Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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Nov- 2023 -13 November
Disney Says ‘Avatar’ News is FALSE
On November 13, Disney officials attended the International Association of Amusement Parks and Attractions (IAAPA) Expo. The IAAPA expo is the largest expo held for the theme park industry. And it's not just traditional theme parks like Disneyland or Universal Studios. Owners and CEOs of aquariums, zoos, and more travel to Orlando, Florida, for the massive event. During the Expo, it was shared on
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13 November
Disney Learns Billion Dollar Lesson: ‘They’ve Got to Cut’
After Disney CEO Bob Iger held his earnings call with investors last week, Wall Street generally saw the positives. What wasn't there to like? Iger announced that Disney Plus had added subscribers and cost-cutting measures earlier this year, saving the Walt Disney Company an additional $2 billion. Iger touted it as a “new era” for Disney. And Wall Street responded to Iger as Disney's
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13 November
Disney Just Lost 45 Percent of the Country Over the DeSantis Feud
There has always been an oddity in the feud between Florida Governor Ron DeSantis and The Walt Disney Company. It is unusual for a Republican governor to take on his state's largest employer and one of its largest employers. As an entertainment company, it's uncommon for Disney to openly fight with a politician and potentially alienate his supporters. And now, that's where The Walt Disney Company
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13 November
Disney Reveals More on New ‘Avatar’ Attraction!
In 2009, James Cameron bewitched moviegoers with the release of his newest blockbuster film, Avatar. The film was an immediate hit and is the highest-grossing movie of all time. Not long after the film came out, it was announced that a number of sequel films would be made. Avatar 2 was supposed to be released in 2014, but was seriously delayed, finally coming out in late 2022. Related: James Camer
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12 November
Is Disney+ Shutting Down?
Rumors abound that Disney’s iconic streaming service, Disney+, is shutting down. But what is the truth? We jumped in to fact-check. Over the years, many rumors have made their mark on the Disney community. Some of the most notable ones that Disney fans might remember include the removal of Cinderella Castle, the closing of Disney’s Animal Kingdom Theme Park, or any of the recent animated Disney mo
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12 November
Disney Getting Clobbered At the Box Office Again
Last week, when Disney CEO Bob Iger held his quarterly call with Wall Street and investors, he announced that Walt Disney Studios would be releasing less content to focus on the quality of the films and television shows coming out in the future. But that announcement would not save the movies that were already scheduled to be released, and despite the possibility of good news in the future, Disney
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11 November
No One Is Coming To Save The Walt Disney Company
Disney CEO Bob Iger had a pretty good week. Sure, it wasn't the great news that he hoped to give Wall Street and Disney shareholders, but based on the negative stories surrounding the Walt Disney Company, decent news is a step in the right direction. And with that, Iger can say that Disney is in “a new era.” But despite the good week, there are still several outstanding issues that Ig
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11 November
DeSantis’ Cronies Are Scoring Big Paydays Courtesy of the New Disney District
When the Central Florida Tourism Oversight District first took over for the Reedy Creek Improvement District, Florida Governor Ron DeSantis made it clear that the new Board was mandated to clean up the District and create a transparent governing body. The Governor accused Disney of not playing by the same rules as all other taxpayers in Florida and promised that things would change at the Walt Dis
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11 November
‘Mufasa: The Lion King’ Prequel (What We Know So Far)
Disney live-action remakes have a very mixed history at the Walt Disney Company. Some have been massive box office successes that grossed over $1 billion. However, others have been large flops that cost Walt Disney Studios money. But the upcoming Mufasa: The Lion King is a prequel. Related:Â Disney Star Dies Suddenly at 41 Disney has attempted similar live-action retellings like Cruella (2021) and
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11 November
Ron DeSantis Tied to New Disney Popcorn Bucket
Disney announced earlier this week that it will be debuting a new popcorn bucket and sipper to Disneyland Resort and Walt Disney World Resort. Related:Â Disney Signals Plans to Remove IPs From Theme Parks New Disney Popcorn Bucket As any hardcore Disney park fan knows, every few weeks or months, the company releases a new refillable (and collectible) popcorn bucket. Related:Â Disney Reveals Nightmar
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