{"id":20164,"date":"2014-10-05T18:55:05","date_gmt":"2014-10-05T22:55:05","guid":{"rendered":"https:\/\/bejone03.expressions.syr.edu\/trf235\/?p=20164"},"modified":"2014-12-01T18:44:12","modified_gmt":"2014-12-01T23:44:12","slug":"buenavistadisney-pictures-5","status":"publish","type":"post","link":"https:\/\/bejone03.expressions.syr.edu\/trf235\/2014\/10\/05\/buenavistadisney-pictures-5\/","title":{"rendered":"Buenavista\/Disney Pictures"},"content":{"rendered":"
by Izzy Lynch<\/pre>\n
\"Courtesy<\/a>
Photo Courtesy of [1]<\/a> \u00a0www.waltdisneystudios.com<\/a><\/p><\/div>Contact<\/strong><\/p>\n
Address:\u00a0500 S. Buena Vista Street,\u00a0Burbank, CA. 91506<\/a><\/p>\n
Phone: (818) 560-1000<\/p>\n
Twitter:\u00a0@DisneyPictures<\/a><\/p>\n
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History and Properties<\/b><\/p>\n
\"Snow<\/a>
Snow White Original Vintage Film Poster. Photo Courtesy of www.animationartstudio.com<\/a><\/p><\/div>\n
The Walt Disney Studios<\/a> is the world-renowned film division of the film-turned-lifestyle corporation, The Walt Disney Company<\/a> (NASDAQ: DIS<\/a>) [2]<\/a>. Founded in 1923 under the name The Disney Brothers Studios by brothers Walter E. Disney and Roy O. Disney, the company gained recognition for Walt\u2019s impressive art in second dimension animation and the rich character portrayals [3]<\/a>. The company has become the most successful animation brand in the world, crafting iconic characters such as Mickey Mouse, and producing timeless features such as Snow White and the Seven Dwarfs<\/i><\/a> <\/i>(1937), Mary Poppins<\/i><\/a> <\/i>(1964), Lion King<\/a> (<\/i>1994) and many more. Since the studios\u2019 inception, the company has grown to host multiple lucrative businesses, including resorts<\/a>, theme parks<\/a>, and merchandise<\/a>, all utilizing the characters created through the company\u2019s television and film productions. The studios have expanded their reach to include The Walt Disney Studios Motion Pictures, The Walt Disney Animation Studios<\/a>, Pixar Animation Studios<\/a> (2006), Lucasfilm Limited LLC<\/a> (2012), Marvel Studios<\/a> (2009), Touchstone Pictures<\/a>, Disneynature<\/a>, and Disneytoon Studios<\/a>. Films produced by these subsidiaries are distributed through The Walt Disney Studios Motion Pictures, formerly known as Buena Vista Pictures [3]<\/a>.<\/p>\n
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\"CEO<\/a>
CEO and Chairman of The Walt Disney Company, Robert A. Iger. Photo Courtesy of [4]<\/a>\u00a0www.waltdisneystudios.com<\/a><\/p><\/div>\n
Management<\/strong><\/p>\n
As of 2005, Robert A. Iger has headed The Walt Disney Company, serving as both Chief Executive Officer and Chairman [4]<\/a>. Iger reinstated the company\u2019s relationship with the previously affiliated Pixar Animation Studios in 2006, which led to the hiring of Pixar Chief Executive Officer John Lasseter<\/a> and Pixar President Edwin Catmull<\/a> to head the then floundering Disney Animation sector of the studios. Since incorporating the two as Chief Creative Officer and President of the Walt Disney Animation Studios respectively in 2008, the company has seen an incredible improvement in the quality of content, producing blockbuster hits including Wreck It Ralph<\/em><\/a> (2012), Frozen<\/em><\/a> (2013), and Big Hero 6<\/em><\/a>\u00a0(2014) [5]<\/a>.<\/p>\n
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Financial Information<\/b><\/p>\n
The Walt Disney Company, which became a publicly traded entity in 1940 [6]<\/a>, released its Q4 and 2014 financial reports on November 6th, 2014 to reveal record-breaking numbers for the fourth year in a row. Along with impressive numbers from the overall company, Studio Entertainment revenues soared 22% from last year, earning nearly $7.3 billion out of the nearly $49 billion company revenue total, garnering the largest increase in revenue of the Company\u2019s other business ventures [7]<\/a>.<\/p>\n
\"The<\/a>
The Walt Disney Company’s 52 Week Stock Price Chart. Photo Courtesy of Businessweek.com<\/a><\/p><\/div>\n
Recently, the company experienced an impressive increase in their current trading price with the release of their eighty-eight second Star Wars: The Force Awakens<\/em><\/a>\u00a0teaser<\/a>. Trading prices for the company rose to a share price of $92.96 on Friday, November 28th [8]<\/a>, which has proven to be not only a 52-week high, but also an all time high for the company [9]<\/a>. While stock prices represent the entire Walt Disney Company, it is important to note that the characters from the film productions are an integral part of what keeps the company relevant and popular, which has a significant impact on the stock price.<\/p>\n
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Current Projects<\/b><\/p>\n
The Walt Disney Studios operates their production of films in the format of larger tent-pole<\/a> franchises supporting the lower budget features. The company tends to produce films that fulfill the requirements of the four quadrants of moviegoers: both male and female, over and under 25 years of age.<\/p>\n
After Disney\u2019s overwhelming domestic and international success of 2013\u2019s animated hit\u00a0Frozen<\/em><\/a>, the company has continued to produce high quality and exceptionally profitable films throughout its current slate [10]<\/a>, which includes both live action and animated features. Towards the closing of a strong summer for the company, with\u00a0releases such as\u00a0Maleficent<\/em><\/a> and Planes: Fire and Rescue<\/em><\/a>, Marvel Studios released the tent-pole live action film Guardians of the Galaxy<\/em><\/a> [10]<\/a>, which has garnered the title of being the top grossing film of 2014 with a total earning of $331.1 million at the global box office; a considerable achievement for its $170 million budget [11]<\/a>. Starring Chris Pratt<\/a>, Zoe Saldana<\/a>, and Bradley Cooper<\/a>, the film explores the uniting of a motley crew attempting to save the galaxy at the hands of an evil villain\u00a0[12]<\/a>. The film premiered on August 1st, 2014, and was highly praised by critics and audiences alike, scoring a 90% critic approval rating from Rotten Tomatoes [13]<\/a>.<\/p>\n
\"Big<\/a>
Big Hero 6 Promotional Poster. Photo Courtesy of www.marvel.wikia.com<\/p><\/div>\n
Guardians of the Galaxy<\/em> served as the ideal primer for the November 7th release of\u00a0Big<\/a>\u00a0<\/em>Hero 6<\/em><\/a>, a collaboration of the Walt Disney Animation Studios and Marvel Studios. Big Hero 6<\/em>, with its $165 million production budget [14]<\/a>, incorporated characters from Marvel\u2019s 5,000-character bank into the Animation Studios\u2019 computer generated imagery format [15]<\/a>. The result was a success; the film garnering a $50 million domestic box office in its opening weekend, as well as gaining the top spot of the weekend box office ahead of highly anticipated films, such as Warner Brothers\u2019 Interstellar<\/em>\u00a0[16]<\/a>. The film has netted $224.1 million in the worldwide box office to date [16]<\/a>.<\/p>\n
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Future Projects<\/b><\/p>\n