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Saturday
November 8, 2008 |
Slowdown
Begins to Show at Stalwart Disney
ABC
Studios' chief asks shows to trim 2 percent
Politicians Site Disney World As A Reason To Stop Blackjack
Disney to the Governor: We Don't Like Your Stinkin' Tax!
Verplank leads Disney with second straight 64 |
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Slowdown
Begins to Show at Stalwart Disney
The New York Times - Dark days have finally come to the Magic
Kingdom.
Even as the weakening economy
was hammering rival media conglomerates over the last year, the
Walt Disney Company reported surprisingly robust results across
its theme parks, consumer products and television networks.
Disney shares have fallen about 33 percent since May — a sharp
drop, but one that looks almost respectable considering that
shares in companies like CBS have plummeted more like 70
percent.
But Disney on Thursday reported
a 13 percent decline in quarterly earnings on weakness in nearly
every part of its empire. Movie earnings in the company's fiscal
fourth quarter, ended Sept. 27, plunged 42 percent because
movies like "Swing Vote" and "Miracle at St. Anna" were
virtually ignored at the box office. Advertising declines hurt
two Disney properties, ABC and ESPN, leading to a 4 percent drop
in income at the media networks unit.
Income at the theme parks
dropped 4 percent because of lower bookings at Disneyland and
higher costs at Walt Disney World. Over all, Disney reported net
income of $760 million, or 40 cents a share, for the quarter,
compared with $877 million, or 44 cents a share, a year earlier.
For 2008, net income dropped to $4.4 billion from $4.7 billion.
Robert A. Iger, Disney's chief
executive, and Thomas O. Staggs, Disney's chief financial
officer, offered a bleak assessment of the impact of the global
economic crisis on the company's business prospects. Phrases
like "acute softness" and "a very, very challenging time"
peppered their comments on a call with analysts.
"Even the best product out there
is feeling the effect," Mr. Iger said.
Disney's theme parks, an $11.5
billion annual business, have been vulnerable in past downturns.
This time, the company is emphasizing that it has learned to
minimize damage by pulling promotional and cost-saving levers.
The company also has built more discount hotels since the last
slowdown, in 2001.
Attendance at Walt Disney World
over the last month held up well — Mr. Iger said visits were
down just 1 percent — but the company warned that "bookings in
the last month have fallen off considerably." To improve
bookings, the company on Thursday introduced hefty discounts,
including free park tickets and three nights in a hotel for
guests who book four-day vacations by the end of the year.
At the media networks unit, ABC
is emerging as a trouble spot. The network climbed out of the
ratings basement in 2004 on the backs of several hit dramas but
has not introduced new hits, stalling growth in television DVD
sales and syndication revenue.
ABC's audience in prime time has
fallen about 20 percent among young adults this season compared
with last. Notably, ABC's heavily promoted Wednesday, with
"Private Practice," is on life support. (One bright spot is ABC
News, which was No. 1 in viewers on election night.) ABC plans
"numerous midseason programs," Mr. Iger said.
"I realize this is a sobering
outlook," he said. "This is a strong company with great assets,
great brands, great people," he added, "which will help us
surmount the challenges we face today." |
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ABC
Studios' chief asks shows to trim 2 percent
AP - The Walt Disney Co.'s head of ABC Studios has asked its two
dozen shows including "Desperate Housewives" and "Dirty Sexy
Money" to trim costs 2 percent this season as the company
addresses a big loss at its broadcasting group, a spokeswoman
said Friday.
Disney reported Thursday that the group had a $150 million
operating loss in the fourth quarter, which ended Sept. 27,
compared with a $33 million loss a year earlier.
ABC studios' President Mark
Pedowitz requested the cuts over the last few weeks, said
studios spokeswoman Charissa Gilmore.
"We have approached our shows
about making a 2 percent cut," Gilmore said. "It's up to each
show to identify where they are going to try to find those
savings."
Gilmore said the focus would be
on areas that would not be visible on screen: "This is something
that the audience will never notice."
She did not put a dollar figure
on the cut.
Disney also reported a
worse-than-expected third quarter overall on Thursday. The
company's net income fell 13 percent from a year ago to $760
million, even though its revenue grew 5.8 percent to $9.45
billion.
The loss at the broadcasting
group was blamed largely on lower advertising revenue and in
part on higher pilot expenses.
ABC News President David Westin
asked his staff in a memo last week to fly in cheaper seats,
stay at cheaper hotels and cancel newspaper and magazine
subscriptions. Holiday parties were canceled. |
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Politicians Site Disney World As A Reason To Stop Blackjack
Casino Gambling Web - When an opposition
group wants to cast fear about their opponents in the casino
gambling battle, they turn to some pretty wild idea. The latest
one in Florida might be the craziest ever posed.
Attorney General Bill McCollum is worried that blackjack
expansion to Seminole casinos throughout the state would be
detrimental because the state has many young people visiting
Florida. The young people he is speaking of? Children.
"We are a tourist state with a lot of young people visiting.
we've got Disney World, we've got lots of other tourist
attractions, and expanding Indian gambling would be a bad idea
in my opinion," said McCollum.
While that may be the stance of politicians who feel slighted by
Governor Charlie Crists signing of a compact with the Seminole
Indians, it clearly is not the voice of the people. In both
Broward and Miami-Dade Counties in the past several years,
voters have chosen to vote in favor of slot expansion.
Those votes follow a trend that is spreading throughout the
country. "People are starting to change their opinions of casino
gambling in the United States. For a long time, state
governments invoked fear in voters by running negative ads
against casino gambling, but in recent years, people are
starting to see the benefits of having casinos in their states,
and they are voting accordingly," said Harvey Graham, a gaming
historian.
Seminole spokesman Gary Bitner believes it is time for Florida
politicians to stop causing the state to lose revenue money.
"We're talking about quick hops (to the Bahamas), basically, for
people to go play whatever they want. I think that over time
that has had the effect of making people in the state of Florida
feel more comfortable. That's the public we're talking about,
not necessarily elected officials," said Bitner, to the AP.
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Disney to the Governor: We Don't Like Your Stinkin' Tax!
LAist -
The sales tax hike proposed by Governor Arnold Schwarzenegger
yesterday raised more than just some eyebrows around the
Southland, as the plan includes taxing things that were
previously un-taxed, including amusement park admission tickets.
The tax on entry to places like Disneyland would begin on March
1, 2009 if the proposal is to go through, and the folks at the
mighty Mouse are mad:
“We oppose the Governor’s proposed theme park tax because it
unfairly targets the tourism industry and may deter new visitors
to the Golden State at a time we need them most,” said resort
spokeswoman Lisa Haines in an e-mail statement. “This tax is not
worth the risk to an industry that is a proven job creator and
economic engine for California’s growth.”
The rate increase would bring sales tax in Orange County to
9.25%, which would then be tacked on to the already pricey
admission to the Happiest Place on Earth, which soared to $69
just this August.
While some economists see the
tax increase and its new application to things like amusement
parks and sporting events as a positive, many retailers are
joining Disney in expressing dismay with the news. One way to
beat the added cost of going to Disneyland? Go on your
birthday--it's free. |
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Verplank
leads Disney with second straight 64
AP - Scott Verplank shot his second straight 8-under 64 Friday
to take a three-stroke lead in the Children's Miracle Network
Classic at Disney, the final official PGA Tour event of the
season.Steve Marino (66)
and Troy Matteson (68) were tied for second, but the real drama
was at the bottom of the standings.
Friday was cut day in the event
that ends the race for spots in the top 125 on the final money
list, the cutoff for full 2009 PGA Tour.
"A guy from the PGA just told me
I'm projected at 125," said Brad Adamonis, who birdied the last
hole to finish 1 under but missed the cut. "I probably won't
look at the standings until the tournament is over. At least
that's my plan. I'd probably throw up if I did."
Whether he comes in at 125
depends on what happens this weekend with the players behind him
who made the cut at 5 under.
Bob Tway, who played with
Verplank and shot a 62 after a first-round 73, made the cut and
needs to finish in the top 12 to make the top 125. Tway, ranked
131st, and Verplank combined for 20 birdies on the Palm Course
on Friday.
Erik Compton, who's had two
heart transplants and got a sponsor exemption, shot a 68 and
made the cut by two strokes. He'll play in the second round of
Q-school next week, only six months after his second transplant.
Tway still holds the course
record of 61 at the Lake Buena Vista course, where the
tournament was formerly held.
Verplank, who sank a 60-foot
putt on 14 for an eagle 3, has suddenly found his putting stroke
and hinted his round could have been better in what he called
perfect playing conditions.
"I stayed out too late at the
parks last night with my kids, so I was a little lethargic when
we started," said Verplank, who has made a tournament-record 13
straight cuts. "My equilibrium was off, and then something
happened where I fell into a zone and didn't know where I was."
Adamonis played Thursday with
his own private gallery — his parents, wife and aunt and uncle.
They groaned when he hit his tee shot into the water on 14 and
cheered when he birdied 18.
David Adamonis, a Miami-area
golf coach who has fought prostate, lymphoma, lung and throat
cancer the last three years, toted his son's bag the last two
holes.
"He made mistakes he wouldn't
normally make," David Adamonis said. "I told him to just play
and what happened, happened. Sometimes self-imposed pressure
doesn't help."
Some of the players who lose
their cards will go back to Q-school. Those who've won
tournaments, or have some notoriety, such as 2002 PGA
Championship winner Rich Beem, likely will rely on sponsorship
exemptions.
Mike Allen, who has made it
through nine Q-schools, shot a 67 to make the cut at 137. He
feels confident about his chances, and with the experience of 13
trips to the final round of the Q-school, he's not easily fazed.
"People say a guy can shoot a 63
without even trying, drinking the whole round," Allen said.
"Well, let's see him go out and shoot that round when it
counts."
Allen, whose buddy at Mesa
(Ariz.) Country Club placed a sign on his locker proclaiming
Allen "the Q-school all-time money winner," said he can relax a
bit now that he made the cut.
"Otherwise I was toast," said
Allen, 49, who can qualify for the Champions Tour in January. "I
made the cut, so I have a lot of control over my own destiny
right now."
Verplank was tied for the
two-day tournament record before a bogey on 18. The record of 17
under is held by Chris DiMarco, Carl Petterson and Justin Rose. |
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Friday
November 7, 2008 |
Disney World
rolls out resort promotion
'Imagineering Field Guide' lets Disneyland fans walk in Walt's
shoes
Disney shares recover after results spark early selling
Ride fast
and furious at Tokyo Disneyland
Why Is Everybody
Picking on Disney?
Dream theme park weddings
Disney’s ‘Caspian’ Blu-ray Offers 360-degree Views
Sponsored Black Cabs treat sick kids to Disney trip
Susan Lucci on tap for both days of Super Soap, Dancing With the
Stars partner Tony Dovoloni also on board |
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Orlando
Business Journal - Those booking hotels and theme park tickets
at Walt Disney World will get three free days when they pay for
four.
The offer is available for
stays from Jan. 4 to April 4 and from April 19 to June 27.
The offer, which comes amid a
worsening international economic downturn, is aimed at
increasing traffic at the resorts. When Walt Disney Co.
issued its quarterly and annual earnings report this week,
it said traffic at its U.S. theme parks — Disney World and
Disneyland — is expected to slow in 2009.
In addition to the three
days of theme park passes and the three nights in Disney
hotels, travelers who book the seven-day package for stays
beginning Jan. 4 and ending March 29 will receive a $200
Disney gift card.
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'Imagineering Field Guide' lets Disneyland fans walk in Walt's
shoes
Los
Angeles Times - The new pocket-sized "Imagineering Field Guide
to Disneyland" answers the question, "What would it be like to
walk through Disneyland with Walt by your side?"
The 128-page paperback takes
readers land by land through the Anaheim theme park, offering
anecdotes, history and trivia from Disney Imagineers as well as
early concept art, sketches and schematics of many rides and
attractions.
"From a process standpoint, it
offers a bit of a peek behind the curtain of how we turn
concepts into reality," said Alex Wright, an Imagineer who
gathered tales from his co-workers for the book. "In a way,
there's no one person who can tell you all these different
stories. We have so many different disciplines."
To research the book, Wright
delved into the extensive Disney archives and toured the park
with long-time Imagineers Tony Baxter and Kim Irvine. The hard
part, Wright said, was deciding what to leave out.
"When it's Disneyland, there's
always more to tell," Wright said. "You could have told another
1,000 stories with all the history that's gone on there."
The book starts off with a short
overview of Imagineering's 140-plus disciplines and insider
lingo (Blue Sky, Plussing, Wienie) before diving into a
land-by-land tour.
Designed to be read in the park,
the "field guide" attempts to strike a difficult balance between
appealing to first-time Disneyland visitors as well as life-long
fans. Leaning more to the fan boy side of the spectrum, I read
the book hoping to learn something new. My favorite finds can be
broken down into three categories — abandoned concepts, park
trivia and odd facts. Among the early concepts:
- Walt envisioned live exotic
animals roaming the banks of the Jungle Cruise.
- A runaway mine-car theme
for Indiana Jones Adventure incorporating the Jungle Cruise
boats and the Disneyland Railroad.
- A walk-through Pirates of
the Caribbean wax museum — the water and boats weren't added
until after construction started.
- A Casey Jr. Circus Train
roller-coaster thrill ride — retooled within weeks of
opening day into a gentle kiddie ride.
Among the trivia tidbits:
- The New Orleans Square
train station depot taps out Morse code of Walt Disney's
opening day dedication speech.
- The Latin motto on Mr.
Toad's coat of arms reads: "Speeding with Toad is always
absurd."
- Walt liked to take
pre-opening morning drives in a Carnation milk truck along
Main Street U.S.A.
- Steven Spielberg recorded
the rumbles and clanking of Big Thunder Mountain Railroad
for the mine-car chase scene in "Indiana Jones and the
Temple of Doom."
And the truly odd:
- Uprooted orange trees were
planted upside down during the construction phase of the
Jungle Cruise to represent missing foliage.
- Walt gave his wife, Lilly,
a petrified tree for their wedding anniversary. (She donated
it to the theme park, where it still resides in Frontierland.)
- Visitors in the Star Tours
queue may hear an intercom page for Egroeg Sacul (George
Lucas backwards).
My favorite part of the $9.95
book was a visual explanation of forced perspective, where
shorter upper floors create the illusion of taller buildings
while maintaining an intimate streetscape. My one criticism of
the book — the pocket-sized format reduces the early concept art
to business card size. |
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Disney shares recover after results spark early selling
MarketWatch - While they plunged more than 8% shortly after the
open, shares of Disney turned higher as the session progressed.
The shares swung to a gain of 5%, to $23.97, in afternoon
trading.
The earnings report caused many
analysts to adjust their estimates for a company that has
seemed largely immune to troubles that other firms were
experiencing in the face of a crumbling economy.
S&P analyst Tuna Amobi cut his
rating on Disney to "hold" from "strong buy" after the
earnings report was released late Thursday, slashing his
price target by $7, to $25.
"In a sobering near-term
outlook, Disney sees further sharp deterioration in park
bookings and ABC/ESPN ads, while halting share buybacks,"
Amobi wrote in a morning note to clients.
Other analysts noted, however,
that it was Disney's first earnings shortfall to come along
in some time.
Doug Mitchelson of Deutsche
Bank maintained a buy rating on Disney, noting that recent
weakness in the stock seems to have been the result of
bracing for the day when recession-like conditions would hit
Disney.
"Unlike some peers, Disney's
challenges are predominately cyclical, not secular,"
Mitchelson wrote in his note. "Currency risk is fully
hedged. Its brands remain strong and growing, and barriers
to entry in its businesses are very high."
The Burbank, Calif.-based
entertainment conglomerate reported that it earned $760
million, or 40 cents a share, in the fourth quarter ended
Sept. 27, compared with a profit of $877 million, or 44
cents a share, in the final three months of fiscal 2007.
Revenue rose 6% to $9.45 billion, on improved results
generated by the company's cable networks and theme parks.
Disney said quarterly profit
fell due to a $91 million bad-debt charge on a payment it
was due from Lehman Brothers as well as a combination of
higher expenses and less successful films at its
studio-entertainment division. Financial-services firm
Lehman went bankrupt in September, helping to trigger a
global financial meltdown.
