Disney

Link

Emma Lipstone and Susy Solino
The Walt Disney Company Logo

[1]   The Walt Disney Company Logo

 The Walt Disney Company

500 South Buena Vista St.
Burbank, CA 91521

Website: thewaltdisneycompany.com
Phone Number: (818) 560 – 1000

Company

The Walt Disney Company was founded on October 16, 1923 by Walter Elias Disney and is headquartered in Burbank, CA. The Company is one of the biggest media and entertainment corporations in the world. [2]. Walt Disney Studios is home to the four major film studios: Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios, and Lucasfilm Ltd. The Walt Disney Company also owns and operates Walt Disney Studios Motion Pictures, Disney Music Group, Disney Theatrical Group, DisneyToon Studios, Touchstone Pictures, and DisneyNature. [3]. 

Disney’s animation studio has produced around fifty-five animated feature films, with the fifty-sixth being Moana that was just recently released. Pixar has produced seventeen films; the most recent being Finding Dory. In 2009, Disney purchased Marvel Studios and has since produced multiple movies based off of Marvel comic book characters including: The Avengers, X-Men, Spider-Manand Guardians of the Galaxy. Most recently in 2012, Disney acquired Lucasfilm Ltd. which is the studio best known for creating the Star Wars and Indiana Jones franchises.

In addition to popular film franchises, Walt Disney Company owns and operates many television channels that produce popular television series’. The biggest subsidiary under Disney Media Networks is ABC, which produces hit network shows such as Scandal and How to Get Away with Murder. [5]. Disney also owns ESPN and operates A&E Networks in a joint venture with Hearst Corporation, along with a portion of Hulu.

 

The Walt Disney Company

[9] Some of The Walt Disney Company Conglomerates

Financials

The Walt Disney Company (NYSE: DIS) stock has been declining in the past few quarters.

According to the earnings report released on November 10, 2016, operating income at Cable Networks decreased $207 million to $1.4 billion for the quarter due to decreases at ESPN and the Disney Channels. [6]. 

ESPN has been losing subscribers to online streaming, such as Netflix or over-the-top streaming services. Also, social media has provided access to a lot of breaking news and sports live broadcasting, luring viewers away from cable television. One of the biggest issues facing ESPN and The Walt Disney Company is that the sports cable network has already paid huge rights fees for the next 5 years, yet subscribers are only paying $8 a month to cover the games, which will not exist in a few years. The increase in programming and production costs were due to The Olympics programming internationally, the World Cup of Hockey rights, and higher contractual rates for college sports. [7]. 

However, the growth at Freeform, which is the old ABC Family, has been very successful this quarter due to lower programming and production costs, as well as a decrease in marketing expenses. These were driven by fewer hours of original scripted programming in the current quarter.

 

Disney Stock

[33] Disney stock prices for last 2 years

Key Executives

Robert A. Iger: Chairman and Chief Executive Officer

[8] Robert A. Iger: Chairman and Chief Executive Officer

[8] Alan N. Braverman: Senior Executive Vice President

Christine M. McCarthy: Senior Executive Vice President and Chief Financial Officer

[8] Christine M. McCarthy: Senior Executive Vice President and Chief Financial Officer

Zenia Mucha: Executive Vice President and Chief Communications Officer

[8] Zenia Mucha: Executive Vice President and Chief Communications Officer

Jayne Parker: Executive Vice President and Chief Human Resources Officer

[8] Jayne Parker: Executive Vice President and Chief Human Resources Officer

Box Office Reports

captain-america-civil-war-poster-2

[12] Movie poster for “Captain America: Civil War” (2016)

2016 was announced as The Walt Disney Company’s most successful International Box Office record to date, reporting over $3.56 Billion through October 16th in just international sales, surpassing their 2015 general record of $3.56 Billion. [10]. This was due to a powerhouse series of releases throughout 2016, beginning with the summer blockbuster Captain America: Civil War which brought in 1.15 Billion worldwide viewers, $745 million Internationally and was named the No. 1 film of the year internationally and globally. [11].

movie_poster_zootopia_866a1bf2

[14] Movie poster for “Zootopia” (2016)

The animated release of Zootopia also helped spike Disney’s international numbers as it was named the biggest animated film to ever be released in China and brought in $682.3 million internationally. Elsewhere in the studio, 2016’s surprise remake of The Jungle Book also experienced a successful release, bringing in $602.3 million internationally as well as the title of “Top Western Film of all Time” in India and the No. 3 film of the year overseas.  [13]. Furthermore, while being in the box office for nearly 16 weeks, Finding Dory managed to break records and pass the billion dollar global box office line by bringing in $484.8 million domestically and $519.9 million internationally, making it Pixar’s second billion dollar release and earning a rank as the 5th biggest animated film of all time, globally. [15]. 

