This is INTERCOT's WebDisney,
The Definitive Guide To Disney Information & Disney Web Sites. WebDisney currently has 219 sites
in our online directory for your surfing pleasure!
June 28, 2004
Disney Debuts New Safer, Quieter and More Environmentally Friendly Fireworks Technology
After years of research and testing, Walt Disney Imagineering has perfected a new innovation in fireworks launch technology, marking the pyrotechnic industry's first major breakthrough in decades. The new technology uses compressed air to lift fireworks, virtually eliminating the need for smoke-producing black powder and other materials at launch, significantly reducing ground-level smoke and noise while continuing to provide a highly entertaining show. The air launch system debuted when the Disneyland Resort in Anaheim, California, recently unveiled its new summer fireworks show, "Disney's Imagine -- a Fantasy in the Sky."
The Walt Disney Company plans to scale back spending on films, although it aims to remain a Hollywood staple, Chief Executive Michael Eisner and other executives said on Thursday. Chief Financial Officer Tom Staggs told the investors that a slate of 13 to 16 films per year for the Disney, Hollywood Pictures and Touchstone labels, produced good results since executives were forced to be selective in the movies they make and market. "We found there is no direct correlation between spending more and making more in terms of our returns," Chief Operating Officer Bob Iger said. Iger also said Disney did not see many more places to build major traditional theme parks around the world beside the one under construction in Hong Kong and a park in Shanghai that Disney is actively considering.
Four stamps with the theme "The Art of Disney: Friendship," were displayed amid fireworks outside Sleeping Beauty Castle at Disneyland. Additional Disney-themed stamps will be released in the future. Bambi and Thumper appear in one stamp. Pinocchio and Jiminy Cricket are in another. Mufasa and Simba from "The Lion King" have their own stamp and Mickey appears with Donald Duck and Goofy. It is the third time Disney has been featured on U.S. stamps. A portrait of Walt Disney surrounded by children was featured on a 1968 stamp. Snow White made her appearance on a stamp in 1998.
In an effort to reach movie consumers directly, the Walt Disney Co plans to compete with video renters like Blockbuster Inc through a low-cost service called Moviebeam it is expanding this fall, company officials said. In interviews this week, Disney executives said Moviebeam is a first step in a broader technology push aimed at becoming more like a retailer in new, digital business arenas. By shedding its current position as a wholesaler that packages films on videos or DVDs, Disney would reap all the rental revenue instead of sharing it with retail outlets.
Most Disney devotees have heard the expression "What would Walt do?" It's an intriguing question, especially now when the Walt Disney Company seems to have lost its imagination, inventiveness, and heart. There is, however, another equally compelling question: "What would Roy do?" Roy O. Disney, co-founded Walt Disney Productions and steered it through many hazardous financial storms. After Walt's death, it was Roy who pushed ahead with plans for Walt Disney World. His leadership and foresight built the sound corporate foundation from which his successors prospered.
In an effort to reach movie consumers directly, the Walt Disney Co. plans to compete with video renters like Blockbuster Inc through a low-cost service called Moviebeam it is expanding this fall, company officials said. In interviews this week, Disney executives said Moviebeam -- a computer drive that connects to a television and stores and shows movies like a DVD player -- is a first step in a broader technology push aimed at becoming more like a retailer in new, digital business arenas.
Disney Offers Olive Branch To Smooth Over Row With Pixar
The Walt Disney Company has held out an olive branch to Pixar, the computer-animation firm behind hits such as Finding Nemo and Toy Story, in the hope that the two might resume talks over a lucrative distribution deal. Bob Iger, the president and chief operating officer of Disney, stated that the media conglomerate would like to continue distributing films for Pixar when an existing deal, which has generated more than $2.5 billion in box office receipts, ends next year. The two companies fell out in January after spending more than a year trying to agree on the terms for a new contract. Pixar has since held informal talks with several rival distributors, including Time Warner, Sony and Viacom.
The American Red Cross is proud to announce the generous donation of 150,000 plush Mickey Mouse toys by DisneyHand, worldwide outreach for The Walt Disney Company. This donation will bring comfort to hundreds of thousands of children and families following the 70,000 disasters the Red Cross responds to each year. Of the 150,000 plush toys donated, a portion will be held at a Red Cross distribution center for use in national relief efforts while the majority of the toys will be sent to local Red Cross chapters in communities across the country.
Walt Disney World commemorated the Florida National Guard's homecoming with a celebration at the Disney Wide World of Sports Complex on Saturday. Soldiers home from training around the nation and from operations in Afghanistan and Iraq played games with their children and enjoyed refreshments. The children took part in activities such as face painting. But in all their simplicity, the red, silver and blue balloons provided the most entertainment for many kids.
Euro Disney Wins Debt Reprieve After Last-Minute Bank Deal
Euro Disney said that it had won a reprieve from a debt crisis and risk of default by striking an outline deal with creditor banks just before a deadline expired. The deal, which restructures debt of 2.4 billion euros (2.9 billion dollars), involves the parent group and key shareholder Walt Disney Company of the United States, the French state-owned Caisse des Depots et Consignations investment body, and a committee representing other lenders.
Post Office to Honor Mickey Mouse & Friends June 23
On June 23, the U.S. Postal Service will dedicate The Art of Disney: Friendship, as a set of four commemorative postage stamps honoring friendship as it appears in the art of Walt Disney. The stamps feature Mickey Mouse, Goofy, Donald Duck and a host of Disney friends. And thanks to a new set of stamped postal cards and stamped stationery available that day, the Postal Service and Disney are making it easy to write home.