...Republic of the Philippines Laguna State Polytechnic University Siniloan (Host) Campus Siniloan, Laguna Fiscal Year 2012 Annual Financial Report Reported By: Monina Krisha S. Penaso Robie Ann P. Flores * Business * The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company with operations in five business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. For convenience, the terms “Company” and “we” are used to refer collectively to the parent company and the subsidiaries through which our various businesses are actually conducted. * Information on the Company’s revenues, operating income, and identifiable assets appears in Note 1 to the Consolidated Financial Statements included in Item 8 here of. The Company employed approximately 166,000 people as of September 29, 2012. * MEDIA NETWORK -The Media Networks segment includes international and domestic cable television networks, a domestic broadcast television network, television production operations, domestic and international television distribution, domestic television stations, domestic broadcast radio networks and stations, and publishing and digital operations. * Cable Networks - Cable networks derive a majority of their revenues from fees charged to cable, satellite and telecommunications service providers (Multi-channel Video Programming Distributors or MVPDs) for the right to deliver...
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...‘Imaginers’ * 1. Company Overview 3 2. Disney History 4 A. General history 4 B. The history of Hong Kong Disneyland 4 C. The partner of Hong Kong Disneyland 5 The investment partner is only Hong Kong Government. 5 D. The history of Shanghai Disneyland 5 3. The Corporate Strategy 6 4. Comparative analysis between Disneyland Shanghai and Happy Valley 6 A. General introduction about Happy Valley 6 B. Theme story 7 C. Theme hotel 7 D. Revenue model 7 E. Government support 7 5. Conclusions 7 * Company Overview The monarch of this magic kingdom is no man but a mouse --Mickey Mouse. The Walt Disney Company is the world's largest media conglomerate, with assets encompassing movies, television, publishing, and theme parks. Its Disney/ABC Television Group includes the ABC television network and 10 broadcast stations, as well as a portfolio of cable networks including ABCFamily, Disney Channel, and ESPN (80%-owned). Walt Disney Studios produces films through imprints Walt Disney Pictures, Disney Animation, and Pixar, and its Marvel Entertainment is a top comic book publisher and film producer. In addition, Walt Disney Parks and Resorts operates the company's popular theme parks including Walt Disney World and Disneyland The Company is with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media. Media Networks: Media Networks comprise a vast array of broadcast, cable,...
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...Business The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company with operations in five business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive Media. For convenience, the terms “Company” and “we” are used to refer collectively to the parent company and the subsidiaries through which our various businesses are actually conducted. On December 31, 2009, the Company completed an acquisition of Marvel Entertainment, Inc. (Marvel). See Note 4 to the Consolidated Financial Statements. Marvel businesses are reported primarily in our Studio Entertainment and Consumer Products segments. Information on the Company’s revenues, operating income, and identifiable assets appears in Note 1 to the Consolidated Financial Statements included in Item 8 hereof. The Company employed approximately 156,000 people as of October 1, 2011. MEDIA NETWORKS The Media Networks segment is comprised of international and domestic cable networks and our broadcasting business, which consists of a domestic broadcast television network, television production operations, domestic and international television distribution, domestic television stations, domestic and international broadcast radio networks, domestic radio stations, and publishing and digital operations. Cable Networks Our cable networks group operates the ESPN, Disney Channels Worldwide, ABC Family and SOAPnet networks. The cable networks group...
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...founding in 1923, The Walt Disney Company and its affiliated companies have remained faithful to their commitment to produce unparalleled entertainment experiences based on the rich legacy of quality creative content and exceptional storytelling. The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with four business segments: media networks, parks and resorts, studio entertainment and consumer products. Parks & Resorts Disney's Parks and Resorts is not just home to Disney's beloved characters but the place "Where Dreams Come True." The segment traces its roots to 1952, when Walt Disney formed what is today known as Walt Disney Imagineering to build Disneyland Park in Anaheim, California. Since then, Parks and Resorts has grown to encompass the world-class Disney Cruise Line, eight Disney Vacation Club resorts (with more than 100,000 members), Adventures by Disney (immersive Disney-guided travel around the world), and five resort locations (encompassing 11 theme parks, including some owned or co-owned by independent entities) on three continents: Disneyland Resort, Anaheim, California Walt Disney World Resort, Lake Buena Vista, Florida Tokyo Disney Resort, Urayasu, Chiba Disneyland Resort Paris, Marne La Valle, France Hong Kong Disneyland, Penny's Bay, Lantau Island Wherever the Guest experience takes place in our parks, on the high seas, on a guided tour of exotic locales...
