Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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Jan- 2023 -12 January
Political Commentator Slams Disney, Calls Them “Greedy SOBs”
While Disney is working through assuaging the worries of fans and investors, announcing changes to the Parks, one commentator believes it's still not enough. The Walt Disney Company has been undergoing multiple organizational changes for a few months. Starting with the firing and ousting of former Disney CEO Bob Chapek and the return of his predecessor, the more popular Bob Iger, and going to the
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12 January
Disney Might Take On Saudi Arabia in Upcoming Deal
In news that might take you by surprise, the Walt Disney Company might be taking on Saudi Arabia in an upcoming business deal. The Walt Disney Company is going through a whole host of organizational changes. Just yesterday, Disney announced their new chairman, who will replace Susan E. Arnold. The Mouse House, prior to this, has also been getting used to the structural changes that came through at
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12 January
Enemy or Friend? Nelson Peltz’s Fight for Disney’s Future
More drama is still to come in The Walt Disney Company’s Board Room as CEO Bob Iger, newly appointed chairman Mark Parker, and the rest of the director attempt to keep “activist investor” Nelson Peltz off the board. Here’s what you need to know. Hedge fund manager Nelson Peltz and his Trian Fund Management have had enough with the direction Disney has gone, especially in the past year, and while I
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11 January
Disney Executive Says Company is “Obligated” to Listen to Fans
The Walt Disney Company seems to firmly believe it is giving fans what they want, or at the very least, listening to them. The Disney community has been sitting through a small whirlwind of news for the last few days. From all the Disney Park news, beginning with the removal of Park hopper restrictions to free parking as well as complimentary PhotoPass services for select Guests at the Walt Disney
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11 January
Who is Mark Parker? Meet Disney’s New Chairman
Mark G. Parker has just been named Chairman of The Walt Disney Company, succeeding Susan Arnold, who is nearing her 15-year term limit. Read More: The Walt Disney Company Names New Chairman Parker has been on Disney’s Board of Directors since 2016, but most of his career has been invested in Nike. He is the current Executive Chairman of Nike. Parker also served as President and Chief Executive Off
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11 January
Susan Arnold’s Replacement Announced! Here’s the Walt Disney Company’s New Chairman
The Walt Disney Company has found a new Chairman for the board to replace Susan Arnold whose fifteen-year term is coming to an end. It appears to be a season of change for Disney, whether with the Disney Parks or the company itself. Just yesterday on January 10, 2023, the Disney Parks announced a list of perks for Disney, including free parking for Disney hotel Guests, complimentary PhotoPass serv
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11 January
Report: Disney World Can Add Two New Theme Parks
It appears that The Walt Disney World Resort has enough space allocated to build at least two additional Theme Parks on top of the four already developed. New reports coming out of The Reedy Creek Improvement District’s latest planning meeting state that a “long-term land use plan ‘was updated to allow for the addition of two more minor parks.’” The 2020 plan included 1 major theme park and 2 mino
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11 January
Favored Iger Replacement and Popular Executive to Speak at Upcoming Conference
A key Disney executive—also known to be immensely popular with fans—will be speaking at an upcoming conference soon. It's been a rough few months for the Walt Disney Company. The Mouse House has been at the center of controversy after controversy, be that with Reedy Creek and its fight with Florida Gov Ron De Santis, its issues with the “Don't Say Gay” or Parental Rights in Education l
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10 January
Everything That is Supposed to Open at Disney World This Year and When
Keeping up with all of the latest Disney news regarding closures, renovations, and openings throughout the various Disney Resort and Park locations around the world can be a bit of a challenge. Doesn’t it just seem like the Walt Disney Company always has a ton of irons in the fire at any given time? And so many times the plans they tease us with either undergo a full reimagining or become delayed
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10 January
Former Disney World Employees Suing Company for “Discrimination”
Two former Disney World employees are suing the company due to termination because of Disney's policies of mandated Covid-19 vaccinations. It's been years since the Walt Disney Company started instituting policies regarding all employees getting a mandatory vaccination for Covid-19 coronavirus as a response to the pandemic that has irrevocably changed the world over the last few years. However, th
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