MrInfinity
DIS Veteran
- Joined
- Aug 23, 2012
- Messages
- 2,577
Listening to the Annual Mtg. Fun!
"We've had four straight years of record results, driven by extraordinary creativity, innovative technology and global expansion, 2014 was in fact the best year in our history. Our revenue was up 8% to $48.8 billion, our net income was up 22% to $7.5 billion, and our EPS was up 26% to $4.26."
Researching, to rebuild the bits I got cut off for (right at the best time!)...
Mr. Iger also announced that Star Wars: Episode VIII will be released May 26, 2017, and that the first stand-alone Star Wars movie featuring characters and events beyond the core Star Wars saga will be titled Rogue One and released in December 2016. <-- So this is what -- a spinoff? Is that how you read that?
Notes on the Theme Park side of things...
60th anniversary at Disneyland, to be celebrated in true Disney style
Completed new Fantasyland and MM+
More than 10M have used magic bands, getting rave reviews
2017 avatar theme land. "Just wait until you see Pandora in person."
HK Disneyland Ironman Experience
My connection broke here. Had to reconnect after a while. I think I missed something on Star Wars. Can anyone fill in?
Studio movies will be big for 2015...
2 Marvel Movies in one year - AntMan, SpiderMan
Hold Music is Zippity Doo-Dah while they watch a trailer.
Cinderella
Tomorrowland trailer shown for the first time on a big screen - we just get hold music. This time, Under the Sea.
Animation
2 Pixar Movies coming
Inside Out (break for a clip, get to listen to Dreams Come True)
The Good Dinosaur (November)
Frozen is the most successful movie in animated history
Big Hero 6 is the 3rd of all time, behind only Frozen and The Lion King
John Lassiter speaks... Chief Creative Officer, Pixar
His big thing is Frozen Fever - they now break to show the 7-min short to only the 2nd audience to have seen it. 7 min later, back. Crowd applauds.
Olaf "loves shareholders, and ESPN". In his words.
Josh (voice of Olaf) was there. They're doing sketches, he was baited to sing... "in summer"...
Big announcement from Josh (Olaf): WD Animation is working on Frozen 2. They have a great idea for a sequel.
Back to boring stuff...
Staggs to be COO. He gets recognized.
They recognize Roy P Disney.
Now they go over the board of directors. Some interesting ppl. Guys that hold or held some major roles at Starbucks, Potbelly, Estee Lauder, Seagram, Facebook, Twitter, and others.
Formal business portion... 5 things they will vote on. (boring)
* Reelect the board.
* Ratify Price Waterhouse Cooper as their auditor.
* Vote on executive compensation for named officers
* Shareholder proposal - Adopt a policy of having an independent Board Chair so that Iger cannot serve as both the COO and Board Chair.
* Shareholder proposal - Limit accelerated executive pay for senior execs.
Interesting. The Shareholder proposals seem to be anti-Iger, or anti-exec in general. In both cases the board recommended voting against. Voting done. The first 3 pass, the 2 shareholder ones fail.
Q&A...
Q1) About Figment and Dreamfinder. If now, finally, is it time to reinstate the original characters into Epcot?
A1) They took notice of the fan following, but have no plans for now.
Q2) Some problem with pin trading? And gift cards not working or something? This guy isn't very eloquent. He's rambling about gift cards and some discount.
A2) Iger seems to have no clue about what he's talking about or how to answer him. He'll put him in touch w someone.
Q3) Why does Disney mgmt oppose granting its employees some protection regarding speech or political talk that could be damaging. He's saying workers can get discriminated against if they do the wrong thing.
A3) FCC backs Disney on this.
Q4) Ooh smoking. This one should be good! In 2014 and this year, there have been no smoking images in any Disney movie. She commends them for corporate responsibility there. However Marvell Studios movies show smoking. Will Iger change this?
A4) New Marvell characters will not smoke.
Q5) Lack of quality or availability in direct to disc movies. Can you add bonus features to these and/or make them more available?
A5) Nothing interesting. Home video market is changing. These will go more digital, less physical.
Q6) Will Disney take a public position on making any movie with smoking be R-rated.
A6) No, Disney does not get involved w the MPAA other than regarding its own movies.
(not satisfied, questioner claims a million kids will die)
Q7a) What is your favorite Disney theme park ride
Q7b) Is a 3rd gate in Anaheim in the works?
A7a) Pirates (the original one in DL)
A7b) We have plans for a DL expansion that we have not announced but they do not include a 3rd gate they include expansion for the gates that do exist. They do not rule out a 3rd gate.
