Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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May- 2023 -21 May
Hiding Behind the Feud With DeSantis Are Disney’s Business Struggles
If you paid attention to any news about the Walt Disney Company last week, you indeed heard that Disney canceled its Lake Nona project. This cancellation cost the state of Florida more than $1 billion in investment and 2,000 high-paying jobs. The headlines, of course, all said the same thing; Disney's feud with Florida Governor Ron DeSantis cost the state jobs and billions in investment. The truth
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20 May
More GOP Voices Speak Out Against DeSantis vs. Disney
The Disney vs. DeSantis saga has carried on for many months now. What began in the spring of 2022 has carried on through to the summer of 2023 with multiple escalations and punches (read: lawsuits, clever maneuvers, and significantly impactful business decisions). Most recently, Disney demonstrated in no uncertain terms that they were not bluffing about pulling investments out of the Sunshine Stat
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20 May
Florida’s Loss Could Become California’s Gain per Latest Reports
Florida lost out this week, but it seems California has a solid possibility to gain. It’s been a mixed bag of a week for the Walt Disney Company. On the one hand, the company announced that they would be canceling the Lake Nona campus and Walt Disney Imagineering’s move to Florida, but on the other hand, the company’s been moving forward with its DisneylandForward project, which appears to be incr
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20 May
Disney Holds Highly-Anticipated ‘Alien’ Project Hostage
Walt Disney Company CEO Bob Iger has been a very busy man since he returned from retirement to supposedly fix the mistakes of the now-former Disney CEO Bob Chapek — and one area where Iger has been particularly busy involves Disney's filmmaking process! Iger has mercilessly cut back on Disney, Marvel, or Star Wars endeavors that involve spending lots of money on new films or TV shows that mi
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20 May
Disney Cancels Fantasmic! Showings Through Labor Day
There are so many amazing things to do at Disneyland Resort, and the fun doesn’t end when the sun goes down. Between Disneyland Park and Disney California Adventure, there are incredible nighttime spectaculars. At California Adventure, Guests can enjoy World of Color – ONE. Over at Disneyland, Guests can watch the new fireworks show Wondrous Journeys, a celebration of 100 years of the Walt D
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19 May
Disney Just Officially Killed the Chapek Era
What started off as a relatively slow week in the Disney universe really hit a peak on Thursday. Disney CEO Bob Iger and Disney Parks Chairman Josh D’Amaro announced some major changes coming to the House of Mouse. Those changes are some of the final nails in the coffin of the era of Bob Chapek. As you may remember, Chapek became CEO of The Walt Disney Company in February 2020. His appointment nev
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19 May
NEW: DeSantis’s Legal Team Files Motion to Disqualify Judge in Disney Lawsuit
In the next set of developments to overtake the Disney vs. DeSantis feud, there has been another escalation, and this time, it comes from Florida Gov. Ron DeSantis. The Disney vs. DeSantis feud has been long documented and has been overtaking headlines for a long time now. Florida Gov. Ron DeSantis kicked off things by dissolving the Reedy Creek Improvement District board and replacing it with the
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19 May
Experts Predict Economic Trouble for Florida with Disney’s Latest Move
Following a period of uncertainty and conflict between the Walt Disney Company and Florida Governor Ron DeSantis, it appears that Disney is following through on its commitment to pull projects and demonstrate in no uncertain terms the economic repercussions on the Sunshine State if the company and its operations at the Central Florida Disney Resort continue to face attacks. Most notably, this was
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19 May
Orange County Mayor Responds to Lake Nona Cancellation
The Lake Nona campus cancellation has made major headlines since its announcement yesterday. After a tumultuous few months of the Walt Disney Company and Florida Governor Ron DeSantis’s back and forth, it seems apparent that Disney is making good on its promise that there will be real economic consequences for the Sunshine State if the company and Disney Resort’s ability to function within it cont
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18 May
On the Day DeSantis 2024 Rumors Spread, Disney Kneecaps Him
There are no coincidences in life. Everything happens for a reason. And if we've learned nothing else in the feud between Florida Governor Ron DeSantis and the Walt Disney Company, Disney is always one step ahead of the governor, and Disney is much better at crafting a narrative. Related: Governor DeSantis Responds to Canceled Lake Nona Project Earlier this morning, CBS News reported that Florida
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