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 -6 February
Ron DeSantis Will NOT Dissolve Reedy Creek, But MAJOR Changes Are Coming
Early last year, Disney found itself in a heated battle with controversial Florida Governor Ron DeSantis. The trouble began when DeSantis and his fellow Florida Republicans passed the Parental Rights in Education Bill — a bill that critics slammed as targeting the LGBTQ+ community. After remaining silent for a while, then-Disney CEO Bob Chapek spoke out against the bill and said that Disney
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6 February
Report: Disney Allows Chinese Censorship Again on Disney+
The Walt Disney Company's relationship with the Chinese Communist Party has been a topic of debate and criticism among fans and investors alike for the past several years. Since CEO Bob Iger was able to secure a deal that led to the creation of Shanghai Disney Resort–the first American Theme Park built in Mainland China–decisions by the company have been made that make people question
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5 February
Disney Highlights “Plus-Sized” Cast Members Despite TRON Ride Accusations
Walt Disney World Resort is currently under fire and facing backlash due to the reportedly less-than-inclusive seat sizing on the Disney Resort's new and highly-anticipated roller coaster TRON: Lightcycle/Run in the Magic Kingdom, with larger passengers complaining about the ride's small seats as testing begins. Whether or not it is a coincidence remains to be seen, but Disneyland has also recentl
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4 February
Server Error? Cast Members Complain TRON is Least Inclusive Ride at Disney World
After seven years, TRON: Lightcycle/Run has finally begun welcoming its first “users” onto the grid, with Walt Disney World Cast Members flooding into Tomorrowland for their exclusive previews. However, there appears to be a server error on the grid. A significant number of Cast Members are reporting that they are too big to fit onto the standard Lightcycle ride seating, and social med
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4 February
Cast Member Union Officially Rejects Disney World Wage Offer
Once again, Walt Disney World officials and the Cast Member Union UNITE HERE LOCAL 737 are going back to the negotiating table. Earlier this week, it was reported that Union Leaders rejected the wage increase offered by Disney World. Despite the fact that the new contract would keep Disney's minimum wage increase vastly ahead of the State of Florida's current rate, and was above the argued baselin
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3 February
Iger Setting Right Chapek’s Mistakes, Follows Up Theme Park Changes With This New Strategy
It appears Disney CEO Bob Iger is keeping to his goal of setting right the immense losses of the Walt Disney Company with strategy changes. It seems the dust is settling after a dramatic end to the year for the Walt Disney Company in 2022. When the final numbers came to, it was clear that Bob Chapek had made decisions that weren't quite benefitting the Mouse House (despite his unfortunate nickname
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3 February
Disney Fights Back Against Annual Passholder Lawsuit
When Walt Disney World Resort reopened after its forced pandemic closure, there were many procedures in place that altered the Disney experience. Most notably, there were strict capacity limits in the Parks, masks were mandatory, and social distancing was enforced. Perhaps the biggest change came in the form of theme park reservations. To enter the Magic Kingdom, Hollywood Studios, EPCOT, or Anima
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2 February
Disney Still Listed Among Top 10 “World’s Most Admired Companies”
It may not be the biggest stretch to say that The Walt Disney Company’s 2022 was one of the most disappointing years in its 100-year history. Scores of fans were claiming “The Magic is Gone.” Theme Park Tickets and Annual Passes continued to rise despite the depreciating Guest experience. Highly-anticipated movies from Pixar and Walt Disney Animation bombed at the Box Office. A culture
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2 February
New Disney Investor Targeting Board Member In Messy Proxy Battle
Less than two months after Bob Chapek was fired from his position as CEO of The Walt Disney Company, Susan Arnold announced that she was stepping down as the Chairperson of Disney’s Board of Directors. Arnold was Disney’s first female Chairperson of the Board and, during her tenure, always publicly supported Chapek, and even encouraged the Board to extend his contract. When Ms. Arnold’s departure
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1 February
ABC News Producer Arrested on Child Pornography Charges
It seems like a story only a Hollywood screenwriter could make up. Nearly one year ago, the Federal Bureau of Investigation raided the home of ABC producer James Gordon Meek in Arlington, Virginia. For nearly a decade, Meek was a member of the Walt Disney family, and a top producer for ABC News, working on shows like 20/20 and ABC News Nightline. Not long after the raid, Meek quickly resigned from
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