<<

Fact Book 2010 MANAGEMENT TEAM Board of Directors 3 Senior Corporate Officers 4 Principal Businesses 5

OPERATIONS DATA Studio Entertainment 6 Parks and Resorts 8 Consumer Products 11 Media Networks 12 Interactive Media 14

COMPANY HISTORY 2011 16 2010 - 1999 17 - 20 1998 - 1923 21 - 24

Table of Contents 2 BOARD OF DIRECTORS As of 3/13/12

Susan E. Arnold John S. Chen Judith L. Estrin Robert A. Iger

Fred H. Langhammer Aylwin B. Lewis Monica C. Lozano Robert W. Matschullat

Sheryl Sandberg Orin C. Smith

Management Team 3 SENIOR CORPORATE OFFICERS As of 3/13/12

Robert A. Iger Chairman and

Andy Bird Chairman International

Alan N. Braverman Senior Executive , and Secretary

Ronald L. Iden Senior Vice President, Global Security

Kevin A. Mayer Executive Vice President, Corporate Strategy and Business Development

Christine . McCarthy Executive Vice President, Corporate Real Estate, Sourcing, Alliances, and Treasurer

Zenia B. Mucha Executive Vice President, Corporate Communications

Jayne Parker Executive Vice President and Chief Officer

Jay Rasulo Senior Executive Vice President and

Brent A. Woodford Senior Vice President, Planning and Control

Management Team 4 PRINCIPAL BUSINESSES As of 3/13/12

STUDIO ENTERTAINMENT Chairman, The Walt Disney Studios

PARKS AND RESORTS Thomas O. Staggs Chairman, Walt Disney Parks and Resorts Worldwide

MEDIA NETWORKS George W. Bodenheimer Executive Chairman, ESPN, Inc. Disney Media Networks

John Skipper President, ESPN, Inc. and Co-Chairman, Disney Media Networks, ESPN

Anne Sweeney Co-Chair, Disney Media Networks and President, Disney/ABC Group

CONSUMER PRODUCTS

Bob Chapek President,

INTERACTIVE MEDIA Jimmy Pitaro Co-President, Media Group

John Pleasants Co-President, Disney Interactive Media Group and General Manager,

Management Team 5 Key Businesses and Websites FY11 Key Theatrical Releases Theatrical Title Banner Release Date The Walt Disney Studios waltdisneystudios.com Q1 Walt Disney Animation Studios disneyanimation.com Secretariat Disney 10/08/10 Animation Studios pixar.com Disney 11/24/10 Marvel marvel.com/movies The Tempest Touchstone 12/10/10 disneynature.com : Legacy Disney 12/17/10

Home Entertainment Q2 Disney Blu-ray disneybluray.com Gnomeo & Juliet Touchstone 02/11/11 Disney Blu-ray 3D disneybluray3D.com I Am Number Four Touchstone 02/18/11 Disney DVD disneydvd.com Disney 03/11/11 Disney Second Screen disneysecondscreen.com

Disney Music Group Q3 African Cats Disneynature 04/22/11 disneyrecords.com Prom Disney 04/29/11 Records hollywoodrecords.com Thor* Marvel 05/06/11 : Disney 05/20/11 Disney Theatrical Productions disneyonbroadway.com 2 Pixar 06/24/11 Disney Live! disneylive.com disneyonice.com Q4 Disney Musicals Licensing disneytheatricallicensing.com Winnie the Pooh Disney 07/15/11 Captain America: Marvel 07/22/11 The First Avenger* The Help Touchstone 08/10/11 Fright Night Touchstone 08/19/11 (3D) Disney 9/16/11

* Distributed by Paramount

Studio Entertainment 6 FY11 Key Home Releases Title Date Q1 Beauty and the Beast1 10/5/10 Oceans 10/19/10 3 11/02/10 A Christmas Carol 11/16/10 The Search for Santa Paws 11/23/10 The Sorcerer’s Apprentice 11/30/10 11/30/10 Step Up 3D 12/21/10

Q2 Secretariat 01/25/11 2 02/01/11 02/08/11 Bambi2 03/01/11 Tangled 03/29/11

Q3 TRON: Legacy 04/05/11 Sharpay’s Fabulous Adventure 04/19/11 Gnomeo & Juliet 05/24/11 I Am Number Four 05/24/11

Q4 Mars Needs Moms 08/09/11 Prom 08/30/11 Thor* 09/13/11 The Tempest 09/13/11 Spooky Buddies 09/20/11

