RSS Feed

Tag Archives: Walt Disney Company

November 17

November 17, 1999 – Disney Stockholders Approve Whole Acquisition of Infoseek

On November 17, 1999, Disney stockholders approved the plans for The Walt Disney Company to acquire the remaining stock of Infoseek, making it a wholly-owned subsidiary. 43% of the outstanding common stock of the company had been purchased a year prior; this, combined with Disney’s acquisition of Starwave Corp., helped create the portal service GO Network, which featured search engines, email, and news. With Disney completely owning Infoseek, the company merged with Buena Vista Internet Group, and stocks for the GO.com portal began trading on the New York Stock Exchange the next day. The portal was eventually closed on March 1, 2001.

Advertisements

November 7

November 7, 2011 – Disney and YouTube Announce Partnership Deal

“…[we need to] bring Disney’s legacy of storytelling to a new generation of families and Disney enthusiasts on the platforms they prefer.” – Co-President of Disney Interactive, James A. Pitaro

On November 7, 2011, Disney and YouTube announced a new partnership to help both companies grow in electronic prominence. The $10-15 million dollar deal would feature Disney Interactive Media creating an original digital video series, with the first planned series being based on the popular app “Where’s My Water?” YouTube was looking for credibility with parents, while Disney was looking to boost web traffic and sales through their own website as well as the joint channel. YouTube also announced that their plan was to act as a neutral distributor and not move into the role of a production company.

October 28

October 28, 2013 – The Network Fusion Launches

“Pop Culture. Satire. News. This is Fusion.”

On October 28, 2013, the ABC and Univision joint network Fusion officially launched. ABC and Univision announced on February 11 their plans to create a channel that would feature topics of interest to American Hispanic teenagers; it was Univision’s first foray into the world of English-language programming. In 2016, ABC sold its stake of Fusion to Univision, making Univision the sole owner through the Fusion Media Group.

October 20

October 20, 1993 – Ten New Inductees are Honored as Disney Legends

“The stuff Legends are made of…”

On October 20, 1993, ten new inductees were added as Disney Legends in a special ceremony held at the Walt Disney Studios. The ten inductees included Card Walker; former President of the Walt Disney Company; Donn Tatum, senior executive; Clarence Nash, original voice actor of Donald Duck; Jimmy MacDonald, sound effects wizard and second voice actor for Mickey Mouse; Pinto Colvig, original voice actor for Goofy; actor Buddy Ebsen, who was best known for his role as George Russel in the Davy Crockett series; Irving Ludwig, film distributor who helped form the Buena Vista Distribution Company; matte artist Peter Ellenshaw; Harper Goff, Imagineer and artist; and Blaine Gibson, Imagineer and sculptor, best known for the Partners statue in the Disney Parks. The ceremony was presided over by Michael Eisner and Roy E. Disney, and of those honored, Tatum, Nash, MacDonald, Colvig, and Goff were honored posthumously.

May 24

Posted on

May 24, 1968 – Walt Disney is Posthumously Awarded the Congressional Gold Medal

“Whereas Walt Disney’s life personified the American dream and his rags-to-riches story demonstrated that the United States of America remains the land of opportunity…”

On May 24, 1968, President Lyndon Johnson presented the Congressional Gold Medal to Walt Disney’s widow, Lillian Disney. Walt, who had passed away on December 15, 1966, had previously received the Presidential Medal of Freedom in 1964. In the joint resolution to issue the medal, it honored Walt’s contributions, his humanitarian efforts, his help with the war effort during World War II, and “his belief that good will ultimately triumphs over evil.”

April 23

April 23, 1993 – Walker Ranch Officially Becomes Disney Wilderness Preserve

“Without [Carol Browner’s] vision, we would continue to have the kind of thoughtless development that has been consuming Florida.” – Dick Weinstein, The Nature Conservancy.

On April 23, 1993, the U.S. Environmental Protection Agency held a special ceremony as the famed Walker Ranch became the new Disney Wilderness Preserve. Spearheaded by Carol Browner, who was then the secretary of the Florida Department of Environmental Regulation, Disney bought the property to compensation for the 12 miles of wetlands the company is to tear down for the purposes of expanding Walt Disney World; the plan had Disney hand the reins of the former ranch to the Nature Conservancy to turn it into a preservation site, with Disney handling all costs associated. Though the ranch had several instances of foresting and dredging on the property, it was still considered a key piece of the 45,000 acres that make the headway of the Kissimmee River, and was also home to two endangered species: the bald eagle and the wood stork.

April 3

April 3, 1953 – Walt Disney Signs Legal License for Use of His Name

“Disney’s name as used herein, includes all forms and variations of his name…”

On April 3, 1953, Walt Disney signed a legal license that would grant him all commercial uses of his name to Walt Disney, Incorporated; this was the first step in ensuring that Disney would be able to control his films, televisions shows, and eventually the parks. This was a historic event in entertainment history, as this contract paved the way for Disney to become the global empire it is today. This agreement also helped pave the way for Disney to create his own distribution company, Buena Vista Distribution, as RKO was crumbling quickly after being acquired by Howard Hughes.