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Posts Tagged ‘Disney’

Disney Buys Lucasfilm, Will Probably Ruin Star Wars Even More

This isn’t really New York centric, but it’s definitely big news. Disney has agreed to buy Lucasfilm — and the entire Star Wars franchise — for $4.05 billion in stock and cash. Half of the payment will be in cash, and 40 million shares will be distributed at closing.

“For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next,” said George Lucas, CEO of Lucasfilm, in a statement. “It’s now time for me to pass Star Wars on to a new generation of filmmakers. I’ve always believed that Star Wars could live beyond me, and I thought it was important to set up the transition during my lifetime.”

If the acquisition wasn’t big enough news for you, Disney also announced plans to release more Star Wars movies, starting with Star Wars Episode 7, in 2015.

Should you find yourself upset that Disney bought the beloved Star Wars franchise and is adding more movies to it, remember that Lucas already ruined everything with Jar Jar Binks. It can’t get any worse than that.

News Corp. Falls Out of Top 25 Media Earners List

According to a new study from SNL Kagan, News Corporation’s bottom line dropped so far in the second quarter that it’s no longer one of the top 25 media company earners. The company reported a net loss of $1.5 billion during 2Q, compared with a $683 million profit during 2Q of 2011.

In News Corp.’s number two spot is Reuters, with $935 million net profits. Disney once again topped all media companies, pulling in $2 billion.

The full list is available here.

Disney Extends Worldwide Oscar Rights to 2020

The Oscars will remain under the Disney umbrella through 2020 after a new agreement was reached on Friday with the Motion Picture Academy.

The new deal ensures Disney Media Distribution will continue to own the worldwide distribution rights for another eight years. The current deal was set to expire in 2014. The Oscars is distributed to 225 counties across the world.

Last year, ABC and the Academy reached an agreement for the domestic TV rights of the Oscars through 2020.

Disney Plans To Start Several New Subscription Magazines for Kids

At a moment where it seems like everyone is lamenting the death of print, Disney is taking the opposite tack — it plans to build a children’s subscription magazine business in the U.S.

Such hopeful news! As it turns out, Disney’s magazine business is just thriving in Europe, and so on Tuesday, it plans to announce the introduction of not merely one but several new subscription magazines, the New York Times reports.

The problem is, of course, that unlike European kids, American kids apparently hate reading because they are too busy playing the latest video games, so even glossy magazines and comic books have been floundering (let alone actual books). Nickolodean killed its own kid magazine in 2009 to concentrate on its websites instead.

But Disney remains hopeful, as well as focused on the bottom line in this gamble — Aparna Pande, Disney’s general manager for American magazines, told the Times: “Kids want them, and moms will pay for them.”

Upcoming Disney glossies to look out for include Phineas and Ferb, a print companion to the animated television series of the same name, a monthly Cars magazine starting in the fall, and planned magazines built around Marvel movies like “Thor” and “Captain America.”

Now it’s just up to the kids to read them.

Make Your Dreams Come True as the New Senior Writer for Walt Disney Parks and Resorts

Ready to make some magic? Walt Disney Parks and Resorts is looking for a senior writer for Yellow Shoes, its in-house advertising group based in Glendale. The company is really in search of a creative talent who has a knack for developing clever and compelling concepts. Could it be you?

The ideal candidate will write for all advertising formats, translating creative briefs into engaging copy. You’ll be expected to keep up with current trends, styles and technologies, and be comfortable leading a team on larger projects.

To land the gig, you’ll need at least seven years of agency experience and a writer background. You should be intuitive about consumers and understand how design, layout, typography, cinematography and photography work with copy to create a compelling message. Ready to sell yourself? Apply here.

Thomson Reuters, MTV Make Best Global Brands List

thomson reuters.jpgWe were encouraged to see that a few media brands crept their way onto Interbrand’s list of the 100 Best Global Brands of 2009, out today.

Of course, some of the world’s biggest brands rounded out the top five: Coca-Cola, IBM, Microsoft, General Electric (which owns media brand NBC Universal) and Nokia. Google came in at number seven and Disney ranked tenth.

