Guest Arrested at Magic Kingdom Reportedly Caught Stealing from Guest Strollers, Disney CEO Bob Chapek Doubles Down on Park Passes, Insiders Say There Are Many Replacement Candidates for Bob Chapek, and More: Daily Recap (5/11/22)

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, May 11, 2022. Walt Disney World Magic … Read more

Disneyland Paris Sees Significant Growth in Revenue in Second Quarter of 2022

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Disneyland Paris boasted significant growth, reporting $0.9 billion in revenue during the second quarter of 2022, while Disney Parks made a total of $6.7 billion. While this is a relatively small portion of the overall revenue, Disneyland Paris did see significant growth this quarter. Its revenue in quarter one was $0.6 billion. Its income this … Read more

Disney Stock On the Rise After 2022 Second Quarter Earnings Report Goes Live

The Walt Disney Company building with Seven Dwarfs columns

During the day, Disney stock ($DIS) had fallen to a new 52-week low of $104.79, but after the market closed and they released their 2022 Q2 earnings report, that number began to rise. According to Seeking Alpha, $DIS has already grown 3.3% in the after-hours as Disney+ subscriber growth was reported to exceed expectations. Given … 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

Disney+ Reaches Over 137 Million Subscribers, Exceeding Expectations for Q2 2022

Disney+ net 7.9 million new subscribers in Q2 2022, exceeding analysts’ predictions. After a slow Q4 in 2021 and a poor showing from direct competitor Netflix in Q1 2022, nerves were soothed a little by the 11.8 million new subscribers last quarter (61% more than analysts predicted). As we learned from the Q2 earnings report … Read more