Session 4: Walt Disney

<p>Buena Vista Distribution Co. (C)</p> Signup and view all the answers

<p>Live-action movies (A)</p> Signup and view all the answers

<p>One Hour in Wonderland (A)</p> Signup and view all the answers

<p>1950 (A)</p> Signup and view all the answers

<p>101 Dalmatians (D)</p> Signup and view all the answers

<p>19% (A)</p> Signup and view all the answers

<p>27 (C)</p> Signup and view all the answers

<p>To save on distribution fees (D)</p> Signup and view all the answers

<p>Down and Out in Beverly Hills (B)</p> Signup and view all the answers

<p>Mickey Mouse Club (B)</p> Signup and view all the answers

<p>To generate financing and public interest for the park (A)</p> Signup and view all the answers

<p>Comedies with minimal sex and violence (A)</p> Signup and view all the answers

<p>Seeking strong scripts from lesser-known writers and actors in career slumps (A)</p> Signup and view all the answers

<p>Taking out bank loans (B)</p> Signup and view all the answers

<p>15 to 18 new films (D)</p> Signup and view all the answers

<p>Developing the studio’s own talent (D)</p> Signup and view all the answers

<p>None seemed worth making. (D)</p> Signup and view all the answers

<p>60% (A)</p> Signup and view all the answers

<p>27% (C)</p> Signup and view all the answers

<p>He emphasized toughness to ensure quality. (C)</p> Signup and view all the answers

<p>The ABC television network merger. (D)</p> Signup and view all the answers

<p>Who Wants To Be a Millionaire (D)</p> Signup and view all the answers

<p>$25 billion (D)</p> Signup and view all the answers

<p>A notable drop in return on equity. (C)</p> Signup and view all the answers

<p>Difficulty in maintaining its growth targets. (D)</p> Signup and view all the answers

<p>A strong focus on animation and family entertainment. (D)</p> Signup and view all the answers

<p>It fostered competition among division managers. (A)</p> Signup and view all the answers

<p>The workplace became increasingly unfun. (A)</p> Signup and view all the answers

<p>It was not unexpected given the company's size and success. (B)</p> Signup and view all the answers

<p>More than five people in a meeting indicated issues. (C)</p> Signup and view all the answers

<p>The controlled cost emphasis and managerial style. (C)</p> Signup and view all the answers

<p>It often resulted in project rejections. (C)</p> Signup and view all the answers

<p>It increased from 28,000 to 110,000. (A)</p> Signup and view all the answers

<p>Overemphasis on financial aspects at the cost of creativity. (C)</p> Signup and view all the answers

<p>$3,020 million (C)</p> Signup and view all the answers

<p>1995 (D)</p> Signup and view all the answers

<p>$0 million (A)</p> Signup and view all the answers

<p>1995 (C)</p> Signup and view all the answers

<p>$22,473 million (D)</p> Signup and view all the answers

<p>1983 (C)</p> Signup and view all the answers

<p>Studio Entertainment (D)</p> Signup and view all the answers

<p>$990 million (B)</p> Signup and view all the answers

<p>$1,701 million (C)</p> Signup and view all the answers

<p>1995 (D)</p> Signup and view all the answers

<p>$1,425 million (C)</p> Signup and view all the answers

<p>1997 (B)</p> Signup and view all the answers

<p>Fluctuating but generally decreasing (C)</p> Signup and view all the answers

<p>Consumer Products (D)</p> Signup and view all the answers

The Walt Disney Company's resurgence under Michael Eisner, marked by significant financial growth and shareholder returns, is considered a successful business turnaround.

Michael Eisner's leadership style, known for its demanding nature and focus on quality, played a crucial role in Disney's revival.

The period between 1984 and 2000, when Eisner was CEO, saw Disney's revenue increase from $1.65 billion to $25 billion and net earnings rise from $0.1 billion to $1.2 billion.

The average annual return for Disney shareholders during Eisner's tenure was 27%, a remarkable feat for any company.

Despite its success, Disney's performance began to slow down after the ABC merger in 1996, with return on equity (ROE) declining.

Factors attributing to Disney's decline include heavy investments in new ventures and ABC's lower-than-expected performance.

The success of the show 'Who Wants To Be a Millionaire' on ABC helped improve Disney's profits in 2000, suggesting that the company was still capable of attracting viewers.

While Disney's late 2000s performance fell below Eisner's 20% growth target, its past success under his leadership left a lasting legacy on its business culture.

A situation where a group of smart individuals are encouraged to openly disagree and debate ideas, where the best idea is expected to emerge through this process.

