The Walt Disney Company

Abigail Disney Talks Brand Erosion and Executive Salaries in Latest Interview, Says The Walt Disney Company “Needs to be Saved From Itself”

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Abigail Disney, the granddaughter of Roy O. Disney, is once again expressing concern about The Walt Disney Company and specifically its hourly employees. Disney spoke about the company this week with The Hollywood Reporter‘s editor-at-large Kim Masters on KCRW’s The Business podcast. “I don’t believe that the company and the magic can survive this kind … Read more

Bob Iger Reportedly Being Considered for Ambassadorship by the Biden Administration

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Could Bob Iger be on his way from the Magic Kingdom to the United Kingdom? A new report suggests so. According to The Hollywood Reporter‘s Tatiana Siegel, the administration of President-Elect Joe Biden is considering The Walt Disney Company’s executive chairman and former CEO for ambassadorship to either the UK or China, reportedly being “at … Read more

Vice President of Disney+ Nonfiction Originals (“The Imagineering Story”, “Muppets Now”, “Howard”) Leaves for Netflix

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As part of The Walt Disney Company’s ongoing restructuring to emphasize direct-to-consumer entertainment and Disney+, the vice president of the streaming service’s Nonfiction Originals division has left the company for Netflix. Deadline‘s Anthony D’Alessandro reports that Dan Silver has departed Disney to become Netflix’s Director of Documentary Feature Films. The move comes after the teams … Read more

Disneyland Resort Expected to Remain Closed At Least Until January 2021

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During today’s Fiscal Full Year and Q4 2020 Earnings Results webcast, Disney CFO Christine McCarthy has indicated that the Disney Parks division anticipates Disneyland Resort will remain closed through end of the fiscal first quarter in 2021, or at least until January 2021. This aligns with the current California state guidelines for reopening, as Orange County must … Read more

BREAKING: Walt Disney World Theme Parks Now Operating at 35% Capacity

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Disney CEO Bob Chapek has confirmed that the Walt Disney World theme parks are currently operating at 35% capacity, increased from 25%. This was made possible due to innovations in attraction operations while maintaining health and safety guidelines. Examples of this include the installation of plexiglass dividers at most attractions, including Star Wars: Rise of the … Read more

Walt Disney World Park Reservations 77% Booked for Q1 2021, Thanksgiving Close to Capacity

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During today’s Fiscal Full Year and Q4 2020 Earnings Results webcast, Disney CFO Christine McCarthy has indicated that Disney Park Pass reservations for Walt Disney World are currently 77% booked for Q1 2021, or the current holiday season through December. Thanksgiving was noted as being “close to capacity”—do note that during this webcast it was also revealed … Read more

The Walt Disney Company Reports First Financial Annual Loss in Over 40 Years

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For the first time in over forty years, Disney has reported an annual net loss. Disney reported fiscal fourth-quarter losses Thursday of $710 million, or 39 cents a share, its second consecutive quarterly loss on a GAAP basis. Disney had not previously reported a quarterly loss since April 2001, when a large charge for the shuttering … Read more

BREAKING: Disney Parks, Experiences and Products Segment Records Loss of $1.1 Billion in Q4 2020

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The Walt Disney Company has released the Q4 earnings report for 2020, beating expectations with $14 billion in revenue, but still experiencing loss in the Disney Parks, Experiences and Products segment, as a number of parks, such as Disneyland Resort are still shuttered. You can read the full financial results here. The Disney Parks sector … Read more

BREAKING: The Walt Disney Company Releases Q4 2020 Financial Results; Beats Expectations with $14 Billion in Revenue

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The Walt Disney Company has released the full fiscal year and Q4 earnings report for 2020, beating expectations with $14 billion in revenue. You can read the full release below. The Walt Disney Company (NYSE: DIS) today reported earnings for its fourth quarter and fiscal year ended October 3, 2020. Diluted earnings per share (EPS) … Read more

The Walt Disney Company to Discuss Fiscal Full Year and Q4 2020 Financial Results Via Webcast Today

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The Walt Disney Company will discuss the fiscal full year and fourth quarter 2020 financial results via a live audio webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST today, November 12, 2020. Results will be released after the close of regular trading today. With the Disneyland Resort hotels and theme parks still shuttered, … Read more

Disney Looks to Protect “Avengers”, “Guardians of the Galaxy” Film Profits from Lawsuit by Technology Company

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Disney is facing a lawsuit that could threaten profits from some of their biggest blockbusters in recent years, including Avengers: Age of Ultron, Guardians of the Galaxy, and the remake of Beauty and the Beast. According to The Hollywood Reporter, the suit has been filed by Rearden, a technology company claiming ownership of visual effects … Read more

Disney+ Updates Content Advisory with More Direct Language, Stating “These Stereotypes Were Wrong Then and are Wrong Now”

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As Disney continues to promote its “Stories Matter” initiative, the company has updated its content advisory on Disney+ for racial and ethnic stereotypes. The new advisory appears on films including The Aristocats, Peter Pan, Dumbo, and Swiss Family Robinson, reading: This program includes negative depictions and/or mistreatment of people or cultures. These stereotypes were wrong … Read more

The Walt Disney Company Executives To Discuss Fiscal Full Year And Q4 2020 Financial Results Via November 12 Webcast

The Walt Disney Company

The Walt Disney Company will discuss the fiscal full year and fourth quarter 2020 financial results via a live audio webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, November 12, 2020. Results will be released after the close of regular trading on November 12, 2020. To listen to the webcast, please … Read more

Over 400 Walt Disney Imagineers to Be Laid Off

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Sadly, the layoffs that have affected Disney Parks, Resorts and Products are also coming to Walt Disney Imagineering. According to The Orange County Register‘s Brady MacDonald, a Worker Adjustment and Retraining Notification (WARN) Act revealed that 411 Imagineers are expected to be laid off from their campus in Glendale, California. Earlier today, it was discovered … Read more

Diane Jurgens Hired as The Walt Disney Company’s New CIO

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Diane Jurgens is The Walt Disney Company’s new Chief Information Officer (CIO), Variety reports. She replaces Susan O’Day who retired as CIO and EVP of enterprise technology in January of this year. Jurgens will officially start on October 5 and report to Christine M. McCarthy, Senior Executive VP and Chief Financial Officer. Jurgens holds an … Read more

John Boyega Accuses Disney of Downplaying Characters of Color in Recent “Star Wars” Films in New Interview

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John Boyega is speaking out about how characters of color were treated in the Star Wars sequel trilogy in a new interview with British GQ. Boyega, who played Finn, the ex-Stormtrooper who joins the Resistance against the First Order, claims that Disney downplayed his and other characters in The Last Jedi and The Rise of … Read more

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