<<

Disney’s Q2 FY10 Earnings Results page 2

Iron Man 2 Box Office Page 3

ABC Unveils 2010-11 Primetime Schedule Page 6

ESPN Announces MF N Schedule Page 8 In Theaters June 18th Disney Reports Q2 FY10 Earnings Results recently reported earnings for its second fiscal quarter and six months ended April 3, 2010. Diluted On June 1st, Disney’s Alice In Wonderland was released on 3-Disc earnings per share (EPS) for the second quarter increased 45% to Blu-ray Combo Pack (Blu-ray + DVD + Digital Copy). The Blu- $0.48 from $0.33 in the prior-year quarter. EPS for the current ray Disc versions of the include nine bonus features that take and prior-year quarter include the items discussed in the following viewers deeper into the “Rabbit Hole” – exploring more of the paragraph. Excluding these items, EPS increased 12% to $0.48 world of Wonderland, its iconic characters and the making of the from $0.43 in the prior-year quarter. film.

The current quarter included restructuring and impairment charges, Disney’s Alice in Wonderland recently crossed the exclusive a gain on the sale of an investment in a pay television service in $1 billion dollar mark in global box office receipts. Among the Central Europe, and an accounting gain related to the acquisition film’s achievements: the film is Disney’s biggest international of the Disney Stores in Japan, which collectively had no net film of all time, and Disney’s biggest non-sequel release of all impact on EPS. The prior-year quarter included restructuring and time. The film also had the highest-grossing non-sequel opening impairment charges which had a $0.10 per share impact on EPS. weekend in history; as well as the biggest March opening, the biggest 3D opening, and the biggest For the six month period, diluted EPS was $0.93 compared to IMAX opening $0.78 in the prior-year period. In addition to the items discussed in history. above, EPS for the current six months included restructuring and impairment charges and a gain on the sale of an investment in a television service in Europe which were recorded in the first quarter of the current year while the prior-year period included a gain on the sale of our investment in two pay television services in Latin America. Excluding these items, EPS increased 12% to $0.95 from $0.85 in the prior-year six months.

“The incredible box office performance ofDisney’s Alice in Wonderland and acquisition of Marvel, whose Iron Man 2 has grossed $334 million in global box office in its first two weeks, clearly show the benefits of investing in high quality branded content,” said , President and CEO, The Walt Disney Company. “With the economy showing signs of improvement, we’re confident our strategy is the right one to provide consumers the best in entertainment while building long-term value for our shareholders.”

For more information, including a reconciliation of non-GAAP measures to their GAAP equivalents, visit www.disney.com/ investors.

Page 2 Box Office News from

Iron Man 2, the most recent release from Marvel, has seen $580 million in worldwide box office since it was released in late April.

ABC Unveils 2010-11 Primetime Schedule Stephen McPherson, president, ABC Entertainment Group, recently outlined ABC’s plans for next season and unveiled the network’s 2010-11 fall schedule before the advertising and media communities at Lincoln Center’s Avery Fisher Hall.

New series for the 2010-11 season are Better Together, Body The Walt Disney Studios of Proof, Detroit 1-8-7, Happy Endings, Mr. Sunshine, My Names MT Carney Generation, No Ordinary Family, Off the Map, Secret Millionaire and The Whole Truth. President of Marketing

Rich Ross, chairman of The Walt Disney Studios, recently America’s Funniest Home Videos, The Bachelor, Brothers & announced that MT Carney has been named President of Sisters, Dancing with the Stars, , Extreme Marketing for The Walt Disney Studios. Carney will oversee Makeover: Home Edition, Grey’s Anatomy, Private Practice, all aspects of worldwide marketing and distribution, including Supernanny, V and 20/20 join previously announced returning all creative, media, online development, publicity, promotions series , , The Middle and . and synergy for motion pictures released under the Walt Disney Saturday Night Football also returns. Pictures (including Walt Disney Animation and Animation) and Touchstone Pictures banners. New Fall and Midseason Series

