Disneyland Paris has reported a strong 2022 fiscal year after severe financial struggles throughout a global pandemic that dramatically impacted businesses and lives across the entire world. Opened in 1992 as Euro Disney, this sprawling resort property was blessed with incredible detail and high budgets for almost every element of construction to ensure qualitative perfection; … Read more
The closure of the parks of the Disneyland Resort have been closed for seven months, could be responsible for a massive revenue loss for 2020, according to one analyst. According to The Orange County Register‘s Brady MacDonald, MoffettNathanson founding partner Michael Nathanson has claimed that the resort has lost $2.2 billion in revenue during the … Read more
With an empire revolving around travel, movies, and large crowds descending upon crowded theme park attraction openings, the Walt Disney Company has been among the most impacted throughout the COVID-19 pandemic. However, despite initial Phase 1 reopenings taking place across Florida today, Walt Disney World remains shuttered with no reopening date in sight. As we … Read more
The Walt Disney Company has seen a whirlwind month within the market, getting out-performed by Netflix only to gain advantage shortly after with the White House’s announcement for a phased reopening of businesses to potentially begin in May. However, investors haven’t fully regained hope in the company, and more news coming out regarding the future … Read more
With Disney Parks around the world closed for the foreseeable future, WDWNT is dipping into our archives of vintage materials for a look back into Disney history! It’s time for the third and final part of our look at Walt Disney Productions’ 1965 Annual Report with a glimpse into the company’s plans for 1967 and beyond, … Read more
With Disney Parks around the world closed for the foreseeable future, WDWNT is dipping into our archives of vintage materials for a look back into Disney history! We’re back with the second part of our look at Walt Disney Productions’ 1965 Annual Report, featuring Disney’s 1966 offerings in film, television, Disneyland and other real estate ventures, … Read more
Today, The Walt Disney Company announced a $6 billion debt offering. Five different notes were part of the offering, with maturity dates ranging from 2025 to 2050. In the filing with the Securities and Exchange Commission, Disney stated the purpose of the offering is “to use the net proceeds from the sale of the notes … Read more
With reports arising about deep financial losses and even a potential extension of current park closures, things are looking more and more volatile for The Walt Disney Company, and a new statement released by the company to the Securities and Exchange Commission today confirms that the company has in fact hit hard times due to … Read more
Every year, guests flock to Anaheim to experience the little park that started it all: Disneyland. But with Disneyland Resort now closed due to the ongoing Coronavirus (COVID-19) pandemic that is currently sweeping the nation, things have gotten pretty quiet throughout Anaheim, if not all of Southern California. In a fascinating new article by the … Read more
A former accountant for The Walt Disney Company is alleging that employees of Disney Parks and Resorts had “materially overstated” revenue, in a series of filings with the U.S. Securities and Exchange Comission. The accountant, Sandra Kuba, has revealed to MarketWatch’s Francine McKenna that employees in Disney Parks and Resorts’ business division systematically reported inflated … Read more
It appears no corporate office is safe from the dangers of hacking and phishing, even the one running the Most Magical Place on Earth. According to the Orlando Sentinel, it appears an employee at Reedy Creek Improvement District’s main office, which handles building codes, road construction, fire rescue, and landscaping throughout Disney-owned land, mistakenly wired … Read more
According to Formula Money, recent account filings have shown that Disneyland Paris has returned to a profit last year. With a boost in attendance and guest spending, revenue increased almost 13% to a record £1.5bn ($2bn). This is a significant turn for Disneyland Paris, as they historically have had a difficult time turning a profit … Read more