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 -10 August
After Weeks of Constant Backlash, Iger Changes Tune on Striking Workers
It's been 100 days since Hollywood's writers hit the picket lines, wanting a new contract that focuses on compensation, minimum staffing in writers' rooms, and better residuals from streaming platforms. Two months after the Writers Guild went on strike, they were joined by the more than 160,000 members of the Screen Actors Guild. The actors were also unable to come to an agreement with the studios
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10 August
DeSantis ‘Welcomes Disney’s Surrender’
The legal wrangling has just started in the Walt Disney Company's case against Florida Governor Ron DeSantis, but one side is already declaring victory. In a court filing this week, lawyers representing the Florida governor said that DeSantis “welcomes Disney's surrender.” Despite the bluster, it does not appear that surrender is imminent. Related: ‘Corrosive to Democracy' Ex-Rep
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9 August
ANOTHER Price Increase Coming to Disney+
On August 9, The Walt Disney Company held its third-quarter earnings call. Many tuned in to hear what Bob Iger had to say as the company deals with striking writers and actors, lower theme park attendance, and movies that have flopped in theaters. Iger maintained a positive attitude as he spoke about the changes being made within the company to help drive Disney forward. He also stood behind Disne
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9 August
DeSantis’ Tourism Board Requests Judge Dismiss Disney’s Lawsuit Against Governor
For weeks, Florida Governor Ron DeSantis has been on the campaign trail, as he hopes to be the next President of the United States. DeSantis has been actively campaigning against “woke” agendas and defending his controversial changes regarding how Florida teachers conduct lessons about slavery. He has also been unable to escape talking about Disney. The Florida Governor is being sued b
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9 August
Disney’s Latest Move Feels a Bit Dirty
There is something strange about a partnership between the Walt Disney Company and a gambling company. Despite being legal in most states, there is still that we look at as shady with gambling. But this isn't “I know a guy.” It's heavily regulated and done entirely from your phone. Even so, it doesn't necessarily fit with the image that Disney has cultivated across generations. Related
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9 August
Disney Makes BIG Changes on Alcohol Policy at Resort Hotels
There is no doubt about it — a Disney vacation is an expensive one. Whether Guests are visiting Walt Disney World, Disneyland, one of Disney's other theme parks, taking a Disney Cruise, or staying at a Disney property like Hilton Head, it's not cheap. A lot of people don't want to give up their chance to experience the Disney magic, so they try to find ways to save money on their vacation. T
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9 August
Crackdown on Password Sharing Coming to Disney+
In November 2019, the Walt Disney Company got in on the streaming game and launched its very own streaming platform, Disney+. Disney+ was the ultimate place for Disney fans to find their favorite movies and television shows. In addition to a library full of classics like Sleeping Beauty, Disney also created a ton of original content for fans to enjoy. At first, there were only a few shows, like Th
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9 August
Iger Boasts That Cutting 7,000 Employees Saved More Money Than Expected
Walt Disney Company CEO Bob Iger shouldn't be expected any gifts from his employees anytime soon. Iger had become the poster boy for out-of-touch CEOs when he called the demands of the Actors Guild of America “unreasonable” and their strike “unfortunate.” He made those comments in an interview with CNBC at “Billionaire's Summer Camp” in Sun Valley, Idaho. SAG-AF
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9 August
Bob Iger Admits Disney World Tourism is Down Amid Fight With DeSantis
2022 was a really good year for the Walt Disney World Resort. Millions of Guests were ready to get out of their homes, put the worst of the COVID-19 pandemic behind them, and spend some time at The Most Magical Place on Earth. One of the things driving Guests to the Florida Resort was the celebration of Walt Disney World's 50th Anniversary. There were specialty foods and beverages, limited-time me
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9 August
Disney Runs Full-Body Scans on Actors Without Any Explanation
Actors are increasingly concerned that Disney is trying to sideline their roles by substituting them with AI-generated likenesses. The Walt Disney Company has been experimenting with Artificial Intelligence for a while now. Disney is a company that has prided itself on staying ahead of growing technology trends; for years and decades now, they have worked to be at the forefront of storytelling and
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