Media Networks
of the fiscal year of 2002, ABC was figured to affiliated with 226
stations reaching virtually all of the US television households (99%). The
Company also controls ABC Radio Networks which provide service to
over 4,600 radio stations in agreement and about 133 million listeners weekly.
Programs and formats include: ABC
News Radio and other news oriented programming, talk and music programs,
ABC
Sports Radio and 24 hour music stations. Radio Disney
provides 24 hours of music and talk programming aimed
at children and 
parents. 51 stations carry Radio Disney (32 of which are
owned by The Company). ESPN Radio, the largest sports radio network in the country, can
be found on over 700 radio stations (215 full time, 4 owned by The Company).
In overview, Disney owns 9 VHF television stations, 1 UHF television station,
44 standard AM radio stations along with 18 FM radio stations.
with cable, satellite, and international programming as well. The Disney Channel
found on cable and satellite in the U.S. is servicing approximately 80
million subscribers along with another 18 million plus subscribers outside
of the U.S. via international operations. 
Programming touches a variety of genres including comedy, adventure, animated,
and education, and also includes original movies and documentaries.
Toon Disney,
formed in 2000, attracts a "family friendly" audience and is basically
programming for children. Toon Disney is now reaching over 34 million
homes. Moving to a more
adult oriented audience, SOAPnet, which
also began programming in 2000, is a channel where you can find all of your
favorite soap operas 24 hours a day. SOAPnet currently is currently
being viewed in over 25 million homes. Fox Family World Wide was purchased
by Disney 
in 2001 and was renamed ABC Family World Wide. This new operation provides
the ABC Family Channel
to about 85 million U.S. viewers, 31 million European viewers, and 13
million Latin American viewers. ESPN, Inc., has 6 domestic sports
networks in operation.
These include: ESPN and
ESPN2 (both of which reach over 85 million viewers), ESPN Classic
(47 million), ESPNEWS (38 million), ESPN Now and ESPN 
Today. ESPN, Inc., also has an international flavor spanning 25 networks
around the globe and into about 119 million homes in 140 different countries
and territories. Other extensions from ESPN, Inc. include ESPN.com,
ESPN Regional Television, ESPN Radio
(through ABC Radio), ESPN the Magazine, Sportsticker (the
leading provider of sports 
news and scores in real-time presentation), B.A.S.S. (the head bass
fishing organization), and ESPN Zone which will be mentioned in Parks
& Resorts. Lifetime
Entertainment Services provides a women's programming channel called Lifetime Television for 
about 86 million viewers. A&E Television
Networks specialize in culture and entertainment and also provides
the History Channel for
the obvious reason. E! Entertainment
Television fills close to 79 million subscribers in on entertainment
around the world and started a channel called Style, again, for the
obvious reasons.Parks & ResortsThe Walt Disney Company also operates parks and resorts around the country as well as a few
international venues. The 30,500 acres of Walt Disney
World Resort in Orlando, FL, owned by Disney's subsidiaries,
offers Magic Kingdom, Epcot, Disney-MGM Studios, and Disney's Animal
Kingdom, as well as several resort attractions ranging from rides
to sports and entertainment. On the other side of the country in Anaheim,
CA resides Disneyland.
This 450 acre resort offers Disneyland and Disney's California Adventure
as the two theme parks and various hotels, shops, entertainment, and dining.
Disney's California Adventure and Downtown Disney were part of the 2001
expansion of Disneyland. Click on the link above to learn more. The
Tokyo Disney Resort, a
494 acre resort in Tokyo, Japan, is operated by Oriental Land Company, but
still relinquishes royalties on revenues to
The Walt Disney Company. Tokyo Disney offers two theme parks,
Tokyo Disneyland and Tokyo DisneySea, a total of seven hotels, many merchandising
shops, and a retail, dining, and entertainment venue called Ikspiari. This
year is Tokyo Disney's 20th anniversary. Warning: Must learn Japanese
to surf website! Another of Disney's international venues is Disneyland Resort Paris. The
largest international venue boasts 4,800 acres of land about 20 miles east
of Paris, France and is operated by Euro Disney S.C.A. together with subsidiaries.
Celebrating its
11th year, Disneyland Paris features
Disneyland Park, Walt Disney Studios Park, a variety of seven hotels, centers
of convention, shopping, dining, and entertainment, Disney Village, and
a 27-hole golf course and facilities. Walt Disney Studios Park is a new
addition added in March 2002. Other current and future projects will be
presented in detail in the Plans section
of this site. The third of Disney's international venues will be Hong Kong Disneyland,
set to open around 2005-2006. Details regarding plans will be contained
in the Plans section of this site.
Cruise Line. The Line floats two ships called
the Disney Magic and the Disney Wonder. Both ships provide activities and
such for children and adults alike and 877 staterooms, many with ocean views.
