Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
-
Aug- 2023 -14 August
Move Over Apple: $1 TRILLION Company Showing Interest in Buying Disney
On August 9, The Walt Disney Company held its third-quarter earnings call, led by CEO Bob Iger. Overall, Wall Street was torn on just how well the earnings call went. On the positive, Disney's global theme parks performed well, Disneyland Resort in California had an uptick in Guest attendance, and Iger was continuing to save the company money with budget cuts. On the flip side, Walt Disney World R
Read More » -
14 August
DeSantis Tells Iger To ‘Drop the Lawsuit’, He and His Allies Have ‘Moved On’
In a strange turn of events, Florida Governor Ron DeSantis urges Disney Company CEO Bob Iger to “drop the lawsuit.” Governor DeSantis said that he and his allies have “moved on” from the feud, despite all signs to the contrary. DeSantis made these statements in a lengthy interview with CNBC as he attempts to reset his campaign for the Republican presidential nomination. Rel
Read More » -
14 August
Disney Shakes Things Up Before Entering Into The Gambling World
It was a surprise last week when the Walt Disney Company announced that it was entering the world of sports gambling. On the eve of Disney's earnings call with Wall Street investors, ESPN President Jimmy Pitaro announced that ESPN was entering into a $1.5 billion deal with Penn Entertainment to create ESPN Bet. During the earnings call, Disney CEO Bob Iger was able to taut the agreement as a giant
Read More » -
13 August
Legendary Director Says This Disney Movie Has the “Perfect Ending”
For nearly 100 years, The Walt Disney Company has been making movies that have become a major part of film history. Many of those films are animated classics like Snow White and the Seven Dwarfs, Dumbo, Pinocchio, Bambi, and Sleeping Beauty. More recent animated films like Frozen and Encanto have also made their mark. However, Disney isn't just about animation, they also made many successful and i
Read More » -
13 August
Disney Reveals Nightmarish New, Exclusive Popcorn Bucket!
Boys and girls of every ageWouldn't you like to see something strange?Come with us and you will seeThis, our town of Halloween It may only be the middle of August, but Halloween is already in the air at Walt Disney World Resort. The pumpkins are carved, the characters are wearing their seasonal best, and the villains have come out to play. One of the most exciting things to do while visiting Disne
Read More » -
13 August
Another Strike Coming? Disney Meeting With Cast Members to Avoid Disaster
How many strikes can Disney possibly have at one time? They may be about to find out. While Walt Disney Studios are dealing with duel strikes from the Screen Actors Guild and the Writers Guild of America, Disney is trying to avoid dealing with a third strike behind the scenes. Cast Members and their Union at Disneyland Paris have set up a timetable for their meeting with Disney's management to neg
Read More » -
13 August
Disney Needs To Learn Some Harsh Lessons From The Success of ‘Barbie’
They say that failure is the best teacher. It's hard to say who “they” is, but if “they” are correct, the Walt Disney Company should be learning some valuable lessons. Over the past two years, Disney has seen many of its movies fail, while its competitors Universal Studios and Warner Bros have had billion-dollar hits in Barbie (2023) and The Super Mario Bros Movies (2023).Â
Read More » -
12 August
Disney Spent a Ridiculous Amount of Money to Remove Streaming Content
The Walt Disney Company's recent earnings call is an interesting beast to dismantle. While CEO Bob Iger paints a picture of intense upward trajectories and profits, some wild costs are hidden amongst the business jargon and self-praise. Remember that time a few months back when Disney purged a bunch of content from its streaming platforms? Yeah, that was a shockingly expensive endeavor and further
Read More » -
12 August
Religious “Prophet” Declares That Disney “Will Fall”
The Walt Disney Company has been through a lot of ups and downs in recent years, with the “downs” seeming far more common ever since the COVID-19 pandemic began in 2020. The CEO of Disney at the time, Bob Iger, was also replaced by now-former-CEO Bob Chapek, who was famously disliked and who was ousted by his predecessor in a dramatic shakeup when Iger returned from his semi-retirement
Read More » -
11 August
Disney World Tour Guide Arrested in Park After Breaking Into Car
Tens of thousands of people visit a Walt Disney World theme park every single day. Some of those visitors take Disney transportation to and from the Parks, since they are staying at a Resort hotel. Thousands, however, drive to the Parks and leave their cars parked in a Disney lot. Disney has security guards and cameras everywhere, so they think that their cars will be safe. Unfortunately, one fami
Read More »