Carney and her partners co-founded Naked NY, the world’s DRAMA leading communications planning firm in 2006, creating strategic plans for large diverse groups of worldwide clients including “” Coca-Cola, Kraft, Johnson & Johnson, Google, Microsoft and Nokia. As one of seven global partners, MT was responsible for Dr. Megan strategy and product development for the 300-plus member firm. Hunt () was in Prior to launching Naked, MT was Worldwide Planning Director a class of her at Ogilvy & Mather. Carney studied French Language and own, a brilliant Literature at The Sorbonne and has been honored with numerous neurosurgeon industry awards including the IPA Grand Prix, Advertising Age’s at the top of Media Maven, Women to Watch in Campaign and multiple Media her game. Week awards. Her world is turned upside down when a devastating For the Q3 FY10 Walt Disney Studios and Walt Disney Studios car accident Home Entertainment Release Slates, please turn to Page 13 puts an end to her time in the

Page 3 operating room. Megan resumes her career as a medical examiner former classmates ten years later as they return home to rediscover determined to solve the puzzle of who or what killed the victims. that just because they’re not where they planned doesn’t mean they’re not right where they need to be. Dana Delany stars as Dr. Megan Hunt, Jeri Ryan as Dr. Kate Murphy, Geoffrey Arend as Dr. Elliot Gross, John Carroll Lynch My Generation stars Michael Stahl David as Steven, Kelli Garner as Detective Bud Morris, Windell Middlebrooks as Dr. Curtis as Dawn, Jaime King as Jacqueline, Keir O’Donnell as Kenneth, Brumfield, Nic Bishop as Peter Dunlap, and as Sebastian Sozzi as Falcon, Mechad Brooks as Rolly, Anne Son as Detective Samantha Baker. Caroline, Daniella Alonso as Brenda and Julian Morris as Anders.

Body of Proof is from ABC Studios. Christopher Murphey wrote My Generation was created and written by Noah Hawley (The the , which was directed by Nelson McCormick. Murphey Unusuals, Bones), who is also an executive producer along with and Matt Gross serve as executive producers. Warren Littlefield, Henrik Bastin, Patrick Magnasson and Martin Piersson. Craig Gillespie directed the pilot. The project is from “DETROIT 1-8-7” ABC Studios. What does it take to be a detective on “NO America’s ORDINARY most FAMILY” dangerous streets? Get The Powells ready to are about to go be part of from ordinary the action to extraordinary. when a During a family documentary vacation set up crew rolls in an attempt to with some reconnect, their of Detroit’s plane crashes into finest, offering an insider’s glimpse behind the curtain of a the Amazon River. But this is where the fun starts for the Powells Homicide Unit. as they soon discover that something’s not quite right. Each of them now possesses unique and distinct superpowers. Detroit 1-8-7 stars Michael Imperioli () as Detective Louis Fitch, Jon Michael Hill as Detective Damon Washington, () stars as Jim Powell, James McDaniel (NYPD Blue) as Sergeant Jesse Longford, (Dexter) as Stephanie Powell, Romany Malco (The 40-Year-Old Aisha Hinds () as Lieutenant Maureen Mason, Natalie Virgin) as George St. Cloud, Tate Donovan (Damages) as Mitch Martinez as Detective Ariana Sanchez, D.J. Cotrona as Detective McCutcheon, as Katie Andrews, Christina Chang John Stone, and Shaun Majumder as Detective Aman Mahajan. as Yvonne Cho, Kay Panabaker as Daphne Powell, and Jimmy Bennett as JJ Powell. The series is produced by ABC Studios. The pilot was written by Jason Richman and the executive producers are Richman, David The pilot was written and executive produced by Jon Feldman and Hoberman and Todd Lieberman, as well as executive producer executive produced by , Morgan Wandell and David David Zabel. Jeff Nachmanoff directed the pilot. Semel, who directed the pilot. Joe Hartwick, Jr. serves as producer and the series is produced by ABC Studios. “MY GENERATION”

What a difference “OFF THE MAP” ten years can make. In 2000, Executive producers Shonda Rhimes a documentary and Betsy Beers (Grey’s Anatomy, crew follows a Private Practice) and creator Jenna disparate group Bans (Grey’s Anatomy) bring you of high schoolers an uplifting medical drama that from Greenbelt explores how far you have to go to High School in truly heal. In this ensemble drama, Austin, TX, as five doctors who have their way they prepare for will go to the ends of the earth to try graduation in the to remember the reasons why they year 2000 and wanted to become doctors in the revisits these first place.