Disney said that excluding the
charge and other special items, it would have earned 43
cents a share in the latest three months. Analysts polled by
FactSet Research had expected the company to report a
fourth-quarter profit of 49 cents a share on sales of $9.31
billion.
Parks, resort bookings down
Chief Executive Bob Iger told
analysts that the company is seeing consumer confidence at
its lowest in more than three decades due to the dismal
state of the economy, which he could curtail consumer
spending during the holiday season in 2008 and "almost
certainly" will during calendar 2009.
Bookings at the company's theme
parks and resorts during the last month "have fallen off
considerably," Iger said during a conference call.
He added that consumers are
being "very careful about what they spend" and could be
waiting to see if discounts become available.
Iger emphasized that the
company's exposure to local television advertising, one of
the areas of biggest turmoil during the current crisis, is
"limited," as Disney owns only 10 TV stations.
"This is a team that manages
through good times and really tough times -- particularly in
the 2001 period," Iger said. "So not only have we gone
through this before, but we've gotten better at it,
particularly in parks and resorts."
The company's media networks
division, which includes its broadcast and cable-TV
networks, saw quarterly revenue increase 4% to $4.2 billion.
Cable networks revenue jumped
5% to $2.93 billion on greater ad sales and rates at ESPN,
as well as higher fees paid by cable and satellite
operators. The unit was also once again lifted by strong DVD
sales of "High School Musical 2" and increased fees paid by
cable and satellite operators for carrying the Disney
Channel.
Revenue at the company's ABC
network and television stations rose 4% to $1.29 billion,
but the segment posted an operating loss of $150 million on
decreased advertising sales at both the network and the
local stations. Expenses also increased at ABC, reflecting
costs related to coverage of the presidential election and
late decisions on which new shows would be picked up for the
season.
Studio operations revenue fell
5% to $1.45 billion, reflecting weaker performance of movies
during the latest three months and higher marketing expenses
for releases including "Beverly Hills Chihuahua."
Theme parks and resorts revenue
rose 7% to $3 billion in the September quarter, but
operating income fell 4% on a decrease in domestic
operations, partially offset by improved results at
Disneyland Resort Paris.
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Ride
fast and furious at Tokyo Disneyland
Asia
One Travel - At DisneySea, head to the Lost River Delta and
go crazy on rides like the Indiana Jones Adventure: Temple
Of The Crystal Skull and Raging Spirits, a roller-coaster
ride with a 360-degree loop.
At the Arabian Coast, themed
after the Disney animated film Aladdin, try the Caravan
Carousel, a double-decker carousel that holds up to 190 people.
The Mermaid Lagoon and American
Waterfront are also must-sees for their fanciful designs.
In the city, Sino-America Tours recommends the Tokyo Tower for
360-degree views of the city as far as Mount Fuji and Mount
Tsukuba, the Shin-Yokohama Ramen Museum, a food theme park, and
the Ameyoko Flea Market in Ueno district, if you are looking to
shop like the locals. This flea market has about 500 shops
selling things cheap. |
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Why Is Everybody
Picking on Disney?
Motley Fool - is doing better than you think.
Sure, shares of the family
entertainment giant have fallen by 35% since peaking in May. The
first wave of headlines about its fiscal fourth-quarter report
also haven't been kind.
- "Disney's Not So Magical
Moment," reads Forbes.com.
- "Disney Net Slips as Slump
Hits Home," goes The Wall Street Journal.
- "Disney Misses Estimates as
Theme Parks Suffer," says CNBC.
Now, if I can just borrow Mickey
Mouse from the media firing squad for a moment, I want to point
out that the report released Thursday night was actually pretty
respectable. Blindfold off, Mickey. Now run!
Did Disney's net slip? Sure.
Posted earnings of $0.40 a share for the quarter did clock in
well below last year's $0.44 a share. However, once you back out
a $91 million bad-debt charge related to its unfortunate
receivable from Lehman Brothers, and a favorable tax resolution
from last year's quarter, earnings on a per-share basis actually
rose from $0.42 to $0.43.
Are the theme parks suffering?
That's debatable. The company's parks and resorts division
posted a 7% increase in revenue. Operating income did drop 4%,
but that's the result of higher labor costs and the spike in
fuel costs at its cruise line (which have since retreated
dramatically).
I'm not suggesting that
everything is zip-a-dee-doo-dah-riffic at Disney. Even on an
adjusted basis, this is the first time that Disney has missed
analyst estimates since CEO Bob Iger took over.
However, where is the love for
the dependable ESPN and Disney Channel cable revenue, which is
helping soften the blow of lower ad revenue at ABC? Where is the
euphoric applause for the boost in Disney's consumer-product
division from the popularity of Hannah Montana and
High School Musical merchandise?
These aren't banner times in the
media industry. News Corp. (NYSE: NWS)
shares were slammed this week after the company talked down its
guidance. CBS (NYSE: CBS) shares
fell on the week, even after increasing initially when the
company reassured investors that it would keep its beefy
dividend. Others, like Time Warner (NYSE:
TWX) and Viacom (NYSE: VIA),
are holding up with their steady cable properties, but also
feeling the sting of the fading advertising market.
So hang in there, Mickey. Keep
dodging the premature firing squad. Things aren't great, and
they won't get any better in the near term. However, the
haircuts on the share prices in the sector are wildly
disproportionate to the slip in fundamentals.
Recession or worse,
entertainment still matters. |
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Dream theme park weddings
TTG Live - Theme parks offer a perfect solution for couples
looking to add a little fairy dust to their nuptials with a
totally one-off experience.

Disney Resorts has long offered
special wedding and engagement packages at Walt Disney World in
Florida; but it also offers similar romantic packages at
Disneyland in California, although these are not sold by the
main UK wedding operators.
Theme park weddings tend to
appeal to couples who are younger or have children and they can
cater admirably for such family occasions.
However, the vast choice of
overseas wedding destinations means demand is not that high,
particularly as they tend to cost more than the alternatives.
"In our experience, couples tend
to go more for New York or the West Coast; most of the bookings
we get for Disney weddings tend to be direct," said Kuoni
specialist sales manager Sophie Parker.
However, Thomas Cook long-haul
product manager Michael Thurston felt that the popularity of
ceremonies at Disney's Florida park had been fuelled by the
strength of the pound against the dollar in recent years, while
Jo Dewhurst, Cosmos Dream Weddings co-ordinator, said Disney
that weddings tended to appeal to couples who knew the Disney
theme parks well.
Virgin Holidays product co-ordinator
Carla Reed said there is an average spend of between £2,000 and
£3,000 on the operator's Disney wedding packages.
Walt Disney World
Walt Disney World stands way
above the other parks when it comes to the scope and scale of
packages available for weddings and vow renewals. Couples can
choose from a variety of locations, from the Italian village
inside Epcot to outside Cinderella's Castle. The bride can
arrive in style in Cinderella's carriage and Mickey and Minnie
can even be special guests – although this option tends to be
much less popular with British couples than with Americans.
Couples can also marry on one of the Disney Cruise Line ships.
Sample prices
www.disneyweddings.go.com
Virgin Holidays offers a Disney
Deluxe Escape Package from £2,489 per couple.
Cosmos offers a Disney Premium
Escape wedding package for £2,395 per couple.
Kuoni offers a Disney Deluxe
Intimate Wedding package for £1,788 per couple.
Universal Orlando
The Florida park does not offer
wedding or honeymoon packages, but couples can marry at its
three on-site hotels – the Loews Portofino Bay, Royal Pacific or
Hard Rock, which treats couples like "rock stars."
www.universalorlando.com
Futuroscope
This French theme park arranges
private ceremonies, with photos taken in the park and receptions
in one of the on-site restaurants where entertainment can be
arranged. Depending on the restaurant chosen and the number of
guests, costs will vary, but the last wedding came to more than
€20,000. It holds only around one or two weddings a year and, to
date, no British couples have married there.
www.futuroscope.com
Discovery Cove
Famous for giving visitors the
chance to swim with dolphins and interact with other sea
creatures, this Florida park arranges vow renewals on request.
It is also planning to launch special wedding packages, but
plans are in the early stages.
www.discoverycove.com
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Disney’s ‘Caspian’ Blu-ray Offers 360-degree Views
Home Media Magazine - It’s a Disney idea that goes back to the
1950s, and an attraction where Disneyland visitors got
360-degree visual tours of several countries. Images recorded on
nine cameras were displayed on nine screens in a circle, taking
viewers through images of China, Canada and, of course, America.
Now, Circle-Vision has been adapted to the Blu-ray Disc format,
premiering on the Dec. 2 releases of The
Chronicles of Narnia: Prince Caspian.
With a full-time DVD and Blu-ray crew using a 360-degree
high-def camera on the sets of the film, the castle raid portion
of the film is broken down in a dozen ways, with every scene
offering commentaries from different people, animatics, pop-up
facts, behind-the-scenes musings, slide shows and more.
“It’s totally unique to the Blu-ray format,” said Andy Siditsky,
SVP of worldwide creative services and DVD production for
Disney. “You’re actually on the set.”
BD Live network exclusives and an interactive game are also
included on the two-disc Blu-ray, with three-disc Blu-ray
offerings including a digital copy of the film. The bare-bones
DVD has a commentary, while a collector’s edition (and the Blu-rays)
include bloopers, several featurettes and deleted scenes.
“Today (Nov. 6) was my first experience with [Blu-ray],” said
actor Ben Barnes (Prince Caspian). “They’ve been very
imaginative in how they include all they can in there. There are
a lot of unsung heroes in a movie like this, and it’s nice to
[show viewers] … how all the cogs work.”
He said Blu-ray and DVD bonus features can often be more
important than the film to viewers, and BD Live and high-def
video are great upgrades.
“The sound’s incredible, but the lighting is … what it picks
up,” said actor William Mosley (Peter Pevensie). “It’s really
interactive, you can find interviews with [everyone]. You can
find how we shot every scene. You get so much more out of the
movie.”
He’s hoping Walt Disney Studios Home Entertainment remembers to
send him a copy when they’re available.
“Just in time for Oscar consideration,” said Howard Berger of
K.N.B. – EFX Studio about the Caspian
releases. He said the creature creations his crew did for
Prince Caspian stand up well under
the 1080p glare of Blu-ray.
“It scares you a little bit, the resolution people can see now,”
he said, adding that lighting crews and cinematographers can
help keep everything looking real. “We still have a lot of
perfecting to do to complete what Blu-ray and high-definition
can do.” |
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Sponsored Black Cabs treat sick kids to Disney trip
London
Turkish Gazette - Around 100 Black taxi-cabs, including 10
sponsored by a Turkish firm, took a number of children with
life-threatening illnesses to Disneyland Paris recently for
three day treat of a lifetime.
Universal Claims and proprietor
of the company Serdar Sari were proud to sponsor 10 of their
cabs for the trip for sick youngsters last month, called the
Magical Taxi Tour.
Mr Sari said "We are proud to
have been involved with this project and our `Black cabs were at
the forefront of the convoy to Paris. To be able to help give
these sick children a mini-holiday to remember is very special."
Setting out from Canary Wharf,
the fleet of taxis made their way to Disneyland Paris where the
children enjoyed fun and festivities at the theme park.
The trip was completely
sponsored with all expenses paid by companies.
It was the 15th year the event
has taken place which give children with a range of chronic
debilitating illnesses and life limiting conditions the chance
to enjoy a week-end away from hospitals. |
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Susan Lucci on tap for both days of Super Soap, Dancing With the
Stars partner Tony Dovoloni also on board
Theme Park Rangers - Susan Lucci's ouster from ABC's Dancing
With the Stars this week does indeed mean that she will be
attending both days of Super Soap Weekend at Disney's Hollywood
Studios Nov. 15 and 16, Walt Disney World officials confirm.
As a bonus, Lucci, longtime star
of ABC's All My Children, is scheduled to dance -- with
her DWTS partner Tony Dovoloni -- for the fans after
her Saturday noontime motorcade. She's nothing if not a trouper.
It's also the last dance for the
event. The company announced earlier this year that there would
be no Super Soap Weekend at the park in 2009. |
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Thursday
November 6, 2008 |
Disney Posts Earnings of 40 Cents, Missing Estimates
Disney by Design
Avoiding bummers at the 'happiest place on Earth'
The Gift of Disney Books
'Live with Regis and Kelly' Announces New Holiday-Themed Travel
Trivia
Can
Disney Earnings Escape Traps of Big Media?
Rebranded
Disney network rocking with "Band"
The Disney Magic
Downtown Disney store
to close
Jet Airways launches 'World Of Wonders' an in-flight festival
for its young passengers
A Tussle Over Tinker Bell
Former Disney Employee Sentenced For Infant Porn |
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Disney Posts Earnings of 40 Cents, Missing
Estimates
CNBC - Walt Disney reporting earnings of 40 cents a share for
the third quarter, missing analyst estimates as the
entertainment giant was hurt by the struggling economy, lower
box office returns and a loss associated with Lehman Brothers.
The
company's earnings were four cents below the same quarter a year
ago and below expectations of 46 cents per share.
The company said it realized a net
benefit of 33 cents per share on the sale of E! Entertainment
and Us Weekly and the shuttering of it ABC Radio business.
Also, Disney realized a net of one
cent per share due to an accounting benefit from the acquisition
of Disney stores in North America, the sale of movies.com,
resolution of tax matters and a fourth-quarter bad debt charge
for a receivable from Lehman Brothers.
Excluding the bad debt
charge and the resolution of
favorable tax matters in the
same quarter in 2007,
earnings were 43 cents a
share compared to 42 cents
the year before.
"I'm pleased by Disney's
strong performance in fiscal
year 2008, especially in
light of the challenging
economic environment," CEO
Robert A. Iger said. "This
is clearly a difficult and
unpredictable time and while
our businesses aren't
immune, the strength of our
assets, brands and
management team positions us
well for the long term."
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Disney by Design
New York Times - The most expensive piece of clothing sold by
the Walt Disney Company six years ago was a $75 sweatshirt
embossed with a mug shot of Mickey Mouse. By Magic Kingdom
decree, home furnishings were required to exhibit at least one
Disney character, leading to children’s play rugs ($65, in
Pluto) and nightlights ($9.95, in Winnie the Pooh).
Disney
still peddles all those things. But now the company also sells
$3,900 designer wedding gowns — no characters in sight — and
women’s cashmere sweaters “inspired by Tinker Bell.” Interior
design offerings include $2,800 leather club chairs and $6,000
chandeliers patterned after the Art Deco décor in Mr. Disney’s
former office. One of the company’s new products: couture soap.
Welcome to Disney, the
“lifestyle brand.”
Shoppers may be surprised to
learn that these pricey and Mickey-free products are from the
same company that foisted “Hannah Montana” on the world and
turned singing Chihuahuas into a cultural touchstone. While some
of the items have recognizable characters on them, others
contain only winks and nods to the company’s animated movies and
theme park rides. And sometimes the only hint of Disney’s
involvement is on the label.
Lindsay Bern, a makeup artist
for Smashbox Cosmetics, was so delighted with a lavender and
silver tote bag that she received as a gift from a friend that
she started using it immediately. Then, while on an airplane, a
flight attendant commented on her “Alice in Wonderland” bag. “I
thought she was crazy until I started looking at it more
closely, and, sure enough, there was a subtle Alice hiding in
the design,” Ms. Bern said.
The Disney brand, of course, is
one of the most powerful in the world. It connotes quality and
creativity, but also carries a strong whiff of mass culture —
which can turn the noses of fashionistas skyward. It is
difficult for many upscale customers and boutiques to take
Disney seriously. Of her bag, Ms. Bern said, “I’ll admit it: I
liked it better when I didn’t know it was from Disney.”
But Disney has been working hard
to improve its image. Starting in 2002, the company tiptoed into
high-end retail, seeking out partnerships with designers like
Paul Smith, Vivienne Tam and Dolce & Gabbana, who created a
$1,400 sequined Mickey Mouse T-shirt. Andy Mooney, chairman of
Disney Consumer Products, thought that a smattering of designer
clothes featuring Disney characters in fresh ways would gain the
attention of fashion-forward shoppers. The goal was to stretch
the brand a bit while adding buzz.
