Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
-
Nov- 2022 -14 November
OpEd: Disney is NOT ‘Going Broke’ Because It’s ‘Woke’
Last week, The Walt Disney Company had a completely magic-less time at its latest earnings call. After unprecedented losses on Disney+, which was enough to offset literally record-breaking Theme Park revenue, the Mouse House’s stock experienced a massive sell-off which drove the stock to only the latest 52-week low its hit in 2022. Shortly thereafter, Bob Chapek announced a “selective hiring freez
Read More » -
12 November
Disney Founder’s Property Goes On ‘Sale’ for $61 Million
If the only ranch that comes to your mind in terms of Disney locations is the Circle D Ranch — and you have several million dollars — then you might be missing out on quite the opportunity! The Wyoming ranch that belonged to Walter Elias Disney himself is still on the market — and it actually has just gone on “sale” at a price that is $10 million cheaper than it was e
Read More » -
11 November
Report: Bob Chapek Announced Hiring Freeze at Disney
According to an in-office memo, The Walt Disney Company CEO, Bob Chapek, has announced a hiring freeze throughout the company. Disney Insider Scott Gustin reports that the memo states that a “targeted hiring freeze” is now underway, with only “critical, business-driven positions” remaining open. “While we will not sacrifice quality or the strength of our unrivaled synergy m
Read More » -
11 November
Resellers Enrage Disney Guests and Hoard Products Again
The dreaded Walt Disney World Resort, Disneyland Resort, and Disneyland Paris Resort resellers are at it again! One Disney Park has just brought out a special new version of Monopoly — and, predictably, it did not take long for resellers to swoop in and stock up on the in-demand board game. Resellers are people who, essentially, deliberately buy large quantities of in-demand Disney merchandi
Read More » -
10 November
Immersive In-Store Experiences at Disney World Shops
Shopping around Walt Disney World Resort can really be a lot of fun. From quaint little stores and venues throughout the four theme parks to unique finds within the various Resorts, and then, of course, there’s that whole impressive setup making up Disney Springs. There is no shortage of possibilities for what you can find at Walt Disney World Resort. Some venues even offer unique personalization
Read More » -
10 November
Disney Earnings Show People Still Want Disney Whatever the Cost
The Walt Disney Company announced that it experienced a record-breaking year for its theme parks. Disney states in its report: “Operating income growth at our domestic parks and experiences was due to higher volumes and increased Guest spending, partially offset by the cost of inflation, higher operations support costs, and costs for new Guest offerings.” Credit: Disney RELATED: What’s Going
Read More » -
9 November
Here’s How Many Named Storms Have Hit Disney World in One Year
Tropical Storm Nicole will become the second named storm in 2022 to significantly affect the Walt Disney World Resort following Hurricane Ian. Earlier today, Disney Fanatic reported that the storm caused Magic Kingdom, EPCOT, Disney’s Hollywood Studios, and Disney’s Animal Kingdom to cease operations at 5 pm on the eve it was supposed to hit with little hope that the Parks would reopen again the n
Read More » -
8 November
Ominous Statement from Disney CFO Suggests Upcoming Layoffs
The Walt Disney Company seems to have been put through the wringer in recent months, particularly when it comes to public opinion — and even though the company's earnings this year say otherwise, there was one tidbit from Disney's CFO that might be a red flag! During the recent quarterly earnings call, Walt Disney Company Chief Financial Officer Christine McCarthy (who was answering question
Read More » -
4 November
Disney Park Struggles With Excessive Crowds Again
With fights between Guests escalating, the harassment of Cast Members becoming a constant issue, and Guests' bad behavior increasing overall, many Disney fans are starting to worry that the Disney Parks are struggling to control their crowds. Now one Disney Park has just faced that obstacle once again! Disneyland Paris Resort has recently had to stop allowing Guests in who don't have a Disneyland
Read More » -
1 November
Lottery-Winning Couple Saves Money for Disney Trip
It's no secret among Disney fans and frequent Disney Park or Disney Resort Guests that Disney vacations have gotten quite expensive — but apparently, Disney prices have become so high that even a newly-minted millionaire considers a Disney trip to be a significant splurge! Ralph Janzen and Jan Janzen are two British Columbia residents who just won $1 million in the Maxmillions Lotto Max lott
Read More »