Page 4 Off the Map stars Martin Henderson as Ben Keeton, Caroline The series is from Bonanza Productions Inc. in association with Dhavernas as Lily Brenner, Enrique Murciano as Manny Diaz, Silver and Gold Productions and Warner Bros. Television. Shana Mamie Gummer as Mina Minard, Jason George as Otis Cole, Goldberg-Meehan is executive producer and writer. The pilot was Valerie Cruz as Zita (Zee) and Jose Julian as Charlie. directed by James Burrows. Off the Map is executive produced by Shonda Rhimes and Betsy Beers and created/executive produced by Jenna Bans. The series is produced by ABC Studios.

“HAPPY “THE ENDINGS” WHOLE Forget who TRUTH” gets to keep This unique the – legal drama when a couple chronicles splits the the way a real question case is built is, who gets from the to keep the perspective ? In of both the this modern defense comedy, a couple’s break up will complicate all of their friends’ and prosecution. Showing each side equally keeps the lives and make everyone question their choices. guessing, shifting allegiances of guilt or innocence until the very Happy Endings stars Elisha Cuthbert (24) as Alex, Eliza Coupe final scene. as Jane, Zachary Knighton as Dave, as Max, Damon The Whole Truth stars Rob Morrow (Numb3rs) as Jimmy Brogan, Wayans, Jr. as Brad and as Penny. Joely Richardson (Nip/Tuck) as Kathryn Peale, Eamonn Walker From executive producers Jamie Tarses, Jonathan Groff, Anthony (Oz) as Sr. ADA Terrence “Edge” Edgecomb, Sean Wing as Chad & Joe Russo, and co-executive producer David Caspe, Happy Griffin, Anthony Ruivivar as Alejo Salazar and Christine Adams as Endings examines the complex network of long-term friendships. Lena Boudreaux. The pilot was written by David Caspe and directed by Anthony & The series is produced by Bonanza Productions Inc. in association Joe Russo and is from and ABC Studios. with Television and Warner Bros. Television. The pilot was written and co-executive produced by Tom Donaghy and the executive producers are Jerry Bruckheimer and Jonathan Littman, while Alex Graves was an executive producer and director for the pilot, and KristieAnne Reed serves as a co- executive producer.

COMEDY

“BETTER TOGETHER” Maddie and Ben have been dating for nine years. Maddie’s younger sister, Mia, has been dating Casey for seven weeks. The girls’ parents, Vicky and Joel, have been married 35 years. With three very different relationships tightly intertwined in one family, will it be free thinkers versus over- thinkers, or will each couple begin to see things a little bit differently? “MR. SUNSHINE” Better Together stars JoAnna stars as Ben Donovan, the self-involved manager Garcia as Mia, Jennifer Finnigan of a second-rate sports arena, who begins to re-evaluate as Maddie, Josh Cooke as Ben, his life on his 40th birthday. Jake Lacy as Casey with Kurt Fuller as Joel and Debra Jo Rupp Mr. Sunshine stars Matthew Perry (Friends) as Ben, as Vicky. () as Crystal, Andrea Anders as Alice, James Lesure

Page 5 as Alonzo, Nate Torrence as Roman and Portia Doubleday as Heather.

Matthew Perry, Alex Barnow, Marc Firek, Jamie Tarses and Thomas Schlamme are executive producers. The pilot was written by Matthew Perry and Alex Barnow & Marc Firek and directed by Thomas Schlamme. Mr. Sunshine is a Matthew Perry Production, Shoe Money Productions, Barnow and Firek Productions and FanFare Production in association with Sony Pictures Television.

A LT E R N AT I V E S E R I E S

F a ll P r i m e t i m e S c h e d u l e ABC’s fall primetime schedule is as follows (all times listed are Eastern), new shows in bold: TIME SERIES MONDAY: 8:00 p.m. Dancing with the Stars (two-hours) 10:00 p.m. Castle*

TUESDAY: 8:00 p.m. No Ordinary Family* 9:00 p.m. Dancing with the Stars the Results Show 10:00 p.m. Detroit 1-8-7*

