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Business 07 Feb 2006 | 12:00 AM

Disney sells ABC radio network to Citadel

LOS ANGELES: The Walt Disney Co. said it will sell its 22 ABC Radio stations and network to Citadel Broadcasting Corp. in a cash and stock deal valued at $2.7 billion (euro2.25 billion).

Business 27 Jan 2006 | 12:00 AM

Pixar buy a shot in the arm for Disney: US research firm

Walt Disney Co. Chief Executive Officer Robert Iger said the US$7.4bil purchase of Pixar will help return the media company to its 82-year-old roots.

Business 26 Jan 2006 | 12:00 AM

Disney to buy Pixar for US$7.4bil

The Walt Disney Co on Tuesday said it would buy Pixar Animation Studios in a US$7.4bil deal that gives Pixar animators creative control over the world's most famous cartoon studio and make Pixar CEO Steve Jobs Disney's largest individual shareholder.

Business 25 Jan 2006 | 12:00 AM

Disney buying Pixar for $7.4 billion in stock

LOS ANGELES:The Walt Disney Co. said it is buying longtime partner Pixar Animation Studios Inc. for $7.4 billion (euro6.03 billion) in stock in a deal that could restore Disney's clout in animation while vaulting Pixar CEO Steve Jobs into a powerful role at the media conglomerate.

Business 25 Jan 2006 | 12:00 AM

Pixar to consider Disney bid

Directors of Pixar, the computer-animation film studio of Steven Jobs, plan to meet today to consider a bid for the company from Walt Disney Co, a person familiar with the situation said.

Business 20 Jan 2006 | 12:00 AM

US stocks climb, Dow up 25.85

NEW YORK: Stocks turned higher Thursday and regained most of the ground they lost in the previous session following a bright first-quarter outlook from semiconductor maker Advanced Micro Devices Inc. and upgrades of oil services stocks.

Business 12 Jan 2006 | 12:00 AM

Michael Eisner highest paid Disney employee in 2005

LOS ANGELES: Michael Eisner, former chief executive of The Walt Disney Co., received $10.1 million (euro8.4 million) in compensation last year, including a $9.1 million (euro7.5 million) cash bonus, according to the company's annual proxy statement filed Wednesday.

Business 06 Jan 2006 | 12:00 AM

Lim’s generosity touched many lives

Founder and chairman of the Bolton group of companies, Tan Sri Lim Thiam Leong, who passed away on Tuesday at the age of 95, had touched the lives of many people through his kindness and generosity.

Business 24 Nov 2005 | 12:00 AM

Over one million have visited Hong Kong Disneyland

HONG KONG: Disney says well over'' 1 million people have visited Hong Kong Disneyland, finally relenting in releasing visitor figures amid speculation of disappointing attendance and criticism that the park - mostly owned by the local government - wasn't transparent enough.

Business 21 Nov 2005 | 12:00 AM

Attendance at Hong Kong Disneyland below government forecasts,

Attendance at Hong Kong Disneyland is running below government forecasts two months after the park opened, the South China Morning Post reported Monday.