1 Blu-ray only on 10/5/10; DVD release on 11/23/10 2 Blu-ray only on 3/1/11; DVD release on 4/19/11 * Distributed by Paramount

Studio Entertainment 7 Key Business Websites

Walt Disney World Resort disneyworld.com Resort disneyland.com , a Disney Resort & Spa aulani.com disneylandparis.com Hong Kong hongkongdisneyland.com shanghaidisneyresort.com Disney Resort tokyodisneyresort.co.jp disneyvacationclub.com disneycruise.com adventuresbydisney.com Theme Park Opening Dates Date Park Location July 1955 Anaheim, October 1971 Lake , Florida October 1982 Lake Buena Vista, Florida April 1983 , Chiba, May 1989 Disney’s Hollywood Studios Lake Buena Vista, Florida April 1992 Disneyland Park Paris Marne La Valle, France April 1998 Disney’s Animal Kingdom Lake Buena Vista, Florida February 2001 Disney California Adventure Anaheim, California September 2001 Tokyo DisneySea Urayasu, Chiba, Japan March 2002 Marne La Valle, France September 2005 Lantau Island, Hong Kong, China In Construction Pudong District, Shanghai, China

Walt Disney World Ticket Pricing (as of the end of FY2011) Base Ticket Ticket Options Theme Park Water fun & Ages 10+ Ages 3-9 Hopper Option No Expiration Days More 1-day $85 $79 $35 $55 (2 visits) N/A 2-day $168 $155 $55 $55 (2 visits) $25 3-day $232 $214 $55 $55 (3 visits) $35 4-day $243 $224 $55 $55 (4 visits) $75 5-day $251 $232 $55 $55 (5 visits) $115 6-day $259 $240 $55 $55 (6 visits) $130 7-day $267 $248 $55 $55 (7 visits) $160 8-day $275 $256 $55 $55 (8 visits) $195 9-day $283 $264 $55 $55 (9 visits) $220 10-day $291 $272 $55 $55 (10 visits) $225

Parks and Resorts 8 Walt Disney Parks and Resorts Fact Sheet (All figures are approximations as of end of Fiscal Year 2011) Resort Size # of Hotels / Business Unit Opened (Acres) (a) Venues (b) # of Hotel Rooms

Walt Disney World Resort 25,000 (c) 17 (d) 22,350 Magic Kingdom 1971 Epcot 1982 Disney’s Hollywood Studios 1989 Disney’s Animal Kingdom 1998 Disney’s Typhoon Lagoon 1989 Disney’s Blizzard Beach 1995 ESPN Wide World of Sports 1997 Disneyland Resort 510 (e) 3 2,400 Disneyland Park 1955 Disney California Adventure 2001 Aulani, a Disney Resort & Spa 2011 21 1 359 (f) Disneyland Paris (g) 5,510 (c) 7 5,760 Disneyland Park 1992 Walt Disney Studios Park 2002 Hong Kong Disneyland Resort (h) 2005 311 (c) 2 1,000 Shanghai Disney Resort (i) In Construction 963 2 1,220 (j) 494 3 1,710 Tokyo Disneyland 1983 Tokyo DisneySea 2001 Disney Vacation Club 1991 N/A 11 (k) 3,267 Disney Cruise Line 1998 964 ft. N/A 877 1999 964 ft. N/A 877 2011 1,115 ft. N/A 1,250 2012 1,115 ft. N/A 1,250 Adventures by Disney 2005 N/A 22 (l) N/A 1952 N/A N/A N/A