Q8) Will Maker Studios be as big as ESPN 20 years from now.
A8) I certainly hope so (rofl)
Q9) A 6-year old asks... who was the first Disney princess to walk on a Disney Cruise ship!
A9) Iger is stumped! Tom doesn't know. Iger doesn't know. They collaboratively agree Cinderella was there on the first cruise, among others.
Q10) Net neutrality - what does Disney think.
A10) They have not taken a formal public position.
Q11) What advice would you give a kid like him to get a job like you...
A11) Keep coming to our meetings. Love and appreciate the company you work for, learn. Have patience, work hard, enjoy what you do, pursue opportunities.
Q12) A rambler. He is annoyed that films say "Disney Presents..." on films, and emphasis is lost on Walt.
A12) It's just a shorter way to describe their brand as Disney.
Q13) CM from DL resort. He complains about wages, and making under $10/hr. Would you consider raising the min wage? Haha he ties it into the cost to go to Disneyland.
A13) He points out their agreements and being over $10/hr by 2016.
Q14) Fan asks... Discuss Bob, new head of Parks and Resorts.
A14) Not much to describe. Parks and Resorts will continue to grow. <-- Not much of an answer. I would like to have heard more about him.
Q15) Diversity. She compliments him. No real question.
Q16) A kid... Oh.. is the name of Disney's Hollywood Studios going to be changed?
A16) We're doing significant work there, but... he waffles. There is a name change coming? (he answers in the form of a question). "It will not be Rogue-1".
Q17) Can Dis/ESPN help college athletes so they don't need boosters? (?)
A17) They do pay money to colleges for the right to carry their sports on ESPN, and they scrutinize integrity.
Q18) This was something about currency impact of dollar vs euro.
A18) There was some drop of travel from Europe due to the conversion, but it was made up for elsewhere.
Q19) He compliments Iger and the board. He tells a story about a little girl, and someone who went to DL opening day.
A19) Iger cuts him off cuz he rambles too long.
Q20) How much is awarded by the Disney foundation?
A20) Tells about how to get consideration, but gives no numbers.
Those took forever. They cut off the questions there. He thanks everyone, and that's it!
I really hoped someone would ask if/when MM+ would come to DL. Bummed that it did not get asked.
Disclaimer! There may be errors here. Everything is paraphrased, nothing quoted.
"We've had four straight years of record results, driven by extraordinary creativity, innovative technology and global expansion, 2014 was in fact the best year in our history. Our revenue was up 8% to $48.8 billion, our net income was up 22% to $7.5 billion, and our EPS was up 26% to $4.26."
Researching, to rebuild the bits I got cut off for (right at the best time!)...
Mr. Iger also announced that Star Wars: Episode VIII will be released May 26, 2017, and that the first stand-alone Star Wars movie featuring characters and events beyond the core Star Wars saga will be titled Rogue One and released in December 2016. <-- So this is what -- a spinoff? Is that how you read that?
Notes on the Theme Park side of things...
60th anniversary at Disneyland, to be celebrated in true Disney style
Completed new Fantasyland and MM+
More than 10M have used magic bands, getting rave reviews
2017 avatar theme land. "Just wait until you see Pandora in person."
HK Disneyland Ironman Experience
My connection broke here. Had to reconnect after a while. I think I missed something on Star Wars. Can anyone fill in?
Studio movies will be big for 2015...
2 Marvel Movies in one year - AntMan, SpiderMan
Hold Music is Zippity Doo-Dah while they watch a trailer.
Cinderella
Tomorrowland trailer shown for the first time on a big screen - we just get hold music. This time, Under the Sea.
Animation
2 Pixar Movies coming
Inside Out (break for a clip, get to listen to Dreams Come True)
The Good Dinosaur (November)
Frozen is the most successful movie in animated history
Big Hero 6 is the 3rd of all time, behind only Frozen and The Lion King
John Lassiter speaks... Chief Creative Officer, Pixar
His big thing is Frozen Fever - they now break to show the 7-min short to only the 2nd audience to have seen it. 7 min later, back. Crowd applauds.
Olaf "loves shareholders, and ESPN". In his words.
Josh (voice of Olaf) was there. They're doing sketches, he was baited to sing... "in summer"...Big announcement from Josh (Olaf): WD Animation is working on Frozen 2. They have a great idea for a sequel.
Back to boring stuff...
Staggs to be COO. He gets recognized.
They recognize Roy P Disney.
