The Florida Legislature has only been in session for a week, but it’s been a mixed bag for the Walt Disney Company. On the first day, Orange County legislature Linda Stewart introduced a bill that would have returned the Reedy Creek Improvement District to Disney World, but that was quickly shot down by Speaker of the Florida House Paul Renner, ...
Read More »Author Archives: Rick Lye
Experts Agree, Disney’s Next CEO Is Not Currently With the Company
When activist investor Nelson Peltz made his second bid for a seat on the board of the Walt Disney Company, he had a laundry list of complaints. But his complaints weren’t different from those everyone has heard since Disney CEO Bob Iger returned in late 2022. Disney has been struggling at the box office with several high-priced flops, Disney Plus ...
Read More »Disney Found Its New ‘Strategic Partner’ And It’s a Big One
When you’re in business, you always seek a partnership to bring your product to the masses. But if you could somehow get the blessing of a titan of industry, like Warren Buffett, that could carry more weight than any celebrity endorsement. It appears that the Walt Disney Company is about to get the blessing of the entertainment version of Buffett. ...
Read More »Florida Is Willing to Spend $100 Million To Get You To Travel to Disney World
It’s hard to fully imagine what Central Florida was like before Walt Disney came to town and opened the Magic Kingdom. It was almost entirely orange groves and swamps but has become one of the world’s premiere tourist destinations with Disney World, Universal Studios Orlando, and SeaWorld. Credit: Disney Related: Shut Out of Florida Politics Disney Turns To California, But Orange ...
Read More »Disney Has the Next-Gen Targeted Ad Technology And It’s About to Unleash it on You
We’ve all been there. You head down a shopping rabbit hole of items you have no plans to buy. But then something strange starts to happen. Every time you look at an electronic device, no matter the website, ads for that weird item appear in your stream. And those ads follow you from your personal devices to work and back ...
Read More »Just Days Before The Holiday Weekend, MLK’s Daughter Calls Out Jonathan Majors For Using Her Mother as a ‘Prop’
The Walt Disney Company found themselves in a no-win situation after Jonathan Majors was convicted of misdemeanor assault and harassment in a New York City courtroom. And somehow, Disney managed to make the situation worse for themselves. After the conviction, Disney and Marvel fired Majors from the MCU. He played Kang the Conqueror in Ant-Man and the Wasp: Quantumania (2023) and ...
Read More »New Law Requires Disney To Create Gender-Neutral Toys
Being a large multinational corporation, the Walt Disney Company must comply with hundreds of laws across dozens of nations. At Disney’s six theme park resorts, two domestic and four international, it’s a logistical nightmare keeping up with the various laws of each country. But if you include Disney Stores, the company must comply with thousands of laws in 10 different ...
Read More »Florida Takeover of Disney’s Monorail System Is Now Complete
After stripping Walt Disney World of the Reedy Creek Improvement District and replacing it with the Central Florida Tourism Oversight District, Florida Governor Ron DeSantis, and the new Board he appointed realized that Disney had essentially stripped the new Board of any power, leaving both of them a little embarrassed. As a way of getting back at Disney, Governor DeSantis ...
Read More »‘Much of the Company Is Dead Weight,’ Analyst Thinks Disney Is Going Extinct
It’s only been a week, but 2024 has been pretty good so far for the Walt Disney Company. Wish (2023), which bombed at the American box office, has found an audience overseas, banking more than $200 million. ESPN has been a rating juggernaut with the NFL and College Football Playoffs. And Walt Disney World has been slammed with a post-New Year’s ...
Read More »Online Conspiracy Theory Claims Israel Is Clearing Gaza For A Disney Theme Park
Three months ago today, Hamas terrorists invaded Israel, setting off a brutal war in Gaza. When the conflict started, many in Hollywood tried to chart a middle ground but quickly found being in the middle meant that both sides disagreed with you. The Walt Disney Company was one of those who charted the middle ground by donating $2 million for ...
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