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Tag Archives: Acquisition

October 8

Posted on October 8, 2016 by disneydetail

October 8, 1993 – The Mighty Ducks Play First NHL Game

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“The Ducks lost the game, 7-2, but more important than the result that night was the birth of a franchise that would go on to reach great heights.”

On October 8, 1993, the Disney-owned NHL hockey team, the Anaheim Ducks, played their first game as an official NHL team. The team had been founded by Disney in 1992 as a way to promote the hockey film The Mighty Ducks, and was originally an expansion team. At this game the Ducks played against the Detroit Red Wings at the Arrowhead Pond of Anaheim. The Ducks lost this game to the Red Wings 7 to 2, but would go on to have a successful career in the NHL with nine playoff appearances.

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September 13

Posted on September 13, 2016 by disneydetail

September 13, 1999 – Discover Magazine Acquired by Disney

discovery

“Science for the curious.”

On September 13, 1999, Disney acquired the science magazine Discover, which was originally created by Time, Inc. The magazine was originally created in 1980 by Time Magazine editor Leon Jaroff, who discovered that Time would sell the most issues when the cover featured a something scientific. The magazine changed hands several times before the Disney acquisition, in which Disney added it to the Disney Publishing group and moved the main office to join Disney’s in Burbank. Disney would eventually sell the magazine to Bob Guccione Jr. and other private equity partners in 2005.

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April 9

Posted on April 9, 2016 by disneydetail

April 9, 2002 – The El Capitan Entertainment Centre is Declared a Historical Monument

ECTC

“We are so proud to be a part of Hollywood history and to be playing a continuing role in the revitalization of this historic area of Los Angeles.” – Lylle Breier, Senior VP Worldwide Special Events for Buena Vista Pictures Distribution

On April 9, 2002, the newly resorted El Capitan Entertainment Centre was opened and was named a Historic Hollywood Landmark by the city of Los Angeles. Originally built in 1921 as the Hollywood Masonic Temple, the temple was sold by the Masons in 1982 after years of dwindling membership. In 1998, the Walt Disney Company became the owner of the property, solely for the purposes of Buena Vista Pictures Distribution. Disney gave the building an extensive overhaul, restoring some of the buildings’ original features that had been taken out since the sale of the building in the 1980s. Disney has since used the El Capitan Theater for its studios’ film premieres, particularly for Pixar and Disney Animation releases.

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February 9

Posted on February 9, 2016 by disneydetail

February 9, 2006 – Disney Trades to Reacquire Oswald the Lucky Rabbit

Mickey Oswald

“Oswald is definitely worth more than a fourth-round draft choice. I’m going to be a trivia answer someday.” – Al Michaels

On February 9, 2006, Disney-owned ESPN finalized a trade with NBC-Universal, trading the contract of NFL play-by-play analyst Al Michaels for one of Disney’s earliest popular creations, Oswald the Lucky Rabbit. Oswald, Walt’s first animated character, was lost to producer Charles B. Mintz at Universal in 1928. Mintz not only took all of Walt’s animators, but the character Oswald himself when Walt could not in good conscience accept the terms Mintz offered for a new contract. The trade gave Disney all rights to the earliest Oswald cartoons, as well as creative control of the character. Also included were exclusive rights for ESPN from NBC Sports, which included expanded coverage of the Kentucky Derby, the Olympics, and Notre Dame college football games until 2011 (or 2012 in the case of the Olympics).

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February 5

Posted on February 5, 2016 by disneydetail

February 5, 2007 – Disney Announces Creation of ImageMovers Digital

IMD

On February 5, 2007, Disney announced the setup of a joint venture with director Robert Zemeckis, known as ImageMovers Digital. The goal of the studio was to develop 3D animated features using performance capture technology, which was used in Zemeckis’ film The Polar Express. Disney had been interested in expanding into 3D technology, as the 3D version of Chicken Little had been profitable for the studio. The first film released by the venture was A Christmas Carol in 2009, which was a box office success. However, the studio closed after the box office bomb of their second film, Mars Needs Moms.

