BREAKING: shopDisney Will Go Back to Original Disney Store Name

shopDisney.com and Disney Store logos

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

Disney Announces Date for Annual Meeting of Shareholders, Addresses Outside Nominees Including Nelson Peltz

Walt Disney company studios gate for shareholders meeting article

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

Disney Releases Fiscal 2023 Salaries for Current CEO Bob Iger and Former CEO Bob Chapek

Chapek and Iger - New Details WSJ

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

‘Once Upon a Studio’ Short, ‘Indiana Jones,’ ‘Guardians of the Galaxy,’ and More Disney Films Make 96th Oscars Shortlists

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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

DeSantis’ Attorneys Say It Doesn’t Matter if Florida Retaliated Against Disney Over ‘Don’t Say Gay’ Opposition as Federal Hearings Begin

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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

Disney Returns to X After 10-Day Break Due to Elon Musk Controversy

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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

PepsiCo’s Hugh F. Johnston Named Senior Executive Vice President and Chief Financial Officer of The Walt Disney Company, Filling Christine McCarthy’s Former Role

Hugh F. Johnston Disney Headshot

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

Disney Asks Judge to Deny DeSantis and CFTOD’s Motion to Dismiss Federal Lawsuit, Says Florida Governor and His Allies ‘Are Engaged in An Ongoing Constitutional Mutiny’

Mickey and Minnie Fab 50 statues in front of Cinderella Castle at Magic Kingdom

After being granted a deadline extension to file their response to Florida Governor Ron DeSantis and the Central Florida Tourism Oversight District’s (CFTOD) motion to dismiss their federal case, The Walt Disney Company has responded to both motions, accusing the parties of taking part in “ongoing constitutional mutiny” and asks the judge to reject the … Read more

Disney Reports ESPN Profits Down 20% as Disney Considers Its Options

ESPN sports logo

In a regulatory filing, Disney has reported that ESPN profits are down 20%. ESPN Profits Down, Disney Exploring Strategic Options In the first nine months of the fiscal year, Disney’s sports bundle (ESPN, ESPN+, and ESPN television channels) reported profits down 20 percent, to $1.48 billion, as well as a decrease in sales to $13.2 … Read more

Disney Stock Drops to Lowest Price Since 2014

DIsney Stock Drop

Disney stock prices dropped again today, with the price per share hitting its lowest since 2014. Disney Stock Drops to New Low Today, October 4, 2023, $DIS reached a new low price of $78.76 around 2:30 p.m. ET. At the time of press, the stock price has risen slightly to $79.42 per share. Disney’s stock … Read more

ESPN, ABC, and More Disney Channels Go Dark for Spectrum Subscribers as Companies Fail to Reach Agreement

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The Walt Disney Company and Spectrum’s parent company, Charter Communications, are fighting over a new contract. As the two fail to reach an agreement, Disney channels like ESPN and ABC are dark to Spectrum subscribers during Labor Day weekend and many won’t be able to watch the U.S. Open or college football. The dispute is … Read more

Disney Stock Closes at Lowest Price in Nearly a Decade

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After we reported Disney stock was at a 52-week-low, the stock price continued to drop and The Walt Disney Company (DIS) closed on Thursday, August 24 at $82.47 per share. This is Disney’s lowest closing price in nine years. Disney Stock Closes on Disappointing Note This is the lowest price Disney has closed at since … 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

Disney Creates AI Task Force to Explore Future Use for Movies, Theme Parks, and More

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The Walt Disney Company has assembled an AI task force to evaluate the future use of Artificial Intelligence in movies, theme parks, and more, according to Reuters. Disney AI Task Force Reuters notes that the task force was formed before the Writers’ Guild of America went on strike, partially due to the use of AI … Read more

Disney Opposes DeSantis Motion to Dismiss Federal Lawsuit, Claims Governor ‘Seeks to Evade Responsibility for His Actions’

bob iger ron desantis

Disney has responded to Florida Governor Ron DeSantis’ motion to dismiss their ongoing lawsuit that was filed last month, citing that DeSantis “seeks to evade responsibility for his actions.” Disney Responds to Attempts for Lawsuit Dismissal In the opposition, attorneys for Disney say the Governor’s pursuit for a dismissal asserts their previously held belief that … Read more

Disney CEO Bob Iger Sees ‘Opportunities to Turbocharge’ Theme Park Growth

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During his appearance on CNBC’s “Squawk Box” on Thursday, July 13, Bob Iger, CEO of The Walt Disney Company, shared his optimism for the potential future of Disney Parks & Resorts. Disney CEO Bob Iger Sees Opportunities for Theme Park Growth This news follows the recent announcement that Iger would be extending his contract as … Read more