Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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May- 2024 -11 May
Disney Celebrates Shocking Streaming Win, but Losses Are Guaranteed
In a surprising turn of events, The Walt Disney Company recently celebrated a profit in its streaming sector, but that victory is set to be short-lived. The Walt Disney Company is known to be one of the foremost names in the world when it comes to innovation and entertainment. For decades now, Disney has been at the forefront of any field it dipped its toes into, be it theme parks, Walt Disney Wor
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11 May
Bob Iger Admits Disney STILL Paying Price for Past Mistakes
While answering a question during the earnings call on May 7, 2024, Disney CEO Bob Iger admitted that he and the company were still watching their steps around due to past mistakes. For years now, Disney has been on the back foot, trying to catch up after the world was hit with a variety of completely unexpected events. In 2020, when the COVID-19 pandemic hit, every individual on the planet was af
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9 May
Unpopular Jimmy Fallon Ride Suddenly Shut Down at Universal Studios
Popular talk show host Jimmy Fallon was shut down in Orlando over the weekend. Related: ‘Star Wars’ Mark Hamill Returns as Luke Skywalker in Feature-Length Disney+ Special The Universal Orlando Resort is home to dozens of beloved theme park experiences, ranging from thrilling roller coasters to immersive dark rides. The theme park has continued to be one of the world's most popular and successful
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8 May
Amazon Completely Casts Its ‘Harry Potter’ Remake
Harry Potter is one of the most magical names in the entertainment industry, and to say his adventures have sprawled beyond the pages of a novel would be putting it lightly. The beloved series by J.K. Rowling has since inspired a series of movies, video games, and even an entire Universal Studios land, but the magic doesn't stop there. The films starring Daniel Radcliffe, Emma Watson, and Rupert G
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7 May
Disney Is Spending Billions To Buy New Friends and Save Its Streaming Business
When Disney CEO Bob Iger returned to the Walt Disney Company two years ago, he had a long list of things to fix. Near the top of that list was what to do with ESPN. In the last decade, over-the-air cable has lost more than 25 million subscribers while people have cut the cord and moved to streaming services. This left Disney's flagship network with fewer subscribers and having to pay millions to a
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6 May
Why Should Billionaires Decide Anything, Especially About Disney?
The fans have spoken, and they are done with the billionaires thinking they know what's “best for the people,” especially when it comes to Disney. The contentious battle between billionaire activist-investor Nelson Peltz and the iconic entertainment giant Disney has finally reached its conclusion, with Disney emerging victorious in a decisive manner. This outcome was solidified through
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2 May
New ‘Lion King’ Movie Makes MAJOR Change to Scar and Mufasa
In 1994, Walt Disney Animation released what would become one of Disney's most iconic and beloved films ever, The Lion King. The Lion King tells the story of Simba, a young cub who is set to become King of the Pride Lands. However, when his father dies trying to save him, Simba runs away, thinking it is his fault. His childhood best friend later finds him and tells Simba that his uncle has destroy
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Apr- 2024 -29 April
Universal’s ‘Harry Potter’ Expansion Ready for Launch, Disney World Braces for Impact
If you are a fan of Universal Orlando Resort, get ready to have the summer of your life. For a while, many of us Universal fans have been awaiting the news that the theme park had hinted after posting a slew of social media videos. The first was a time capsule-style video that possessed items from E.T., Back to the Future, Jaws, Ghostbusters, Nickelodeon, as well as the new DreamWorks land. Then,
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29 April
Disney Teases New ‘Coco’ Land, PLUS Another ‘Encanto’ Area!
The family Madrigal is on the cusp of getting a whole heck of a lot bigger. In 2021, Disney released its newest animated film, Encanto, which told the story of the magical Madrigal family. The story revolved around Mirabel Madrigal, the only one born into her family without any magical abilities. This caused Mirabel to be cast aside by her grandmother, since she wasn't like everyone else. Of cours
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25 April
Chris Pratt & Wife Under Fire For Destroying Historic Home in Los Angeles
Actor Chris Pratt and his wife, Katherine Schwarzenegger, have come under fire for destroying a Los Angeles home that was built in the 1950s and has served as a pinnacle in architectural history. Chris Pratt: From Little-Known Actor to Blockbuster Roles Chris Pratt has been a household name since he won the hearts of fans as the adorable–and often blissfully oblivious–Andy Dwyer on the
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