Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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Mar- 2023 -17 March
‘Dancing With the Stars’ Host Leaving After 3 Seasons
For more than 15 years, millions of viewers tuned to ABC each week to watch celebrities tango their way across the ballroom on the hit show Dancing With the Stars. Over the years, the show has featured a number of big-name celebrities like Sugar Ray Leonard, Jerry Springer, Bill Nye (the Science Guy), Toni Braxton, John Ratzenberger, and more. Over the years, the show has not only featured a ton o
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17 March
Critics Are Demanding a Complete Overhaul of Disney
2022 was one of the Walt Disney Company's worst years since the 1970s. The Mouse House saw its stock drop to an all-time low, and the company faced one challenge after another, experiencing what many call a “disaster” of a year. While one consequence of this year was the former Disney CEO Bob Chapek being ousted from his position, and his predecessor Disney CEO Bob Iger, coming back to
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16 March
Hundreds of Disney Cast Members Rally for a Raise
Hundreds of Disney Cast Members held a rally on Thursday, March 15, seeking a “living wage” from the Walt Disney Company. Disney and the unions representing its Cast Members have been at an impasse over contract negotiations since the contract with Disney Cast Members expired last October. HAPPENING NOW: Disney Cast members are rallying for better wages behind Magic Kingdom @MyNews13 #News13Orange
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16 March
Recent Reports State Iger is “Stuck”
Being the man in charge of the world's largest entertainment company is not easy. Disney CEO Bob Iger certainly has his hands full. After initially retiring in 2020, a few short months before the pandemic, the CEO was brought back in November 2022 to pull Disney out of its mess: a mess that many argued Mr. Iger himself created with his purchases that left Disney immeasurably in debt. However, now
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16 March
Bob Iger, Josh D’Amaro Continue Personal Disney Theme Park Inspection
Disney leaders Bob Iger and Josh D'Amaro chalked another Disney Resort visit off their list as the duo continue their hands-on inspection of the overall division. After making crucial visits to the Disneyland Resort in Anaheim, California, and the Walt Disney World Resort outside Orlando, Florida, the returning CEO and Chairman of Disney Parks, Experiences, and Products visited Disneyland Paris Re
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15 March
Disney in Court Over Response to Florida’s ‘Don’t Say Gay’ Law
Disney can’t seem to catch a break. Every move they make lately appears to be the wrong one, particularly those moves which led to the Mouse House losing control over the Reedy Creek Improvement District in a fight with Florida Governor Ron DeSantis and the Florida Legislature over Disney’s response to Florida’s Parental Rights in Education Act. While critics of the bill have slammed it as anti-LB
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15 March
Disney Parks No Longer Top Searched Vacation Destinations
The Magic Kingdom of Disney has lost its proverbial crown and place atop the internet's most sought-after destinations by users looking to plan their family vacation. Related: Former Disney Imagineer Says Going to Disney Parks Too ‘Complicated’ Over the past few years, Disney Parks have been criticized intensely for a variety of factors that self-declared lifelong fans cite as their reason to take
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14 March
Filmmakers Call Out Disney For Promoting ‘Little Mermaid’ During Oscars Broadcast
On March 12, Hollywood held its most star-studded event of the year — the 95th Annual Academy Awards. The show featured celebrities, hit songs, stunning outfits, and a new champagne carpet. The Oscars were broadcast on ABC, which has been broadcasting the awards show every year since 1976. While the Oscars had more viewers than it did last year — despite it being a longer show —
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14 March
“No Assurance”: Disney Gets Honest About “Environmental, Social, Governance” Goals
Of all the ways that a company like Disney can be flagged as going “woke,” one of the most definable is when that company focuses on Environmental, Social, and Governance Matters. Called ESG for short, this moral-focused business direction has been a topic of debate throughout 2022, with many corporations voluntarily taking up the new standards focused on diversity, human capital, clim
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14 March
Shareholders Demand Disney End Donations to Politicians Who “Misalign” With Company’s Values
On April 3, The Walt Disney Company will hold its Annual Shareholders Meeting. The Annual Shareholder’s Meeting is when shareholders can make proposals that other shareholders vote on. Oftentimes these proposals involve Disney having to explain decisions they made, donations they made, and votes on whether the company should be more transparent on its political spending. This will be the first Sha
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