TOTAL Hotels Built: 44 TOTAL Hotel Rooms Built (excl. Cruise Staterooms): 36,800+ (a) Includes theme parks, hotels, dining and entertainment areas and surrounding land (b) Includes only hotels and Disney Vacation Club properties owned and operated by ; Euro Disney S.C.A.; Hong Kong International Theme Parks, Ltd.; the Company’s joint venture with Shanghai Shendi (Group) Co., Ltd; and Oriental Land Co., Ltd. (c) Total acreage, including undeveloped land (d) Includes Disney’s Fort Wilderness Resort & Campground, but does not include Disney Vacation Club properties (e) Total acreage including 461 Company owned acres and 49 acres under long-term lease in Anaheim, CA (f) Represents hotel rooms only. The resort is also home to a 481 unit Disney Vacation Club facility that is being constructed in phases (g) The Walt Disney Company has an indirect investment in Euro Disney S.C.A., a publicly held French entity that owns Disneyland Paris. A of The Walt Disney Company manages the resort and another subsidiary earns royalties on Disneyland Paris revenues (h) The Walt Disney Company owns a 47% interest in the Hong Kong Disneyland Resort through Hongkong International Theme Parks Limited. A separate Hong Kong subsidiary of the Company is responsible for managing Hong Kong Disneyland Resort (i) The Walt Disney Company has a majority stake in the management company and 43% ownership of Shanghai Disney Resort, which is under construction (j) A subsidiary of The Walt Disney Company earns royalties on revenues generated by the Tokyo Disney Resort, which is owned and operated by Oriental Land Co., Ltd., a Japanese corporation (k) Includes the seven Disney Vacation Club properties at the Walt Disney World Resort, one property at Disneyland Resort, and three beach resorts including Aulani, a Disney Resort & Spa, Ko Olina, Hawai’i (l) Adventures by Disney provided 22 specialized excursion packages during 2011

Parks and Resorts 9 Disney Vacation Club Properties Property Opening Date 2-Bedroom Villas

Disney’s Old Key West Resort December 1991 558 Disney’s Vero Beach Resort October 1995 104 Disney’s Hilton Head Island Resort March 1996 107 Disney’s BoardWalk Villas July 1996 282 The Villas at Disney’s Wilderness Lodge November 2000 114 Disney’s Beach Club Villas July 2002 177 1 Disney’s Saratoga Springs Resort & Spa May 2004 924 Disney’s Animal Kingdom Villas July 2007 449 at Disney’s Contemporary Resort August 2009 295 The Villas at Disney’s Grand Californian Hotel & Spa September 2009 50 2 Aulani, a Disney Resort & Spa, Ko Olina, Hawai’i August 2011 207 TOTAL 3,267 1 Disney’s Saratoga Springs Resort & Spa includes 60 2-bedroom equivalent Treehouse Villas which opened in June 2009

2 Aulani is opening in phases, with 207 2-bedroom equivalent villas completed by October 1, 2011 and an additional 274 scheduled to open, for a total of 481. The resort also has a total of 359 traditional hotel rooms

Note: In December 2011, the Company announced plans to build vacation club units at Disney’s Grand Floridian Resort by late 2013

Parks and Resorts 10 Key Businesses and Websites Disney Merchandise Licensing Disney Toys Disney Fashion & Home Disney Food, Health & Beauty Disney Stationery disneystore.com Disney Publishing Worldwide Disney Global Book Group disneybooks.com Disney Digital Books disneydigitalbooks.com disneyenglish.com Disney FamilyFun familyfun.com Disney babyeinstein.com Disney Baby disneybaby.com

Consumer Products 11 Business Websites ABC Owned Television Stations Broadcast ABC Television Network abc.com Market Station ABC Daytime abc.com/daytime New York, NY WABC ABC News abcnews.com , CA KABC ABC Sports .com/abcsports , IL WLS ABC Kids tv.disney.go.com/abckids Philadelphia, PA WPVI Disney-ABC TV Group disneyabctv.com San Francisco, CA KGO Hyperion Books hyperionbooks.com Houston, TX KTRK Owned and Operated TV Stations abclocal.go.com Cable Raleigh-Durham, NC WTVD ESPN, Inc. espn.com Fresno, CA KFSN ESPN2 espn.com ESPN Classic espn.com/classic ESPNEWS .com Percentage Ownership of ESPN Deportes espndeportes.com Significant Cable Properties ESPNU .com ESPN3 .com Property Ownership % ESPN Mobile Properties espnmobile.com ESPN Boston espnboston.com ESPN ESPN Chicago espnchicago.com ESPN 80 ESPN Dallas espndallas.com ESPN2 80 ESPN Los Angeles espnlosangeles.com ESPNEWS 80 ESPN New York espnnewyork.com ESPN Classic 80 ESPN Radio Network espnradio.com ESPN Deportes 80 ESPN The Magazine espnmag.com ESPNU 80 ESPN America espnamerica.com ESPN Soccernet espnsoccernet.com ESPN International .com Disney Channels Worldwide .com 100 A&E aetv.com 100 A&E International aetninternational.com Disney XD 100 ABC Family abcfamily.com The Biography Channel biography.com ABC Family 100 Disney Channel disneychannel.com disney.co.uk/DisneyChannel/cinemagic SOAPnet 100 Disney XD disneyxd.com The History Channel history.com History International historyinternational.com A&E/Lifetime Hungama hungamatv.com A&E 42 Lifetime mylifetime.com Lifetime Television 42 Lifetime Movie Network lmn.tv The History Channel 42 Lifetime Real Women mylifetime.com/lrw Lifetime Movie Network 42 playhousedisney.com The Biography Channel 42 SOAPnet soapnet.com History International 42 Lifetime Real Women 42 Network radiodisney.com

