Disney—The Happiest Brand on Earth
In 2006, Disney’s Pixar released the hit movie Cars, which grossed $462 million worldwide. Since then, Cars merchandise has generated over $2 billion in sales each year. Pixar has since created a series of Cars shorts to be aired on the Disney Channel with a subsequent DVD release. A Cars sequel was released in 2011. In 2012, Disney’s California Adventure theme park will open its 12-acre Cars Land attraction.
At Disney, the brand is the name of the game, and the cross-platform success of the Cars franchise is by no means the exception to the rule. Disney also has the Jonas Brothers, Hannah Montana, High School Musical, the Disney Princesses, Pirates of the Caribbean … the list goes on and on. The man behind the magic is Disney’s CEO, Bob Iger, who has led a dramatic revitalization of the Disney brand since succeeding long time head Michael Eisner in 2005. When he took the post, he shifted Disney’s focus to its stable of “franchises.” These franchises are distributed across Disney’s multiple company platforms and divisions, such as Disney’s various television broadcast platforms (the Disney Channel, ABC, ESPN), its consumer products business, theme parks, Disney’s Hollywood Records music label, and Disney’s publishing arm Hyperion, to name a few.
Iger’s franchise strategy has been supported by the other major move he made when he became CEO. His first day on the job, Iger told the board that revitalizing Disney’s animation business was a top priority. This would involve purchasing Pixar. As part of Iger’s franchise strategy, the deal made perfect sense, for many of Disney’s more recent TV shows, Disneyland rides, and merchandise offerings were based on Pixar characters.
Finding a new market for the Disney franchise became a priority as well. The Disney brand was growing flat, and it was becoming clear that Disney had missed some opportunities for broader success as the result of a narrowing of its target market, which was at the time largely associated with younger children.
Iger’s first move was to broaden Disney’s viewership by moving the Disney Channel from premium to basic cable and launching local versions in key global markets. Then, Disney began pushing franchises to capture the rapidly growing tween market. By throwing its support behind the Disney Channel’s High School Musical, Hannah Montana, and the Jonas Brothers, who were emerging out of Disney’s music label, Disney quickly generated a series of franchise juggernauts in the tween girl market.
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Million Dollar Miley How Disney Dominated the Tween Market Disney has always been the “epitome” of innocence, childhood and fun. But with the focus on children experiencing their first moments of the magic and fantasy of Disney and adults reliving this childhood through Disneyland, animated movies and their own children’s experiences, Disney was missing a huge demographic. These “inbetweeners”, children between ages 9 and 14, were “too cool” for the childish Disney classics and they weren’t old…
Assignment 1: Walt Disney Case 1. Disney’s longevity and success is built on implementing strategies that extract value out of their most critical assets, their characters (highly appropriable resources). The inimitability of Disney characters (Mickey Mouse) provides the company with the foundation to tackle competitive forces and build a successful business for the long term. Disney has undertaken a diversification strategy to growing its business with vertical and horizontal integration. By being…
COMPANY PROFILE The Walt Disney Company REFERENCE CODE: 8C7AE530-4ECC-4EF5-AC18-370E646FD097 PUBLICATION DATE: 31 May 2013 www.marketline.com COPYRIGHT MARKETLINE. THIS CONTENT IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OR DISTRIBUTED. The Walt Disney Company TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................3 Key Facts...........................................................…
appeared as a guest star on an episode of the Disney Channel series The Suite Life of Zack and Cody, as well as Hannah Montana. Following this, Gomez starred in the Disney Channel television series Wizards of Waverly Place. The series was a critical and commercial success, earning Gomez numerous awards and nominations. Gomez later appeared in numerous Disney Channel series and films including Jonas Brothers: Living the Dream (2008) and Disney Channel Games (2008). In 2009, Gomez appeared in the films…
lying around every corner. Walt Disney World, other wise known as “the happiest place on earth”, or the place “where dreams come true”, was founded by a man with a dream of creating a place where children and parents could spend time together while making amazing memories. However, this extravagant amusement park is only one of the major accomplishments of Walt Disney. Walt Disney’s greatest achievement is the impact he made on America’s mass media industry. Disney took his talent for art and design…
Organizational Planning MGT/521 Introduction The Walt Disney Company was founded by Walt Disney and Roy Disney on October 16, 1923. It has grown into a multi-billion dollar corporation. Their corporation has branches in TV and radio broadcasting, parks and resorts, cruises, hotels, movies, novelty items, and much more. They are available in more than 200 countries across North America, South America, Europe, and Asia Pacific. Strategic Plan Strategic planning is an organization's process…
Unit 3 Unit scenario In this unit I will: gain an insight into what marketing is, and how it is used. The organisations you will be looking at are Disney and Shake away, two organisations you may already know a lot about. You will have the opportunity to understand what these organisations aim to achieve and how marketing helps them to achieve and how marketing helps them achieve it. You will be working independently and in a team, producing individual written work and practical presentation. P1–…
Maximilian Scheufler Strategic Management The Walt Disney Company: The Entertainment King[1] I. Why has Disney been successful for so long? Disney’s long-run success is mainly due to creating value through diversification. Their corporate strategies (primarily under CEO Eisner) include three dimensions: horizontal and geographic expansion as well as vertical integration. Disney is a prime example of how to achieve long-run success through the choices of business, the choice of how many…
The Walt Disney Company is one of the largest media and entertainment corporations in the world, with operations covering four key businesses: Media Networks, Studio Entertainment, Parks and Resorts, Consumer Products. The company primarily operates in North America, Europe, Asia Pacific and Latin America. It is headquartered in Burbank, California and employs about 144,000 people. (The Walt Disney Company,2012) This report is going to elaborate the SWOT analysis of the Walt Disney Company and…
operation? 1) The expensive cost for each park attractions and also the hotels around Disney need charge more cost than other hotel in Paris. 2) Weather is not good in Paris. 3) The historic problem between American and French let Disney not attract customers. 4) Disney executives failed to plan the future like recession at the end of the 1980s and the halt on planned vacations after the Gulf War in 1991. 5) Disney executives also did not invite investors to a share in the project. They wanted to…