News tagged ‘Walt Disney’
Apple is again number one in Fortune's list of the World's Most Admired Companies in 2014. Apple has been rated best for the seventh time now.
The Disney Legends award to be presented to Steve Jobs at the Disney D23 conference, was accepted yesterday on the event by Pixar CCO John Lasseter.
It will be recalled that The Disney Legends program grants special awards to people who have made an extraordinary and integral contribution to the growth and development of The Walt Disney Company. The award is presented each year on a special event.
Have a look at the video presenting Lasseter acceptance speech during the ceremony.
Steve Jobs is getting the 2013 Disney Legends Award. It will take place on D13 Expo, a memorable three-day-long event. This Disney tradition goes back the year 1987, when Walt Disney Company established this Award.
Steve Jobs changed the world of consumer electronics as the founder of Apple, and was known throughout the world for his visionary attitude and penchant for innovation. He was an early investor and chief executive of Pixar, and became the Walt Disney Company’s largest shareholder overnight when it acquired Pixar Animation Studios in 2006. That same year, he joined the Disney board of directors, and remained a valuable sounding board and advisor to the company until his passing in 2011.
According to Bob Iger, Disney Chair and CEO, the Disney Legend Award is the highest honor for those, who “push the limits of innovation and creativity.”
The publisher said that with the release of its iconic stories on the free iOS e-book app the company moved into a bold new era in digital comic books. Marvel wrote on its website:
After Steve Jobs’ death, speculations arose on what would be done with his huge estate, estimated in $7 billion. The majority of his wealth is represented by the 138 million shares of the Walt Disney Co. that were placed in trust. Jobs acquired shares in 2006 having sold Pixar to the company for $7.4 billion. Tax experts suggest that Job’s family should sell all Apple and Disney share to avoid higher taxes. According to Bloomberg, the family could save $867 million in capital gains taxes.
Noteworthy, placing shares in a trust is also a method to avoid higher taxed, though it’s not clear what type of trust was set up in this case. According to Bloomberg, Jobs moved his assets into trusts toward the end of his life.
Now the widow of Apple co-founder Steve Jobs, Laurene Powell, will manage a $4.6 billion trust. Some experts expect her to use a portion of the trust for charity and philanthropic work, as she is an active participant in the non-profit sector.
Yesterday The Wrap reported that Google is going to launch a Video on Demand movie rental service on YouTube, which will obviously become a rival for Apple's iTunes movie store.
Actually, YouTube started offering movie rental last year, but only independent studio movies have been available yet. Now Google plans to partner with major Hollywood studios.
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This Tuesday analyst Shaw Wu from Kaufman. Bros. has increased Apple's price target for AAPL stock from $395 to $415 despite the fact that Steve Jobs will take a leave of absence soon. He is assured that Apple's share growth will be intact in the nearest future.
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Apple is holding talks with News Corp to fill their upcoming $99 Apple TV with $0.99TV Show rentals.
Viewers would be able to rent programs from News Corp.’s Fox for 48 hours, said the people, who declined to be identified because discussions aren’t public. CBS Corp. and Walt Disney Co., where Apple Chief Executive Officer Steve Jobs is a board member and the largest shareholder, also are in talks about joining the effort, the people say.
Apple’s previous plan to make a subscription TV service reportedly failed as media companies didn’t want to take risks with cable providers.
Apple CEO Steve Jobs attended the Oscars. No surprise, Jobs previously was CEO of Pixar Animation Studios and is now a member of the Walt Disney Company's Board of Directors.
Here are several pictures taken with Steve on the red carpet: