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 -13 May
Should Bob Iger Forget About Disney World?
In the six months that Bob Iger has been CEO of The Walt Disney Company (again), he has had to deal with an ongoing fight with Florida Governor Ron DeSantis. The battle began while Bob Chapek was still in charge of Disney. Chapek spoke out against Florida's Parental Rights in Education Bill, which the governor did not appreciate. Since then, DeSantis has repeatedly targeted Disney with various pie
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13 May
FIRST LOOK: Disney Reveals Madame Leota In New Live-Action ‘Haunted Mansion’
All the way back in 2010, Disney announced that it would be making another live-action film based on its classic attraction, the Haunted Mansion. Originally, legendary filmmaker Guillermo Del Torro was brought on to direct the film and write the script. Del Torro did complete a script, but it was deemed too scary for the audience Disney wanted to target. So, the untitled Haunted Mansion project sa
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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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