WEDNESDAY: 8:00 p.m. The Middle 8:30 p.m. Better Together “SECRET MILLIONAIRE” 9:00 p.m. Modern Family 9:30 p.m. Cougar Town* Secret Millionaire is a one-hour alternative series that follows some of America’s wealthiest people for one week as they leave 10:00 p.m. The Whole Truth behind their lavish lifestyles, sprawling mansions and luxury jets, conceal their true identities, and go to live and volunteer in some THURSDAY: of the most impoverished and dangerous communities in America. 8:00 p.m. My Generation* 9:00 p.m. Grey’s Anatomy* Executive Producers of Secret Millionaire include Grant 10:00 p.m. Private Practice* Mansfield, Claire O’Donohoe and Leslie Garvin. Co-executive producer is Paul Osborne and it is directed by Bruce Ready. It is an RDF USA Production. FRIDAY: 8:00 p.m. Secret Millionaire 9:00 p.m. Body of Proof * 10:00 p.m. 20/20

SATURDAY: 8:00 p.m. Saturday Night College Football

SUNDAY: 7:00 p.m. America’s Funniest Home Videos 8:00 p.m. Extreme Makeover: Home Edition 9:00 p.m. Desperate Housewives* 10:00 p.m. Brothers & Sisters*

*ABC Studios

Page 6 Walter Liss Announces Retirement, Extending the reach of ABC.com’s full episode player onto the iPad, the ABC Player app enables users to watch ad-supported Rebecca Campbell Named President select episodes from a variety of popular ABC series. The Esteemed television executive Walter application also allows iPad users to purchase downloads of Liss recently announced his retire- episodes via the iTunes store. ment as President, ABC Owned Television Stations Group. He will With the release of the ABC Player app, the Disney/ABC immediately move into a consultancy Television Group adds another first to their array of technical role for the Station Group to assist in innovations, becoming the first network to offer ad-supported full the transition. episodes on the iPad.

Walter C. Liss was appointed presi- dent, ABC Owned Television Stations Group, in May 1999.

Under Mr. Liss’s direction, the ABC Owned Television Stations Group continued to build upon its long-time leadership as a driving force in the broadcasting industry -- combining award-winning commu- nity service with outstanding ratings and financial performance.

Respected local television station executive Rebecca Campbell has been appointed to the position of President, ABC Owned Disney/ABC Television Group Television Stations Group, it was announced by Anne Sweeney, co-chairman, Disney Media Networks and president, Disney-ABC Announces Disney Junior Television Group. In this role Ms. Campbell will report directly to Disney/ABC Television Group will launch Disney Junior, a new Ms. Sweeney and have chief management responsibility for the 10 multiplatform brand and 24-hour basic cable/satellite channel ABC owned television stations and for the Group’s ABC National and online site devoted to preschool-age children. Scheduled to Television Sales rep firm. debut in the U.S. in 2012, Disney Junior will invite mom and dad to join their child in the Disney experience of magical, musical Most recently Ms. Campbell served as the President and General and heartfelt stories and characters, both classic and new, while Manager of WABC-TV in New York, the ABC Television Stations incorporating specific learning and development themes designed Group’s flagship station in the nation’s largest television market. for kids age 2-7. The new Disney Junior brand will also provide Prior to her appointment at WABC-TV in October of 2007, Ms. affiliate partners with a robust Video-On-Demand offering, a high- Campbell was the President and General Manager of WPVI-TV, definition network and a Spanish language SAP feed. the ABC owned television station in , PA. Both televi- sion stations are the highest-rated, from sign-on to sign-off, in their In the U.S., the new Disney Junior channel will take the place of respective markets. the SOAPnet channel, currently available in 75 million homes. Ms. Campbell had been President and General Manager of WPVI- Prior to the launch of the 24-hour channel, the Disney Junior brand TV since 2003. She joined the Philadelphia station in 1997 as Pro- will be introduced on ’s daily programming block gram Director and later served as Vice President of Programming. for preschoolers (currently branded Playhouse Disney). Outside the U.S., the 22 Playhouse Disney channels and blocks, currently available in 29 languages in 156 countries/territories, reaching over 45 million households, will be rebranded Disney Junior beginning ABC Finding Viewers on the iPad in 2011. Dedicated to expanding its network and channel brands across multiple platforms and connecting viewers with their Daytime Emmy favorite shows anytime and ominations anywhere, Disney/ABC Television N Group has released its ABC Player The Disney/ABC Television Group received app, with additional features now 59 nominations for the 37th Annual Daytime that Apple’s 3G iPad is available. Entertainment Emmy® Awards. The Daytime presentation will be telecast on The ABC Player app has been Sunday, June 27th, 2010 from Las Vegas for the downloaded over 760,000 times first time. Nominations were announced by the with more than 3.8 million episodes National Academy of Television Arts and Sciences of ABC series started with the app (NATAS) in . since the iPad’s April 3rd debut.

