Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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Sep- 2023 -7 September
Wonder Why Former CEO Bob Chapek Failed? Latest Reports Claim It’s Because of Bob Iger
Ten months after former Disney CEO Bob Chapek was ousted from his position, inside sources have reiterated that Disney CEO Bob Iger is the reason his predecessor failed. The Bob Iger-Bob Chapek saga has been documented extensively. It’s no secret that the former Disney CEO was quite severely disliked by the community at large; moreover, and perhaps more relevant to the company, few believed in his
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6 September
Bob Chapek Calls Being Disney CEO “Three Years of Hell”
In 2020, longtime Disney CEO Bob Iger announced that he would be stepping away from the role he held for 15 years. It was also announced that Disney Parks Chairman Bob Chapek would be taking his place. While Iger was no longer CEO, he did remain with Disney, taking on the role of Executive Chairman. Things did not go well for Chapek, and he was fired by Disney less than three years after receiving
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6 September
Disney Asks For Event Volunteers, Revokes Beloved Perk
In just a couple of months, the runDisney Wine & Dine Half Marathon weekend will come to the Walt Disney World Resort. The sold-out event will take place from November 2 through November 5 and there will be a 5k, a 10k, and a half-marathon. For those who love to run, there is also the Two Course Challenge, where runners participate in both the 10K and the Half Marathon. There will also be a post-r
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6 September
Class Action Lawsuit Filed in Disney/Spectrum Dispute
The Disney/Charter/Spectrum just got a whole lot worse. On August 31, 2023, millions of Spectrum TV fans were enraged when dozens of their channels went black. Among some of the most upset were those who love college football and found themselves unable to access ESPN. The Walt Disney Company decided to pull all the channels it owned from Spectrum TV when it failed to come to an agreement with Spe
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6 September
Disney Picks Another Fight With A Cable Company With Billions and Hulu’s Future at Stake
Disney is having a bit of a public relations problem. On the weekend college football started, they pulled ESPN from the 14.5 million households with Charter Communications, causing them to miss the entire weekend of games. With the NFL about to start, the Walt Disney Company and Spectrum are no closer to a deal, and customers are angry with both sides. Although, angry is a bit of an understatemen
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6 September
Disney Slashing the Cost of Disney+!
To say that Disney+ is struggling right now would be quite an understatement. The streaming platform is not even four years old, but has already cost The Walt Disney Company billions of dollars. Initially, it looked like Disney+ was set to be a massive success. It launched just a few months before the COVID-19 pandemic hit and the world shut down. With people stuck in their homes, many turned to s
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6 September
Disney Losing $4 Million a Day, $1.4 BILLION Per Year in Latest Feud
While Disney is playing a bold game, losing the Spectrum deal could cost them enormous amounts of money…but given the Mouse House’s current financial woes, can they afford it? The Walt Disney Company’s feud with Spectrum TV and its parent company Charter Communications is all anyone can talk about at the moment. The fight is just one of the many that Disney finds itself embroiled in at the
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6 September
Disney Is More Concerned With Saving Its Image Than Fixing its Issues
In the latest example of a behavioral trend from the company, Disney insists that one of its latest shows is super popular… but the numbers disagree. The Walt Disney Company seems to be at it again. For months now, there have been many varieties of headlines going around about the state of the company. Some believe the company is still struggling to bring its way back after the mess of both
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5 September
In Panic Mode: Bob Iger and AMPTP Meet as Strike Talks Stall
For four months, many of Hollywood's writers have been out of the writers' rooms and on the picket lines. On May 2, The Writers Guild of America announced that its more than 11,000 members would be striking after failing to negotiate a new contract with the Alliance of Motion Picture and Television Producers (AMPTP). The last time the WGA went on strike was in 2007, and it lasted 100 days. This ti
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5 September
Disney Officially Green Lights “Weird” ‘Pirates of the Caribbean’ Reboot
Six years ago, Johnny Depp appeared on the big screen for the last time as the beloved Captain Jack Sparrow in Disney's Pirates of the Caribbean: Dead Men Tell No Tales. Disney's high-seas adventure films based on the iconic attraction began in 2003 with Pirates of the Caribbean: The Curse of the Black Pearl. Fans were immediately hooked, and it became one of Disney's most successful live-action f
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