney Company continued to push boundaries releasing the first animated feature film, Snow White and the Seven Dwarfs, in 1937. [1] The company has grown and expanded into many aspects of entertainment. [2] Currently Walt Disney Studios owns Walt Disney Animation Studios, Pixar Studios, Walt Disney Studios Motion Pictures, Marvel, Touchstone, and Disneynature. In 2012 Disney purchased Lucasfilm, which most notably includes the Star Wars franchise. [3] [4] 

Finances

With the end of the 2014 fiscal year, Disney announced a record year. The fourth quarter earning report quotes CEO Bob Iger as saying: “Our results for Fiscal 2014 were the highest in the Company’s history, marking our fourth consecutive year of record performance.” [5] This year’s revenues are up from 45 billion to 48.8 billion, an eight percent increase. Net income increased from 6.1 billion in 2013 to 7.5 billion in 2014, a 22 percent increase. With the future slate Disney is set to release “21 tentpole movies…over the next three years, compared to only 13 in the last three”. [6] The increase in “tentpole” movies means Disney has the opportunity to continue breaking records as it expands franchises under its many banners. [5] [6]

Current Slate

Image Courtesy of IMDb

Image Courtesy of IMDb

 

Alexander and the Terrible, Horrible, No Good, Very Bad Day
Released October 10, 2014 this film is based on the popular children’s book of the same title. Despite comedy giant Steve Carell and well known actress Jennifer Garner headlining the film, it was only a mild success. It opened at number three at the box office and quickly fell out of the top five. It grossed 63 million domestically and 82 million worldwide with a production budget of 28 million. [7]

 

 

Image Courtesy of IMDb

Image Courtesy of IMDb

Big Hero 6
Released November 7, 2014, this is the first animated Marvel film. Disney CEO Bob Iger had high hopes for the film when he spoke to investors the day before its release, and it did not disappoint. [6] It grossed more than 205 million worldwide with a production budget of 165 million. It opened as number one at the box office and then held second place during its second and third weeks. The film follows the adventures of Hiro, a young boy, and his robot best friend, Baymax who according to IMDb “team up with a group of friends to form a band of high-tech heroes.” [8] Big Hero 6 has faced little direct competition until the November 26 release of Penguins of Madagascar. [8] [9] [10]

 

Image Courtesy of IMDb

Image Courtesy of IMDb

 

Into the Woods
This film will be released on December 25, 2014 (see trailer below [a]). This is a big screen adaptation of the Stephen Sondheim musical and boasts big name actors Meryl Streep and Johnny Depp. The film will feature a new song written for Streep. The film focuses on a witch (Streep) teaching lessons to various fairytale characters such as Little Red Riding Hood, Cinderella and Rapunzel. The film will be up against another family musical, Annie, as well as the third installment of family comedy franchise Night at the Museum: Secret of the Tomb. Both of these competing films will be released before Christmas on December 19. [10] [11]

 

 

Future Slate

Because Disney’s fiscal 2014 is over, the emphasis is on what is to come in the next fiscal year. In his address to investors on November 6, 2014, Bob Iger emphasized the future slate and franchise expansion. Disney has released several long term plans. [6]

Marvel

Image Courtesy of marvel.com

Image Courtesy of marvel.com

Marvel was acquired in 2009 and has become an instrumental part of Walt Disney Studios success. Currently Disney is working on two Marvel franchises, The Avengers (2012) and Guardians of the Galaxy (2014). There are 11 Marvel films planned for the next five years (see table 1). [6]

Table 1 Table created in Microsoft Word by Lynn Walek [6]

Image Courtesy of IMDb

Image Courtesy of IMDb

The next release on the Marvel docket is Avengers sequel Age of Ultron, which hits theaters in May 2015. Director Joss Whedon will return to lead stars Robert Downey Jr., Chris Hemsworth, Chris Evans, and Mark Ruffalo who will reprise their superhero roles. The trailer (see below [b])  which was originally set to air on October 28 during Marvel’s Agents of S.H.I.E.L.D. was leaked on October 22. Marvel and Disney responded by quickly posting the official trailer which got 34.3 million global views in its first 24 hours. This number shattered the previous record held by the Iron Man 3 trailer. [12] [13]

In the 2014 fiscal year, Guardians of the Galaxy had the highest domestic gross and the second highest worldwide gross. It grossed more than 770 million dollars worldwide. [14] Additionally, the success of Big Hero 6 proves that Marvel can produce successful animated films and they will likely continue to do so. [9]

