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 -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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13 July
Bob Iger Reconsiders Disney’s Future in Television, ABC and ESPN in Jeopardy
Disney CEO Bob Iger isn't wasting any time after confirming that he will stay in his role until the end of 2026. With the Walt Disney Company in a period of uncertain decline, the iconic leader has already made some major shakeups within its business dealings. Amid massive company-wide layoffs, Iger is next considering axing entire subsidiaries he no longer deems core to Disney's brand. Iger has b
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13 July
‘Preposterous And Inaccurate’ Iger Addresses DeSantis’ Claims About Disney Sexualizing Children
In a wide-ranging interview with CNBC's Squawk Box, Disney CEO Bob Iger addressed the company's ongoing feud with Florida Governor Ron DeSantis and the accusations DeSantis has made on the campaign trail that Disney is trying to sexualize and groom children. Related: Every Fight DeSantis Picks With Disney Hands His Biggest Rival a Victory Iger called that accusation “preposterous and inaccur
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12 July
Disney Movies and Shows Could Come to a Grinding Halt
There's a lot that goes into a movie before it hits the big screen. Heck, there's a lot that goes into making a movie before the actors even arrive on set. Each film and television show has hundreds — if not thousands of people — that are all essential to making the final project come together. However, the script and the acting are what the audience hears and sees, so many consider th
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12 July
Every Fight DeSantis Picks with Disney Hands His Biggest Rival A Victory
Near the end of Act I of Hamilton, Aaron Burr wonders why Alexander Hamilton relentlessly writes and discusses his opinions. Burr sings, “Every proclamation guarantees free ammunition for your enemies.” Every time Florida Governor Ron DeSantis opens his mouth about the Walt Disney Company, he hands his enemies free ammunition to ruin his political future. Now, he just gave his biggest
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12 July
Bob Iger Officially Extends Stay as Disney CEO
Bob Iger has officially agreed to the Disney Board's request to remain CEO for an extended period of time past his initial date. He will be staying with the company through the end of 2026. The prominent Disney icon returned to the entertainment giant last year after then-CEO Bob Chapek stepped down. Iger hopes he can help the company navigate this difficult economic environment and recapture the
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12 July
EXPERTS: Tech Giant Likely to Buy Disney in Next Three Years
Disney is one of the most consistent brands that's existed. Since founder Walt Disney began the company a hundred years ago, audiences could always count on to deliver family-friendly entertainment and a fun theme park experience with a Walt Disney World Resort trip or Disneyland Resort vacation. However, recently, Disney has been struggling. The momentum they've gained over the years is paying of
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12 July
Disney Invests in the “Most Challenging” Global Market, Continues Cutting US Disney+ Content
As the Disney+ library hemorrhages content in the US, the Walt Disney Company is in talks to expand its most successful global streaming audience. Since the Walt Disney Company's second-quarter earnings call, Disney+ has delivered on its promise to cut content from its library. With former executives like Bob Chapek and Christine McCarthy zeroing in on Disney's streaming service to inform Park dec
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11 July
Former Imagineer Says Disney Parks No Longer ‘Democratic,’ Ruins the Experience
Preparing to go on a Disney vacation can be an experience all by itself. There are, of course, the basics like hotel and Park tickets, but then you have to plan for the extras. Sixty days before your vacation, you must wake up early and plan your restaurant choices. Then at 7 a.m. on the day of your Park visit, there is the planning for your Disney Genie Pluse experiences. Related: Disney's Proble
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