Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
-
Dec- 2022 -23 December
Anxiety, $19 Billion Debt and an Eye for Talent: The Legacy of Bob Iger
A recent analysis shows that current Disney CEO Bob Iger is far more responsible for the mess in which Disney finds itself than people hold him accountable. It's been a little over a month since Bob Iger returned to helm the Walt Disney Company and recovered the mantle of chief executive officer of the Walt Disney Company from his chosen successor—the now ousted former CEO Bob Chapek. During this
Read More » -
23 December
Disney Fighting with TV Groups to Prioritize Streaming Windows
Once upon a time, a new movie’s distribution course was steady and clear. The movie theaters got exclusive rights for several months to a year, and then fans would be able to see it on TV and on VHS, DVD, then Blu-Ray. But ever since 2019, that has all begun to change rapidly, and what was first able to be concealed behind blanket Covid-19-related concerns has now clearly become a matter of studio
Read More » -
23 December
Disney World’s Genie+ Price Hits Record High Again
Merry Christmas! On December 23, the controversial Disney Day optimizer and Disney FastPass replacement was made available for its current record-high price since launching just over a year ago. While the Disney Genie service is initially free, offering access to personalized tip boards and suggestions for food and beverage options, Disney Genie+ features some PhotoPass features, and Lightning Lan
Read More » -
22 December
Here Are Wells Fargo’s Predictions For Disney to Recover From Its Current Predicament
While the Walt Disney Company has seen much reorganization in its present era under Iger's leadership, Wells Fargo predicts even more changes in the coming year. The Mouse House has had a very interesting and eventful end to its year. The Walt Disney Company has seen a “clean up” of sorts, with Bob Chapek being ousted from his position as chief executive officer of the Walt Disney Comp
Read More » -
22 December
Will “Avatar 2” Come to Disney+ Sooner Rather Than Later?
By now, it's no longer news that Avatar: The Way of Water, the highly anticipated Avatar sequel, has not performed to expectations. But there's a chance that Disney set itself up for the situation it finds itself in. Avatar 2 has been in the news for various reasons, and only a few are good. While the movie opened with hitting $134 million, it still fell short of box office expectations. The film
Read More » -
21 December
Bob Iger Claims “There Has Never Been a Better Time To Be a Disney fan”
Even though there has been a lot of upheaval in the world of Disney recently, current Disney CEO Bob Iger shared an optimistic message with D23 members. The news of former Disney CEO Bob Chapek being ousted from his position and his predecessor Bob Iger coming back in to take up the mantle once again swept the Disney community and broke the internet last month when it was announced. In just a week
Read More » -
21 December
New Report Suggests Bob Chapek Was Set Up To Fail
As the dust settles after Bob Chapek's ousting, more evidence is coming to light in the aftermath that the controversial CEO was set up to fail. The Walt Disney Company has seen much upheaval in the last month, between the ousting of former Disney CEO Bob Chapek and the return of his predecessor, current Disney CEO Bob Iger. Iger has been called in to reorganize the company post Chapek’s tenure, i
Read More » -
21 December
OpEd: How Can a Movie Make $435 Million Opening Weekend and Still Be a ‘Flop’?
How does this happen? 20th Century Studios’ Avatar: The Way of Water is out in theaters, but it is apparently at risk of being arguably the most expensive flop in movie history. The sequel grossed $134 million domestically on its opening weekend. That is almost double what its predecessor, James Cameron’s Avatar, made years ago ($70 million). Adding the global box office numbers, the VFX-pushing e
Read More » -
20 December
Spring Training Baseball Returning to Disney World
Walt Disney World Resort will become a home for Major League Baseball’s Spring Training once again, as the remaining damage to Florida’s Gulf Coast left by Hurricane Ian had one team searching for a new place to play. According to WFLA, the Tampa Bay Rays will move their Spring Training operations to Disney’s ESPN Wide World of Sports Complex for half of the “Grapefruit League” and its regular sea
Read More » -
20 December
Disney Stock Drops Again After ‘Avatar 2’ Box Office Weekend
Despite Avatar: The Way of Water grossing nearly half a billion dollars globally over box office debut weekend, The Walt Disney Company’s stock has dropped to yet another 52-week low as the realized numbers were still below expectations. Related: Theater Owners Say No to ‘Avatar 2’ After Disney Demands 70% Cut According to CNBC, Shares of Disney dropped on Monday following a weaker-than-expected o
Read More »
