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Disney elects Pepper and Smith as independent directors

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MUMBAI: The Walt Disney Company board of directors has elected Procter & Gamble former chairman and CEO John E. Pepper Jr. and Starbucks Corp former president and CEO Orin C. Smith as two new independent directors, effective 1 January, 2006.


With the election of Pepper and Smith, 11 of 13 directors on Disney‘s Board will be independent.With them joining in January, the full Board of 13 members will now have an appropriate amount of time to work closely together and carefully deliberate in the selection of Disney‘s next chairman.


The Board also unanimously requested that Senator Mitchell remain a director, and continue as chairman, through December 2006 to facilitate an orderly chairman succession process. Senator Mitchell had planned to retire following Disney‘s 2006 Annual Meeting, but agreed to the Board‘s request that he stand for re-election at the 2006 Annual Meeting.


“By growing, cultivating and protecting some of the best known brands worldwide at Procter & Gamble and Starbucks, John and Orin bring invaluable global perspectives as well as proven commitments to social responsibility. Disney shareholders will benefit from their decades of world-class leadership, finance and high profile consumer brand experience,” said Disney chairman Senator George J Mitchell.

 
 

The Disney Board also declared an annual cash dividend of $0.27 per share, a 12.5 per cent increase from last year‘s dividend, payable on 6 January, 2006 to shareholders of record at the close of business 12 December, 2005.

“With our strong balance sheet and third straight year of double-digit earnings growth, Disney is in a good position to continue returning capital to shareholders even as we invest for future growth. In addition to this increased dividend, since August 2004, we have invested over $3.9 billion to purchase approximately 154 million shares of Disney stock, which further demonstrates our confidence in growing shareholder value over time,” said The Walt Disney Company president and CEO Robert A. Iger.

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Kids

Sony YAY! launches ‘House of Masti’ to celebrate 20 years of Shin chan

Comedian Kiku Sharda joins the fun with a special rap track as the mischievous icon returns to Indian TV.

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MUMBAI: Shin chan is back and this time, he’s bringing the whole house of masti with him! Sony YAY!, India’s leading kids’ entertainment channel, has unveiled ‘House of Masti’, a specially curated programming block to mark 20 years of the iconic animated series Shin chan on Indian television. The campaign transforms the beloved character’s mischievous world into a fresh, high-energy viewing experience. It features new episodes, fan-favourite moments, and themed programming stunts, all designed to stand out from regular broadcasts.

Adding extra sparkle to the celebration, popular comedian Kiku Sharda has joined the campaign. He anchors the integration with a lively rap track titled ‘Shin chan ka YAY! Dhamaal’, infusing contemporary music and humour into the beloved series.

Sony YAY! business head of kids and animation Ambesh Tiwari said, “Over the past 20 years, Shin chan has built a strong and enduring connection with audiences in India. With ‘House of Masti’, we are celebrating this milestone through a differentiated, campaign-led experience. Kiku Sharda and the rap track add a fun, high-energy layer that will resonate with today’s kids and families.”

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Starting 27 April, viewers can enjoy the World Television Premiere of Shin chan along with new episodes and an exciting lineup of blockbuster movies on Sony YAY!.

By blending nostalgia with fresh, engaging content, Sony YAY! is ensuring that the cheeky, laughter-filled adventures of Shin chan continue to entertain and connect with new generations across the country.

In a world full of serious cartoons, Shin chan remains delightfully naughty and with ‘House of Masti’, Sony YAY! is making sure his brand of chaos stays as fresh and fun as ever. Get ready for some serious masti!

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