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 -9 February
Disney+ Needs a “Classics Only” Subscription Option and Make Fans Pay for the New Stuff
When The Walt Disney Company launched its streaming service, Disney+, the true purpose was almost immediately fulfilled. Sure, it has delivered some incredible cinema-quality original programming like The Mandalorian, and it served as solid platform to compensate for covid-related issues with theatrical releases. But, let's be honest: at the end of the day, there is only one reason everybody has a
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9 February
What Does the End of the Bob Chapek Era Really Mean?
Disney has repeatedly hammered the point home that the Bob Chapek Era is over. But this begs the question, what does this mean for the current state of the Walt Disney Company? As Disney Fanatics know, the February 8 earnings call brought a lot of news—some good, some grave—for Disney fans to process. Post the earnings call, the continued trickle of information has brought more clarity about the n
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9 February
Is Disney About to Give Up a Huge Part of Its Streaming Family?
When it comes to the streaming game, there is a lot out there to choose from. It seems that nearly every company has its own streaming service, from HBO to Discovery, Paramount, MGM, Disney, and more. Disney launched its streaming platform, Disney+, in 2019 and immediately allowed subscribers to access hundreds of movies and television shows at the click of a button. Disney executives were also ho
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9 February
Disney Layoffs Questions: Will Executives Take “Major Pay Cuts?”
The February 8 earnings call took the Disney community by storm, and in particular, the announcement of the Disney layoffs has raised questions among shaken fans. It seems that former Disney CEO Bob Chapek ‘s Era is truly over. Disney has taken multiple steps to ensure that much has been made clear. During the February 8 Walt Disney Company earnings call, Disney CEO Bob Iger announced a mass
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9 February
Here’s How Disney’s Layoffs Are Going to Affect the Disney Parks
The Walt Disney Company earnings call that took place on February 8 brought with it the shocking announcement that the Mouse House was going to see major layoffs. As more details about these layoffs come to light, Josh D'Amaro, Chairman of Disney Parks, Experiences and Products, explained that the Parks wouldd also significantly reduce staffing. It's going to be a tough year for the Walt Disney Co
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9 February
Disney Stock Jumps After Bob Iger Announces Major Layoffs
On February 8, Bob Iger held his first earnings call since taking over as CEO once again. Chapek has been in charge since November 2022, when Disney’s Board of Directors decided to fire CEO Bob Chapek after years of turmoil. Since Iger has stepped back into the role he knows so well, he has made several big changes, mainly on the theme park level. Wall Street, the Hollywood entertainment industry,
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9 February
Bob Iger Doesn’t Want to “Get Into” What Went Wrong With Bob Chapek
In February 2020, Bob Iger officially stepped down as CEO of The Walt Disney Company, and Bob Chapek stepped up to take his place. Almost immediately, things did not go well for Mr. Chapek. Just one month after he became CEO, he had to deal with the COVID-19 pandemic, and all Disney Parks were forced to shut down. From there, things did not get much better. Chapek was seemingly only concerned abou
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9 February
Bob Iger Wins! Invading Investor Ends Proxy War After Disney Restructuring News
The battle for the Kingdom’s highest Court is reportedly over, as Activist Investor Nelson Peltz withdraws his proxy fight to join Disney’s Board of Directors after CEO Bob Iger outlined a massive reorganization of The Company during the Q1 2023 Earnings Call. But how much damage in terms of voting proxy has already been done? Trian Partners founder Nelson Peltz says his proxy fight with Disney is
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8 February
Disney Announces Sequels to ‘Toy Story’, ‘Frozen’, and More!
On February 8, The Walt Disney Company held its First Quarter Earnings Call for the 2023 Fiscal Year. It was the first earnings call since Bob Iger took over as CEO of The Walt Disney Company for the second time, so investors and fans alike were looking forward to it. The call went well, with Iger making several big announcements, including an Avatar attraction coming to Disneyland Resort and the
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8 February
Bob Iger Confirms the Return of Disney Shareholder Dividend
After three years, the Disney Dividend is going to return! In 2020, The Walt Disney Company, under the fresh command of now-former CEO Bob Chapek announced a suspension of the decades-long payout of a shareholder dividend. Each shareholder received a small distribution which was proportional to the number of shares they owned. The last payout just before the suspension shows the dividend at $0.88/
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