The Walt Disney Company (NYSE:DIS) 500 South Buena Vista Street Burbank, CA 91521 Phone: (818) 560-1000 Fax: (818) 560-1930 http://www.disney.go.com
The Walt Disney Company, together with its subsidiaries, is an entertainment company with operations in four business segments: Media Networks, Parks and Resorts, Studio Entertainment and Consumer Products. The Media Networks segment is comprised of domestic broadcast television network, domestic television stations, cable/satellite networks and international broadcast operations, television production and distribution, domestic broadcast radio networks and stations and internet operations. PARKS AND RESORTS- The Company owns and operates the Walt Disney World Resort and Disney Cruise Line in Florida, the Disneyland Resort in California and ESPN Zone facilities in several states. The Company licenses the operations of the Tokyo Disney Resort in Japan. The Company's Walt Disney Imagineering unit designs and develops new theme park concepts and attractions as well as resort properties. The businesses in the Parks and Resorts segment generate revenues from the sale of admissions to the theme parks, room nights at the hotels and rentals at the resort properties. Costs consist primarily of the fixed cost base for physical properties and base level staffing necessary to operate the theme park and resort properties. The Studio Entertainment segment produces and acquires live-action and animated motion pictures, animated direct-to-video programming, musical recordings and live stage plays. The Company distributes produced and acquired films to the theatrical, home entertainment, pay-per-view, video-on-demand, pay television and free-to-air television markets. The Consumer Products segment partners with licensees, manufacturers, publishers and retailers throughout the world to design, promote and sell a variety of products based on existing and new Disney characters and other intellectual property. In addition to leveraging the Company's film and television properties, Consumer Products develops new intellectual property within its publishing and interactive gaming divisions with the potential of being leveraged across the company. The Company also engages in retail, direct mail and online distribution of products based on the Company's characters and films through The Disney Store, the Disney Catalog and DisneyDirect.com, respectively. The Disney Store is owned and operated internationally and is franchised in North America. The Company has various other international investments in broadcast and cable properties such as ESPN, The History Channel, Lifetime Television, International Disney Channels, Toon Disney etc. The Company also develops and produces television programming for distribution to global broadcasters and cable and satellite operators, including the major television networks, Disney Channel and other cable and satellite networks, under the Buena Vista Television, Buena Vista Productions, Touchstone Television and Walt Disney Television labels. Walt Disney Pictures and Television, a subsidiary of the Company, produces and acquires live-action motion pictures that are distributed primarily under the Walt Disney Pictures and Touchstone Pictures banners. Another subsidiary, Miramax Film Corp., acquires and produces motion pictures that are distributed under the Miramax banner. Television and radio broadcasting are subject to regulation by the Federal Communications Commission under Federal laws and regulations, including the Communications Act of 1934, as amended.
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