Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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Dec- 2023 -13 December
Disney Legend and Former Disney World VP Passes Away
The Walt Disney Company has a large family of innovators, Imagineers, dreamers, celebrities, and dedicated cast members. Earlier today, Disney Legend Dick Nunis, the former chairman of Walt Disney Attractions, passed away. Related:Â Disney Star Dies Suddenly at 41 His Life as a Cast Member Before there was even a Disneyland, he worked at the park before it opened in 1955. What was once a summer job
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13 December
Is Disney Paying For Universal’s NEW Theme Parks?
The Disney Company owns one of the world's most extensive theme park portfolios. It contains Disneyland Resort in California, Walt Disney World Resort in Florida, Disneyland Paris Resort, Hong Kong Disneyland Resort, Tokyo Disney Resort, and Shanghai Disney Resort. Related:Â Disney Reveals Plans To Move To Another U.S. State Aside from its theme park resorts, the company owns multiple studios, incl
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13 December
REPORT: Disney to Elevate Controversial Reboot “Proud Family’s” Success with Spin-Off
A new report shares that Disney might build on the success of the controversial Proud Family reboot with a new spinoff: La Familia Avenúñez. The Walt Disney Company is considered one of the foremost names in entertainment because of its willingness to push the bar and stay at the forefront of innovation. Lately, on this journey, Disney has faced a lot of criticism from various segments of its aud
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13 December
Disney+ Hulu Merger Just Gave ‘Grey’s Anatomy’ Fans Massive Cause for Celebration!
‘Grey’s Anatomy’ fans have a lot to celebrate and be excited about, per a recent announcement from Disney; recent reports lead us to believe that the long-standing and highly acclaimed show will be returning—in its entirety—available to stream on the newly merged Disney+ and Hulu app! One of the most notable things that sets the Walt Disney Company apart from its competitors is the sheer volume of
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12 December
Disney’s Haunted Mansion Closing Indefinitely
The original attraction debuted in Disneyland Park in 1969. It was soon followed by Walt Disney World Resort when Magic Kingdom Park opened in October 1971. Related:Â Tower of Terror vs. Haunted Mansion: Which is Better? Haunted Mansion History The idea for a haunted house attraction came from Walt E. Disney himself. However, the genius and namesake of the company passed away before he had a chance
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12 December
Disney Toy Sales Force 1,100 Layoffs
When it is reported that a new Disney (or Pixar or Star Wars or Marvel) movie has a bad run at the box office, most of the news story focuses on ticket revenue. However, the impact of a standard box office flop is much more significant than just the opening weekend ticket sales. A failed movie will have ripples throughout a company (not just Disney). It could and would impact multiple segments suc
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12 December
After Dropping $105 Million of Disney, South Carolina Treasurer Says it Has ‘Structural Rot’
Last week, South Carolina State Treasurer Curtis Loftis announced that the state would no longer invest in the Walt Disney Company. When he announced, he cited Disney's “woke” agenda and “far-left activism.” South Carolina owns $105 million in Disney debt instruments that it does not plan on replacing after it comes due. The debt instrument is a bond that Disney uses to imp
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11 December
With Cable Dying, Disney Just Built Itself a Life Raft
Over-the-air cable networks are dying. Over the last five years, losing 20 percent of their customer base has caused cable companies to jack up the price on those who have remained, ultimately forcing more to flee. But The Walt Disney Company seems to have a plan to beat back the fleeing customer base and save Disney's streaming services. Disney's recent takeover of all of Hulu from Comcast will a
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11 December
9000 Women Prepare to Slap HUGE Lawsuit on Disney
A U.S. judge has allowed 9000 women to sue The Walt Disney Company for pay discrimination in a recent development. Everyone wants a piece of the Disney pie, and when you're an entertainment conglomerate as widespread as the Mouse House, it's unsurprising that this is the case. The Walt Disney Company may have begun as a film studio in Los Angeles, California, but has now become a behemoth in the e
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10 December
Disney Has a Majors Problems and No Good Way Out of It
The Walt Disney Company has a problem. To be more precise, The Walt Disney Company has several issues, but let's just focus on one of them for now. That problem is Marvel Studios. Before the pandemic, putting out a Marvel film was a license to print money. So far, 10 Marvel films have made over $1 billion at the box office, including the $2.8 billion Avengers: End Game (2019). But like so much els
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