The Walt Disney Company: a Financial and Organizational Analysis

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The Walt Disney Company: A Financial and Organizational Analysis Authors: Cliff Anderson, John Morris, Jacob Lawrentz, And Donna Munsey Financial Environments of Organizations, MOL 503, MMOL 1-11 Professor: Kari Day Warner Pacific College September 10th, 2009 The Walt Disney Company: A Financial and Organizational Analysis The Organizational History of Disney Before WWII In 1939, the Valley Progress newspaper (History, p. 3) announced that San Fernando Valley in southern California would become the home of a million dollar, 51-acre lot called Walt Disney Studios. The then-current residence of Disney was established in 1925 in Los Angeles, and consisted of a single large room of 25 artists. Walt Disney (and his…show more content…
19). Since 2005, the CEO baton was passed along for the 6th time to the company’s COO since 2000, Robert Iger. Iger has a long history within the larger framework of Disney’s enterprises, namely through ABC studio and cable network channels (Management 2009). Iger – as CEO of Disney – has focused on reconciling problematic dissension among the board of directors, especially the current Roy Disney, who, at one time, campaigned against Disney itself. Since then, the company has restructured certain key areas in management to regain investor confidence and internal affairs. Most recently, Disney announced its fiscal year and fourth quarter financial results via webcast (Corporate 2009). Segments and Subsidiaries The Walt Disney Company and its subsidiaries is a diversified worldwide entertainment company with operations in four business segments: Media Networks, Studio Entertainment, Parks and Resorts, and Consumer Products. Media Networks The Walt Disney Company is the second largest media conglomerate in the world, behind Time Warner. Its cable, satellite and international broadcast operations are principally involved in the distribution of television programming, the licensing of programming to domestic and international
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