News
Disney Fanatic is here to deliver the latest in Disney news from The Walt Disney Company and beyond.
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Feb- 2023 -8 February
Bob Iger Confirms the Return of Disney Shareholder Dividend
After three years, the Disney Dividend is going to return! In 2020, The Walt Disney Company, under the fresh command of now-former CEO Bob Chapek announced a suspension of the decades-long payout of a shareholder dividend. Each shareholder received a small distribution which was proportional to the number of shares they owned. The last payout just before the suspension shows the dividend at $0.88/
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8 February
A New ‘Avatar’ Experience Is Coming To This US Disney Park
The Walt Disney Company's first-quarter earnings call brought more than numbers with it: Disney CEO Bob Iger made an exciting announcement. The Disney first-quarter earnings call has taken the Disney community by storm with the amount of news it's brought. For one, Disney CEO, Bob Iger shared that the company was going to be going through a massive transformation, which included significant layoff
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8 February
Bob Iger Announces Major Move Away From Chapek-Era Disney
When Bob Chapek became CEO of The Walt Disney Company, he immediately began consolidating power. He also started to put his hands in all the cookie jars, which is necessarily a bad thing, but it definitely had an impact on the company. One most notable thing is that Chapek seemed to put people in charge not because they were qualified for the job, but because they supported him. While it didn’t ma
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8 February
Bob Iger Stays Silent on Disney District Takeover
It has been two days since it was announced that legislation for a government takeover of The Walt Disney Company’s Reedy Creek Improvement District was put before Florida’s House of Representatives. If passed, the “Disney vs DeSantis” debacle will end with the special district in Central Florida which houses the Walt Disney World Resort staying intact, and relatively the same, but now falling und
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8 February
Disney Announces Major Layoffs
On February 8, The Walt Disney Company held its first earnings call since Bob Iger took over as CEO. During the call, Iger spoke mainly about the company’s financial performance, including defending the company's choice to purchase 21st Century Fox, as well as his confidence in Disney+. The streamer is still on pace to make a profit in 2024. In addition to speaking about how well the company is do
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8 February
End of Chapek Era: Iger Announces Massive Company Transformation
The Infamous Chapek Era has officially come to an end, and Bob Iger is back with what he recognizes and the third massive transformation he has led the company through. Speaking at the Company's Q1 2023 Financial Earnings Webcast, Iger laid out a brand new structure for The Company. “After a solid first quarter, we are embarking on a significant transformation, one that will maximize the potential
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8 February
Bob Iger’s Numbers Are In! Here’s How Disney Did In Q1 of FY 2023
For those Disney Fanatics who have been waiting for the final numbers to see how Bob Igers' return has impacted the company, we have them. The Walt Disney Company will have its first FY2023 earnings call later today in preparation for which they have released its earnings report. It seems like things might just be on the up and up for the Mouse House, which has been going through tumultuous times
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8 February
Florida Lawmakers Approve Disney District Takeover Plan
Two days after being filed, new legislation that will strip The Walt Disney Company of its power over the Reedy Creek Improvement District has been approved to go before the Florida Legislature. According to the Orlando Sentinel, “Florida lawmakers moved forward Wednesday with a state overhaul of Disney World’s Reedy Creek Improvement District as Gov. Ron DeSantis vows to end the special st
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8 February
This New Character Meet ‘n’ Greet Is Coming to Disney’s Hollywood Studios
Disney Fanatics rejoice! Another meet ‘n' greet is coming to Disney's Hollywood Studios, and it's going to be a good one. Character meet ‘n' greets are among the most beloved parts of a Disney vacation for Guests of all ages. People worldwide flock to their favorite Disney Park to meet these beloved characters and have that Disney experience they've always dreamed of. As reported by At
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8 February
TRON’s Design Under Scrutiny Again From Former Disney Imagineer
A well-known former Walt Disney Imagineer came under fire for his comments about TRON's controversial design and what its impact would be. It seems the controversy around TRON appears to be never-ending. After the Cast Member previews, it came to light that the seating wasn't as accessible as some Guests might have hoped, with multiple Cast Members complaining that the long-awaited ride was the le
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