Tag Archives: The Walt Disney Company

The deal to take full operational control of Hulu marks the third prong in Disney's direct-to-consumer strategy and will deliver a host of synergies for the company, Chairman and CEO Bob Iger said at the MoffettNathanson Media & Communications Summit.

Kevin Mayer, chairman of direct-to-consumer and international at The Walt Disney Company, delivered the opening remarks at the group’s Upfront Experience in New York City yesterday, touting the power of the expanded advertising portfolio.

The Walt Disney Company will assume full operational control of Hulu, effective immediately, in return for Disney and Comcast Corporation entering into a “put/call” agreement regarding NBCUniversal’s 33 percent ownership interest in Hulu.

Second-quarter revenues at The Walt Disney Company rose by 3 percent to $14.9 billion, with net income rising to $5.4 billion, on the heels of its 21st Century Fox acquisition.

Kevin Mayer, the chairman of direct-to-consumer and international at The Walt Disney Company, touted the importance of Asia as a growth driver and discussed the strategy behind Disney+ at APOS today.

The Walt Disney Company's acquisition of 21st Century Fox became effective at 12:02 a.m. Eastern today, March 20.

The Walt Disney Company has appointed Ravi Ahuja as president of business operations and chief financial officer upon the close of the 21st Century Fox acquisition.

Speaking on an investor conference call for Q1 financials, Robert A. Iger, chairman and CEO at The Walt Disney Company, said that direct-to-consumer "remains our number one priority."

The Walt Disney Company has announced the new international leadership team that will be formed under Kevin Mayer following the closing of the Fox transaction, with Rebecca Campbell to oversee EMEA, Diego Lerner running Latin America and Uday Shankar tapped for the Asia operation, while global sales and distribution will fall under Janice Marinelli.

Fourth-quarter revenues at The Walt Disney Company were up 12 percent to $14.3 billion, with net income rising by 33 percent to $2.3 billion.