Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
-
Nov- 2022 -17 November
Latest Report of New Disney Theme Park “Misunderstanding”
On November 16, a story broke that a new Disneyland Theme Park was going to be built in Malaysia. The announcement was shared by Malay State Heritage and Culture Committee chairman Datuk Muhammad Jailani Khamis, who said that a massive new tourist destination was going to be built in the town of Melaka (Malacca). He said: “After more than 20 years, we will have our very own new theme park and even
Read More » -
16 November
Disney Confirms Purchase of Incomplete Behemoth Cruise Ship
Several weeks ago, Disney Fanatic shared a rumor that Disney Cruise Line was in the process of purchasing the semi-completed cruise ship called the Global Dream. Today, we have confirmation that the sale did, in fact, go through! The news was shared by Disney Insider Scott Gustin on Twitter, who also shared concept art of the Disney-fied 6,000-passenger vessel. Disney Cruise Line stated this was a
Read More » -
16 November
OpEd: Reopening Annual Pass Sales with Reservation System is Good for Bob “Paycheck,” Bad for Guests
The Disneyland Resort officially announced that they are reopening new sales of their annual pass, the Magic Key, to Guests, eliminating the closed-door situation that only allowed pre-existing Magic Key Holders to renew their special status. It is great to see fans regaining their Magic Key status after so long. But, as long as the Theme Park Reservation System is in play, this sale is actually b
Read More » -
16 November
Disney Resort Announces “Phased Reopening” After Yet Another Covid-Blamed Closure
The Shanghai Disney Resort shuttered once again on October 31 because one person who had recently visited Shanghai Disneyland tested positive for covid-19. After more than two weeks of closure in cooperation with Xi Jinping and the CCP’s “Covid Zero” initiative, The Walt Disney Company’s youngest Resort announced its plan to reopen to the public once again. However, the Theme Park, Shanghai Disney
Read More » -
16 November
Disney Begins Selling New Annual Passes Again!
Disney’s Annual Passes are no longer solely available to those Guests who already have them. Well, at least some of them. The Disneyland Resort announced that it would resume selling some tiers of its Annual Pass–known as “Magic Key”–to non-Passholder Guests today, November 16, 2022. The news was shared over Twitter by Theme Park Insider Scott Gustin, who explained that the Inspire, Be
Read More » -
15 November
Chapek Changes Disney’s Tune After Facing More Negative Feedback
The current CEO of the Walt Disney Company, CEO Bob Chapek, has faced a shocking level of negativity from fans of Disney Parks, locations like Walt Disney World Resort or Disneyland Resort, and fans of products like the streaming service Disney+. Petitions to replace the Disney CEO Bob Chapek — with the Disney heiress Abigail Disney or the former Walt Disney Company CEO Bob Iger, for example
Read More » -
15 November
Disney World Announces More Park Ticket Price Increases
Get ready, Disney fans; the dreaded price increases that so many Walt Disney World Resort and Disneyland Resort enthusiasts have been complaining about are in fact rearing their ugly heads once again! According to journalist Scott Gustin, “Starting Dec. 8, Walt Disney World will implement park specific pricing for 1 day 1 park tickets. Prices will vary based on park and date”. We can a
Read More » -
15 November
Disney Announces Annual Pass Price Increases Again
Even though anybody who does not already have one cannot buy one, another price increase on Walt Disney World Annual Passes was announced on Tuesday, November 15. According to Theme Park Insider Scott Gustin, “AP sales for Incredi-Pass, Sorcerer, and Pirate remain PAUSED — but those APs will see an increase when sales resume.” The top-tier Incredi-Pass receives a $100 increase, while the Sor
Read More » -
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 »
