Disney Parks Makes $6.3 Billion Revenue Domestically During Q1 2024

Front of Cinderella Castle at Magic Kingdom

In their Q1 2024 earnings report, Disney reported that their theme park division made $6.3 billion in domestic revenue during the quarter. Disney Parks Q1 2024 Revenue Overall parks and experiences revenue was $9.1 billion, an increase of 7% from last year’s quarter. The parks and experiences had a decrease in operating income offset by … Read more

Disney Parks, Experiences and Products Renamed to Just Disney Experiences

Sleeping Beauty Castle at Sunset Disneyland Stock

The Disney Parks, Experiences and Products (a.k.a. “DPEP”) division of The Walt Disney Company has been renamed just Disney Experiences. Disney Experiences The name change was official as of November 16, 2023. The Disney Experiences website (disneyconnect.com) now reflects the name change and states, “Disney Experiences brings the magic of Disney stories and franchises to … Read more

Disney Parks Investments to Gradually Increase and Then ‘Ramp Up’ in Next 10 Years

Partners Statue with Cinderella Castle

Interim CFO Kevin Lansberry said during Wednesday’s earnings call for The Walt Disney Company that they expect investments in Disney Parks, Experiences and Products to “ramp up” in the latter half of the next 10 years. Future Investments in Disney Parks “We anticipate robust operating income growth at experiences to reflect strong performance at our … Read more

Disney CEO Bob Iger Says ‘Turbocharging Growth’ in Theme Parks is Among Key Building Opportunities

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In the Q4 2023 earnings report for The Walt Disney Company, CEO Bob Iger said that “turbocharging growth” at Disney theme parks is among their “key building opportunities.” “Our results this quarter reflect the significant progress we’ve made over the past year,” Iger stated. “While we still have work to do, these efforts have allowed … Read more

Disney Parks, Experiences and Products Revenue Increases 13% From Q4 2022

Cinderella Castle at Magic Kingdom

The Walt Disney Company released their Q4 2023 and fiscal full-year results at the end of trading on Wednesday, November 8, 2023. In Q4 2023, Disney Parks, Experiences and Products increased revenue by 13% from last year, for a total of $8,160 million. Domestic revenue was $5,384 million, while international was $1,665 million and consumer … Read more

Disney Parks Hires Former PayPal Legal Officer as New Chief Counsel for Central Florida Tourism Oversight District Fight

Louise Pentland

Disney Parks, Experiences and Products has hired Louise Pentland, former Chief Business Affairs and Legal Officer at PayPal, as their new Chief Counsel reporting to Horacio Gutierrez, Senior EVP, General Counsel and Chief Compliance Officer of The Walt Disney Company. This is an exciting time to join The Walt Disney Company and I’m honored to … Read more

Disney Parks Made $7.78 Billion in Revenue During Q2 2023

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Disney Parks, Experiences and Products reports $7.78 billion in revenue during the second quarter of 2023, which ran from early January to late March. During this time, the Disney 100 Years of Wonder celebration kicked off at Disneyland Resort and began at Walt Disney World Resort. With the celebration came the debut of “Wondrous Journeys” … Read more

Disney’s Workforce Cuts to Impact all Sections of Company, Will Not Impact Hourly Park Operations Cast

Tower of Terror at Disney's Hollywood Studios

Josh D’Amaro addressed the announcement that The Walt Disney Company would be cutting 7,000 jobs in an email to Cast Members today. D’Amaro, chairman of Disney Parks, told Cast Members that the cuts will impact every section of the company, including Disney Parks, Experiences, and Products. However, Disney does not expect these cuts to impact … Read more

Disney Parks Chairman Josh D’Amaro Says Newly Announced Changes Are a Result of Listening to Guests

Josh DAmaro

After a slew of changes was announced for Walt Disney World and Disneyland Resort this afternoon, Disney Parks Chairman Josh D’Amaro gave an interview with the New York Times. The changes, which included bringing back free parking and easing reservation requirements, have been well received by fans. Some applauded the changes as a result of … Read more

Hurricane Ian Caused $65 Million Dip in Expected Q4 Earnings for Disney Parks, Experiences, & Products

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Today, The Walt Disney Company reported its Q4 earnings, and they fell short of expectations for profit and key revenue segments — including Disney Parks, Experiences, and Products (DPEP). Disney said that DPEP operating income (OI) margin (Domestic) for Q4 2022 was 15%. However, in Q3 2022, the company reported a 30% OI and Q2 … Read more

Every Disney Parks, Experiences, & Products Announcement at D23 Expo 2022

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There were so many announcements at the Disney Parks, Experiences, & Products panel during D23 Expo 2022, so we’ve compiled everything you have to look forward to! Disneyland Resort The Mandalorian and Grogu will appear in Star Wars: Galaxy’s Edge at Disneyland in November. A The Hulk “Project Exo” robotic exoskeleton meet-and-greet will start at … Read more

Disney Expects to Increase Capital Expenditures to $6 Billion, Likely Indicates Many New Theme Park Projects

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In today’s Q3 earnings call, Disney revealed they expect to increase their capital expenditures to $6 billion in the coming years, an ambitious number that would likely be largely represented in the Disney Parks, Experiences, and Products division. Disney’s goal in the coming years is to spend around $6 billion in capital expenditures, which generally … Read more

Disney Parks, Experiences, and Products Division Sees Reorganization Following George Kalogridis’ Exit

Josh D'Amaro with Cinderella Castle

As we reported earlier, Disney Parks executive and Walt Disney World Opening Day Cast Member George Kalogridis has announced his retirement. In the wake of his announcement, division Chairman Josh D’Amaro has announced a reorganization of the Disney Parks, Experiences, and Products department. With the reorganization, Kalogridis’ domain of Segment Development and Enrichment will be … Read more

Disney Parks Make $6.7 Billion in Revenue in Second Quarter of 2022

Sleeping Beauty Castle at Disneyland

Disney Parks, Experiences and Products pulled a revenue of $6.7 billion in the second quarter of 2022. In the same quarter of 2021, they only made $3.2 billion. The domestic revenue was $4.9 billion, only up slightly from last quarter but a significant increase from $1.7 billion last year. Disneyland Paris, which was closed the … Read more

Gail Evans Named Executive VP, Chief Digital and Technology Officer for Disney Parks

Gail Evans

Gail Evans has been named Executive Vice President, Chief Digital and Technology Officer for Disney Parks, Experiences and Products. Evans worked at Mercer for the past six years and was named their first Global Chief Digital Officer in June 2018. Before that, she had worked for Microsoft, Hewlett-Packard, Bank of America, and Eastman Kodak in … Read more

WDWNT Daily Recap (8/12/21): Disney Releases Q3 Earnings Report, Walt Disney World 50th Anniversary Merchandise Arrives, and More

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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 Thursday, August 12, 2021. Walt Disney World … Read more