As though breaking international box office records was not enough, Disney also managed to set new industry records for reaching $2 billion domestic (July 16th) and $5 billion global (July 10). As well as earned three new spots in the Hall of Fame for domestic box offices with Finding Dory, Captain America: Civil War, and Zootopia. All of this success comes with still two-and-a-half months and three major releases remaining in their calendar year. [16].

dory_characters_0afa6e45

Dory, the star of “Finding Dory” (2016), now the fifth highest grossing animated film of all time. [17]

 

Recent and Future Releases

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[18] Movie poster for Marvel’s “Doctor Strange” (2016)

Marvel Studio’s Doctor Strange represents another large victory for The Walt Disney Company’s Marvel unit, even on the heels of the overwhelming success of Captain America: Civil War. 

Doctor Strange was projected to collect anywhere from $65 million to $75 million in ticket sales from the United States and Canada through opening weekend, positively surprising analysts and bringing in $85 million and the #1 rank instead. Since its release, Doctor Strange has made over $200 million domestically and over $400 million internationally, crossing $600 million worldwide in under 4 weeks. [19].

Moana, who was scheduled for a holiday release, has surpassed the high expectations set by Doctor Strange, bringing in over $81 million domestically throughout its opening weekend. [20]. 

flex_moana_header_ddaba7de

[22] Movie poster for “Moana” (2016)

Further down the line, fans eagerly await the release of Star Wars: Rogue One. As well as Disney’s live action remake of Beauty and the Beast and the recently announced remakes of Mulan and Snow WhiteAll of which are predicted to be box-office heavy hitters. [21]. 

[23]. 

Diversity

videothumbnail_elanaofavalor_teaser_02_ce1b790c

[24] Elena of Avalor, Disney’s first Latina princess.

In light of a growing diverse culture and need for representation in the film industry, Disney had begun fighting back against claims of their white-washing tactics and ill representation in their films by allowing more diverse roles in their characters and plots.

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[25] Moana, Disney’s first Polynesian heroine.

This year’s recently released Moana revolves around Tahitian and Pacific Islander culture and will be the first Disney film every to be translated into the Tahitian language. [26]. Furthermore, Disney introduced the world to their first Latina princess earlier in the year with the release of their television series Elena of Avalor, a Disney Channel show revolving around latin customs and characters [27] further proving the Company’s desire to focus on promoting more representation of diversity through their media. In addition to their animated strikes towards representation, Disney has announced their search for Chinese actors to star in the upcoming Mulan remake. [28]. 

jungle-book-to-mulan-all-the-live-action-disney-movies-in-the-works-right-now

[29] Movie poster for Disney’s upcoming live action remake of “Mulan,” featuring a Chinese actress.

Future Integration

In addition to divulging into a more diverse space, Disney has also shown interested in expanding into a more digital and web space with their media. In September 2016, Disney began showing signs of interest for acquiring the social media giant, Twitter Inc., going as far as to work with advisors to put together a potential bid for the company. [30].  While eventually deciding to go against the deal for image reasons, as the social network is known for its reputation of bullying and harassment, the interest in social media gives clear insight that Disney has begun exploring new digital horizons. [31]. Many analysts have taken note of Disney’s interest to expand digitally and predict that the streaming giant, Netflix, might be next on the company’s list of potential assets. [32]. 

