22 Facts About Disney Company

1. Walt Disney Company dropped his Chairman title in 1960 to focus more on the creative aspects of the company, becoming the "executive producer in charge of all production.

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2. On June 8, 2018, Disney Company announced that Lasseter would be leaving the company by the end of the year, but would take on a consulting role until then.

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3. On March 23, 2017, Disney Company announced that Iger had agreed to a one-year extension of his term as CEO through July 2, 2019, and had agreed to remain with the company as a consultant for three years after stepping down.

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4. In September 2016, Disney Company was considering placing a bid for American online news and social networking service Twitter, But they dropped out partly due to concerns over abuse and harassment on the service.

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5. On March 24, 2014, Disney Company acquired Maker Studios, an active multi-channel network on YouTube, for $500 million.

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6. On October 30, 2012, Disney Company announced plans to acquire Lucasfilm in a deal valued at $4.05 billion.

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7. In March, ImageMovers Digital, which Disney Company had established as a joint venture studio with Robert Zemeckis in 2007, was shut down.

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8. In February 2006, Disney Company acquired the rights to Oswald the Lucky Rabbit from NBC Universal as part of an exchange of minor assets.

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9. On July 25, 2005, Disney Company announced that it was closing DisneyToon Studios Australia in October 2006 after 17 years of existence.

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10. In 2005, Disney Company sold the Mighty Ducks of Anaheim hockey team to Henry and Susan Samueli.

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11. On May 15, 2003, Disney Company sold their stake in the Anaheim Angels baseball team to Arte Moreno.

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12. On November 30, 2003, Disney Company resigned from his positions as the company's vice chairman and chairman of Walt Disney Feature Animation, accusing Eisner of micromanagement, failures with the ABC television network, timidity in the theme park business, turning The Walt Disney Company into a "rapacious, soul-less" company, and refusing to establish a clear succession plan, as well as a string of box office film flops starting in the year 2000.

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13. In 2003, Disney Company became the first studio to record over $3 billion in worldwide box office receipts.

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14. In 1999, Disney Company purchased the remaining shares of Infoseek and launched the Go Network portal in January.

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15. In September 1990, Disney Company arranged for financing up to $200 million by a unit of Nomura Securities for Interscope films made for Disney.

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16. In 1989, Disney Company signed an agreement-in-principle to acquire The Jim Henson Company from its founder, Muppet creator Jim Henson.

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17. In Japan, The Oriental Land Disney Company partnered with Walt Disney Productions to build the first Disney theme park outside of the United States, Tokyo Disneyland, which opened in April 1983.

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18. In 1980, Disney Company launched Walt Disney Company Home Video to take advantage of the newly emerging videocassette market.

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19. In 1979, Disney Company entered a joint venture with Paramount Pictures on the production of the 1980 film adaptation of Popeye and Dragonslayer; the first time Disney collaborated with another studio.

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20. On December 15, 1966, Walt Disney Company died of complications relating to lung cancer, and Roy Disney took over as chairman, CEO, and president of the company.

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21. In 1932, Disney Company signed an exclusive contract with Technicolor to produce cartoons in color, beginning with Flowers and Trees (1932).

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22. On December 14, 2017, Disney Company announced an agreement to acquire 21st Century Fox for $52 billion.

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