Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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Jul- 2023 -26 July
More Changes Coming to Disney, Company Looks for Outside Help to Make ESPN “More Compelling”
ESPN Chief Jimmy Pitaro dropped some surprising news about the Disney subsidiary in a recent event with CNBC. The winds of change are a-blowing at the Walt Disney Company! From the restructuring and layoffs that made headlines at the beginning of the year to the recent theme park updates, a lot has changed in the House of Mouse. Most recently, the ESPN Chief, Jimmy Pitaro, shared news about what f
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26 July
Alcohol Coming to Three More Disney Restaurants!
When Walt Disney first opened Disneyland Park in 1955, he made it clear that he wanted Disneyland to be a dry Park. That means that he did not want any alcohol served there. The same no-alcohol rule was put in place when Magic Kingdom opened at Disney World in 1971. But things changed in a big way when EPCOT opened in 1982. It was the first Disney Park to serve alcohol. While more alcohol made its
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26 July
Disney Suffered Another $325 MILLION Loss
After multiple losses this year, including a suspected $900 million loss in its entertainment sector, Disney revealed another major setback. The last few years haven't been kind to the Walt Disney Company. From suffering a significant loss as a company in 2022 to the tune of $120 billion to suffering last year's biggest box office flop, the company might have been hopeful that 2023 would look bett
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26 July
‘Haunted Mansion’ Director Calls Out Hypocritical, Racist Backlash For Promoting Film
On July 28, Disney will release its newest live-action film, it hopes to be a summer success, Haunted Mansion. Haunted Mansion is based on the classic Disney attraction and will tell the story of single mom Gabbie (Rosario Dawson), who moves into an old New Orleans home with her son Travis (Chase Dillon). As the title indicates, the home is haunted by 999 not-so-happy haunts. Gabbie must enlist th
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26 July
CFTOD Board Approves Tax Cuts for Disney World
After a lengthy back-and-forth, the new Reedy Creek Improvement District board approved tax cuts for Walt Disney World in the latest news. It’s been a long battle between Florida Gov. Ron DeSantis and the Walt Disney Company regarding the Central Florida Tourism Oversight District (formerly the Reedy Creek Improvement District). The two parties have been engaged in a heated feud since last year wh
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26 July
Fantasmic! Canceled Through Spring 2024 After Massive Fire
On the evening of April 22, 2023, Guests visiting Disneyland Park crowded around the Rivers of America to watch the nightly showing of Fantasmic!. The show started off without a hitch, and Guests were loving the journey into Mickey Mouse's imagination. However, during the show, something happened that no one saw coming. Mickey Mouse was battling Maleficent in her dragon form, and she was supposed
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25 July
“We Will Not Have Our Jobs Taken Away”: Actors Deliver Strong Message to Bob Iger
Actor Bryan Cranston delivered a message to Disney CEO Bob Iger during the SAG-AFTRA strike, which has struck a chord with many in the community. Bob Iger has not had a fun week. From being criticized heavily for his comments about the current strike that’s making waves in Hollywood to the general barrage of criticism that the Walt Disney Company has been on the receiving end of for the past few m
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25 July
Beloved Disney Animator, Randy Fullmer, Dead at 73
For 100 years, The Walt Disney Company has been the number-one name in animated films. Walt Disney animators changed the film game when they created Snow White and the Seven Dwarfs in 1937. From there, things only went up, and Disney has created some of the most memorable animated films of all time. Out of the top ten highest-grossing animated films, Disney has seven of them — Frozen, Frozen
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25 July
Abigail Disney Has Some Thoughts About Bob Iger
Abigail Disney has never been shy about expressing her feelings, especially about the company that bares her last name. Fresh off her recent arrest in the Hamptons, Disney sat down with Rolling Stone Magazine, saving her venom for current Disney CEO Bob Iger. Disney has been an outspoken critic of some of the policies of the Disney Company, especially Cast Member pay. And Iger recently gave her mo
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25 July
“Desperate for Business”: Critics Slam Disney
After a controversial few months with many surprises from the Mouse House, critics of the company have called them “desperate for business.” The Walt Disney World Resort is known as the “Most Magical Place on Earth” for good reason. With myriad attractions like Haunted Mansion and Big Thunder Mountain Railroad in Magic Kingdom Park and lands like Pandora in Disney’s Animal Kingdom Theme Park, ther
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