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Tag Archives: The Walt Disney Company

August 29

August 29, 1989 – Disney Announces Agreement to Acquire Muppets


“I have enjoyed running my own company, but now I am really excited about joining forces with Michael Eisner and the Disney organization and finding out how much more we can accomplish together for our audiences all over the world.”

On August 29, 1989, the Walt Disney Company announced that they had started negotiations with Henson Associates Inc. to acquire the Muppets. Jim Henson, creator of the Muppets, was working with Disney at the time on the new Muppet*Vision 3D attraction when the deal was discussed; under this deal, Henson would become a consultant to Disney to help develop special media pieces, such as television specials and movies. The terms of the deal were exclusive only to the Muppets and did not include characters from the Sesame Street series. Unfortunately, this deal would fall through in December of 1990, after problems arose with estate tax of Henson’s estate after his untimely passing. The merger was reopened and finally followed through in 2004.

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August 19

August 19, 2011 – Twelve Inductees are Honored as Disney Legends

“The Spiral—stands for imagination, the power of an idea. The Hand—holds the gifts of skill, discipline and craftsmanship. The Wand and the Star—represent magic: the spark that is ignited when imagination and skill combine to create a new dream.”

On August 19, 2011, the twelve newest Disney Legends were inducted at a special ceremony during the D23 Expo in Anaheim, California. Among those honored were creator of the Muppets, Jim Henson; Disney merchandiser Bo Boyd; television show host Regis Philbin; entertainment entrepreneurs and original proprietors of the Disneyland Hotel Jack and Bonita Wrather; former Chairman of the Board for the Walt Disney Company, Ray Watson; star of the hit television series Zorro, Guy Williams; and the voice actresses for the Disney Princesses: Jodi Benson (Ariel); Linda Larkin (Jasmine); Paige O’Hara (Belle); Anika Noni Rose (Tiana); and Lea Salonga (singing voice for Jasmine and Mulan). Several were awarded posthumously, and those still living were in attendance to collect their statue and place their handprints on the special plaques that are placed in the Disney Legends Plaza.

May 19

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May 19, 2010 – Turtle Day is Celebrated in Animal Kingdom Park

“May is a fantastic month to celebrate turtles and tortoises.”

On May 19, 2010, Disney’s Animal Kingdom Park held a special day of events to celebrate Turtle Day, which sought to bring awareness to turtles and tortoises and what guests can do to protect them. Activities that day included sessions to teach guests what threatens turtle habitats, interactive ways of using “turtle sight” to find food, and up-close-and-personal looks at some of the turtle and tortoise species that the park conservationists protect. 2010 was a particularly important year to highlight conservation efforts for turtles and tortoises, as Disney worked in partnership with the Florida Fish and Wildlife Conservation Commission and the U.S. Fish & Wildlife Service to offer assistance and resources to those animals hurt by the oil spill in the Gulf of Mexico.

May 12

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May 12, 1967 – Florida Governor Claude R. Kirk, Jr. Signs Disney Bill

On May 12, 1967, then-Florida Governor Claude R. Kirk, Jr. signed special legislation that allowed Walt Disney Productions’ the ability to run the operations for Walt Disney World. Before the legislation, there were concerns that Florida taxpayers would have to pay for the construction of the new Disney park. This legislation allowed the formation of the Reedy Creek Improvement District with two cities: Bay Lake and Reedy Creek (now known as Lake Buena Vista). The creation of these cities allowed Disney to issue tax-free bonds, as well as remain unaffected by any current or future state land-use laws.

May 3

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May 3, 1994 – Disney Announces Intention to Start a Cruise Line

“Operating our own cruise line will allow us to bring a new dimension of entertainment to our guests.” – Michael Eisner, then-Disney CEO

On May 3, 1994, the Walt Disney Company publicly announced their intention to create a cruise line, with their first ship estimated to be ready to sail in 1998. This announcement came on the heels of some recent announcements of expansions of the Disney brand, including the renovation of the New Amsterdam Theatre in New York City, plans to build a historical theme park in Virginia, and the first professional season of the Mighty Ducks hockey team. Disney had licensed its characters to be a part of the Florida-based Premiere Cruise Lines, but had recently ceased the eight-year agreement with the company. The first ship in the Disney Cruise Line, the Disney Magic, sailed out on its maiden voyage on July 30, 1998.

April 25

April 25, 2008 – Former Disney CEO is Honored on Hollywood Walk of Fame

“So, I accept this for Frank [Wells], for Bob [Iger], and John [Travolta], and for all the cast members of the Walt Disney Company, and I thank you all for coming out on not too hot a day.”

On April 25, 2008, former Disney CEO Michael Eisner was honored with the 2,361st star on the Hollywood Walk of Fame for his part in Disney’s comeback in the era known as the Disney Renaissance. Eisner, whose tenure at Disney lasted from 1984 to 2005, was joined at his ceremony by Hollywood Chamber of Commerce President Leron Gubler, current CEO of The Walt Disney Company Bob Iger, actor John Travolta, and Mickey Mouse.

March 23

March 23, 2011 – Shareholders Elect 13 Directors of the Walt Disney Company Board

“2010 was a great year for The Walt Disney Company. It was a year of excellence – creatively, strategically, and financially.”

On March 23, 2011, Disney announced that shareholders had elected 13 members of the Board of Directors, re-electing members such as Steve Jobs, Bob Iger, and Sheryl Sandberg. The shareholders also supported recommendations from the Company’s auditor, as well as the stock incentive plan and the frequency of votes on executive compensation. Shareholders also agreed to the appointment of PricewaterhouseCoopers as the independent accountants for Fiscal Year 2011.