The Walt Disney Company
Disney to Cut 7,000 Jobs, Park Capacity Down 20% During Peak Times, Iger Outlines Plans to Address Park Capacity Through New Lands, & More: Daily Recap (2/8/23)
We bring you a lot of stories every single day. Sometimes it's hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Wednesday, February 8, 2023.
Disney CFO Christine McCarthy Announces Capital Expenditures Reduced by $700M Across U.S. Disney Parks
Disney Chief Financial Officer Christine McCarthy announced that capital expenditures, which include the costs for building and maintaining physical properties, will be reduced by $700 million across Disney Parks within the United States.
Bob Iger Reaffirms Commitment to Restoring Creative Control Over Film Distribution & Marketing
In today’s Q1 2023 earnings call, Disney CEO Bob Iger opened the call with more details on his plan to ...
BREAKING: Disney to Cut 7,000 Jobs as Cost Reduction Measure
In today’s Q1 2023 earnings call, CEO Bob Iger announced an initiative to cut costs across The Walt Disney Company. ...
BREAKING: ‘Avatar’ Experience Coming to Disneyland Resort
Disney CEO Bob Iger announced during today’s earnings call that, following the success of “Avatar: The Way of Water,” an ...
Disney Reorganizing Into Entertainment, ESPN, and Disney Parks Segments
The Walt Disney Company will be reorganized into three core business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences, and ...
The Walt Disney Company Makes $23.51 Billion in First Quarter of 2023
Today, The Walt Disney Company reported a revenue of $23.51 billion in the first fiscal quarter of 2023, which is ...
Disney+ Subscriber Count Drops for First Time Since 2019 Launch
Disney+ lost 2.4 million subscribers in the last three months of 2022, the streaming service’s first drop since it launched ...
Reedy Creek Improvement District Replacement Bill Details Revealed, Pirates of the Caribbean Boat Sinks at Disneyland, Full Housekeeping Returning to All Walt Disney World Hotels, & More: Daily Recap (2/7/23)
We bring you a lot of stories every single day. Sometimes it's hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Tuesday, February 7, 2023.
Josh D’Amaro Appointed to the Make-A-Wish America Board of Directors
Disney Parks, Experiences, and Products Chairman Josh D'Amaro has been appointed to the national board of directors for Make-A-Wish America, the organization revealed in a press release today.
UPDATE: Reedy Creek Improvement District Bill Added to State Affairs Committee Agenda
Tomorrow, Wednesday, February 8, the Reedy Creek Improvement District Bill will be a part of the Florida State Affairs Committee ...
Disney Announces April Date for Annual Shareholders Meeting, Urges Voters Not to Appoint Board Outsider Peltz
Disney has announced the company will hold its annual shareholders meeting virtually on Monday, April 3. In a notice to shareholders, the Walt Disney Company Board of Directors noted that this meeting will be especially important as investor Nelson Peltz of Trian Group looks to oust the Disney-endorsed Michael Froman from being nominated.
Cast Members Report Issues With Fitting in TRON Lightcycle Run Vehicles, PeopleMover Unexpectedly Closed & Curtained Off, Disney Considering Selling Movie & TV Streaming Rights, & More: Daily Recap (2/3/23)
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you ...
Disney Considering Selling Films and TV Shows to Rival Outlets
The Walt Disney Company is exploring selling some films and TV shows to rival media outlets so they can earn ...
Disney Responds to Nelson Peltz & Trian Group’s Push to Replace Michael Froman
The Walt Disney Company has issued a statement in response to the building pressure from Nelson Peltz and Trian Group ...
Spring 2023 ‘Disney twenty-three’ Magazine Features TRON Lightcycle Run on the Cover
The upcoming Spring 2023 “Disney twenty-three” magazine will feature on its cover the highly anticipated TRON Lightcycle / Run attraction ...