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 -16 August
Blockbuster Reopens at Disney World!
If you're a millennial or older, then you may fondly remember those weekends growing up. You'd ask your parents to take you to the video store, so you could rent the newest movie. Of course, Disney fans had to get the newest release, even though they saw it in theaters. So, you hopped in the car, your parent drove you to Blockbuster, and you wandered the aisles, admiring all the options. And you h
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16 August
Economic Troubles Hit Disney Hard, Forced to Shut Down Animation Studio
After a rough year for the Walt Disney Company, it will suffer another setback with the closure of Lucasfilm’s Singapore animation studio. Disney has not had an easy year. From the massive layoffs the company conducted in order to cut costs to the tune of $5.5 billion, to the recent remarks Disney CEO Bob Iger has made about how some of Disney’s television and cable properties are not core to the
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16 August
Are Disney Housekeeping Thefts on the Rise?
After a long day at a Disney Park, there is no better feeling than coming back to your clean hotel room and collapsing on your freshly-made bed. Walt Disney World Resort has nearly 30 amazing hotel options for Guests to choose from, covering a wide range of budgets. Whether a Guest chooses to splurge and stay at a Deluxe Resort or stay on budget, and choose a Value Resort, they are sure to be imme
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16 August
Analysts Are Increasingly Convinced Bob Iger Will Sell Disney
Recent developments have convinced industry insiders and analysts that Disney CEO Bob Iger is gearing up to sell the company. The Walt Disney Company has made headlines for months now, be that about its controversies for being woke or for the speculation about Disney CEO Bob Iger selling the company to rescue it from the dire depths it currently finds itself in. Is Bob Iger Going to Save Disney? I
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16 August
DeSantis’ Disney Board Doesn’t Want To Go To Court
It's been quite the week in the feud between Florida Governor Ron DeSantis and the Walt Disney Company. Late last week, lawyers representing the Florida governor asked a Federal Judge to dismiss Disney's suit against him, asking for “Disney's surrender.” Gov DeSantis followed that up with an interview with CNBC in which he said he was “moving on” from the feud and that Disn
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16 August
Disney Officially Settles First Amendment Lawsuit
The Walt Disney Company has had to contend with several first amendment rights cases in recent years. While some have been thrust upon them from outside sources, Disney has argued its own right to free speech in a high-profile cast against Florida Governor Ron DeSantis. Recently, the governor has pushed to end this lawsuit, calling on Disney to move on or the courts to side in his favor. However,
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15 August
Disney Being Sued After Allegedly Withholding ‘Hundreds of Millions’ in Profits
The Walt Disney Company is going to be headed back to court again. Disney has already lost a First Amendment case at the Supreme Court, and just last month, they were dragged into another First Amendment case over the use of a bag used in Indiana Jones and the Dial of Destiny (2023). And there are the ongoing lawsuits, plural, with Florida Governor Ron DeSantis and the Central Florida Tourism Over
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15 August
Disney+ Isn’t Disney’s Only Struggling Streamer
It's been almost four years since The Walt Disney Company launched its streaming platform, Disney+. And for nearly all of those four years, Disney+ has appeared to be nothing but a headache for the studio giant. Many flocked to Disney+ in the months after the streamer's launch, with the pandemic boosting subscriber numbers. Unfortunately, Disney was never able to maintain that initial excitement.
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15 August
Iger Keeps Taking From Fans, Now They Want To Cancel Disney
Since his return, Disney CEO Bob Iger has had a pattern when it comes to earnings calls. He usually gives Disney fans something just before he takes even more away. For a while, it appeared that Iger was our personal Santa Claus. First, he brought back free parking at Walt Disney World Resorts, but that was more about sticking it to his predecessor, CEO Bob Chapek. But later, Iger is also giving u
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15 August
Ron DeSantis Says Parents Have “Lost Some Confidence” in Disney
It's been nearly a year and a half since the relationship between Disney and Florida Governor Ron DeSantis spiraled into utter chaos. The governor, his newly appointed Central Florida Tourism Oversight Board (formerly Reedy Creek), and the Republican-led Florida state legislature have been relentless in their attacks on Disney because the company spoke out against a bill the governor championed. D
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