Business

Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.

  • Mar- 2025 -
    16 March
    Dana Walden, Bob Iger, and Kamala Harris

    Disney’s CEO Pick: Does a Historic Kamala Harris Friendship Play a Role?

    In February 2020, after 15 years at the helm, CEO Bob Iger stepped down, and Bob Chapek took over the role at The Walt Disney Company. Chapek’s tenure, however, was marred by controversy and missteps, leading to his dismissal by Disney’s Board of Directors less than three years into his term. Iger then returned as CEO in November 2022, setting in motion a succession plan that now has the company’s

    Read More »
  • 11 March
    Maui Moana

    The Verdict Is In: Jury’s Game-Changing Decision on Disney’s ‘Moana’ Lawsuit Revealed!

    The legal battle surrounding Disney’s Moana (2016) continues to captivate the entertainment world. Animator Buck Woodall filed a lawsuit against the company, accusing them of stealing his idea for the 2016 hit film. Woodall claims that the storyline of Moana closely resembles his screenplay Bucky the Surfer Boy, which he pitched to Mandeville Films in 2003. While Disney vehemently denied these all

    Read More »
  • 9 March
    Eva Pilgrim GMA3: What You Need to Know

    ABC Under Fire: ‘Good Morning America’ Hit by Drastic Staff Cuts

    For decades, ABC has stood as one of America’s leading news networks. Famous for its flagship shows like Good Morning America, Nightline, World News Tonight, and 20/20, ABC News has long been a trusted source of information for millions. However, recent months have painted a starkly different picture. As ABC faces increasing competition from networks like CBS and NBC, the network is grappling with

    Read More »
  • 7 March
    Walt Disney Company

    Disney Company Faces Sharp Decline Amid Trump’s Tariff Plans

    Disney is stumbling amid the unprecedented changes the U.S. is currently facing. Related: Lin-Manuel Miranda Faces Criticism Following Hamilton’s Cancellation In 2025, Disney's stock has faced significant challenges, recently hitting a record low of $103.90. This decline is alarming, as it marks the lowest point for the company since November 2024, a year that already proved tumultuous for Disney.

    Read More »
  • 5 March
    Disney CEO Bob Iger wearing a black and grey suit in front of advertising wall at an event for The Walt Disney Company.

    Disney Company Confirms Significantly More Layoffs Amid Restructuring

    More layoffs have been confirmed by The Walt Disney Company. Related: Magic Kingdom’s Main Street Is Changing in 2025—Here’s What Fans Need to Know The Walt Disney Company recently confirmed another round of layoffs, impacting approximately 200 employees, which accounts for about 6% of the workforce in the affected divisions. This latest restructuring primarily targets the ABC News Group, signifyi

    Read More »
  • 4 March
    Tiana animatronic on Tiana's Bayou Adventure at Walt Disney World Resort

    Disney Announces Layoffs Following Abrupt Cancelation of ‘Tiana’ Original Series

    Disney has confirmed layoffs will be happening as a result of a shake-up on Disney+. Related: Update Revealed for Live-Action ‘Snow White’ Main Character, Changes Confirmed Disney has confirmed a new round of layoffs at its Vancouver studio as a result of the cancelation of the planned Tiasna series for Disney+. The Tiana series was announced in 2020, following the immense popularity of Disney's a

    Read More »
  • Feb- 2025 -
    27 February
    The Walt Disney Company entrance on a bright, clear, sunny day. A Disney employee recently suffered a hack after downloading an AI program.

    Disney Employee Fired After Trying To Protect Company From Hack

    A former Disney engineer is speaking out after the massive hack that compromised internal Disney data, leaked personal information, and ultimately led to his termination. What started as an innocent AI software download quickly escalated into a full-scale breach, with hackers exposing nearly a terabyte of Disney’s internal communications. Now, the employee at the center of it all claims he was fir

    Read More »
  • 26 February
    Moana looking shocked

    ‘Moana’ Franchise Under Fire: Lawsuit Moves Forward Against Disney

    The lawsuit against Disney and Moana 2 is moving forward. Related: Universal Orlando Faces New Competition as Theme Park Giant Pushes ‘Better Value’ Claim The lawsuit filed against Disney over Moana 2 is moving forward, with Jury selection now underway, per MickeyBlog. The lawsuit against Disney stems from allegations made by writer Buck Woodall, who claims that the entertainment giant appropriate

    Read More »
  • 22 February
    Disney CEO Bob Iger wearing a black and grey suit in front of advertising wall at an event for The Walt Disney Company.

    Senator Urges U.S. Government To Investigate Recent Disney Acquisition

    A U.S. Senator is calling on the government to investigate a recent Disney deal. Related: Magic Kingdom Experiences a Miracle as Stroke Survivor Takes Their First Steps Senator Elizabeth Warren has actively pressed for an investigation into Disney's recent proposed acquisition of FuboTV. In a letter directed to the acting Assistant Attorney General of the Department of Justice’s Antitrust Division

    Read More »
  • 16 February
    Disney+ Marvel Studios banner

    Former Marvel Exec Sues Disney, Claims Racial Discrimination in Promotion

    In 2009, Marvel Studios became part of The Walt Disney Company, bringing beloved superheroes like Captain America, Black Panther, Iron Man, and Thor under the Disney umbrella. Since the acquisition, Disney has generated over $13 billion from Marvel's films and TV shows. Audiences have packed theaters for blockbuster films such as Black Panther(2018), Captain America: Civil War (2016), Avengers: In

    Read More »