Page 7 ESPN and Comcast Announce News from Distribution Agreement for

ESPN Announces 2010 Comcast, one of the nation’s leading providers of entertainment, Monday Night Football Schedule information and communication products and services, and ESPN recently announced an agreement to provide ESPN 3D to The 41st season of Monday Night Football will kick off on ESPN Comcast’s Digital Cable customers, to bring top sports events with a doubleheader on Monday, September 13 – Baltimore to consumers in next-generation 3D. Comcast is the first cable Ravens at New York Jets (7 p.m. ET) and San Diego Chargers at affiliate to sign on to distribute ESPN’s new network that will City Chiefs (10:15 p.m. ET) – and will continue with a launch on June 11, and will include nearly 100 events in its first total of 17 prime-time games. Following a successful season that year. delivered the 15 biggest cable household audiences of the year, ESPN’s MNF schedule will feature In addition, Comcast and ESPN will provide customers access to all 12 playoff teams from 2009, select ESPN 3D events on VOD. including both the defending Super Bowl champion Saints and AFC champion Indianapolis Colts.

P r e s e a s o n Date Time (ET) Teams Aug. 12 8 p.m. Carolina Panthers at Baltimore Ravens Aug. 16 8 p.m. New York Giants at New York Jets Aug. 23 8 p.m. Arizona Cardinals at Tennessee Titans Aug. 26 8 p.m. Indianapolis Colts at Green Bay Packers

R e g u l a r S e a s o n Sept. 13 7 p.m. Baltimore Ravens at New York Jets Sept. 13 10:15 p.m. San Diego Chargers at Kansas City Chiefs Sept. 20 8:30 p.m. New Orleans Saints at San Francisco 49ers Sept. 27 8:30 p.m. Green Bay Packers at Bears Oct. 4 8:30 p.m. New England Patriots at Dolphins Oct. 11 8:30 p.m. Minnesota Vikings at New York Jets ESPN 3D Schedule Announced Oct. 18 8:30 p.m. Tennessee Titans at Jacksonville Jaguars for FIFA World Cup Oct. 25 8:30 p.m. New York Giants at Dallas Cowboys ESPN 3D, ESPN’s newest network and the first 3D network to Nov. 1 8:30 p.m. Houston Texans at Indianapolis Colts launch in the industry, will sign on the air Friday, June 11 with the Nov. 8 8:30 p.m. Steelers at Cincinnati Bengals first of 25 matches from the 2010 FIFA World Cup, as host nation plays Mexico at Soccer City in Johannesburg at 9:30 Nov. 15 8:30 p.m. Philadelphia Eagles at Washington Redskins a.m. ET. ESPN 3D will utilize a 3D world feed provided by and Nov. 22 8:30 p.m. Denver Broncos at San Diego Chargers produced by FIFA for all 25 matches.

Nov. 29 8:30 p.m. San Francisco 49ers at Arizona Cardinals ESPN 3D is just part of ESPN’s comprehensive coverage of the 2010 FIFA World Cup in South Africa. All 64 matches will be Dec. 6 8:30 p.m. New York Jets at New England Patriots aired live and in high definition on ESPN, ESPN2 and ABC, Dec. 13 8:30 p.m. Baltimore Ravens at Houston Texans and more than 50 matches will be televised live in Portuguese on ESPN Deportes. ESPN3.com, ESPN Mobile TV and ESPN Dec. 20 8:30 p.m. Chicago Bears at Minnesota Vikings International will also offer extensive coverage of the world’s most Dec. 27 8:30 p.m. New Orleans Saints at Falcons popular sporting event.

Page 8 DIGITAL

ESPN Introduces New Social Game ESPN has reached a two-year agreement with Playdom, one of the leading social gaming companies, to develop ESPN-branded sports genre games for social media platforms. The first two in development are slated to launch this Fall. The games will launch to popular social media sites like Facebook, MySpace, Bebo, 2010 Upfront Announcements Tagged and Hi5 in addition to ESPN.com and Playdom.com.