Star Wars

Image Courtesy of lucasfilm.com/starwars

Image Courtesy of lucasfilm.com/starwars

Image Courtesy of IMDb

Image Courtesy of IMDb

Disney will produce a new trilogy of Star Wars movies: Episodes VII, VIII and IX. The title and teaser trailer for Episode VII have now been released. It will be called Star Wars: The Force Awakens and the trailer can be seen below [c]. This film will be released December 18, 2015. Episode VIII will be released in 2017 and Episode IX will be released in 2019. In 2016 Disney will release the first of their “stand alone” films within the Star Wars universe. [6]

 

 

 Pixar

Image Courtesy of official Disney Pixar Facebook

Image Courtesy of official Disney Pixar Facebook

Image Courtesy of IMDb

Image Courtesy of IMDb

Noticeably absent from the 2014 slate Pixar will be back in June 2015 with Inside Out. This film is not a franchise expansion but it lists big name stars, Amy Poehler, Mindy Kaling, and Bill Hader. Poehler, Kaling and Hader will voice three of five emotions from inside the mind of a little girl. Pixar will continue two successful franchises in 2016 and 2017. Finding Dory, sequel to Finding Nemo, will be released in 2016. The recently announced Toy Story 4 will be released in June 2017 and boasts the return of director John Lasseter who was at the helm of the first two installments of the Toy Story franchise. Lasseter is also the chief creative officer of Walt Disney and Pixar Animation Studios and principal creative advisor of Walt Disney Imagineering. [6] [15]

 

Disney Pictures

Image Courtesy of waltdisneystdudios.com

Image Courtesy of waltdisneystdudios.com

Image Courtesy of IMDb

Image Courtesy of IMDb

Following the success of Maleficent, which grossed 757 million dollars worldwide, Disney will continue to produce live action fairy tales. [16] The official Cinderella trailer was released on November 19 (see below [d]). This film is scheduled to be released in March 2015. Other live action fairy tales announced are The Jungle Book and Alice in Wonderland 2. Disney will also release another film in the Pirates of the Caribbean franchise. [6]

 

 

 

 

 

Sources*

[1] History of The Walt Disney Studios

[2] List of Disney Businesses

[3] List of Walt Disney Studio Businesses 

[4] USA Today Disney’s Lucasfilm Purchase 

[5] Walt Disney Fourth Quarter Earnings Press Release

[6] Walt Disney Fourth Quarter Earnings Conference Call Transcript 

[7] Box Office Mojo – Alexander…Bad Day

[8] IMDb – Big Hero 6

[9] Box Office Mojo – Big Hero 6

[10] Box Office Mojo Release Dates 

[11] Playbill – Into the Woods New Song

[12] IMDb – Avengers: Age of Ultron

[13] Deadline – Age of Ultron Trailer Leak

[14] Box Office Mojo – Guardians of the Galaxy 

[15] Walt Disney Exec Bio – John Lasseter

[16] Box Office Mojo – Maleficient

Trailer Sources*

[a] Disney Movie Trailers YouTube – Into the Woods

[b] Marvel Entertainment YouTube – Avengers: Age of Ultron

[c] Star Wars YouTube – The Force Awakens

[d] Disney Movie Trailers YouTube – Cinderella

*Note: All sources were last accessed on December 1, 2014.

Lionsgate Entertainment

by Naomi Pinkus

lionsgatelogo

Lionsgate Company Logo [1]

Contact Information:

Address: 2700 Colorado Ave Ste 200
Santa Monica, CA, 90404 United States

Phone Number: (310) 449-9200

Website: http://www.lionsgate.com

About Lionsgate:

Lionsgate Entertainment was founded in 1997 by financier Frank Giestra. In 2000 Giestra stepped down as CEO, and the current CEO, John Feltheimer, took charge along with the current Vice Chairman Michael Burns [2]. For a while, Lionsgate was seen as a small studio known for their Tyler Perry comedies and horror flicks such as Saw [3]. Then, in 2012, The Hunger Games came to theaters, and become one of the most successful film franchises in history. Since then, Lionsgate bought Summit Entertainment (Twilight series) and has been speeding up to the major film studios in record time [3]. This particular wiki will focus on Lionsgate’s motion picture production line of business, as it is also involved in television programming, home entertainment, distribution, and new channel platforms [2].

