The Q3 2023 earnings report released today for The Walt Disney Company has revealed Disney is selling their stake in DraftKings, just one day after announcing their plans to enter the sports betting market on their own with ‘ESPN BET.’ Disney Sells Stake in DraftKings The announcement of the sale was included in the “Other … Read more
In today’s Q3 2023 earnings call for The Walt Disney Company, CEO Bob Iger shared a statement on the ongoing strikes in Hollywood, stating he is “personally committed” to ending them. Bob Iger Comments on Hollywood Strikes After being slammed for saying the demands of writers and actors were “not realistic,” Iger has shared more … Read more
During today’s Q3 2023 earnings call, Disney announced significant price increases for Disney+ and Hulu’s premium plans, also sharing news that an ad-free bundle of both platforms will roll out in the U.S., according to Variety. Disney+ and Hulu Premium Price Increase Starting October 12, Disney+ Premium (with no ads) will increase 27 percent, going … Read more
Amid ongoing rumors and speculation over a potential sale of The Walt Disney Company to Apple, CEO Bob Iger is refusing to entertain the discussion. Iger Not Interested in Sale Rumors When asked about recent reports suggesting the transaction could occur at the 2023 third quarter earnings call, Iger simply brushed it off and noted … Read more
During the 2023 third quarter earnings call, Disney CEO Bob Iger announced Disney+ would be rolling out new policies to combat password-sharing in the year 2024. No details have been announced just yet, though it may be similar to new practices at Netflix introduced earlier in 2023. Disney+ in the Third Quarter Direct-to-consumer revenues have … Read more
While Disney Parks & Resorts have overall seen a strong increase in this third quarter of 2023 over the previous cycle, this is being attributed to strong performances from international destinations and the Disney Cruise Line. Domestically, the situation has been a little more disappointing. Domestic Parks Stall At Walt Disney World, attendance dropped while … Read more
According to Deadline and official reports from The Walt Disney Company, a mixed third quarter for 2023 has seen some success, reduced losses, and a few disappointments overall. The Walt Disney Company Third Quarter 2023 Direct-to-consumer losses shrank while Parks and Resorts revenue rose compared with the previous quarter. While Disneyland Resort and Walt Disney … Read more
Direct-to-consumer revenues have increased by 9 percent while the operating loss has almost broken even in the third quarter of 2023. Disney+ subscribers have dropped to 146.1 million, below the 154.8 million goal, though core members of the service rose by 1 percent. Disney+ and Direct-to-Consumer Revenues in Q3 2023 In the company’s Q3 2023 … Read more
Disney Parks & Resorts have experienced a decent improvement over the previous quarter, announcing a 13 percent jump in revenue to $8.3 billion Q3 Disney Parks Revenue Disney CEO Bob Iger expressed his thoughts on the performance in today’s earnings call: Our results this quarter are reflective of what we’ve accomplished through the unprecedented transformation … Read more
During the Gen Con 2023 event that took place the first week of August, the highly anticipated Disney Lorcana trading card game was available for purchase. Now that we have our hands on cards, and the rules for the game, WDWNT staffers Alicia and Ben sit down to play! In this video, we’ll explain the … Read more
A recent article from The Hollywood Reporter has breathed new life into the longstanding rumor of a potential Apple acquisition of The Walt Disney Company. The August 9 article by Kim Masters and Alex Weprin proposes that the company’s recent effort to trim down their extensive television offerings could pave the way toward an eventual … Read more
A Florida man was arrested this summer after he was accused of snatching a man’s car keys from an unattended stroller at EPCOT and then breaking into his car in the theme park parking lot. Florida Man Snatches Keys from Stroller Ahmed Snina, 24, is charged with grand theft of a motor vehicle with a … Read more
Universal Studios Hollywood has announced the full lineup of houses for Halloween Horror Nights 2023. They also announced the return of the Terror Tram, which this year has a theme that may bug a few. Terror Tram…The Exterminatorz Terror Tram is back and this time the bugs are taking over. Tour Guide Larry Larva and … Read more
During the different food festivals that EPCOT hosts, Joffrey’s Coffee & Tea Company kiosks found around the park typically add special beverages to their menus. For the 2023 EPCOT International Food & Wine Festival, four new drinks can be found around the park, with different drinks catering to different flavors, some sweet, some nutty, and … Read more
Westward Ho in Magic Kingdom is now serving a new breakfast biscuit sandwich with fried chicken, a half-egg omelet, and pepper jack. Westward Ho Refreshments is a quick-service stand in Frontierland. The breakfast biscuit sandwich joins other new breakfast offerings at Magic Kingdom like a pretzel roll sandwich at Friar’s Nook and a breakfast bagel … Read more
Halloween Horror Nights 32 kicks off on September 1 at Universal Studios Florida, and preparations are well underway. Food booths themed to “The Last of Us”, giant spiders, and more have arrived. Dr. Oddfellow’s Collection of Horror A new wagon with a small stage has appeared for Dr. Oddfellow’s Collection of Horror. The scare zone … Read more