Media Networks 12 Cable Subscribers

Disney Channel (a) ESPN (f) (g) 12/31/11 1/1/11 12/31/11 1/1/11 # subscribers # subscribers # Nielsen # Nielsen Territory (in millions) (in millions) Households Households Channel (in millions) (in millions) 98.7 99.4 ESPN 99.1 99.8 Latin America 36.1 29.6 ESPN2 99.0 99.7 9.7 6.8 ESPNEWS 74.2 73.2 11.4 9.1 ESPNU (g) 72.7 72.3 Italy 5.2 5.8 ESPN Classic 32.8 38.5 Taiwan 6.0 6.0 ESPN3(h) 71.6 65.0 France 17.3 5.7 Japan 5.8 5.5 Scandinavia (b) 4.9 4.8 AETN/Lifetime (f) Poland 6.5 5.8 (c) 12/31/11 1/1/11 Romania 5.4 5.4 # Nielsen # Nielsen Hungary/Czech/Slovakia/Slovenia 4.2 3.9 Households Households Channel (in millions) (in millions) (d) 3.4 3.2 (e) 2.7 2.6 A & E Channel 99.1 99.8 Germany 2.8 2.4 Lifetime Television 99.0 99.7 Korea 6.7 1.7 HISTORY 98.8 99.1 South 2.0 1.9 Lifetime Movie Network 82.4 80.1 Russia 5.6 3.4 The Biography Channel 66.8 62.3 Portugal 2.4 2.2 History International 65.7 61.4 Israel 1.1 1.2 Lifetime Real Women (g) 15.2 16.2 Turkey 1.5 1.4 Benelux 9.0 5.4 Serbia 1.0 0.9 Ukraine (c) 0.6 0.4 Other Cable Properties 0.5 0.5 12/31/11 1/1/11 Angola 0.3 0.2 # Nielsen # Nielsen Malta 0.5 0.5 Households Households Channel (in millions) (in millions) International Sub-Total 152.5 116.3 (i) Worldwide Total 251.2 215.7 ABC Family 97.5 98.5 (g) (a) United States reflects estimated subscriber counts according to Nielsen Media Research; International Disney XD International 89.9 81.9 Disney Channels reflect reported subscribers. (b) Includes Sweden, Norway, Denmark, and Finland. Disney XD Domestic (i) 78.3 77.9 (c) Ukraine was previously reported under Romania. (d) Includes Brunei, Cambodia, Hong Kong, Indonesia, Malaysia, Palau, Papua New Guinea, Singapore, (i) Thailand, Philippines and Vietnam. SOAPnet 73.8 75.2 (e) Numbers include . (g) (f) ESPN and AETN/Lifetime based on estimated U.S. subscriber counts according to Nielsen Media Re- Disney Jr. International 62.0 46.2 search, except as noted. Our ownership interest in ESPN and AETN/Lifetime is 80% and 42%, respectively. ESPN and A&E programming is also distributed internationally through other networks (g) ESPNU, Lifetime Real Women, Disney XD Intl and Disney Jr. Intl based on reported subscribers. (h) Represents estimated broadband subscribers for December 2011 and December 2010 for the current and prior periods, respectively. (i) Based on estimated U.S. subscriber counts according to Nielsen Media Research.

Media Networks 13 Key Business Websites Disney Interactive Studios disneyinteractivestudios.com Disney Online disney.com* Disney Online Mom & Family Portfolio Babble babble.com DisneyBaby.com disneybaby.com BabyZone babyzone.com DisneyFamily.com disneyfamily.com Disney Online Studios Club Penguin clubpenguin.com Pixie Hollow pixiehollow.com Disney’s Toontown Online toontown.com Pirates of the Caribbean Online piratesonline.com .com/disneymobile Playdom playdom.com * There are 35 localized international Disney.com sites around the world, serving 70 countries.