Key Executives:

Chief Executive Officer

John Feltheimer, Chief Executive Officer [4]

Vice Chairman

Michael Burns, Vice Chairman [5]

 

 

 

 

 

 

 

Since starting in 2000, Feltheimer and Burns have grown Lionsgate from an $80 million company to a nearly $4 billion one today. Lionsgate’s revenue has increased more than 15 times over [4].

Financials:

Lionsgate reported as of September 30th (when the quester ended) their revenue has increased by 11% to $552.9 million. They also had an adjusted EBITDA of $59.0 million. They also had an adjusted net income of $33.0 million or $0.24 adjusted basic net income per share. Additionally, they had a net income of $20.8 million or $0.15 basic net income per share, which is up from $0.00 basic net income per share last quarter [6].

Big Releases:

Hunger Games: Mockingjay Part 1:

In this portion of the story, Katniss is in District 13 as the face of the rebellion, while trying to save Peeta from the Capitol.

In this portion of the story, Katniss is in District 13 as the face of the rebellion, while trying to save Peeta from the Capitol [8].

The third movie in the Hunger Game’s franchise which made over $1.5 billion in the box office before this new release [7].  The Hunger Games is by far Lionsgate’s most well-known and lucrative project. This third film came out November 21st, and has spent its two weeks of release being number one in the box office [9]. With a budget of $125 million, it has already made $225 million in the domestic market and $480 in the international market [9]. This franchise is also responsible for the Jennifer Lawrence’s rise to one of the top A-List stars in Hollywood.

 

 

 

 

johnwick_poster

John Wick is the story of an ex-hitman who comes out of retirement to hunt the gangsters who took everything from him [10].

John Wick:

With the reintroduction of Keanu Reeves, John Wick did surprisingly well as number 2 in the box office opening weekend. With a budget of $20 billion, Lionsgate gained $42 million domestically and $17 million internationally [11].

 

 

 

 

 

 

 Smaller Film Releases:

addicted_poster

Addicted is a thriller that encompasses a story about a gallerist engaging in an affair, which jeopardizes her family and career [12].

ghosts_poster

Jessabelle is the story of a girl who returns to her hometown after a car crash, where she’s met with a dark spirit who won’t let her go [14].

Addicted came out on October 10, 2014 and made $17 million. It was in approximately 1,000 theaters for only about 7 weeks [13].

Jessabelle is a horror film that came out on November 7th, 2014. As of now, there is no information on the budget, earnings, or number of theaters of this film [15].

Dear White People is a story about four black people struggling with race at a university.

Dear White People is a story about four black people struggling with race at a university [16].

MV5BMTQ4NTkxOTEyMl5BMl5BanBnXkFtZTgwOTI1NzcwMzE@-1._V1_SY317_CR0,0,214,317_AL_

The Homesman is the story of a man and  woman who must transport 3 insane women across the country [18].

Dear White People was released on October 17th and has made about $4 million domestically (it was not released in the international market) [17].

The Homesman came out on November 21st. The film had an estimated budget of $16 millions and has only made $200,000 in the box office thus far [19].

 

 

 

 

Upcoming Releases:

Mortdecai:

Starring Johnny Depp, Gwenyth Paltrow, Ewan McGregor, and Olivia Munn, Mortdecai is sure to be a success. It is set to be released on January 23rd. The story is an action-comedy who’s premise is an art dealer is given a job to hunt down an art thief and faces an adventure across the world [20]. CEO Feltheimer compares this film to The Pink Panther and considers Depp’s character very “franchisable” [21]. The movie’s release was moved from early February so as to reduce the competition: now it is pinned up against Jennifer Lopez’s thriller The Boy Next Door [22]. 

Insurgent:

Perhaps the biggest grossing project next to The Hunger Games is the Divergent franchise. Insurgent, the second film of the trilogy, sets to be released to theaters on March 20th [23]. Divergent, the first film, made about $288 million worldwide last spring [24]. This film is estimated to be even more successful because the lead, Shailene Woodley, has escalated in fame since Divergent’s release through the film Fault in Our Stars [25]. Also interesting is the fact that Lionsgate has released a trailer that is a dream of the lead Tris (Woodley)- which has been commented on by news outlets as a risky way to promote the film, especially since they leave out the romance element of the film [25]. Insurgent will also be released in 3D.

