Today in Disney History

[Luv2Roam]

Thopught these are interesting:

1940:
Walt Disney Productions offers shares in the company to the public for the first time. 155,000 shares of preferred stock are offered at $25 per share and 600,000 of common stock for $5 per share.

1954:
Disney and ABC sign an agreement regarding the building of "Disneylandia." ABC advances Disney $500,000 in cash and guarantees all bank loans. In exchange, ABC receives 35% ownership of Disneylandia, 100% of all profits from the park's food concessions for 10 years, and an 8-year commitment from Disney for use of its library of films to be aired as one-hour television programs.

1994:
Disney CEO Frank Wells is killed in a helicopter crash on a skiing trip. (Billy Joel and Christie Brinkley escapes injury in a similar simultaneous helicopter accident.) Clint Eastwood had turned down the ride in Wells' helicopter. (Wells' death will spark the breakup between Jeffrey Katzenberg and Michael Eisner and lead to the creation of Dreamworks SKG.)

From: http://thisdayindisneyhistory.homestead.com/Apr02.html

 

[neosnightmare]

thats pretty interesting. 25 dollars back then was a lot...but it was preferred stock. like i no the difference....