We’ve taken a look at how Iger’s return has impacted stock values, organizational changes that are set to take place now that Iger is back, and whether Iger will reverse some of Chapek’s biggest decisions. But Iger’s return seems to also be having an impact when it comes to some executives.
2023 marks the 100th anniversary of the Walt Disney Company, and Disney is celebrating in a BIG way!
Beginning in January 2023, Disneyland will kick off the 100 Years of Wonder celebration with all kinds of special surprises, including new decor and character costumes in Disneyland Resort, merchandise, and more, and one airline is joining in on the celebration with a new look!
December 5th marks Walt Disney’s 121st birthday!
On December 5th, 1901, Walt Disney was born in Chicago, Illinois, and the rest is history! You can celebrate by eating Walt Disney’s famous chili, watching your favorite animated film, or if you happen to be in Disney World, you can visit Walt Disney Presents to learn all about Disney’s history. Find out what the Walt Disney Company CEO had to say about this important date.
Disney parks might be some of the Happiest and Most Magical Places on Earth, but that certainly doesn’t mean they’re cheap.
We’ve seen price hikes on merchandise, dining, Genie+, and more, and recently Disney announced new, park-specific pricing would be implemented at Disney World, too. But with a potential recession on the horizon, chances are guests might not be planning as many trips to the parks as Disney would hope. Can they keep attendance up in the face of a recession? History shows they could — and these are the tricks they used to do it the last time around.
A LOT is going on at The Walt Disney Company right now, after the departure of Bob Chapek and the return of Bob Iger in the role of CEO.
Many are expecting a major shake-up within the company, and we’ve seen already started to see hints of this with the departure of Kareem Daniel, who was a head of Disney’s of media and entertainment. Now, another executive is leaving the company.
This past week, the Disney Company changed in a critical way.
You’ve likely heard the news by now but Bob Chapek is no longer CEO and Bob Iger has returned to the position. The change resulted in some immediate impacts and could greatly affect the Disney Company further in the future. On top of that, a Festival has begun in EPCOT, and more news has been shared. So let’s go through all of the BIGGEST news from the week right now!
It’s finally time for the Macy’s Thanksgiving Day Parade!
While it might not be taking place in Disney World, Disney was super involved this year with several huge floats. From the Star Wars Grogu Float to the returning Disney Cruise Line Float and some iconic Disney on Broadway performances, there were lots of things for Disney fans to watch out for, and we have all of the details!
In a sudden turn of events, Bob Chapek is no longer Disney’s CEO and Bob Iger has returned to lead for 2 years.
We’ve shared a look at Disney stock values following the news of Iger’s return, a look at why Disney replaced Chapek with Iger, and celebrities’ reactions to the news. But now we’ve got more details about the determination made before Chapek was removed and what his exit payment could look like.
The Walt Disney Company’s last quarter wasn’t as profitable as some investors expected, and stock value for Disney dropped dramatically during their quarterly earnings call. But what effect does that have on the company itself?
With major losses in streaming, Disney is looking at cost-cutting options to keep profits up, and it looks like they might have just decided on one major way to save some money. [Read more…]
Will Disney offer NEW discounts soon? Based on quotes from The Walt Disney Company’s 2022 Q4 earnings call, it sounds like new deals could be on the way.
Quarterly earnings reports and calls can tell us a lot about what’s going on with Disney, including Disney+ subscriber numbers, theme park demand, changes in revenue, and more. During the most recent earnings call, Disney was asked about potential plans for keeping demand high during the predicted upcoming recession. How Disney responded gives us reason to be cautiously optimistic about new discounts coming in the future. [Read more…]