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January 3

Posted on January 3, 2016 by disneydetail

January 3, 2014 – Marvel Comics is Granted Exclusive Rights to Star Wars Comics

StarWarsComics

“In 2015, the cosmic adventures of Luke, Han, Leia and Chewbacca will make the lightspeed jump back to Marvel, to begin a new age of adventures within the Star Wars universe.” – Carol Roeder, director of Lucasfilm franchise publishing, Disney Publishing Worldwide

On January 3, 2014, Marvel Comics, in partnership with Lucasfilm Ltd., was granted exclusive rights to publish Star Wars comics and graphic novels. The agreement ends the partnership with Dark Horse Comics, who had been publishing Star Wars titles since 1991; Marvel had previously owned the license to the comics from 1977 to 1987, with Star Wars #1 selling over 1 million copies in 1977. This acquisition brought Star Wars completely under the Disney banner, as Disney had acquired Marvel in 2009.

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December 18

Posted on December 18, 2015 by disneydetail

December 18, 1991 – Jim Henson Productions Signs Distribution Deal with Buena Vista Home Video

Muppets

“This is our most significant distribution agreement to date and we are pleased to be able to present this entire gold mine of product to consumers worldwide.” – President of International Theatrical Distribution for Disney Bill Mechanic

On December 18, 1991, one year after merger negotiations broke down between The Walt Disney Company and Jim Henson Productions, a distribution deal was reached with Disney’s Buena Vista Home Video. Buena Vista was given 30 years’ worth of the Henson library for the following five to six years, excluding Sesame Street. This stand-alone agreement worked as it was based on Disney’s track record of marketing and distributing tapes to consumers; this track record was also seen as the main reason merger talks began.

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December 11

Posted on December 11, 2015 by disneydetail

December 11, 1995 – The Disneyland Pacific Hotel is Acquired

Pacific Hotel

“The acquisition of the Pan Pacific Hotel enables us to offer additional lodging choices for the guests of the Disneyland Resort.” – President of Disneyland Paul Pressler

On December 11, 1995, the Disneyland Pacific Hotel opened after an extensive deal with the original owners, the Tokyu Group. The hotel was originally built by the Tokyu Group in 1984, and was named the Emerald of Anaheim. In 1989, after a consolidation effort by the Tokyu Group of its two hotel brands, the hotel was renamed the Pan Pacific. In 1995, the hotel was acquired by Disney for $36 million (about $56.5 million in adjusted inflation). In 1996, a special cast-only pin was released this day, celebrating one year of Disney ownership of the hotel.

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October 30

Posted on October 30, 2015 by disneydetail

October 30, 2012 – Disney Agrees to Plans to Purchase Lucasfilm

DisneyLucas

“Global leader in high-quality family entertainment agrees to acquire world-renowned Lucasfilm Ltd, including legendary STAR WARS franchise.”

On October 30, 2012, Disney agreed to acquire Lucasfilm Ltd. through a stock and cash transaction to owner George Lucas. The overall deal was worth $4.05 billion, with Disney acquiring all aspects of the company, including LucasArts, Industrial Light & Magic, and Skywalker Sound. Co-Chairman Kathleen Kennedy was named as the President of Lucasfilm within its new incorporated structure, and serves as the brand manager for the Star Wars franchise. George Lucas would remain as a creative consultant for the successful film franchise. The announcement also came with the promise that the first Star Wars continuation film would be released in 2015. CEO Bob Iger also went on record to say “As far as the legacy George [Lucas] has created, we don’t take that lightly. We definitely plan to expand the presence of Star Wars in our parks which could include new parks.”

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March 11

Posted on March 11, 2015 by disneydetail

March 11, 1959 – Disney Purchases the Golden Oak Ranch

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“Located within the 30-Mile Zone, the Golden Oak Ranch is a movie ranch like no other.”

On March 11, 1959, Disney purchased 708 acres in the Placerita Canyon, called the Golden Oak Ranch. The ranch, located 25-miles away from the Disney Studios, became a filming location for several Disney productions, including the Spin and Marty serials and feature films The Parent Trap and Follow Me, Boys!. The ranch was also leased out to other studios for such projects as Dynasty and Back to the Future, and has continued to be used for Disney productions, including the recent Pirates of the Caribbean series and The Santa Clause. In 2009, Disney announced that there would be a plan to create a backlot studio for ABC with 58-acres of the property. In 2011, it was announced that two state-of-the-art backlots were completed on the property.

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