Less than a week before a crucial Disney stock vote that will affect it for decades to come, the Walt Disney Company has been hit by a huge lawsuit demanding that its financial books be opened to prove its financial mismanagement. On April 3, Disney shareholders will be faced with a choice of who to bring to the new board ...
Read More »Author Archives: Nathan Kamal
Controversial Disney World Land Project Greenlit Despite Local Outcry
A controversial new Disney World project is moving forward despite the Central Florida residents having vocal misgivings about its scope and consequences. Credit: ITM The Walt Disney World Resort is the largest single-site employer in Florida and one of the major economic powerhouses for the state, bringing in millions of tourists and billions of tax revenue every year (despite what ...
Read More »Former Disney CEO Bob Chapek Makes Public Appearance, Takes Aim at Bob Iger
Former Disney CEO Bob Chapek, who was dismissed from his position as leader of the most iconic media company in the world in 2022, is finally publicly speaking out. More specifically, he’s speaking out to say that he thinks Bob Iger, both his predecessor and successor as chief executive officer, is making a mistake with his ESPN strategy. Credit: Disney ...
Read More »Disney World Faces Competition as Massive Theme Park Threatens Immediate Opening Nearby
The Walt Disney World Resort has faced months of threats from Governor Ron DeSantis, the COVID-19 pandemic, increasingly close outbreaks of measles, and a never-ending series of lawsuits, but now it may have to deal with an actual competitor. Plans to construct a massive new theme park just outside of the Magic Kingdom are underway, and Disney World has a ...
Read More »DeSantis’ Board in Turmoil Amid Mounting Disney Lawsuits
The board of supervisors appointed by Governor Ron DeSantis to oversee Walt Disney World seems to be falling apart in real-time as yet another of its members abruptly resigns. Central Florida Tourism Oversight District: Origins The Central Florida Tourism Oversight District (CFTOD) board of supervisors was installed by Governor DeSantis after he dissolved the Reedy Creek Improvement District, the special ...
Read More »Activists Accuse Disney of Secretly Paying Millions for Shareholder Support
Blackwells Capital, the activist investor group currently opposing both the Walt Disney Company and Trian Partners in an upcoming proxy battle, is accusing Disney of providing a powerful ally with tens of millions of dollars for its support. Credit: Edited by Inside The Magic The battle for control over the Disney board of directors (and, effectively, control over the company’s ...
Read More »Controversial Move: DeSantis Appoints Disney World Executive to Oversee Florida Elections
Florida Governor Ron DeSantis has appointed a high-ranking official of the new tax district around the Walt Disney World Resort as his new chief of elections, continuing his strategy of giving important jobs to his political allies. The far-right politician and former presidential candidate recently selected (per AP News) Glen Gilzean, who currently serves as the administrator of the Central ...
Read More »DeSantis Calls Truce: ‘No More Feud’ Between Him and Disney, Says Report
As far as the governor of Florida is concerned, Ron DeSantis and the Walt Disney Company are done fighting. Of course, Disney might not see things that way, but Governor DeSantis is currently on a media blitz in which he is widely touting his recent accomplishments. More than anything else, he seems eager to tell the world about the legal ...
Read More »DeSantis Makes Unusual Move with Disney in New Music Video
Ron DeSantis is on a victory tour after his legal defeat of the Walt Disney Company and has released a strange new music video to further boast of his courtroom win. The Florida Governor and the Walt Disney Company have been locked in a legal battle since early 2023, when Ron DeSantis dissolved the Reedy Creek Improvement District, allegedly in ...
Read More »Ex-Disney Chief Declares Company ‘Broken,’ Pins Blame on Bob Iger
In a brutal new video, former Disney Chief Financial Officer Jay Rasulo called the company creatively “broken” and blamed its leadership, namely CEO Bob Iger. Currently, Jay Rasulo is attempting to gain a seat on the Walt Disney Company Board of Directors, with the explicit goal of ousting Bob Iger and maximizing shareholder profits. He is a key part of ...
Read More »