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Wednesday, February 4, 2015

Your Daily News from Around Disney 2/4/15

Some days it's just a real struggle to getting around to do what you have to do and today is one of those days. Then you look deep inside yourself and say you have to do what you have to do and when Disney thoughts are in your head, you put a smile on your face. Without further ado your daily news from around Disney is here.

Disney Wraps Up Magical First Quarter:

Yesterday in a conference call, Disney CEO Bob Iger announced that the company had wrapped up a magical first quarter. The good news came after revenue increased as the company is still lapping up the success of "Frozen" and attendance in its theme parks both in California and Florida. In the last 3 months of 2014 revenue from Disney's Parks and Resorts increased 9 percent to 3.9 billion. Iger said in a CNBC interview that there appears to be no effect on the measles outbreak that started in Disney Land last month. Between the parks and Disney Channels and "Frozen" merchandise all had strong results that drove earnings up 19 percent. Disney's profit and revenue exceeded expectations and shares rose over 4 percent in after market trading. Walt Disney Company's shares rose 3.9 percent to $97.75 in aftermarket trading after closing up 2.4 percent at $94.10 before the report was released. The stock has been trading near the company's all time high of $96.43/share.

Iger Continues to Tease Star Wars is Coming to Disney Parks:

11 months before "Star Wars: The Force Awakens" is in theaters, Disney's CEO Bob Iger continues to tease what the company has planned for "Star Wars" in its theme parks. Iger told Wall Street analysts yesterday that a "fair amount of design and development (which is taking place by the company's Imagineers) to greatly increase the presence of "Star Wars" in multiple locations around the world. He also stated the plans were ambitious and that it would take time for them to be built and opened. He also stated when asked when he would announce these plans he replied, "later in 2015." Whatever new attractions in the theme parks that come he stated would be based off future films and its spinoffs of the series. Later, Iger told Bloomberg news that he is sure that fairly soon that the company would be ready to go public with specifics and that it was safe to say that you will see a lot more "Star Wars" in Disney theme parks.


This Day in Disney History:

On this day February 4, 1938 Disney's "Snow White and the Seven Dwarfs" is generally released to U.S. theaters after its December 21, 1937 in California and had been playing at New York's Radio City Music Hall since January 13, 1938.

Daily Disney Quote:

"I always like to look on the optimistic side of life, but I am realistic enough to know that life is a complex matter."

Not much news today but tomorrow is another day and in the words of Mickey Mouse, "See Ya Real Soon."



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