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 -23 July
Disney Shelved Then Sold a Controversial Movie – It’s Now the Surprise Hit of the Summer
In 2019, The Walt Disney Company shelled out more than $71 billion to purchase 20th Century Fox. When it did, Disney gained the rights to a number of popular films and television shows, as well as the rights to movies and television shows that 20th Century Fox had in production. Disney went through everything to see what they wanted to hold onto, what they wanted to release, and what projects they
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23 July
Scalpers Beware: Disney Officially Investigating Ticket Resales
On June 29, Guests flocked to the Disneyland Resort website, ready to wait in a virtual queue so that they could buy their tickets to Disneyland's Halloween Party — Oogie Boogie Bash. Unfortunately, things didn't quite work out the way everyone was hoping. The site crashed after less than 10 minutes, so another sale date had to happen. That sale date was July 11. Thousands of people waited h
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23 July
Sure, Disney World Attendance is Down But Don’t Blame DeSantis
It's hard to change a narrative once it gets going. The narrative about Walt Disney World is that it has been a ghost town this summer, complete with tumbleweeds rolling down Main Street, U.S.A. And now, insiders want to speculate that the Walt Disney Company's feud with Florida Governor Ron DeSantis is to blame. But the reality of the situation, as is almost always the case, is much more complica
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23 July
DeSantis Wants To Sue Bud Light. Is Disney Next?
Florida Governor Ron DeSantis wants the state's pension fund manager to take action against Bud Light because it “breached legal duties owed to its shareholders” when the company decided to enter into a partnership with transgender influencer Dylan Mulvaney. DeSantis accuses AB InBev, the parent company of Bud Light, of associating with “radical social ideologies.” Related:
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23 July
Disney Pulled Into Another First Amendment Lawsuit
Whether it wants to or not, Disney appears to be making legal history with its First Amendment cases. Disney was already knee-deep in two cases involving the First Amendment, and now, they are being dragged into a third. The Supreme Court recently ruled against Disney, saying that a lower court should hear the case of a toymaker suing the Walt Disney Company. The case stems from Disney's use of th
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22 July
Neither Disney Nor DeSantis, There’s One Winner in Florida Feud
While many are speculating whether the Walt Disney Company or Florida Governor Ron DeSantis will emerge as the winner in their feud, some are arguing there’s only one real winner, and it’s neither party. The Disney vs. DeSantis feud has been making headlines for months, and multiple shots have been fired back and forth. There have been lawsuits and press conferences (though not necessarily called
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21 July
‘Elemental’ Just Made Pixar History!
It's no secret that Pixar Animation Studio has been struggling for quite some time. All film studios were hit hard by the COVID-19 pandemic, but Pixar appears to be having a more challenging time than most. Pixar changed the movie game in 1995 when it released the iconic film, Toy Story. It then became known as a studio that couldn't fail, with other uber-successful films like Toy Story 2, WALL-E,
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21 July
“He Stuck His Foot In It So Bad”, Backlash Against Iger’s Strike Comments Continues
On July 14, the Screen Actors Guild officially went on strike, when they could not come to a contract agreement with major studios. SAG actors joined Hollywood writers, who have been on strike since May. It is the first time in 60 years that two of Hollywood's biggest unions have been on strike at the same time. SAG has said that it wants to renegotiate a number of things, but they are primarily f
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21 July
“See You On the Picket Lines”: Canceled Disney Show Star Joins Writers’ Strike
National Treasure: Edge of History is a Disney+ show that recently premiered on the streaming platform amidst a great deal of fanfare from enthusiasts who grew up on the original National Treasure and National Treasure: Book of Secrets adventure films about the treasure hunter Benjamin Gates. The series was canceled after just one season, much to said fans' chagrin, but apparently one actress from
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21 July
Court Rules in Favor of Disney in Lawsuit Against Google
Tech giant Google moved to remove Disney's app in one of the Mouse House's largest markets in the world, India, but was met with a roadblock. The Walt Disney Company often feels untouchable, and it's no surprise why. Disney owns multiple properties in the entertainment industry, including 20th Century Studios, Pixar, Marvel, and Lucasfilm. It's a company that's currently taking on Florida Gov. Ron
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