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DISNEY ’S Q2 FY08 EA RNINGS RES U LTS PAGE 2 ST ud IO ROLLS O U T ANIM A TION SL A TE THRO U GH 2012 PAGE 2 ABC UPFRONT PRESENT A TION PAGE 5 CA MP RO C K SET FOR JUNE 27 WORL dw I D E ROLL OU T PAGE 7 DISNEY TA KES CONTROL OF NORTH AMERI ca N DISNEY STORES PAGE 10 Q2 FY08 THE WALT DISNE Y STU D IOS ROLLS UT LATE O F E W NIMATE D EARNINGS RESULTS O S 10 N A MOTION PICTURES THROUGH 2012 On May 6, 2008, The Walt Disney Company reported earnings for the second fiscal quarter and six months ended March 29, 2008. The Walt Disney Studios recently unveiled a diverse and ambitious Diluted earnings per share (EPS) for the second quarter increased slate of 10 new animated feature films from Walt Disney and Pixar to $0.58, compared to $0.44 in the prior-year quarter. Earnings per Animation Studios to be released through the year 2012. share from continuing operations in the prior-year quarter totaled $0.43. The line-up includes new films from Disney and Pixar’s accomplished team of filmmakers, and features vocal performances For the six-month period, diluted EPS was $1.21. EPS for the by top celebrity talents. The roster of new animated features prior-year six month period, which included gains on sales of our includes six new films from Pixar Animation Studios, four from interests in E! Entertainment and Us Weekly, income from the Walt Disney Animation Studios, and the first four in a series of discontinued operations of the ABC Radio business, and an equity- direct-to-DVD films featuring Disney Fairies from DisneyToon based compensation plan modification charge, which were all Studios. recognized in the first quarter of fiscal 2007, were $1.24. Excluding these items, EPS for the six-month period increased 30% to $1.21 Starting later this year with the release of Disney’s Bolt, with the from $0.93 in the prior-year six months. exception of Princess and the Frog, all Disney and Pixar animated features will be presented in state-of-the-art Disney Digital “We had an outstanding quarter financially and creatively at The 3-D™. Additionally, newly converted 3-D versions of Walt Disney Company,” said Robert A. Iger, president and the beloved classics, Toy Story and Toy Story 2, are set chief executive officer. “This performance demonstrates to debut in 2009 and 2010 respectively. how The Disney Difference gives us a critical and sustainable market advantage. That difference centers on our proven ability to create high-quality content across our wide-ranging distribution and promotional platforms, Swinging into theatres November 26th, allowing us to leverage our hits and grow our company.” is Walt Disney Pictures’ feature animation, Bolt. For further details, including reconciliations of non- GAAP measures to their GAAP equivalents, please visit www.disney.com/investors. Shareholders Re-Elect All 12 Directors at The Walt Disney Company Annual Meeting Shareholders of The Walt Disney Company at the 2008 Annual Meeting elected all 12 members of the Board of Directors and supported Board recommendations on the Company’s auditor and stock and executive compensation plans. PAGE 2 2010 TOY STORY 2 in 3-D (Domestic Release Date: Feb. 12th, 2010) Pixar Animation Studios Director: John Lasseter Voice Talent: Tom Hanks, Tim Allen, Joan Cusack, Kelsey Grammer, Don Rickles, Estelle Harris, Jim Varney, Wallace RELEASE SCHEDULE 2008 - 2012: Shawn, John Ratzenberger TOY STORY 3 2008 (Domestic Release Date: June 18th, 2010, Disney Digital 3-D™) Pixar Animation Studios WALL•E Director: Lee Unkrich (Domestic Release Date: June 27th, 2008) Voice Talent: Tom Hanks, Tim Allen, Joan Cusack, Don Rickles, Pixar Animation Studios Wallace Shawn, Estelle Harris, John Ratzenberger, Ned Beatty Director/Screenwriter: Andrew Stanton Voice Talent: Fred Willard, Jeff Garlin, RAPUNZEL Sigourney Weaver, John (Domestic Release Date: Christmas 2010, Disney Digital 3-D™) Ratzenberger, Kathy Najimy Walt Disney Animation Studios Directors: Glen Keane, Dean Wellins BOLT (Domestic Release Date: Nov. 26th, 2008, Disney Digital 3-D™) TINKER BELL A MIDSUMMER STORM* Walt Disney Animation Studios (Disney DVD and Blu-ray Release Date: 2010) Directors: Chris Williams, Byron Howard DisneyToon Studios Voice Talent: John Travolta, Miley Cyrus, Susie Essman Director: Carolyn Gair TINKER BELL (Disney DVD and Blu-ray Release Date: Oct. 28th, 2008) 2011 DisneyToon Studios NEWT Director: Bradley Raymond (Domestic Release Date: Summer 2011, Disney Digital 3-D™) Pixar Animation Studios 2009 Director: Gary Rydstrom UP THE BEAR AND THE BOW (Domestic Release Date: May 29th, 2009, Disney Digital 3-D™) (Domestic Release Date: Christmas 2011, Disney Digital 3-D™) Pixar Animation Studios Pixar Animation Studios Director: Pete Docter Director: Brenda Chapman Voice