Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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Feb- 2023 -17 February
Disney+ Braces Marvel and Star Wars Fans For “Franchise Recession”
If you're a Disney+ subscriber or Disney bundle customer who has been enjoying Disney's release of new Disney, Pixar, Star Wars, or Marvel content onto the streaming platform, then you may be disappointed by the plans that Walt Disney Company CEO Bob Iger is making! According to the Hollywood Reporter, “after years of Marvel and Star Wars movies and shows inundating screens big and small, Di
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17 February
Disney Employees Threaten “Long-Term Harm,” Stand Against Return to Office Order
It was shortly after his return to the CEO position that Bob Iger announced that employees of The Walt Disney Company would be returning to the office, and the day of reckoning is fast approaching. We at Disney Fantatic previously reported that on March 1, all hybrid employees would be required to work at the office four days a week. “In a creative business like ours, nothing can replace the
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16 February
Did Bob Iger Drop a BIG Hint About Who His Successor Will Be?
Back in November 2022, Disney’s Board of Directors shocked Guests around the world when they announced that CEO Bob Chapek had been fired and would immediately be replaced by former Disney CEO Bob Iger. Even though the news was surprising, it was welcome, as many were not fans of Chapek’s cost-cutting and price raising while things seemed to be going downhill regarding how the Parks were being mai
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15 February
Brightline Sets Start Date for Orlando Service
All aboard! High-speed passenger rail service will finally commence in and out of Orlando International Airport this year. Brightline, Florida's private passenger rail service announced that it will be ready to connect travelers and tourists to Orlando and South Florida by late Spring or Early Summer. According to Tampa Bay Business Journal, “Train service from South Florida to Orlando is e
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14 February
Couple Gets Years in Prison for Selling Counterfeit Disney DVDs
After almost a decade, a pair of Disney DVD pirates from Columbia, Missouri, is finally going to prison after running a smuggling scheme that sold hundreds of counterfeit copies of everybody’s favorite animated movies on eBay. According to a release from the Department of Justice, “Tabitha Nicole Rodgers, 43, and her husband, Clint Travis Rodgers, 49, were sentenced in separate appearances b
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14 February
Competition Raises Minimum Wage Higher Than Disney World
While wage negotiations between The Walt Disney World Resort and its labor unions, progress is made a little further down I-4 at the Mouse House’s biggest competitor. Starting this Summer, Universal Orlando Resort will raise its minimum wage, and if things don’t change, the Team Members at Universal Studios Florida, Universal’s Islands of Adventure, and Volcano Bay Water Park will officially enjoy
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14 February
Marvel Star Announces Shocking Career Change
If you're a fan of Marvel movies from the Avengers or Guardians of the Galaxy franchises, then you can probably recognize the Scottish actress Karen Gillan in at least one colorway: blue. Gillan plays Nebula, the quasi-cyborg daughter of Thanos and sister of Gamora who turns from villain to straightfaced comic relief (when she's not feeling emotionally tormented, that is) — but the actress h
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14 February
Former Senior Disney Executive Dies at 47
We bring sad tidings from the world of Disney. The former Disney distribution chief, Dave Hollis, has died at the age of 47. It appears to be one hard report after another. Recently, we lost ABC star from Laverne & Shirley, Cindy Williams, today, we're reporting on Hollis's passing. The former president of worldwide distribution passed away in his home in Austin, Texas. Hollis saw an incredibly su
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13 February
Amid Disney Layoffs and Rumors of Mickey Mouse Being Replaced, Many Question the Safety of Disney
Much has been said about the Disney layoffs that were recently announced. In response to the challenging position that the Walt Disney Company currently finds itself in, fans have questioned whether the top-level C-suite executives would also sacrifice as much as hourly workers. However, in the midst of this, one article has asked a question that, while on the surface is humorous, could hide a dar
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13 February
Wall Street Analyst Sticks With Disney Despite Controversies
According to this report, at least one Wall Street analyst still thinks that the Walt Disney Company is a good ‘horse' to bet on in the stock market — even though morale among Disney employees is low, Disney Resort and Disney Park Guests are complaining extensively about their experiences on Disney vacations, and Disney's CEO Bob Iger has just announced some big shakeups for the compan
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