Now they go over the board of directors. Some interesting ppl. Guys that hold or held some major roles at Starbucks, Potbelly, Estee Lauder, Seagram, Facebook, Twitter, and others.
Formal business portion... 5 things they will vote on. (boring)
* Reelect the board.
* Ratify Price Waterhouse Cooper as their auditor.
* Vote on executive compensation for named officers
* Shareholder proposal - Adopt a policy of having an independent Board Chair so that Iger cannot serve as both the COO and Board Chair.
* Shareholder proposal - Limit accelerated executive pay for senior execs.
Interesting. The Shareholder proposals seem to be anti-Iger, or anti-exec in general. In both cases the board recommended voting against. Voting done. The first 3 pass, the 2 shareholder ones fail.
Q&A...
Q1) About Figment and Dreamfinder. If now, finally, is it time to reinstate the original characters into Epcot?
A1) They took notice of the fan following, but have no plans for now.
Q2) Some problem with pin trading? And gift cards not working or something? This guy isn't very eloquent. He's rambling about gift cards and some discount.
A2) Iger seems to have no clue about what he's talking about or how to answer him. He'll put him in touch w someone.
Q3) Why does Disney mgmt oppose granting its employees some protection regarding speech or political talk that could be damaging. He's saying workers can get discriminated against if they do the wrong thing.
A3) FCC backs Disney on this.
Q4) Ooh smoking. This one should be good! In 2014 and this year, there have been no smoking images in any Disney movie. She commends them for corporate responsibility there. However Marvell Studios movies show smoking. Will Iger change this?
A4) New Marvell characters will not smoke.
Q5) Lack of quality or availability in direct to disc movies. Can you add bonus features to these and/or make them more available?
A5) Nothing interesting. Home video market is changing. These will go more digital, less physical.
Q6) Will Disney take a public position on making any movie with smoking be R-rated.
A6) No, Disney does not get involved w the MPAA other than regarding its own movies.
(not satisfied, questioner claims a million kids will die)
Q7a) What is your favorite Disney theme park ride
Q7b) Is a 3rd gate in Anaheim in the works?
A7a) Pirates (the original one in DL)
A7b) We have plans for a DL expansion that we have not announced but they do not include a 3rd gate they include expansion for the gates that do exist. They do not rule out a 3rd gate.
Q8) Will Maker Studios be as big as ESPN 20 years from now.
A8) I certainly hope so (rofl)
Q9) A 6-year old asks... who was the first Disney princess to walk on a Disney Cruise ship!
A9) Iger is stumped! Tom doesn't know. Iger doesn't know. They collaboratively agree Cinderella was there on the first cruise, among others.
Q10) Net neutrality - what does Disney think.
A10) They have not taken a formal public position.
Q11) What advice would you give a kid like him to get a job like you...
A11) Keep coming to our meetings.
Love and appreciate the company you work for, learn. Have patience, work hard, enjoy what you do, pursue opportunities.Q12) A rambler. He is annoyed that films say "Disney Presents..." on films, and emphasis is lost on Walt.
A12) It's just a shorter way to describe their brand as Disney.
Q13) CM from DL resort. He complains about wages, and making under $10/hr. Would you consider raising the min wage? Haha he ties it into the cost to go to Disneyland.
A13) He points out their agreements and being over $10/hr by 2016.
Q14) Fan asks... Discuss Bob, new head of Parks and Resorts.
A14) Not much to describe. Parks and Resorts will continue to grow. <-- Not much of an answer. I would like to have heard more about him.
Q15) Diversity. She compliments him. No real question.
Q16) A kid... Oh.. is the name of Disney's Hollywood Studios going to be changed?
A16) We're doing significant work there, but... he waffles. There is a name change coming? (he answers in the form of a question). "It will not be Rogue-1".
Q17) Can Dis/ESPN help college athletes so they don't need boosters? (?)
A17) They do pay money to colleges for the right to carry their sports on ESPN, and they scrutinize integrity.
Q18) This was something about currency impact of dollar vs euro.
A18) There was some drop of travel from Europe due to the conversion, but it was made up for elsewhere.
Q19) He compliments Iger and the board. He tells a story about a little girl, and someone who went to DL opening day.
A19) Iger cuts him off cuz he rambles too long.
Q20) How much is awarded by the Disney foundation?
A20) Tells about how to get consideration, but gives no numbers.
Those took forever. They cut off the questions there. He thanks everyone, and that's it!
I really hoped someone would ask if/when MM+ would come to DL. Bummed that it did not get asked.
Disclaimer! There may be errors here. Everything is paraphrased, nothing quoted.
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