CHAPTER I THE COMPANY PROFILE The Walt Disney Company (NYSE: DIS)‚ commonly referred to as Disney‚ is an American multinational diversified mass media corporation headquartered in Walt Disney Studios‚ Burbank‚ California‚ United States. It is the largest media conglomerate in the world in terms of revenue. Founded on October 16‚ 1923‚ by Walt and Roy Disney as the Disney Brothers Cartoon Studio‚ Walt Disney Productions established itself as a leader in the American animation industry before
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The Walt Disney Company was founded in 1922 by 21 year-old Walt Disney and his older brother Roy. Walt Disney was the creative producer‚ Roy the ’business brain ’ behind the company (Ellwood‚ 1998). The partnership ended only with Walt Disney ’s death in 1966. By the end of the 1990s‚ the Walt Disney Company had developed into a $23 billion media conglomerate‚ arguably the most influential force in the globalisation of Western culture (Ellwood‚ 1998). Gomery (1994) argues that the Walt Disney Company
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The Walt Disney Company is known throughout the world for its commitment to customer service. This is most apparent in Disney’s theme parks in Florida‚ California‚ Tokyo‚ Paris‚ and Hong Kong. Disney’s commitment to customer service began with the company’s founder‚ Walt Disney. His leadership and vision have made Disney the market leader in terms of customer service. "His willingness to take risks and blaze new trails‚ coupled with an innate understanding of what his customers wanted‚ resulted
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SWOT Walt Disney SWOT analysis 2013 Strengths Weaknesses 1. Strong product portfolio 2. Brand reputation 3. Competency in acquisitions 4. Diversified businesses 5. Localization of products 1. Heavy dependence on income from North America 2. Few opportunities for significant growth through acquisitions Opportunities Threats 1. Growth of entertainment industries in emerging markets 2. Expansion of movie production to new countries 1. Intense competition 2. Increasing piracy 3. Strong
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Case 11.1: Conflict at Walt Disney Company: A Distant Memory? 1. Michael Eisner‚ former CEO strained several important relationships to the Walt Disney Company because of his abrasive style and tendency toward micromanagement. During his 22-year tenure at Walt Disney‚ ex-CEO Eisner fought with the Miramax founders Harvey and Bob Weinstein over financial details relating to the purchase of Miramax. Eisner also bumped heads with Steve Jobs‚ ex-CEO of animated film producer Pixar and Apple
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Walt Disney Co. faced the challenge of building a theme park in Europe. Disney ’s mode of entry in Japan had been licensing. However‚ the firm chose direct investment in its European theme park‚ owning 49% with the remaining 51% held publicly. Besides the mode of entry‚ another important element in Disney ’s decision was exactly where in Europe to locate. There are many factors in the site selection decision‚ and a company carefully must define and evaluate the criteria for choosing a location.
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Walt Disney: A Short Biography Walt Disney was a man with a vision. I have chosen Walt Disney because of his contribution to the history of the United States of America. He is a legend‚ and a hero to some. The Disney name has come to represent creation‚ optimism‚ and creation. Walt completely changed the film industry and a television pioneer‚ and he helped the country create a much greater appreciation for family morals and values. Walt Disney was born in Chicago Illinois to his parents Elias
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Walt Disney revolutionized the world of animation. "Walt Disney pioneered the art of animated film cartoons."(Simon‚ 8). Walt Disney symbolized the very best in animation and entertainment by being both an innovator and a man with vision. Animation had a long history prior to Walt Disney ’s life. Even though animation was nothing new‚ Walt Disney did it like no one had ever seen. The first pictures of motion appeared on cave walls. People drew pictures of animals over and over again in multiple positions;
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Disney Organization Throughout the years‚ Disney has become world-renowned for its creativity and innovation. It is the company’s use of its creativity strategy that has brought success to Walt Disney. Businesses all over the world are now trying to follow in his footsteps and understand how Disney manages employee creativity and innovation. Establishing an environment that fosters creativity and innovation has been a hallmark of the organization since its origin with Walt Disney and his brother
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The Walt Disney Company (DIS) has a long and prestigious history in the entertainment business covering a period of greater than 75 years. The DIS objective is to be the world leader in production of entertainment using their diversified portfolio to differentiate its brands including Walt Disney Parks‚ ESPN‚ PIXAR‚ MARVEL‚ and ABC. The financial goals are to maximize cash flow‚ maximize earnings‚ and capital profits that will drive longer-term shareholder value (The Walt Disney Company‚ 2012)
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