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 -12 May
Everything We Know About Changes to Disney+
A lot of changes were announced for Disney+ and Hulu this week during The Walt Disney Company's Q2 earnings call. Here is a breakdown of the key changes that are about to move forward. Disney+ and Hulu will Become One App Similar to the operations of Disney+ Hotstar in foreign markets, Disney CEO Bob Iger announced that Disney+ and Hulu will be combined into one app. This will be to provide
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12 May
Do Americans Really Care About Disney vs. DeSantis?
The Disney vs. DeSantis feud has seemingly overtaken headlines for the last few weeks. Everywhere we turn, news has been flooding our inboxes and feeds about each escalation and update on the happenings. While most Disney Fanatics are certainly tuned in to what’s going on down in Florida between the Walt Disney Company-owned Walt Disney World Resort and Florida Gov. Ron DeSantis, it seems like the
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12 May
Disney Stock Plummets After Recent Earnings Call
On May 10, The Walt Disney Company hosted its second-quarter earnings call for the 2023 fiscal year. During the call, Disney CEO Bob Iger and Chief Financial Officer Christine McCarthy shared where the company had succeeded and where it fell short. Disney's global theme parks performed exceptionally well. Disneyland Paris has been seeing a record number of visitors, and Shanghai and Hong Kong are
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11 May
It Turns Out Disney Struck Another Secret Deal with Reedy Creek Before it was Dissolved
Just before the Central Florida Tourism Oversight District took over the Reedy Creek Improvement District, Disney was busy. It needed to ensure self-control despite Florida Governor Ron DeSantis' new board taking over. Since the takeover, information has been trickling out about the deals the Walt Disney Resort struck with Reedy Creek in the moments before it was dissolved. The first to come out w
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11 May
Voters Think Disney Is NOT the Best Theme Park in the US
When a lot of people think about what theme parks they would love to visit, Disney theme parks and Resorts are typically at the top of the list. Especially if that vacation is in the United States. Whether you are heading to Disneyland Resort in Anaheim, California, or Walt Disney World Resort in Florida, you are guaranteed to have a magical time (but it may be really hot). Even though Disney is s
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11 May
One Line in Iger’s Earning Call Should Scare the Hell Out of DeSantis
Disney CEO Bob Iger held the Walt Disney Company's quarterly earning call with investors this week, covering a wide range of subjects. Iger announced that Disney+ lost millions of subscribers, Hulu will combine with Disney+ in a new app, and Disney Parks continued to rake in money. Related: How's this Going to End? The Possibilities for a Disney/DeSantis Feud Ending. But the one thing that everyo
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11 May
Push for Control? DeSantis’s Board Plans to Set up Code Enforcement System at Disney World
The Central Florida Tourism Oversight District board has been busy. Over the last few weeks, outside of the back and forth with the Walt Disney Company (recall here the lawsuit that Walt Disney World filed against Governor DeSantis and the countersuit the board filed against Walt Disney World), the board has also been in talks with the first responder union for new contracts, has appointed a new d
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11 May
New Anchors Tapped For ‘GMA3’ After Firing Anchors Who Had Affair
Back in November, two anchors from the show GMA3: What You Need to Know found themselves making the headlines instead of reporting on them. It was revealed that co-anchors Amy Robach and TJ Holmes had been having a months-long affair. The crux of the issue wasn't that anchors Holmes and Robach had kindled a relationship. It was the fact that they were both married at the time their relationship be
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11 May
New CFTOD Board Administrator Wants to “Support Affordable Housing”…but Accepted $400,000 Salary
Much has been written, said, and done in the Disney vs. DeSantis case. The new Central Florida Tourism District Oversight District board (formerly the Reedy Creek Improvement District board) has been busy getting to work on cementing its position, and it’s been a long journey here. After a long year of back-and-forths, newly introduced legislation, and lawsuits on Disney’s and Florida Gov. Ron DeS
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11 May
Disney Star Declares “Witch Hunt” And “Racial Bias” in Disturbing Domestic Violence Case
One of the most successful branches of The Walt Disney Company is Marvel Studios. From the time Disney purchased Marvel back in 2009, the Marvel Cinematic Universe has raked in billions of dollars for the House of Mouse. Some actors and actresses in the films are known before their roles, but other lesser-known actors are shot to superstardom once they nab a key role. One of those people who shot
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