The Walt Disney Company Essay - 3253 Words

The Walt Disney Company is one that provides a broad spectrum of goods and services, making it extremely unique. The company divides themselves into five main categories: Media Networks, Parks and Resorts, Walt Disney Studios, Consumer Products, and Disney Interactive. These five factions do different things from producing movies to running theme parks. The Walt Disney Company, an oligopoly as few firms exist with the same relevance in society, continues to prosper and have positive revenue in all recent annual reports. While costs of production may be extreme and expensive, The Walt Disney Company brings in major profit continuously. Holding a major share of the market, Disney is a very powerful and very relevant company. The Walt†¦show more content†¦While its founder, Walt Disney, worked towards this company for a large portion of his life, the big day for the start of the company was October 16, 1923, when Mr. Disney signed a contract for the â€Å"Alice Comedies†. (Disney History) While Mickey Mouse is a major figure head for the company, his first appearance was not until November 18, 1928, when he first appeared in Steamboat Willie. Currently, Robert A. Iger is the Chairman and CEO of The Walt Disney Company. In Iger’s time at Disney, he has been a part of the regaining of Pixar as a part of the company in 2006 and signing contract deals with Marvel and Lucasfilm. Mr. Iger was the President and Chief Operating Officer from 2000 to 2005, and then he became the President and CEO in October 2005. Iger has a lot to be proud of. In his biography on The Walt Disney Company’s webpage, a detailed list of the company’s accomplishments in Iger’s time is posted. â€Å"In fiscal 2013, Disney delivered record revenue, net income, and earnings per share for the third year in a row. During Mr. Iger’s tenure, The Walt Disney Company has been recognized as one of the â€Å"Most Reputable Companies† in both America and the world by Forbes magazine (2006-2013); one of â€Å"Americas Most Admired Companies† by Fortune magazine (2009-2013); one of the â€Å"Worlds Most Respected Companies by Barron’s (2009-2013); one of the â€Å"Best Places to Launch a Career† byShow MoreRelatedWalt Disney And The Disney Company Essay1236 Words   |  5 Pages1923 by animator Walt Disney and Roy O. Disney, the Walt Disney Company is an â€Å"American diversified multinational mass media and entertainment conglomerate†; whose media companies include the Disney Channel, ABC, ESPN, and AE. Furthermore, they receive revenue from their various theme parks and resorts located around the world, the sale of merchandise related to their various media projects, and their mergers and acquisitions. Notably with Pixar, Marvel, and LucasFilm Ltd. Walt Disney is currently ledRead MoreWalt Disney Company954 Words   |  4 PagesWalt Disney Company Angela Pursel University of Phoenix COM 530/ Communications for Accountants Brent Smith March 21, 2011 Walt Disney Company Walt Disney is a well-known name in today’s society. Walt Disney once stated, â€Å"You can dream, create, design and build the most wonderful place in the world but it requires people to make the dream a reality† (Sparks, 2007). Marty Sklar, Vice Chairman and principal creative executive for Walt Disney Imagineering was quoted as saying, â€Å"FromRead MoreDisney Of The Walt Disney Company753 Words   |  4 Pages As has been noted, Disney World is one of the biggest companies in the world. As long as we have this big company, we may have uncountable numbers. It is a huge brand and it has many fans. Even there are many advantages or disadvantages from having it, they still have their main goal, which is making profits. According to Disney’s corporate website, the mission of the Walt Disney Company is to be one of the world’s famous creators and producers of enjoyment and data. Utilizing our container ofRead MoreThe Walt Disney Company1001 Words   |  5 PagesThe Walt Disney Company Jessica Weber Communications for Accountants / COM/530 September 13, 2010 Deborah Elver, MBA, CPA The Walt Disney Company Walt Disney founded the Walt Disney Company in the late 1920s in order to provide families across America and around the world with quality entertainment for every member in the family. Disney created entertainment for families in several different ways. The first being their television programs, which include animated and live moviesRead MoreThe Walt Disney Company1848 Words   |  8 PagesThe Walt Disney Company (Disney). The third section will examine the similarities and differences found within a comparison of The Walt Disney Company’s financial statements and the financial statements discussed and demonstrated within the course textbook. This section will also contain an in-depth discussion of the financial statements’ dissimilarity and posit rationales for these differences. The fourth section will discuss debt load as an area of concern for potential investors in The Walt DisneyRead MoreWalt Disney Company1730 Words   |  7 PagesThe Walt Disney Company is a diversified international family entertainment and media enterprise business. They have five business segments which are media network, parks and resorts, studio entertainment, consumer products and interactive media. Disney Media Network consists of broadcast, cable, radio, publishing and digital businesses within the Disney/ABC Television Group and ESPN, Inc. Walt Disney Parks and Resorts is comprised of family oriented parks and resorts all around the world. TheyRead MoreWalt Disney Company1069 Words   |  5 PagesThe Walt Disney Company if there was an authoritarian leader it would affect group communication immensely because the employees need to be creative and because authoritarian leaders â€Å"make decisions, give the orders, and generally control all activities† (Beebe Masterson, 2009, P. 290) this does not allow creative communication. When a leader dictates techniques to a group it does not allow constructive communication, and ideal sharing, and this would not be good for The Walt Disney Company. InRead MoreThe Walt Disney Company1633 Words   |  7 Pagesapplied on the analysis of the ethical issue of the Walt Disney Company. The recommendations we believed that can help t o address the ethical problems are also included in this paper. Background of The Walt Disney Company The Walt Disney Company is a international entertainment and media enterprise. It has established for more than nine decades and developed from a cartoon studio in the 1920s to the global corporation today. The Walt Disney Company is consisted of five business segments which areRead MoreThe Walt Disney Company642 Words   |  3 Pagesentertainment and media, Disney has also been able to remain profitable for so long due to the company’s various strategies used to create value through diversification, expansion, and integration. Throughout Disney’s history, the company was always operated by key businesspeople that had a goal of maintaining the brand and remaining profitable as the largest multinational entertainment conglomerate in the world. Additionally, Walt and Roy Disney set the stage for future leaders of the company to achieve successRead MoreWalt Disney Company.857 Words   |  4 PagesWalt Disney Company is famed for its creativity, strong global brand, and u ncanny ability to take service and experience businesses to higher levels. In the early 1990s, then-CEO Michael Eisner looked to the fast-food industry as a way to draw additional attention to the Disney presence outside of its theme parks - its retail chain was highly successful and growing rapidly. A fast-food restaurant made sense from Eisner’s perspective since Disney’s theme parks had already mastered rapid, high-volume