A veteran of The Walt Disney Company has exited their role after over two decades. Related: OFFICIAL UPDATE: Disney World Expansion Project Stopped in Its Tracks Disney’s longtime distribution executive, Justin Connolly, has exited the company ahead of a significant series of negotiations regarding ESPN. Connolly joined Disney over 20 years ago, serving as Director of ESPN Strategy and Operations. ...
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OFFICIAL UPDATE: Disney World Expansion Project Stopped in Its Tracks
Walt Disney World Resort has halted a major expansion project. Here’s what we know. Disney World Project Expansion Stopped In a state where rent prices have surged over 30% since the pandemic and locals struggle to stay housed near the jobs that fuel Central Florida’s billion-dollar tourism industry, hope arrived in 2022 like a fairy godmother waving her wand: Walt ...
Read More »RUMOR: Disney CEO Bob Iger Cancels Middle East Disney Resort in Favor of More Restricted Country
Disney CEO Bob Iger is rumored to have canceled plans for a Disneyland in one Middle Eastern country in favor of another, more restricted location. Shock. Disbelief. Heated online threads: Disney CEO Bob Iger Cancels Middle East Disneyland? That’s the reaction many Disney fans are having after a new rumor revealed that Abu Dhabi wasn’t Disney’s first pick for its ...
Read More »Bob Iger Lays Out a Realistic Timeline for the Opening of Disney Park in Abu Dhabi
Disney shocked the world earlier this week by announcing a partnership with Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, to open Disney’s first Middle Eastern theme park in the United Arab Emirates. It’s been 15 years since Disney announced its last theme park opening, with Shanghai Disneyland opening in 2016. Miral will own and operate the new ...
Read More »Changes in Disney’s Stance Toward Trump Administration Amid Industry Challenges
Shift in Disney’s Approach to Trump The Walt Disney Company has recently signaled a significant shift in its stance towards the Trump administration, showcasing a newfound readiness to collaborate on various initiatives that could bolster the film and television industry. This change comes after multiple challenges and an often adversarial relationship between entities. Disney’s Chief Financial Officer, Hugh Johnston, noted ...
Read More »Disney’s Theme Park Revenue Soars After Intense Backlash Over Price Hikes
Disney’s finances are looking good. Related: New Notice Filed for Classic Magic Kingdom Attraction’s Indefinite Refurbishment The Walt Disney Company released its Q2 FY25 fiscal report Wednesday morning, revealing several interesting details about the company’s operations over the last several months. The company’s Disney Experiences segment saw a 9% increase in operating income. Consumer products increased by 14% from $387 ...
Read More »Disney’s Global Empire Faces Lethal Trouble: What Went Wrong This “Failing” Quarter?
As domestic parks post solid growth, Disney’s international resorts are showing worrying signs of decline—just as the company announces a brand-new theme park venture in Abu Dhabi. Could this ambitious move backfire? Domestic Strength vs. International Struggle Disney Parks & Experiences delivered a 13% increase in domestic operating income in the second quarter of fiscal 2025, rising from $1.6 billion ...
Read More »No to D’Amaro: Disney Fans Want No Part of Josh D’Amaro as Next CEO
Unease Among Fans Regarding D’Amaro’s Rise The Disney fan community is becoming increasingly uneasy regarding Josh D’Amaro’s potential elevation to the position of CEO of The Walt Disney Company. Since speculation gained momentum around D’Amaro as a likely successor to current CEO Bob Iger, concerns about his leadership style have surfaced. Many fans are recalling the tenure of Bob Chapek, ...
Read More »Disney in Crisis: Hacker Who Released Sensitive Files Finally Caught and Facing Extreme Charges
In a serious breach of digital security, a Santa Clarita man has agreed to plead guilty to two felony charges after illegally accessing the internal communications of The Walt Disney Company, leading to the theft of confidential data. Federal prosecutors announced that Ryan Mitchell Kramer, 25, admitted to hacking the personal computer of a Disney employee and using stolen login ...
Read More »Disney Dusts Off the Vault; And It’s for a Heartwarming Cause
If you’re a Disney fan, animation buff, or someone who loves owning meaningful art pieces, here’s a rare chance to score something truly special. The Walt Disney Company is joining a powerful, community-driven effort by partnering with Heritage Auctions to release a curated selection of original animation artifacts, and it’s all to benefit Los Angeles fire relief. A Creative Community ...
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