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 -14 July
Abigail Disney Arrested!
For years, Walt Disney's great-niece, Abigail Disney, has been at odds with Disney's leadership. Ms. Disney famously gave up most of her shares in the company and stepped away because she felt she did not do anything to earn her position or her money. Ms. Disney has also been very vocal in criticizing Disney for its low Cast Member wages while its executives rake in millions. Ms. Disney even made
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14 July
Disney Finally Gets Its Day In Court Vs. DeSantis’ Board With Disney World’s Future Development at Stake
After months of back and forth and verbal sparring on both sides, lawyers representing the Walt Disney Company and the Central Florida Tourism Oversight District finally faced off in an Orlando Courtroom. Today was the first shot of many between the two sides as Disney fights to protect its First Amendment rights and its ability to control the formerly Reedy Creek Improvement District. Related: Di
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14 July
Disney Announces Opening Date For San Fransokyo Square!
Every two years, Disney holds a massive convention for some of its biggest fans. Disney's D23 Expo is called the ultimate fan event, and it takes place right across from the Disneyland Resort! The last D23 Expo took place in September 2022, and fans from around the world came to hear what was happening with Disney Parks, movies, and Disney+. The event was a huge success, with fans meeting other fa
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14 July
Popular Disney World Transportation Companies Merge as Longing for Magical Express Remains
Exciting developments are underway for Guests traveling to Walt Disney World Resort from Orlando International Airport (MCO). Leading transportation providers, Mears Connect and Sunshine Flyer have embarked on a collaborative journey that promises to redefine and enhance the entire Guest transportation experience. We know you're disappointed that this isn't an announcement for the return of the Ma
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14 July
Disney Faces Legal Consequences for Dodging Living-Wage Law, Cast Members Await Pay Raise
In a stunning legal setback, a California appellate court dealt another significant blow to Disney as it ruled against the company, accusing it of unlawfully circumventing a living-wage law. This latest courtroom defeat follows Disney's recent loss at the Supreme Court on a separate matter involving first amendment rights. This court ruling grants Disneyland Cast Members a much-needed win in the f
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13 July
Johnny Depp Forced to Take Massive Loan As Banks Foreclose on Actor’s Homes
In 2018, The Washington Post published an OpEd written by Aquaman actress Amber Heard. In the OpEd, Heard said that she was a victim of sexual violence throughout her life. This includes the time that she was married to Pirates of the Caribbean star, Johnny Depp, but she never specifically said his name in the article. The backlash against Depp was swift and brutal. The actor was dropped from both
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13 July
Scalpers Take Advantage of Disney’s Sold Out Halloween Party
On July 11, thousands of people logged onto the Disneyland Resort website, ready to wait in line to buy their tickets to Oogie Boogie Bash. Oogie Boogie Bash is Disneyland's hard-ticketed Halloween Party that has happened every year since 2019. The Halloween party takes place at Disney California Adventure Park. Guests were excited to finally get their hands on tickets to Oogie Boogie Bash after t
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13 July
Bob Iger Dragged for Complete Lack of Self-Awareness in SAG-AFTRA Strike Opinion
Disney CEO Bob Iger made a lot of statements during his recent interview on CNBC Squawk Box with David Faber. However, one particular issue is sending waves of face-palms throughout social media. The iconic businessman is now at the mercy of online critics and celebrities who have hilariously started calling him out for his complete lack of self-awareness when giving his opinion on the SAG-AFTRA s
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13 July
“Pricing Is Not an Issue” Disney CEO Shares Explanation for Theme Park’s Dwindling Crowds
After being accused of “missing magic,” driving a “woke” agenda, box office blunders, and an ongoing feud with Florida Gov. Ron DeSantis, the once-retired Disney CEO Bob Iger confirmed an extended stay in his role until 2026. The announcement sent shockwaves through the media, with speculations abound about the Walt Disney Company's perspective on the countless headlines it
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13 July
‘The Challenges Are Greater Than I Anticipated’ Iger Gets Brutally Honest About Disney’s Films
Now that Disney CEO Bob Iger has decided to stay with the company through 2026, he realizes that some work must be done. In an interview with CNBC's Squawk Box, Iger admitted that Disney's recent output of films has been “disappointing,” and there is still work to be done to bring the Walt Disney Studios back to profitability. Disappointing Returns Iger took a brutally honest approach
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