The company acquired Discover magazine

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sumaiyakhatun29
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The company acquired Discover magazine

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In 1988, Disney was leading in box-office gross in Hollywood studios after some of its films hit and surpassed the $100 million mark. Disney penetrated new areas by buying Wrather Corp and establishing Hollywood Pictures. The company also acquired Childcraft and launched various Disney Stores. 1990-1999: The 1990s were some of the most successful years for Disney, with the release of various animated blockbusters. By 1991, Disney’s international operations generated 22% of overall revenues.


The same year. In 1993, Disney won the National Hockey League team france whatsapp fan franchise for the Mighty Ducks of Anaheim. Trouble set in the late 1990s when a helicopter crash resulted in Frank Well’s (the company’s president from 1984) death. Jeffrey Katzenberg, then chairman, bid for the position of president but lost. That left him angered, mainly because he had coveted the position.


He later left the company on unfriendly terms, triggering a litigious feud between him and then-CEO Michael Dammann Eisner. While he received the equivalent of his ten-year salary upon departure, Katzenberg demanded $580 million in compensation. In 1995, Disney merged with Capital Cities in a $19 billion deal, giving the company control over radio and television stations and cable networks. By 1999, there were 725 Disney stores globally.
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