The Walt Disney Company reported in a filing with the U.S. Securities and Exchange Commission (SEC) that Florida is a potential threat to their business. Florida Threatening Disney Business After releasing their quarter two earnings report on Wednesday, The Walt Disney Company stated in their filing with the SEC that the recent actions by Florida … Read more
Disney CFO Christine McCarthy elaborated on the prior quarter’s financial and attendance success in Shanghai at the 2023 Q2 results conference call. Shanghai Disney Re-Discovers Success The topic was discussed by the CFO and CEO (Iger) alongside other developments of the second quarter, including the ongoing federal lawsuit between Disney and Florida Governor Ron DeSantis, … Read more
After their first-ever drop in subscribers during quarter one of 2023, Disney+ lost another 4 million subscribers in quarter two. Disney did, however, cut their streaming losses by $400 million. They increased their average revenue per user by 20%. So the quarter is generally a financial success for Disney streaming. Like the last drop in … 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, October 30, 2020. Walt Disney World … Read more
During today’s Walt Disney Company Q2 earnings call, it was revealed that there will be a $900M decrease in CAPEX spending anticipated for FY20, mostly due to postponed construction and refurbishment projects during the closure of the Disney Parks around the world. This is obviously related to the ongoing construction delays and how much longer … Read more