Game Development Studios Studio Acquisition Date

Avalanche Software 4/19/2005 Junction Point Studios 7/13/2007 Gamestar 4/8/2008 9/8/2009 Tapulous 7/1/2010 Playdom 7/27/2010

Interactive Media 14 Disney Interactive Studios FY11 Release Slate In Store Date Title Platform ESRB* Q1 10/12/2010 Disney Sing It: Party Hits PS3 E 10/19/2010 Cars Toon: Mater’s Tall Tales Wii E 10/26/2010 Disney Channel All Party Wii E 11/16/2010 : Spellbound DS E 11/16/2010 Split Second PSP PSP E10+ 11/23/2010 Disney Tangled Wii DS E 11/30/2010 Disney Epic Mickey Wii E 12/7/2010 TRON: Evolution DS PC PS3 PSP Wii X360 E10+ / T

Q3 5/10/2011 Lego Pirates of the Caribbean DS PS3 PSP Wii X360 PC E10+ 6/21/2011 Wii DS PS3 X360 PC E10+

Q4 8/2/2011 : Across the 2nd Dimension PS3 Wii DS E10+ 8/4/2011 Disney's Epic Mickey (Japan Only) Wii Q4 Stitch Jam 2 (Japan Only) DS Q4 Winnie the Pooh (Japan Only) DS PSP

* Entertainment Software Rating Board

Interactive Media 15 2011 September 20, 2011 AVATAR Coming to life at Disney Parks November 22, 2011 Disney Parks and Resorts announces an agreement is Named President of ESPN with filmmaker and Fox Filmed ESPN’s executive vice president, Entertainment to bring the world of AVATAR to life at content, John Skipper is named ESPN Disney parks with the first at Walt Disney World in President and Co-Chairman Disney Orlando. Media Networks effective January 1, 2012. September 9, 2011 New President of Disney Consumer Products Robert Chapek is named President of Disney Consumer October 27, 2011 Products. Chapek will oversee a newly formed Free-to-air Disney Channel in Russia companywide consumer products The Walt Disney Company and UTH Russia announce organization, which consolidates retail that the two companies will launch an ad-supported and licensing across Disney’s lines of free-to-air Disney Channel in Russia. The broadly- business. Prior to the announcement, distributed channel will feature Disney’s popular Mr. Chapek ran The Walt Disney signature programming, as well as original Russian Studios’ distribution and oversaw content. The channel launched December 31, 2011. the delivery of all motion pictures and television content across the theatrical exhibition, home entertainment, pay TV, digital formats, and other new media. October 7, 2011 Disney’s Board of Directors Extends Contract to 2016 for Robert A. Iger Disney’s Board of Directors announces an extension of ’s contract through June 2016 as part of the company’s ongoing succession planning. Iger assumed the role of Chairman in addition to Chief Executive Officer following Chairman John E. Pepper’s retirement from the board at Disney’s 2012 annual shareholder meeting.

October 5, 2011 Passes Away April 08, 2011 Visionary business leader, and Disney board member, Shanghai Disney Resort Ground Breaking Steve Jobs, passes away. The Walt Disney Company and Shanghai Shendi Group, its joint venture partner in China, mark the start of construction on the first Disney resort in mainland China at a groundbreaking ceremony. The new Shanghai Disney Resort is slated to open in approximately five years.

History 16 2010 - 1999 October 5, 2009 Rich Ross Named Chairman of The Walt Disney Studios August 27, 2010 Rich Ross, President of Disney Disney•Pixar’s Makes History Channels Worldwide, is named Disney•Pixar’s Toy Story 3 crosses the $1 billion Chairman of The Walt Disney mark at the global box office and becomes the only Studios. animated film to reach this milestone.

August 31, 2009 July 29, 2010 Disney Acquires Disney Announces Sale of The Walt Disney Company announces plans to Disney announces the sale of Miramax Films to acquire Marvel Entertainment, one of Filmyard Holdings LLC. The deal includes rights the world’s most prominent character- in over 700 film titles, as well as non-film assets, based entertainment companies. The such as certain books, development projects and acquisition is completed on December the “Miramax” name. The sale is completed on 31, 2009. December 3, 2010.

