A surprise “Moana” sequel announced, Disney to invest 70 percent of $60 billion in expanding the theme parks — all this and more in today’s daily recap for Wednesday, February 7, 2024. Walt Disney World EPCOT Walt Disney World Resort Hotels New Merchandise Disneyland Resort Entertainment and Media Disney+ The Walt Disney Company WDW News … Read more
During today’s Q1 2024 earnings call for The Walt Disney Company, CEO Bob Iger shared that all of the Disney Parks were profitable in the quarter, and teased “so many untapped stories” that could make their way to the parks. Bob Iger Teases ‘Untapped Stories’ for Disney Parks When giving an overview of the Experiences … Read more
The Walt Disney Company shared in their Q1 2024 earnings report that their overall revenue was $23.55 billion, earning $1.04 per share. The Walt Disney Company Q1 2024 Earnings This is a slight increase from Q1 2023, when Disney saw earnings of 99 cents per share on $23.51 billion in revenue. Estimated revenue for this … Read more
The Walt Disney Company will discuss their fiscal first quarter 2024 financial results via live audio webcast on Wednesday, February 7, 2024. The webcast will begin at 4:30 p.m. ET / 1:30 p.m. PT. Results will be released after the close of regular trading on February 7, 2024. The webcast will be broadcast at www.disney.com/investors.
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, October 3, 2023. Walt Disney World EPCOT … 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
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
Disney is expecting the domestic Disney Parks (Disneyland Resort and Walt Disney World Resort) to have a lower Q3 2023 revenue than in Q3 2022. The reasons Disney gave for the revenue being lower were due to the new Cast Member contract and the end of the 50th Anniversary celebration at Walt Disney World. The … Read more
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
The Walt Disney Company announced during Wednesday’s earnings call that they made approximately $21.8 billion in revenue during the second quarter of 2023. Their adjusted earnings per share (EPS) was $0.93, a decrease from $1.08 in last year’s quarter. Disney’s second fiscal quarter ran from January 1 to April 1, 2023. “We’re pleased with our … Read more
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 Friday, April 7, 2023. Walt Disney World Magic … Read more
The Walt Disney Company has announced the date for their Q2 2023 earnings call. Disney Earnings Call The call will take place on Wednesday, May 10, at 4:30 p.m. ET / 1:30 p.m. PT via a live audio webcast. The Q2 earnings report will be released after the close of regular trading that day (4:00 … Read more
As the Walt Disney Company prepares for a first wave of layoffs this week, details have emerged regarding who will be the first executives to be let go from the company. The first layoffs appear to be a casualty of consolidation efforts within production operations across Disney TV Studios, Hulu, Freeform, and FX under the … Read more
According to a recent report by Deadline, the Walt Disney Company is set to begin a series of company-wide layoffs next week ahead of their April 3 virtual shareholders meeting. Just last week, executives at The Walt Disney Company were asked by CEO Bob Iger to identify thousands of potential layoff candidates in an effort … Read more