Surprise ‘Moana 2’ Movie Announced & More: Daily Recap (2/7/24)

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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

International Disney Parks Shine While Galactic Starcruiser Closure & Lower Attendance Cause Domestic Destinations to Languish

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While Disney Parks & Resorts have overall seen a strong increase in this third quarter of 2023 over the previous cycle, this is being attributed to strong performances from international destinations and the Disney Cruise Line. Domestically, the situation has been a little more disappointing. Domestic Parks Stall At Walt Disney World, attendance dropped while … Read more

Losses Shrink & Savings Target of $5.5 Billion Exceeded in $22.3 Billion Third Quarter 2023 for The Walt Disney Company

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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 Losses Lessen, Overall Disney+ Subscriber Count Drops While Core Members Rise 1% in Third Quarter 2023

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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 Reports 13% Increase & $8.3 Billion in Revenue for Third Quarter 2023

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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 Stock Down Nearly 9% Since Yesterday’s Closing

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The Walt Disney Company stock has taken quite the dive this morning, with Disney stock plummeting nearly 9% since yesterday. Disney Stock Disney stock (DIS) dropped in premarket trading after their disappointing first-quarter report. Yesterday, after their second-quarter report, it dropped even more. This also comes after a surprise decline in Disney+ subscribers in Quarter … Read more

GOP-Proposed Florida Timeshare Valuation Bill Would Give Large Tax Breaks to Disney, Among Others

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As reported by the Orlando Business Journal this morning, a Florida bill sponsored by Representative Randy Fine (Republican — Palm Bay) would redefine the way timeshare properties are valued in the state, consequently allowing the potential for massive tax breaks to entities in the state such as Walt Disney World, Hilton Grand Vacations, Marriott Vacations … Read more

Disneyland Paris Makes Post-COVID Comeback with Record Annual Revenue and Modest Profit

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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

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)

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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 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 Points to Genie+ and ‘More Favorable Guests’ as Reasons Behind Revenue Increase

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Disney Parks, Experiences and Products made a total revenue of $6.7 billion in the second quarter of 2022. Disney points to Genie+ and “more favorable guests” as driving factors behind the revenue increase from previous quarters. Disney reiterated what they said last quarter, which is that their domestic parks have seen a “more favorable guest … Read more

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

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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

The Walt Disney Company Pulls $19.2 Billion Revenue in Second Quarter of 2022

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The Walt Disney Company announced during today’s earnings report that their revenue in the second quarter of 2022 was approximately $19.2 billion. The company’s total revenue in the first quarter was $21.82 billion, which exceeded expectations. The Parks, Products and Experiences division produced $6.7 billion of that revenue, while the still-unprofitable Disney+ exceeded analysts’ expectations … Read more

Disney Parks Revenue Continues to Increase, But Profit Lags Behind 2019

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According to Seeking Alpha, the Disney Parks continue to move on from the effects of the COVID-19 pandemic, though in terms of profit, there’s still a long way to go until full recovery. The report claims that The Walt Disney Company may be able to surpass revenue levels established before the pandemic outbreak in the … Read more

The Walt Disney Company Beats Expectations, Parks Earn $7.2 Billion in First Quarter of 2022

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The Walt Disney Company has released their 2022 first quarter report. This financial quarter began October 3, 2021 and includes both company-wide and Disney Parks revenue. Last year, The Walt Disney Company made $16.25 billion in this quarter. This year, Disney’s total revenue was $21.82 billion, beating expectations of approximately $18.63 billion. Expectations for Disney’s … 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