Talent: Ed Asner, Christopher Plummer, John Ratzenberger, Voice Talent: Reese Witherspoon, Billy Connolly, Emma Jordan Nagai Thompson TOY STORY in 3-D TINKER BELL A WINTER STORY* (Domestic Release Date: Oct. 2nd, 2009) (Disney DVD and Blu-ray Release Date: 2011) Pixar Animation Studios DisneyToon Studios Director: John Lasseter Producer: Sean Lurie Voice Talent: Tom Hanks, Tim Allen, Don Rickles, Jim Varney, Wallace Shawn, John Ratzenberger 2012 THE PRINCESS AND THE FROG CARS 2 (Domestic Release Date: Christmas 2009) (Domestic Release Date: Summer 2012, Disney Digital 3-D™) Walt Disney Animation Studios Pixar Animation Studios Directors: John Musker, Ron Clements Director: Brad Lewis Voice Talent: Anika Noni Rose, Keith David, Jenifer Lewis, John Goodman KING OF THE ELVES TINKER BELL NORTH OF NEVER LAND* (Domestic Release Date: Christmas 2012, Disney Digital 3-D™) Walt Disney Animation Studios (Disney DVD and Blu-ray Release Date: 2009) Directors: Aaron Blaise, Robert Walker DisneyToon Studios Director: Klay Hall * indicates a working title PAGE 3 THE WALT DISNE Y STU D IOS LAUNCH NE W S FROM The Walt Disney Studios is launching Disneynature, a prestigious Disney Live! Presents Three Classic Fairy Tales Worldwide new production banner that will literally go to the ends of the earth to produce major big screen nature documentaries, Walt Disney The time-honored stories of Snow White and the Seven Dwarfs, Studios chairman Dick Cook announced. Cinderella and Beauty and the Beast will spring from the storybooks and onto the stage in Disney Live! presents Three Disney veteran Jean-Francois Camilleri, who has served as senior Classic Fairy Tales, it was recently announced. vice president and general manager for Walt Disney Studios Motion Pictures France, will head the new unit, which will be The first Disney Live! show will debut in Asia. It will make its based in France. debut at the Shanghai Oriental Art Center in Shanghai on Tuesday, Among the first films to be released domestically under the new May 27 and then continue to Beijing and nine other cities in China label will be Earth, from award-winning British producer/director before heading to other destinations throughout Asia. Alastair Fothergill, whose credits include the landmark Planet Earth series for the BBC and The Discovery Channel and The Blue Planet. Earth, which is produced by BBC Worldwide and Greenlight Media and co-directed by Mark Linfield, will take us on a tour of our home planet as we’ve never seen it before. It will be narrated by renowned actor James Earl Jones and will premiere theatrically on Earth Day, April 22, 2009. The film will also be released under the Disneynature banner in Latin America. Among the other Disneynature projects currently in development or production are: C The Crimson Wing: Mystery of the Flamingos Worldwide roll-out begins December 2008 C Oceans Domestic release 2010 The Lion King Receives 3 Moliere Awards C Orangutans: One Minute to Midnight The Lion King (‘Le Roi Lion’) received three Moliere Awards Worldwide release 2010 (France’s Tony Award) on Tuesday, April 29 for Best Musical, Best Costumes and Best Lighting for the French production, C Big Cats which is playing at the Théâtre Mogador in Paris. Le Roi Lion Worldwide release 2011 has been seen by 350,000 spectators in seven months, and has C Naked Beauty: A Love Story that Feeds the Earth extended its run through August 3rd. It was Worldwide release 2011 also announced that new season begins C Chimpanzee August 19th, also at Worldwide release 2012 the Théâtre Mogador. For more updates go to http://www.disney.com/nature (domestic) and http://www.disneynature.com (international). For the Q3 FY08 Walt Disney Studios Release Slate, please turn to page 12. For Walt Disney Studios Home Entertainment Release Slates, please turn to Page 12. PAGE 4 NE W FA LL SERIES UNVEILS 2008-09 PRIMETIME SC HE du LE Life on Mars ABC’s fall primetime schedule is as follows (all times listed are is based on the BBC series created by Matthew Gra- Eastern, with new shows in blue bold): ham, Tony Jordan and Ashley Pharoah. The series revolves around Sam Tyler, a modern-day police detective who, after a car crash, mysteriously finds himself transported back to 1973 and still work- M ON da Y ing as a detective. 8:00 p.m. “Dancing with the Stars” 9:30 p.m. “Samantha Who?” Life on Mars stars Jason O’Mara as Sam Tyler, Rachelle LeFevre as Annie Cartwright, Colm Meaney as Gene Hunt, Stephanie Ja- 10:00 p.m. “Boston Legal” cobsen as Maya, Lenny Clarke as George Randall, Patrick Wenk- Wolff as Colin Raimes and Richard Benjamin as Milton Kornboll. T U ES da Y The series is produced by Twentieth Century Fox Television and 8:00 p.m. “Opportunity Knocks” ABC Studios. 9:00 p.m. “Dancing with the Stars the Results Show” 10:00 p.m.