July 27, 2010 August 27, 2009 Disney Acquires Social Game Developer Playdom A&E Television Networks Acquires The Walt Disney Company agrees to acquire Lifetime Entertainment Services Playdom Inc., one of the leading companies in the Disney-ABC Television Group, Hearst Corporation fast-growing business of online social gaming. The and NBC Universal announce an agreement for acquisition is completed on A&E Television Networks to acquire Lifetime August 28, 2010. Entertainment Services. The merger was finalized on September 15, 2009. Prior to the merger Disney owned 37.5% of A&E and 50% of Lifetime. July 1, 2010 Tapulous Acquired Disney announces the acquisition of April 30, 2009 Tapulous, Inc., a leading developer Disney Announces Plans to of music games for the iPad, iPhone, Become Equity Owner of and iPod Touch. ABC Enterprises Inc. (a subsidiary of The Walt Disney Company) agrees to join NBC Universal, and Providence Equity as a December 16, 2009 joint venture partner and equity owner of Hulu, a Roy E. Disney leading online aggregator of video content. Passes Away Roy Edward Disney, son of Disney February 13, 2009 Studios co-founder Disney XD Launches Roy O. Disney, and Disney XD, the newly-branded nephew of Walt network (formerly ) Disney, passes away at the age of 79. targeting boys, launches.

History 17 2010 - 1999

February 9, 2009 Disney Enters Agreement with DreamWorks Walt Disney Studios agrees to enter into a April 21, 2008 distribution with filmmaker Steven New Film Banner Announced Spielberg and partner Stacey Snider to distribute The Walt Disney Studios announces the launch of all upcoming live-action motion pictures produced Disneynature, a new production banner that will by DreamWorks under their partnership with produce nature documentaries for the big screen. Reliance BIG Entertainment, part of The Reliance Anil Dhirubhai Ambani Group.

January 7, 2008 December 7, 2008 Disney’s Hollywood Studios Disney Acquires Outstanding Disney officially re-brands its MGM Studios park in Shares of Florida to Disney’s Hollywood Studios. The Walt Disney Company announces that one of its has entered into agreements to acquire outstanding shares of Jetix Europe N.V. for €11 per share, which brings Disney’s ownership of the pan-European kids entertainment August 1, 2007 company to more than 99%. Disney Acquires Club Penguin The Walt Disney Company November 19, 2008 acquires Club Penguin, an online Disney Breaks Ground in Hawaii virtual world for kids. Walt Disney Parks and Resorts breaks ground for its first family June 12, 2007 destination resort in ABC Radio Spin-off Completed Hawaii. Aulani officially The Walt Disney Company and Citadel Broadcasting opened its doors in Corporation announce the completion of Disney’s August 2011. spin-off of its wholly-owned subsidiary ABC Radio Holdings, Inc. and its subsequent merger with a wholly-owned subsidiary of Citadel. May 1, 2008 The Disney Stores are Re-Acquired Disney acquires certain assets of the Disney Stores North America and terminates its long-term licensing January 1, 2007 arrangement relating to the Disney Stores. The John E. Pepper, Jr. Becomes Chairman Company acquired the inventory, John E. Pepper, Jr. becomes non-executive Chairman leasehold improvements, and of the Board, succeeding Senator George J. Mitchell, certain fixed assets of, and assumed who served as Disney Chairman since March 2004. the leases on, 229 stores. John Pepper retired on March 13, 2012.

History 18 2010 - 1999 February 9, 2006 Oswald the Lucky Rabbit September 12, 2006 Returns to Disney Disney Films Available on iTunes After an 80-year absence, the Over 75 movies from Walt Disney Company announces the return Pictures, Pixar, of Oswald the Lucky Rabbit to The and Miramax Films are made Walt Disney Company by agreement available for purchase on Apple’s with NBC/Universal. iTunes service. October 12, 2005 September 11, 2006 TV Shows Available for Download on Apple’s on ESPN iTunes Monday Night Football debuts on ESPN with a Disney, ABC and Apple announce a deal to sell special opening double-header, delivering the television shows online via Apple’s iTunes download network’s service. biggest audience ever and the second October 1, 2005 largest audience in cable Bob Iger Becomes CEO television history. Bob Iger succeeds as CEO of The Walt Disney Company, the sixth CEO in the Company’s 82- year history.

September 12, 2005 August 9, 2006 Hong Kong Disneyland Opens Disney Sells Share in Us Weekly Magazine Hong Kong Disneyland, Wenner Media and The Walt Disney Company Disney’s 11th vacation announce that Wenner Media has acquired Disney’s destination and first 50 percent stake in Us Weekly LLC, which publishes theme park in China, Us Weekly. opens its gates.

July 25, 2006 Disney Acquires Hungama Television Channel in India July 17, 2005 The Company acquires Hungama TV, a leading Disneyland Celebrates 50 Years of Indian children’s television channel, and takes an Magic equity interest in media company UTV Software Disneyland Park in Anaheim officially th Communications Limited. celebrates its 50 birthday.

