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News
One Area of Disney Has Charted an Impressive Course to Recovery
Navigating the post-pandemic world has been a particular challenge for the Walt Disney Company lately. However, its recent financial results have started to show signs of an upward trend. One of the unsung heroes behind this remarkable turnaround has charted an impressive course to recovery. Successfully Navigating Uncharted Waters At the
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Business
ANOTHER Price Increase Coming to Disney+
On August 9, The Walt Disney Company held its third-quarter earnings call. Many tuned in to hear what Bob Iger had to say as the company deals with striking writers and actors, lower theme park attendance, and movies that have flopped in theaters. Iger maintained a positive attitude as he spoke about the changes being made within the comp
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Business
DeSantis’ Tourism Board Requests Judge Dismiss Disney’s Lawsuit Against Governor
For weeks, Florida Governor Ron DeSantis has been on the campaign trail, as he hopes to be the next President of the United States. DeSantis has been actively campaigning against “woke” agendas and defending his controversial changes regarding how Florida teachers conduct lessons about slavery. He has also been unable to escap
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Business
Disney’s Latest Move Feels a Bit Dirty
There is something strange about a partnership between the Walt Disney Company and a gambling company. Despite being legal in most states, there is still that we look at as shady with gambling. But this isn't “I know a guy.” It's heavily regulated and done entirely from your phone. Even so, it doesn't necessarily fit with the
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Business
Disney Makes BIG Changes on Alcohol Policy at Resort Hotels
There is no doubt about it — a Disney vacation is an expensive one. Whether Guests are visiting Walt Disney World, Disneyland, one of Disney's other theme parks, taking a Disney Cruise, or staying at a Disney property like Hilton Head, it's not cheap. A lot of people don't want to give up their chance to experience the Disney magic,
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Business
Crackdown on Password Sharing Coming to Disney+
In November 2019, the Walt Disney Company got in on the streaming game and launched its very own streaming platform, Disney+. Disney+ was the ultimate place for Disney fans to find their favorite movies and television shows. In addition to a library full of classics like Sleeping Beauty, Disney also created a ton of original content for f
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Business
Iger Boasts That Cutting 7,000 Employees Saved More Money Than Expected
Walt Disney Company CEO Bob Iger shouldn't be expected any gifts from his employees anytime soon. Iger had become the poster boy for out-of-touch CEOs when he called the demands of the Actors Guild of America “unreasonable” and their strike “unfortunate.” He made those comments in an interview with CNBC at “B
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News
Amid Company Layoffs, Disney Uses Budget Cuts to Turn Streaming Profits
Bob Iger wants you to know that the Walt Disney Company has stopped sinking with its streaming services. The company's Q3 2023 earnings call has revealed incremental progress within the Direct-to-Consumer (DTC) segment. With streaming being an ongoing challenge, the quarter showcased a subtle yet positive upturn. However, does the Disney
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Business
Bob Iger Admits Disney World Tourism is Down Amid Fight With DeSantis
2022 was a really good year for the Walt Disney World Resort. Millions of Guests were ready to get out of their homes, put the worst of the COVID-19 pandemic behind them, and spend some time at The Most Magical Place on Earth. One of the things driving Guests to the Florida Resort was the celebration of Walt Disney World's 50th Anniversar
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