At ESPN’s recent 2010 upfront presentation in New York, brand New Apps for iPhone new programming, digital and advertising initiatives were ESPN is expanding its mobile reach announced to the press and advertisers. by introducing six local-based apps These initiatives include: for the iPhone and iPod touch. The ESPNDallas.com app will be the PROGRAMMING first to be released in the App Store, followed by , Chicago, Los ESPN 3D World Cup Schedule Angeles and New York. Additionally, ESPN 3D to feature 25 matches from the 2010 FIFA World Cup ESPN Passport will allow fans South Africa. The channel launches June 11, with distribution to chronicle their at-the-game agreements in place with Comcast and DirecTV. experiences by building a digital sports scrapbook via the app on their U:Nite mobile devices while also capturing Launching in Spring 2011, this nightly, signature show on ESPNU real-time perspective with the ability will “cheer, debate and celebrate” everything of interest to ESPN to upload photos and share viewers across sports and pop culture, including gaming, tech and commentary while at the music. Social media will play a key role in the show, and U:Nite game. will talk to students and fans on their terms, in their own voice.

High School Sports ESPN RISE, the growing brand serving male and female high school athletes with a magazine, ADVERTISING website, and online community, will also host athletic events around the country. In addition, ESPN High School Football CreativeWorks Kickoff begins August 27-29. A new service from ESPN, CreativeWorks will develop advertising for clients across ESPN’s platforms, including video, digital, print Year of the Quarterback and mobile screens. CreativeWorks will give clients the flexibility A year-long project launching January 2011, ESPN will analyze to create brand creative with a sports theme or co-branded creative this position from top to bottom across all entities (TV, mobile, with the ESPN brand. Magazine, etc). The project, an unprecedented approach to unlocking the mysteries, myths, and legends of the quarterback, “Absolute A” Position on ESPN3.com will dig into a deeper understanding of the position. Absolute A Position allows client to target the first commercial break during a user’s session, regardless of when they enter game action on ESPN3.com. The service innovates beyond the traditional commercial load, and includes dynamic display treatments.

Nación ESPN Beginning in early 2011, ESPN Deportes will launch Nación ESPN, a Spanish-language sports television show fueled by fan interaction, modeled after ESPN’s Sports Emmy-Award winning program SportsNation. Nación ESPN will be ESPN Deportes’ first studio show produced from , the largest Hispanic market in the U.S.

Page 9 ‘Summer Nightastic!’ Opens June 11 at Disneyland Resort

Summer nights at Disneyland Resort will be brighter and more exciting than ever as ‘Summer Nightastic!’ returns, bringing with it the most dazzling show of all: the new ‘World of Color.’

Presented on Paradise Bay, ‘World of Color’ is a major milestone in the multi-year expansion of Disney’s Adventure park. The show combines hundreds of versatile, performing fountains, popular Disney music and an all-new kaleidoscope of audio and visual effects, including both classic and new animation projected on giant screens of water. ‘World of Color’ takes the audience on an imaginative journey into the colorful worlds of Disney classics such as The Lion King and The Little Mermaid along with lans for isney s rt of P D ’ A Disney•Pixar includingToy Story and . Animation Resort Unveiled ‘Summer Nightastic!’ 2010 premieres Friday, June 11, and Work begins soon on an exciting new resort hotel built around the continues nightly through Sunday, Aug. 29, at Disneyland and theme of Disney animation. Disney’s Art of Animation Resort Disney’s California Adventure. ‘Magical’ fireworks continue will be one-of-a-kind, featuring family suites designed around through Labor Day weekend. ‘World of Color’ and ‘Fantasmic!’ four themes: The Lion King, , Finding Nemo and The Little will continue to entertain guests on select dates year-round. Mermaid.

Crowned by a 35-foot-tall model of King Triton, the family- friendly resort will have themed room interiors in its nearly 2,000 new units — 1,120 family suites in The Lion King, Cars and Finding Nemo wings and 864 themed rooms in The Little Mermaid wings. Suites will have both a living room and a bedroom.

Disney’s Art of Animation Resort, the 26th resort at Walt Disney World, will be one-of-a-kind, with themed building exteriors and room interiors, and larger-than-life icons from the animated films in the courtyard areas. To be located next to Disney’s Pop Century Resort, all of the themed suites and rooms at Disney’s Art of Animation Resort are expected to open by the end of 2012.