March 29, 2005 The Weinsteins and Walt Disney Studios May 5, 2006 Dissolve Their Partnership Disney Acquires Pixar The Walt Disney Studios and Miramax co-chairmen The Walt Disney Company completes its acquisition Bob and Harvey Weinstein reach a mutual agreement of renowned leader, Pixar. concluding the Weinsteins’ deal with The Walt Disney Company. History 19 2010- 1999 October 24, 2001 Disney Acquires Fox Family Worldwide February 25, 2005 The Company acquires Fox Family Worldwide, Inc. Disney Sells Mighty Ducks of Anaheim (subsequently re-named ABC Family). The Walt Disney Company sells of Anaheim ice hockey team. February 8, 2001 Disney California Adventure Shines in California Disney California Adventure, the company’s sixth November 21, 2004 domestic theme park, opens in Anaheim, California. The Disney Stores Change Hands The Children’s Place Retail Stores, Inc. and The Walt Disney Company finalize the agreement announced in October 2004 for The Children’s Place to acquire and operate, under a long-term licensing agreement, the Disney Store retail chain in North America.

September 10, 2004 Michael Eisner Announces his Retirement Michael Eisner announces his intention to retire as January 24, 2000 CEO at the end of his contract. Bob Iger Becomes President and COO Bob Iger becomes President and of May 15, 2004 The Walt Disney Company, as Muppets come to Disney well as a member of its Board of The Walt Disney Company signs an agreement with Directors. The Company to buy .

August 24, 1999 Disney Sells Fairchild Publications, Inc. Disney agrees to sell Fairchild Publications Inc., a November 18, 2003 subsidiary of ABC Inc. and publisher of W, Jane and Turns 75 Women’s Wear Daily, to Advance Publications, Inc. The mouse that started it all, Mickey Mouse, turns 75.

July 8, 1999 ABC Entertainment Television Group Created Studio, including Buena Vista Television Productions and ABC’s Primetime Division join forces and become ABC Entertainment Television Group.

History 20 1998 - 1923

July 30, 1998 Disney Cruise Line Launches Disney Magic departs on its maiden voyage. Disney’s second cruise ship, Disney Wonder, launches the following summer. The Disney Dream launched in January 2011 and Disney Fantasy in March 2012.

June 19, 1998 February 22, 1996 Disney Common Stock Splits Disney.com Launches Disney records a three-for-one stock split. Disney Online launches Disney.com to provide interactive online access to a wealth of Disney information and services. April 4, 1997 Knight-Ridder, Inc. Buys ABC Newspapers Knight-Ridder, Inc. announces an agreement with February 9, 1996 Disney to purchase four newspapers owned by ABC, Disney Completes Acquisition of ABC Inc. for $1.65 billion. Disney completes the acquisition of ABC as approved by stockholders of both Disney and Capital Cities/ABC in their respective special meetings of shareholders held in January in . Disney announced its intention to buy Cap Cities/ABC on July 31, 1995. February 24, 1997 Disney and Pixar Join Forces Disney announces an agreement with Pixar to create September 6, 1994 five animated films over the next 10 years including Disney Theme Parks Pass a Milestone A Bug’s Life (1998), Monsters, Inc. (2001), Finding Disney theme parks welcome their one-billionth Nemo (2003), (2004) and Cars (2006). guest. In 2006, Disney acquires Pixar.

November 18, 1996 Radio Disney Premieres Radio Disney, a live, music-intensive radio network for children debuts, offering fun, high-energy April 18, 1994 entertainment and family-oriented programming for Disney is the Belle of Broadway kids under the age of 12. Disney’s first stage show, Beauty and the Beast: A New Musical, opens on Broadway, breaking attendance and box office records.

History 21 1998 - 1923 January 21, 1988 Wrather Corporation Acquired April 3, 1994 The Walt Disney Company acquires the Wrather Tragedy Strikes The Walt Disney Company Corporation, the assets of which include the , President and Chief Operating Officer, Disneyland Hotel, for approximately $161 million in dies. cash and $89 million in debt.

June 30, 1993 Miramax Films Acquired The Walt Disney Company acquires Miramax Film Corporation. March 28, 1987 The Disney Store Debuts The first Disney Store opens at the Glendale Galleria April 12, 1992 in Glendale, Calif. Euro Disney Opens Euro Disney (later renamed Disneyland Paris) opens 20 miles outside of Paris, France.

