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 -14 March
New Experiences Coming to Tomorrowland Ahead of Tron Opening
Perhaps you’ve heard the rumors that the Tron Lightcycle/Run will open on April 4? At this point, it’s been pretty difficult to escape the news of Walt Disney World’s latest thrill ride. But Disney recently announced that several other changes will be coming to Tomorrowland in the Magic Kingdom to help welcome the new attraction. The new Tron coaster has been in the works for years, and Walt Disne
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14 March
Disney Lists Copyright Protection Among Business “Risk Factors”
The Walt Disney Company does not joke about its Intellectual Property Rights. Special copyright laws like the aptly named “Mickey Mouse Protection Act” have been passed and individuals have been sued, banned from Theme Parks, and even thrown in prison all for the sake of protecting the IP. In its 2022 Annual Fiscal Report, Disney tells its investors, “The Company's businesses throughout the
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14 March
Disney Acknowledges “Labor Disputes” In Message to Shareholders
The Walt Disney Company has just sent the 2023 Proxy Statement to Disney shareholders, and there have already been many takeaways from the document (including a controversial proposal and a surprising reveal about Walt Disney Company CEO Bob Iger and his expensive fixation on personal security). In the 2023 Notice of Annual Meeting of Shareholders and Proxy Statement that was sent to Disney shareh
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14 March
Disney CEO Spends $830,000 on Personal Security Despite Company’s Financial Struggles
The Walt Disney Company has been experiencing a lot of ups and downs lately, so Disney stockholders are keeping a close eye on their investment — especially since plenty of Disney shareholders are also passionate Walt Disney World Resort or Disneyland Resort enthusiasts who visit the Disney Parks often and pay attention to the theme parks' goings-on. The Walt Disney Company experienced a hug
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14 March
Disney Stands Against Shareholders’ Demand for “Communist China Audit”
In just a few weeks, disgruntled shareholders will have another chance to force Disney to come clean on its dealings with Mainland China and the controlling Chinese Communist Party. On Monday, April 3, 2023, The Walt Disney Company will host its Annual Meeting of the Shareholders, and during that time, investors on all levels will get a say in how the Mouse House moves forward. Three “Shareh
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13 March
DO NOT Go To Disney World This April
If you ask any Disney “expert” the best time to go to Walt Disney World, to a person, they will tell you to go when kids are in school. The best times are usually September, early October, late January, or early February. No, really? So, you’re saying that the best time to go to Disney World is when no one else can go? Huh, I should write that down. That’s sound advice (he said sarcastically). But
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13 March
Is Disney Replacing Its Animators With AI? The Truth May Be Scary
It’s no secret that Disney has been having some problems settling on a contract with its Cast Members. Walt Disney World Cast Members have been working without a contract since last October and, more recently, rejected a contract offer from Disney. CEO Bob Iger has also recently announced massive layoffs at the Walt Disney Company. It would appear to be the wrong time to be working for Disney. And
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13 March
Legendary Disney Imagineer Rolly Crump Dead at 93
Disneyland Resort in Anaheim, California, is the place where Walt Disney brought his dreams of a place where adults and children can all have a magical time to life. Walt’s original Park features not only Sleeping Beauty Castle, but also attractions that have become some of the most iconic rides in history, including Walt Disney’s Enchanted Tiki Room, The Haunted Mansion, “it's a small world
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13 March
Bob Iger Promotes Cast Members’ “Greatest Champion”, Promising Better Treatment
Central Florida residents, Walt Disney Company stockholders, and Disney Fanatics are already familiar with the as-yet unsuccessful wage negotiations between the Walt Disney World Resort Cast Members' union and their employer. Many Cast Members have shared their struggles with poverty on social media — and in protests — making it clear that they are struggling to afford basic necessitie
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13 March
Iger Continues In-House Shakeup With Major Staff Change
Walt Disney Company CEO Bob Iger is apparently not done with his ‘renovations' inside the company! According to Deadline, Human Resources executive Sonia Coleman is being promoted to Senior EVP and Chief Human Resources Officer and her predecessor Paul Richardson “is leaving the company after more than 15 years” (whether or not Richardson's exit was a layoff is unclear). Sonia Co
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