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 -9 August
Bob Iger’s Return “Ruining Disney,” CEO Slammed for “Self-Destructive Mission”
Disney CEO Bob Iger is making no new friends in his second stint at the helm of the Walt Disney Company with a tenure as fraught with controversy as can be. The Walt Disney Company has been at the forefront of entertainment for decades now. Despite a journey filled with ups and downs over the years, the company has largely been successful in maintaining its hard-earned reputation as the ultimate A
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8 August
Disney Teams Up With Popular Gender-Fluid TikToker to Promote Minnie Mouse Fashions
When it comes to Disney characters, there are just so many to love. While many people have their favorite Disney character, there are so many that rank toward the top. Some people love classic characters like Mickey Mouse, Goofy, and Donald. Others love princesses like Ariel, Tiana, and Cinderella. Sidekicks like Pascal, Pumbaa, Sven, and Olaf always bring smiles to faces. Then, of course, who cou
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8 August
Marvel Accused of Ruining Comedies
For more than 15 years, Marvel Studios has been bringing some of the most iconic superheroes to life. The Marvel movie franchise — known as the Marvel Cinematic Universe — began in 2008 with the release of Iron Man, starring Robert Downey Jr. Since then, Marvel has become one of the most popular franchises in history, generating billions of dollars in revenue. The studio also shot supe
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8 August
First Alcohol, Now This. Disney Signs $2 Billion Deal To Capitalize on Another Vice
When Walt Disney opened Disneyland in California and Disney World in Florida, he wanted both Parks to maintain a clean image, which meant no alcohol at either Park. Based on Guest's recent behavior, Walt may have been onto something. But selling booze in the Parks makes Disney money. So, when EPCOT opened, it sold alcohol and gave birth to Drinking Around the World. Disney also recently announced
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8 August
After Thousands of Layoffs, Disney Opens Eleven Jobs for Controversial Positions
Artificial Intelligence is sweeping the world, and Disney is riding the wave! The Walt Disney Company has set up a task force to explore AI further and look into how it can optimize its operations and cut costs. The Walt Disney Company has had a difficult year. From box office flops and losing close to $1 billion on movies that didn't hit the mark to announcing and enacting 7000-person layoffs in
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8 August
Disney Security Dog Brutally Attacked 81-Year-Old Grandfather, Lawsuit Claims
One of Disney's primary concerns is keeping Guests safe while they are visiting one of the company's incredible theme parks. In order to do that, Disney has a number of procedures in place. Theme park Guests must go through metal detectors and have their bags checked for items that are not allowed in the Parks. Disney employs hundreds of Cast Members as security guards, who will talk through the P
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7 August
Oscar-Winning Disney Editor Arthur Schmidt Dead at 86
In the one hundred years since its creation, The Walt Disney Company has helped shape not only the theme park industry, but the film and television industry as well. Disney changed the game in 1937 when it released the first feature-length animated film, Snow White and the Seven Dwarfs. It set new standards again in 1988 when it released the combination live-action/animated film Who Framed Roger R
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7 August
Amid Dual Strikes, Dozens More Disney Crew Members Vote to Unionize
It's been almost one month since dual strikes forced the film and television industry to come to a near halt. The Writers Guild of America went on strike in May, which threw a wrench into a lot of productions. However, the Hollywood machine continued on, with studios working with what they had. That machine almost completely imploded when the Screen Actors Guild also announced that they would be g
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7 August
Iger Has Some Explaining To Do After Disney Drops $1 Billion on Four Flops
It will be interesting to see how Walt Disney Company CEO Bob Iger talks his way out of this one. Perhaps will he will bring out Dwayne Johnson and announce another live-action remake like he's done before. Or maybe he'll blame everything on his predecessor, CEO Bob Chapek. But on the eve of Disney's shareholder meeting, there is something clear: Disney is losing money, and Iger doesn't seem to ha
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7 August
‘The Little Mermaid’ Coming to Disney+ in Just Weeks!
On May 26, Disney brought Guests back under the sea with the release of its newest live-action remake, The Little Mermaid. The film starred Halle Bailey as Ariel, Jonah Hauer-King as Eric, Javier Bardem as King Triton, Melissa McCarthy as Ursula, Awkwafina as Scuttle, Daveed Diggs as Sebastian, and Jacob Tremblay as Flounder. For the most part, the film was nearly identical to the animated version
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