By Alexander Valtsev:Walt Disney Co. (DIS) is a worldwide entertainment company that has existed for almost 90 years (anniversary in ~2 weeks). The company operates in four Divisions: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products.
Walt Disney Studios said that it would show films from its Disney, Pixar, Marvel and Lucasfilm banners on Netflix, the first time that one of Hollywood’s Big Six studios has chosen Web streaming over pay television.
By Suman Chatterjee:Just read in the recent headlines, Walt Disney (DIS) has agreed to buy Maker Studios, a supplier of online video content to YouTube, for at least $500 million, gaining technology and experience with short-form video entertainment.
The raunchy adult comedy “Ted” beat a pair of action films in pre-holiday sales of DVD and Blu-ray discs, with humor trumping the final installment of director Christopher Nolan's Dark Knight trilogy, “The Dark Knight Rises,” and newcomer “The Bourne Legacy” as well as the animated “Ice Age: Continental Drift.” But “Ted” barely cracked the top 10 when it came to DVD and Blu-ray rentals.