Cruise only options include a visit to Disney's Castaway Cay, a
private Bohemian island; other options include
a visit to Walt Disney World. Through Disney
Regional Entertainment comes ESPN Zone, which combines
sports, entertainment, and dining under one interactive roof. The Studio
Grill combines dining in a studio atmosphere. The Screening Room presents
any game on air to the visitor, and The Sports 
Arena offers interactive competitions. Eight establishments are currently
entertaining
visitors across the U.S. Disney also has a part
in professional sports as well. A subsidiary,
Anaheim Sports, Inc., owns The Mighty Ducks of Anaheim
professional hockey team (NHL) and the Anaheim
Angels professional baseball team (MLB). Congratulations to the ANAHEIM
ANGELS for defeating the New York Yankees and going on to win the 2002 World
Series!Studio Entertainment
Studio Entertainment is another key area for The Walt Disney Company. Productions
are produced and distributed in four main areas: live-action and animated
motion pictures, animated television programs and series, audio entertainment,
and broadway entertainment. "Theatrical films" are handled by a subsidiary
of The Company, Walt Disney Pictures
and Television. Their main plan of action is producing and acquiring
live-action productions under Walt Disney Pictures
and Touchstone
Pictures. A second 
subsidiary, Miramax Film Corp., does the
same with productions under Miramax
and Dimension banners. "The Company also produces and
distributes animated motion pictures under the banner Walt Disney
Pictures, and co-finances and
distributes animated motion pictures developed
in conjunction with Pixar, Inc."
(SEC)
In addition to production, these subsidiaries also handle distribution in
the domestic 
market and with the aid of foreign companies,
handle distribution to foreign markets. "As of September 30, 2002,
under the banners Walt Disney Pictures, Touchstone Pictures, Hollywood
Pictures, Miramax and Dimension, 940 produced and
acquired titles, including 760 live action titles and 180 cartoon shorts
and animated features, were available to the domestic home entertainment
marketplace and 1,641 produced and acquired titles, including 1,145 live
action titles and 496 cartoon shorts 
and animated features, were available to the
international home entertainment market." (SEC)
Walt Disney
Television and Buena Vista
Television make and distribute programming globally to major broadcast
networks and cable/satellite networks.
Walt Disney Records,
which consists primarily of soundtracks to animated pictures. Hollywood Records produces
and distributes music from the popular genre and soundtracks from live-action
pictures. Lyric Street Records
is a label involved in production and distribution of music from the
country genre. The final part to
studio production is theatrical productions. As part of the Buena
Vista Theatrical Group, Disney Theatrical
Productions and Disney Live Family Entertainment produce musicals
for Broadway and venues globally. The most famous work includes "Beauty
and the Beast" and "The Lion King".
Consumer ProductsDisney operates a large chain of stores nationally and internationally specifically for Disney merchandise. Called "Disney Store", these stores are typically located in shopping malls or plazas of
the like. Disney publishes books for children and adults of the U.S. and
Europe through Disney Publishing Worldwide and Hyperion. In
addition to books, Disney also publishes a plethora of magazine titles such
as "Family Fun", "Disney Adventures", "Disney", and "Discover". "Us Weekly" also has 50% interest held
by Disney. "Disney
Interactive develops, markets, licenses and distributes globally
a variety of interactive entertainment, educational and sports computer
software and video games." (SEC)
The Walt Disney Company is one of the most powerful multimedia conglomerates in the world. It is currently strongly integrated into all forms of services ranging from worldwide television to worldwide resorts. A company such as this that spans the world and has built a reputation that makes them a household name will forever charge hard. As long as there is a demand for programs to bring the news, for cartoons to make laughter, for movies to captivate us, for sports coverage to please the avid fan, and for resorts and theme parks to put smile on faces of kids of all ages, The Walt Disney Company will be here to service those demands and will remain prominent for years to come.Information regarding finances was found via Hoover's Online, Yahoo! Finance, CNBC.com, Securities and Exchange Commission 10-K file, NYSE, and the Pacific Stock Exchange.
Theme Park and Resort Plans
international shopping center; a newly opened 150 room hotel; office,
commercial and residential space; and a regional train station. These newly
constructed businesses are operated by third parties on land leased or purchased
from Euro Disney. In addition, agreements have been signed with third party
developers to provide approximately 2,250 additional on-site hotel rooms
and/or time share units over the next three years, 1,450 of which are scheduled
to open in 2003." (SEC)
of reclamation and infrastructure by specified target dates, Hong Kong
Disneyland is currently targeted to open in 2005/2006. The master project
agreement permits further phased buildout of the development under certain
circumstances." (SEC)
Production Plans
respectively. Among these releases is the recently released "101 Dalmatians
II". See the press
release for more information. Another animated feature expected to see
much box-office revenue is the re-release of "The Lion King". Among the
live-action films to be released is "Ladder 49" starring Joaquin Phoenix
as a firefighter trapped in a fire. See Recent News
for more information on "Ladder 49". What could quite possibly be the most
anticipated release from The Walt Disney Co. this year is a new CGI version
of "The Wind in the Willows". "Willows" is to be directed by Guillermo del
Toro, whose resume contains recent gems "Blade II" and "Mimic". See Recent News for more information on "The Wind in
the Willows". In addition to full length films, The Walt Disney Co. has
plans for international cable and satellite television coming right out of
the oven. With an international repertoire already branching out to each
of the other six continents, Disney plans to start two more Disney Channels
in Scandinavia and Japan in 2003.
