Business
Disney Fanatic is here to deliver the latest business-focused news from The Walt Disney Company and beyond.
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Sep- 2023 -21 September
Bob Iger Says Disney Will “Quiet the Noise” in “Woke” War Against Ron DeSantis
For months, The Walt Disney Company has been locking horns with Florida Governor Ron DeSantis. The governor did not like that Disney spoke out against a Florida bill that he championed. He then revoked Disney's right to self-govern and passed a law that put the monorail under state inspection control. Disney, in turn, sued DeSantis for violation of its First Amendment Right to free speech. However
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21 September
Disney World No Longer Golden Apple: Disney’s $60 Billion Park Investment Signals Shift Away From Florida Resort
Walt Disney World in Florida has been the company's shining gem offering for decades. Whenever anyone says they are taking a vacation to Disney, it is almost always assumed that they mean the Central Florida theme park. Disney has invested a ton of money into the destination over the years. However, recent projects have shifted more towards the global and domestic parks as a whole, and hints in th
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21 September
Resolution Within Reach or Pipe Dream? WGA Meets with Producers For Final Meeting
The WGA strike could end on Thursday, September 21, after a long 100 days, provided the writers and producers come to an agreement. The Writers Guild of America has been on strike for over a hundred days over the lack of protections afforded to writers from Hollywood studios with the advent of Artificial Intelligence and the threats that it poses to writers' jobs in the current environment. The wr
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20 September
Ex-Disney Cast Member Accused of Sexual Assault Found Working at Popular Universal Event
It is estimated that The Walt Disney Company employs nearly 300,000 people, between all the theme parks, the studios, Marvel, Lucasfilm, etc. Disney does its best to vet each and every person they hire. They do that by running background checks and making sure the person is a safe individual to have around guests and children. While Disney tries to do its best, sometimes people slip through the cr
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19 September
ABC Star Dead at 43 After Mental Health Struggles
There are few shows that have the running power that soap operas do. Many of the most well-known soap operas, like General Hospital, The Young and the Restless, and Days of Our Lives, have been on the air for decades. What's more, many of the actors in those shows have been a part of the storylines for years. Fans love to see the characters grow and change. And if you're a soap fan, you love to se
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19 September
Disney-Owned Cable Channels Are Desperate For Content At the Worst Possible Time
Fall is usually when cable channels start rolling out their new content. They've spent all summer hyping up that new show that they're sure will be a hit or the return of a new season of your favorite show that left off on a cliffhanger. But more importantly than viewers, networks rely on these shows to bring in advertisers that will make them millions. But with the Writers Guild of America and SA
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19 September
Disney Considers Selling Assets to Asia’s Richest Billionaire
Per the latest reports, Disney is considering selling its India streaming and television business to Mukesh Ambani's Reliance Industries. There has been a lot of talk recently about the Walt Disney Company selling off various assets in order to maintain a profitable business and (most likely) set shareholder's minds at ease. Since the beginning of the year, in fact, since Disney CEO Bob Iger's ret
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19 September
Showrunner Calls for “Crush” of Disney’s Latest “Scam”
When you think of scams involving Disney, you often head straight to ticket scalpers or the infamous merchandise resellers. However, recent reports have surfaced to discuss an ongoing “old Disney scam” that involves the company as the culprit. The Walt Disney Company allegedly engages in an unbelievably shady scam against certain workers to avoid giving raises and holiday pay, and it c
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18 September
The Supreme Court Is About To Hear Two Cases That Could Gut Disney’s Defense Against DeSantis
It seems inevitable that the Walt Disney Company's lawsuit against Florida Governor Ron DeSantis will end up in the Supreme Court. No matter who wins in the Northern District of Florida, the case will be appealed before eventually landing on the doorsteps of the High Court. Related: Chief Justice John Roberts Just Sent A Message To DeSantis, Bring Your Disney Feud to the Supreme Court and You'll L
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18 September
Woman Claims Major Damages From Monorail Accident, Disney Says It Never Happened
One of the great things about visiting Walt Disney World Resort is all the fun ways to get from here to there. Disney offers traditional bus transportation, but there are also large ferries, smaller boats, the Disney Skyliner, and the icon of Disney — the monorail. The monorail was the first single-rail transportation and a highlight of Walt Disney World when it opened in 1971. The monorail
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