Disney Annual Shareholders Meeting 2012

[Tom Morrow]

Disney's Annual Shareholders Meeting For 2012

Disney Puts On An Entertaining Annual Meeting In KC Kansas City Star Loud, energizing music, slick video montages and choreographed crowd control: It was pure Disney. For its annual meeting, Walt Disney Co. on Tuesday packed a Kansas City hotel ballroom with about 500 shareholders, many of them Disney fans who had flown in from around the country. After yielding cellphones and cameras, and passing through security akin to airport checkpoints, stockholders were treated to a quick financial summary of a very good 2011 — record revenues of $40.9 billion and a 21 percent increase in net income to a record $4.8 billion. by Diane Stafford complete article

Submitted by ShrunkenNed

[ShrunkenNed]

The shareholder meeting, minus media presentations, can be listened to here.

[Mouseketeer1955]

Why were stockholders required to give up their cellphones ?

[Tom Morrow]

Board opponents made little headway

Disney board opponents made little headway with shareholders Deadline New York Corporate governance geeks will be interested in this footnote to the shareholder vote for the Disney board at Tuesday’s annual meeting: The results, just released, suggest that advisory firm Institutional Shareholder Services had more sway with the company’s stock holders than its rival Glass, Lewis & Co did. Both groups objected to corporate governance decisions, but urged investors to express their anger by opposing different directors. Iger sailed through with 96.7% approval. continue by David Lieberman complete article

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Submitted by Ezra

[ShrunkenNed]

Why were stockholders required to give up their cellphones ?

In the shareholder meeting, there are clips of films, previews, and other items meant for exclusivity for the meeting. With so many cell phones carrying video technology, such practices are pretty commonplace.