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

Disneyland and Walt Disney World Profits Expected to Rebound This Year

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Disneyland Resort and Walt Disney World Resort profits are expected to rebound this year, then grow higher in 2023 and 2024. This is after a significant financial downturn in the past two years due to COVID-19 closures and capacity limits. A new analyst report from research firm MoffettNathanson indicates that theme parks will have strong … Read more

BREAKING: Disney Parks and Resorts Revenue Up $1 Billion Over Last Quarter, Segment Posts First Profits Since Pandemic Began

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The third quarter of the fiscal year has closed, and Disney has released their Q3 2021 results. In the earnings call this afternoon, the company announced a $17.02 billion revenue, higher than the expected revenue of $16.76 billion. Disney Parks, Experiences, and Products reported revenue of $4.3 billion, an increase of 100% versus Q3 2020 … Read more

2020 Third Quarter Injury Report Released for Central Florida Theme Parks – Guest Has Stroke on Mission: SPACE, More Issues at Volcano Bay

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The 2020 third-quarter injury report for Central Florida theme parks, including Walt Disney World Resort and Universal Orlando Resort, has been released thanks to the MOU Exempt Facilities Report. Typically, amusement parks and fairs are subject to inspection from the State of Florida. However, “Permanent facilities that employ at least 1,000 full-time employees and that … Read more

2019 Third Quarter Injury Report Released for Walt Disney World

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The third-quarter injury report for Walt Disney World has been released thanks to the MOU Exempt Facilities Report. Typically, amusement parks and fairs are subject to inspection from the State of Florida. However, “Permanent facilities that employ at least 1,000 full-time employees and that maintain full-time, in-house safety inspectors” are exempt from state inspection. To … Read more