Now Mr. Mooney is going further,
asking people to think of Disney as a brand of luxury clothing,
expensive home furnishings and hip jewelry. Lest anyone be
confused, the company has created labels to differentiate the
new merchandise from what it sells at Disney Stores and theme
parks. The “upscale, high-glam” Disney Couture is primarily for
women, while guys have Bloc28, a name that refers to Mickey
Mouse’s debut in 1928. The labels, featured in fashion magazines
like Vogue and worn by celebrities like Rihanna, are sold only
in boutiques and in department stores like Bloomingdale’s and
Neiman Marcus.
From a business perspective, the
full-speed push into “noncharacter products” like dining tables
and executive fountain pens is a crucial way for Disney to
expand its consumer products unit, which is better known for
pumping out Power Rangers pajamas and Daisy Duck key chains.
Disney says that sales of its home and lifestyle products will
total about $85 million in the next 12 months, making up one
percent of the consumer unit’s revenue. Within five years, the
company projects the category will deliver $500 million in sales
a year.
It is an ambitious plan for a
company whose idea of fashion for decades was to attach plastic
mouse ears to a beanie. Analysts who follow Disney said the
company’s strategy is smart, though the recent downturn in
consumer spending may make it difficult to meet those aggressive
sales goals, and some consumers have noticed a similarity
between Disney Couture and Juicy Couture.
Over time, consumers from all
quarters are likely to grow familiar with the new designs. In
one deal that has yet to be announced, Wal-Mart has hired Disney
to take over its children’s bedding department this spring.
Disney will supply its normal range of “Cars” pillowcases and
“Cinderella” sheets, but it will also create four lines of
bedding that include no images of Disney characters.
In September, Disney introduced
a collection of patio furniture in partnership with Agio.
Starting in the spring, consumers will be able to decorate their
backyards with outdoor dining sets from the Animal Kingdom
Collection. Or they can opt for a martini bar and swivel bar
stools from the Grand Floridian Collection — a respite, perhaps,
for parents after one too many viewings of “Toy Story 2” on DVD.
Other
new products this fall include $1,200 fountain pens from
Monteverde that come in three designs. In the Sleeping Beauty
Collection, for example, subtle silver arches around the cap are
modeled after the window architecture on the Sleeping Beauty
Castle at Disneyland. The nib is 14-karat gold (of course).
Coming soon: Disney dresses from
the Los Angeles designer Sue Wong; they will play off the colors
in “Fantasia”
“This is more about feeling the
Disney characters than seeing their image,” said Kidada Jones,
the former Tommy Hilfiger model (and daughter of Quincy Jones),
who teamed with Disney to produce a line of jewelry and
accessories. One of Ms. Jones’s top sellers is a $143 bracelet
made from braided turquoise leather and marketed as an “Alice in
Wonderland”-inspired design. The gold-plated charms that dangle
from it are references to the story: a pocket watch, hearts,
signs that say “Eat Me” and “Drink Me.”
Donna Sheridan, vice president and
general manager of Disney Consumer Products, said the company
wants people to think of Disney as more of a J. Crew than a
family fun factory. “I want to have pieces that adults,
designers and tastemakers can all wear and put into their
homes.”
The sense that Disney’s new
fashions could blend with a woman’s everyday wardrobe is what
sold Bloomingdale’s on them.
“We were interested because none
of these pieces look like tourist items,” said Denise Ramirez, a
divisional merchandise manager at Bloomingdale’s in New York
City. “They are clothes you would wear, not something you pick
up at a theme park because it’s cute for the day.”
Paul Devine, an interior
designer based in Pasadena, Calif., said he was surprised by
Disney’s furniture line, which is produced with Drexel Heritage.
The collection started with 12 pieces in 2006 and quickly
expanded to 50 the following spring.
“I’m a stickler for quality, and
I had reservations that this would be up to my standards,” Mr.
Devine said. After much scrutiny, he decided to add a few Disney
furniture items to a home he was designing in Palm Springs,
Calif., and he has been a customer ever since. “There’s even
some sex appeal at work there,” he said.
As the company presses forward,
it is encountering competition from inside the movie capital.
Warner Brothers, also chasing the brand halo that can come from
partnerships with top-notch designers, just landed a deal with
Diane von Furstenberg. Warner, home to Looney Tunes and DC
Comics, teamed with Ms. von Furstenberg on a series of $695
ready-to-wear dresses inspired by Wonder Woman.
To attract artists and
designers, Disney has played much looser with its characters
than ever, a move that has been controversial within the
company. A T-shirt sold at Fred Segal Fun in Santa Monica,
Calif., showed Mickey Mouse looking like a pimp, with a
gold-studded chain and a fedora. An upcoming jewelry offering
from Disney’s fashion collection for young men is a ring that
depicts a rabid-looking Mickey Mouse with freakish long fangs.
Pam Lifford, executive vice
president of Disney Consumer Products, defended the provocative
images. “We take it to the edge but keep it controlled and
maintained,” she said. “Allowing designers and artists the
freedom to take our creative assets and explore, within reason,
is the only way we can attract the right talent.”
Designers say they have been
impressed with the willingness of the famously guarded company
to take chances. Charlotte Tarantola, a Los Angeles designer,
said she decided to do a limited collection based on “Snow White
and the Seven Dwarfs” in part because Disney allowed her to
explore “the darker, very adult side of the fairy tale.”
As the proprietor of a small
company, Ms. Tarantola was eager to piggyback on the Disney
name. “Anyone who is alive today has been touched by Disney in
some way. If becoming partners with them can help my business,
far out.” |
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Avoiding bummers at the 'happiest place on Earth'
The Salt Lake Tribune - The long awaited trip to Disneyland so
many years ago was supposed to be special. The family saved for
years for a dream vacation to the land of Mickey Mouse but the
reality turned into a major disappointment.
The park was so crowded the
family spent all day waiting in winding lines and managed to get
on only five or six rides, a fact that Birmingham, Ala., author
Bob Sehlinger, who made that trip, called "annoying beyond
description."
After he returned home,
Sehlinger decided to use his background in operations and
research to see if he could collect visitor data and work out
models to help families visiting Disneyland to avoid the
pitfalls that ruined his dream vacation.
The result was a book called
"The Unofficial Guide to Disneyland," an effort that spawned
many other similar titles on popular destinations.
After recently taking two of my
grandsons to Disneyland on a weekday during the second week of
September where we were able to walk on to most rides and only
the submarine ride had a lengthy line, I wondered if we had
picked an optimal time of year to visit the happiest place on
earth.
It turned out we had.
"Avoid the summer and holiday
periods," recommended Sehlinger, who said the advice works for
both Disneyland and Disney World in Florida. "The lowest crowds
of the year can be found during the period between Thanksgiving
and the Christmas holiday and November leading up to
Thanksgiving."
Other good times to visit are
February, March and April before southern California schools
begin having Disneyland days in the spring, "Determine the best
time by following the school calendar," said Sehlinger. "If
school is out or there is a major holiday, it will be crowded.
Since Disneyland is southern California's own theme park, there
will be an off period more on weekends than on weekdays."
Gerdi Scheffler, of Salt Lake
City-based Great Basin Travel, tells her clients to avoid
visiting Disneyland in summer if at all possible. Holiday
periods such as Christmas or any three-day weekend are
particularly bad. She also recommended checking the Anaheim
Orange County Visitors and Convention Bureau to see if any major
conventions are in town that could draw large crowds to the
park.
"The second half of September
and the month of October except during the UEA (Utah Education
Association) holiday is a great time to go," said Scheffler.
"The weather is obviously nice. I would think the last part of
April and first 10 days in May were times I would pick to go and
there is also the end of January but the weather might be
questionable. Spring break is horrendous."
The downside of visiting the
park during a slow period is that hours are shorter and some
major attractions are closed for renovation or in preparation
for an upcoming holiday. For example, in September, the Haunted
House was dark as workers readied it for Halloween celebrations
and Small World was closed for a major renovation.
Small World, which will open in
a few weeks for a Christmas show, was closed for much of this
year. It will be dark for most of January and then open with a
revised and newly improved display.
Disneyland spokesman John
McClintock said the busiest seasons at the park are between
Christmas and New Years and when school is out in July and
August. Weekdays after Thanksgiving and before Christmas are an
ideal time to visit, especially since all the Christmas
decorations and entertainment are up and running.
Also, in order to cut down on
staffing, some major rides do not operate with all the trains or
cars running when the park is not crowded.
McClintock said January and
February are usually good months to visit, though the park does
offer special discounts to southern California residents that
can bring some crowds.
Sehlinger said picking a day of
the week to visit is tricky, largely because Disney offers early
entry programs some days to those staying at its hotel
properties. He said travelers with flexibility who aren't
staying at a hotel with those privileges should avoid those
"morning magic" days.
"People at Disney understand
that when the park is crowded, it is not good for first time
visitors," said Sehlinger. "So they lay out more live events
like concerts and parades during the holiday period.
Because Disneyland is
comparatively small compared to Disney World, you feel the
impact of the crowds."
The bottom line is that to enjoy
your happiest day at the place that bills itself as the happiest
place on earth, do some research and avoid holidays and summer
months if possible. |
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The Gift of Disney Books
Disney Insider -
With the holidays approaching, the
eternal question always rears its head — what to give? Something
that won't provoke allergies, be hard to wrap, spoil, break
anyone's special diet, or clash with the décor? A gift that
won't be outgrown, outmoded, or broken by the time the next
holiday season comes around? A gift that brings hours of
enjoyment — no batteries required!
For
many givers, the answer is to choose a classic — the gift of
reading. And if your gift list includes Disney lovers, young or
old, there's a Disney book that's right for each of them. Here
are some of our top recommendations for truly giftable Disney
books.
DISNEY FANS
If the grown-ups you love appreciate Disney, there's an
embarrassment of riches from which to choose.
The Alchemy of Animation
Newly published (so you know they probably don't have it yet!)
this lavish coffee-table volume is a step-by-step introduction
to animated filmmaking from one of the foremost producers of
animated features, Don Hahn.
Walt Disney Animation Studios The Archive Series: Story
Rare and never-before-seen artwork found in the Disney archives
fills the pages of this abundantly illustrated book (the first
in a series). With an introduction by John Lasseter, this will
be the must-have art book for collectors, artists, and Disney
fans.
Disney Lost and Found
A glorious first look at visual development art for
never-released Disney animation. The visual development art
contained within the book has never been seen by the public!
BELIEVERS IN FAIRIES
That special little (or big!) girl will adore anything to do
with the magical winged beings — like:
Tinkering Tink
Gorgeous, rich embossing enhances this sweet story, sure to
charm the pixie dust out of parents and little fairies fans
alike.
TWEENS
It's all about the music for many kids this age — here are two
standout choices for young fans.
Burning Up: On Tour with the Jonas Brothers
Here's your backstage pass to life with Kevin, Joe, and Nick
Jonas. Fans get a behind-the-scenes look at the band warming up,
performing, and goofing off backstage, as well as their
downtime. And all of the amazing photos are accompanied by a
candid narrative by the Jonas Brothers themselves.
Backstage Pass
Readers will find out what it's like to "live the life" with
this exclusive, all-access look into Hannah Montana's rockin'
world! This behind-the-scenes glimpse of the pop star's life
includes ten interactive elements, including a removable
backstage pass, a fashion wheel, and a guitar pick.
VACATION PLANNERS
Help them plan a 2009 experience to remember for a lifetime —
from Disney Theme Parks to the South Pacific.
Birnbaum 2009
The newest, updated-for-2009 releases of Birnbaum's Disney
Guides include: Birnbaum's Disney Cruise Line 2009, Birnbaum's
Disneyland Resort 2009, Birnbaum's Walt Disney World 2009,
Birnbaum's Walt Disney World Dining Guide 2009, Birnbaum's Walt
Disney World for Kids 2009, Birnbaum's Walt Disney World Without
Kids 2009.
Birnbaum's Walt Disney World 2009 Pocket Parks Guide
This brand-new, ultraportable Birnbaum guide can be taken along
to the Parks for on-the-spot reference.
The Imagineering Field Guide to Disneyland
Visit Disneyland with the knowledge of a Disney Imagineer at
your fingertips! This detailed guide leads you into nooks and
crannies you might not otherwise discover, and tells you about
all those little things that make such a big difference.
What the Sea Teaches Us: The Crew of the Morning Light
Follow the trials and triumphs of one of the youngest crews ever
to compete in the Transpacific Yacht Race, mentored by
passionate sailor Roy Disney! Award-winning nautical
photographer Sharon Green contributed her breathtaking
photographs to the book, which contains over 200 stunning
images.
Whatever you choose, we hope your holiday season is joyous and
your gifts are received from the heart. |
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'Live with Regis and Kelly' Announces New Holiday-Themed Travel
Trivia
PRNewswire - Popular morning talk show "Live with Regis
and Kelly" is partnering with T-Mobile USA to bring families
closer by sharing their holiday photos live on television -- and
at the same time giving them the chance to win exciting
vacations and the hottest new mobile phones.
"Live's Holiday Snapshot Travel
Trivia" is a brand-new concept for "Live's" daily trivia game.
Beginning on November 6, 2008, viewers can enter by simply
sending in their favorite holiday family photocards or
snapshots, either by uploading them online to
liveregisandkelly.com, or via mail. And from November 17 through
January 2, 2009, each day's trivia contestant will have their
photo featured on "Live," and will be called and asked to answer
a trivia question about a previous show.
If they answer the trivia
question correctly, they'll be on their way to one of several
fantastic vacation destinations. Contestants also could win
either of T-Mobile's new cutting edge mobile phones, the
T-Mobile G1 with Google or the MOTOZINE(TM) ZN5, plus one full
year of complimentary service. And everyone who enters "Live's
Holiday Snapshot Travel Trivia" will automatically be entered to
win the "Fly with T-Mobile Family Vacation," an all-expense paid
trip for up-to six people to one of more than 100 U.S.
destinations.
"We're always on the lookout for
creative ways to involve our audience with the show, and we
think this new holiday edition of 'Travel Trivia' is going to be
a hit," noted Michael Gelman, Executive Producer, "Live with
Regis and Kelly." "Featuring the holiday photo of each
contestant and their family as they play the trivia game adds a
new interactive twist to the segment, and the addition of
T-Mobile's latest and greatest mobile phones also makes for an
exciting new prize element."
Full contest rules and details
are available at liveregisandkelly.com. "Live with Regis and
Kelly" is executive produced by Michael Gelman, and is
distributed by Disney-ABC Domestic Television. Produced by WABC-TV
in New York, "Live with Regis and Kelly" airs every weekday
morning in more than 200 markets across the country.
For more information on T-Mobile
products and services, visit
http://www.t-mobile.com. |
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Can
Disney Earnings Escape Traps of Big Media?
24/7 Wall St. - The Walt Disney Co. (NYSE: DIS) is set to report
earnings right at the close of trading today. The Thomson
Reuters (First Call) estimates for the media giant and DJIA
component are $0.49 EPS and $9.34 billion for this last Q4
period. Estimates for next quarter (fiscal Q1-2009)are $0.59
EPS and $10.53 billion in revenues. Unfortunately, there are
many other issues to consider here than the past quarterly
earnings report today.
We have seen
earnings from Time Warner Inc. (NYSE: TWX) and News Corp.
(NYSE: NWS) just yesterday. Neither were greeted with
cheers. Time Warner stock fell over 6% yesterday and shares
are down another 3% today. The soft earnings and the weak
guidance because of television and advertising revenues
coming down sharply has News Corp. stock down 16% at $8.30.
Amazingly enough, that is not actually a 52-week low. Sumner
Redstone's CBS Corp. (NYSE: CBS) has also been under severe
pressure as shares have lost roughly one-quarter of their
value since last month before media earnings hit and before
Redstone "mistakenly" was forced to sell shares. Shares are
down 40% from October 1.
The issue at
hand is that Disney has been the best and most insulated of
all the media companies. The fact that shares are "only"
down about 33% from their highs is a serious win in this
crummy recessionary environment. What we want you to brace
for is this: NO ONE IS IMMUNE! NO ONE! Analysts have only
taken down their earnings estimates from $0.51 to $0.49 EPS
over the last 30 days or so. More importantly, estimates
for the December quarter have only come down by $0.01 to
$0.59 EPS. We really do not know what cloud these analysts
have their head in, and we think they may have their head
stuck up somewhere else besides the clouds.
