Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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Jun- 2023 -30 June
Lawsuit Claims Disney Underpaid Woman by More Than $150 MILLION
More than four years ago, two Disney employees — LaRonda Rasmussen and Karen Moore — filed a lawsuit against The Walt Disney Company. The two women claimed that the company was paying them less than men in the same position as them. In the time since the lawsuit was filed, more women have signed onto the complaint. Now, the attorneys representing Rasmussen and Moore, along with lawyers
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30 June
Move Over, Universal! Disney World Has a Threatening New Competitor
Many Disney Fanatics think of the sassy people running Universal Studios' social media accounts when they think of Disney's biggest competitors within the theme park industry, but Walt Disney World Resort now has another theme park competitor to worry about! A travel journalist named Carly Caramanna has just shed some light on a Caribbean theme park that entices its visitors with a gorgeous settin
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30 June
No One is Safe: Top Analyst Fired During Disney Layoffs
The Disney layoffs have been absolutely brutal. When Disney CEO Bob Iger announced the layoffs in February of 2023, the community was shocked at the magnitude that Mr. Iger made clear was necessary as part of the cost-cutting efforts of the Walt Disney Company. The Mouse House committed to its shareholders that it would work to cut $5.5 billion in costs after the mess that former Disney CEO Bob Ch
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30 June
ESPN Fires Longstanding Female Pioneer in Sports Broadcasting
Suzy Kolber, a renowned sports journalist, and broadcaster, has been laid off by ESPN after an incredible 27-year tenure with the company. This unfortunate development is part of a series of wider job cuts undertaken by Disney throughout the year. Kolber, who enjoyed a remarkable 38-year career in the industry, was most recently recognized as the host of Monday Night Countdown. A Pioneer in Sports
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30 June
Bounce Back Offers Return to Disney World!
For years, Guests staying at Walt Disney World Resort would find themselves able to take advantage of special savings if they booked another Disney World vacation within a certain amount of time of their current vacation. These were called Bounce Back offers. Guests could receive discounts on their hotel rooms, and even free dining plans. Unfortunately, these offers disappeared when Disney World h
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30 June
Barbie Or Ariel? Iconic Heroines Clash at the Box Office
The new live-action Barbie film, which stars Disney-loving Canadian actor Ryan Gosling and Australian actress Margot Robbie, has been highly-anticipated by movie enthusiasts. The film follows Barbie, the iconic character who started the Barbie doll phenomenon of old (and whose dolls have since been replaced by new iterations of the iconic toy dolls). With colorful and frothy trailers filling TV sc
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30 June
ABC News Threatens Ban on Major Polling Company for Ties to Right-Leaning Media Outlets
Disney-owned ABC News has reportedly launched an offensive on the American polling company Rasmussen Reports via a stern email questioning their ties to certain rightwing organizations. The dispute could essentially see Rasmussen Reports excluded from ABC's coverage. Let's take a look at the alleged email provided by the polling company and what exactly ABC wants to make clear through it. To Whom
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30 June
DeSantis Feud Notwithstanding, Disney Among Most Patriotic Brands According to Americans
The Walt Disney Company’s feud with Florida Gov. Ron DeSantis has made headlines for months, and will likely go down as one of the most notable moments in Disney’s (and corporate America’s) history. The battle began with former Disney CEO Bob Chapek speaking out against Governor DeSantis’s “Don’t Say Gay” controversy and escalated into a bitter court battle with both sides flinging lawsuits and co
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29 June
Investor Lawsuit Against Disney Was Improperly Launched By Anti-Abortion Group
In March 2022, ex-Disney CEO Bob Chapek destroyed his relationship with Florida Governor Ron DeSantis when he spoke out against Florida's controversial Parental Rights in Education Bill — also called the “Don't Say Gay Bill”. DeSantis told Disney, in not-so-nice terms, that they need to be quiet because they don't run the state. The House of Mouse paused political donations in th
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29 June
Report: “Non-Woke” Studio Gears Up to Compete with Disney
For decades the Walt Disney Company has been an untouchable entity. After Walt Disney founded the eventual entertainment giant in 1923, it slowly became one of the most culturally relevant and popular names in contemporary times. The company is celebrating its 100th anniversary this year, a milestone in itself, and with that is practically cementing its place in history, no matter what the future
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