Every Disney ride and attraction needs to undergo routine closures for maintenance and refurbishment, but so does the Parks transportation. Whether Guests choose to go to the Walt Disney World Resort or the Disneyland Resort, they know they are in for the ultimate Disney experience. Whether because of attractions like Haunted Mansion or Indiana Jones Adventure, or rides like Big ...
Read More »News
Bob Iger Doesn’t Want to “Get Into” What Went Wrong With Bob Chapek
In February 2020, Bob Iger officially stepped down as CEO of The Walt Disney Company, and Bob Chapek stepped up to take his place. Almost immediately, things did not go well for Mr. Chapek. Just one month after he became CEO, he had to deal with the COVID-19 pandemic, and all Disney Parks were forced to shut down. From there, ...
Read More »Bob Iger Wins! Invading Investor Ends Proxy War After Disney Restructuring News
The battle for the Kingdom’s highest Court is reportedly over, as Activist Investor Nelson Peltz withdraws his proxy fight to join Disney’s Board of Directors after CEO Bob Iger outlined a massive reorganization of The Company during the Q1 2023 Earnings Call. But how much damage in terms of voting proxy has already been done? Trian Partners founder Nelson Peltz ...
Read More »Disney Announces Sequels to ‘Toy Story’, ‘Frozen’, and More!
On February 8, The Walt Disney Company held its First Quarter Earnings Call for the 2023 Fiscal Year. It was the first earnings call since Bob Iger took over as CEO of The Walt Disney Company for the second time, so investors and fans alike were looking forward to it. The call went well, with Iger making several big announcements, ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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, ...
Read More »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 ...
Read More »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 ...
Read More »