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Tag Archives: The Walt Disney Company

Disney President Abruptly Exits Role After 20+ Years at Company

A large water tower with the Walt Disney Company logo on it stands amidst office buildings under a clear blue sky. A Disney employee recently suffered a hack after downloading an AI software.

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

Disney World Expansion

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 ...

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RUMOR: Disney CEO Bob Iger Cancels Middle East Disney Resort in Favor of More Restricted Country

Bob Iger Disney

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 ...

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Bob Iger Lays Out a Realistic Timeline for the Opening of Disney Park in Abu Dhabi

A glowing, futuristic blue and purple tower rises under a translucent dome against a night sky, with light reflecting on water below, creating a surreal, sci-fi atmosphere.

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 ...

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Changes in Disney’s Stance Toward Trump Administration Amid Industry Challenges

A man in a suit and tie, smiling with an American flag partially visible behind him on the left, is next to a large costumed character resembling Mickey Mouse, who has a surprised expression and is standing against an orange background on the right. This moment quickly caught the attention of news media outlets.

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 ...

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Disney’s Theme Park Revenue Soars After Intense Backlash Over Price Hikes

Crowds on Main Street U.S.A. at Disney World with Cinderella Castle in the background

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 ...

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Disney’s Global Empire Faces Lethal Trouble: What Went Wrong This “Failing” Quarter?

Iger Disney Stock

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 ...

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No to D’Amaro: Disney Fans Want No Part of Josh D’Amaro as Next CEO

Josh D'Amaro

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, ...

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Disney in Crisis: Hacker Who Released Sensitive Files Finally Caught and Facing Extreme Charges

A large archway with "The Walt Disney Co." written in stylized letters and a Mickey Mouse silhouette over a gated entrance, with trees and office buildings in the background. A black car drives past the entrance.

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 ...

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Disney Dusts Off the Vault; And It’s for a Heartwarming Cause

Steamboat Willie animation

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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