NEW YORK -?The annual UBS Global Media and Communications Conference is one of the longest running conferences on Wall Street. The conference will provide investors with a comprehensive look at the media and communications space, recap 2012, and also provide insights on the years ahead.
Some of companies presenting during the conference include: DirecTV, Netflix, Time?Warner Cable, The Walt Disney Company, CBS Corporation, IMAX Corporation, and Roku Inc.
The 40th?annual UBS Global Media and Communications Conference taking place from December 3-5, 2012 in New York.?Michael Donovan, chief executive officer of DHX Media, will present to investors on?December 5?at?9:30am EST.
Continuing its strategy of delivering exceptional creative content to audiences around the world, The Walt Disney Company (NYSE: DIS) agreed to acquire Lucasfilm Ltd. in a stock and cash transaction. Lucasfilm is 100% owned by Lucasfilm Chairman and Founder, George Lucas.
Under the terms of the agreement and based on the closing price of Disney stock on October 26, 2012, the transaction value is $4.05 billion, with Disney paying approximately half of the consideration in cash and issuing approximately 40 million shares at closing. The final consideration will be subject to customary post-closing balance sheet adjustments.
?Lucasfilm reflects the extraordinary passion, vision, and storytelling of its founder, George Lucas,? said Robert A. Iger, Chairman and Chief Executive Officer of The Walt Disney Company. ?This transaction combines a world-class portfolio of content including?Star Wars,?one of the greatest family entertainment franchises of all time, with Disney?s unique and unparalleled creativity across multiple platforms, businesses, and markets to generate sustained growth and drive significant long-term value.?
?For the past 35 years, one of my greatest pleasures has been to see?Star Wars?passed from one generation to the next,? said George Lucas, Chairman and Chief Executive Officer of Lucasfilm. ?It?s now time for me to pass?Star Wars?on to a new generation of filmmakers. I?ve always believed that?Star Wars?could live beyond me, and I thought it was important to set up the transition during my lifetime. I?m confident that with Lucasfilm under the leadership of Kathleen Kennedy, and having a new home within the Disney organization,?Star Wars?will certainly live on and flourish for many generations to come. Disney?s reach and experience give Lucasfilm the opportunity to blaze new trails in film, television, interactive media, theme parks, live entertainment, and consumer products.?
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Jay Rasulo, Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company, will participate in a question-and-answer session at the?40th Annual UBS Global Media and Communications Conference on Wednesday, December 5, 2012 at approximately 12:15 p.m. EST / 9:15 a.m. PST.
DHX Media (www.dhxmedia.com) is a leader in the creation, production and licensing of family entertainment rights. DHX Media owns, markets and distributes over 8,500 half hours of children?s entertainment content, and exploits owned properties through its consumer products licensing business. DHX Media is? recognized for? brands such as?Caillou,?Richard Scarry?s Busytown Mysteries,?Inspector Gadget,?Johnny Test,?Animal?Mechanicals,?Kid vs. Kat,?Super WHY!,?Rastamouse, and?Yo Gabba Gabba!. The company also provides programming for Cookie Jar TV, the weekend morning block on CBS. DHX Media?s full-service international licensing agency, Copyright Promotions Licensing Group, (CPLG), represents numerous entertainment, sport and design brands. DHX Media has offices in?Toronto,?Los Angeles,?Vancouver,?Halifax,?London,?Paris,?Barcelona,?Lisbon,?Milan,?Munich,Netherlands?and is listed on the?Toronto?Stock Exchange.
Source: DHX MEDIA LTD.
Source:?thewaltdisneycompany.com/
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