An artist from Walt Disney Imagineering puts her creative touches on a statue of King Neptune from Disney’s ‘The Little Mermaid’, using a machette of the character as a reference.

Page 10 Disney Store Launches New Store Design

Disney Store will be launching a new store design in major markets across the and Europe this summer. The innovative Disney Store design will be unveiled for the first time in June at The Shops at Montebello in Montebello, CA just outside of Los Angeles, followed by the European premiere in early July in Madrid, Spain at La Vaguada. A unique destination developed from a child’s perspective, the new store design integrates the latest technology to create an enhanced shopping experience to Release inspired by Disney’s most popular characters and stories. Disney Sing It: Family Hits

More than 20 new and remodeled Disney Store locations are Recently, Studios announced a new interactive slated to open this year in premier retail centers throughout North way for families to come together and enjoy their favorite songs America and Europe. North American locations have been from their favorite films. Disney Sing It: Family Hits is a karaoke confirmed for Roosevelt Field Mall in Garden City, New York; game featuring the most beloved songs and videos from 20 Disney Santa Monica Place in Santa Monica, California; International films, alongside vocal tips from thePrincess and the Frog’s Anika Plaza in Tampa, ; Stockton St. in San Francisco, CA; and Noni Rose. Disney Sing It: Family Hits will be available for the Fashion Valley in San Diego, CA. European locations cover PlayStation®3 system and the ™ console in summer 2010. four markets with openings in Spain, Portugal, and the UK. These include NorteShopping in Oporto, Portugal; Orio Center in Bergamo, Italy; and UK locations including Centre MK in Milton Keynes, Bon Accord Centre in Aberdeen and Donegal Place in Belfast.

Page 11 Toy Story 3: The Video Game News from to Feature Exclusive Content Disney Corporate Responsibility for PlayStation®3

Disney Interactive Studios recently announced that Toy Story 3: Disney Helps to Create The Video Game for the PlayStation®3 computer entertainment a Healthier Generation system, releasing on June 15, 2010, will exclusively feature content and gameplay available only on the PlayStation 3 system Disneynature recently announced that its “See ‘OCEANS,’ Save (PS3™). Emperor Zurg, one of the most beloved villains of the Oceans” campaign will protect more than 35,000 acres of coral reef Disney•Pixar Toy Story franchise, will be a playable character in The Bahamas on behalf of the moviegoers who came out to see exclusively on the PS3™ system. In addition, Toy Story 3: The Disneynature’s motion picture Oceans during its opening week. Video Game will be one of the first games to market featuring the Through the Disney Worldwide Conservation Fund, Disneynature PlayStation®Move’s motion controller compatible gameplay. will help establish new marine protected areas through The Nature Conservancy’s Adopt a Coral Reef program. At 55 square miles, Developed by Avalanche Software in close collaboration with this protected area of coral reefs will be almost two-and-a-half filmmakers at Pixar Animation Studios,Toy Story 3: The Video times the size of or the equivalent of more than 412 Game will debut June 15, 2010. The video game will be available Disneylands, supporting the expansion of the Westside National on all major gaming platforms, and Disney Interactive Studios Park of Andros. will be releasing a new Toy Story 3 app for the iPhone® and iPod touch®. This is the second consecutive year that Disneynature has collaborated with The Nature Conservancy to protect the planet.

For more details on Disneynature’s collaboration with The Nature Conservancy, please visit www.disney.com/Oceans.

For more information on Disney’s Corporate Responsibility activities, visit www.disneycorporateresponsibility.com.

Page 12 Walt Disney Studios Q3 FY10 Release Slate Q3 FY10 Q3 FY09 Title Studio Date Title Studio Date

Oceans Disney 4/22/10 Adventureland Miramax 4/3/09 Iron Man 2 Marvel 5/7/10 Hannah Montana: Disney 4/10/09 The Movie Disney 5/28/10 Earth Disney 4/22/09 Toy Story 3 Disney 6/18/10 Up Disney 5/29/09 The Proposal Touchstone 6/19/09 Cheri Miramax 6/26/09