Disney has
ABC, ESPN, Disney, Club Penguin, and many other iconic
brands which have tentacles in old media, virtual media, new
media, and physical presence entertainment. It will make it
through this environment. But in no way is it immune.
This stock has lost roughly 20% since October 1. But it
has held up much better than peers. If you have to own a
single media stock, the Mouse House and Hannah Montana owner
will be the one you want to own. But the question looms:
WHEN? Things are very bad in the economy. Unless a giant
rapid direct stimulus check round 2 package comes from Uncle
Sam in time for Christmas, then you can count on the
Christmas season number one gift being lumps of coal.
Things are so bad for the consumer that we'd even propose
that Hannukah be taken down to eight days from four days
this year to take the pressure off the consumer.
Unless our
data figures managed to not get updated, the analyst numbers
just seem way too high. The revenue estimates would mean
that the Mouse House grew revenues from 2007 calendar levels
by $401 million in the last quarter and would still post
growth of almost $100 million for the coming quarter. Those
are not ridiculous numbers, but there is one other agent
that will have worked out grossly different for Mickey and
friends: the greenback. The US dollar strength means that
the company will have earned less net monies from its
overseas operations this last quarter as a given, and it
will impact the Christmas quarter as well.
How many
advertisers have brought down their spending? From the looks
of it, almost all of them. How many families can take their
kids to Disneyland or on a Disney Cruise compared to last
year? We will not know that answer until after the
earnings, but that number has to be far fewer than before.
From the
looks of options prices today, it seems that options traders
are only bracing for a move of about $1.10 to $1.30 in
either direction. With such a High VIX and with the markets
this volatile, we won't be shocked if the reaction in either
direction is much more than this. The 50-day and 200-day
moving averages are far enough north of today's stock price
that there is no long-term read here. In the short-term,
Disney shares have used $26.00 as resistance and $22.00 as
support. The 52-week trading range is $21.25 to $35.02.
So far we
have only shown you the bad things in the economy which will
be acting against Disney. But there actually some great
things here at Disney which we'd be silly to not recognize.
If the earnings estimates are attainable then the P/E ratio
is actually under 10.0. That does not happen very often.
The stock market has been hit so hard even after the recent
pre-election bounce that much of this bad news and weak
economic expectation has to be factored in. Over the last
5-year period we have not ever seen this stock sell off by
such a large percentage in such a short period. Over the
time a 20% pullback gave you a gift entry point where your
share gains could have been 30% to 50% depending upon your
holding times. This company is an earnings powerhouse with
brand-leader status in many categories. Its clients are
aged 0 to 90 and the income range of its clients is from the
poor all the way up to the three-comma net worth crowd. So
there are good things at work here.
So here are
our "hopes" for today. Hopefully we are just being way too
pessimistic and hopefully this company is more defensive
than others. Hopefully the drop seen in the shares and the
low P/E already reflects this. Hopefully our data we have
seen on the lack of analysts cutting estimates just has not
been updated at the source. Hopefully the "efficient market
theory" prevails to the point that the market already
factors in good news and bad news for known events ahead of
time. Hopefully the firings on Main Street and the crummy
jobs numbers won't be as bad as we expect. Hopefully the
much lower oil prices means that it isn't out of the norm
for a family to drive 200 miles to theme parks for the
weekend. Hopefully ad monies for sports haven't come down
as much as they have for other media. Hopefully consumer
credit will come up, and hopefully we'll see another round
of free money checks go out from Uncle Sam to Joe public for
consumer spending in time for Christmas. The problem here
with all of these hopes is that history has shown "hope" is
one crummy investment strategy.
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Rebranded Disney network rocking with "Band"
Reuters - Disney XD, the network that will launch in
February following the rebranding of Toon Disney, is
developing a live-action pilot about a rock band.
The project, titled "I'm With the Band," centers on a tween
boy who gets hired as the lead guitarist for a Spinal Tap-type
band that was popular in the '80s and is looking to make a
comeback. It was created by Michael Kaplan ("Frasier") and Ron
Rappaport (MTV's "Next").
Disney said in August that it will rebrand its U.S.-based
Toon Disney TV and online platforms as Disney XD, featuring a
mix of live-action and animated programming targeted primarily
to boys 6-14. Inaugural programming will include the live-action
series "Aaron Stone." |
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The Disney Magic
Business Standard - Lee Cockerell, who rose from a humble
background to become the executive vice-president of operations
at Walt Disney, is an emphatic proponent of leadership virtues.
He narrates here the secrets behind the global success of the
Disney enterprise, with people from all over the world partaking
in the joy of entertainment resorts, theme parks, cruise lines
etc.Cockerell grew up on farm in Oklahoma. He recounts fondly
how he used to milk cows and then haul the milk across the
neighborhood in return for 50 cents and some peaches from a kind
couple. This, he says, instilled in him a solid work ethic.
Later he moved to Washington and worked as a banquet waiter at
the Hilton. This was his first real job and he attributes
learning the importance of diversity to the time spent there—he
had co-workers from all over the world.
In 1970, he became the personal assistant to Eugene Scanlon,
the food and beverage controller at the Waldorf Astoria in New
York. Scanlon made him attend countless banquets and paid for
several rounds of wine tasting to enable Cockerell to see the
importance of good service. Each of such tiny lessons, he says,
stands him in good stead to this day.
Cockerell also relates incidents when he was directly
confrontational with junior members of the staff, and
surprisingly, for which he suffered physical injuries at times
(one humiliated waiter smashed a Budweiser bottle into his
face). However, it is his attitude that stands out. Rather than
nurse grudges, Cockerell chose to learn, and committed himself
to treating all his employees, irrespective of rank, with
respect.
More importantly, he started searching for solutions to his
workplace crises, and discovered that nearly each of them could
be traced to a leadership failure on his part. He realized that
“great leaders always focus on others, not on themselves. They
hire the right people, train them, trust them, respect them,
listen to them, and make sure to be there for them when needed.”
At Disney, Cockerell incorporated the principles that he
enumerates in this book. One of his prime strategies is the
concept of equality. He stresses on the importance of every job
in the office hierarchy. In this regard, he does well to cite an
early job as the grease man at a Nevada restaurant. It involved
pushing a little cart around the kitchens and emptying grease
from the griddles. He was, of course, treated with disdain, or
just plain indifference, as though he didn’t exist. Only he
seemed to appreciate how crucial keeping the griddles
grease-free was to the running of the kitchen, and in turn, the
restaurant.
This lesson stayed with Cockerell. As he rose to become an
executive vice-president at Disney, he came to propagate the
notion that everyone, from the cleaning staff to the ticket
seller, had an equal role in the Disney success story. Towards
this goal, he put in place a nomenclature system under which all
Disney employees were called “cast members”. Laundry, for
instance, was handled by “textile services”.
In a world bustling with brands, Cockerell is of the view
that people are the real face of an organization’s success. If
you don’t have good people, he says, no amount of PR, marketing,
branding will make up for it. Successful organizations know this
and nourish their human resources. He suggests a variety of ways
to bring this about, one of which is training. Training
employees vigorously and purposefully inspires them to reach
excellence in their work, which in turn, optimizes the
organization’s profitability.
Another is appreciation. Cockerell reminisces how, during a
visit to the house of a senior employee, he came across a letter
of appreciation he had written him, “handsomely framed and
hanging in a prominent place in the foyer.” Battling
embarrassment and curiosity, Cockerell was nonetheless genuinely
moved.
Cockerell’s strategizing also touches upon an organization’s
structure, which, he says, is as important as the structure of a
building. He believes that structure isn’t a constant, rather it
is a fluid entity which is modified regularly. This is
especially relevant in today’s times, when advancements in
technology are redefining work spaces. This is a direct upshot
of his view that delegating authority is an important step
towards accountability, since authority is a cornerstone in the
exercising of responsibility.
Cockerell finishes the book with some deft self-promotion,
giving out the details of programs conducted at the Disney
Institute, a management training centre in Florida. A book can
only take you so far, he says, attend the program for full
benefit—as you imagine the oracle, until now charming and
hilarious, ending his monologue on a rather unsavory note.
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Downtown
Disney store to close
OCRegister - Saks Inc. announced Wednesday that it will
discontinue its Club Libby Lu business.There are 78 Club
Libby Lu stand-alone stores averaging 1,100 square feet at malls
nationwide, including its only O.C. shop at Downtown Disney that
opened in 2004, according to its Web site. The chain employs
about 1,700 employees, who will be offered severance packages.
The upscale department store chain expects to complete Club
Libby Lu store closures by May 2.
Steve Sadove, CEO of Saks Inc., said: “Discontinuing the
operations of Club Libby Lu is the appropriate decision so that
we can focus 100 percent of our time and resources on executing
the strategies of our core Saks Fifth Avenue business.”
In 2003, Saks bought Club Libby Lu’s 11 stores primarily as a
growth vehicle. For the fiscal year ended Feb. 2, Club Libby Lu
generated revenues of about $60 million.
The 8-year-old Club Libby Lu chain caters to girls ages 4 to
12. At the experience-driven stores, girls can dress up as
princesses or rock stars; mix spa products like “Soapy Sundae”
body scrub, lip gloss and “Kool Karma” body spray; and get their
ears pierced, according to the retailer’s Web site. |
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Jet Airways launches 'World Of Wonders' an in-flight festival
for its young passengers
AME - WOW - is a tailor-made, two month long in-flight fiesta
suitable for viewing by the entire family, while they fly Jet
Airways.
The festival will feature an exclusive Disney Channel
compilation of hit shows like Hannah Montana featuring the tween
sensation balancing her twin lives of a superstar and a regular
schoolgirl. Another favourite, The Suite Life of Zack & Cody, is
a comedy about twins who are always finding themselves in the
middle of funny situations. Continuing the sibling madness is
Phineas & Ferb who make up extraordinary inventions in their
ordinary world. Or even Wizards Of Waverly Palace, a fantasy
joyride about a New York family where kids do real magic with
some unreal consequences.
Jet Airways and Disney Channel also bring in the 'WOW' factor
with the 'Camp Rock' Contest based on the keenly awaited Disney
Channel Original Movie - Camp Rock, premiering on 26th Dec 2008
on Disney Channel and on Jet Screen, the Award Winning In-Flight
Entertainment of Jet Airways, soon thereafter.
Children can make the most of a fantastic opportunity to win
wonderful prizes, including prizes for two children to travel to
Hong Kong and visit Hong Kong Disneyland with a parent.
To enter the contest, young participants 5 to 16 years can
simply log on to the Jet Airways website (www.jetairways.com)
and fill in the online contest form. The music clip required for
the contest is available online or can be collected from the in
flight crew members. Winning by answering a simple question can
bring about an opportunity to board another enjoyable Jet
Airways flight to Hong Kong.
The contest also features consolation prizes where each such
winner gets a Camp Rock music CD. The film is about a talented
young girl Mitchie who spends her summer at a prestigious rock
camp and ultimately achieves her dream of becoming a singer. A
motivating film, which inspires us to believe in ourselves and
follow our dreams.
The contest is open from November 1 to December 31, 2008 on all
Jet Airways international and domestic routes including the
routes from the Gulf.
'At Jet Airways, it is our constant effort to provide wholesome,
enjoyable and exciting in-flight entertainment which, like all
our services, is evolving and caters specifically to passenger
preferences.' he added.
Jet Airways (India) Ltd. was adjudged the 2nd runner up at the
recent Avion Awards for Best in Region - Asia and Australasia
for excellence in In-flight entertainment, by airline passengers
voting worldwide (via an online survey conducted by the World
Airline Entertainment Association in partnership with Skytrax). |
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A Tussle Over
Tinker Bell
NYTimes - A small apparel company is raising big questions about
the originality of a limited-edition T-shirt sold on behalf of
the Walt Disney Company.The T-shirt depicts an eagle with
spread wings and a banner reading “Sweet and Toxic” in Gothic
script. Tinker Bell sits below, somewhat seductively, on a heart
pierced by an arrow. The shirt, sold exclusively in Canada, was
designed and manufactured in 2007 by Philhobar Design Canada
Ltd., which licensed Tinker Bell’s image and the Walt Disney
logo from the entertainment conglomerate.
The shirt has led the apparel company, New Name Inc., of Los
Angeles, to sue Disney for trademark infringement in federal
court. New Name says it created the “Sweet and Toxic” design in
2004 and that Disney — not Philhobar — stole it. According to
the suit, the only difference between the two designs is Tinker
Bell; the New Name version has a skull and crossbones in that
space.
Jury selection in the case started Tuesday. A Disney
spokesman would not discuss the case, citing the pending legal
action. Philhobar also declined comment.
The case comes as Disney is trying to make a name for itself
in adult fashion through licensing deals with designers who are
interested in depicting the company’s animated characters in
hipper ways. The centerpiece of the push is a line called Disney
Couture.
In many ways, the New Name complaint is business as usual for
Disney, which attracts lawsuits due to its size, and
occasionally runs into problems with its 5,000 or so licensees,
particularly foreign ones. A dust-up occurred last summer in
Britain, where a rogue licensee had produced “High School
Musical” panties for girls with the words “Dive in!”
Separately, a British company called Thoip is suing Disney in
federal court in New York over T-shirt designs. Thoip’s shirts
show characters, drawn from children’s books by Roger
Hargreaves, with names like “Little Miss Bossy.” Disney sells a
shirt in its parks with Daisy Duck and the slogan “Little Miss
Bossy.”
New Name wants to stir up attention. It has hired a
publicist, who issued a news release that blamed Tinker Bell for
ruining New Name’s business by rendering the design in question
“appallingly uncool.” |
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Former Disney Employee Sentenced For Infant Porn
WFTV
- There is nothing more innocent than a little baby, but
detectives say a former Disney employee turned innocent babies
into sexual fantasies and traded pornographic pictures of them.
Tony Guerra, 21, was sent to federal prison Wednesday for those
pictures.
Guerra's
arrest helped unravel an international pornography ring. One
very shocking detail that came out in court Wednesday was
prosecutors saying Guerra invited an online friend to come to
his work at Disney and look for child to victimize.
While he does not have a record of child abuse, prosecutors
say Guerra is extremely dangerous. The former Disney employee
will spend the next decade in federal prison. Investigators said
he had a sick sexual obsession with babies. On Guerra's computer
the found more than 5,000 pornographic images of small children.
Perhaps the most disturbing, in online chats, prosecutors
said, Guerra persuaded a man in Australia to molest his
grandchild and post pictures of it on the Internet. They said
Guerra then invited another online friend to come visit him at
Disney World to look for small kids.
Guerra was arrested last year along with 40 other people who
were part of an international online child porn chat room. He
pled guilty last spring. Guerra's attorney argued that his
client is developmentally delayed and has severe social problems
and that's the reason he was interested in kids.
"The judge understood that Mr. Guerra has some serious mental
and physical problems that contributed to what he was doing and
she took that into account," defense attorney Peter Kenny said.
Prosecutors wanted Guerra to get the maximum 20 years in
prison, but the judge sentenced him to 10 years and 10 months
behind bars with mental treatment.
Guerra's mother was in court and cried during much of the
proceedings. When he was given the chance to make his statement,
Guerra apologized to his family and said he was never doing it
again.
When Guerra is released from prison, he will spend the rest
of life on probation and is barred from using the Internet or
going to a theme park unless he has the court's permission.
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Wednesday
November 5, 2008 |
Disney
Finds Magic in Movies and Networks
Turn in
those Pleasure Island annual passes
Disney pulls
'Montana' diabetes episode
Pirate and Princess Parties Return at Magic Kingdom
World Theme Parks Market to Reach $28.7 Billion by 2012
The Disney College Program
Disney
Animation Moves Toward U.K. on-Demand
'Monday
Night Football' tops TV cable ratings
Former
Animation Professor Dies from Leukemia |
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Disney Finds
Magic in Movies and Networks
BusinessWeek - Many investors are shying
away from shares of Walt Disney (DIS) in these times of economic
distress. The premise: The global media and entertainment
giant's theme parks and movies wouldn't attract much business
because families as well as vacationers are tightening their
budgets.
Allow me to
express a contrarian view: Movies are as popular as ever.
