Now, it seems Disney+ and Disney’s other streaming options will play an even bigger role in the Walt Disney Company overall.
And, in response, the Service Trades Council Union, which represents 43,000 Cast Members at Walt Disney World, has released a statement on their Twitter account.
Due to the ongoing global health crisis, The Walt Disney Company has had to pivot and adapt on the fly to the ever-changing circumstances of our new environment.
Consisting of many segments pertaining to the entertainment industry including Disney Cruise Line and Walt Disney Studios namely, just about every facet of The Walt Disney Company has been financially impacted from the shutdown, with Disney’s theme parks taking the biggest hit. Now, the Walt Disney Company has just held its Q3 earnings call to discuss the results of its third fiscal quarter of 2020.
In a new video released by Disney, Cast Members share their experience with racial inequality.
In the video description, the Disney YouTube channel states: “Several of our colleagues created this powerful and very personal video to share with their fellow employees, highlighting the need for greater understanding, unity and action to address racial inequality in our country. We believe Black lives matter and that this message is one that everyone should hear. That’s why we’re sharing it with you.”
Today the Walt Disney Company announced that it would be pledging $5 million to nonprofit organizations that support social justice.
Let’s take a closer look at the donations pledged.
Earlier this month, The Walt Disney Company announced a wave of leadership shifts.
These changes included appointing new park presidents for both Disney World and Disneyland, naming Josh D’Amaro the Chairman of Disney Parks, Experiences, and Products, and shifting Rebecca Campbell into the role of Chairman for the Direct-To Consumer sector. And now, Disney announced a change to its financial leadership.
We reported yesterday that The Walt Disney Company shifted around their executives to form a new leadership team.
This change-up moved Josh D’Amaro to the Chairman of Disney Parks, Experiences, and Products, and named new presidents for both Disney World and Disneyland. Former Disneyland President, Rebecca Campbell, is stepping into the role of Chairman for the Direct-To Consumer sector and analysts shared their concerns with this recent change.
Today, Disney announced a new leadership team including Josh D’Amaro in his new position as Chairman of Disney Parks, Experiences, and Products.
Other members include Rebecca Campbell, Jeff Vahle, Kareem Daniel, and Thomas Mazloum. Campbell took on the position of chairman of Disney’s Direct-to-Consumer and International, which was formerly held by Kevin Mayer. However, Mayer is moving on to a position with a popular video service.