A company that distributes movies, like a messenger for filmmakers to theaters.

A system where a specialized department evaluates the financial viability of different business divisions within a company.

A company that designs theme parks, like a creative team for magical worlds.

A management style where decisions are made by a single leader with ultimate authority, often without significant input from others.

The company that makes Disneyland was founded in this year.

A type of employee who specifically focuses on developing creative concepts and ideas, often in entertainment and theme park industries.

A movie released in the 1950s. Focuses on the adventures of Jim Hawkins and pirates.

A situation where employees leave a company due to factors like dissatisfaction with the culture, leadership style, or other work environment considerations.

A television program that premiered around the 1950s. Presents magical and fantastical stories for children.

A state where a company prioritizes its financial performance above all else, potentially at the expense of other important factors like creativity.

The overall approach and plan a company uses to manage its various businesses and achieve its goals.

The process of expanding a company's operations by acquiring or developing additional businesses or ventures.

Disney's first TV special, "One Hour in Wonderland", achieved a huge viewership of 20 million in 1950, despite only 10.5 million TV sets in the US at the time.

Disney entered the live-action movie business with "Treasure Island" in 1950, eventually producing an average of 3 films per year by 1965, including hits like "Old Yeller", "Swiss Family Robinson", and "Mary Poppins".

To control distribution and save money, Disney created Buena Vista Distribution in 1953, ending their agreement with RKO. This move eliminated distribution fees, saving one-third of film revenue.

Rather than paying big salaries to external talent, Disney nurtured their own pool of actors and filmmakers, contributing to their financial success.

Starting in 1954, Disney launched the "Disneyland" TV program on ABC, followed by the popular "Mickey Mouse Club". These shows aimed to boost interest in the future Disneyland theme park.

Disney's ambitious Disneyland project required millions of dollars in loans to build it, but its success, due to innovative attractions and commitment to quality, made it a major triumph.

Walt Disney's commitment to excellence in every aspect of park development, from technical innovations to meticulous details, contributed to the colossal success of Disneyland.

Disney's movie division was struggling in the early 1980s, with a low market share and few successful projects. However, under Eisner's leadership, the division underwent a remarkable transformation, becoming a market leader and consistently producing profitable films.

The Touchstone label, launched by Disney in 1984, allowed the company to release films with more mature themes, including adult humor and violence, while still appealing to a wide audience.

The Touchstone label allowed Disney to explore R-rated films, which previously wouldn't have been associated with the brand. This strategy proved successful, with films like 'Down and Out in Beverly Hills' exceeding expectations.

In contrast to the big-budget, special effects-driven blockbusters that were common in the industry, Disney focused on producing moderately budgeted films, emphasizing strong scripts, interesting plots, and a balance of experienced and rising actors.

Jeffrey Katzenberg, a key figure in Disney's revival, was known for his ability to identify successful scripts, his intense work ethic, and his skill in attracting top talent to Disney projects.

Disney's focus on high-quality scripts and strong storytelling, combined with its strategic use of talent and a focus on moderate budgets, contributed significantly to its success in the movie industry.

The strategy of releasing 15 to 18 new films per year contrasted sharply with Disney's earlier releases, where only two were produced annually. This increased output allowed Disney to reach a wider audience and maintain a strong presence in the industry.

While Touchstone films were designed for a broader audience, releases under the Walt Disney label were still targeted at families, ensuring the company's core values remained intact.

The revenue generated by the Walt Disney Company's theme parks and resorts.

The revenue generated by the Walt Disney Company's film studio, encompassing both domestic and international distribution.

The revenue generated by the Walt Disney Company's consumer products division, including merchandise, licensing, and publishing.

The revenue generated by the Walt Disney Company's media networks, encompassing cable television, broadcasting, and digital platforms.

The revenue generated by the Walt Disney Company's internet and direct marketing efforts, including online sales and e-commerce.

The profit generated by the Walt Disney Company's theme parks and resorts, after deducting operating expenses.

The profit generated by the Walt Disney Company's film studio, after deducting operating expenses.

The profit generated by the Walt Disney Company's consumer products division, after deducting operating expenses.

The profit generated by the Walt Disney Company's media networks, after deducting operating expenses.

The profit generated by the Walt Disney Company's internet and direct marketing efforts, after deducting operating expenses.

The total revenue generated by the Walt Disney Company across all its business segments.

The total profit generated by the Walt Disney Company across all its business segments.

A data point that is missing or unavailable.

A negative figure in the operating income, indicating a loss for the period.

A period of time in which the Walt Disney Company's revenues were significant and increasing.