Bibliography

  1. Walt Disney Company Logo. Retrieved November 1, 2016. http://logok.org/disney-logo/
  2. Walt Disney History. Retrieved November 1, 2016. https://d23.com/disney-history
  3. The Walt Disney Company. Retrieved November 1, 2016 https://thewaltdisneycompany.com/about/#our-businesses
  4. Box Office Reports. Retrieved October 28, 2016. boxofficemojo.com
  5. Johnson, Madeleine. June 16, 2016. Your Complete Guide to All the Things Owned by Disney. Retrieved November 21, 2016. https://www.zacks.com/stock/news/220682/your-complete-guide-to-all-the-things-owned-by-disney
  6. November 10, 2016. The Walt Disney Company Reports Fourth Quarter and Full Year Earnings for Fiscal 2016. Retrieved November 11, 2016. https://ditm-twdc-us.storage.googleapis.com/q4-fy16-earnings.pdf
  7. October 31, 2016. Disney: ESPN Still has a Big Problem. Retrieved November 2, 2016. http://seekingalpha.com/article/4017145-disney-espn-still-big-problem
  8. The Walt Disney Company About. Retrieved November 1, 2016. https://thewaltdisneycompany.com/about/
  9. The Walt Disney Company. Retrieved November 2, 2016. https://storify.com/LA346TeamDisney/the-walt-disney-company
  10. McNary, Dave. October 17, 2016. ‘Captain America: Civil War,’ ‘Finding Dory’ Push Disney to International Box Office Record. Retrieved October 18, 2016. https://variety.com/2016/film/news/captain-america-civil-war-finding-dory-disney-box-office-record-1201891155/
  11. Tartaglione, Nancy. October 17, 2016. Finding Money: Disney Tops Full-Year Intl Box Office Record with $3.56B+ (So Far). Retrieved October 18, 2016. http://deadline.com/2016/10/walt-disney-studios-all-time-international-box-office-record-captain-america-zootopia-1201837655/
  12. Freeman, Molly. November 25, 2016. Captain America: Civil War Character Posters- Superhero Fight Time. Retrieved November 27, 2016. http://screenrant.com/captain-america-3-civil-war-posters-iron-man/
  13. Laughing Place Disney Newsdesk. October 17, 2016. 2016 International Box Office is Disney’s Best Year Ever. Retrieved October 19, 2016.   http://www.laughingplace.com/w/news/2016/10/17/2016-international-box-office-disneys-best-year-ever/
  14. Disney Zootopia. Retrieved November 10, 2016.  http://movies.disney.com/zootopia
  15. October 10, 2016. “Finding Dory” Keeps Swimming to $1 Billion. Retrieved October 20, 2016. https://thewaltdisneycompany.com/finding-dory-keeps-swimming-1-billion/
  16. Derisz, Ricky. October 18, 2016. ‘Captain America: Civil War’ Helps Disney Break its Own $3 Billion International Box Office Record…With More to Come. Retrieved October 19, 2016. http://moviepilot.com/p/captain-america-civil-war-disney-box-office-record/4127909
  17. Disney Movies: Finding Dory. Retrieved November 21, 2016. http://movies.disney.co.uk/finding-dory
  18. CS. April 4, 2016. Doctor Strange Filming Wraps as Mads Mikkelsen’s Villain is Revealed. Retrieved November 15, 2016. http://www.comingsoon.net/movies/news/673101-doctor-strange-filming-wraps-as-mads-mikkelsens-villain-is-revealed#/slide/1
  19. Faughnder, Ryan. November 1, 2016. ‘Doctor Strange’ is Expected to Draw a Massive Audience for Disney’s Marvel Studios. Retrieved November 2, 2016.  http://www.latimes.com/entertainment/envelope/cotown/la-fi-ct-movie-projector-20161031-story.html
  20. The Associated Press. November 27, 2016. ‘Moana’ Wins Box Office with Huge Opening Weekend. Retrieved November 27, 2016. http://www.nydailynews.com/entertainment/movies/moana-wins-box-office-huge-opening-weekend-article-1.2888989
  21. Acuna, Kirsten and Phillips, Ian. October 26, 2016. Disney Announced all its Movies Coming in the Next 4 Years – Here’s What you have to Look Forward to. Retrieved October 28, 2016. http://www.thisisinsider.com/disney-movie-schedule-2016-to-2019-2016-10/#strange-cumberbatch-will-play-a-surgeon-who-injures-his-hands-severely-in-accident-2
  22. Disney Moana. Retrieved November 25, 2016. http://movies.disney.com/moana
  23. May 23, 2016. Beauty and the Beast Official US Teaser Trailer. Retrieved November 15, 2016.  https://www.youtube.com/watch?v=c38r-SAnTWM
  24. Ranere, Dianna. August 12, 2016. Disney’s Elena of Avalor Renewed for 2nd Season #ElenaOfAvalor. Retrieved October 28, 2016. http://www.fsm-media.com/disneys-elena-avalor-renewed/
  25. Lodi, Marie. July 1, 2016. Why People are Upset About this Character’s Weight in Disney’s New Movie “Moana”. Retrieved November 10, 2016. http://hellogiggles.com/moana-maui-people-angry-obese-stereotype/
  26. October 25, 2016. Walt Disney Animation Studios’ “Moana” to be First Film Ever Translated into the Tahitian Language. Retrieved October 26, 2016. https://thewaltdisneycompany.com/moana-first-film-translated-tahitian-language/
  27. Hughes, Ruth. October 16, 2016. Teen Spirit: Meet the new Plucky Disney Princess Elena of Avalor. Retrieved October 17, 2016. http://www.express.co.uk/life-style/life/720813/Disney-Channel-Elena-Of-Avalor-princess
  28.  Biek, Katherine. October 5, 2016. Disney Seeks Chinese Actress for ‘Mulan’ Remake. Retrieved November 20, 2016. http://www.whio.com/news/national/disney-seeks-chinese-actress-for-mulan-remake/fG3AO2Pqefhu4NVlI8ycfI/
  29. Edwards, Ally. October 16, 2016. Jungle Book to Mulan: All the Live Action Disney Movies in The Works Right Now. Retrieved October 17, 2016. http://moviepilot.com/posts/3590427
  30. Roettgers, Janko. September 26, 2016. Disney is Looking into Buying Twitter (Report). Retrieved October 20, 2016. http://variety.com/2016/digital/news/disney-twitter-acquisition-possible-1201870392/
  31. New Statesman. October 18, 2016. Disney Didn’t Buy Twitter- Partly because it Can’t Master the Bare Necessities. Retrieved October 19, 2016.  http://www.newstatesman.com/science-tech/social-media/2016/10/disney-didn-t-buy-twitter-partly-because-it-cant-master-bare
  32. Williams, Trey. October 5, 2016. Netflix Said to be in Disney’s Crosshairs, and Analysts see a Streaming Rationale. Retrieved October 21, 2016. http://www.marketwatch.com/story/disney-remains-center-of-merger-talk-this-time-its-netflix-2016-10-03
  33. The Walt Disney Company (DIS). Retrieved November 20, 2016. https://finance.yahoo.com/quote/DIS?p=DIS