Walt Disney Studios Home Entertainment Q3 FY10 Release Slate Q3 FY10 Q3 FY09 Title Date Title Date Alice in Wonderland 6/1/10 Doubt 4/7/09 Starstruck 6/8/10 Bedtime Stories 4/7/09 When in Rome 6/15/10 Morning Light 6/16/09 Confessions of a Shopaholic 6/23/09 Jonas Brothers: The Concert Experience 6/30/09 Release dates subject to change Page 13 (a) (f) 4/3/2010 3/28/2009 4/3/2010 3/28/2009 # Subscribers # Subscribers # Nielsen Households # Nielsen Households (in millions) (in millions) (in millions) (in millions) United States 98.9 97.4 ESPN 99.3 98.3 Latin America 25.0 21.1 ESPN2 98.8 97.9 10.5 8.9 ESPNEWS 72.7 68.1 9.0 8.9 ESPNU (j) 70.5 22.0 Italy 6.2 5.9 ESPN Classic 56.7 60.6 Taiwan 5.9 5.8 ESPN Deportes 5.2 4.4 France 5.5 5.3 Japan 5.1 4.8 (c) 4/3/2010 3/28/2009 Scandinavia (d) 4.8 4.7 # Nielsen Households # Nielsen Households (e) 5.5 4.2 (in millions) (in millions) 4.9 3.6 A & E International 136.1 118.2 Hungary/Czech/ 3.6 2.4 A & E Channel 99.0 98.0 Asia (b) 3.2 2.9 Lifetime Channel 99.0 98.1 (g) 2.5 2.4 The History Channel 98.4 97.6 Germany 2.1 1.8 Korea 1.8 1.3 Lifetime Movie Channel 76.6 69.0 South Africa 2.1 1.8 Biography 58.4 53.8 Portugal 2.0 1.5 History Int'l 57.4 52.7 Israel 1.2 0.9 Lifetime Real Women 15.0 12.9 Turkey 1.1 1.0 Other Cable Properties (c) Benelux 3.9 0.0 4/3/2010 3/28/2009 # Nielsen Households # Nielsen Households Serbia 0.5 0.1 (in millions) (in millions) Middle East (e) 0.4 0.4 ABC Family 98.4 97.4 Angola 0.2 0.2 Disney XD International (h) (i) 86.5 82.9 Malta 0.1 0.1 Disney XD Domestic (h) 76.4 74.5 International Sub-Total 107.1 90.0 SOAPnet 74.8 71.1 Worldwide Total 206.0 187.4 Playhouse Disney 42.6 34.1 Hungama 10.9 9.0 Disney Cinemagic 9.9 9.6 (a) United States reflects Nielsen households; International Disney Channels reflect Jetix Play 3.4 4.7 reported subscribers. (b) Includes Brunei, Cambodia, , Indonesia, Malaysia, Palau, Papua New Guinea, Singapore, Thailand, Philippines and Vietnam. (c) A&E International, Lifetime Real Women, Disney Cinemagic, Hungama, Jetix Play and Disney XD International based on reported subscribers. (d) Includes Sweden, , Denmark, and . (e) Estimated data. (f) ESPN includes domestic Nielsen households only. (g) Numbers include . (h) Toon Disney was rebranded as Disney XD. (i) Many of the Disney XD channels were previously Jetix channels. (j) ESPN U based on reported subscribers.

Page 14 Please note: This newsletter has been prepared by the Investor Relations group of The Walt Disney Company solely for the information of shareholders of the company. It is not intended to be a recommendation with respect to investment decisions. All information contained in this newsletter is presented as of the date indicated below, and the company assumes no duty to confirm, revise or update the information. Certain statements in this newsletter may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of our views and assumptions regarding future events and business performance as of the time the statements are made and we do not undertake any obligation to update these statements. Actual events may differ materially from those expressed or implied. Such differences may result from actions taken by the Company, as well as from developments beyond the Company’s control, including international, political, health concern and military developments and changes in domestic and global economic conditions that may affect our businesses generally. Additional factors are set forth in the Company’s Annual Report on Form 10-K for the year ended October 3, 2009 and in subsequent reports on Form 10-Q under Item 1A “Risk Factors.” Reconciliations of non-GAAP financial measures to equivalent GAAP financial measures are available on Disney’s Investor Relations website.

June 10, 2010

Design and page layout by Brian Rishel, Disney Media Services, Burbank, CA.

Page 15