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 -20 July
Are Job Furloughs Coming to Disney?
As nearly everyone remembers, back in March 2020, nearly every business in the country was forced to shut down because of the COVID-19 pandemic. That included Disney, which had to shut down all movie and television productions, as well as all its theme parks. Some Disney Parks were just shut down for several months, but others — like Disneyland Resort — we closed for more than a year.
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20 July
DeSantis’ Board Considering Settlement With Disney
The legal wrangling has been going on for months between the Central Florida Tourism Oversight District and the Walt Disney Company, and the court battles have just started, but it appears that one of them is looking for a back door. Related: Chief Justice John Roberts Just Sent a Message to DeSantis, Bring Disney Feud to Supreme Court and You'll Lose The Central Florida Tourism Oversight District
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20 July
Netflix Can End the Hollywood Strike and Put the Final Nail In Disney’s Coffin All at Once
It's no secret that the Walt Disney Company is struggling right now. No matter how rosy Disney CEO Bob Iger wants to paint the picture, Disney is taking on water from all sides. Disney's movies are hemorrhaging money. Its latest release, Indiana Jones and the Dial of Destiny (2023) will likely lose hundreds of millions of dollars. Disney's television division has been losing consumers and money fo
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20 July
‘Disney Adults’ Getting Dragged Into a Culture War They Didn’t Ask For
Disney World is meant to be an escape. You go there for a week and forget about the real world. Anything that happens outside of that Disney bubble isn't important. Until you have to leave, the real world comes crashing down on you, and that's when you start planning your next trip back to Disney. But now, life inside that Disney bubble has gotten complicated. The feud between Florida Governor Ron
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20 July
After Many Misses, Fans Discuss What Disney is Missing In Its Most Lucrative Franchise
The Walt Disney Company is known for being one of the largest entertainment conglomerates in the world, but lately, it's been missing the mark with its movies, and fans have theories as to why. Disney owns some of the most profitable franchises out there today that, admittedly, were helped by the resources afforded to them by the Walt Disney Company. Think Marvel Entertainment, Lucasfilm, 20th Cen
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19 July
Per Bob Iger, Apple Buying Disney is More Likely Than You Think
For many months, we’ve heard rumors swirling that the tech giant, Apple, will buy the Walt Disney Company. Obviously, when it comes to a sale this big, we have heard nothing official from either party, however, there’s a real chance this may come to pass, and this comes from Bob Iger himself. Related: EXPERTS: Tech Giant Likely to Buy Disney in Next Three Years Disney & Apple The relationship betw
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19 July
Enough Already! “Wokeness” Aside, Stop Being Angry at Disney for More Diverse Representation
Time and again, the topic of the Walt Disney Company’s “wokeness” has come up in debate. Many devoted Disney fans have brought up their frustrations about how Disney has been “pandering to woke audiences,” which has often been a response to Disney speaking out against Florida Gov. Ron DeSantis’s “Don’t Say Gay” law (otherwise known as Parental Rights in Education Act), Splash Mountain closing down
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19 July
Former Disney Chairman Promises ‘All the Resources,’ Donates $1.7 MILLION with Wife to President Biden’s Fund
Former Disney Chairman and mega-donor Jeffrey Katzenberg and his wife have dropped $1.7 million on President Biden’s Victory Fund. There is a fundamental difference between individuals who support specific political causes and companies who vocally support a certain cause. When it comes to the Walt Disney Company, they have certainly been on the receiving end of much backlash from multiple ends of
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19 July
After Threatening To Sell, Iger Tries to Calm Nervous Employees, But Only Adds Fuel to the Fire
Apparently, threatening to sell a large portion of your empire isn't necessarily good for morale. Disney CEO Bob Iger found that out the hard way. After commenting last week that he was open to selling parts of the Disney Company's media division, including ABC, employees were experiencing “high anxiety” about their futures. Related: ‘The Challenges Are Greater Than I Anticipated
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18 July
Disney Shares More Details on New Adventureland Treehouse!
For more than two decades, Guests visiting Disneyland Resort could head into Adventureland in Disneyland Park and visit Tarzan's Treehouse. The attraction originally opened as the Swiss Family Treehouse, but was rethemed when Disney released Tarzan in 1999. Tarzan's Treehouse allowed Guests to climb high into the air and walk through the story of Tarzan. It was a beautifully detailed attraction, b
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