Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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Apr- 2023 -25 April
“F–k him, he loses”: Buzzfeed Once Refused to Sell to Disney, Now Its Shutting Down an Entire Division
During its run, Disney has acquired its fair share of companies. From Marvel and Lucasfilm to 20th Century Fox and Hulu. The Walt Disney Company is known for these acquisitions—particularly during Disney CEO Bob Iger’s previous ride at the helm—but it’s recently come to be known that there was one acquisition that Disney was angling for that didn’t pan out. Except in this case, it was the company
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25 April
Florida Bill Could Put Disney Monorail, Railroad Under Department of Transportation
A new bill has been introduced in Florida's capital that seems to put the Walt Disney World Monorail System and other Disney World Transportation under the jurisdiction of the Florida Department of Transportation (FDOT). According to the Orlando Sentinel, an unnamed bill is making its way through the Senate that could require all of Walt Disney World's transportation systems to meet FDOT standards
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24 April
Disney/ESPN Exec. Let Go After 43 Years While Wife Battles Cancer
Round Two of the bloodbath began today. What Disney CEO Bob Iger promised months ago has now come to fruition. The first round of layoffs at the Walt Disney Company started last month, and now, the second round of cuts began today, hitting Disney-owned ESPN the hardest. This week, the Disney Company is expected to lay off “several thousand” people to get closer to the 7,000 employees I
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24 April
Twitter Falls For Disney-Related ‘Scam’
Both Twitter and the Walt Disney Company have been facing plenty of controversies as of late — and now, the social media titan and the entertainment juggernaut have clashed! Twitter, under the new leadership of Elon Musk, recently changed its verification process for Twitter accounts (ie. the switch from blue check marks to a variety of colored check marks for verified accounts belonging to
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24 April
How DeSantis’ Meeting with This Foreign Leader Can Connect to Disney Fight
Recently, Florida Governor Ron DeSantis met Japanese Prime Minister Fumio Kishida to discuss business relationships. But from the Disney fan's perspective, shaking hands in the picture below is a political leader struggling to wrestle power away from Disney and the leader of a nation whose Disney Resort is the only one in the world completely outside of the company's control. Governor DeSantis Mee
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24 April
75.2 BILLION Reasons Why Florida (and DeSantis) Needs Disney
After humble beginnings in 1923, the eponymous company founded by Walt Disney and his brother Roy O. Disney began its journey that would revolutionize entertainment and animation, and pave the way for the Walt Disney Company to become one of the most prominent names in its field over the next hundred years—though it certainly had its ups and downs. The Walt Disney Company became known for its fami
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24 April
Disney Begins Second Round of Layoffs
Another round of layoffs was released across multiple aspects of The Walt Disney Company this morning. Following the first round several weeks ago, this next wave is expected to terminate over “several thousands” of jobs between Monday, April 24, and Thursday, April 27, getting the company closer to Disney CEO Bob Iger's 7,000 job-cut goal in an effort to reduce costs by $5.5 billion.
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24 April
Longtime ‘Dancing With the Stars’ Judge, Len Goodman, Dead at 78
We have some sad news to report, Dancing With the Stars, fans. Longtime judge and big British personality, Len Goodman, has died. He was just 78 years old. Goodman was a well-known professional ballroom dancer who became a judge on the hit ABC show Dancing With the Stars. Goodman was one of the show's three original judges, along with Carrie-Ann Inaba and Bruno Tonioli. He also judged alongside fo
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23 April
CEO of Universal Resigns After “Inappropriate Relationship”
On Sunday, April 23, the entertainment industry was shocked to learn that the president of NBCUniversal, Jeff Shell, would be resigning, effective immediately. The resignation came about after an investigation was conducted, and it was determined that Shell had engaged in an “inappropriate relationship”. It was not said who he was involved in the relationship with. Both Shell and Comca
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23 April
Is Disney Punishing ‘National Treasure: Edge of History’ For Being Too “Woke”?
The series that gave avid Nicolas Cage and National Treasure fans hope (after 15 years of waiting for another treasure hunt project from Disney) has unfortunately met its end early on — and some people think that the show's progressive qualities were its downfall. The National Treasure film series was initially a fairly straightforward premise. Nicolas Cage played treasure hunter (or as he w
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