-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HvgnsFno+vHVAzZeF6SQADVdUkhQcm/J3GQ9rNracYTZtjrXRlux2K+bog1KDNl6 T7ymTY1enh1pzikULcRxrg== 0001001039-99-000018.txt : 19991108 0001001039-99-000018.hdr.sgml : 19991108 ACCESSION NUMBER: 0001001039-99-000018 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991105 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WALT DISNEY CO/ CENTRAL INDEX KEY: 0001001039 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 954545390 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11605 FILM NUMBER: 99742478 BUSINESS ADDRESS: STREET 1: 500 SOUTH BUENA VISTA ST CITY: BURBANK STATE: CA ZIP: 91521 BUSINESS PHONE: 8185601000 MAIL ADDRESS: STREET 1: 500 SOUTH BUENA VISTA ST CITY: BURBANK STATE: CA ZIP: 91521 FORMER COMPANY: FORMER CONFORMED NAME: DC HOLDCO INC DATE OF NAME CHANGE: 19950918 8-K 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): November 5, 1999 ---------- THE WALT DISNEY COMPANY (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) DELAWARE (STATE OF JURISDICTION OF INCORPORATION) 1-11605 95-4545390 (COMMISSION FILE NUMBER) (IRS EMPLOYER IDENTIFICATION NO.) 500 South Buena Vista Street, Burbank, California 91521 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) (818) 560-1000 (REGISTRANT'S TELEPHONE NUMBER) ITEM 5. OTHER EVENTS During the quarter ended September 30, 1999, the Registrant made changes in the manner in which it reports its operating segments. The accompanying exhibit sets forth a restatement of segment results for the first three quarters of the Registrant's 1999 fiscal year reflecting these changes. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibit 99 -- 1999 Quarterly Segment Results SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE WALT DISNEY COMPANY Date: November 5, 1999 By: /s/ David K. Thompson _________________________ David K. Thompson Senior Vice President Assistant General Counsel EX-99 2 Exhibit 99 1999 QUARTERLY SEGMENT RESULTS (Unaudited, in millions) [CAPTION] Quarter ended Dec 31 Mar 31 Jun 30 Sep 30 Total ------- ------- ------- ------- ------- Revenues: Media Networks Broadcasting $ 1,421 $ 1,109 $ 1,135 $ 1,029 $ 4,694 Cable Networks 793 600 656 769 2,818 ------ ------ ------ ------ ------ 2,214 1,709 1,791 1,798 7,512 ------ ------ ------ ------ ------ Studio Entertainment 1,864 1,705 1,343 1,636 6,548 Theme Parks & Resorts 1,434 1,408 1,711 1,553 6,106 Consumer Products 1,000 647 635 747 3,030 Internet and Direct Marketing 77 41 42 47 206 ------ ------ ------ ------ ------ $ 6,589 $ 5,510 $ 5,522 $ 5,781 $23,402 ====== ====== ====== ====== ====== Operating Income: Media Networks Broadcasting $ 148 $ 139 $ 227 $ 145 $ 659 Cable Networks 223 228 277 224 952 ------ ------ ------ ------ ------ 371 367 504 369 1,611 ------ ------ ------ ------ ------ Studio Entertainment 142 90 (22) (94) 116 Theme Parks & Resorts 335 305 488 318 1,446 Consumer Products 294 92 119 102 607 Internet and Direct Marketing (4) (18) (21) (50) (93) Amortization of Intangible Assets (108) (107) (117) (124) (456) ------ ------ ------ ------ ------ 1,030 729 951 521 3,231 Gain on Sale of Starwave 345 - - - 345 Restructuring Changes - - - (132) (132) ------ ------ ------ ------ ------ $ 1,375 $ 729 $ 951 $ 389 $ 3,444 ====== ====== ====== ====== ======
Note: During the quarter ended September 30, 1999, the company made changes in the manner in which it reports its operating segments. Businesses previously included in the Creative Content segment have been disaggregated into separate segments. In addition, intangible asset amortization has been broken out as a separate component of operating income. Segment results for the first three quarters of fiscal 1999 have been restated to reflect the new presentation. -----END PRIVACY-ENHANCED MESSAGE-----