Disney Movies

Walt Disney Image Logo

[1] Walt Disney Image Logo

HISTORY

In 1928, Disney created its first attempt at a motion picture called Steamboat Willie, which introduced the infamous Mickey Mouse. Later, in 1934, Walt Disney informed his animators of his intentions of creating the first ever Disney original movie, Snow White and the Seven Dwarfs, which was released three years later, in 1937. This movie was an extreme success and became the highest grossing film of its time until the release of Gone with The Wind. Later on, numerous other successes were released such as Cinderella (1950), Treasure Island (1950), Mary Poppins (1964), The Little Mermaid (1989), Beauty and The Beast (1991), Aladdin (1992), and The Lion King (1994).

Over the years, Disney grew to become a worldwide success, and eventually, in 200, named Robert A. Iger the Walt Disney Studios president, and reached the $25 billion revenue threshold for the first time. He later became chief executive in 2005. Since then, Disney Movies has expanded into a wide scope of entertainment, reaching audiences of all ages. [27]

KEY EXECUTIVES

Sean Bailey President, Walt Disney Studios Motion Picture Productions

[2] Sean Bailey
President, Walt Disney Studios Motion Picture Productions

Alan Horn Chairman, The Walt Disney Studios

[3] Alan Horn
Chairman, The Walt Disney Studios

Robert A. Iger Chairman and Chief Executive Officer

[4] Robert A. Iger
Chairman and Chief Executive Officer

 

