Financial Analysis of Disney

3827 WordsOct 18, 201016 Pages
I. “I only hope we never lose sight of one thing- It was all started by a mouse,” Walt Disney. The Walt Disney Company has grown dramatically since its start in 1923. Its financial statements show that the company is in a great financial situation and looks to be continuing in that direction. II. A) The top management team is made up of John E. Pepper Jr., Robert A. Iger, and Thomas O. Staggs. Pepper, 69, is the chairman of the board while he is also the CEO of the National Railroad Freedom Center. He has also had several positions with Procter & Gamble. Iger, 56, is the president, CEO, and director of Walt Disney Company. He was COO for the company since 2000 and became CEO in October 2005. Iger has been with ABC since 1974 and has…show more content…
He also produced propaganda and training films for the military. The Walt Disney Company had a hard time regaining its pre-war popularity. For several years, the Company released “package” films which contained groups of short cartoons. At this time, he also moved to working with live production with Song of the South and So Dear to My Heart. The studio had three major accomplishments in 1950: the first completely live action film, Treasure Island; the return to classic animation, Cinderella; and the first Disney television show at Christmas time. With this Christmas special, Walt saw the potential in television and started the Disneyland anthology series, which featured Davy Crocket the first mini-series. The series played on all three networks and went through six name changes, but it is the longest running series, twenty-nine years. The Mickey Mouse Club premiered in 1955 and produced many stars. Walt wanted to create something new. He wanted a place where parents and children could have fun together. This was the groundwork for Disneyland. It took many years of planning and construction, but on July 17, 1955, Disneyland opened its gates. This was a new type of experience “It was like entering a movie screen and being able to fly with Peter Pan, explore the wild west with Davy Crocket, and have a wild tea party with the Mad Hatter.” Disneyland has been the inspiration
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