Disney's newest offering, High School Musical 3,
looks to continue the money-spinning success of the teen-focused
franchise, and two upcoming films, Bolt and
Bedtime Stories, are being lauded by analysts as
potential box-office hits. Disney's home-entertainment
offerings, including its ESPN and ABC TV networks and other
studio creations, are gaining traction. Moreover, the theme
parks aren't doing so badly.
Of course when
people think of Disney, they quickly conjure up images of its
theme parks and resorts. But its Parks & Resorts unit accounts
for only 30% of total revenues. The company's growing family of
TV networks — including ABC, ESPN, Disney Channel, Lifetime, and
A&E, among others —contribute 42% of revenues. Then there is
Disney's Studio Entertainment unit, which generates 21% of total
sales from its animated and live-action movies, musical
recordings, video programming, and live stage plays.
"In an economic
slowdown, [theme] park traffic may drop, but networks and studio
revenues should see them through," says Scott Armiger,
vice-president and portfolio manager at Christiana Bank & Trust
, which has assets under management of $1.7 billion and owns
shares of Disney. Election advertising revenues could help
offset reduced product advertising, and greater box-office and
DVD sales could help offset weaker theme park attendance, says
Armiger. And Disney's Studio business has switched its focus
from quantity to quality, he notes, which means fewer but better
films.
Strong Balance Sheet
With its strong
balance sheet, Disney could pursue more acquisitions, buy back
shares, or increase its dividend, says Armiger. He figures
Disney is trading at a very attractive price of 26 a share, with
a book value of $18 a share. Armiger puts the value of Disney
stock at 40 a share. (The shares are down from a 52-week high of
35.02 on May 16.)
Tuna Amobi, the
analyst who follows Disney at Standard & Poor's Equity Research,
voices the same upbeat note and rates the stock a strong buy
with a 12-month price target of 32 a share. "Amid increased
concerns with a consumer spending pullback, we note Disney in
recent years implemented some steps to help its parks weather an
economic downturn," he says. And compared to its large media
peers, Disney's exposure to advertising-dependent businesses is
somewhat manageable, adds Amobi. (S&P, like BusinessWeek,
is a unit of The McGraw-Hill Companies (MHP).In the meantime,
Disney posted better-than-expected third-quarter results.
"We have been
encouraged by recent trends at ESPN and ABC, and see some
multiplatform upside with newer franchises such as Hannah
Montana and High School Musical," says the
analyst. And in these times of financial stress, Disney's strong
balance sheet, with its "ample financial flexibility," is a
source of comfort, adds Amobi. He figures Disney will earn $2.32
a share in its fiscal year ended Sept. 30, 2008, and $2.49 in
fiscal 2009, up from fiscal 2007's $2.24. Revenues are expected
by some analysts to jump to $39.1 billion in fiscal 2009, up
from an estimated $37.8 billion in fiscal 2008 and $35.5 billion
in fiscal 2007.
"Built-In Premium"
Without a doubt,
there is value to Disney's position as a household name and
global entertainment brand. As a large blue-chip company,
"Disney has a built-in premium in value that provides investors
a positive return on capital," says Daniello Natoli, managing
director at independent investment research firm MatrixUSA .
Rating the stock a buy, he says Disney's low-risk, modest
valuation surely adds to its attraction as an investment.
Although some
analysts have reduced their profit expectations for Disney over
the next couple of years, 16 of the 28 polled by Bloomberg still
recommend buying the stock. Only three recommend selling, and
nine rate Disney a hold.
David Bank, who
follows Disney for RBC Capital Markets , is among those who says
the consensus earnings estimate for the company for fiscal 2009
need to come down given the economic environment. "It's a tough
year for Mickey," he says. "But we remain committed to our
thesis that Disney is simply the best-of-breed, commanding a
premium multiple," says Bank, who rates the stock outperform
with a 12-month target of 33.
Disney holds
special appeal to investors not only because of its long track
record of steady growth, but also because they can feel
comfortable with the power of its widely known brand. Just ask
any person from age 3 to 103. |
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Turn in
those Pleasure Island annual passes
Theme Park Rangers - Attention, fellow Pleasure Island refugees:
If you had an annual pass to P.I., don't forget to stop by a
Disney Guest Services location to receive your pro-rated refund.
I got mine recently but was
warned there was no guarantee how long Disney would honor
them.
Also, be polite but firm in
making sure you are getting the correct amount due you.
There was definite confusion in my case: The first cast
member to help me offered me only $8.09 back. (I guess that
shows how often I used my pass!)
But another cast member was
summoned, who gave me substantially more back as my pass was
only a few months old. (I had bought it in June.) Remember,
your refund should be based on how long you had your pass,
not how many times you used it.
Also, be prepared to
surrender the pass. I wasn't allowed to keep mine just for
the souvenir value of it. There are a lot of good memories
wrapped up in that little piece of paperboard, but it was a
bit cathartic to let it go.
And Disney can't take the
memories out of my head!
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Disney pulls
'Montana' diabetes episode
United Press International - An episode of "Hannah Montana,"
featuring a story line about a teen diagnosed with diabetes,
won't air as planned, a representative for the U.S. show
said.
The New York Daily News said the
Disney Channel decided to yank the episode, which is about
Hannah's friend Oliver learning he has the disease, because of
criticism from parents who previewed the show in an on-demand
version. Miley Cyrus plays Hannah and Mitchell Musso plays
Oliver.
"During the scriptwriting stage
of the 'Hannah Montana' episode in question (entitled 'No Sugar,
Sugar'), the matter of depicting a character with diabetes was
reviewed by our Standards and Practices executives who consulted
with medical experts to inform the story and ensure that it was
told responsibly," the Daily News quoted a spokeswoman as saying
Monday. "Notwithstanding the measures we took, and based on the
episode's preview and early feedback from parents (who saw it on
demand and/or mobile platforms,) we removed the episode from
Sunday's schedule and are now re-evaluating it." |
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Pirate and Princess Parties Return at Magic Kingdom
Disney News - Pirate and Princess Parties Return at Magic
Kingdom for 15 nights between February 20th and June 3rd, 2009
Tickets go on sale this Friday, November 7.
Below are the scheduled dates:
February 20, 27
March 8, 12, 20, 27
April 1, 22
May 1, 8, 15, 20, 25, 30
June 3
Advance Price:
Adult $43.95 - Day of Event: Adult $47.95
Advance Price: Child $37.95 - Day of Event: Child $41.95 |
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World Theme Parks Market to Reach $28.7 Billion by 2012
FTN News - As the market recovers poise in the upcoming years,
growing popularity of mass entertainment, and the tendency of
families to spend a large portion of their discretionary free
time on outdoor fun will continue to drive growth.
With governments in developing
countries focusing on promoting tourism and entertainment, the
upcoming years are expected to witness growth in attendance and
per capita spending on theme parks in countries such as Korea,
Taiwan, Hong Kong, India and China. Growth in attendance is also
expected to stem from entertainment-related technology
development and sophistication, which help offer visitors
cutting-edge amusement, and fun.
Future growth will stand
enthused by the numerous advancements made in entertainment
technologies such as real life simulations, virtual reality, and
high quality visual imagery, among others. Examples of
innovative simulations include intergalactic space races,
runaway sports cars in the Italian Alps, river rafting in New
Zealand, and aquariums with acrylic tunnel concepts involving
underwater rides with a scuba diver's view. While the United
States dominates the world theme parks market, Asia-Pacific is
expected to drive future growth, followed by Eastern Europe, and
Middle East. Rationale for growth in the developing countries is
the anticipated rise in tourism, and a parallel rise in the
number of foreign tourists visiting these destinations. Other
factors expected to impact the market include spike in aging
population, persistent park modernization and continuous
improvements in facilities, and services provided. Player-knit
strategies, which are designed to magnetize visitors, and
increase repeat visitations, include providing clear and green
parks, and easy online ticketing, among others. The concept of
indoor theme parks combined with retail shopping centers is
expected to help the market score huge gains in the upcoming
years. Examples of this type of theme parks include Mall of
America located in Minneapolis USA, Lotte World in South Korea,
and West Edmonton Mall in Canada.
As stated by the recent report
published by Global Industry Analysts, Inc., world theme parks
market is dominated by the United States with a share of over
50% estimated in the year 2008. Emerging markets of
Asia-Pacific, and Middle East/Africa are expected to offer the
highest potential for growth. Theme parks market in Latin
America is expected to rise by US$53.2 million between the
period 2008 to 2012. In Europe, Germany, France and United
Kingdom, together, collar close to 62% of the market. Revenues
in the Russian theme parks market are projected to reach
US$154.4 million by the year 2015.
Leading theme parks worldwide
include The Adventuredome, Blackpool Pleasure Beach, Busch
Gardens Europe, Cedar Fair L.P., Disneyland, Disneyland Paris,
Disney-MGM Studios Theme Park, Disney's Animal Kingdom, Samsung
Everland Inc, Islands of Adventure, Lotte World, Magic Kingdom,
Six Flags Inc, Tokyo Disneyland, Tokyo Disneysea, Universal
Studios, Universal Studios Hollywood, and Yokohama Hakkeijima
Sea Paradise, among others.
The report, titled "Theme Parks:
A Global Strategic Business Report" published by Global Industry
Analysts, Inc., provides a comprehensive review of the market
trends, drivers, issues, and challenges. Richly annotated with
authoritative, and unbiased commentaries, and hard-to-find
statistical facts, the report provides unequivocal views on
future potential while throwing light on the prevailing climate
in key regional markets. Latent revenue generating potential of
theme parks is quantified across major geographic market
verticals including the United States, Canada, Japan, France,
Germany, United Kingdom, Italy, Spain, Russia, Asia-Pacific,
Middle East/Africa and Latin America. Also provided in the
report is an enumeration of recent mergers, acquisitions, and
other strategic industry activities.
For more details about this
research report, please visit http://www.strategyr.com/Theme_Parks_Market_Report.asp.
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The Disney
College Program
West Georgian
- Where can students get work experience, a paid internship, and
inexpensive rent at Disney World or Disney Land? Try the Disney
College Program.
The Disney College program is an opportunity for college
students to get an education while working at the same time.
Full time or part time college students can apply anytime during
the school year. There are two semesters, fall and spring, with
additional fall and spring quarters.
Once accepted into the program, students arrive at Disney World
or Disney Land, depending on what they chose. The students are
then given jobs such as working attractions, a hostess,
character attendant, custodial, food and service,
transportation, and vacation planning.
The jobs may seem unentertaining but according to Jenny Caruso,
a former student at the Disney College program and advisor at
the commuter lounge in the University commuter Center, "The jobs
are fun. Everyone is happy. It's Disney World."
Though the program is based on work experience, students are
able to take classes. The Disney College program offers a few
core classes that students can take online. However, Disney does
not require students to take classes while they attend the
program.
Some benefits of being at the Disney College Program, are that
students are paid weekly and receive 35 to 50 hours per week.
The pay ranges from $7.21-$8.56, depending on what job the
student takes.
Student housing is also provided in the program at low cost
usually ranging from $75-90 a month.
There is always transportation that will get the students to and
from their destination. Students will gain experience by working
with people from all over the world such as Puerto Rico,
Germany, and Brazil. On occasion, the students get to meet
Disney executives that attend the park.
After a student completes The Disney Channel Program, they can
reapply to get an internship in the field of their major. For
example, a biology major, who wants a career as a veterinarian,
can work closely at the animal kingdom. Marketing majors can
work closely in the marketing department.
Once a student gets an internship in a professional field, they
receive higher pay.
Working for Disney has additional recreational benefits. The
students receive additional guest passes for family members and
are able to participate in holiday events.
The Disney College Program looks great on resumes.
Jenny Caruso stated, "Jobs will be more willing to hire you if
you participated in The Disney College Program. Disney is a well
known company that has been known to be a great experience for
any person in any field."
Anyone interested in the Disney College Program can go to
www.disneycollegeprogram.com. |
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Disney
Animation Moves Toward U.K. on-Demand
Animation Insider - To make a sweeping statement that intimates
the phenomenal success of digital television has become
increasingly on the mark for television territories where
video-on-demand has become less a luxury and more of a genuine,
everyday preference for global audiences. Such is the case of
course, not only in North America, where leading children's
entertainment networks are constantly grabbing at opportunities
to project content onto multiple viewing platforms; but such is
also the case in international markets, where television
networks and animation broadcasters are similarly exposing
quality cartoon content to pay-as-you-go audiences.
BT Vision, a British broadband and digital television
subscription service, has recently come to into a multi-year
agreement with Disney Channel UK under which BT Vision
subscribers will now have the option to pursuer a variety of
Disney-produced or Disney-distributed content. Effective just
recently, the agreement makes available a plethora of quality
television animation and children's entertainment, making the
on-demand market quite a bit livelier
"BT Vision's offer opens up a whole new potential audience for
Disney Channel and we're delighted to be working with them,"
Michael Cairns, the General Manager of Disney Channels UK and
Ireland, commented.
"Our mission is to use new technologies to offer choice and
flexibility in accessing our content."
According to The Guardian, viewers will be able to watch shows
pay-per-view or as part of BT Vision's Kids Pack subscription
for £6 per month. Programming available now includes content
often broadcast on Disney Channel and Playhouse Disney
programming; such as: Phineas and Ferb, Mickey Mouse Clubhouse,
My Friends Tigger & Pooh, and popular live-action titles, such
as global phenomenon Hannah Montana and That's So Raven.
Disney Channel has reportedly increased its audience delivery by
more than one-fifth over the course of the past calendar year
(20.5%). This latest deal with BT Vision, naturally, is looking
to expand Disney's territory for preschool and other teen
programming across international borders. The Playhouse Disney
channel similarly reveled in a 40% year-to-year growth this past
January 2008, with UK audiences, according to reports.
Additional television animation that BT Vision has available
include Disney's American Dragon: Jake Long, Nickelodeon's hit
action-fantasy Avatar: the Last Airbender, and El Tigre: The
Adventures of Manny Rivera.
on BT Vision: With BT Vision, consumers pay for the shows, sport
and movies they want, instead of the channels they don’t.
Packaged deals include a free V-box TV recorder, no compulsory
monthly TV subscription, and Individual Pack deals that give
television viewers unlimited viewing of just the shows
categorized programming, whether that be film, television, kids,
music or sport. |
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'Monday
Night Football' tops TV cable ratings
AP - Rankings for the top 15 programs on cable networks as
compiled by Nielsen Media Research for the week of Oct. 27-Nov.
2. Day and start time (EDT) are in parentheses:
1. NFL Football: Indianapolis
vs. Tennessee (Monday, 8:30 p.m.), ESPN, 8.41 million homes,
11.6 million viewers.
2. "Hannah Montana" (Sunday,
8 p.m.), Disney, 3.91 million homes, 5.53 million viewers.
3. "The O'Reilly Factor"
(Thursday, 8 p.m.), Fox News Channel, 3.59 million homes, 4.7
million viewers.
4. "The O'Reilly Factor"
(Tuesday, 8 p.m.), Fox News Channel, 3.44 million homes, 4.41
million viewers.
5. "SpongeBob SquarePants"
(Saturday, 12 p.m.), Nickelodeon, 3.31 million homes, 4.4
million viewers.
6. "The O'Reilly Factor"
(Wednesday, 8 p.m.), Fox News Channel, 3.27 million homes, 4.38
million viewers.
7. "SpongeBob SquarePants"
(Saturday, 9:30 a.m.), Nickelodeon, 3.13 million homes, 3.93
million viewers.
8. "SpongeBob SquarePants"
(Saturday, 12:30 p.m.), Nickelodeon, 3.11 million homes, 4.24
million viewers.
9. "SpongeBob SquarePants"
(Saturday, 11:30 a.m.), Nickelodeon, 3.1 million homes, 4.28
million viewers.
10. "Hannity & Colmes"
(Thursday, 9 p.m.), Fox News Channel, 3.09 million homes, 4
million viewers.
11. "SpongeBob SquarePants"
(Sunday, 9:30 a.m.), Nickelodeon, 3.05 million homes, 3.91
million viewers.
12. "Army Wives" (Sunday, 10
p.m.), Lifetime, 3.01 million homes, 3.94 million viewers.
13. "SpongeBob SquarePants"
(Sunday, 9 a.m.), Nickelodeon, 2.986 million homes, 3.85 million
viewers.
14. "Hannity & Colmes" (Tuesday,
9 p.m.), Fox News Channel, 2.980 million homes, 3.97 million
viewers.