FINANCIALS

The 2015 Fiscal Year financial report for Disney has shown extraordinary success throughout the past year. Star Wars The Force Awakens has become the highest grossing movie in the history of the United States and has earned over $1.7 billion world wide. They are anticipating the sequel, Rogue One, to exceed expectations in 2016 and 2017. In fact, Disney Movies has already begun work on Episode VIII for its release in 2017.[5]

IN THEATRES

Zootopia

Zootopia 2016 Release: March 4, 2016 Rated: PG

[6] Zootopia 2016
Release: March 4, 2016
Rated: PG

The Disney original movie, Zootopia, directed by Byron Howard, Rich Moore, and Jared Bush,[7] did profoundly well in the Box Office opening weekend. Opening at number 1 on the weekend of March 4th, 2016, this movie earned an opening weekend gross of $75,063,401 domestically. Including international gross, Zootopia made a cumulative amount of $891,331,606.[8] The majority of the target audience was children, however, as a result of its popular cast, including, Ginnifer Goodwin, Jason Bateman, and Idris Elba, attracted an older audience between the ranges of 18-24.[9] The success of this movie has exceeded all expectations, breaking the record of Disney’s best ever opening for Disney animation as well as managing to dethrone The Lorax from being the record holder of the highest grossing animated movie. [10]

The Jungle Book

The Jungle Book Release: April 15, 2016 Rated: PG

[11]The Jungle Book
Release: April 15, 2016
Rated: PG

This live-action remake of Disney’s classical animation of The Jungle Book, directed by Jon Favreau, has just hit theatres this past weekend and has surpassed its budget with flying colors. Opening this past weekend on April 15th, 2016, The Jungle Book has earned a gross domestically of $147,054426. Including international gross of $246,700,000, the movie made its budget of $175,000,000 in its first week.[12] The Jungle Book has especially done well internationally because of its original success as an animated movie. In Germany, the movie has pulled $5.6 million its opening weekend, the best a Disney movie has done in Germany since the release of Alice in Wonderland in 2010. Despite this fact, however, the original Jungle Book had Germany in awe and captivated the audience more than this new remake, with the original 1967 movie captivating the audience more than any other movie released. [13] Aside from its successful income in Germany, The Jungle Book has reached a gross of $64 million in China, and in third place, $24.6 million in India, being India’s highest grossing Hollywood film in history.[14]

COMING FUTURE RELEASES

Alice Through The Looking Glass Release Date: May 27, 2016 Rated: PG

[15]Alice Through The Looking Glass
Release: May 27, 2016
Rated: PG

Alice Through The Looking Glass

Coming May 27, 2016, Alice Through the Looking Glass, directed by James Bobin, revolves around Alice returning to Wonderland to go on a journey back in time to save the Mad Hatter. When she awakens in Wonderland, she must travel to a new world to retrieve a magical sceptre that can stop the evil Lord of Time from turing Wonderland into a lifeless world. She must also stop the plans of putting the Queen of Hearts back on the throne. Starring celebrities such as Johnny Depp, Anne Hathaway, Alan Rickman and Helen Bonham Carter, this movie will be attracting audiences of all ages. In addition, this movie is the last movie Alan Rickman worked on before passing this past January. [16][17]

Finding Dory

Finding Dory Release Date: June 17, 2016 Rated: PG

[18] Finding Dory
Release: June 17, 2016
Rated: PG

Finding Dory, starring Ellen DeGeneres and Albert Brooks, revolves around the return of Dory to her loving friends, and the discovery of the true meaning of friendship and family on her quest to find her mother and father. Disney has not released any further information about the description of the movie to its fans. [19] This movie has been creating some major discussions about the expectations of the presentation of the movie, especially in the Arab world. Egyptians specifically are concerned that Disney will be presenting this movie in an Arabic dialect as opposed to an easy Egyptian dialect favoured by most. In fact, a petition has been growing online called “Return the Egyptian Dialect to Disney movies” where they are asking Disney to reconsider its decision to proceed with a standard Arabic dialect. This is campaign is not the first to voice this issue. In 2014, when Disney released Frozen in an Arabic dialect instead of Egyptian, many made similar calls of concern on the issue. Questions were raised as to why Disney continued dubbing its movies into 41 different languages, yet ceased to continue dubbing in the Egyptian dialect in favour of the modern standard Arabic. Disney has accommodated the different dialects of Spanish, Portuguese and French, yet stopped accommodating the different dialects of Arabic. [20]