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...Influence of Cultural Adaptation on Disney Theme Parks By 駱巧瑜Chaio-Yu, Lou 陳奎因Kuei Yin, Chen 楊凱智Kai-Chih, Yang 徐仁軒Ren-Xuan, Shiu A thesis submitted in partial fulfillment of the requirements for the degree of Bachelor of Arts in Applied English Approved by ________________ Chia-Chin Susan Sung, M.S. Chairperson of the Committee _______________ Chao-Chang Wang, Ph.D. Chairperson of the Department of Applied English Department of Applied English Ming Chuan University Kweishan, Taoyuan, Taiwan June, 2010 Abstract Disneyland is a fascinating worldwide industry, and also the most successfully run theme park in the world. When it comes to theme parks, Disney will be the first thing that comes to everyone’s mind. Because of the great success of Disney, researchers want to look into the reasons why it is so important and so attractive to the entertainment industry. For example, Disney’s Asian theme parks usually would apply local customs and festivals into their programs. And by doing so, it draws more local tourists to attend the events. Disney always pays attention to these cultural factors and uses them to its advantages. Plus, the special programs such as using stars to endorse the event also help attract younger generation. Although there are lots of elements that help make Disney into a worldwide industry, researchers focus on the cultural part. Thus, researchers apply the method of data-collecting, and comparison...
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...“Creativity continues to be the essence of Disney, even as our businesses expand across borders and media platforms, it is the foundation for almost everything we do, the source of our strength and our success, and the fuel that will power us into the future” - Robert Iger, President and CEO - When we hear the word Disney, what is the first think that comes up in our minds? Most people think about Disney and relate it to magical, exciting and large attractions parks and hotels, and the famous Mickey Mouse. However, they missed to see how big and influential this organization really is. Walt Disney Company is one of the World largest communications organizations. Everyone knows Disney! It is everywhere in our lives, from TV, radio and movies, to parks, clothing, accessories and toys. Owning diverse media markets, Disney has build a tradition of culture and niche by efficiently managing its markets and products, allocating them among different cultures, age groups and preferences. In this report I will be analyzing some of the major managerial decisions within the Company, its influences over the market and the way it has established across the years in our culture. We are now about to discover all the financial numbers, facts, operational activities and responsibilities of the Walt Disney Company, the “Happiest Celebration in World.” Let the Magic of Disney to begin… A Little Bit of History Walter Elias Disney founded the Walt Disney Company...
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...came up with a study named as Geert Hofstede’s Cultural Dimensions in which he laid stress upon five aspects naming Power Distance Index, Individualism, Masculinity, Uncertainty avoidance index and Long term Orientation. The case study in this paper focuses more towards the cultural difference between employees of Disneyland that are located in different countries. Using Hofstede’s 4 culture dimension, highlighting main cultural differences between United States and France: Disneyland is an American Idea of a theme park which serves as a recreational place for children and families. This theme park originally started from Anaheim, California (United States) and later on after receiving massive response from visitors all around the globe, the directors of the company started off with opening similar type of theme parks with the same name of Disneyland in Orlando (US), Tokyo (Japan) and at Marne-la-Vallee (France). Although Disneyland did not find much difficulties in starting off their operations in Orlando and Tokyo and attracting large number of visitors in both locations but the response at Euro Disneyland had been alarming for the company. The Euro Disneyland had 12000 employees and most of them were from France. With the American idea being implemented in France,...