February 6, 1986 The Walt Disney Company Formed November 6, 1989 Walt Disney Productions changes its name to The Euro Disney S.C.A. Shares Offered Walt Disney Company. Fifty-one percent of Euro Disney S.C.A.’s 170 million shares are offered to European investors at FF72 per September 22, 1984 share. A subsidiary of The Walt Disney Company Disney Enters a New Era owns the remaining 49 percent. Walt Disney Productions welcomes Michael D. Eisner as Chairman and Chief Executive Officer and Frank G. May 1, 1989 Wells as President and Chief Operating Officer. Disney-MGM Studios Premieres at WDW The Disney-MGM Studios Theme Park (later renamed Disney’s Hollywood Studios) opens at the Walt Disney World Resort.

April 18, 1983 Disney Channel Debuts Disney Channel first broadcasts cable television programming. History 22 1998 - 1923 October 1, 1971 Walt Disney World Opens The Magic Kingdom opens at Walt Disney World.

April 15, 1983 Tokyo Disneyland Opens Tokyo Disneyland opens six miles from downtown December 15, 1966 Tokyo. The Passing of a Legend Walt Disney dies. April 1, 1983 Incorporates Walt Disney Pictures is incorporated as a separate entity responsible for the development, production February 3, 1965 and marketing of all live-action films and commercial Walt Disney Productions Consolidates Again television programming. Walt Disney Productions acquires WED Enterprises from Walt Disney for approximately $4 million.

July 6, 1960 Walt Disney Productions Purchases Remaining Stake in Disneyland Walt Disney Productions, Inc. purchases the remaining 34.5 percent interest in Disneyland, Inc. for $7.5 million. October 1, 1982 Epcot Debuts at WDW June 19, 1957 Epcot opens at Walt Disney World. Walt Disney Productions Exercises Disneyland Options Walt Disney Productions, Inc. exercises options July 8, 1981 to purchase an additional 31.0 percent stake in Walt Disney Name Acquired Disneyland, Inc. for $528,810. Walt Disney Productions acquires the rights to Walt Disney’s name, likeness and portrait, as well as the steam train and monorail systems at Disneyland, from Retlaw for 888,461 shares of common stock, worth $46.2 million.

December 20, 1971 Another Legend Passes Roy O. Disney dies. October 3, 1955 Airs on ABC The Mickey Mouse Club first airs on ABC.

History 23 1998 - 1923 December 21, 1937 July 17, 1955 Premiere of An American Original Opens and the Seven Dwarfs Disneyland first opens its gates in Anaheim, Snow White and the Seven California. Walt Disney Productions invests $500,000 Dwarfs, the first feature- to own 34.5 percent of Disneyland, Inc., the company length animated film, that owns Disneyland. premieres accompanied by the first comprehensive merchandise campaign.

December 16, 1929 Walt Disney Productions, Ltd. Formed The Disney Brothers partnership is replaced April 6, 1953 by Walt Disney Founded Productions, Ltd.; Walt Retlaw Enterprises is founded as a private company Disney Enterprises; Liled solely owned by Walt Disney to control the Realty and Investment merchandising rights to the name “Walt Disney.” Company; and the Disney Film Recording December 16, 1952 Company. WED Enterprises Founded WED Enterprises is founded as a private company November 18, 1928 owned solely by Walt Disney to design and create Debuts Disneyland. Mickey and Minnie Mouse debut in April 2, 1940 Steamboat Willie, Disney’s First Preferred first animated film with Shares Issued sound effects and Walt Disney dialogue. Productions, Ltd. issues 155,000 shares of 6 percent cumulative October 16, 1923 convertible preferred The stock in the over-the-counter market. Created September 29, 1938 Walter E. and Roy O. Disney Walt Disney Productions, Ltd. Consolidates establish The Disney Brothers Walt Disney Productions, Ltd. absorbs the three Studio in a contract with other Disney companies created in 1929. M.J. Winkler for a series of animated short subjects entitled The Alice Comedies. History 24 This Fact Book has been prepared by the Investor Relations group of The Walt Disney Company solely to provide informa- tion for shareholders and others interested in the Company. It is not intended to be used in connection with investment decisions. All shareholders and potential investors should carefully review the Annual Report of the Company on Form 10-K and the other quarterly and periodic reports of the Company and other information filed by the Company with the Securities and Exchange Commission before making any investment decision. All information contained in this Fact Book is presented as of the date below, and the Company assumes no duty to confirm, revise or update the information.

March 31, 2012