LATER RELEASES

Moana Release Date: November 23, 2016 Rated: Not Yet Rated

[21] Moana
Release: November 23, 2016
Rated: Not Yet Rated

Pete's Dragon Release: August 12, 2016 Rated: Not Yet Rated

[22] Pete’s Dragon
Release: August 12, 2016
Rated: Not Yet Rated

 

 

 

 

 

 

 

 

 

Rogue One Release: December 16, 2016 Rated: Not Yet Rated

[28] Rogue One
Release: December 16, 2016
Rated: Not Yet Rated

The BFG Release: July 1, 2016 Rated: Not Yet Rated

[23] The BFG
Release: July 1, 2016
Rated: Not Yet Rated

 

MAJOR NEWS

Paper Magician Series Author: Charlie Holmberg

[24] Paper Magician Series
Author: Charlie Holmberg

Earlier this week it was announced that Disney just purchased the movie rights to the “Paper Magician” Series written by the Utah based author, Charlie N. Holmberg. Allison Shearmur, the producer of The Hunger Games, and Disney’s Cinderella and Rogue One: A Star Wars Story, is on board to work on and produce the story. Holmberg is quite excited to see where the story will go from now on. It is up to Disney to decide her part in the process, however, Holmberg seems on board for the steps Disney sees fit to take. [25] The Paper Magician, an adult historical fantasy, revolves around a nineteen year old paper magician, Ceony Twill, who is working to save the life of her love interest and teacher, Emery Thane. [26]

 

Sources:

  1. Walt Disney Image Logo. Wallpaper Cave. Retrieved: April 23, 2016.
  2.  Sean Bailey Photo. Walt Disney Studios. Retrieved: April 23, 2016.
  3. Alan Horn Photo. Walt Disney Studios. Retrieved: April 23, 2016.
  4. Robert A. Iger Photo. The Walt Disney Company. Retrieved: April 23, 2016.
  5. Disney Annual Financial Report. Walt Disney Company. Retrieved: April 23, 2016.
  6. Zootopia Photo. Disney Movies. Retrieved: April 23, 2016.
  7. Zootopia. IMBD Media. Retrieved: April 23, 2016.
  8. Zootopia (2016). Box Office Mojo. Retrieved: April 23, 2016.
  9. Zootopia. IMBD Media. Retrieved: April 23, 2016.
  10. Schwerdtfeger, Conner. (Feb. 2016) “Zootopia Just Broke Disney’s Records, Get Details.” CinemaBlend. Retrieved: April 23, 2016.
  11. The Jungle Book Photo. Disney Movies. Retrieved: April 23, 2016.
  12. The Jungle Book (2016). Box Office Mojo. Retrieved: April 23, 2016.
  13. Roxborough, Scott. (April 22, 2016). “Why Disney’s Original ‘Jungle Book’ is Germany’s Biggest Film of All Time.” The Hollywood Reporter. Retrieved: April 23, 2016.
  14. Rana, Preetika. (April 21, 2016). “Disney’s ‘Jungle Book’ Becomes India’s Highest-Grossing Hollywood Film.” The Wall Street Journal. Retrieved: April 23, 2016.
  15. Alice Through The Looking Glass Photo. Disney Movies. Retrieved: April 23, 2016.
  16. Alice Through The Looking Glass. Disney Movies. Retrieved: April 23, 2016.
  17. Alice Through The Looking Glass (2016). IMDB Media. Retrieved: April 23, 2016.
  18. Finding Dory Photo. Disney Movies. Retrieved: April 23, 2016.
  19. Finding Dory (2016). IMDB Media. Retrieved: April 23, 2016.
  20. SyndiGate.info. (April 18, 2016). “Make Arabic Disney Magical Again: Egyptians Want Dubbed in their Dialect.” Albawaba Entertaiment. Retrieved: April 23, 2016.
  21. Moana Photo. Disney Movies. Retrieved: April 23, 2016.
  22. Pete’s Dragon Photo. Disney Movies. Retrieved: April 23, 2016.
  23. The BFG Photo. Disney Movies. Retrieved: April 23, 2016.
  24. Paper Magician Series Photo. KSL.com. Retrieved: April 23, 2016.
  25. Tholen, Celeste. (April 20, 2016). “Disney Purchases Movie Rights to Utah Author’s ‘Paper Magician’ Series.” KSL.com. Retrieved: April 23, 2016.
  26. Holmberg, Charlie N. “The Paper Magician Summary.” Book Rags. Retrieved: April 23, 2016.
  27. Disney History. Disney Studios. Retrieved: April 23, 2016.
  28. Rogue One Photo. IMDB Media. Retrieved: April 23, 2016.