15. "The O'Reilly Factor"
(Monday, 8 p.m.), Fox News Channel, 2.97 million homes, 3.82
million viewers.
ESPN and The Disney Channel are
owned by the Walt Disney Co. Fox News Channel is owned by News
Corp. Nickelodeon is owned by Viacom Inc. Lifetime is a joint
venture between the Hearst Corp. and the Walt Disney Co. |
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Former
Animation Professor Dies from Leukemia
BYU Newsnet - John Ahern, animator for Walt Disney and Hanna-Barbera,
died Wednesday, Oct. 29, after a long battle with leukemia. His
funeral was Monday.
Ahern taught at BYU for a year,
after retiring from nearly 50 years working in an illustrious
animation career.
Kelly Loosli, director of
curriculum for the animation program at BYU, said Ahern was an
amazing person. He said while John taught here he gave students
the perspective that an animation career is possible.
"Students liked him so much
because John liked to reminisce," Loosli said. "His stories were
absolutely fantastic." He said Ahern personally knew Walt Disney
and animation directors William Hanna and Joseph Barbera, who
started the animation studio Hanna-Barbera.
"Students loved those things,"
Loosli said, of the stories Ahern told. "John wasn't a
name-dropper, he just talked about these people like he was
talking about his neighbor. He knew all these people that, for
many of us, are our idols."
He started at The Walt Disney
Company in 1955. There he worked on classics such as "Lady and
the Tramp," "Sleeping Beauty," "101 Dalmatians," "The Jungle
Book," "The Sword in the Stone" and "The AristoCats." He also
helped with designs for Walt Disney's first theme park,
Disneyland.
Ahern also worked at Hanna-Barbera,
where he headed production aspects of 14 different television
shows including "The Flintstones," "Scooby Doo" and "Tom and
Jerry."
In his memorable career he
earned many awards, including an Emmy for the production of
"Muppet Babies."
Grenade Curran, Ahern's cousin,
started working with him at The Walt Disney Company on live
action films. He said to have Ahern come to teach animation
classes at BYU was really something.
"John recognized good drawing
and talent in people," Curran said. "That's why he did so well
with the students, always emphasizing to any 'learn to draw.' If
you want to go into the art field, learn to draw."
Curran said one of Ahern's
greatest traits was his tremendous sense of humor and ability to
recognize comedy situations in everyday life, which helped with
his career.
"A lot of artists going into a
field can be a tremendous artist with no personality," Curran
said. "John was able to have creative design and understand
humor. This helped him design characters such as Templeton the
Rat in 'Charlotte's Web' and the dog on 'Scooby Doo.'"
In a recently published article
in The Daily Universe, Ahern was interviewed about the success
of the animation program at BYU.
"They're doing some interesting
things, and I think it's on the verge of doing very well," Ahern
said. "When they get through, I think BYU will be the number one
animation school in the world."
Curran said many of the awards
BYU has won are because of things Ahern instituted while
teaching at BYU.
Loosli explained that when Ahern
was in the hospital, he was tired of talking about cancer and
just wanted to talk about animation. So Loosli asked animation
students to produce some artwork as a get-well present for
Ahern. Loosli delivered the stack of drawings and said Ahern was
really excited to receive them and talk about animation.
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Tuesday
November 4, 2008 |
Earnings
Preview: Disney to post 4Q earnings
Disney's Pixie
Dust Won't Boost Earnings
Adventurers Club-bers to belly up for another Kungaloosh
Saturday
The
Secret life of ... Disney star Selena Gomez
Economy stalls
Disney bowling center
Disney Fairies: Pixie
Hollow
Disney looks to popular brands for holiday toys
Disney should never buy EA
Golfer Ames
looks for more Disney magic
US pears get Disney treatment
Kingfisher Airlines ties up with Disney Publishing
Bectu and Disney Theatrical Productions reach three-year pay
deal |
|
Earnings
Preview: Disney to post 4Q earnings
AP - The Walt Disney Co., the family entertainment company that
owns ABC, ESPN and several theme parks, reports its
fourth-quarter earnings Thursday. The following is a summary of
key developments and analysts' opinion related to the period.
OVERVIEW: Economic headwinds are expected to hurt revenue
across Disney's businesses, from its theme parks and consumer
products divisions to advertising revenue garnered at its
television networks.
Disney is contemplating
companywide job cuts and asking executives to recommend cuts in
case the economy deteriorates further, according to a report in
the Los Angeles Times.
BY THE NUMBERS: Analysts, on
average, expect Disney to post 17 percent growth in earnings to
49 cents per share, on revenue up 5 percent to $9.3 billion,
according to a survey by Thomson Reuters.
ANALYST TAKE: Reduced profits at
ABC, the broadcast network, led by revenue declines and higher
programming costs, will affect Disney in the fourth quarter,
said Morgan Stanley analyst Benjamin Swinburne.
Visitation to Orlando, Fla.,
home of Walt Disney World, fell in June and August, suggesting
attendance at the theme park was down, he said.
Swinburne estimated Disney would
post adjusted earnings of 48 cents per share on $8.9 billion in
revenue.
WHAT'S AHEAD: A couple of
Disney's fall releases have done well at the box office,
including "High School Musical 3: Senior Year" and "Beverly
Hills Chihuahua." Released straight to DVD, "Tinker Bell" also
has sold well. The 3-D movie "Bolt" is due out Nov. 21.
With studios only making up
about one-fifth of the company's revenue, its focus going
forward is on the continuing effects of an advertising slump and
the pullback in consumer spending.
STOCK PERFORMANCE: Disney shares
fell 1.6 percent over the quarter, from $31.20 on June 30 to
$30.69 on Sept. 30.
Disney shares have traded at a
premium to its entertainment peers because of its high-quality
television assets, including ESPN and the Disney channel, and
its lesser exposure to the ad slowdown because it owns fewer
local TV stations, Swinburne said. |
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Disney's Pixie
Dust Won't Boost Earnings
Forbes - Fairies are cool again. At least that's what executives
at Disney are hoping. In October, the entertainment giant
launched virtual world Pixie Hollow, Tinker Bell--the first of
four direct to DVD movies--and a Nintendo DS game.
Disney is stirring up all this
fairy dust to expand its existing Disney Fairies consumer
products line, which launched in September 2005, into a brand to
rival its $4 billion Princess franchise. Disney is also hoping
that its Princess customers, girls ages 3 to 5, will graduate to
Fairies, which targets girls 6 to 9.
Scoring $800 million in retail
sales in 2007, Fairies is already off to a good start, and the
current multimedia push may be just what the property needs:
First-day sales of the Tinker Bell DVD totaled 668,000 copies.
"They'd like [Fairies] to be
their hot thing," says Cowen & Co. analyst Doug Creutz. "It is a
little bit of a crap shoot: You're trying to re-brand and market
something that already exists." Creutz is concerned that Fairies
won't capture the "cultural appeal" of Disney's other properties
but concedes the company has picked a sound strategy.
The Fairy initiative, however,
is not likely to help Disney in fiscal 2008, which ended Sept.
30. The Burbank, Calif.-based company will report fourth-quarter
and year-end earnings on Thursday. The consensus of analysts
polled by Thomson Reuters estimates that Disney will report
fourth-quarter net income of $952 million, or 49 cents per
share, on revenues of $9 billion. For the full year, analysts
expect Disney to report net income of $4.5 billion, or $2.32 per
share, on revenues of $37.7 billion.
Of far bigger concern for Disney
than fairies, says Creutz, is the impact that the downturn in
consumer spending will have on the company's theme park
business. Historically, tight wallets have had a negative impact
on the parks sector, which accounts for almost a quarter of
Disney's revenues. Disney likely will also be hit across its
television networks by the downturn in advertising spending.
Plus, says Creutz, the company will have a difficult time
topping 2008's theatrical line up.
Not even fairy dust can shield
Disney from the impact of the economic crisis in 2009. |
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Adventurers Club-bers to belly up for another Kungaloosh
Saturday
Theme Park Rangers - Just when I finally get that
Adventurers Club song out of my head ("an adverturer's life
is beeeeeeeeeeeeesssssssst!"), along comes more from the
Pleasure Island ejectee. Am told that the Kungaloosh,
signature drink of the club, will be back on the Island this
Saturday (Nov. 8) for a one-night stand at Laffers Cantina.
How this all came about isn't
super-clear, but for us Facebook types there are
a few more details. Basically,
Adventurers Club loyalists plan to gather and mingle in
front of the AC. Many hope that a great turnout would turn
Disney execs heads and somehow miraculously reverse the
decision to close the club.
Well, color me skeptical on
that. And the cynic in me thinks "Well, of course, Disney
would LOVE to sell you a drink." Thank you, sir, may I have
another?But who am I
to extinguish hope? Maybe it's because I'm still waiting for
the return of Mr. Toad's Wild Ride or 20,000 Leagues. But
they didn't have drink specials on their side.
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The
Secret life of ... Disney star Selena Gomez
Los Angeles Times - Selena Gomez doesn't want to talk about
whether or not she's dating Nick Jonas (though she most recently
denied it -- again -- to reporters.) But it's hard to blame the
16-year-old star of Disney Channel's "Wizards of Waverly Place"
for wanting to downplay her personal life when her brand is
booming. She's busy working on a new album for next year and
running her just-unveiled production company, July Moon
Productions. And while she won't be voting in today's
presidential election, Gomez has spent the last half of 2008
encouraging teens to get involved in politics, as the national
spokesperson for the organization Ur Vote Counts.
"We
prepare them for the election as though they were going to vote,
talking to them about issues like national security, the economy
and education," Gomez said. "When I thought about the fact that
I'd be voting in two years I freaked. I wanted to prepare
myself. What's awesome is I can get other kids involved as
well."
During some rare free time,
Gomez talked about being in the limelight, the first time she
got recognized in public, and the one thing she likes to do all
by herself.
Do you read the tabloids?
Recently, I have not. I'm
actually very, very proud of myself. Honestly, the blog sites
and everything -- I'd be on them nonstop. I've gone four weeks
total without looking at them and I'm very proud and very happy.
I was addicted. It was bad.
Do you mind being in the
tabloids?
Regardless how much someone
says, 'I don't believe what they say,' people do. I'm a person,
and I have feelings. I love what I do, and I want to do this the
rest of my life, but I do not want it to run my life.
Unfortunately, sometimes
[celebrities] let the media control their life. I've seen that
happen. It's not fun for me.
What was it like the first time
you got recognized in public?
I actually got recognized for
being on 'The Suite Life of Zack and Cody.' I was 13, and I only
did one episode and had maybe seven lines total, and this little
girl recognized me and I thought it was the weirdest thing. I
remember back then my signature was totally like my full name
and I took my time to write it all out. Now, I can't even
understand what I write when I sign autographs.
After getting that first fat
paycheck, what was your first big splurge?
I spent $200 on a phone. Made me
nauseous. But I really wanted it. It was a present for someone.
What's the best thing about
being a star?
That I'm able to use my voice
for good. That I am able to use my status to my advantage.
Who is your career role model?
Rachel McAdams. I absolutely
look up to her in every way possible because she's made so many
wonderful decisions. I think it's wonderful that she spreads
herself out. You notice that she reinvents herself in every
character that she portrays. You don't see her playing one role
over and over.
What makes you cry?
Thinking about home. I'm from
Texas, and I don't get to go home often. I miss the normality
and also that it's not so populated. I'm from a small town, and
I still love going home and being able to drive at 7 in the
morning and there not be any traffic. And I miss my family.
They're the reason I am the person I am today.
What's the last song that you
downloaded to your iPod?
"You're Not Sorry" by Taylor
Swift.
What was the first movie you
ever saw?
The first movie I remember
seeing was "Alice in Wonderland." That and "The Wizard of Oz"
are the reason I wanted to be actress. Judy Garland was my role
model when I was like 6.
What song do you like to sing in
the shower?
"Cry" by Mandy Moore. I loved "A
Walk to Remember." I had such a huge crush on Shane West. So I
was obsessed and [the soundtrack songs] "Only Hope" and "Cry"
were my jams.
What's your favorite thing to do
all by yourself?
I love oil painting. It's a
bummer I don't get to do it as much as I'd like. I love to paint
when I'm back home.
If you could change one thing
about being famous, what would it be?
That the press wasn't so
important. I think a lot of celebrities would agree with me on
that. Or that they'd focus on all the great things in people's
lives rather than all the unimportant or bad things.
What's the biggest misconception
about you?
Thank goodness, there isn't none
yet. It's good right now, but everyone's telling me, 'Just
wait.' So I'm waiting for my big one. |
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Economy stalls Disney bowling center
Orlando Sentinel - Plans to bring thousands
of bowlers to Disney's Wide World of Sports in 2011 have landed
in the gutter — at least for the time being. Blame the economy.
The private — and still unnamed — company that would build the
100-lane bowling stadium in Osceola County is having trouble
getting financing because of the credit market. The first
tournament in the new bowling complex is not scheduled until
2013, Disney World spokeswoman Jacquee
Polak said.
Back in June, officials lauded the deal. Planned for 100 lanes,
stadium-style seating and a restaurant, the facility was to be
complete in about 18 months. Under terms of the deal, the United
States Bowling Congress was supposed to bring 13 events to
Central Florida beginning in 2011. Each tournament is played
over four to six months. The event, though delayed, is still
expected to be a boon to Osceola hotels and tourist-related
businesses. |
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Disney
Fairies: Pixie Hollow
Variety - Virtual-world spinoffs from popular entertainment
brands can grab millions of eyeballs with minimal effort, which
is why it's so impressive that Disney has put together a rich,
friendly and full-feeling environment for its successful Fairies
franchise. "Pixie Hollow" takes major design cues from its older
sibling "Club Penguin," but raises the formula to robust new
heights with a focus on personalization that successfully
targets young girls who want to go beyond watching Tinkerbell's
world and start living in it.
Given the existing popularity of
the brand, Disney could have easily slapped together low-budget
graphics and a feeble, ad-festooned web interface, put the
"Fairies" label on it and still made megabucks. Instead, the
colorful and engaging "Pixie Hollow" online play space, with its
lush floral fantasy backdrop and sonorous orchestral background
music, puts to shame its much more overtly opportunistic
competition. In a climate where virtual worlds are widely viewed
as another hot brand extension tactic, "Pixie Hollow" can fly on
its own two wings.
Kids first create, customize and
name their fairy avatar from a dizzying array of options, like
hairstyles and colors and a broad swath of fairy-appropriate
fashion choices including leaf skirts and flower-petal tops.
While there are no boy fairies -- this is squarely a girl's
world -- the sheer number of options guarantees that no two
fairies will look alike. Things are already off to an auspicious
start: Disney unveiled the character creation tool solo several
months ago and already has more than 7.5 million user-designed
fairies.
"Pixie Hollow" loosely follows
the "Club Penguin" layout style that distributes minigame spots
across several interconnected areas. Most of the games are
engaging and original, not just old casual games re-skinned with
"Fairies" trappings. Players have to build a spider web to guide
a dewdrop, for instance, or loop together airborne flower petals
to collect them. They're all simple enough for little hands, but
feature gradually increasing difficulty levels for older
players.
Social elements in "Pixie
Hollow" are minimal, thanks to a rigorous filtering system that
prevents kids from cursing or sharing personal information, and
basically encourages them to speak only in pre-approved phrases
such as "Tinker-talents are great!" Kids can add other fairies
they meet in "Pixie Hollow" to a buddy list, but they will
probably do so more for the rewards given for collecting friends
than the minimal opportunities for interpersonal relationships.
Continuing "Pixie Hollow's"
theme of personalization, the prizes for most minigames and
other activities are things like flowers, leaves and seeds that
can be used to create or purchase additional clothing items or
furniture for a fairy's home hollow. Nonpaying users can
traverse the world, chat with other fairies and play games, but
only paying subscribers can participate in the shopping and
crafting. While there's plenty of fun to be had for free, Disney
has reserved the best rewards for those who convince Mom and Dad
to hand over a credit card.
Of course, the currency system
still means that kids will end up repeating the minigames not
necessarily out of sheer enjoyment, but to earn enough pumpkin
seeds to buy that cornsilk bedspread or those pricey saffron
shoes. A recent in-world event to celebrate the release of the "Tinkerbell"
direct-to-DVD movie, for instance, was basically just a way for
players to earn prodigious amounts of dandelion fluff they can
use to craft new items.