The Age of Adeline:

Starring Blake Lively, The Age of Adeline tells a story about a woman who cannot age. It is set to be released on April 24th [26]. This is the first big movie Lively will lead in, so it’s a potentially big opportunity to draw fans in [27].

Spare Parts:

Spare parts is the story of four under-privledged hispanic boys starting a robotics club. It is set to hit theaters on January 16th and is starring George Lopez and Jamie Lee Curtis [28]. This film was a move by Lionsgate to reach out to and widen their Hispanic market. The Hispanic market is the fastest growing demographic in America, comprising 19% of U.S. box office revenue while representing 17.5% of the population [29].

Current Business Ventures:

Lionsgate has been extremely busy in the last few months expanding their company. The way they are doing this is by partnering up with many major companies to add projects to their plate and widen their distribution for the films they already had.

On September 3rd, Lionsgate announced that joined with Entertainment One, they would be renewing their multi-year film agreement in Canada, Australia, and Spain. This renewal will continue to distribute their major movies across the world, giving their company more recognition and money [30].

The last few months have been heavily focused on advertising and marketing The Hunger Games. On October 8th, Lionsgate partnered with Doritos, Mazda, and Whole Food’s, all of which sponsored a new app called “Our Leader, the Mockingjay” [31]. On October 20th, Lionsgate sent out a press release with the partnership between them and Google, where they created a five episode YouTube series about characters in Panem (the setting of The Hunger Games) [32]Then on November 7th it was announced that Lionsgate would be partnering with Imagine Nations to produce The Hunger Games as a theater production in the UK [33].

As of November 13th, Lionsgate has partnered with CBS Films on up to 12 wide-release films. In this agreement CBS finds and produces the films while Lionsgate deals with distribution. This will allow each company to benefit from each other’s strengths [34].

There are many other examples of Lionsgate using any film success they’ve had to branch out into new media channels. It seems as though they are going to continue moving full speed ahead on their business ventures.

 Sources:

[1] Lionsgate Company LogoDeadline.com, RT 2/5/13

[2] Lionsgate Company Overviewlionsgate.com, RT 12/1/14

[3] Lionsgate Fighting the Systembusinessinsider.com, RT 1/24/14

[4] CEO Jon Feltheimer, Lionsgate.com, RT 8/17/13

[5] Vice Chairman Michael BurnsLionsgate.com, RT 8/17/13

[6] Financial Reportlionsgate.com, RT 11/30/14

[7] Google and Lionsgate Team Uplionsgate.com, RT 10/20/14

[8] Hunger Games: Mockingjay Part 1Imbd.com, RT 11/21/14

[9] Hunger Hames: Mockingjay Part 1boxofficemojo.com, RT 11/30/14

[10] John Wick, imbd.com, RT 11/30/14

[11] John Wickboxofficemojo.com, RT 11/30/14

[12] Addictedimbd.com, RT 11/30/14

[13] Addictedboxofficemojo.com, RT 11/30/14

[14] Jessabelle, imdb.com, RT 11/7/2014

[15] Jessabelle, boxofficemojo.com, RT 11/30/2014

[16] Dear White People, imdb.com, RT 11/30/14

[17] Dear White People, boxofficemojo.com, RT 11/30/14

[18] The Homesman, imdb.com, RT 11/30/14

[19] The Homesman, boxofficemojo.com, RT 11/30/14

[20] Mortdecailionsgate.com, RT 11/30/14

[21] Johnny Depp’s New Franchisethewrap.com, RT 11/30/14

[22] Mortdecai to Hit Theaters Earlyhollywoodreporter.com, RT 11/30/14

[23] Insurgentlionsgate.com, RT 11/30/14

[24] Divergent, boxofficemojo.com, RT 11/30/14

[25] Insurgent Trailerforbes.com, RT 11/30/14

[26] Age of Adelinelionsgate.com, RT 11/30/14

[27] Blake Livelyusatoday.com, RT 11/30/14

[28] Spare Partslionsgate.com, RT 11/30/14

[29] George Lopezvariety.com, RT 11/30/14

[30] Entertainment Onelionsgate.com, RT 9/3/14

[31] Our Leader, The Mockingjay, lionsgate.com, RT 10/8/14

[32] Googlelionsgate.com, RT 10/20/14

[33] Theater Productionlionsgate.com, RT 11/7/14

[34] CBS Filmslionsgate.com, RT 11/13/14