Buenavista/Disney Pictures

By Greg Fenton
Photo courtesy of www.thewaltdisneycompany.com

Photo courtesy of www.thewaltdisneycompany.com

History 

Founded in 1923 under the name “The Disney Brothers Studio”,The Walt Disney Studios began as a humble cartoon studio, producing classics such as Snow White and the Seven Dwarves, Fantasia, Mary Poppins, and The Lion King. Today, The Walt Disney Studios, also known as Disney/Buena Vista, has become one of the largest film companies in the world, churning out internationally successful live-action and animated films aimed at entertaining the whole family. The Walt Disney Studios umbrella encompasses several studios owned and operated by The Walt Disney Studios, including Walt Disney Studios Motion Pictures, Walt Disney Animation Studios, Touchstone Pictures, Pixar Animation Studios, Disneynature, and Marvel Studios. Disney also acquired Lucasfilm Ltd. in late 2012 for $4 billion.  [1] [2] [3]

Key Executives

Robert A. Iger– Chairman and CEO of The Walt Disney Company

Photo courtesy www.thewaltdisneycompany.com

Photo courtesy www.thewaltdisneycompany.com

Alan Horn– Chairman of The Walt Disney Studios

Photo courtesy of www.waltdisneystudios.com

Photo courtesy of www.waltdisneystudios.com

Andy Bird– Chairman of Walt Disney International

Photo courtesy of www.thewaltdisneycompany.com

Photo courtesy of www.thewaltdisneycompany.com

Alan Bergman– President of The Walt Disney Studios 

Photo courtesy of www.waltdisneystudios.com

Photo courtesy of www.waltdisneystudios.com

Financials

In 2013, The Walt Disney Company brought in $45.0 billion of revenue ($9.4 billion gross profit), up from $42.3 billion in 2012 ($8.9 billion gross profit) , and $38.0 billion in 2010 ($6.7 billion gross profit). As of this writing (11/18/2013), Disney stock sits at an even $70.00 per share, a significant increase from $47.45 a year ago (11/19/2013).[4] Through November 14th, 2013 Disney/Buena Vista commands 13.1% of the studio market share, trailing Warner Bros. (17.8%) and Universal (14.6%).[5] Disney/Buena Vista thrives on the blockbuster, with four films grossing over $100 million domestically in 2013 and 2012. Of these eight films, three of them are part of Marvel Studio’s “Avengers” franchise, which shows the enormous financial returns on Disney’s $4 billion investment to purchase Marvel Entertainment in 2009.[6] [7] In early November 2013, Disney/Buena Vista broke its all-time global box office record of $3.79 billion, set in 2010, with over six weeks and three major releases left to go in 2013, setting Disney/Buena Vista up for a year of eye-popping numbers. [17]

Recent Film Releases

Photo courtesy games.disney.com

Photo courtesy games.disney.com

Planes DisneyToon Studios’ Planes follows a crop-dusting plane named Dusty Crophopper with big dreams of being a racer and a fear of heights. After training under veteran fighter, Skipper, Dusty qualifies for the prestigious Wings Across the World race. There, as an underdog, he meets friend and foe, but, more importantly, learns to break down his physical and mental barriers.[8]

As a DisneyToon production, Planes was initially meant for a straight-to-DVD release and cost Disney a relatively cheap $50 million to make, yet opened with a robust $22 million weekend opposite Sony’s Elysium in early August, eventually pulling in $89 million domestically in over 3,700 theaters. [9] [10] [6]

