Commercial Real Estate
Burbank-based Walt Disney Co. acquired a two-building warehouse in Anaheim near Disneyland for $124 million, or $305 per square foot.
Orange County
The Walt Disney Company Board of Directors recently named James P. Gorman as chairman of the board, effective today, January 2, 2025.
Hollywood Inc.
Walt Disney Co. has named James P. Gorman as chair of its succession planning committee to find the company’s next chief executive.
The special district that governs Walt Disney World voted unanimously Wednesday to approve the theme park’s expansion plans.
California
During a graduation ceremony held at Walt Disney Concert Hall on Thursday evening, violence broke out inside as well as outside the concert venue.
Walt Disney Co. reported first-quarter earnings as the company faces a number of challenges, despite recent box office success including a hit animated sequel.
Like its integration of Hulu earlier this year, Disney has added an ESPN tile to its Disney+ homepage to encourage more bundle subscriptions and reduce churn.
Walt Disney Co. Chief Executive Bob Iger was paid $41 million last year, up from the $31 million he made in 2023. Iger has long ranked among the highest paid media CEOs.
Obituaries
Sherman and brother Robert were the masterminds behind Disney songs for the film “Mary Poppins” and “It’s a Small World.” They also wrote songs for Disney TV shows and movies.
Venu was announced in 2024 as a slimmed-down streaming package carrying the channels that would have offered such channels as ESPN.