Corporate Brand 

The Walt Disney announces leadership changes

Reading Time: < 1 minute Post Views: 1,539 The Walt Disney Company announced reorganisational changes for the Asia Pacific and Middle East region, according to reports. Uday Shankar would lead the Asia Pacific business for the Disney-Fox merger. Sanjay Gupta will be the Country Manager of India and will have responsibility for the studio business, while K Madhavan will lead Star India’s regional language media networks, says report. “It is a momentous opportunity to be able to chart the course of The Walt Disney Co. in Asia Pacific and Middle East, said Uday Shankar, chairman, Star…

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People 

Disney appoints Mahesh Samat as Asia Pacific Head of consumer products

Reading Time: < 1 minute Post Views: 2,581 The Walt Disney Company announced the appointment of Mahesh Samat, Executive Vice President, Disney Consumer Products Commercialization for the Asia Pacific region. Reporting into Ken Potrock, President, Disney Consumer Products Commercialization, Mahesh takes on responsibility for the commercialization of Disney franchises across merchandise, publishing and licensed games throughout India, Southeast Asia, Greater China, Korea, Japan, Australia, and New Zealand. “The Asia Pacific region continues to provide an immense opportunity for Disney products and experiences,” said Potrock. “I am confident that Mahesh’s proven leadership and steadfast focus on…

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Corporate Brand 

The Walt Disney Company restructures executive team

Reading Time: < 1 minute Post Views: 2,105 As a part of its pending acquisition of 21st Century Fox, The Walt Disney Company has made key organizational changes to its Media Networks divisions. Peter Rice will become the chairman of Walt Disney Television and co-chair of Disney Media Networks. The new group under Rice will include ABC Television Network, ABC Studios, the ABC Owned Television Stations Group, Disney Channels, Freeform, Twentieth Century Fox Television, FX Networks, and FX Productions, Fox 21 Television Studios and the National Geographic channels. Dana Walden will take on the position…

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Corporate Brand 

DOJ clears Disney acquisition of 21st Century Fox

Reading Time: 2 minutes Post Views: 2,292 The Walt Disney Company announced that the Antitrust Division of the United States Department of Justice (DOJ) has cleared the pending acquisition by Disney of 21st Century Fox. The DOJ has entered into a consent decree with Disney and 21st Century Fox that allows the acquisition to proceed while requiring the sale of the Fox Sports Regional Networks. Under the consent decree, Disney has at least 90 days from the date of closing the transaction to complete this sale. The DOJ may grant extensions of time up…

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Corporate Brand 

To outflank Comcast’s offer, Disney increases its Fox bid to $71.3 billion

Reading Time: 2 minutes Post Views: 2,130 The Walt Disney Company has officially increased its offer for the purchase of 21st Century Fox, upping its offer to USD 71.3 billion in stock and cash. The new bidding is a drastic increase from the company’s original USD 52.4 billion deal that valued Fox at USD 28 per share. The offer comes days after Comcast submitted a USD 65 billion all-cash rival bid for Fox’s film and television arm. Disney has also moved from its original tactic of an all-stock deal for Fox, owner of assets…

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Movie Licensing 

Walt Disney Company Australia ties up with Football Federation Australia for a set of Star Wars round

Reading Time: 2 minutes Post Views: 5,710   The Walt Disney Company Australia has tied up with Football Federation Australia for the Star Wars Round, a set of Star Wars-branded football matches ahead of the premiere of Star Wars: The Last Jedi in December. The event starting December 8 will take place during Round 10 of the A-League competition and will feature character appearances, big screen content, themed activities, special signage and giveaways. “Star Wars is one of the world’s most powerful brands and football is the world’s biggest sport,” says David Gallop, chief executive, FFA. “Like football, Star Wars has super…

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People 

Walt Disney Company appoints Walt Disney Company as India Country Head

Reading Time: 2 minutes Post Views: 2,556 The Walt Disney Company has appointed Abhishek Maheshwari as the Country Head for India. The appointee who joined Disney in 2012, will be responsible for all of Disney’s businesses and will report to Mahesh Samat, Executive Vice-President and Managing Director, Walt Disney International, South Asia. On the appointment of Maheshwari, Samat said, “Disney brands continue to grow across platforms and consumer segments in India. Abhishek is an astute and transformative business leader. Since joining the company, he has championed and driven strategic changes that have positioned our…

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Brand Licensing Entertainment Licensing Uncategorized 

Walt Disney moves to buy out Disneyland Paris Resort

Reading Time: < 1 minute Post Views: 2,179 The Walt Disney Company has purchased more than 97 per cent of the shares of Euro Disney SCA, the holding company that officially owns the Disneyland Paris Resort. Disney required 95 per cent ownership in order to remove the stock from trading and to implement a mandatory buy-out of the remaining shares in the company. Yesterday, it exceeded that target and announced that it will complete that mandatory buy-out at the same €2 a share price, by June 19th. The park has failed to impress stockholders with decreased profits…

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Character Licensing 

Walt Disney extends tenure of Bob Iger

Reading Time: < 1 minute Post Views: 2,876   The Walt Disney Company’s board of directors has extended Bob Iger’s contract as chairman and chief executive officer till July 2, 2019. He was initially to retire in 2016.  Here, it is interesting to note that in 2014, his tenure was extended by another two years through June 2018. The Disney board has been seeking his successor for two years. “Given Bob Iger’s outstanding leadership, his record of success in a changing media landscape, and his clear strategic vision for Disney’s future, it is obvious that…

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