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...Culture 12 PEST Analysis 13 SWOT Analysis 14 References 17 Abstract This paper is designed to present an overview of the Walt Disney Company. It covers it mission/vision, company history and culture and a breakdown of the various division of the company as a whole. This breakdown is extensive and highlights the world wide interests of this company. Also covered will be what the goals are of The Walt Disney Company and how it see’s for its future. Also provided is a SWOT and PEST analysis. Finally, there is a conclusion as well as recommendations to the company. The Walt Disney Company The Walt Disney Company is a leading diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media. The company has subsidiaries and affiliates around the world including North America, South America, Europe, Middle East, Africa, Russia, Asian Pacific, and Japan. Board of Directors Walt Disney Company is a publicly held company and is governed by a Board of Directors including Susan Arnold, John S. Chen, Jack Dorsey, Robert A. Iger, Fred H. Langhammer, Aylwin B. Lewis, Monica C. Lorenzo, Robert W. Matschullat, Sheryl Sandberg, and Orin C. Smith. The Management team is divided up into Corporate and Business Unit. In the Corporate unit: Andy Bird, Chairman, Walt Disney International, The Walt Disney...
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...Background The Walt Disney Corporation has been around for many years bringing a lot of different kinds of entertainment to every member of your family around the entire world. Walt Disney is one of the largest entertainment and media conglomerates. We have four key businesses with in our company: Studio Entertainment, Parks and Resorts, Media Network, and Consumer Products. Product Lines Studio Entertainment- Disney Company produces a variety of movies, television programs, musical recordings and even live stage plays. Our company has banners in the theatrical, home video and television distribution of Disney’s film and television library; includes in Walt Disney Pictures, Buena Vista, Miramax, and Touchstone. Media Network- Disney Company media network is made up of two categories; Broadcasting and Cable Network. The broadcasting units include the ABC Network. Our television networks include; Disney Channel, ESPN-branded cable networks, Disney Channel International, incentives in E! Entertainment and Lifetime and start-up cable processes in Soap Net and Toon Disney. Parks and Resorts- Our parks and resorts are the most popular ones in the world, from Walt Disney World in FL, Disneyland Park and a couple hotels in CA, and the Disney Cruise Line based out of Florida. Our company generates management fees on profits from Disneyland Paris and Tokyo Disneyland. Consumer Products- This part of our corporation licenses the characters of our company to consumer manufacturers...
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...Shanghai Disneyland I only hope that we don't lose sight of one thing - that it was all started by a mouse. -Walt Disney On a beautiful March day in Orlando, Andy Berst strolled down Main Street at the Magic Kingdom contemplating a new project proposal. Andy, the Director of Finance for Hong Kong Disneyland, had spent the last four years developing and preparing for the launch of Disney’s newest park on Lantau Island in 2005. It was now 2003, and as he prepared to move to his new office in Hong Kong, he received a call from CEO Michael Eisner’s office to discuss the possibility of a new venture in Shanghai. Berst, like many higher managers with the company, knew that Disney was interested in breaking into mainland China for several years. On the other hand, he also knew that Disney had never built a park in a communist country, or what could be considered an emerging market. However, with the recent announcement from rival Universal-Vivendi confirming their intentions to build a Universal Shanghai to open approximately the same time as Hong Kong Disneyland, Disney executives were anxious for their own counter-strike in the mainland. As he walked towards Cinderella’s Castle, Andy’s mind began to work out the details of a Shanghai Disneyland. The Walt Disney Company’s Theme Park and Resorts Division Disneyland will never be completed. It will continue to grow as long as there is imagination left in the world. -Walt Disney History In 1955, Walt Disney...
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...framework. We discussed many examples of built environments in class but there are three in particular that stood out to me. They are Hollywood, Disneyland, and the suburbs of Orange County. Hollywood was a small city with a post office, hotel, and a couple markets before the film industry took Hollywood by storm in the 1900s. Prior to Hollywood, major film companies were located in New Jersey. Filmmakers ventured to Los Angeles, California to break free from harsh movie producing patents and rules imposed on them by the Edison Motion Picture Company. The beautiful weather and diverse terrain of California were also ideal filming locations. Hollywood is an example of a built environment because filmmakers and producers saw the opportunity for success within the film industry and took advantage of it. The first film shot in Hollywood was titled Old California, and its success encouraged many out-of-state filmmakers to make their way to the golden state. It wasn’t long before Hollywood fully transformed into what we currently know it to be. TV, Music, and broadcasting studios were naturally relocated within Hollywood, following the success of the film industry. The world famous Hollywood “Walk of Fame”, honoring entertainment celebrities with their names embedded in stars along the sidewalks, were first constructed in 1956. Disneyland is the epitome of a...
