Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
-
Jan- 2023 -3 January
Here are 5 Questions We Have for Bob Iger in the New Year
The Walt Disney Company CEO has questions from investors, fans, and the Disney community that he will have to address this year. The dust has finally seemingly settled after the dramatic Bob Chapek ouster that late November of 2022 saw. After stepping back into his role as Disney's CEO, Bob Iger immediately set to work reorganizing the Walt Disney Company to set right processes his predecessor Mr.
Read More » -
2 January
If It Flops In Theaters But Soars When Streaming, Is It A “Good” Movie? No, It Is Not.
Let’s stop kidding ourselves. If it fails in theaters, it fails as a movie. Disney’s latest animated feature film Strange World was a box-office disaster–the reasons for which have been highly debated–, but it is now the #1 most popular movie offering on the Mouse House’s flagship streaming service, Disney+. This same phenomenon was seen with Disney’s Encanto in early 2022, whic
Read More » -
1 January
Final Numbers Are In: Disney Lost over $120 Billion in 2022
The clock finally ran out in 2022, giving us a final tally on the damage The Walt Disney Company was dealt, and the results are not pretty. Reports show that The Walt Disney Company lost $123 billion in market value in just the past year as its stock price closed the year down 44%. Down Jones Market Research shows 2022 to be The Mouse House’s worst year in its history since 1974, when the stock dr
Read More » -
Dec- 2022 -30 December
Disney Legend, Journalism Icon Barbara Walters Dead at 93
ABC Icon Barbara Walters entered eternal rest today, December 30, at the age of 93. She was the first female anchor on an evening news program, getting her start in 1976, and over the next five decades, she would rack up a legacy of 15 Emmys and scores of memorable interviews with presidents, politicians, world leaders from Bush to Putin. She interviewed every president and first lady, from Presid
Read More » -
30 December
Orlando-Area Residents Sued by Disney Over Knock-Off Mouse Ears, Other Merchandise
Disney’s crackdown on merchandise continues, and one of the latest targets appears to be two Kississimme companies selling knock-off mouse ears and other Themed memorabilia. Reports state that Christopher and Hannah Martin’s companies, The Secret Disney Group and Popsella Marketplace, are being accused of producing and selling merchandise using Disney’s intellectual property. The Martin’s companie
Read More » -
29 December
Disney Stock Drops to Eight-Year Low!
Despite all of the hope that is coming from the return of Bob Iger to the role of CEO, the Walt Disney Company stock price continues to fall, hitting its lowest point in eight years this week. According to MarketWatch, Disney’s stock closed on Wednesday, December 28, at $84.16, dropping just under 3% on the day. Not only does this further fuel the prediction that the Mouse House will have its wors
Read More » -
29 December
10 Things You Can Do with $10 or Less at Disney World
Anyone who has ever been on a Walt Disney World vacation knows that it doesn’t come cheap. You have all those travel expenses to consider along with paying for needed accommodations. Then there are Walt Disney World ticket costs, and maybe even those additional extras you opted for, like Park Hopper and Memory Maker. In the end, you could very well end up coughing up far more cash than you initial
Read More » -
28 December
Southwest CEO Issues Statement as Over 2/3 of Flights Canceled
Southwest Airlines is reeling right now from what can only be described as an unprecedented logistic implosion that has caused more than 60% of the flights, many of which were in and out of Orlando International Airport, to be canceled. While the airline industry as a whole has suffered a major blow due to winter storms, Southwest’s disaster appears to come from an entire systems failure that has
Read More » -
26 December
New Report Says Iger’s Top Priority Will Be a “Solid Succession Plan”
Over the last month since Iger’s takeover of the mantle of CEO at the Walt Disney Company, more evidence has been coming to light about the realities behind the change. The latest report says that on his return, Iger's top priority will be a solid succession plan to ensure what happened with Chapek doesn't happen a second time. Even though prior to his official appointment as Disney's CEO, Chapek
Read More » -
26 December
Disney Is “Worst of the Woke” for Second Year in a Row
For the second year in a row, the Walt Disney Company (along with a few others) has made the “Worst of the Woke” list. The Walt Disney Company has had an eventful year, to say the least. Walt Disney World Resort saw multiple clashes with Florida governor Ron DeSantis starting with the Parental Rights in Education (also referred to as the “Don't Say Gay” bill) controversy, t
Read More »
