Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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Aug- 2023 -26 August
DeSantis Board Hires Lawyer to Find ‘Legislative’ Avenues To Curb Disney’s ‘Special Interest’
After nickel and diming the former Reedy Creek Improvement District employees out of season passes and discounts at Walt Disney World, the Central Florida Tourism Oversight District Administrator Glen Gilzean announced that the Board was budgeting more than $4.5 million for lawyers in 2024. Related: After Fighting Employees Over Thousands, Disney Board to Spend Millions on Lawyers While most of th
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25 August
Popular Disney+ Series Canceled Amidst Content Purge
When Disney+ launched in November 2019, Disney fans were thrilled to have an app where they could watch some of their favorite Disney movies and shows in one place. Disney+ wasn't just classic Disney content, either. It was full of Marvel, Pixar, Lucasfilm, and National Geographic offerings as well. Fans were also thrilled at the price tag. The streaming service cost just $6.99 per month, making i
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25 August
Bob Iger and Team Hire Crisis PR Team as Dual Strikes Drag On
Almost every day, for nearly three months, Hollywood writers have taken to the picket lines. The Writers Guild of America announced that its union members would be going on strike beginning May 2. The strike began after the studios would not agree to a contract addressing some of the Guild's biggest concerns — the use of artificial intelligence, residual percentages for streaming, and the us
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25 August
Try as He Might, Bob Iger Can’t Escape Reality
Disney CEO Bob Iger is trending on Twitter again. It must be Tuesday. In all seriousness, the prominent Disney leader has again found his name plastered across social media for all the wrong reasons. While the extremely wealthy CEO was praised in the past, it seems like he is having a rough go navigating a more hostile fandom who aren't afraid to eat him alive this time. A Mess of Iger's Own Makin
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24 August
Amazon In Talks to Become Major Disney Player
A lot of things have changed in the television world in a very short amount of time. For decades, cable programming was the main way to watch our favorite television shows. Now, many people have ditched cable for streaming services like Hulu, YouTube TV, Paramount+, and more. This extreme change has left production companies like Disney wondering what to do. Disney owns networks like ABC, FreeForm
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24 August
Disney Stock Drops to Nine Year Low
Not long ago, Disney was the company that could not be beat. Its theme parks were unlike any other, its movies were almost guaranteed to be a hit, stock prices were on the rise, and CEO Bob Iger was the model for every other CEO to follow. But things change, and they can change quickly. Disney was almost like the Titanic — a behemoth ahead of its time that could not sink. Well, the ship just
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24 August
New Concept Art Revealed For Muppets Land That Never Was
It's safe to say that Walt Disney World Resort has changed since it first opened more than 50 years ago. What started out as one theme park and three hotels is now four theme parks, two water parks, more than 25 hotels, and almost 400 dining locations. Walt Disney himself said that Disney would never be complete as long as there is imagination left in the world. Nearly all of Walt Disney World's t
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24 August
When Is the Best Time to Visit Disney World? Experts Weigh In
There is a lot of planning that goes into a Walt Disney World vacation, maybe more planning than ever before. Guests have to choose how long to visit, what hotel they want to stay at, where they want to eat, and if they want to purchase extras like Disney Genie+ and Memory Maker. Another big decision that goes into planning a Disney World is when to visit. There's no real “slow season”
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24 August
After Fighting Employees Over Thousands, Disney Board Set To Spend Millions on Lawyers
When Reedy Creek firefighter Pete Simon addressed a meeting of the Central Florida Tourism Oversight District Board to passionately make a case for continued benefits at Walt Disney World, he summed up the attitude of the Board since it took over for the Reedy Creek Improvement District earlier this year. Simon said, “All we've seen and heard is cuts. Cuts to budgets, cuts to staffing, cuts
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23 August
Writers’ Strike Continues After “Lecture” From Bob Iger and Team During Negotiations
It's been more than 100 days since Hollywood writers stepped away from their computers and stepped onto the picket lines. The Writers Guild of America announced that its thousands of writers would be on strike after the Guild and the Alliance of Motion Picture and Television Producers (AMPTP) failed to agree on a new contract. The strike is on its way to becoming the longest writers' strike in his
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