Disney’s new Abu Dhabi theme park will be “very modern” and their “most technologically advanced” theme park yet. Disney’s Most Technologically Advanced Theme Park Disney announced the brand-new theme park before their Wednesday morning earnings call, in which they reported a 9% increase in their Disney Parks operating income. In a Good Morning America interview … Read more
The Walt Disney Company has released its earnings report for the second quarter of 2025, with a total revenue of $23.6 billion across all of its segments. Q2 2025 Revenue This increase comes in at 7% above the $22.1 billion revenue from Q2 fiscal year 2024. In Q1 fiscal year 2025, the company raked in … Read more
A new article by Deadline has reported that Disney is planning to abandon the Fox Studios lot located in Los Angeles once its lease expires next March. Disney Abandoning Fox Studios Lot In a new article by Deadline, multiple sources have confirmed that Disney does not plan on continuing to occupy the Fox Studios lot … Read more
As a part of the recent 2025 Annual Meeting of Shareholders, Disney shareholders voted overwhelmingly against a proposal to stop participating in the Human Rights Campaign’s Corporate Equality Index. Shareholders Vote Against Corporate Equality Index Proposal The 2025 Annual Meeting of Shareholders, which can be watched in full on The Walt Disney Company website, allowed … Read more
According to Variety, Nvidia and Disney have partnered together on a new AI-based robotics project. Nvidia and Disney Robotics Project Nvidia has released a series of initiatives that are designed to “supercharge” the development of humanoid robots. The technology company announced that they are partnering with Disney Research, as well as Google’s DeepMind AI lab, … Read more
A new article has provided more information on the ongoing search for a successor to Walt Disney Company CEO Bob Iger. Jimmy Pitaro No Longer on List of CEO Candidates The new article by Bloomberg provides a little more information on the continued search for the perfect replacement for current Disney CEO Bob Iger. With … Read more
The Walt Disney Company is laying off another round of employees, according to a new report from Deadline. Disney Layoffs Affecting News and Entertainment According to the report, this layoff impacts just under 200 employees, or less than 6% in ABC News Group and Disney’s entertainment networks. The majority of those impacted will be at … Read more
Variety reports that former CTO of Walt Disney Studios, Jamie Voris, has been named to lead the newly created “Office of Technology Enablement,” which seeks to integrate AI and mixed reality across the company in a responsible way. As the Walt Disney Company prepares to add the burgeoning world of artificial intelligence to its repertoire … Read more
Several reports are circulating the internet stating that Disney has fallen victim to a hacking incident, resulting in the compromise of 1.1TB of data. The Walt Disney Company 1.1TB Data Breach A hacktivist group called “Nullbulge” states that they have accessed Disney’s internal Slack platform and have obtained 1.1TB of data from the platform. While … Read more
shopDisney will reportedly be ditching its current branding and going back to the original Disney Store name later this month. shopDisney to Rebrand Back to Disney Store According to Laughing Place, shopDisney will make the change official this month, once again donning the “Disney Store” moniker. As a result of the change, the retailer’s main … Read more
The Walt Disney Company has set the date for their 2024 meeting of shareholders, according to Variety. Disney Sets Date for Annual Meeting of Shareholders The meeting will be held on April 3, 2024, with all shareholders on record as of February 5, 2024 allowed to vote during the meeting. Per Variety, Disney addressed shareholders … Read more
In a new proxy statement filed today with the SEC, the U.S. Securities and Exchange Commission, Disney has shared the fiscal 2023 salaries for current CEO Bob Iger and former CEO Bob Chapek. Disney Shares 2023 Salaries for Iger and Chapek According to Variety, the current Disney CEO saw his salary drop to $31.6 million … Read more
On Thursday, December 21, The Academy of Motion Picture Arts and Sciences announced the shortlists for 10 categories for the 96th Academy Awards. Of them, projects from The Walt Disney Company have made it onto six Oscars lists. 96th Oscars Shortlists The Walt Disney Company has films from various studios on the 96th Oscars shortlists. … Read more
In their latest motion to dismiss Disney’s federal lawsuit against Florida Governor Ron DeSantis and the Central Florida Tourism Oversight District (CFTOD) board as hearings begin, attorneys for DeSantis are arguing that it doesn’t matter if the state of Florida acted in retaliation against Disney. Court Hearings Begin for Disney vs. DeSantis Court hearings in … Read more
Multiple accounts associated with The Walt Disney Company have returned to posting X, formerly Twitter, after the company’s 10-day break from the platform. Disney Resumes Posting on X This shift comes after The New York Times reported that Disney, along with other notable companies like Apple and Paramount would be halting marketing on X in … Read more
The Walt Disney Company has named Hugh F. Johnston as Senior Executive Vice President and Chief Financial Officer, effective December 4, 2023. Disney Names New CFO Johnston is currently Vice Chairman and Chief Financial Officer of PepsiCo, where he held multiple leadership positions over his 34-year career there. Johnston will report directly to Disney CEO … Read more