Global newswire brand Thomson Reuters came in at number 40. Interbrand said the company is in a strong position for future growth:

“Thomson Reuters’ continued investment in the brand and strong portfolio of flagship brands is beginning to pay dividends as the company continues to drive towards becoming one unified firm.”

Online book shopping destination and Kindle creator came in shortly after Thomson Reuters at number 43, MTV ranked 54 and Yahoo! came in at 64.

In its overall assessment of the media industry landscape, Interbrand said new brands will soon take over the cache of more traditional media brands:

“The media sector landscape is being redefined by non-traditional players, and is facing pressure from all sides. Technology companies such as Google, Twitter, and Facebook are entering the content creation and delivery arenas and giving users the power to dictate their means of media formation and consumption, threatening to render the old media brands obsolete.”

After the jump, more of Interbrand’s take on the media industry and the future of its biggest brands.

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Fortune Recognizes Media Mavens On 50 Most Powerful Women List

ann_moore.jpgIt’s no surprise that some media movers and shakers made their way onto Fortune‘s 50 Most Powerful Women List.

Oprah Winfrey, who topped ForbesWoman‘s list of of the most influential women in the media earlier this summer, was the top media leader on Fortune‘s list as well. The Harpo chair ranked sixth after just five other powerful businesswomen including PepsiCo’s Indra Nooyi (number 1) and Avon’s Andrea Jung (number 5).

Other female media and entertainment leaders to make the list include Anne Sweeney of Disney (number 16); MTV Networks‘ chairman and CEO Judy McGrath (number 20); Time Inc. chair and CEO Ann Moore (number 21 — pictured right); Hearst Magazines president Cathie Black (number 46); Bonnie Hammer and Lauren Zalaznick of NBC Universal (numbers 47 and 48, respectively) and Sony Pictures co-chair Amy Pascal (number 49).

“In 1998 when we premiered our list of the Most Powerful Women in Business, just two of our honorees ran Fortune 500 companies. This year, 13 do,” Fortune said in the introduction to the list. “When it comes to milestones, we say, Keep ‘em coming!”

Fortune‘s 50 Most Powerful Women

Related: Oprah Tops ForbesWoman‘s List Of Media’s Most Powerful Women

On The Menu: Disney’s Marvelous Acquisition


The first day of September means big news for the Morning Media Menu podcast. Disney‘s acquisition of Marvel was the talk for the day for hosts Jason Boog of GalleyCat and AgencySpy‘s Matt Van Hoven. They both agreed the deal is a huge get for Disney, which now controls a huge portion of the cartoon/comic book/superhero market.

Also discussed, The Pittsburgh Post-Gazette‘s new paid content Web site, which Matt and Jason agreed might lose the paper some readers unless it can come up with a local angle and provide news that no other media outlet can provide — like a special book about the Superbowl champs.

You can listen to all the past podcasts at and call in at 646-929-0321.

Disney-ABC Adds Three Execs to Digital Media

DeVillier, Laurenss.jpg The good people at Disney sent over this press release, touting their poaching of Karin Timpone and Lauren DeVillier (pictured here) from Yahoo! and Beth Johnson from BRAVO to come work here in L.A.

Congratulations, ladies!

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LAT In 90 Seconds

41737940-21122611.jpgRats! “Film credits from the 1920s revealed imprecision in copyright claims that some experts say could invalidate Disney‘s long-held copyright” of Mickey Mouse.

isdfj;adslkfmages.jpgSandra Tsing Loh Is On Fire: LAT manages to suck the funny from Loh’s book, writing, “Until 2004, Loh was a marginally famous humorist. Then she ‘exploded into flames,’ as she writes on the book’s opening page, transforming herself into the foaming mouthpiece of dissent and outrage over the state of public education in the U.S. Loh was 42 at the time — a working and married mother of two young girls who was on the prowl for a good kindergarten.”

hbsld.jpgHeadline We Weren’t Expecting to See Today: ‘House Bunny’ Could Be Box Office Leader. Oy.