Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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Feb- 2024 -7 February
J.K. Rowling Says She Would “Happily” Go to Prison For Committing Hate Crimes
In recent years, it's no secret that J.K. Rowling, the author of the beloved Harry Potter series, has fallen out of favor with many fans, both hardcore and casual alike. This is all due to her political opinions, many of which could be described as ‘hateful,' depending on who you ask. But committing hate crimes in the eyes of the law is a new low, even for J.K. Rowling. In 1997, the unknown
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7 February
Disney Accused of “Mandatory, Institutionalized Racism and Sexism”
X owner and CEO of Tesla, Elon Musk, accused Disney of “mandatory, institutionalized racism and sexism” in a recent post. The Walt Disney Company has been under a lot of scrutiny over the years—be it from critics who feel that the company has lost its magic, and those who feel like the company is “pandering” to woke audiences, or audiences who feel like the Mouse House isn'
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7 February
CONFIRMED: Disney World to Revive a Closed $400 Million Experience
Disney execs have confirmed plans to breathe new life into a recently closed $400 million experience at the Walt Disney World Resort. Disney Attraction and Experience Closures Are Not New Disney Parks have been in existence since Walt Disney oversaw the construction of the Disneyland Resort in Anaheim, California, which opened to guests on July 17, 1955. Just 16 years later, the Walt Disney World
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7 February
FINALLY: Fifth Theme Park to Be Constructed at Disney World
Disney World will begin construction on a fifth theme park at the Walt Disney World Resort in an effort to remain competitive in Central Florida, per an industry expert. The Central Florida Theme Park Wars The Central Florida theme park war continues as it has since 1990 when NBCUniversal built its first theme park location in Florida to compete with the Walt Disney World Resort. At the time of Un
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6 February
Gina Carano Suing Disney and LucasFilm, Funded By Elon Musk/X
Former star of Disney Plus' The Mandalorian, Gina Carano, who was fired from the show after making comments comparing Republicans in America to Jewish people during the Holocaust, has filed a lawsuit in Federal Court claiming wrongful termination and discrimination. She is seeking an injunction from the court that would force Disney and LucasFilm to rehire her for the Star Wars show. Gina Carano i
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6 February
Too Big To Succeed: Disney’s Future Will Be As Three Separate Companies
The Walt Disney Company has their hands in a little bit of everything. The company is just so vast that it's virtually impossible to find one person who could take over for Disney CEO Bob Iger. No one has the right kind of experience. Related: Get Your Checkbooks Ready, Stake in a Disney Park is About to Go Up For Sale About a year ago, Iger came to this same realization and, in an attempt to stre
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6 February
Disney Files Protective Order to Keep Its Deepest, Darkest Secrets Hidden
Lost in the Walt Disney Company's case against Florida Governor Ron DeSantis is that at some point, the two sides would have to exchange a massive cache of documents. While Disney has been rather forthcoming with the documents requested, Governor DeSantis and the Central Florida Tourism Oversight District have been stalling to delay the turnover of documents. Related: In A Major Blow, Federal Judg
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6 February
Former Walt Disney Company CFO Speaks Out: “The Disney I Know and Love Has Lost Its Way”
The Walt Disney Company has had some recent turnover in the past few years. In addition to its CEOs swapping, its former CFO Christine McCarthy stepped down, as well as the Chief Information Officer, and the company's chief diversity officer and senior vice president Latondra Newton. But before all that was Jay Rasulo. Related: No One Is Coming To Save The Walt Disney Company But before the shake-
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5 February
‘There’s a Lot Going on At Disney’ Star Blames Company’s Problems for Lack of Progress On New Shows
It's no secret that Walt Disney's entire entertainment division has been struggling. Over the past two years, Walt Disney Studios' film releases have been disasters, and their television releases haven't faired much better. Disney CEO Bob Iger's plan to fix it was to shake up the film lineup for 2024. However, after only a month in the new year, Disney has once again decided to change its lineup.
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5 February
Get Your Checkbooks Ready, Stake In Disney Park About to Go Up For Sale
In America, The Walt Disney Company is having its own problems with activist investors. Nelson Peltz is launching his second proxy war against the Disney Company's Board, seeking two seats to change Disney's direction. But it's not just Disney's American interests that are facing a proxy war. A proxy war currently happening in Japan could cause a portion of Tokyo Disneyland to be put up for sale.
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