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...Shanghai Disneyland I only hope that we don't lose sight of one thing - that it was all started by a mouse. -Walt Disney On a beautiful March day in Orlando, Andy Berst strolled down Main Street at the Magic Kingdom contemplating a new project proposal. Andy, the Director of Finance for Hong Kong Disneyland, had spent the last four years developing and preparing for the launch of Disney’s newest park on Lantau Island in 2005. It was now 2003, and as he prepared to move to his new office in Hong Kong, he received a call from CEO Michael Eisner’s office to discuss the possibility of a new venture in Shanghai. Berst, like many higher managers with the company, knew that Disney was interested in breaking into mainland China for several years. On the other hand, he also knew that Disney had never built a park in a communist country, or what could be considered an emerging market. However, with the recent announcement from rival Universal-Vivendi confirming their intentions to build a Universal Shanghai to open approximately the same time as Hong Kong Disneyland, Disney executives were anxious for their own counter-strike in the mainland. As he walked towards Cinderella’s Castle, Andy’s mind began to work out the details of a Shanghai Disneyland. The Walt Disney Company’s Theme Park and Resorts Division Disneyland will never be completed. It will continue to grow as long as there is imagination left in the world. -Walt Disney History In 1955, Walt Disney...
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...World largest communications organizations. Everyone knows Disney! It is everywhere in our lives, from TV, radio and movies, to parks, clothing, accessories and toys. Owning diverse media markets, Disney has build a tradition of culture and niche by efficiently managing its markets and products, allocating them among different cultures, age groups and preferences. A Little Bit of History Walter Elias Disney founded the Walt Disney Company in 1923 as a dream to create a movie studio, which hosted short film comedies. Few years later, in 1928, the presentation of the company iconic character, Mickey Mouse, was a reality at the Colony Theater in New York. Immediately after this, Walt Disney won his first Academy Award and continued this trend for more than the following decade. His first business product consolidation started when a man offered the company $300.00 to earn the right to apply figures of Mickey Mouse to paper towels for school children. During the 1940s most of their main films were created, including Pinocchio, Snow White, Dumbo and others. In 1955, the first Disneyland park opened its doors to the public in California. Over the following decades the World Disney Company started growing until what we know today, an international powerhouse and media entertainment corporation. The company has four major business ventures: consumer products, media networks, studio entertainment and parks and resorts, which will be discussed in the next sections of this report. Today...
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...“Alice Comedy” he began his production in Hollywood. Walter Disney revolutionized the idea of entertainment by creating Mickey Mouse, Disneyland land, and also establishing the California Institute of the Arts. [86] From silent films to weekly programs, Mickey Mouse has always been in our lives. According to Walt Disney: A Biography http://disney.go.com/vault/read/walt/index.html, Mickey Mouse was created in 1928 and was used in a silent film entitled “ Plane Crazy” but later made his debut in “Steamboat Willie” the worlds first fully synchronized sound cartoon. Now in days we always see fully synchronized cartoons and don’t really give much thought to it because its normal. Walt Disney’s drive to perfect animation was tireless and to his success he became the first to create a fully synchronized sound cartoon in the late twenties. As Walt Disney said “ I only hope that we don’t lose sight of one thing- that it was all started by a mouse.” The whole Disney empire was started by one character whom at first didn’t even talk . Mickey Mouse is even the iconic symbol for the wonderful Disney franchise. As a result Mickey Mouse was the engine that helped fuel Walt Disney’s success as an animator and the entertainment industry. [174] Barrera 2 To many people Disneyland is considered to be a rip off when they look at the price but they always end up coming back. Disneyland was launched in 1955 and by its third decade more than 250 million people were entertained...
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...in their work. However, when taking a deeper look at her life story it becomes apparent that her actions were all in an effort to protect her empire and throne. She is more of a symbol of power and dedication to her empire, but her bundled lore demonstrates otherwise. Due to a lack of textual information and misrepresentation by scholars, her legend has been skewed. This goes to show how symbols play a large role in our culture, but if we’re not careful we won’t have accurate historical knowledge. A factor that likely contributed to her lore is media. For example, the image of the Egyptian queen in the film Cleopatra (1963) is the image most often associated with her. This goes to show how impactful illiterate forms of knowledge, like entertainment, are in shaping our beliefs about the...
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