Welcome to our dedicated page for Walt Disney news (Ticker: DIS), a resource for investors and traders seeking the latest updates and insights on Walt Disney stock.
The Walt Disney Company (DIS) is a global leader in entertainment and media, renowned for its streaming platforms, theme parks, and iconic franchises. This dedicated news hub provides investors and stakeholders with timely updates on corporate developments, financial performance, and strategic initiatives.
Access official press releases alongside curated analysis covering Disney's diversified operations across entertainment networks, sports broadcasting, and consumer experiences. Track key announcements including earnings reports, content partnerships, streaming innovations, and theme park expansions.
Our continuously updated repository serves as your primary source for understanding Disney's market position and operational strategies. Bookmark this page for direct access to critical updates that shape one of the world's most influential media conglomerates.
Seattle Seahawks quarterback Russell Wilson has been honored as one of ‘Earth’s Mightiest Athletes,’ recognizing his exceptional contributions both on and off the field. This initiative celebrates athletes who are champions of positive change. Wilson's efforts include founding the Why Not You Foundation, which fights poverty through education. He will be celebrated at the Sports Humanitarian Awards on July 12, with a special airing on July 24. Wilson has also donated over $9 million in cancer support and launched the Why Not You Academy to empower youth.
Bob Chapek, CEO of The Walt Disney Company (NYSE: DIS), will engage in a virtual Q&A session at the Credit Suisse 23rd Annual Communications Conference on June 14, 2021, at 12:05 p.m. PT / 3:05 p.m. ET.
Interested participants can view the session via webcast at www.disney.com/investors. An archive of the presentation will also be available.
The Walt Disney Company (NYSE: DIS) has elected two new directors: Amy Chang, a tech industry veteran, and Calvin McDonald, CEO of lululemon athletica. Their elections are effective immediately. Robert A. Iger, Executive Chairman, expressed excitement about their joining, citing their deep understanding of technology and consumer experience. Chang's expertise in machine learning and McDonald's experience in retail growth are expected to enhance Disney's strategic direction. Both directors expressed enthusiasm for their new roles and the company’s innovative journey.
Disney has launched the Buy a Book, Give a Book initiative on shopDisney, promoting reading while supporting the nonprofit First Book. For every book sold through December 31, 2021, Disney will donate a book to First Book, which provides educational resources to underserved children. Over the past 20 years, Disney Publishing Worldwide has donated over 82 million books to First Book. This program aims to tackle educational inequity and encourage storytelling among children across the nation.
Bob Chapek, CEO of The Walt Disney Company (NYSE: DIS), will participate in a virtual Q&A session at the J.P. Morgan Global Technology, Media and Communications Conference on May 24, 2021, at 2:00 p.m. PT/5:00 p.m. ET. Investors can tune in to the live webcast by visiting www.disney.com/investors. The session will also be archived for future viewing, providing insights into the company's strategies and performance.
The Walt Disney Company (NYSE: DIS) reported its second fiscal quarter earnings for 2021, with diluted earnings per share (EPS) increasing to $0.50 from $0.26 year-over-year. Excluding specific items, diluted EPS rose 32% to $0.79. However, EPS for the six months decreased 64% to $0.52, impacted by COVID-19. Revenues fell 13% to $15.6 billion, with a significant drop in the Disney Parks segment, down 44% to $3.2 billion. Despite challenges, the Direct-to-Consumer segment saw a 59% revenue increase, showcasing strength in streaming services. Total segment operating income was slightly up at $2.465 billion.
Paul Richardson has been appointed as Senior Executive Vice President and Chief Human Resources Officer of The Walt Disney Company (NYSE: DIS) effective July 1. He succeeds Jayne Parker, who is leaving after 33 years. Richardson, previously Senior VP of Human Resources at ESPN, will oversee Disney's HR strategy, talent acquisition, diversity, and employee development. CEO Bob Chapek praised Richardson's leadership and commitment to enriching the employee experience. Richardson has initiated numerous diversity programs and supported 5,000 employees at ESPN, highlighting his extensive HR background.
The Walt Disney Company has launched the Ultimate Princess Celebration, a yearlong event celebrating Disney heroines through music, products, and charitable initiatives. Grammy Award-winning Brandy will debut a new song, "Starting Now," on May 21. A music special featuring reimagined princess songs will air on Disney Channel and Disney+. Disney Publishing Worldwide has released "Tales of Courage and Kindness," a free short story collection. Additionally, a nationwide concert tour and collaboration with Starlight Children's Foundation will support children in hospitals. New themed products will also be introduced throughout the year.
The Walt Disney Company (NYSE: DIS) will release its fiscal second quarter 2021 financial results on May 13, 2021, after regular trading hours.
A live audio webcast detailing these results will commence at 4:30 p.m. ET / 1:30 p.m. PT on the same day. Investors can access the webcast through www.disney.com/investors, where it will also be archived for later viewing.
Shareholders of The Walt Disney Company (NYSE:DIS) re-elected all ten members of the Board of Directors during the virtual 2021 Annual Meeting. Elected directors include Susan E. Arnold, Mary T. Barra, and Robert A. Iger, among others. Additionally, PricewaterhouseCoopers LLP was ratified as independent accountants for the fiscal year ending October 2, 2021. Shareholders also approved an advisory resolution on executive compensation. Two shareholder proposals regarding lobbying disclosure and employee representation in nominations were rejected. Final tallies will be certified and reported to the SEC.
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