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| August 19, 2004 |
| Eisner Praises Employees' Diligence
Dressed in a yellow polo shirt, white pants, black sneakers and Mickey Mouse baseball cap, he could have passed for a tourist.But Michael Eisner wasn't on vacation Wednesday.Instead, the Disney chief executive was on the job, praising his troops for their efforts to keep much of Walt Disney World resort humming in the aftermath of Hurricane Charley."I just wanted to come and say what a great job you people did. We totally appreciate it," Eisner told about a dozen workers from the Who Wants to Be a Millionaire -- Play It! game show, who were crammed into a lunchroom with Eisner and an entourage of Disney executives.
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| August 17, 2004 |
| Walt Disney World Announces Relief Efforts for Central Florida Families and Cast Members Impacted by Hurricane Charley
To assist Central Florida families and Cast Members adversely impacted by Hurricane Charley, the Walt Disney Company and Walt Disney World Resort today announced an array of relief initiatives."Our Disney family always steps up in times of crisis to assist those in need," said Al Weiss, president of the Walt Disney World Resort. "We are joining with other caring corporate citizens to provide much-needed help and compassion in the community and within our own company."
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| August 05, 2004 |
| Disney Adds Personal Computer to Products
The Walt Disney Co. has added a personal computer and flat screen monitor to its lineup of consumer electronics products. It even comes with a mouse. The computer, which also comes with games, a digital pen and a drive that plays both CDs and DVDs, joins a television, DVD player, clock radio, cordless phone and other products the company has introduced over the past two years. The computer will retail for $599 with the monitor sold separately for $299.
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| Children's Place May Buy Disney Chain
NEW YORK - Children's Place Retail Stores Inc. said on Thursday it has signed a nonbinding letter of intent to buy Walt Disney Co.'s money-losing Disney Store chain in North America and said July same-store sales rose 14 percent.The fast-growing mall-based children's clothing retailer, based in Secaucus, New Jersey, said talks with Disney on the deal -- first made public in June -- continue. The discussions also involve the possible operation of the Disney Store retail chain under a long-term license agreement, Children's Place said in a statement. Disney Store sells clothing, toys and other merchandise featuring Walt Disney characters.
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| Disney to Launch ABC1 Channel on UK's Freeview
Walt Disney Company said on Wednesday it will launch a version of its ABC television network in the UK next month, bringing U.S. shows like soap opera "General Hospital" and offbeat comedy "Sports Night" to Britain. The ABC1 network will initially be available only on Freeview, a popular digital television service without subscription fees, though there are plans to expand onto other pay-TV services. ABC1 will be broadcast from 6 a.m. until 6 p.m. starting Sept. 27, and plans to eventually expand to a 24-hour schedule.
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| August 03, 2004 |
| Brown Shoe Adds the Magic of Disney to Its Character Footwear Lineup
Buster Brown & Co., The 100-Year-Old Kids' Division of Brown Shoe Company, Inc., has signed a major licensing agreement for footwear with Disney Consumer Products encompassing more than 30 of Disney's famous characters. New footwear lines will feature: Disney's standard characters (e.g. Mickey and Minnie Mouse); Winnie the Pooh and his loveable friends; Classic Film Library characters like Bambi, Lady and the Tramp, etc.; Disney's TV action heroes like Power Rangers-SPD and Kim Possible, and characters from upcoming feature films including Pooh's Heffalump Movie and the Disney/Pixar Cars film.Brown Shoe will to preview its first Disney shoe designs at WSA, the shoe industry's trade show in Las Vegas on August 5-8.
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| August 02, 2004 |
| Euro Disney Gets Extension of Debt Plan
Euro Disney SCA, Europe's largest theme-park operator, obtained two more months to win creditors' support for a bailout that will prevent the company from defaulting on $2.9 billion in debt. The stock fell to a record low.The company previously had until Saturday to convince all creditors to accept its debt plan, which was approved in June by its biggest shareholder, Walt Disney Co., and three French banks. The parties now have until Sept. 30.
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| Disney & YMCA Team Up to Offer Child Care
As Walt Disney World prepared for the opening of two new child-care centers on its property, it polled employees to find out what they wanted most from the new, much-larger facilities.The answer: flexible hours and affordable prices.So Disney and its new child-care partner, the Central Florida YMCA, designed the centers so that the company's "cast members" -- whose schedules often change from week to week -- weren't locked into dropping off their children at the same time every day, or on the same days every week.
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