The Walt Disney C0mpany
November 28, 2012
THE WALT DISNEY COMPANY BOARD INCREASES ANNUAL CASH DIVIDEND BY 25 PERCENT TO $0.75 PER SHARE
BURBANK, Calif., November 28, 2012 – The Walt Disney Company (NYSE: DIS) board today declared an annual cash dividend of $0.75 per share, up 25 percent, or $0.15 per share, from the previous year. The dividend is payable on December 28, 2012 to shareholders of record at the close of business on December 10, 2012. The December payment represents the 57th consecutive dividend payment to shareholders. Continue reading
“Disneyland’s Indiana Jones Adventure will resume operation on Dec. 8 after a three-month refurbishment,” according to the O.C. Register.
Disneyland reported that they didn’t close down the ride due to concerns about injuries to the public or Cal/OSHA safety violations.
However my own experience, having worked at Disneyland’s safety department, is that sometimes they close down rides because of concerns about known hazards. These might be hazards that Cal/OSHA is not aware of, but if there are situations that are dangerous to Disneyland’s employees then they have to act. Continue reading
Did you know that there is a Pirates of the Caribbean Suite at the Disneyland Hotel? I was working at Disney when they opened the suite. In fact I got to meet the designer who dreamed it up and shocked her when a Disney engineer and I took readings and found out that some of the brass fixtures in the new suite had too much lead content.
But the real shocker was finding out that there was once a portrait of Johnny Depp, as Captain Sparrow, in this suite. Why it was removed is quite a tale. Apparently Depp stayed in the suite one night and he called the front desk the next morning in a bit of a fury. He was not happy that the painting of him had been hung in the suite without his permission – and it had to be removed!
But that’s not all. Continue reading
The Walt Disney Company
Press Release: November 28, 2012
JAY RASULO, SENIOR EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, THE WALT DISNEY COMPANY, TO SPEAK AT THE 40TH ANNUAL UBS GLOBAL MEDIA AND COMMUNICATIONS CONFERENCE
BURBANK, Calif., November 28, 2012 – Jay Rasulo, senior executive vice president and chief financial officer, The Walt Disney Company (NYSE: DIS), will participate in a question-and-answer session at the 40th Annual UBS Global Media and Communications Conference on Wednesday, December 5, 2012 at approximately 12:15 p.m. EST / 9:15 a.m. PST. Continue reading
Star Wars fans are worried that Disney will ruin their beloved Star Wars franchise with Star Wars Episode 7, which is slated for 2015. However one could argue that George Lucas did that himself when he created the Jar Jar Binks character and when he cast the actors who played the younger and the older Anakin Skywalker. Both of these actors were annoying but the fellow who played the older Anakin, Hayden Christensen, was beyond abominable.
Lucas scored with his first three Star Wars movies – and let’s not forget he ripped off the classic Japanese film the “Seven Samurai” with his first Star Wars flick. But his last three Star Wars movies were about as bad as anything Disney might muster up. Continue reading
The Great Streetcar Incident of 2012
By Cynthia Ward, Think for Yourself OC blog
The Anaheim Resort’s millions of guests drive our local economy, but those visitors also create significant traffic congestion. Over the objections of Mayor Tom Tait, the Anaheim City Council approved a $318,000,000.00 publicly-funded streetcar system to transport Resort visitors and employees. Although Disney uses buses almost exclusively at their Florida property, and the price tag of $53,000,000.00 made buses comparatively more affordable, enhanced bus service was astonishingly dismissed as undesirable-read “not sexy enough.”
A recent study by transportation expert Randall O’Toole, debunks the arguments used by City Council, and a staff promoting their own obvious agenda.
Streetcars are more expensive to purchase and operate than buses. Their fixed track and power systems are costly and disruptive to existing traffic, and especially problematic for pedestrians. Buses offer greater flexibility, enabling the addition of vehicles for peak hours-critical to address the unique traffic patterns of Anaheim, with crunch time not driven by conventional issues like rush hour so much as variable influences like closing time at Disneyland, last innings at the Stadium, or events at the Honda Center. Buses are easily removed or replaced for service, while a disabled streetcar renders the system unusable, and leaving traffic clogged around a stalled streetcar.
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In related news – Trains Still Can Make Sense — ARTIC Does Not