The film received a Metascore of just 32 from review-aggregator site Metacritic.com with some reviewers appreciating the modesty of the film, while others docked the film for lacking the quality of other animated Disney films and an overly simplistic plot. [11]

Photo courtesy www.imdb.com

Photo courtesy www.imdb.com

Thor: The Dark World– Thor: The Dark World is a sequel to 2011’s Thor.That movie, distributed by Paramount as part of The Avengers franchise, raked in over $181 million at the domestic box office. Disney bought the distribution rights for Marvel’s the Avengers (2012) and Iron Man 3 (2013) in 2010 and finalized a deal for the distribution rights for Iron Man, Iron Man 2, Thor, and Captain America: The First Avenger in summer 2013. [12] [13] [14]

Thor: The Dark World takes place two years after the events of Thor, focusing on Thor’s quest for peace in the nine realms of Asgard. Thor misses Earth and his love-interest Dr. Jane Foster, but is prevented from traveling back to her by Odin, Thor’s father. However, when Foster travels through a wormhole, uncovering an ancient weapon called Aether that threatens the fate of Asgard and Earth. Thor then decides to team up with Foster and his half-brother, and villain of the Thor and Marvel’s The Avengers films, Loki, to destroy the Aether and save Asgard from the wrath of the dark elf Malekith. [12]

At the time of this writing Thor:The Dark World has earned over $145 million at the domestic box office just two weekends after its November 8th release in over 3,800 theaters, and should recoup its $170 million budget in the very near future. The Dark World   has also thrived overseas, pulling in just under $333 million worldwide. The real test will be to see how the film performs after Lionsgate releases The Hunger Games: Catching Fire on November 22nd which some believe will open with a $150 million weekend. Nevertheless, The Dark World is already a financial success for Disney and should continue to put up strong numbers at the box office for several weeks as the holiday movie-going season kicks off. Click here to watch the trailer for Thor:The Dark World  [12] [15]

Upcoming Film Releases

Photo courtesy of wikia.disney.com

Photo courtesy of wikia.disney.com

Frozen Frozen is the latest effort from the wildly successful Walt Disney Animation Studios, opening the day before Thanksgiving on November 27th, 2013. Based on the fairy tale written by Danish Author Hans Christian Andersen, “The Snow Queen,” Frozen revolves around the story of two sisters, Anna and Elsa, the latter of which has the supernatural ability to control ice and snow. When Elsa accidentally uses these powers in public, she flees, plunging the kingdom into eternal winter. Determined to end the cold snap, Anna enlists the help of the mountain man Kristoff and the animated snow man Olaf. [16]

Opening up the day before Thanksgiving should give Frozen ample time to marinate in the holiday climate before more major titles are released before for Christmas. As with Thor:The Dark WorldFrozen will have to compete with The Hunger Games: Catching Fire for attention, but the film keeps a significant advantage in its subject matter as a children’s musical adventure in the midst of several films that touch more serious topics. Frozen will also benefit from being released in 3D, which will provide a major boost to its numbers at the box office. On the other side of the spectrum of success, Frozen could garner some looks as the Academy Awards approach in a relatively weak year for animated movies that included a sequel (Despicable Me 2) and a prequel (Monsters University) as the highest earners at the box office in the animated category. [16]

Other Upcoming Releases

 Delivery Man– November 22nd, 2013

Saving Mr. Banks– December 13th, 2013

The Wind Rises– February 14th, 2014 [17]

Sources:

[1] The History of Disney

[2] Studios Under the Walt Disney Studios Umbrella

[3] Disney Buys Lucasfilm LTD

[4] Disney Financial Profile

[5] Disney Market Share

[6] Buena Vista Box Office-2012

[7] Disney Buys Marvel

[8] Planes Plot Summary 

[9] Planes IMdB Profile

[10] Planes Opening Weekend

[11] Planes Reviews

[12] Thor:The Dark World- IMdB

[13] Thor-IMdB

[14] Disney Acquires Marvel Distribution Rights

[15] Thor:The Dark World- Box Office Mojo

[16] Frozen- Cinema Blend

[17] Upcoming Disney Films