Though proportionate to a
player's success at a game, payoffs are generally slim and
earning any of the huge selection of desirables on offer will
take time. While some parents may consider this a lesson in
working for rewards, others may feel skeptical at seeing their
child learning the skills that could one day make them a "World
of Warcraft" addict. |
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Disney
looks to popular brands for holiday toys
Guardian - Walt Disney Co is betting that toys inspired by hit
franchises like "Hannah Montana" and "High School Musical" or
linked to the Internet will drive cash-strapped parents to its
brands during the crucial holiday season.
Disney is going to market this
year with a crop of holiday toys based on its popular brands
at a wide range of prices and with an emphasis on toys that
offer online and offline play.
"Toys that ... are part toy,
part new technology, part interactive hookup -- those are
the things I think that are going to be desirable," Andy
Mooney, chairman of Disney's Consumer Products division,
told Reuters in an interview.
Despite gloomy holiday sales
predictions, Mooney is "pretty optimistic about the holiday
season," believing the toy-buying public will gravitate
toward brands they associate with value.
Disney Consumer Products runs a
$30 billion global licensing business as well as 334 retail
stores, and has partnerships with mass-channel toy retailers
worldwide.
Toy analyst Anita Frazier said
consumers "will be looking for more value -- not necessarily
a lower price but something that can deliver a big 'wow'
factor."
Parents are more likely to work
off a child's "wish list" and to make fewer impulse
purchases this season, making early-season marketing more
important than ever, Frazier said.
For instance, Disney has sold
"huge" volumes of its singing Hannah Montana holiday
collectible doll, and singing "High School Musical" dolls
with karaoke microphones are doing well, said Len Mazzocco,
Disney Consumer Products' creative director for toys.
A line of musical instruments
($79.99) and the Disney Vocal Star Trainer ($99.99) also
draw on the popularity with "tweens" -- children age 9 to 12
-- of its music-themed Disney Channel franchises, High
School Musical, Camp Rock and Hannah Montana.
'OFF THE CHARTS'
Early sales show that parents
"are finding a way to go out for ... the single big-ticket
item," said Mazzocco.
"For the second and third purchase, they are searching for
that price point they are comfortable with."
Among Disney's hottest sellers so far is a new line of toys
based on its Club Penguin virtual world. The toys start at
$5.99 and include a code to unlock special features on the
Web site.
"The sales are off the charts.
It's the biggest launch of a new toy line we've seen so
far," said Chris Heatherly, vice president of technology and
innovation at Disney Consumer Products.
Another hit falls on the
opposite end of the price spectrum: a $249.99 robot based on
the "WALL-E" movie character.
"We've sold every one of these
things we could make," Heatherly said.
Disney has gone big this season
for toys that connect kids to its growing Internet and video
game businesses, hoping that their parents will view them as
a good long-term value.
In Disney UltiMotion games,
selling for $79.99, preschoolers use toys, such as hammers
and wands, to move characters around in video games based on
its Disney Fairies, Sleeping Beauty and Disney Channel
franchises.
Disney Fairies Clickables,
ranging from $5.99 to $29.99, are wearable jewelry with
computer chip sensors that interface with the Pixie Hollow
virtual world, allowing little girls to trade online gifts
for their fairy avatars. The hybrids are Disney's first.
Frazier said Web-connected
toys, such as the Webkinz line, have generated $520 million
in sales at retail during the year ended August 2008.
"These have certainly been very
hot," Frazier said of the category.
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Disney
should never buy EA
BloggingStocks - Here's an idea for you:
Disney (NYSE:
DIS) should consider buying
Electronic Arts (NASDAQ:
ERTS). No, I didn't come up
with the concept. It came from Martin Peers over at
The Wall Street Journal
(subscription required). Although this is an
interesting idea, I can tell you that as a Disney
shareholder, I absolutely disagree with it. In fact, I have
to wonder if any Disney shareholder in their right mind
could possibly be supportive of such an idea.
Buy EA? The author must have
been kidding, right? Honestly, that would be one of the worst
things that CEO Bob Iger could do. I really don't think it would
happen, but then again, I never thought we'd see a hellish
financial implosion based on a crisis of confidence precipitated
by the popping of a housing bubble to end all housing bubbles.
Yep, strange days beget strange
things, and the notion that the Mouse should invest in EA is
perhaps one of the stranger beasts to walk Wall Street. Although
the author does make a case that EA is cheap, I shudder to think
about how Iger would possibly integrate the publisher into his
conglomerate. Disney already has made significant investments in
the video-game industry, and many of the games that the company
releases are based on intellectual properties that have already
been incubated in other parts of the business. Imagine if Disney
had to deal with a larger, more complex pipeline, one that would
obviously contain a lot of properties that could not be used in,
say, the theme parks or by the movie studio. Personally, I think
it would be a distraction to Disney.
And I look at video games, for
the most part, as a way for Disney to extend a franchise via
merchandising. I just can't see shareholders benefiting in the
reverse. Sure, you can start a franchise with a video game and
then make a TV show out of it, but I just don't think Disney
needs to spend a lot of money purchasing a big video-game
company to accomplish such a feat. Besides, I've been wondering
lately if Disney maybe should slow down its video-gaming
ambitions. I like the long-term thesis of gaming, but I think
other areas of the Disney empire might make better use of some
of the capital going to this area.
EA's market cap is about $7.4
billion. You know, I can see why Iger used billions of dollars
of Disney stock to snag Pixar, but EA just wouldn't provide the
same kind of synergy. It would basically amount to a value
investment in the video-game industry. It would essentially mean
that the Mouse would rather change strategies and just buy a
publisher as opposed to support its own publishing endeavors. It
would mean the last few years of gaming investment have been a
colossal waste of time.
Gaming site
Kotaku.com gave a positive spin to
this hypothetical merger, but I think it clearly underestimates
the integration quagmires that would ultimately develop. And
consider the following: Disney spent good money getting together
with Pixar, and the stock has yet to rocket to historical highs
post that transaction. Why on earth would adding EA to the magic
kingdom be good for the stock? Seriously, Disney is, by many
accounts, a decent value. Problem is, it's been a decent value
for a long time. The stock just hasn't gone anywhere for what
seems like an eon. And I'm supposed to believe that a
down-on-its-luck EA is my ticket to equity riches? Again, I
don't think this will ever, ever happen, but I just have to say
that it makes me scared simply thinking about it. |
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Golfer Ames
looks for more Disney magic
Orlando Sentinel - One year ago today,
Stephen Ames produced perhaps the most unexpected win of his
professional career. He had come to the Children's Miracle
Network Classic at Disney not to contend for a title or to fight
for a tour card but simply to figure out the ins and outs of a
new golf swing designed to relieve pain in his back.
He did so much more. A final-round 68 gave him his only victory
of the year, his third win all-time on the PGA Tour and a
fantastic $828,000 paycheck. But more importantly, the title
gave him a renewed sense of self-confidence.
When Ames returns to Disney's Magnolia and Palm courses today,
two days before he starts defending his title, his swing will be
in top form. This year alone he has ridden that new swing to
seven top-10 finishes and a total of $2.26 million in prize
money.
"I guess the only thing that's really eluded it from being a
great year is probably a win," Ames said. "Other than that, it's
been very steady. I'm very happy with my play of every week that
I've gone out and played. That's always what we're trying to
achieve: to be as consistent as we can throughout the year. And
I've done that."
The Orlando area suits Ames well.
His swing coach, Sean Foley, lives here and works here as the
director of instruction at Core Golf Junior Academy. Foley was
available between rounds last year to help Ames fine-tune his
swing.
Ames, 44, also appreciates Central Florida because of the warm
weather. He was born in Trinidad but he now lives in Calgary
with his wife Jodi and their two children, Justin and Ryan.
Alberta's golf courses are already closed for the winter.
"It's always a delight to go back to a golf course or a golf
event that you're the defending champion," Ames said. "I've only
had it three times, so I can imagine how Tiger feels every week
when he plays. For me, it's a delight, obviously, going back to
two golf courses I know very well and obviously to an area,
Orlando, that I know very well."
While other players in the Children's Miracle Network Classic
field -- Lee Janzen, Bob Tway and Chris DiMarco among them --
hope for a strong performance over the weekend to propel
themselves into the top 125 on the money list and earn a tour
card for 2009, Ames has a loftier goal.
He currently ranks 12th in international player standings for a
spot in the 2009 Presidents Cup next October in San Francisco.
The Disney tournament offers a chance for him to work his way up
and onto the team.
"It's something I'm looking forward to," Ames said. "I think we
have a great captain this year, Mr. [Greg] Norman, and then we
have a great vice-captain, Frank Nobilo, two guys that I know
very well and have played a few rounds of golf [with] throughout
my career. And it's in San Francisco [at] a beautiful golf
course."
If he makes the international team, his career will have come
full circle.
From a guy who was just trying to remake his golf swing to
protect his back to a guy who would be a part of one of the
world's most prestigious teams.
The turning point to that transition started largely at Disney. |
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US pears get Disney
treatment
Freshinfo - Pear growers from Oregon and
Washington have teamed up with Disney World to reach out to
families and promote their fruit.
Pear Bureau Northwest has created the Pearville Fair at the
Epcot International Food & Wine Festival, to offer its 1.3
million visitors the chance to learn more about US pears.
Carnival-themed games and educational activities that teach both
parents and children when pears are ripe and dispel common myths
are positioned alongside a walk-through calendar of the pear
season and culinary demonstrations. Visitors have the
opportunity to purchase the pears at a kiosk at the stand.
The six-week event runs from September 26 to November 9.
Kevin Moffitt, president and chief executive Pear Bureau
Northwest, told FPJ: “This is how we are trying to reach
consumers and try to teach them about pears, the many different
varieties and how they can be used.”
Dennis James, director of marketing, added: “There is a natural
synergy between what we are trying to do and Disney, which is
putting more and more focus on health and wellness in society in
general.
“The Pearville Fair is a positive statement that shows our
commitment to getting people aware of something as simple as
fresh fruit and, long-term, those people will remember trying a
pear when it is at its optimum eating experience. This is
fundamentally good business.”
Oregon and Washington together produce 84 per cent of the US
fresh pear crop. |
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Kingfisher Airlines ties up with Disney Publishing
Business Standard - Private air-carrier Kingfisher Airlines
today said it has tied-up with Disney Publishing, a global
publisher of children's magazines and books, to provide
specially-designed in-flight entertainment to children.
Under the tie-up, Disney would
bring on-board its kids program, Little Wings, a company press
release said here.
Kingfisher Airlines has
introduced a slew of activities to keep its young guests
occupied and entertained on-board with a specially designed
in-flight activity magazine, in-flight entertainment and special
Disney give-aways, it said.
Disney Kids, a comprehensive
children's magazine would be made available to Kingfisher
Airlines' young guests, aged between 0-14 years, on all its
scheduled flights, the release said.
"We believe that children are
valuable guests. Keeping that in mind and to ensure that our
young guests have an exciting and enjoyable flight, we have
introduced 'Little Wings' in association with Disney Publishing
on-board to cater exclusively to our young guests," Kingfisher's
Head-Marketing, Vikram Malhotra, said in the release.
The contents for 'Little Wings'
would be developed in-house with support from Disney Academia,
Milan. |
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Bectu and Disney Theatrical Productions reach three-year pay
deal
Stage - Bectu and Disney Theatrical Productions have reached a
three-year pay deal, including a 5% increase on basic rates for
2008/9, commencing from August 19 of this year.
These rates will be increased by
either 4% or by the rate of inflation in 2009/10 and 2010/11,
depending on which is greatest at the time.
Among those to benefit from the
new agreement are the technical staff working at the Lyceum
Theatre’s long-running production of Disney’s The Lion King.
With the exception of resident
technicians who are not covered by the deal, long-awaited
changes to working practices for technical staff will be made,
along with improvements to both their holiday and sick pay
entitlement.
Bectu supervisory official Willy
Donaghy commented: “We are pleased with the new agreement and
look forward to continuing to support staff on the production
during its implementation.”
Work will begin soon on a new
staff handbook and the contracts of staff affected will be
updated in line with the agreement. |
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Monday
November 3, 2008 |
"High
School Musical" repeats atop box office
Stunt Actor Hurt
At Disney Studios
Disney Falls After Merrill Cuts Estimates on Economy
Could EA be a
target for Disney?
NCTC
Locks HDTV Carriage Deal with Disney, ESPN
Disney Employee and Grandfather Among Those Arrested in Huge
Florida Child Porn Bust
Disney's Hall of Presidents prepares for new arrival
Michael Letzig withdraws from Disney Golf Tournament
Southwest Adds Pixie Dust In Deal With Disney
The Mickey Mouse Show to promote Walt Disney in Delhi, Mumbai
Kmart Makes Giving Disney-Themed Gifts Easy this Holiday Season |
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"High
School Musical" repeats atop box office
Reuters - "High School Musical 3: Senior Year" led the North
American box office for a second weekend, while the comedy "Zack
and Miri Make a Porno" opened at No. 2, according to studio
estimates issued on Sunday.
Overall sales were hampered by
Halloween distractions on Friday. "High School Musical 3," for
example, ranked at No. 5 that day, but it rebounded strongly on
Saturday, and Sunday business was expected to remain brisk. In
all, Walt Disney Co's teen-oriented musical earned about $15
million for the three-day period, taking its 10-day haul to
$61.75 million.
Additionally, the latest
installment in the song-and-dance franchise earned $26 million
from No. 1 holds in each of its 26 international markets, Disney
said; its foreign total rose to $85 million.
There will "very likely" be a
sequel, but the format and cast have not been decided yet, said
Mark Zoradi, president of Walt Disney Studios Motion Pictures
Group.
"High School Musical 3," and its
pair of preceding TV movies, made teen idols out of Zac Efron,
Vanessa Hudgens and Ashley Tisdale. The films were directed by
"Dirty Dancing" choreographer Kenny Ortega.
AGGRESSIVE "PORNO"
"Zack and Miri Make a Porno"
followed with $10.7 million, said closely held distributor
Weinstein Co. Other studios, however, said that estimate was at
least $1 million too high.
"There's no question that we're
being a little bit aggressive," said Weinstein Co. distribution
chairman Steve Bunnell, referring to the studio's estimate of
Sunday sales. Final data will be issued on Monday.
Either way, the opening
represented a considerable drop from those of star Seth Rogen's
previous two comedy vehicles, the summer hit "Pineapple Express"
($23.2 million) and last year's "Knocked Up" ($30.7 million).
Rogen and Elizabeth Banks play
cash-strapped roommates who test their platonic friendship by
making a porn movie to pay off their bills. It was directed by
Kevin Smith.
The horror film "Saw V" fell one
place to No. 3 with $10.1 million, taking its 10-day haul to
$45.8 million. The lucrative franchise was released by Lionsgate,
a unit of Lions Gate Entertainment Corp.
"Changeling," the latest Oscar
hopeful from director Clint Eastwood and actress Angelina Jolie,
jumped 16 places to No. 4 with $9.4 million in its first weekend
of wide release,
The fact-based drama set in
1920s Los Angeles played to an audience comprised mostly of
women over 30, said Universal Pictures, a unit of General
Electric Co's NBC Universal Inc. Including its haul from a
limited opening last weekend in nine markets, the total stands
at $10.1 million.
Ever since "Changeling" made its
world premiere at the Cannes Film Festival in May, Oscar buzz
has been circling the picture. Jolie earned plaudits for her
role as a single mother who battles the city's power structure
after her son disappears. The high-profile actress generated
similar awards buzz last year with "A Mighty Heart," but that
film bombed and Oscar voters ignored it.
Eastwood, 78, has been on a
creative roll since 2003. His four films, beginning with that
year's "Mystic River," generated 19 Oscar nominations and seven
wins. He is gearing up to release another film, "Gran Torino,"
on December 17. In addition to directing, he also stars in that
picture, his first acting gig since 2004's "Million Dollar
Baby."
"The Haunting of Molly Hartley,"
a teen horror released to capitalize on Halloween, opened at No.
