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Tag Archives: Announcement

January 23

January 23, 2006 – Disney Honors Michael Eisner Through Building Renaming Ceremony

“I am grateful for this wonderful honor, especially because this building encapsulates so much that is fantastic about Disney and about the two decades I got to spend here.”

On January 23, 2006, several Disney employees, alongside Disney Board Senator George Mitchell, the Board of Directors, and Disney CEO Bob Iger were on hand to honor former CEO Michael Eisner at a dedication ceremony, renaming the Team Disney building as The Michael D. Eisner Building. The building has served as the company’s corporate headquarters since 1990, and was designed by architect Michael Graves; it was notable for featuring pillars in the shape of the Seven Dwarfs. Disney had been in a state of turmoil when Eisner joined the company and, through his work with Frank Wells, the pair managed to return Disney to its creative, innovative state. The board was unanimous in awarding Eisner this honor for his 21 years of service.

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December 27

December 27, 1996 – Michael Ovitz Leaves The Walt Disney Company

“You played the angles too much, exaggerated the truth too far, manipulated me and others too much.” – Michael Eisner, in a November 1996 letter

On December 27, 1996, Michael Ovitz stepped down as the President of the Walt Disney Company. He joined the company in 1995, acting as president under Michael Eisner. The year that Ovitz served as president was considered turbulent at best, and was swiftly let go by Eisner. There were further complications afterwards, as Ovitz was awarded a hefty severance package of $130 million. Disney shareholders eventually sued Ovitz and Eisner for this package; although the court upheld the payment, the court case, and the decisions that led to it, hurt Eisner’s position within the company.

December 10

December 10, 1992 – The NHL Awards a Franchise to the Walt Disney Company

“The Walt Disney Co. is betting that the NHL has recovered from a period of spotty popularity to emerge as the professional sport with the best investment potential, especially in regards to international expansion.”

On December 10, 1992, the NHL officially awarded a new franchise to the Walt Disney Company, which was part of a larger expansion detail that also gave a team to South Florida (which would become the Florida Panthers). The team awarded to Disney became the Mighty Ducks, named after the surprise hit film The Mighty Ducks. The team began to play during the 1993-1994 season. The team played their first game on September 18, 1993. Disney would end up selling the Mighty Ducks in 2005, with the sale final on June 20, 2005.

December 8

December 8, 2006 – MarketWatch Names Bob Iger as CEO of the Year

“This is a well-deserved honor for Bob, and indicative of the passion and perseverance he brings to all of him endeavors.” – Peggy Williams, President of Ithica College

On December 8, 2006, MarketWatch released a statement naming Walt Disney Company President and Chief Operating Officer Robert Iger as CEO of the Year. Iger was named thanks to his contributions to the innovation of the entertainment industry; MarketWatch looks at the track record of CEOs in terms of stock price, performance for customers, treatment of employees, and corporate-governance initiatives. One of the major initiatives that led to this honor for Iger was the careful negotiations for Disney to buy Pixar for $7 billion, extending an olive branch to the company that had suffered a fractured relationship with Disney for quite some time.

October 21

October 21, 2004 – Hong Kong Disneyland Names First Ambassador

On October 21, 2004, Hong Kong Disneyland named Angela To as its first park ambassador. The tradition of park ambassadors began in 1965 with Julie Reihm for Disneyland Park, and the ambassador travels to and participates in special events, including parades and interviews. The ambassadors also attend a special training in Disneyland and Walt Disney World. To would serve as the ambassador and be present as Hong Kong Disneyland officially opened on September 12, 2005.

October 12

October 12, 2017 -The Villages Nature Paris Project is Unveiled

“Explore all five immersive worlds and the unforgettable experiences they promise.”

On October 12, 2017, the joint project between Euro Disney and Pierre & Vacances-Center Parcs, known as Villages Nature Paris, was announced and opened. Located minutes from Disneyland Paris, this project was years in the making, and provides guests with an immersive, natural experience in five areas: the water park Aqualagon, BelleVie Farm, the five-acre Extraordinary Gardens, the Lakeside Promenade, and the Forest of Legends. The areas provide a variety of activities, including zip-lining, breadmaking, and wine tasting. The idea of the Villages Nature Paris was to promote what is known as “sustainable tourism,” as the 300-acre area seeks to reduce its carbon footprint, and protect the wildlife around it, through a variety of green methods.

September 20

September 20, 2011 – Disney Announces Joint Partnership with Lightstorm Entertainment

“…Disney will partner with Cameron and producing partner Jon Landau to create themed lands that will give theme park guests the opportunity to explore the mysterious universe of AVATAR first hand.”

On September 20, 2011, Walt Disney Parks and Resorts Worldwide announced that they had entered into a partnership with James Cameron’s Lightstorm Entertainment, along with Fox Filmed Entertainment. This exclusive agreement would give Disney the rights to create a new park based on Cameron’s blockbuster film Avatar. It was also announced that the Avatar-themed land would be added to Disney’s Animal Kingdom in Walt Disney World, with construction beginning in 2013. This agreement also gives Disney the opportunity to build other Avatar lands in other Disney Parks around the world.