Inside these posts: Robert Iger

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April 8 at 6:16 a.m.
Filed under: China, International, Tourism, Travel

Disney begins work on Shanghai theme park

By Los Angeles Times

Dancers perform during the groundbreaking ceremony of Shanghai Disneyland. (Ally Song/Reuters)

Walt Disney Co. Chief Executive Robert A. Iger was joined by Shanghai’s Communist Party chief and the city’s mayor Friday to officially commence construction of a long-awaited theme park that will give the Burbank company a critical beachhead in mainland China.

In a carefully staged groundbreaking ceremony interspersed with singing and dancing, Iger said the new park would feature a blend of East and West and underscored the importance of the $3.7-billion project for Disney. Get the full story »

July 30, 2010 at 6:23 a.m.
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Filed under: Entertainment, M&A

Disney sells Miramax to Filmyard for $600M

By Reuters

Walt Disney Co. has sold film studio Miramax for more than $660 million to Filmyard Holdings LLC, ending months of talks between the media group and various bidders.

Construction magnate Ron Tutor, investment firm Colony Capital LLC and other individuals are part of Filmyard Holdings, Disney said. Get the full story »