5 with just $6 million. Haley Bennett stars in the title role as
a schoolgirl bedeviled by strange visions and voices. It was
released by closely held Freestyle Releasing. |
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Stunt Actor Hurt At Disney Studios
WESH - The stunts will resume at Walt Disney World on Monday
following an accident over the weekend.
A motorcycle rider in the
Lights, Motors, Action! Stunt Show was hurt during a performance
Sunday afternoon at Disney's Hollywood Studios.
The show was stopped and
performances canceled for the remainder of the day. |
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Disney Falls After Merrill Cuts Estimates on Economy
Bloomberg - Walt Disney Co., the second-largest U.S. media
company, fell as much as 6.6 percent in New York trading after
Merrill Lynch & Co. said the slowing economy would reduce its
theme park and broadcasting income.
Disney, based in Burbank,
California, dropped $1.68 to $24.23 at 1:34 p.m. in New York
Stock Exchange composite
trading after falling as low as
$24.19. The shares had declined 20 percent this year before
today.
Merrill cut its price target for
Disney shares to $24 from $27 today and lowered its fiscal 2009
earnings estimate to $2.10 a share from $2.40. The average
estimate in a Bloomberg survey of 22 analysts was $2.38 a share.
``The most significant
reductions are in theme parks and broadcasting, which are
exposed to the weakening consumer and softening advertising
market respectively,'' Jessica Reif Cohen, a New York-based
Merrill analyst, said in a note to investors. She maintained her
``underperform'' rating on the shares.
Parks have increased to more
than 30 percent of sales in the past three years from 25 percent
in the year ended September 2004, and are Disney's
second-largest business behind media networks, which include
broadcasting and cable. Broadcasting accounted for 17 percent of
sales last year.
``While significantly more
pessimistic, we still do not see our current estimates as a
worst-case scenario,'' Cohen said. If domestic theme-park visits
fall the 10 percent or more seen in the 1991 recession and in
2002 after the Sept. 11 attacks, earnings per share could drop
to $1.95, she said.
Earnings Report
Disney is scheduled to report
earnings for the fiscal fourth quarter and year ended in
September on Nov. 6. Analysts forecast quarterly profit will
rise to 49 cents a share, excluding some items, from 42 cents a
year earlier. They estimate sales of $9.33 billion, up from
$8.93 billion a year ago.
The new estimates come as
consumer spending fell at a 3.1 percent annual pace in the last
quarter, the Commerce Department said last week. The drop marks
the first decline since 1991 and the biggest since 1980, ending
a record two-decade consumer spending boom. Gross domestic
product shrank at a 0.3 percent annual pace in the latest
quarter, the biggest slump since the third quarter of 2001, the
agency said. |
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Could EA be a target
for Disney?
MCV - With its stock plummeting 17 per cent on the back of its
poor financial results, The Wall Street Journal is predicting
that EA’s falling value could make it a target for acquisition –
and it has fingered Disney as a possible suitor.
EA is current worth around $7.3 billion – down from the $19
billion value it commanded a few years ago
WSJ writes: “Any entertainment company could be interested in EA
given continued growth in video game sales, the potential for
cross-fertilization with TV and film storylines, and
advertisers' interest in buying space in games.
“Disney makes the most sense. EA's biggest assets include its
sports games, such as Madden NFL, which would fit with Disney's
ESPN cable network. Disney also could save at least part of the
roughly $200 million it spends annually developing its own
games.
“Disney could afford it. At June 30, its net debt was $11
billion, roughly 1.2 times Pali Research's estimate of 2008
earnings before interest, tax, depreciation and amortization.
Also, Disney's stock has massively outperformed EA's this year.
At a 40% premium, EA would cost $7.7 billion excluding the cash.
“Disney would be gutsy to step up during the current economic
uncertainty. But it might be better than waiting for better
times and paying top dollar.” |
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NCTC
Locks HDTV Carriage Deal with Disney, ESPN
Broadcast Newsroom - The National Cable
Television Cooperative has reached a
comprehensive carriage deal with The Walt Disney
Co. for a wide range of networks, including six
HDTV channels, officials said Monday.
“NCTC members are launching additional HD
content to meet growing consumer demand, and
this new agreement provides members with an
excellent HD package of top Disney and ESPN
content,” NCTC president and CEO Jeff Abbas said
in a prepared statement. “We are confident
members will see a positive response from
customers as they add these channels to their
expanding HD line-ups.”
Under the multi-year agreement, NCTC members
will have access to major Disney and ESPN
programming, including: ESPNU and ESPNU HD;
ESPN2 HD; ESPNEWS HD, ABC Family HD; Disney
Channel HD; and Toon Disney HD.
“We are very excited to provide these
outstanding networks to the NCTC and their
membership through this agreement,” David
Preschlack, executive vice president for Disney
and ESPN Media Networks, said in a prepared
statement. “From sports to quality family
programming, this agreement provides the best in
television entertainment to the NCTC’s
membership base.”
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Disney Employee and Grandfather Among Those Arrested in Huge
Florida Child Porn Bust
First Coast News - "It goes much further than child
pornography," Polk County Sheriff Grady Judd said. "It is sexual
abuse of children." Operation Protector, a month-long
investigation, uncovered tens of thousands of images of child
porn.
"We are dealing
with 42,000 images of the abuse of children," Judd said.
Some of the
images were of 2-year-olds.
Several of the
accused were taken from the Polk County Sheriff's Office to a
waiting van to be transported to jail.
While walking to
the van, one of the men charged, Justin Hlibechuk, told
reporters he had several DVDs containing child pornography and
that he believes he has a problem.
He said he was
abused as a child and raped by his brother but that it was no
excuse for what he did.
Hlibechuk, 22,
of Lakeland, was charged with 13 counts of possession of child
pornography.
Also facing
charges is Paul Fazio, 68, of Davenport, who worked in a gift
shop at Disney World's Animal Kingdom, Judd said.
Fazio was
charged with 50 counts of possession and one count of promotion
of child pornography.
Also charged:
? Jon Boyd, 39, of Winter Haven, charged with 40 counts of
possession and one count of promotion of child pornography.
? Jason
Copeland, 28, of Lakeland, charged with 50 counts of possession
and one count of promotion of child pornography.
? William Dukes,
54, of Davenport, charged with 50 counts of possession and one
count of promotion of child pornography.
? Edward
Finneran, 63, of Lakeland, charged with 50 counts of possession
of child pornography.
? Calvin Fritch,
49, of Winter Haven, charged with 50 counts of possession and
one count of promotion of child pornography.
? Andrew Hilson,
65, of Davenport, charged with 50 counts of possession of child
pornography.
? Craig
Johnston, 63, of Auburndale, charged with 10 counts of
possession of child pornography.
? John Mihalek,
54, of Lakeland, charged with 50 counts of possession of child
pornography.
? Allan Roth,
77, of Lakeland, charged with 40 counts of possession and one
count of promotion of child pornography.
? Forrest "Clay"
Silas, 48, of Lakeland, charged with two counts of possession
and one count of promotion of child pornography.
? Frank Unum,
66, of Lakeland, charged with 50 counts of possession and one
count of promotion of child pornography.
? James White,
26, of Lakeland, charged with one count of possession and one
count of promotion of child pornography.
Each charge
carries bail of $5,000, deputies say.
"Some of these
men knew each other," a sheriff's office news release states.
"In fact, one of the suspects led detectives to three others.
When detectives
served a search warrant at Jason Copeland's residence, they were
able to obtain probable cause to then serve search warrants at
the residence of John Mihalek and Edward Finneran, who live
together, and Justin Hlibechuk's residence as well."
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Disney's Hall of Presidents prepares for new arrival
Orlando Sentinel - Barack Obama or John McCain -- here's one
more issue for voters to consider: Which one would they rather
listen to at Walt Disney World in the Magic Kingdom's Hall of
Presidents show?
One of them will get to address
visitors each day in the theme park once the animatronic
attraction undergoes a renovation.
To make room for a new, robotic
version of the 44th president of the United States, Disney will
close the 37-year-old Hall of Presidents after today for an
extended refurbishment. The show will stay shuttered for more
than eight months so Disney can update the hall's aging light,
sound, mechanical, projection and show systems, just as the
company has done in recent years with other "classic" Magic
Kingdom attractions such as It's A Small World, Pirates of the
Caribbean and The Haunted Mansion.
"We're about to get a new
president. And so, since we have to shut down the show anyway to
welcome No. 44, we're going to take the opportunity to . . .
refurbish the attractions and the facility and also kind of wave
the magic wand around a little bit," said Pam Fisher, senior
show writer for Walt Disney Imagineering.
Updating a '70s show
First envisioned by Walt Disney
in the early 1960s, the show premiered when the Magic Kingdom
opened Oct. 1, 1971. In an auditorium, visitors view a
10-minute, panoramic film of American history. The film
projects, onto five screens, narrated images of paintings
produced by Disney artists in the styles of American masters,
from John Trumbull to Norman Rockwell. When the film ends and
the screens rise, people see a large stage where life-size,
robotic figures of every U.S. president are grouped, standing or
sitting, for a roll call and a couple of speeches.
The show has always featured a
speech by the Lincoln figure. In the 1990s, Disney began adding
a second speech by the current president. Bill Clinton and
George W. Bush recorded their addresses, and Disney hopes to
entice the next president to do the same.
"We'll do everything in our
power to make it so," Fisher said. "We've been really lucky so
far. It is quite an experience to arrive in the White House and
actually be present when the president records his speech for
the Hall of Presidents."
When the show reopens next year
July 4, a third figure, George Washington, will also be given a
speaking part.
Like many Disney theme-park
attractions dating from the 1950s through the early '70s, the
Hall of Presidents' artwork was created by renowned Disney
artists such as Herb Ryman, Sam McKim and John DeCuir. The 70mm
film projectors will be replaced with digital-video projection
systems, which should give the presentation fresh boldness and
clarity, Fisher said.
All of the presidents' faces
were sculpted by Disney artist Blaine Gibson. But he's 90 years
old and, though he remains involved, he is handing off the job
of sculpting the 44th president to prot�g� Valerie Edwards.
Better view of presidents
The attraction's technology
upgrades should improve the view of Gibson's (and Edwards') work
as well. As the narrator introduces each president, a spotlight
shines briefly on that figure, which waves or nods. But the
presidents are randomly arranged, the introductions pass
quickly, and the spotlights flit about, so some viewers have a
hard time following the progression. With LED lighting,
21st-century controls and a longer spotlight for each president,
it should become easier for the audience to tell John Tyler from
James K. Polk.
"That is my No. 1 dream and hope
of the show: to make the introduction of the presidents easier
to follow," Fisher said. "We think that's really the highlight
of the show." |
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Michael Letzig withdraws from Disney Golf Tournament
Rotoworld - Michael Letzig withdrew on Monday from the
Children's Miracle Network Classic presented by Wal-Mart.
Letzig held the third round lead last week at the Ginn, but he
was unable to card a birdie in his final round and finished in
tie for second place. He currently is in 89th place on the PGA
Tour's Money List. |
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Southwest Adds Pixie Dust In Deal With Disney
Tampa Bay Online - Airlines have been seeking new sources fuel
to cut costs for some time, but leave it to fun-loving Southwest
Airlines to test the power of pixie dust.
Tinker Bell One, a specially
decorated Boeing 737, was scheduled Friday to start flights to
Tampa International Airport and other airports during the next
month and beyond.
Flight attendants will wear
wings a la Tinker Bell and award prizes to passengers who can
answer trivia questions about Disney's classic character from
the animated film "Peter Pan."
While it's not really about
powering airliners, the collaboration between Southwest and Walt
Disney Co. is designed to promote the "Tinker Bell" DVD released
Monday by Disney. U.S. and Canadian Disney fans bought 668,000
copies of the computer-animated film on its first day of
release, about 22 percent above projections, The New York Times
reported.
Sales at many Target stores were
double the forecast, and the movie easily moved 1 million copies
by Wednesday, The New York Times said.
The DVD release is a Disney
effort to push its "Fairies" business into a franchise similar
to its "Princesses" franchise built around Snow White and
Cinderella videos and merchandise.
A surge in Disney merchandising
based on the "Tinker Bell" DVD release is in the works.
As for Southwest, spokeswoman
Ashley Rogers said Tinker Bell is not permanent livery on the
aircraft, which will be assigned various routes throughout the
system.
Southwest already paints some of
its planes to commemorate various states and have three with
Shamu the whale's image because Southwest is SeaWorld's official
airline. But the Tinker Bell decor was applied with decals,
Rogers said. |
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The Mickey Mouse Show to promote Walt Disney in Delhi, Mumbai
Domain-b - In an innovative promotion for The Walt Disney
Company, its endearing characters are in India to celebrate the
festive season with their fans at a special live event titled,
'The Mickey Mouse Show' to be held in New Delhi and Mumbai, from
November.
Mickey and friends will present
their first live show in their new Indian avatar. One can book
tickets at: http://www.bookmyshow.com/disney. There are nine
shows (3 shows per day) in Delhi at Siri Fort Auditorium from 4
to 6 November. The show will then come to Mumbai in the later
part of November.
Mickey Mouse and Minnie Mouse
made their first appearance in traditional Indian attire at the
Taj Mahal in Agra yesterday.
The world's favorite family
entertainer performs live for Indian audiences with his friends
Donald Duck, Goofy, Pluto and his sweetheart Minnie Mouse to
fill the auditorium with music, laughter and his fun-filled
verve.
Mahesh Samat, country head, Walt
Disney Company (India) said, ''We continue to build relevance
and reach in the country through our loved characters and
stories in our vision to build a family entertainment company in
India. We are happy to celebrate this festival season with a
special treat for Disney fans - The Mickey Mouse show, live on
stage.''
The Walt Disney Company,
together with its subsidiaries and affiliates, is a diversified,
international family entertainment and media enterprise which
includes Walt Disney Parks and Resorts, The Walt Disney Studios,
ABC, Inc., ESPN, Disney Channel, Disney XD, Disney Consumer
Products, television and radio stations and Internet web sites.
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Kmart Makes Giving Disney-Themed Gifts Easy this Holiday Season
MarketWatch - Kmart has ramped up its
selection of Disney-inspired items for the holidays to delight
gift givers and gift getters of all ages. The extensive
selection at Kmart makes shopping for the season's hottest
Disney products easy, convenient and fun.
With more than 10,000
Disney-inspired items available throughout Kmart stores and
several thousands on kmart.com/disney, moms, grandparents and
siblings alike will be able to find the gifts kids want most,
featuring favorite Disney characters like Winnie the Pooh,
Disney Princess, Disney Fairies, and characters from the
Disney-Pixar film Cars, as well as products inspired by Disney
Channel hits Hannah Montana(TM) and High School Musical.
Kmart offers many sought-after
Disney products, including the Handy Manny Fix-It-Right
Transforming Tool Truck which has been singled out as a top pick
in TimeToPlayMag.com's "Editor's Picks," and the Toy Insider's
"Hot 20," as well as High School Musical 3: Senior Year Singing
Dolls and the stunning Hannah Montana Holiday Doll. Several
Disney products are combined with exclusive Kmart promotional
offers throughout the holiday season. Recent offers found only
at Kmart included:
- Free Sleeping Beauty Teapot
Play Set ($14.99 value) when customers buy Walt Disney's
Sleeping Beauty DVD or Blu-Ray and Mattel Magic Fairy Lights
Sleeping Beauty Doll ($14.99 value; while supplies last).
- First-ever Disney Pixar
Cars-themed collector event - perfect for young kids starting
their very own collection.
- Save $10 instantly when
customers buy Tinker Bell Disney on DVD ($19.99) or Blu-ray and
Tinker Bell 15" doll (sale price $12.99). Many more Disney
products and offers across multiple Disney characters will be
featured in the Nov. 2 Kmart circular.
"The 2008 suite of Disney
products are a great way to celebrate the holidays and we are
proud to offer these products to our value-conscious customers,"
said Kmart CMO, Mark Snyder. "Kmart is the convenient place for
an extensive selection of Disney items at affordable prices for
every shopper and can be found in all sections of the store from
Toys, Kids Apparel, Home, Electronics and more." Kmart has
created a Disney shop at www.Kmart.com that showcases a breadth
of Disney products inspired by the Disney characters kids and
families want most. Kmart and Kmart.com shoppers can browse at
their local Kmart store or online at
www.Kmart.com/disney
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