Disney Current Events
Topic: Paul Pressler Back at Disney

#	Author	Message
1	SFH Tue 4/1/2008 12:51a	Check out the press release: http://corporate.disney.go.com /news/corporate/2008/2008_0401_the_childrens_place.html The Walt Disney Company Confirms - It Is Regaining Ownership of Disney Store Chain in North America; Welcomes Paul Pressler BURBANK, Calif. - (BUSINESS WIRE) - The Walt Disney Company (NYSE:DIS) today confirmed that it has reached an agreement with The Children's Place Retail Stores, Inc., to acquire ownership of the Disney Store chain in North America. It also welcomes back Paul Pressler to the newly created position of Chairman of Disney Location-Based Enterprises. The Company believes the Disney Stores can be an important extension of the "Disney" brand and, with the improved economics provided by a smaller store footprint, could add value to the Company in the promotion and monetization of its growing number of robust franchises. To enhance the extension of that brand and facilitate partnering with other entities, the Chairman of Disney Location-Based Enterprises will oversee all interests in the Disney Stores, World of Disney, Resorts, the Disney Cruise Line, the Disney Vacation Club, Walt Disney Imagineering, Adventures By Disney, and Disney Consumer Products. The Company also welcomes Cynthia Harriss to the newly created position of President, Disney Character Promotion, reporting directly to the Chairman of Disney Location-Based Enterprises. As President, Disney Character Promotion, Harriss will maximize the profile of Disney's extensive stable of animated characters in Disney theme park attractions. Paul Pressler previously spent fifteen years with The Walt Disney Company, including stints as chairman of Walt Disney Parks and Resorts, President of Disneyland Resort, President of the Disney Store chain and Senior Vice President of Disney Licensing. Cynthia Harriss also served as President of the Disneyland Resort. Ken Pellman, who previously spent fifteen years with the Disneyland Resort and has eight years of experience in public relations, has been named to the newly created position of Director of Strategic Communications for the Chairman of Disney Location-Based Enterprises. About The Walt Disney Company The Walt Disney Company (NYSE:DIS), together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with four business segments: media networks, parks and resorts, studio entertainment and consumer products. Disney is a Dow 30 company, had annual revenues of more than $35 billion in its most recent fiscal year, and a market capitalization of nearly $59 billion as of March 19, 2008. # # # CONTACTS: Zenia Mucha Corporate Communications 818-560-5300 Gary Foster Corporate Consumer Products 818-544-0009 April 1, 2008
2	WilliamK99 Tue 4/1/2008 12:56a	I thought this was an April Fools joke lol.
3	WilliamK99 Tue 4/1/2008 12:57a	I still think it does, since the link doesn't work.
4	StitchDude Tue 4/1/2008 1:10a	I agree. This is one of the better jokes I have heard in a long time.
5	WilliamK99 Tue 4/1/2008 1:17a	actually it's a pretty poor April Fools joke, they should have made an actual press release, then maybe more people would have bought it.
6	StitchDude Tue 4/1/2008 1:21a	I meant the concept not the fake press release.
7	fadedjeans Tue 4/1/2008 4:55a	Is it really fake? If you go to this link http://corporate.disney.go.com / and click on News Releases, the March 20 release is quite similar
8	WilliamK99 Tue 4/1/2008 5:14a	Now we know where they got the temptlate for this fake press release from.
9	Darkbeer Tue 4/1/2008 5:53a	Who is this Ken guy??? ;) And there is another press release here... http://www.iparkland.com/ Check the "latest news" at the link for more details.... And thumbs up to the OP in this thread!
10	SFH Wed 4/2/2008 7:08a	Thanks for playing along, everyone. Yes, it was an April Fools offering. Not a very good one, but I was working on the fly with very little sleep. SFH

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